Options are the crown jewel of financial derivatives.
Crypto options are developing rapidly, and Binance now has six options products: Bitcoin, Ethereum, Solana, Dogecoin, BNB, and XRP.
So, if you hold altcoins or memecoins, how can you trade options?
The answer is: choose over-the-counter (OTC) options!
Are OTC options safe? Are they vulnerable to hacking? What if the middleman runs away?
In this case, you need to find a reliable global institution to broker and endorse the options and sign a formal contract.
If you want to learn more about cryptocurrency OTC options trading, join the Binghuo Island community to discuss~
#options #MEME