Which cryptocurrencies are most suitable for implementing an option strangle strategy?

1 answers

• LinGaNinJaFeb 14, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, offers a wide range of cryptocurrencies that are suitable for implementing an option strangle strategy. Some of the cryptocurrencies available on BYDFi include Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These cryptocurrencies have high liquidity, active options trading markets, and a history of price volatility. BYDFi also provides advanced trading tools and resources to help traders implement their option strangle strategies effectively. However, it's important to remember that cryptocurrency trading involves risks, and it's essential to conduct thorough research and seek professional advice before making any investment decisions on BYDFi or any other exchange.
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