The so-called bitcoin option is to predict the future rise and fall of bitcoin, which is essentially the same as the spot, but only supports buying up and buying down. In operation, if you expect to be bullish, you will buy up, and if you expect to be bearish, you will buy down.

Where is the gap between options and spot?

For example, BitOffer, the world's first bitcoin option, has no margin, no handling fee and no exercise!

1, in stock, it costs $7,500 to buy a bitcoin.

2. options. It costs $5 to buy a bitcoin option.

Bitcoin rose from 7500 to 8000 dollars, earning 500 dollars in cash and 500 dollars in options.

They get the same income, but the cost they pay is 1500 times.

How to operate bitcoin options?

For example, the current price of Bitcoin is $7,500, and you think it will rise in the future 1 hour. Therefore, you open a 65,438+0-hour call option at a price of 65,438+00 USDT. As expected, Bitcoin rose by $500 within 1 hour, and the system automatically settled when 1 hour expired. You got a return of 500 USDT, which is equivalent to 50 times the return compared with the principal.

This is the case with options, which is the same as the profit rate calculated by spot, except that you don't have to pay the full amount, you only need to pay a little margin.