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Blockchain.com announces the launch of options trading, initially opening call and put options on 7 crypto assets to eligible users.
Blockchain.com launches options trading
PANews October 20 reports that cryptocurrency service provider Blockchain.com has announced the launch of options trading in its trading accounts. During the initial rollout, eligible users can BTC、ETH、SOL、HYPE、AVAX、XRP and TRX buy call or put options.
Source: https://www.panewslab.com/zh/articles/01a159b0-b4db-7419-b637-53fbcf852d1b
Blockchain.com announced the launch of options trading in its trading accounts.
During the initial rollout, eligible users can buy call or put options.
Supported assets are BTC、ETH、SOL、HYPE、AVAX、XRP and TRX。
This news was reported by PANews on October 20.
The following is analysis, separate from reported facts. Verify important claims independently.
Options are a type of contract. Call options are generally used to express expectations of price increases, while put options are generally used to express expectations of price declines. This update means that eligible Blockchain.com users can purchase both types of options on the listed assets through their trading accounts.
This feature gives eligible users access to options trading on the listed crypto assets, but the material does not provide actual adoption scale or trading data.
Beginners should first understand the rules and risks of options; the original text only states that call or put options can be purchased, without specifying eligibility requirements, applicable regions, fees, settlement methods, or liquidity.
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Grants the holder the right to buy or sell an asset, but does not obligate the holder to exercise it.
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View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
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