Binance is preparing to launch Bitcoin trading options

[estee369 489]

Its like a Binary option then. I am not a fun of option trading because its like gambling to me like its either be head or tail. 

[Maxkos 57]

On 22.07.2020 at 20:26, estee369 said:

Its like a Binary option then. I am not a fun of option trading because its like gambling to me like its either be head or tail. 

It's not. Look at Binance option (Long and short), they has a stop order. On Binary it's just like casino 50 on 50. There you can analyze what you do.

[Marketnes 201]

On 4/5/2020 at 4:48 AM, 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.

It is of great benefit, surely if, the more options we have to control our operations, the better we will adapt to the crypto market, that is ok.

[Mitro 23]

Frankly speaking Binance options is a bullshit. It is more getting like gambling. I've tried options on Okex and deribit, so these exchanges are level up compared to Binance. But I don't think that options is a popular product among crypto traders.

 

Anyway you can make your strategy more diversified with options, more trading opportunities are available

[billo89 48]

This is very interesting information. I have seen a lot on the subject but I am still trying to understand the whole picture.
 
For now I make easy trades without risking so much capital.

 

😃

[mahmoud 10 3]

help me

[LuisM 89]

That's why I keep saying that Binance is the best exchange that exists because it innovates in very good things for the benefit of its users, because if we see there are few exchanges that have this feature of having commercial options of Bitcoin.

[Moussa Djehlane 25]

Option trading is difficult, I tried it and lost more than once

[Jose02 17]

Binance is a very safe exchange, it is the leading trading platform and that it is doing this is a success, thus it helps to the recognition of Bitcoin and with this greater profits for all

[Hfaragon33 29]

Secces move from binance more expert users aerivi.g to Binance!! Tradi g futures and options was 🔥  for bigginers are a totally trap. Becareful newbies, and with defis to! Some people say itsn't profitable. Try by yourself

[yonkii 3205]

My friend I'm only a month in crypto and I haven't learned so much but there are options in Bitcoin for almost 10 years now. There are exchanges that offered these option to short and long since Bitcoinica and later Bitmex. There is a reason why we always do research when we don't know what is the subject talking about. Binance was very late exchange in crypto and only applied this lately! I'm hoping for yobit to make this happen too because it is an exchange that deserves more users!

[annayks 2314]

Binance has expanded a lot and with the latest Bitmex problems many users left and send their bitcoins to bitmex for trading. I don't trade with leverage but perhaps I should open some positions with a maximum of 5x so in caes of a 10% drop I won'y be liquidated, but if it drops more it will be very bad.

[Fixfin 2569]

I'm an old Binance user and I don't like this at all. They have added 5x and 10x symbols when we are spot trading, this is not required and we might get confused on what to do with this. It needs to be more simple and not mess the trading between them.

[cryptovlek 2597]

I have seen Binance changed a lot and they have many trading options there as futures and margin, I don't understand exactly how to use all these and it needs some time. I hope to learn as I know how options work but I'm very confused with their platform nowadays.

[Mella 3680]

I am hope for the time yobit is launch the bitcoin options and leverage trade. I am think this will be very wild to make in the exchange and it is maybe the only thing that is missing today, it will make yobit above the binance and give the trader another good exchange to trade and make very good money.

[Poppisnop 428]

Yeah is because bitcoin is the latest crypto that rises that high, and also one of the best options for trading, this is going to be good for us investors.

[Henri1111 120]

I think professional traders in the cryptocurrency market consider. New currencies are so volatile that it can be easy for you to make a profit with binary options.

[Abdulrahman3 1252]

Many traders want to use this feature that provides them not to lose a large part of the capital due to rapid fluctuations in the price of a currency, but it basically deprives them of a large profit in the event the volatility is up and not down, so I always prefer to manage my deal myself.

[MoralStories 1127]

it seems like you are talking about the binary trading option in the binance I think it is a good idea to introduce it if there are a lot of people wanting it and wanted to trade

[Rozy 1918]

I was not aware of the many choices for buying and selling that Binance is providing for its users It has some great facilitations and there are some unique selling orders that I have not found in any other forum. I knew about these options by chance when I was watching a You tube video that talked about Binance in which it explained the many methods to put a selling order. It is great forum.

[teebasas 3018]

Binance launching option trading on its platform is fantastic news because it will allow many traders to trade bitcoin in this way and make fast profits and deals. However, it will require a strategy to be successful in this type of trading and can result in losses in a short period of time.