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Which cryptocurrencies are most suitable for exercising call options?

avatarUJVAL PatelDec 26, 2021 · 3 years ago1 answers

I'm interested in exercising call options on cryptocurrencies, but I'm not sure which ones are the most suitable. Can you recommend some cryptocurrencies that are commonly used for exercising call options? What factors should I consider when choosing a cryptocurrency for call options?

Which cryptocurrencies are most suitable for exercising call options?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we believe that Bitcoin and Ethereum are the most suitable cryptocurrencies for exercising call options. Both cryptocurrencies have a large market capitalization, high liquidity, and a well-established options market. Bitcoin, being the first and most well-known cryptocurrency, offers a wide range of options contracts with various expiration dates and strike prices. Ethereum, on the other hand, has gained popularity due to its smart contract capabilities, which opens up new possibilities for options trading. Whether you're a beginner or an experienced trader, Bitcoin and Ethereum are solid choices for exercising call options.