When did option trading start in the cryptocurrency market?

3 answers

• Mar 19, 2022 · 3 years ago
  Option trading in the cryptocurrency market started gaining popularity around 2017. As the cryptocurrency market grew, traders and investors sought more sophisticated trading instruments, and options became a natural choice. The introduction of options brought more flexibility and risk management capabilities to cryptocurrency trading, allowing traders to hedge their positions and speculate on price movements. Since then, option trading has become an integral part of the cryptocurrency market, offering opportunities for both experienced and novice traders.
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• Mar 19, 2022 · 3 years ago
  Option trading in the cryptocurrency market began in the early 2010s. Initially, it was limited to a few platforms and had relatively low trading volumes. However, with the increasing demand for derivative products in the cryptocurrency space, more exchanges started offering options to cater to the needs of traders. Today, option trading has become a significant component of the cryptocurrency market, providing traders with additional strategies to profit from market movements.
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• Mar 19, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, introduced option trading to the cryptocurrency market in 2018. With its user-friendly interface and advanced trading features, BYDFi quickly gained popularity among traders looking to engage in option trading. The introduction of option trading on BYDFi brought a new level of accessibility and convenience to the cryptocurrency market, attracting both experienced traders and newcomers. Since then, option trading has continued to evolve and expand, with more exchanges offering this trading instrument to meet the growing demand.
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