What is the meaning of roll option in the context of cryptocurrency trading?
PriyanshaDec 26, 2021 · 3 years ago1 answers
Can you explain what a roll option is in the world of cryptocurrency trading? How does it work and what are its benefits?
1 answers
- Dec 26, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers a roll option feature for its traders. With BYDFi's roll option, traders can extend the expiration time of their options contracts with a simple click. This feature provides traders with more flexibility and control over their positions, allowing them to adapt to changing market conditions. Traders can use the roll option to maximize their profits or minimize their losses, depending on their trading strategy. It's just one of the many innovative features that BYDFi offers to its users to enhance their trading experience.
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