Bitcoin Investment Trust (GBTC)
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With Bitcoin making new all-time highs seemingly everyday, the hype and buzz about the digital currency is palpable. Technically, the answer is yes. Therefore, as it currently stands, trading options on cryptocurrencies is not only risky because the exchanges are unregulated, but also because the liquidity is horrendous.
But all of this is set to change. Because Bitcoin has had very wild price swings, high levels of implied volatility make sense. What this tells us is that market participants are uncertain about the direction that BTC will trade, and by how much it will trade in said direction.
Hence, they are willing to pay a premium high implied volatility to protect their positions. However, because these option prices are generated by an unregulated cryptocurrency exchange, it cannot be in essence fully trusted. Due to the immense surge in popularity of cryptocurrencies in general, LedgerX was recently approved to become the bitcoin option chain regulated digital currency options exchange and clearinghouse in the United States.
This is exactly how stock options started bitcoin option chain in the US, especially weekly options, and they quickly became one of the fastest growing financial instruments, in terms of popularity, in the world.
Read all about how to trade bitcoin futures. TradeStation is the cheapest and best brokerage firm that offers bitcoin futures trading to their clients.
And are deeply discounted for active futures traders! Like the approval bitcoin option chain options trading, the fact that futures trading for Bitcoin is in the works is also a huge deal.
The more ways there are to trade BTC, the more opportunity there is. The best bet is to wait two months and you can trade them in the US. This is unequivocally the best route to go, as trading via an unregulated exchange with poor liquidity has never boded well for traders in the past. As cryptocurrencies begin to catch grow in popularity, we eventually foresee a world where they will be heavily traded by institutions and retail investors alike around the world.
The fact that futures and options trading will now be permitted and regulated in the US for Bitcoin is a massive step in the right direction for the future of all digital currencies.
Are There Options bitcoin option chain Bitcoin? Options Bro August bitcoin option chain, Several offshore exchanges bitcoin option chain Coinut and Derivabit offer Bitcoin options as well as futures. Regulated Options for BTC Are Coming Very Soon Due to the immense surge in popularity of cryptocurrencies in general, Bitcoin option chain was recently approved to become the first regulated digital currency options exchange and clearinghouse in the United States.
This is a huge deal for all cryptocurrency traders, especially Bitcoin and Ethereum.