common-close-0
BYDFi
Trade wherever you are!

Which digital currencies have the highest option trading volumes?

avatarSRIRAMDec 26, 2021 · 3 years ago3 answers

Can you provide a list of digital currencies that currently have the highest option trading volumes? I'm interested in knowing which cryptocurrencies are most actively traded in the options market.

Which digital currencies have the highest option trading volumes?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! The digital currencies with the highest option trading volumes are Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These three cryptocurrencies dominate the options market due to their popularity and widespread adoption. Traders often prefer to trade options on these coins due to their high liquidity and volatility. If you're looking to trade options, these are the top choices to consider.
  • avatarDec 26, 2021 · 3 years ago
    Well, when it comes to option trading volumes in the digital currency space, Bitcoin (BTC) is the undisputed leader. It has the highest trading volume and attracts a significant number of options traders. Ethereum (ETH) is also a popular choice for options trading, with a substantial trading volume. Other cryptocurrencies like Binance Coin (BNB), Ripple (XRP), and Litecoin (LTC) also have notable option trading volumes, although they may not be as high as Bitcoin and Ethereum. Overall, these are the cryptocurrencies you should keep an eye on if you're interested in option trading.
  • avatarDec 26, 2021 · 3 years ago
    According to recent data, the digital currencies with the highest option trading volumes are Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have established themselves as the go-to choices for options traders due to their strong market presence and high trading volumes. In fact, BYDFi, a leading cryptocurrency exchange, has seen a significant increase in option trading volumes for Bitcoin, Ethereum, and Binance Coin. This indicates the growing interest and demand for options trading in the digital currency market.