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News

Crypto.com Strike Options Now Launched For US Users With Starting Only $10

November 13, 2023 - Around 2 mins mins to read

Key Points:

  • Crypto.com debuts Strike Options, a CFTC-regulated crypto derivatives product for BTC, ETH, LTC, and BCH.
  • With a 20-minute contract duration and a $10 transaction cost, Crypto.com Strike Options enables rapid profit potential and versatile trading decisions.
  • The feature is gradually rolling out across the U.S., with users notified when access becomes available.
Crypto.com has unveiled its latest product, Strike Options, as announced on its official website on November 13. This innovative offering, regulated by the U.S. Commodity Futures Trading Commission (CFTC), is set to transform the landscape of crypto derivatives trading.
Crypto.com Strike Options Now Launched For US Users With Starting Only $10
Crypto.com Strike Options Now Launched For US Users With Starting Only $10 2

Crypto.com Strike Options Revolutionizes Derivatives Trading

Crypto.com Strike Options enables users to capitalize on price movements in as little as 20 minutes by predicting whether the price of underlying assets, including BTC, ETH, LTC, and BCH, will surpass the strike price at the point of expiry. This short contract duration allows for swift profit realization, with a fixed transaction cost of just $10.

The product simplifies trading decisions, presenting users with a straightforward choice between “Yes” or “No” based on their predictions. For instance, if anticipating a rise in BTC’s price, users can opt for the “yes” option, with predefined risks and potential profits. Conversely, choosing “No” establishes a short position, anticipating a price below the strike point at expiry.

New 20-Minute Trading Game-Changer

Beyond the rapid profit potential, Crypto.com Strike Options offers additional benefits, including low entry costs, starting at $10, and the flexibility to exit positions early to secure profits or limit risks. With contract durations as brief as 20 minutes, users can navigate fast-paced markets and capitalize on both upward and downward price movements.

Currently available for BTC, ETH, LTC, and BCH, Crypto.com plans to introduce more underlying assets in the future. The CFTC-regulated product is gradually being rolled out across the U.S., with users notified via email or push notifications once access becomes available.

Crypto.com Strike Options marks a significant advancement in crypto derivatives, providing traders with a dynamic and regulated platform for quick and efficient trading.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
News

Crypto.com Strike Options Now Launched For US Users With Starting Only $10

Key Points:

  • Crypto.com debuts Strike Options, a CFTC-regulated crypto derivatives product for BTC, ETH, LTC, and BCH.
  • With a 20-minute contract duration and a $10 transaction cost, Crypto.com Strike Options enables rapid profit potential and versatile trading decisions.
  • The feature is gradually rolling out across the U.S., with users notified when access becomes available.
Crypto.com has unveiled its latest product, Strike Options, as announced on its official website on November 13. This innovative offering, regulated by the U.S. Commodity Futures Trading Commission (CFTC), is set to transform the landscape of crypto derivatives trading.
Crypto.com Strike Options Now Launched For US Users With Starting Only $10
Crypto.com Strike Options Now Launched For US Users With Starting Only $10 4

Crypto.com Strike Options Revolutionizes Derivatives Trading

Crypto.com Strike Options enables users to capitalize on price movements in as little as 20 minutes by predicting whether the price of underlying assets, including BTC, ETH, LTC, and BCH, will surpass the strike price at the point of expiry. This short contract duration allows for swift profit realization, with a fixed transaction cost of just $10.

The product simplifies trading decisions, presenting users with a straightforward choice between “Yes” or “No” based on their predictions. For instance, if anticipating a rise in BTC’s price, users can opt for the “yes” option, with predefined risks and potential profits. Conversely, choosing “No” establishes a short position, anticipating a price below the strike point at expiry.

New 20-Minute Trading Game-Changer

Beyond the rapid profit potential, Crypto.com Strike Options offers additional benefits, including low entry costs, starting at $10, and the flexibility to exit positions early to secure profits or limit risks. With contract durations as brief as 20 minutes, users can navigate fast-paced markets and capitalize on both upward and downward price movements.

Currently available for BTC, ETH, LTC, and BCH, Crypto.com plans to introduce more underlying assets in the future. The CFTC-regulated product is gradually being rolled out across the U.S., with users notified via email or push notifications once access becomes available.

Crypto.com Strike Options marks a significant advancement in crypto derivatives, providing traders with a dynamic and regulated platform for quick and efficient trading.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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