In the world of decentralized exchanges, DBOE stands out as the leading non-custodial platform, pioneering the use of DEX Clob technology. DBOE isn't just any exchange; it's the hub where BTC Options (BTC) take center stage, offering a comprehensive range of four positions: Buy Call, Buy Put, Sell Call, and Sell Put, akin to traditional options.
One standout feature of DBOE's options trading is the flexibility it offers in price ranges. Unlike conventional methods, sellers on DBOE aren't required to pledge their entire asset; they only need to pledge the difference within the price range.
Trading BTC Options (BTC) on DBOE is a seamless journey, achievable in three simple steps. With DBOE's options currently supporting trading on the Polygon Chain, users need Matic for transaction fees and USDt of the Polygon chain to get started.
Step 1: Connect Your Wallet to DBOE
Remember that DBOE is a DEX so that you don't need to deposit any money to the exchange or create an exchange wallet, simply connect your own DeFi wallet (e.g. Metamask, Core Wallet, Trust Wallet, etc.) seamlessly to DBOE before start trading.
Step 2: Choose Expiration Date
Select the desired expiration date within the BNB Options contract you wish to trade.
Step 3: Choose Price Range and Start Trading Bitcoin Options (BTC)
Select a suitable price range and commence trading securely.
In your initial trading session, enhancing security and user experience requires authorizing trading from Metamask. Users have the option to authorize automatically or receive reminders for each trade. (Note: Each new Options trade requires re-authorization at least once.)
Congratulations! You've successfully placed a buy/sell Bitcoin Options (BTC) order on DBOE.
Discover the benefits of trading Bitcoin Options on DBOE—where innovation, accessibility, and community engagement converge to empower traders and shape the future of decentralized finance.
Disclaimer: This article reflects the author's personal research and experiences, and should not be considered as financial advice. The author bears no responsibility for decisions made based on this content.
