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Which cryptocurrencies are commonly used for option trades?

avatarDikshansh TanwarNov 26, 2021 · 3 years ago1 answers

When it comes to option trades, which cryptocurrencies are frequently used? Which digital assets are considered popular choices for options trading?

Which cryptocurrencies are commonly used for option trades?
Cryptocurrencies
Option Trades
Digital Assets

1 answers

  • avatarNov 26, 2021 · 3 years ago
    When it comes to option trades, there are several cryptocurrencies that are commonly used. Bitcoin (BTC) and Ethereum (ETH) are widely recognized as the go-to choices for options trading. Their established market presence and high trading volumes make them attractive options for traders looking to engage in options contracts. Additionally, other cryptocurrencies such as Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH) are also frequently used for options trading. These digital assets offer a range of trading opportunities and can be found on various exchanges. However, it's important to note that the availability of options contracts may vary across different platforms, so it's advisable to research and choose a reputable exchange that offers the desired cryptocurrencies for options trading.

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