Which is more popular among cryptocurrency traders, futures or options?

1 answers

• Feb 18, 2022 · 3 years ago
  Based on the data from BYDFi, futures trading is currently more popular among cryptocurrency traders. The majority of traders on our platform engage in futures trading due to its potential for higher returns and the ability to leverage their positions. Futures contracts also offer more liquidity and are easier to trade compared to options contracts. However, it's worth noting that options trading is also gaining popularity, especially among more experienced traders who are looking for more advanced trading strategies. Options provide traders with more flexibility and the ability to customize their trading positions. Overall, both futures and options have their own merits, and the choice between the two ultimately depends on individual trading preferences and risk tolerance.
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