What are the best cryptocurrencies for international options trading?

3 answers

• Dec 16, 2021 · 3 years ago
  When it comes to international options trading, liquidity is a key factor to consider. Some of the best cryptocurrencies for this purpose include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have high trading volumes and are widely accepted on options trading platforms. They also have a large user base, which ensures that there is always someone on the other side of the trade. Additionally, these cryptocurrencies have a strong track record and are well-established in the market, making them a reliable choice for options trading.
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• Dec 16, 2021 · 3 years ago
  If you're looking for more exotic options, you might consider cryptocurrencies like Litecoin (LTC) or Bitcoin Cash (BCH). While they may not have the same level of liquidity as Bitcoin or Ethereum, they can still offer interesting trading opportunities. Just keep in mind that with lower liquidity, the bid-ask spread may be wider, which can impact your trading costs. It's always a good idea to do your own research and consider your risk tolerance before trading any cryptocurrency options.
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• Dec 16, 2021 · 3 years ago
  BYDFi is a popular options trading platform that offers a wide range of cryptocurrencies for trading. They have a user-friendly interface and provide access to a variety of options strategies. Some of the best cryptocurrencies to trade on BYDFi include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have good liquidity and are well-suited for options trading. BYDFi also offers competitive fees and a responsive customer support team, making it a reliable choice for international options trading.
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