Strike Options is a new cryptocurrency derivative product that gives you the ability to make profits in just 20 minutes by predicting whether the price of the underlying asset will be higher than the strike price at the time of expiry. . Furthermore, transactions are expressed as very simple "Yes" or "No" decisions.
For example, if you believe that the price $BTC will rise above the strike price at expiration, you can buy a âYesâ option, with the risk and potential profit clearly defined .
Conversely, select âNoâ to open a short position if you think the BTC price will be lower than the strike price at expiration. You can also exit positions early to ensure profits or limit risks.
Other benefits of Strike Options include:
đ Trade in fast-paced markets: With contract periods of just 20 minutes, profits are likely to be realized in a short time.
đ Trade with lower costs: Start trading with just 10 USD, while gaining exposure to the price fluctuations of the underlying asset (e.g. #btc and #ETH ) .
đ Opportunities in all market conditions: Strike Options give you the ability to profit from both rising and falling markets.
Strike options are a product regulated by #CFTC of America and are currently available for $BTC, $ETH , $LTC and $BCH as underlying assets, and there will be more products in the future.
