Hxro, FTX Target Retail Crypto Traders With Simplified Options Product

Hxro, FTX Target Retail Crypto Traders With Simplified Options Product

Hxro and FTX have partnered to make options trading more accessible for retail traders.


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Bitcoin binary options are a simplified version of traditional options

Bitcoin Binary options are a simplified version of traditional options. Instead of estimating multiple details at once, binary options streamline the estimation process and allow an investor to make one decision: will an asset increase in price by a given date? Binary options limit loss potential, and are a great place to start for options beginners. They can be traded on FOREX, NADEX, and CBOE (Chicago Board Options Exchange). Investors can purchase options that expire several hours in the future, weeks, or months. Different than previous binary option offerings, the new service which is....

Top 5 cryptocurrencies to watch this week: BTC, ETH, LTC, ADA, BNB

Large-cap altcoins are attempting to rally higher but first bulls need to flip $24,000 to support. When the price of an asset hits a new all-time high, momentum traders plow in as they sense an opportunity to ride the trade higher. The same was seen after Bitcoin (BTC) price broke above the $20,000 mark on Dec. 16. By Dec. 19, the price had hit an intraday high at $24,197.46, a 21% rally in four days.These sharp moves in Bitcoin price attract traders who use derivatives to try and amplify their gains or hedge their existing positions by buying downside protection. This resulted in the open....

Bitcoin options still bullish despite this week’s $900 BTC price drop

Retail traders were rattled by Bitcoin’s $900 drop but BTC options data remains bullish ahead of Friday’s expiry. The $900 Bitcoin (BTC) price drop over the past two days might have been scary for novice traders, but those trading futures and options don't seem bothered. Cryptocurrency daily market performance snapshot. Source: Coin360As Bitcoin price rallied to $11,000 on Sept. 19, investors may have become overly excited as the price briefly broke an important resistance level. The steady rally lasted ten days and saw Bitcoin’s dominance rate rebound for a 15-month low and this had some....

BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures...

Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that the digital currency’s price could fill two unfilled gaps on CME Group’s Bitcoin Futures chart with an upward trajectory toward $18,000. During the last few days, bitcoin (BTC) spiked over the $16k handle, as numerous cryptocurrency markets have seen some significant gains this week. On....

Crypto ‘fear index’ can now be used to peek into the future

Option traders seem to be quite fearful in October. The Crypto Volatility Index, or CVX, is now live as a beta test and proof of concept. The index tracks the implied volatility of crypto options in a similar fashion to the VIX index used in stock markets.The VIX is usually referred to as the “stock market fear index” as it often spikes in anticipation of major downward moves.The CVX operates under a very similar mechanism. It tracks the implied volatility of a basket of crypto options, primarily for Bitcoin (BTC) and Ethereum (ETH).Options are a derivative product that give buyers the....