What Is Crypto Options Trading? 🚀
The options market is one of the fastest-growing sectors in the #cryptocurrency industry.
An option is a derivative, meaning it represents an underlying asset like $BTC or $ETH
With this, you can but you don't have to buy or sell the underlying asset. You can do so when the option expires at a set price at the expiration date, or you can do so before the expiration date.
#crypto Options Exchange-
Binance is the biggest #crypto exchange in the world and offers options for crypto, among many other products.
You can trade crypto options that are exercised upon expiration (European options). The options are settled in USDT.
There is a transaction fee of 0.03% of the underlying asset value and an exercise fee of 0.015% of the underlying asset value.
Are you intro options trading or not? 🧐👇🏻