Trading Crypto Options, which site to choose? or have accounts on multiple platforms?

Discussion in 'Crypto Assets' started by NinjainPyjamas, Aug 5, 2020.

  1. The title says it all. I have traded on a few Options platforms that have been quite good like Sparrow Exchange, Deribit, OkEx. Do you trade on just 1 platform or use multiple platforms to get the best value out of your trades? If so, which ones?
     
  2. MrMuppet

    MrMuppet

    Deribit. They have cash settled european style options and approx 90% market share. You can skip the rest
     
    eternaldelight and jys78 like this.
  3. ZBZB

    ZBZB

    CME have bitcoin options but IB do not offer them.
     
  4. I can understand where your thought process is coming from but I personally believe that there's a good chance that you miss the best trade opportunities if you stick to just one exchange.
     
  5. MrMuppet

    MrMuppet

    Deribit is literally the only exchange to offer options. Every other exchange aside from LedgerX only offers warrants. If you wanna bet against the house, fine go ahead. If you don't, you have no other choice.

    CME options are too big for the average retail accounts