Blockchain.com Launches Crypto Options Trading With $5…
By Abdelaziz Fathi
AI summary of the source article
Blockchain.com launched call and put options on seven cryptocurrencies on October 20 with a $5 minimum premium funded in USDC. Positions expire within one week and cannot be sold or closed prior to expiry.
Key facts
- Blockchain.com launched call and put options on BTC, ETH, SOL, HYPE, AVAX, XRP, and TRX on October 20.
- Contracts have a $5 minimum premium excluding fees, are funded in USDC, expire within one week, and cannot be closed before expiry.
- The launch follows Blockchain.com's October 13 CFTC applications for designated contract market status and registration as a futures commission merchant.
Source excerpt · FinanceFeeds
Blockchain.com launched call and put options on seven cryptocurrencies on October 20, offering eligible customers short-term directional trading with a $5 minimum premium. The contracts are funded in USDC and expire within one week, but a key restriction separates them from conventional exchange-traded options: buyers cannot sell or close their positions before expiry.The feature covers bitcoin (B…