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Which cryptocurrencies have the highest number of option trades per day?

avatarBiniam HabtamuDec 30, 2021 · 3 years ago3 answers

I'm interested in knowing which cryptocurrencies have the highest number of option trades per day. Can you provide some insights on this? I would like to explore the options trading opportunities in the cryptocurrency market.

Which cryptocurrencies have the highest number of option trades per day?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    When it comes to cryptocurrencies with the highest number of option trades per day, Bitcoin (BTC) and Ethereum (ETH) are definitely at the top of the list. These two cryptocurrencies have the largest market capitalization and the most active trading volume, making them popular choices for options traders. Their high liquidity and widespread adoption in the crypto market contribute to the availability of options trading opportunities. So, if you're looking to trade options on cryptocurrencies, BTC and ETH would be the go-to choices.
  • avatarDec 30, 2021 · 3 years ago
    If you're looking for cryptocurrencies with a high number of option trades per day, you can't ignore the popularity of Binance Coin (BNB). BNB is the native cryptocurrency of the Binance exchange, one of the largest and most reputable cryptocurrency exchanges in the world. Binance offers a wide range of trading options, including options trading, and BNB is often used as a base currency for these trades. With its strong market presence and active trading community, BNB provides ample opportunities for options traders.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi, a relatively new player in the cryptocurrency exchange market, has been gaining attention for its options trading features. BYDFi offers a user-friendly platform with a focus on options trading, making it an attractive choice for traders looking to explore this market. While it may not have the same level of trading volume as established exchanges like Binance, BYDFi is quickly gaining popularity among options traders. So, if you're interested in cryptocurrencies with a high number of option trades per day, BYDFi is definitely worth considering.