Which cryptocurrencies are most commonly traded through option exercise?
Tadoki093Dec 25, 2021 · 3 years ago3 answers
Can you provide a list of the cryptocurrencies that are frequently traded through option exercise? I'm interested in knowing which digital currencies are commonly used in options trading.
3 answers
- Dec 25, 2021 · 3 years agoSure! Some of the most commonly traded cryptocurrencies through option exercise include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have a large market capitalization and are widely accepted in the crypto community, making them popular choices for options trading. Additionally, other cryptocurrencies like Bitcoin Cash (BCH), Cardano (ADA), and Chainlink (LINK) are also frequently traded through option exercise, although to a lesser extent compared to the top coins. It's important to note that the popularity of cryptocurrencies in options trading may vary depending on the exchange and the specific options contracts available.
- Dec 25, 2021 · 3 years agoWhen it comes to option exercise, Bitcoin (BTC) is undoubtedly the king. As the first and most well-known cryptocurrency, Bitcoin attracts a significant amount of options trading activity. Ethereum (ETH) is another popular choice for option exercise, thanks to its smart contract capabilities and large developer community. Other cryptocurrencies that are commonly traded through option exercise include Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These coins have established themselves as major players in the crypto market and are frequently used in options trading strategies.
- Dec 25, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers a wide range of options contracts for trading. Some of the cryptocurrencies commonly traded through option exercise on BYDFi include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These coins have high liquidity and are popular among traders. However, it's important to note that the popularity of cryptocurrencies in options trading can vary across different exchanges. Other exchanges may have different options contracts available, which could impact the choice of cryptocurrencies for option exercise.
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