How can I trade VIX outside of the USA using cryptocurrency?
dqgfDec 26, 2021 · 3 years ago3 answers
I'm interested in trading VIX (Volatility Index) using cryptocurrency, but I'm not located in the USA. How can I go about trading VIX outside of the USA using cryptocurrency? Are there any specific platforms or exchanges that offer this option?
3 answers
- Dec 26, 2021 · 3 years agoSure, trading VIX outside of the USA using cryptocurrency is possible. One popular platform that offers this option is Binance. Binance is a global cryptocurrency exchange that allows users from various countries to trade VIX using cryptocurrencies like Bitcoin or Ethereum. Simply create an account on Binance, deposit your desired cryptocurrency, and start trading VIX. Keep in mind that you may need to complete the necessary KYC (Know Your Customer) verification process to comply with regulations.
- Dec 26, 2021 · 3 years agoTrading VIX outside of the USA using cryptocurrency can be a bit tricky, but it's definitely doable. One option you can explore is using decentralized exchanges (DEXs) like Uniswap or Sushiswap. These DEXs allow you to trade VIX tokens directly from your cryptocurrency wallet without the need for a centralized exchange. However, please note that liquidity and availability may vary on DEXs, so it's important to do your research and choose a reliable platform.
- Dec 26, 2021 · 3 years agoBYDFi is a platform that offers VIX trading outside of the USA using cryptocurrency. It provides a user-friendly interface and a wide range of trading features. To start trading VIX on BYDFi, simply sign up for an account, deposit your preferred cryptocurrency, and navigate to the VIX trading section. BYDFi also offers advanced trading tools and analytics to help you make informed trading decisions. Give it a try and see if it suits your trading needs!
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