What are the best digital currencies to buy puts or sell calls on?

3 answers

• Pavithrakumari MSep 26, 2021 · 4 years ago
  When it comes to buying puts or selling calls on digital currencies, there are several options that you can consider. Some of the best digital currencies for these strategies include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These currencies are known for their high volatility and liquidity, making them suitable for options trading. However, it's important to note that options trading can be risky, so make sure to do your research and consult with a financial advisor before making any investment decisions.
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• Sandeep DasMay 18, 2022 · 3 years ago
  If you're looking to buy puts or sell calls on digital currencies, you might want to consider Bitcoin (BTC) and Ethereum (ETH). These two currencies are the most popular and widely traded in the market, which means they have high liquidity and are more likely to have options available. Additionally, their high volatility can provide opportunities for profitable options trading. However, it's important to keep in mind that options trading is a complex and risky strategy, so it's always recommended to do thorough research and seek professional advice before getting involved.
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• Asfaw AlemayehuOct 10, 2024 · a year ago
  When it comes to buying puts or selling calls on digital currencies, one platform that you can consider is BYDFi. BYDFi is a digital currency exchange that offers options trading on various cryptocurrencies. They have a wide range of digital currencies available for options trading, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). BYDFi provides a user-friendly interface and competitive fees, making it a popular choice among options traders. However, it's important to note that options trading involves risks, and it's always recommended to do your own research and consult with a financial advisor before making any investment decisions.
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