Which cryptocurrencies are most commonly traded when selling options on Robinhood?

3 answers

• Dec 30, 2021 · 3 years ago
  When selling options on Robinhood, the most commonly traded cryptocurrencies are Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These cryptocurrencies have the highest trading volumes and liquidity, making them popular choices for options traders. Additionally, Robinhood offers options trading for other cryptocurrencies such as Bitcoin Cash (BCH), Ripple (XRP), and Dogecoin (DOGE), although their trading volumes may be lower compared to BTC, ETH, and LTC.
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• Dec 30, 2021 · 3 years ago
  Options traders on Robinhood often prefer to trade Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) when selling options. These cryptocurrencies have established themselves as the leading digital assets and have a large user base, resulting in higher trading volumes and more liquidity. However, it's important to note that Robinhood also supports options trading for other cryptocurrencies, so traders have a variety of choices depending on their preferences and market conditions.
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• Dec 30, 2021 · 3 years ago
  When it comes to selling options on Robinhood, the most commonly traded cryptocurrencies are Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These cryptocurrencies have a strong presence in the market and are widely recognized by traders. However, it's worth mentioning that BYDFi, another popular cryptocurrency exchange, also offers options trading for a wide range of cryptocurrencies, providing traders with more options and flexibility in their trading strategies.
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