Are there any platforms that allow options trading for cryptocurrencies when Robinhood is not available?

3 answers

• Jan 12, 2022 · 3 years ago
  Yes, there are several platforms that allow options trading for cryptocurrencies when Robinhood is not available. One popular option is Binance, which offers a wide range of cryptocurrency options for trading. Another platform to consider is Coinbase, which also provides options trading for cryptocurrencies. Additionally, you may want to explore derivatives exchanges like BitMEX and Deribit, as they specialize in cryptocurrency options trading. These platforms offer a variety of options contracts for different cryptocurrencies, allowing you to trade based on your preferences and risk tolerance.
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• Jan 12, 2022 · 3 years ago
  Definitely! When Robinhood is not available for options trading on cryptocurrencies, you have other alternatives to consider. For instance, you can check out KuCoin, a cryptocurrency exchange that offers options trading for various cryptocurrencies. Another option is Kraken, which also provides options trading services. Additionally, you can explore decentralized exchanges like Uniswap and SushiSwap, which allow you to trade options directly from your wallet without the need for a centralized platform. These alternatives provide you with options trading opportunities even when Robinhood is not accessible.
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• Jan 12, 2022 · 3 years ago
  Yes, there are platforms that allow options trading for cryptocurrencies when Robinhood is not available. One such platform is BYDFi, a decentralized finance (DeFi) platform that offers options trading for cryptocurrencies. BYDFi allows users to trade options on a wide range of cryptocurrencies, providing flexibility and opportunities for profit. It is important to note that BYDFi operates independently from Robinhood and offers unique features and benefits. If you are looking for an alternative to Robinhood for options trading on cryptocurrencies, BYDFi is worth considering.
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