Advantages and Disadvantages of Bitcoin Options Trading

Advantages and disadvantages of bitcoin option trading

A bitcoin option is a financial instrument that acquires value from an underlying asset. It is an agreement that enables one to buy Bitcoin at a specific price and on a certain date.  A trader can pay a premium to acquire an option, which is generally cheaper than purchasing cryptocurrency. In addition, bitcoin options enable a trader to take a conceptual position on the future direction of the market price, be it increasing or decreasing. Bitcoin options trading has been introduced lately, but it has gained a lot of exposure…