Yesterday the cryptocurrency exchange, OKEx, announced the launch of Ether (ETH) options contracts on its trading platform.
According to the announcement, OKEx will also launch EOS options contracts in two weeks time.
The options allows crypto traders to buy or sell the underlying assets to hedge risk and maximize profits.
OKEx is since last month the top Bitcoin futures exchange and now growing with the options launched.
A bit of warning is to never trade financial products if you dont fully understand how they work. So if you are interested in trading these types and need to research here is some reading about futures and options.
Get about 10$ worth of EOS for free: https://coinbase.com/earn/eos/invite/3w5t7vhp
Recommended reading:
https://cointelegraph.com/news/okex-undergoes-maintenance-becomes-top-btc-futures-exchange
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And a big thanks for any likes and tips.
// Rickard
