Crypto options trading

Singapore-based crypto exchange Bybit has recently announced its service expansion into crypto options trading, allowing users to trade USD Coin (USDC) options and perpetuals.  The Bybit media team told Cointelegraph that this decision to add options to the product line was in response to its community’s demands. Bybit noted that investors want to trade options because it can “serve as a hedge against existing risks and provide greater market exposure.” It also gives traders a way to diversify their portfolios. The newly-launched crypto options contracts on the exchange work on the same principles as its traditional finance counterparts. It allows users to speculate on the future price in the United States dollar value of an asset and settle trades using USDC. The Bybit team noted tha...