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Which cryptocurrencies are most commonly traded using level 1 options trading?

avatarGenevieve HarrisonJan 14, 2022 · 3 years ago3 answers

Can you provide a list of the cryptocurrencies that are frequently traded using level 1 options trading?

Which cryptocurrencies are most commonly traded using level 1 options trading?
Cryptocurrencies
Options Trading
Level 1

3 answers

  • avatarJan 14, 2022 · 3 years ago
    Sure! Some of the most commonly traded cryptocurrencies using level 1 options trading include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have a high trading volume and are popular among traders looking to hedge their positions or speculate on price movements using options contracts.
  • avatarJan 14, 2022 · 3 years ago
    The cryptocurrencies that are commonly traded using level 1 options trading are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have a large market capitalization and are widely recognized in the crypto industry. Traders often use options trading to manage their risk and take advantage of price fluctuations in these popular cryptocurrencies.
  • avatarJan 14, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers level 1 options trading for a variety of cryptocurrencies. Some of the most commonly traded cryptocurrencies on BYDFi using level 1 options trading include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). Traders can take advantage of the flexibility and potential profit opportunities offered by options contracts on these popular cryptocurrencies.

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