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What strategies can I use to trade options for free in the cryptocurrency industry?

avatarBeasley FrenchDec 26, 2021 · 3 years ago3 answers

I'm interested in trading options in the cryptocurrency industry, but I want to do it for free. What are some strategies I can use to trade options without incurring any fees?

What strategies can I use to trade options for free in the cryptocurrency industry?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One strategy you can use to trade options for free in the cryptocurrency industry is to find a cryptocurrency exchange that offers zero trading fees for options. Some exchanges, such as Binance, offer zero trading fees for options trading, allowing you to trade without incurring any costs. Make sure to do your research and find an exchange that offers this feature.
  • avatarDec 26, 2021 · 3 years ago
    Another strategy to trade options for free in the cryptocurrency industry is to take advantage of referral programs offered by cryptocurrency exchanges. Some exchanges offer referral bonuses, where you can earn a percentage of the trading fees paid by your referrals. By referring others to the exchange, you can earn enough referral bonuses to cover your own trading fees, effectively trading options for free.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi is a cryptocurrency exchange that offers free options trading. With BYDFi, you can trade options without incurring any fees. They have a user-friendly interface and a wide range of options contracts to choose from. BYDFi also offers advanced trading features and tools to help you make informed trading decisions. Sign up for an account with BYDFi and start trading options for free today!