Binance is preparing to launch Bitcoin trading options

[SuperCrypto 7193]

Bitcoin options trading is a feature that many traders have been waiting for a while, as it provides bitcoin options trading and enables traders to hedge against bitcoin price fluctuations in either direction, and gives options either the right to buy (buy option) or sell (sell option) a specific asset upon reaching The specified price, and the target price is determined on or before the contract end date.
I think this will bring more legitimacy to the area of cryptocurrencies, ensuring a more streamlined expansion towards the masses.

[SuperCrypto 7193]

15 hours ago, omaralirajbd said:

Dear friend this good news for bitcoin trading in binance. I think many traders waiting for binance trading options. This also good news for binance trading users. Thanks for sharing this topic.

This is a great success in launching bitcoin options and this success may help increase recognition of bitcoin as a result of the success of bitcoin options in establishing itself among traders, in addition to Bitcoin futures contracts.

[abualez 4106]

Thank you my friend But I do not understand what you said (trading options) Do you mean that the Binance platform made a tab to create a contract for its users to sell the bitcoins they store in it ,at the same price at which they made the contract, even if the price drops later.

[tienda 8776]

Thank you for sharing this information will be great for Binance users to have many option to do on their Binance account, Binance every week offer more and more services this is good to improve his image.

[BTC Future 3946]

22 hours ago, Jone20 said:

I do not know this type of trading and how it differs from regular trading or futures trading. Is there a type of trading called options trading and how will this trading be? Can we find an explanation about that?

Futures have to do with buying a contract and either selling it on expiry or buying/selling the coins as well. It has certain fixed dates. Although I'm not sure how crypto-exchanges have intergrated futures. Basically the idea behind futures, is for producers to short/long as an insurance in case of an event makes them bust, or as an opportunity if prices go up. Mostly gambling by speculators though, but there are certain timeframes involved.

Options are just betting, short/long. Both futures and options are called derivatives, meaning they don't own the investment, but you just bet on it's price. It is actually gambling. 

The derivatives value in the world markets is like 100 times more than the stock exchanges. This is why the whole economy is basically a huge casino.

[SuperCrypto 7193]

Professional traders in the cryptocurrency market consider that new currencies are so volatile that it can be easy to make your profit with binary options and open the way in the Binance platform for this trading will benefit them.

[SuperCrypto 7193]

3 hours ago, Rosaline149 said:

Bitcoin option trading feature is the most awaited feature on the Binance exchange for a long time. It will surely brig the freedoms for the traders to trade their Bitcoin according to the intended price to get more benefits. I think it will be the another great milestone from Binance exchange. 

This service is available on other platforms, such as Deribit and FTX, but it is not available on the largest platform in the world by market value. So if Binance has already launched such a service, users all over the world will flock to Binance options.

[Michael0606 861]

Dude, I am confused trading options, it is the first time that I listen, I thought they were binary options but I do not think since it is illegal, but tell me more about this topic to find out what edta forms of trade are about.

[Pinkvilla 258]

Well i have not pretty much knowledge about this

But what i heard that this is good for trader who

Trading in binance .thank you for sharing this

Information.

[jacker 1095]

I have not heard of this news, I am using the binance platform and I realize that it is the most perfect and user friendly exchange. Its updated features are all geared towards users and bring the most convenient and useful to users

[SuperCrypto 7193]

Bitcoin options are the latest and latest investment product and trading Bitcoin contracts for difference allows you to take advantage of both up and down movements and gives you access to risk management tools

[SuperCrypto 7193]

Binance Binance, the crypto platform, officially announced the launch of its new bitcoin options on its trading platform yesterday, indicating that it is currently limited to a mobile app only, confirming hints that circulated around the platform earlier this month.

[Syed Al Mamun 876]

Actually i am a great fan of Binance exchange i still stored some Crypto currencies in this fantastic exchange. Actually many traders are waiting like me to trade here so it's so good news for all.

[rianpedia 816]

With the latest options, we can trade more comfortably. so we don't need to think about existing risks because there is already a stop loss feature there.

[jamesvince 2389]

What's do you mean hedge strategies of crypto market. I am using hedging strategy on forex trading business. While trading at the same time buying and selling orders are opened at the same time. How binance exchange provided us this facility in crypto market. 

[SuperCrypto 7193]

5 hours ago, jack0 said:

please provide the news link, since binance has already margin trading facility and i don think they will launch options.

You can check the Binance official website, my friend, the news is certain, but currently the service has been launched on the mobile application only.
https://www.binance.com/en/blog/421499824684900513/Binance-Launches-Bitcoin-Options-on-its-Futures-Trading-Platform

[qua186386 226]

It's a good decided by the way binance, it can reduce the losses of businessman, by the option trading and it necessary for the merchants for to take their invested money, in definate value

[bachnhuc8273 231]

I will really like this such as Binance can start bitcoin option. Although, I have been playing nothing option since yesterday yer and seemed not prfitable for me

[SuperCrypto 7193]

On 4/24/2020 at 11:58 AM, saokhong8 said:

thanks bro, but I stretch not understand what you said (trading options) crutch you mean that the Binance foundation made a tab to create a contract for its users to sell the bitcoins they store in it

The options contract provides, as a well-known type, that enables traders to trade against currency fluctuations in either direction, up or down, where you have the option to buy or sell a specific asset when the price is reached. This price is determined on or before the contract end date.

[Lover840 0]

On 4/5/2020 at 2:18 PM, SuperCrypto said:

Bitcoin options trading is a feature that many traders have been waiting for a while, as it provides bitcoin options trading and enables traders to hedge against bitcoin price fluctuations in either direction, and gives options either the right to buy (buy option) or sell (sell option) a specific asset upon reaching The specified price, and the target price is determined on or before the contract end date.
I think this will bring more legitimacy to the area of cryptocurrencies, ensuring a more streamlined expansion towards the masses.

Binance is top exchange globally basis it is holding the largest number of assets. So it is keeping upgrading its servers and features to provide a really better experience to its users. 

[magd 5231]

This is what we always look for in a timely warning about the right to buy or sell and charity price expectations because it is very difficult to obtain a formal Bitcoin price prediction. The forecast is very important to determine the next steps that the investor will take before they happen.

[Whited35 15285]

On 4/9/2020 at 9:46 PM, Ash21 said:

Is that true. It will be good for the Binance user.when the bitcoin tread operate by binance.It will be easy for users to tread. 

I have been also waiting Bitcoin option trading feature on the Binance exchange for a long time.I am not getting point correctly from you but it is for sure, after enabling the option trading feature, user might find it better make Bitcoin tradings easily. 

[SuperCrypto 7193]

1 hour ago, Strangernew1 said:

This will bring more transparency in the transactions of trading and binance is the top leading crypto currency exchange. So that's a very good step taken by binance to add this trading feature. 

True, because of this type of trading, users can buy BTC subscription options with expiry dates between 10 minutes and one day at market prices, and this of course will provide high liquidity to operators and significantly reduced spreads.

[Calvinpriva 17296]

Trading options in binance will be very good because there are many cerypto traders who are using binance to exchange their cryptos or to trade futures and they need more than futures trading. It will be good because they will get more people who will trade with them.

[malik6314193 5449]

What is this type of trading. I don't know about that. I do simple trading. And how you differentiate between simple trading and this trading which you are describing.