Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

Must Read

The cryptocurrency exchange is rapidly gaining popularity, and the number of people who know how to mine is increasing exponentially throughout the year. The mining is done through cryptocurrency exchange companies, and Binance is one such company. According to a news source, Binance, which is one of the top cryptocurrency exchange company, has officially launched Bitcoin (BTC) options on its future trading platform.

Some rumors were flying earlier this month regarding this amazing news, and on April 13, the company officially announced that the company will now offer Bitcoin options.

Also Read

As part of its trading agreement, Binance will be offering U.S. style Bitcoin options contracts. What options contracts mean is that the traders interested in trading through or in this particular platform will be two options to choose from: either a right to buy which is called a call option or sell which is called a put option, on a given asset for the particular strike price.

The derivatives of the same differ from each other, in the sense that there are different kinds of derivatives, and Binance is offering the American option of the derivative which is different from the European option of the derivative. Using this option the traders can settle the contract as established beforehand at any time before or on the expiry date itself.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

For this particular kind of contract as taken up by Binance, the traders will have to first transfer their USDT holding from their spot wallet to their future ones and set an expiry date for the wallet. The expiration timeframe could be from 10 minutes to a whole 24 hours.

The exchange will be based on one condition that a fixed value premium must be paid by the concerned trader before any transaction occurs. However, it comes with the caution of its own: “There is no guarantee that your options purchase will execute at a profit after the premium has been deducted. Most options purchases will not be profitable, but a minority will be very profitable. Please use it at your own discretion.”

Save up to 60% on OptinMonster

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -