Coin On Options will be launched with BTCUSDT and ETHUSDT quarterly options

According to the official announcement, the BTCUSDT and ETHUSDT quarterly options will be launched at 16:00 on March 16, 2023, with an expiration date of June 30, 2023.

Coin On Options will be launched with BTCUSDT and ETHUSDT quarterly options

Interpretation of this information:

The recent official announcement has sparked excitement among investors as the BTCUSDT and ETHUSDT quarterly options are expected to be launched on March 16, 2023, with an expiration date of June 30, 2023. With this news, users can expect a wider range of trading options, which can serve as a hedge against price volatility.

Options contracts are considered as financial derivatives, which grant investors an option to buy or sell an underlying asset at a specific price and expiration date. In contrast to futures contracts, options provide the buyer the option to execute the contract or not. This flexibility amid price uncertainties makes options highly attractive for traders and investors.

The announcement has a positive impact on the market, as investors are already able to plan ahead for the future by making speculative investments. The crypto market has been highly volatile in recent years, and many investors have lost their investments due to the constant price fluctuations. However, with the introduction of options trading, many traders can leverage this newfound flexibility to mitigate their investment risks while generating profits.

Moreover, it is worth noting that the new options contracts will likely attract more institutional investors to the crypto market. Institutional investors have long been hesitant to invest in cryptocurrencies due to the perceived risks involved. However, with the introduction of options trading, the market will likely become more attractive to these investors, as it provides them with an additional mechanism to manage risk and add more diversity to their portfolios.

In conclusion, the launch of BTCUSDT and ETHUSDT quarterly options in March 2023 will be a game-changer, providing a much-needed boost to the crypto market. This new feature can be beneficial for both retail and institutional investors by enabling them to hedge against price volatility and participate in the highly speculative crypto market.

This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/44454.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.