Hi, I wanna start trading crypto options, but I don't know where to start. And out there, is a bit hard to find information. I know Binance but max length is one day. I then tried Buxano.com, but I don't really like it... Please, any SUGGESTION IS REALLY APPRECIATED. Thank you!
Who said Binance options are only 1 day options? Currently they have a 12-Feb and a 26-Feb expirations. You can check out Derbit (https://www.deribit.com) as well.
Could you please tell me how to find those options on Binance? The only way that I know is through mobile - Then select Futures - and then select Options And legth goes from 5m to 1D. No more options Thank you!
It's called Vanilla Options under "Derivatives" (I am talking from the web interface, not mobile app), I don't use their mobile app.
Deribit is very brave in having markets streching out as much as a year, for that reason I think they will go under one day. Any serious exchange is just not taking that kind of risk with such volatile assets
They have great risk management and quickly liquidate accounts at risk, while charging extra fees for building insurance pool to cover possible bankrupt clients. They also survived March 2020 crash. So at least they’re aware of risks and try to cover every possibility.
The history of markets show that there is always a bigger move as time passes. More than 20 brokers went under in the 1987 crash, when markets do crazy shit, people go under. IMO When crypto has its 87 crash, Deribit will go under