Finding the Best Bitcoin Option Trading Platform of 2024

A Bitcoin option is a contract between the buyer and the seller that allows the buyer to trade a defined amount of Bitcoin currency for an upon-agreed price at a specified time. Like any other options contract, Bitcoin options can be bought, sold, and exercised at online trading platforms. Because crypto trading is new, there are not yet many exchanges that support options trading. We found the most reliable and researched their offerings.

Check out our best Bitcoin option trading platform list and read our in-depth reviews of each platform.

Show Less ↑

Show More ↓

6 Best Places to Trade Bitcoin Options - (April 2024)

Operator

Rating

Key Features

Option Style

Website

Deribit

RATING

(1 User Rating)

KEY FEATURES

Mobile app
Low options trading fees
European style options

SIGNUP BONUS European

Visit Site

LedgerX

RATING

(1 User Rating)

KEY FEATURES

Easy to use dashboard
Mini contracts of 0.01 BTC
US-regulated exchanges

SIGNUP BONUS European

Visit Site

Quedex

RATING

(1 User Rating)

KEY FEATURES

Keeps your BTC on cold storage
Extensive library of video tutorials
No withdrawal fees

SIGNUP BONUS European

Visit Site

FTX

RATING

(1 User Rating)

KEY FEATURES

Custom contracts available
Up to 101x leverage
Mobile app

SIGNUP BONUS European

Visit Site

OKEx

RATING

(1 User Rating)

KEY FEATURES

24/7 customer support
Cold storage security
Low platform fees

SIGNUP BONUS European

Visit Site

Binance

RATING

(1 User Rating)

KEY FEATURES

Both American and European options styles
Low fees
Two-factor authentication

SIGNUP BONUS American

Visit Site

Affiliate Disclosure

We believe that every online player deserves a safe and secure gambling environment, and that is exactly what we aim to provide here at Bitcoinplay.net. We create unbiased and honest reviews of the bitcoin casinos so that you can easily find the top names in the industry. With no external interference, our ratings and reviews are made independently by our team of expert reviewers and gamblers. Additionally, all of the operators on our site are licenced and regulated by the relevant crypto gambling authority so they can be trusted that they offer a fair and safe platform. We accept compensation from the operators that advertise on our pages which may affect their positioning. Also, we regularly update this list in order to bring you the newest and best sites for gambling with cryptocurrencies, however, we cannot review every operator on the market.

How We Identify the Best Crypto and Bitcoin Options Exchanges

If you decide to trade BTC options, you’ll need to choose an exchange. Although Bitcoin options trading is growing more popular, there still aren’t many platforms for trading. They have different rules and operate in different banking jurisdictions, so making the right choice is important.

We researched the market’s cryptocurrency platforms, researched their offerings, and created a list of exchanges we can recommend. Our list is composed of safe, regulated trading websites. During our research, each platform met rigorous evaluation criteria.

Regulations

The first thing to check when evaluating Bitcoin options exchanges is whether the exchange is licensed to trade derivatives where you live. Every country regulates options trading, and in most places, laws governing the operations of stock exchanges apply to crypto exchanges as well. The complex regulations give existing commodities trading firms an edge – they can simply begin trading Bitcoin options as part of their ongoing business.

Different countries have issued licenses for different trading platforms. You might be tempted to avoid these regulations, perhaps by logging in with a VPN, but this is illegal and the consequences could be serious. We do not recommend it.

We reviewed several Bitcoin options exchange platforms located all around the world.
Licensure is a key criterion for choosing a platform for trading Bitcoin options. In the United States, licensing and regulation are handled by the Commodity Futures Trading Commission. If you’re American, CFTC licensure is an essential factor for ensuring your money is safe.

User Experience

The next thing to check is how well each platform works. Whether you are a beginner or an experienced trader, you want quick and efficient cryptocurrency options trading. If the website is slow or buggy, you can miss your chance and lose money.

Some Bitcoin options exchanges allow you to use them free for a while with play money. This is a great way to learn about options and about how a particular exchange works. Whether you are beginners or an experienced cryptocurrency derivatives trader, you are sure to benefit from this sort of trial program.

Mobile App

The best trading platform is of no use if it isn’t compatible with the operating systems and devices you use.

Most platforms allow access directly from the browser, so they’re accessible from any desktop PC, laptop, or mobile device. A few of the best sites for trading Bitcoin options have desktop apps that run under Windows, macOS, or Linux systems. The browser-based solution works just fine.

However, apps for smartphones are undeniably handy. Serious BTC trading requires that you track the market closely – especially if you’ve invested at an American-style exchange and must choose when to exercise your options. Many platforms offer free mobile apps that show you current prices and allow you to purchase options conveniently while on the go.

Platform Fees

Each platform charges commission fees. All reputable companies disclose their prices openly, but cost calculations can be complex. It’s worth deciphering fee schedules so you can shop around for the best price.

Customer Support

Before you buy options on Bitcoin, it’s important to understand how the trading platform works. If you’re an experienced trader, you probably won’t have a problem. But if you’re a beginner, you’ll find access to reliable, effective customer support agents is a big plus.

Be sure to evaluate customer support options along with the other features when you are choosing an options trading platform. Tutorials that explain how to buy Bitcoin options are a plus, as are instructional videos that illustrate trading strategies. If the exchange supports a community site where you can communicate with other traders, so much the better.

But customer service is the key. You want agents to be available 24/7 via convenient communication channels.

Security Measures

The best Bitcoin option trading platform isn’t the best if security measures are lax. It’s important to evaluate the security measures in place at every exchange you’re considering. Encryption, cold storage crypto vaults, two-factor authentication, and other security measures help keep your money safe.

Reputation

Finally, it’s important to consider each platform’s reputation. Look for common themes in reviews posted to Trustpilot and other sites.

How Bitcoin Options Exchanges Work

Trading has always been part of the cryptocurrency world. Believers dream of a crypto utopia where Bitcoins will be as widely used as dollars and euros, but today, the smart money is betting on investing.

Bitcoins are traded like any other commodity. You transmit an order to an exchange and make a purchase by swapping dollars, euros, or other funds for the equivalent value in Bitcoins. If the price of Bitcoins rises, you can sell them and pocket your profit. It’s just like buying stock. You can read all about it in hundreds of internet reviews of Bitcoin exchanges.

But when it comes to Bitcoin options trading platforms, reviews are scarce. That’s because, in addition to supporting simple trades like buying and selling cryptocurrencies, these platforms support trading derivative financial products – specifically, Bitcoin options.

What Are Bitcoin Options?

Options are financial instruments that give the owner a right but not an obligation to trade the underlying asset for an agreed price on a specified date. The agreed price is called the strike price, while the deadline is called the maturity date.

Bitcoin options are like other financial derivatives. Their value is derived from the value of the underlying asset. Bitcoin options are based on the value of Bitcoin, which is an extremely volatile currency. Bitcoin option trading is therefore risky, especially for traders with less market experience.

Making Money With Call Options

Here’s a simple example.

Let’s say you visit an exchange website and purchase a call option for 2 BTC with a strike price of $10,000 and a maturity date one month from today. A call option gives you the right to purchase the commodity at the strike price. In this case, you have purchased the right to buy 2 BTC for $10,000 each a month from today.

The exchange charges you for the option. Let’s say this option costs $150. That’s the Bitcoin option price.

Suppose it’s a good month for Bitcoins. On the maturity date, they are selling for $12,000 each. You have purchased the right to buy two Bitcoins – a $24,000 value – for $10,000 each. Your profit on the 2 BTC options contract is therefore $4,000 minus the $150 you paid for the option. The exchange transfers the $4,000 to your account.

That’s what “call” options are all about. You make money if the value of a Bitcoin rises above the strike price.

If the price of a Bitcoin at the maturity date had fallen to $9,000, you would choose not to exercise the option by purchasing Bitcoins at $10,000 each. With Bitcoin options contracts, your losses are limited. The option would expire unexercised and you would lose the $150 you paid to purchase it.

Making Money With Put Options

If you think the price of Bitcoins will drop, you could purchase a “put” option, which gives you an opportunity to sell the commodity at the strike price.

For example, you might spend $150 on a put option to sell 2 BTCs at a strike price of $10,000 a month from today. If the price is $9,000 on the maturity date, your profit is $1,000 per Bitcoin minus the $150 you paid for the option – $1,850. That’s a good way to make money in Bitcoin option trading when the market is falling.

If the price of a Bitcoin rose to anything above the $10,000 strike price, your option to sell Bitcoins for $10,000 would be worthless. You would let the option expire without exercising it and sustain a $150 loss – the price of the option.

Selling Options

Some exchanges allow you to sell options in addition to buying them. You collect the option price – $150 for each option, in our example – from every trade. But you must cover the trader’s net profit if the put or call trade is profitable. As a practical matter, you should leave option selling to Bitcoin options exchanges. To participate as a seller, you need a large stock of Bitcoins that you have purchased at various prices.

European and American Options

Here’s one more wrinkle: The transactions we’ve described are European-style trades, in which options are exercised on the maturity date. Most Bitcoin exchanges use this system. However, a few have implemented American-style options, in which your option can be exercised at any time before the maturity date. You need nerves of steel with American-style options because you will face the temptation to cash out even though your profit might increase – or evaporate – if you wait a day or a week. That makes Bitcoin options trading a high-anxiety pastime.

Cash Settlements

Another term we need to explain is “cash settlement.”

When you’ve purchased a call option to buy a Bitcoin for $10,000, you might naturally think that you make your profit by buying the $10,000 Bitcoin and selling it at the current market price, which is higher. But most BTC options trades are conducted on a net cash basis. The Bitcoin is never actually bought or sold. That’s what “cash settlement” means. You can exercise – and profit from – your option to buy or sell Bitcoins at the strike price without ever actually buying or selling a single Bitcoin. That means you can trade Bitcoin options and make a tidy profit even if you can’t afford to purchase a Bitcoin on your own.

Short Selling

You may have heard of “short selling,” which is another way to profit when a commodity’s price is dropping. With short selling, you buy the commodity and you must sell it on the maturity date. It’s not an option to sell, but a requirement. Both kinds of trades qualify as betting against Bitcoin (or a company stock or whatever), and they are somewhat similar, but they are fundamentally different because a short sale doesn’t leave you with any options.

Learning the Ropes

Lost? Don’t worry. These are complex financial products. The good news is that the best Bitcoin options sites are loaded with guides, articles, and video tutorials to help you understand how options trading works.

The people who run exchanges know that everyone was once a beginner. That’s why popular sites like Deribit and LedgerX offer rich libraries packed full of informative tutorials that can show you precisely how to trade with BTC options, how to use the websites, and even how to develop your own trading strategies.

We’re almost ready to tell you about the market’s best Bitcoin options trading websites. But first, we need to explain the objective criteria we use to select and rank the internet’s best exchanges for options traders.

Bitcoin Option Trading Platform Reviews

Deribit Review

Mobile app
Low options trading fees
European-style options

Visit Site

Launched in 2016, Deribit is probably the world’s first Bitcoin options exchanges platform. The Netherlands-based company specializes in derivatives trading for Bitcoin and Ether.

Deribit is a high-volume exchange with reasonable fees. Clients praise the platform’s user-friendliness and Bitcoin liquidity. It’s a great site for experienced traders, but not the best platform for beginners.

Deribit BTC Options

Deribit is available for residents of most European countries, but it is not licensed for trading in the US, Cuba, Guam, Iran, Iraq, Japan, North Korea, Panama, Puerto Rico, Samoa, Sudan, or Syria.
Deribit offers European-style options, meaning that contracts can’t be exercised until the maturity date.

This Bitcoin options exchange offers a variety of trading options, including market order, limit order, stop-market, and stop-limit. Experienced traders will be happy to learn that this is one of the platforms with the highest leverage – up to 100 times the contract amount. This advanced feature lets you make more while risking less.

Platform Fees

Deribit is completely open about its fees – the price list is posted transparently on the website. The platform uses a maker-take pricing model, which means that you will pay a small fee based on the size of each transaction.
This affordable Bitcoin options exchange platform charges 0.03% of the underlying 0.0003 BTC/ETH per options contract. Unlike some other platforms, Deribit doesn’t charge fees for depositing funds.

User Experience

Experienced traders are likely to find the Deribit user interface uncomplicated, but if you’re a beginner, you’ll probably need to take some time to discover all the features and tools.
You don’t need to create and fund an account to take Deribit for a test drive. You can test the platform with 10 imaginary Bitcoins and see if Deribit lives up to its reputation as one of the best Bitcoin options trading exchanges.

When you create an account, you must deposit Ether or Bitcoin. No fiat funds are allowed. The dashboard displays balances and transactions in US dollars, but under the hood, it’s all crypto.

Security Measures and Customer Support

Deribit is one of the safest platforms for BTC options trading. It keeps 99% of Bitcoins in cold storage and it has proved vulnerable to no attacks since the platform was launched.
The site is available in English, Russian, Spanish, and other languages. You can contact agents via Twitter and Telegram.

LedgerX Review

Easy-to-use dashboard
Mini contracts of 0.01 BTC
US-regulated

Visit Site

Launched in 2014, LedgerX is one of the best Bitcoin options trading platforms on the internet. It is licensed by the CFTC, the US agency that regulates derivatives trading. LedgerX is a completely legal, well-regulated place for trading Bitcoin options.

LedgerX contracts are physically settled, which means that you actually buy and sell the Bitcoins that underlie your options contract. In addition to options trading, the platform specializes in futures and swaps.

LedgerX BTC Options

LedgerX is a mainstream platform for traders who want to buy or sell Bitcoin options. This US-regulated platform is available only to traders within the US, the Cayman Islands, and the British Virgin Islands.

One of the reasons LedgerX is a popular platform for Bitcoin options trading is that it has a wide range of strike prices. You can set a Bitcoin strike price as low as $2,000 and as high as $50,000, which gives you great flexibility when speculating. In addition to versatile strike prices, the platform offers great hedging strategies to protect your funds from risky trading movements.

LedgerX supports mini-contracts, options based on the value of just 0.01 BTC. This is a great strategy that can help new traders limit their exposure.

LedgerX offers European-style options that are not exercised until the maturity date. The platform will not exercise the option automatically, meaning that you must submit the exercise instruction manually.

Platform Fees

As one of the market’s best options trading platforms, LedgerX charges small fees to contract holders. For mini-contracts, the platform charges $0.05 or $5 per Bitcoin. Additionally, you’ll pay a flat fee of $10 for withdrawals.
Unlike many other platforms, LedgerX enables both cash settlements and asset settlements. You can make withdrawals in American dollars or Bitcoins.

User Experience

The LedgerX user interface is clear and easily navigable, even if you have just started trading BTC options. The sell and buy buttons are on the left side of the screen, and you can track orders and positions on the right side. The central part of the dashboard displays current options and futures.

Security Measures and Customer Support

Like other top Bitcoin options trading platforms, LedgerX provides extensive customer support to clients. The useful FAQ page contains all the information you need to start trading BTC options.

Quedex Review

Keeps your BTC in cold storage
Extensive knowledgebase of video tutorials
No withdrawal fees

Visit Site

Launched in 2014, Quedex is an online trading platform that supports Bitcoin options and futures trading. The platform holds a Distributed Ledger Technology Provider license from the Gibraltar Financial Services Commission, which means that it complies with European Union laws and regulations.

Quedex BTC Options

Quedex options are cash-settled, meaning that you receive net funds when your contract matures.

Like most of the top options trading platforms for Bitcoin, Quedex offers European-style trades. If you prefer platforms that allow you to exercise options at any time before the maturity date, you’ll need a platform that supports American-style trading.

Quedex supports three maturity periods: weekly, monthly, and quarterly. Quedex assigns values to Bitcoins according to the current BTUSD converter rate.

Platform Fees

Quedex displays a full table of fees on the website and updates the figures regularly. The platform’s fees fall within the average range within the industry. Like other candidates for the best Bitcoin options exchange, Quedex bases fees on the value of the underlying commodity. The options trading fee is 0.04%.

Quedex charges an options settlement fee only when the option is in the money. If you don’t exercise your options because the price of Bitcoins moved the wrong way, Quedex waives the settlement fee.
Quedex doesn’t charge fees for making deposits or withdrawals.

User Experience

Customer reviews identify the site’s extensive Know Your Customer requirements as its main disadvantage. Almost all exchange platforms require personal information like name, Social Security number, and address before you can open an account. Unlike the other best Bitcoin options platforms, Quedex requires additional documents and its certification process takes longer.

The Quedex trading dashboard is easy to use, but beginners may need some time to get used to it. For example, the options streaming page shows only current strike prices without the order book or recent trades.
Unlike other Bitcoin options trading websites, Quedex doesn’t provide a free trial where you can invest with fake money. You can’t use the Quedex platform until you create an account and deposit money.

Security Measures and Customer Support

One excellent reason to choose Quedex as your platform for options trading with Bitcoin is that it offers a wide range of articles, guides, and tutorials that explain how to make money with BTC options. The company collaborates with the Crypto Wizards community, which means you can access a wealth of video tutorials that illustrate how to use this financial tool, create a trading strategy, and see how derivatives work.

Quedex uses an offline wallet to protect your Bitcoins. When you want to access your own Bitcoins, you will experience just how rigorous the company’s security measures are.

FTX Review

Customized order book
Mobile app for iOS and Android
Tiered pricing model

Visit Site

The next platform on our list of options exchanges is FTX. The company was founded by Alameda Research co-founders Sam Bankman-Fried and Gary Wang. The FTX trading platform was launched in 2019

FTX’s cryptocurrency exchange volume is currently about $50 million per day, which is much less than at other platforms. Still, FTX is one of the best places to trade derivatives. The platform is designed for professional trading companies and individual traders, even those without trading experience.

FTX BTC Options

FTX offers a wide variety of financial services, placing it among the most comprehensive platforms when it comes to cryptocurrency trading. The platform is a great place for futures trading since it covers more than 150 futures markets. It’s also among the best Bitcoin options exchanges.

BTC options at the FTX exchange are especially tempting for traders who prefer an RFQ – request for quote – system. It means that the platform doesn’t have a list of options contracts for you to choose from. Instead, you can customize trades as you wish. You can create options by defining the strike price, maturity date, and other details. Once the option is created, you can choose whether you want to buy or to sell the contract.

One exception to the site’s anything-goes contract policy: The FTX platform supports only European-style options, which means options can be exercised only at maturity.

This Bitcoin options exchange uses cash-settled options, meaning that at maturity, the seller transfers net cash to the buyer, not the underlying asset.

Platform Fees

FTX offers a tiered pricing model. There are different pricing tiers for both makers and takers. Your fees will depend upon the volume of trades you make each month.

For example, users who trade less than $3,000 per month pay a maker fee of 0.020% and a taker fee of 0.070%. High-volume traders benefit from FTX pricing because they pay the lowest fees.

One of the reasons we count FTX among the best options exchanges for Bitcoin is that it offers even lower fees for VIP clients. The VIP program provides great benefits like account manager support and access to company developers for assistance integrating FTX services into your own company’s applications.

User Experience

If you have used other trading platforms, you may need some time to get comfortable with the FTX dashboard. The modern-looking user interface is available in dark, black, and light modes, and it supports English, Spanish, Italian, Russian, and additional languages.

FTX provides full access to its Bitcoin options trading functions with a free mobile app for iOS and Android devices.

Security Measures and Customer Service

Although it is new to the market, FTX has already been the subject of many positive options trading platform reviews. FTX has partnered with a long list of notable cryptocurrency companies, including Alameda Research, Binance, Circle, Stable Universal, TrueUSD, Paxos, Fenwick & West, Galois Capital, and many more.
FTX customer support is available via live chat and social media channels. Like other trading firms, FTX has loaded its site with useful articles that can help you learn about options and create trading strategies.

OKEx Review

24/7 customer support
Cold storage and hot wallets security
Low platform fees

Visit Site

Launched in 2017, OKEx is a rapidly growing cryptocurrency platform for trading digital assets. It supports a variety of financial services, including options, futures, perpetual swaps, and tokens. It’s one of the best Bitcoin options trading platforms for 2021, the choice of more than 20 million clients in over 200 countries. The platform specializes in BTC options trading, with a daily trading volume of $1.5 billion.
OKEx BTC Options

One of the things that differentiate this platform from the rest is that it offers a wide range of options contracts that can be settled in different currencies. If you want to try trading with other cryptocurrencies, OKEx is the place to go.

When it comes to Bitcoin options, OKEx works much like any other platform. There are basic put and call options with a settled strike price. Like other candidates for the best crypto options trading platform, OKEx conducts trades on a 24/7 basis.

OKEx options are settled in cash with strike prices that range from $5,000 to $50,000.

Platform Fees

OKEx has multiple pricing models for regular and VIP traders. They’re all based on trading volume. Investors with trading volume below $50,000 are regular users, while traders whose volume surpasses $50,000 are VIPs.

Fees are charged according to a 12-tier system. Maker fees for regular users range from 0.015% to 0.02%, while taker fees range from 0.03% to 0.05%. VIPs pay substantially lower fees.

User Experience

Client reviews identify OKEx as one of the best sites for trading Bitcoin options, mostly because of its user-friendly interface. It’s one of the easiest dashboards for trading, with lots of visualization charts and other helpful tools. It’s optimized for almost all devices and operating systems, but for an even better trading experience, you can install the OKEx app on your iOS or Android mobile device.

The app lets you buy or sell options anytime you like, and you can check strike prices in real-time. The app allows you to set alarms and notifications so you’ll know when prices change. You can even compare prices with other exchange platforms.

Security Measures and Customer Service

If you decide to trade Bitcoin options at OKEx, you will have access to great customer service agents anytime you need them. Customer service works 24/7, and you can contact agents via phone, email, social media, or Telegram.

You’ll also enjoy membership in a huge online community of traders. Once you have joined the group, you can ask questions, share tips, and learn about other traders’ strategies. The site has a rich FAQ page, dozens of useful articles, and plenty of tutorial guides for beginners. Video tutorials explain basic concepts about Bitcoin and options trading – they are especially valuable.

Our Bitcoin options exchanges review wouldn’t be complete without mentioning OKEx security. Like other platforms, OKEx has implemented rigorous security measures to protect assets and client information. It stashes assets in cold storage, transferring funds to its hot wallet only as necessary. The cold-storage approach means funds are inaccessible to hackers, which means you can count on fast, secure, and protected transactions.

We find much to like about OKEx and little to criticize. The site is worth a look whether you are a beginner or an options-trading pro.

Binance Review

American-style BTC options
Premium fees
Two-factor authentication

Visit Site

Binance is the final entry on our list of Bitcoin option trading platforms. Binance was founded in 2017 by Changpeng Zhao, who had cut his teeth at Blockchain.info and OKCoin. Within a year, it was one of the largest cryptocurrency exchanges. In November 2020, the site processed $132 billion in monthly trades.

Customer reviews are mixed. The company’s Trustpilot account has attracted many negative reviews based on what customers identify as poor customer service and problems withdrawing funds. Binance has a 2.3 score out of 5 on this website.

Binance BTC Options

Binance entered the Bitcoin options market in 2020 when it launched Binance Options, an American-style trading service that allows buyers to purchase contracts and exercise them any time before they mature. Terms are quite short; contracts can be as short as 10 minutes or as long as one day.

In December 2020, Binance launched a second options-based product: the European-style Vanilla Options trading service. With Vanilla Options, traders can both buy and sell contracts. Vanilla Options contracts require that traders own sufficient Bitcoins to serve as collateral and cover their options. Maturity windows run from days to months.

Each Binance Bitcoin options market is open on a 24/7 basis. All contracts are settled in cash.

Binance options have Binance Futures BTCUSDT as an underlying asset.

Information about Binance options services can be hard to find on the website – perhaps because the exchange has only recently entered the options market. Binance is better known as a cryptocurrency exchange and Bitcoin futures trading platform.

Platform Fees

Binance calculates fees differently depending on whether you have chosen to trade options using the Binance Options service or Binance Vanilla Options.

The Bitcoin Options price is based on the strike price. Binance charges 2.02%.

For Vanilla Options, the transaction fee is 0.03% of the underlying value. An additional fee of 0.015% is charged if you exercise the contract.

User Experience

Binance offers free desktop and mobile apps for almost all platforms. The desktop version is available for PCs and laptops running macOS, Windows, and Linux. Mobile apps are available for Android and iOS.
Security Measures and Customer Support

Like other cryptocurrency exchange platforms, Binance employs robust security measures to protect clients, data, and money. We recommend you take advantage of the site’s two-factor authentication option to set an extra layer of security in place.

Binance is not the best Bitcoin options trading platform if you’re a beginner and you expect you’ll need ongoing customer support. Customers complain about the quality, availability, and wait times associated with Binance’s support services. The company provides 24/7 access to agents via email, live chat, and Telegram. There is no phone support.

FAQ

Can I trade options on Bitcoin?

Options are financial derivatives based on different assets. The underlying asset can be stocks, commodities, bonds, fiat currencies, or cryptocurrencies. The most popular cryptocurrencies are Bitcoin and Ether. You can easily find options trading platforms for both of these e-currencies.

Where can I trade crypto options?

Exchanges that support options trading are what you need. Our reviews cover the largest Bitcoin options exchange websites. Many of them allow you to trade options on other cryptocurrencies as well.

Are Bitcoin trading platforms safe?

Safety is the most important thing you should verify before creating an account and depositing funds at any finance site. Make sure that the exchange you choose is licensed and regulated by a government oversight body. And check to ensure that the company behind the exchanges uses cold storage, antivirus protection, encrypted communication and storage, and other security measures.

If you aren’t convinced that a certain exchange is safe and trustworthy, don’t use it.

Where can I buy Bitcoin options?

Options are traded on regulated exchange platforms. If you want to find the best Bitcoin option trading platform, read our reviews and see which platform suits you best.