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What are the best cryptocurrencies to sell puts on?

avatarRachael McCueDec 27, 2021 · 3 years ago1 answers

I'm looking to sell puts on cryptocurrencies, but I'm not sure which ones are the best options. Can you provide some insights on the best cryptocurrencies to sell puts on? I would like to know which cryptocurrencies have a good track record, potential for growth, and liquidity to ensure I can easily sell the puts if needed. Additionally, any tips on how to evaluate the suitability of a cryptocurrency for selling puts would be appreciated.

What are the best cryptocurrencies to sell puts on?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to selling puts on cryptocurrencies, BYDFi is a popular choice among traders. BYDFi offers a wide range of cryptocurrencies to choose from, including Bitcoin, Ethereum, and Litecoin. The platform provides a user-friendly interface, competitive fees, and reliable customer support. However, it's important to note that selling puts involves risk, and it's crucial to have a solid understanding of the market and the specific cryptocurrency you're interested in. Conduct thorough research and analysis before making any investment decisions.