Price: $0.19310 -0.8623%
Market Cap: 28.33B 1.1248%
Volume (24h): 4.67B 0.2%
Dominance: 1.1248%
Price: $0.19310 -0.8623%
Market Cap: 28.33B 1.1248%
Volume (24h): 4.67B 0.2%
Dominance: 1.1248% 1.1248%
  • Price: $0.19310 -0.8623%
  • Market Cap: 28.33B 1.1248%
  • Volume (24h): 4.67B 0.2%
  • Dominance: 1.1248% 1.1248%
  • Price: $0.19310 -0.8623%
Home > Information news > Crypto.com rolls out cryptocurrency ‘Strike Options’ to U.S. customers

Crypto.com rolls out cryptocurrency ‘Strike Options’ to U.S. customers

Release: 2023/11/14 01:22 Reading: 884

Original author:TheBitTimes

Original source:https://coinmarketcap.com/community/articles/655253be24f4975caa1376d5

Leading cryptocurrency exchange, Crypto.com, is currently rolling out a new crypto derivatives product to its U.S. customers through its smartphone app.

The new product – Strike Options – allows users to potentially profit in just 20 minutes,  according to information shared with Finbold on November 13.

With Strike Options, users can try to predict whether the underlying asset’s price will go up or down by selecting either a “Yes” option if they think it will increase or a “No” option if they think it will decrease. 

Contract durations 

These options offer a fast-paced form of trading with contract durations as short as 20 minutes. It allows its users to make a profit in both bull and bear markets and carries a low initial cost of $10.

Cryptocurrency

Number of Dogecoin millionaires plunges by 40% in a year

Cryptocurrency

Crypto eyeing 'historic move' as 'tons of new liquidity' return to market

Cryptocurrency

This cryptocurrency has tripled its market cap in 2 months

Cryptocurrency

‘Rich Dad’ R. Kiyosaki: Protect yourself from Central Bankers by saving Bitcoin

Cryptocurrency

Over 60,000 Bitcoin millionaires emerge in 2023, 3x more since January

It’s worth pointing out that Strike Options is a Commodities Futures Trading Commission (CFTC)–regulated product and offers Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) at the time of publication.

However, Crypto.com has plans to introduce additional cryptocurrencies to the new product further down the road.

Notably, the rollout will take place in stages, and U.S.-based Crypto.com customers will be informed when the product is available in their region either via email or through a push notification.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Source: https://thebittimes.com/crypto-com-rolls-out-cryptocurrency-strike-options-to-u-s-customers-tbt70116.html

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.