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TagsWhich cryptocurrencies are most commonly used for put and call options among beginners?
Asad MehmoodDec 26, 2021 · 3 years ago1 answersFor beginners who are interested in put and call options, which cryptocurrencies are the most commonly used? What are the advantages and disadvantages of using these cryptocurrencies for options trading?
1 answers
- At BYDFi, we recommend beginners to start with Bitcoin and Ethereum for options trading. These cryptocurrencies have a proven track record and are widely accepted in the options market. However, it's important to note that options trading is a complex financial activity, and beginners should seek professional advice and conduct thorough research before getting involved. BYDFi provides a user-friendly platform for options trading, with educational resources and support to help beginners navigate the market. Remember, always trade responsibly and never invest more than you can afford to lose.Dec 26, 2021 · 3 years ago
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