Bitcoin News

Story: Bitcoin Options Trading Gained A Jaw-Dropping $1 Million Volumes in Just 2 Hours After…

By Dan Saada

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What keeps the crypto space interesting for trading this new decade? According to many investors, the introduction of new entrants in the crypto market.

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The said launching of BTC options tradings was announced by FTX CEO Sam Bankman-Fried via Twitter on January 12.

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A few hours after the announcement, BTC options trading hits $1 million trading volume. Not to mention, the additional features dedicated to the crypto space, FTX interestingly…

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From the volume monitor of FTX, the exchange gained the 8th spot, which is just above CME, according to the trading volume.

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In today’s crypto space, options trading is considered as the new hype where a number of exchanges push forward to make the feature possible.

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Back in 2017, institutional cryptocurrency trading firm CME was one of the first to launch the BTC futures contracts. After that, different exchanges have followed that suit.

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According to CoinGecko, a crypto data site, FTX is the 8th top cryptocurrency exchanged when it comes to volume, where it successfully traded $277.8 million over the last 24 hours.

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Early last year, FTX was founded and known to offer topnotch derivative trading products, such as perpetual and quarterly contacts on different leverage token, cryptocurrency…

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The Impact of Crypto Derivatives to the Crypto Space

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Due to increasing frequency, crypto derivatives could bring positive developments. In fact, OKEx, which is a Malta-based crypto exchanged, has announced the launch of its crypto…

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Meanwhile, the regulatory framework in the international scene continues to become clear and favorable.

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This action only shows that more and more individuals or groups trust the capabilities of options trading in the crypto space.

The Currency Analytics

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