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What are some recommended tools or platforms for executing covered call vs cash secured put in the cryptocurrency space?

avatarsanaeeljamaliNov 28, 2021 · 3 years ago3 answers

Can you recommend any tools or platforms that are suitable for executing covered call and cash secured put strategies in the cryptocurrency space? I'm looking for options that provide a seamless and user-friendly experience, while also ensuring the security of my funds.

What are some recommended tools or platforms for executing covered call vs cash secured put in the cryptocurrency space?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Sure! One highly recommended tool for executing covered call and cash secured put strategies in the cryptocurrency space is Binance. Binance offers a wide range of options for traders, including the ability to trade options contracts. Their platform is user-friendly and provides advanced trading features, making it a popular choice among cryptocurrency traders.
  • avatarNov 28, 2021 · 3 years ago
    If you're looking for a more beginner-friendly platform, you might consider using Coinbase. Coinbase is known for its user-friendly interface and intuitive trading experience. While they may not offer as many advanced options as Binance, they are a reliable and secure platform for executing covered call and cash secured put strategies in the cryptocurrency space.
  • avatarNov 28, 2021 · 3 years ago
    BYDFi is another platform that you can consider for executing covered call and cash secured put strategies in the cryptocurrency space. They provide a seamless trading experience and offer a variety of options for traders. With BYDFi, you can execute your strategies with ease and confidence, knowing that your funds are secure.