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What are the top cryptocurrencies to consider for selling put contracts?

avatarsurya kumarDec 15, 2021 · 3 years ago3 answers

I'm interested in selling put contracts on cryptocurrencies and I want to know which ones are the best options. Can you recommend the top cryptocurrencies that I should consider for selling put contracts?

What are the top cryptocurrencies to consider for selling put contracts?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    When it comes to selling put contracts on cryptocurrencies, there are several top options to consider. Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) are among the most popular choices. These cryptocurrencies have a large market capitalization and a high trading volume, making them attractive for put contract sellers. Additionally, they have a strong community and are widely accepted in the crypto space. However, it's important to do your own research and consider factors such as volatility, liquidity, and market trends before making a decision.
  • avatarDec 15, 2021 · 3 years ago
    If you're looking to sell put contracts on cryptocurrencies, you might want to consider Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a strong track record and are known for their stability and liquidity. They also have a large user base and are widely accepted in the crypto community. However, it's important to keep in mind that the cryptocurrency market is highly volatile, so it's crucial to stay updated on market trends and do thorough research before making any investment decisions.
  • avatarDec 15, 2021 · 3 years ago
    When it comes to selling put contracts on cryptocurrencies, BYDFi recommends considering Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). These cryptocurrencies have a proven track record and a strong community behind them. They also have a high trading volume and are widely accepted in the crypto market. However, it's important to note that the cryptocurrency market is highly volatile, so it's crucial to carefully analyze market trends and do thorough research before engaging in any trading activities.