Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, as well as futures, options and perpetual contracts.

Macro headwinds are impacting the crypto market, with a sell-off that began over the weekend deepening this week. BTC, ETH and most altcoins are declining alongside equities, gold and treasury yields, though derivatives markets are showing little bearish sentiment or increased volatility expectations. Among perpetuals, there are record consistent positive rates across most markets, indicating a reset in positioning. Meanwhile, ETH retains a volatility premium over BTC, but its term structure hasn’t inverted as sharply as in earlier sell-offs this month.

Please check out the report’s highlights.

Funding Rates Largely Positive Amid Sell-Off

Despite risk-off sentiment across asset classes this weekend and early this past week, USDT-denominated perpetual contracts have shown their most consistently positive funding rates within the past month. While these rates haven't reached the bullish levels of early December 2024, most have returned to a neutral level of 0.01%, signaling a reset in positioning due to recent market movements.

Tuesday's intensified risk-off sell-off led to a significant spike in BTC put trade volume as traders hedged against further declines. Unlike ETH, which leans bullish on calls, BTC's open interest is balanced between upside and downside protection. The volatility term structure is flat again, typical during sharp market moves, but this reflects a decline in longer-dated options, rather than a rise in short-term expectations.

As the sell-off in risk-on assets deepened this past week, ETH outperformed BTC. ETH derivatives markets are showing stronger sentiment, with higher call trade volumes indicating greater demand for upside positioning as compared to puts. However, ETH's volatility term structure has inverted more sharply than BTC's, as seen in previous significant market moves since last November (2024), with front-end volatility levels 15 points above those of BTC options with a similar tenor.

Advanced

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Feb 26, 2025): Reset in Sentiment Brewing as Fund Rates Turn Positive

Explore four essential tips to help you accumulate more points, optimize your strategy and claim the best rewards in EcoGalaxy: Mantle Surge.

With the rise of gamified crypto events, EcoGalaxy: Mantle Surge stands out as one of the most exciting opportunities for users to earn rewards while engaging with both Bybit and Mantle Network. This limited-time event offers participants a shot at a 1,000,000 MNT prize pool when they complete on-chain and trading-related tasks. 

To help you maximize your rewards and ensure you get the most out of this event, in this guide we’ll break down four essential tips to help you accumulate more points, optimize your strategy and claim the best rewards in EcoGalaxy: Mantle Surge.

EcoGalaxy: Mantle Surge is a limited-time campaign that rewards participants with a share of a 1,000,000 MNT prize pool when they complete both Bybit and on-chain tasks. Players earn "wishes" that can be used to enter Lucky Draws or climb the leaderboard for greater rewards.

This campaign, hosted by Bybit in collaboration with Mantle, blends gamification with 

 engagement, offering users multiple ways to win. Participants can choose to rely on chance via the Lucky Draw or strategically allocate their wishes to compete on the leaderboard. The event runs from Mar 6, 2025 to Mar 27, 2025, making it a limited-time opportunity to accumulate rewards while exploring the Mantle ecosystem.

4 Tips to Maximize Your Wishes and Rewards in EcoGalaxy: Mantle Surge

To make the most out of EcoGalaxy: Mantle Surge, you need to strategize your wish allocation, complete as many tasks as possible and take advantage of all available earning mechanisms. Here are four essential tips to maximize your rewards:

One of the best ways to earn high-value rewards in EcoGalaxy: Mantle Surge is by competing on the leaderboard. There are a total of five rounds, and the rewards are higher with each passing round. 

The more wishes you allocate toward leaderboard rankings, the higher your position and the larger your rewards. However, since the leaderboard is dynamic, your rank can change based on the activity of other participants.

Since leaderboard positions fluctuate, it’s recommended that you monitor your ranking regularly and adjust your strategy accordingly. Players who accumulate the most wishes by the end of each leaderboard round will receive the greatest rewards.

 that each round’s rewards and wishes are calculated independently, and any wishes spent in a round won’t carry over to the next round.

If you prefer an element of surprise, the Lucky Draw is your best bet. By spending wishes on Lucky Draw attempts, you earn the chance to win instant prizes. The Lucky Draw operates on a first-come, first-served basis, so the earlier you participate, the better your chances of securing top-tier rewards.

Since rewards are limited, it's advisable to use your wishes early before the top prizes run out.

An easy way to earn free points in this campaign is by holding Mantle (MNT) and/or Mantle Restaked ETH (cmETH) in your Bybit account. By simply keeping these assets in your wallet, you’ll receive additional wishes, increasing your chances of winning more rewards.

This passive method of earning wishes ensures that you accumulate extra points without actively completing tasks, making it one of the simplest ways to boost your rewards.

Another hidden gem for doubling your rewards in EcoGalaxy: Mantle Surge is through Layer 3. Participants who complete specific Layer 3 quests will receive extra bonuses, including double rewards on certain tasks.

By leveraging Layer 3 bonuses, you can significantly boost your total wish count, increasing your chances of securing leaderboard positions or hitting big wins in the Lucky Draw.

If you’re looking for a fun and rewarding way to engage with the Mantle ecosystem, EcoGalaxy: Mantle Surge is definitely an event worth joining. With 1,000,000 MNT up for grabs, both casual users and seasoned traders can benefit from this campaign.

The event's dual-reward system allows participants to tailor their strategy based on their preferences. Whether you enjoy the thrill of luck-based rewards or prefer the competitive edge of leaderboard climbing, this campaign offers something for everyone.

Additionally, holding MNT and cmETH provides passive earnings, while Layer 3 integration presents an opportunity for double rewards — making the experience even more lucrative for active participants.

EcoGalaxy: Mantle Surge is a limited-time, gamified rewards campaign that blends trading, staking and on-chain interactions. By completing tasks, holding Mantle assets and strategically using your wishes, you can maximize your rewards and secure your share of the 1,000,000 MNT prize pool.

This event runs from Mar 6, 2025 to 27, 2025, so now is the best time to get started. Are you ready to explore the Mantle ecosystem and claim your rewards? Join EcoGalaxy: Mantle Surge today!

Beginner

how to participate in ecogalaxy mantle surge

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Join Bybit’s AI-DOL SUPERSTAR Trading Battle, vote for top AI projects and compete for a share of a $1M prize pool. Earn rewards while shaping the future of AI in crypto.

The Bybit AI-DOL SUPERSTAR Trading Battle is an exciting and innovative trading and voting event that aims to identify and support high-potential AI projects within the cryptocurrency space.

As artificial intelligence (AI) continues to revolutionize blockchain technology, this competition offers users a unique opportunity to engage with emerging AI-driven crypto projects while earning substantial rewards of up to $1 million.

 (AI) and cryptocurrency is reshaping blockchain and 

 — autonomous programs powered by machine learning — are revolutionizing the sector by automating trading strategies, optimizing portfolio management and executing on-chain decisions with minimal human input.

These intelligent agents analyze vast datasets, identify market trends and execute trades in real time, significantly enhancing efficiency and reducing risks in the volatile crypto market. Their role extends beyond trading, influencing DeFi protocols, NFT markets and blockchain governance.

Bybit is at the forefront of this AI-driven transformation, launching the 

 to spotlight high-potential AI projects. This event provides a launchpad for groundbreaking AI applications, connecting innovators with a global crypto audience.

What Is the Bybit AI-DOL SUPERSTAR Trading Battle?

Bybit is launching a unique AI trading event designed to highlight the most promising AI-driven crypto projects.

AI is revolutionizing crypto markets, with automated trading bots now executing over 60% of all crypto transactions. The integration of AI and blockchain is unlocking new trading strategies, DeFi innovations and web3 applications, making the AI sector one of the most promising in crypto.

Bybit’s AI-DOL SUPERSTAR Trading Battle bridges AI and blockchain, providing a global stage for emerging projects to gain exposure to a global audience. Participants play an active role in shaping the future of AI in crypto while earning rewards.

How to Participate in the AI-DOL SUPERSTAR Trading Battle

Campaign Period: Feb 28, 2025, 10AM UTC – Mar 27, 2025, 10AM UTC

Bybit users can support AI projects and earn rewards by participating in this AI-powered trading competition. Here's a step-by-step guide to joining:

Projects earn voting points from the following ways:

By actively trading and voting, participants not only have a chance to earn from the $1 million prize pool, but will also play a crucial role in shaping the future of AI in the crypto industry.

Bybit's AI-DOL SUPERSTAR Trading Battle offers an exciting $1 million prize pool, with multiple ways for participants to win rewards.

The breakdown of how votes are allocated for Bybit Spot is as follows:

The breakdown of how votes are allocated for Bybit Web3 is as follows:

The maximum number of daily votes that a user can receive is 100,400 (50,200 for Bybit Spot and Web3 respectively).

By trading, voting and engaging in the competition, participants not only support innovative AI projects but also receive a chance to maximize their earnings in this high-stakes trading battle.

Bybit's AI-DOL SUPERSTAR Trading Battle offers a distinctive platform that connects cryptocurrency traders with AI innovators. Participants are invited to support leading AI projects, earn attractive rewards and contribute to shaping the future of AI within the crypto ecosystem. 

 and be part of the AI-driven revolution on Bybit!

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How to Participate in Bybit’s AI-DOL SUPERSTAR Trading Battle

TrendX is a web3 platform that hopes to provide crypto investors with one-click trading and investment solutions. Learn more here.

While cryptocurrency markets offer many fantastic investment opportunities, it can be hard to find the right option to invest in. TrendX hopes to make things much easier for investors. This project plans on using artificial intelligence (AI) analytics to find cryptos with a high chance of profitability. Here are some things to know before you start working with TrendX.

 platform that hopes to provide crypto investors with one-click trading and investment solutions. It uses AI and data processing analytics to assess and highlight promising investment opportunities. The TrendX platform also includes a variety of borrowing, lending and trading services.

TrendX began in 2022 as veDAO, a community-led system whose main focus was funding web3 projects through decentralized investing. Users could pool funds and vote to provide these funds to promising startups and cryptos. Over time, the evolving technology of the system became particularly adept at locating exciting investment opportunities. 

. This new name is meant to highlight the trend-tracking capabilities of the system, and to showcase the individual investment opportunities available through TrendX. The rebrand also coincided with the release of a native cryptocurrency for the TrendX system. 

TrendX believes it can remove some of the guesswork from investing while still providing users with new and exciting opportunities. The platform hopes to make investors' efforts easier and more profitable by using technology to highlight promising projects. 

TrendX's other primary goal is to decentralize and diversify the field of AI investing. Most AI crypto investment projects tend to be centralized systems, in which one company controls all the processing and lending power. TrendX's distributed computing makes the entire process more accessible. The company hopes it can put power in the hands of everyday users, so one centralized system isn’t dictating what people are purchasing.

Underneath the software that provides a simple and intuitive interface for its website, TrendX relies on a proprietary distributed computing network called 

. With Owlbot, every computer or phone that runs TrendX becomes a source of computational power. Users agree to lend their idle processing bandwidth to TrendX, and the community’s collective power is used to propel an AI system that collects investing data from an international pool of markets, processes the data and makes investment recommendations. 

 stores and protects each sensitive user connection and data collection point, so users can be confident that working with TrendX won’t leave them vulnerable to hackers or scams. Furthermore, the website uses some standard software tools, such as “verification successful” waiting and 

, to help its interface run as smoothly and securely as possible.

TrendX's shared computing connections and AI processing can be used for all sorts of 

 (DeFi) services. Following are the key features that the ecosystem offers.

Web3AI is TrendX's main trend-tracking system. It checks up repeatedly on tens of thousands of projects and crypto influencers, and looks at daily sentiment, social media activity and pricing trends to find the most promising projects to invest in. After performing due diligence, the system provides helpful metrics on various parameters, such as public opinion, number of fans and venture capitalist funding.

The KOL Square feature tracks key opinion leaders within the web3 space. By monitoring sentiment from major thought leaders, it allows users to see which cryptos are gaining in popularity. The feature includes helpful operational efficiency filters that let you select specific tags and projects for more details. 

For those who want to improve their cash flow without spending a lot of time tinkering with tools, TrendX offers Alpha Square, a service that starts with the same analytics as other features but then creates refined market strategies. These strategies are carefully market-tested before being offered to users. So far, they’ve been proven to provide 

Smart Money is a security-prioritizing version of trend tracking. It uses safety checks to help protect users from 

. The Smart Money system also closely analyzes parameters such as the number of wallets holding specific amounts of project tokens, so users can receive early warning when trends begin to shift. 

Web3 Project Search is all about exploring projects based on your connection with them. This investment research tool encourages users to filter and sort based on details such as sentiment indicators, project type and associations with specific influencers. The Project Search tool tracks over 22,000 different projects, making it easy to find an option that suits your unique parameters. 

This VIP service offers additional features to users who are willing to pay for extended access to the platform's AI services. Users who hold and stake TTA (more on this native token below) receive more real-time tracking, and wait shorter times for “verification successful.” Users with even greater privileges also get personalized recommendations and more access to project details. 

This built-in blockchain technology makes it easier to safely handle transactions and data for people within the TrendX ecosystem. It stores information for AI modeling training, and the decentralized system also ensures security for private user details, such as Ray ID.

In the few years since its founding, TrendX has developed many exciting technologies and attracted a robust community. Its recent rebrand and token launch have also helped its platform to grow and improve its cash flow. The next project that TrendX hopes to tackle is that of extending its technology to include additional features, such as improved security and enhanced trading features. 

, TrendX will be releasing a high-speed aggregated DEX with which users can buy and sell crypto. It also plans on exploring ways to take advantage of 

 and improved memory storage. By the fall of 2025, TrendX hopes to have an 

 fully tailored to offer individualized web3 investment advice. 

TrendX's cryptocurrency is more than just a simple investment opportunity released to attract funding. Instead, it features a complex 

 that’s deeply integrated into the platform's everyday functioning. 

Here's what you need to know about the TrendX dual token system.

. It’s used to manage application programming interfaces (APIs) and ad spaces, and to process fees. Users pay in TTA to cover transaction fees when swapping tokens, and when subscribing to premier investment strategies.

XTTA is the computing power token on the TrendX platform. When people provide their computing power to TrendX, they receive XTTA as a reward. XTTA can be mined through the Owlbot computing power system, or purchased directly to upgrade a user's chosen part of the Owlbot AI processing system without requiring them to give up computer processing power. 

As it launches its dual token system in 2025, TrendX is working hard to reward its community and promote its tokens. 

 have rewarded users for participating in the DAO to get more tokens. Now, in 2025, the main TrendX airdrop is about giving individual users tokens in exchange for social media activity, with 

 for it. Users can increase their portion of TTA by following TrendX on X or reposting TrendX posts. 

 and connecting your wallet to the airdrop. 

As the main token for paying fees on the TrendX network, TTA is an essential part of running the entire TrendX system. With a total supply of 1 billion tokens, it’s built on the Ethereum 

 scaling system, Basechain. These tokens are distributed according to the following schedule:

Though TTA tokens are just starting to hit pre-market listings, there’s already quite a bit of interest in them. Some predictions for TTA prices have focused on XTTA’s price. However, keep in mind that while XTTA is selling for $0.25, it does have a much 

 than TTA. Taking into account the fact that XTTA has about half the tokens that TTA does, it's possible that TTA may debut at around $0.10. 

Another useful metric to look at when considering TTA’s price is the crypto market as a whole. Usually, pricing patterns for new coins start with a brief jump, and prices then start to stabilize according to current market trends. Many crypto investors 

, with some quick increases in prices for summer 2025. If this occurs, TTA prices may look quite promising.

The TTA token is an intriguing option for investors. There’s been a lot of interest in the TrendX system, and so far, the company has been doing its due diligence to support and market the TTA token. This backing by a reputable company indicates that its token could perform well in open markets.

However, TrendX's dual token system could lead to some confusion. It's possible investors might only rally behind one coin, or that TTA and XTTA token prices could be tied a little too closely together. Therefore, investors need to retain some caution when working with this new token launch. Remember to account for market volatility, and don’t invest money you can’t afford to lose in TTA or any other crypto.

While TrendX began as a simple investing DAO, over time its impressive technology has helped it win over a larger audience. People looking for high levels of security, profitability and convenience may find that TrendX works well for their investment needs. 

Even if you aren't interested in AI and operational efficiency, check out TrendX's TTA and XTTA tokens. As the project expands, its cryptocurrencies may offer some exciting price growth.

Intermediate

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TrendX (TTA): Identifying Investment Opportunities With AI-Powered Analytics

Bybit Learn

Options

Options are a great way to hedge your crypto portfolio so you profit regardless of market volatility. From Bybit to L

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Choosing the best crypto options exchange is a lot harder than it sounds. With new platforms being founded every day, the choices can be a bit overwhelming. Whether you’re a new or advanced trader, use this guide to learn where to trade crypto options, and explore some of the best crypto options exchanges available.

What Is a Crypto Options Trading Platform?

A crypto options trading platform enables users to buy or sell crypto options contracts. Crypto options trading platforms give traders the ability to buy and sell call and put contracts that offer cryptocurrencies as the underlying asset. Much like their traditional finance counterpart, crypto options from these trading platforms are popularly used as hedging and leveraging instruments.

How to Choose the Best Crypto Options Trading Platform

Crypto options trading is a popular investment method that involves buying and selling contracts. Each contract grants the holder the right to buy or sell an asset at a specific price on a specific day. While there are multiple crypto trading strategies that involve options, many traders make multiple transactions per day. Choosing the right platform for crypto options trading is critical to saving money and properly executing your trades.

The best crypto options trading platforms will start by having you create an account on their website or app. To start trading, you’ll need to deposit funds. While each platform is different, most crypto options trading platforms will require a deposit in U.S. dollars. Once your funds are cleared, you’ll be able to browse available contracts for cryptocurrencies such as Bitcoin (BTC) or Ether (ETH). Each crypto options trading platform will have a slightly different buying and selling process.

When selecting the best crypto options exchange, there are several factors to consider.

While most crypto options trading platforms will offer Bitcoin, there are several Tier 1 and 2 assets that can be traded and leveraged. Some of the best crypto options trading platforms offer over 100 different altcoin contracts. Carefully examine the options offered by each platform, especially if you’re hoping to become more involved with new altcoins as they’re released.

You’ll always want to use a crypto options trading platform with high liquidity and a variety of option contracts available.

Exchange fees can make or break a trading strategy. While some platforms offer free trades, some of the best crypto options trading platforms use a tiered exchange fee structure. If you’re planning on making several trades per day, you’ll need to compare the fees of multiple platforms. Remember, while fee percentages may seem low, they’ll add up over time! The best crypto options exchanges won't break your bank.

One of the first things people consider when deciding where to trade crypto options is reputation. While some of the best crypto options trading platforms have been around for years, there are several newer exchanges with stellar reputations.

Reputation means much more than quality of customer care and ease of use. It’s also about mitigating risks. In addition to reading user reviews of each of the best crypto options trading platforms, you’ll need to analyze each exchange's structure. Depending on the structure of the crypto options exchange, there could be an increased risk of bankruptcy.

Another big deciding factor in where to trade crypto options are the payment methods the exchange accepts. Several of the best crypto options trading platforms only use cryptocurrency to complete transactions, which could be problematic for some traders. Other traders may find strictly using Bitcoin or Ether to be a huge time-saver. Some crypto options trading platforms, such as Bybit, complete transactions using USDC to help reduce price fluctuations.

Each of the best crypto options platforms will also have slightly different deposit and withdrawal methods. Some platforms also limit the number of withdrawals you can make each day, or the times at which you can make them.

Safety is critical for both online traders and platforms, but you may want to avoid verification (depending on your strategy). When deciding where to trade crypto options, carefully read the verification and security requirements of the exchange. Some of the best crypto options trading platforms will verify your identity using government-issued IDs, rather than 

Customer support also plays a critical role in choosing the best crypto options trading platform. Even if you’re an advanced trader who doesn’t anticipate needing assistance, you’ll have greater peace of mind if you choose a platform with a reputation for providing superlative customer care.

Keep in mind that some exchanges offer different types of support. A reputable platform will provide polite and attentive support. The best crypto options trading platforms will offer 24-hour customer care by email, live chat or phone. Other platforms may have active communities and forums to help you answer more advanced trading questions. These can be a great supplement for exchanges that don't offer 24-hour customer service.

The more you develop your trading strategy, the more tools you’ll use. Select an adaptable crypto options platform with plenty of features and easy software integration. For example, you can access Bybit data on 

 to trade cryptocurrency derivatives contracts. The best crypto options exchanges will be adaptable, and consistently adding new features.

Which Are the Best Crypto Options Trading Platforms?

After learning more about what to look for in the best crypto options exchanges, you’ll begin to see which ones complement your strategy. There are several convenient and effective crypto options trading platforms available.

When deciding where to trade crypto options, consider signing up for several of the best crypto options trading platforms. This will allow you to see firsthand what each one has to offer. Here are a few of the best crypto options exchanges for hedging strategies.

Bybit offers a wide range of trading solutions and features, making it among the best crypto options exchanges available. In addition to offering options and futures trading, the platform offers grid bot trading, spot trading, margin trading and early access to new tokens. Bybit also supports several coins for derivatives, including Bitcoin, Ethereum, Ripple and EOS. The options Bybit offers are all collateralized using USDC to avoid extreme price fluctuation. If you have any questions about their easy-to-use platform, you can contact multilingual customer support using live chat or email.

While Bybit is one of the fastest growing crypto options trading platforms, there are currently a few geographical restrictions, which exclude trading in countries such as Australia, Denmark, Finland, the United Kingdom and the United States.

Based in Singapore, Delta Exchange is among the best crypto options trading platforms because it offers several different derivatives, including Bitcoin, Ether, Dogecoin, Cardano ADA and several other altcoins. Each asset can be traded with up to 100X leverage, creating adaptability to a lot of different trading strategies. While this platform tends to have smaller liquidity, it features the largest available variety of options contracts, with low fees. All margins and trades are completed in Bitcoin or Ether.

As with Bybit, there are several geographical restrictions on the platform. It cannot be used by residents of the U.S., Afghanistan, Canada, Cambodia, Crimea, Cuba, Iran, North Korea, Syria or Pakistan. Despite the long list of geographical restrictions, Delta Exchange is very accessible and easy-to-use worldwide.

Deribit is known for having large trade volumes for Bitcoin and Ether, making it a good choice for institutional investors wondering where to trade crypto options. Because several strike prices and expiration dates are available, investors can create tight spreads and easily find contracts that match their trading strategies.

Deribit is based in Amsterdam, so crypto options are handled a bit differently than in the U.S.. European-style options are only executed on the expiration date and are always settled in cash, rather than the underlying asset. While Deribit offers traders several advanced features and excellent customer support, it does have much higher fees than Bybit and some other platforms.

FTX US Derivatives, previously known as LedgerX, is a Hong Kong-based exchange offering European-style Bitcoin options. As one of the largest and best crypto options trading platforms, with $4 billion in daily turnover, FTX supports a wide range of assets for derivatives, including Bitcoin, Ether, Binance Coin, SOL and several other altcoins. Traders can buy and sell contracts with fairly low fees and up to 20x leverage. Additionally, KYC verification is required in order to use the platform.

While FTX can be used worldwide, it isn’t open to Antigua, Barbuda, Cuba, Iran, North Korea, Syria or United States residents.

Binance is the largest cryptocurrency trading platform and is accessible to most countries. The platform offers the widest range of crypto assets, and has the highest asset liquidity, making it a great starting point for anyone wanting to know where to trade crypto options.

What makes Binance one of the best crypto options trading platforms is its features. In addition to offering trading for over 150 cryptocurrencies, the platform also has spot and futures trading for several Tier 1 cryptocurrencies. Options traders can trade using up to 125x leverage and make withdrawals in under 30 minutes, making the platform a practical choice.

Binance is one of the easiest platforms to use, and doesn’t have the same geographic restrictions as other platforms. While there are an overwhelming number of features and exchange interfaces, the trading process is very straightforward.

OKX is another cryptocurrency trading exchange that doesn’t have strict geographical and verification requirements. It’s one of the best crypto options trading platforms because traders can begin using it immediately. OKX users can exchange hundreds of different assets, and there are several coins supported for derivatives, including Bitcoin, Ether and Litecoin. All transactions are completed using tokens. Users can only make withdrawals in cryptocurrency.

In addition to offering up to 100x leveraged options trading, OKX offers a flexible savings account, staking and low fees per transaction. This makes it among the best crypto options exchanges for both new and advanced traders.

Unlike other crypto options trading platforms on this list, Quedex stands out because it made the conscious decision to store all of its BTC in offline vaults. On top of being the world’s first Bitcoin-only futures and options exchange, Quedex also managed to secure its license as a regulated futures and options exchange by the Gibraltar Financial Service Commission.

With margin trading of up to 10x on BTC options and an active risk management system that prevent negative balances on your account, Quedex spares no expense in ensuring a smooth and risk-managed trading experience for anyone who signs up. While other best crypto options trading platforms might dabble with altcoins to provide more choice for speculative options traders, it’s ultimately this simplicity that makes traders flock in droves to Quedex. 

Bit.com is a more advanced platform, especially when compared to IQ Options. The platform offers several features aimed at helping investors with all skill levels. The Unified Margin (UM) system helps to minimize risks and use all portfolio assets as collateral for trades. You’ll be able to complete crypto options, futures, margin, spot and perpetual trades from a single account. Not only is this convenient and cost-effective, but it can also be a huge time-saver if you’re developing a complex trading strategy.

While Bit.com has more of a learning curve, it’s one of the best crypto options trading platforms because it offers all the features professional traders seek. Fees are also reasonable, with Taker fees starting at 0.0300% and Maker fees starting at 0.0200%. If you’re an advanced trader wondering where to trade crypto options, Bit.com could be a good starting point.

After deciding where to trade crypto options, you can benefit from reading more about the trading process in order to avoid making mistakes.

Bybit is one of the best crypto options trading platforms because of its simplicity. After you create your Bybit account and deposit funds, you’ll be able to buy and sell options. On the web platform, click on the word 

 in the navigation bar. You can then select from a few different derivatives using the drop-down menu.

. The default trading page will display Bitcoin values in USD, but you can easily switch to ETH, EOS or XRP. Then, explore the available contracts and select one you’d like to trade. In the Order Zone, you’ll need to select from Cross or Isolated margin mode, as well as your desired leverage. You can then set a buy or sell limit, or select 

. Enter the amount you’d like to trade and select either 

, be sure to go over every detail in your order carefully. It cannot be undone once you hit 

. The process to complete a trade on Bybit’s mobile app is very similar. If you have any questions about how to complete a transaction, 24-hour multilingual customer support is available.

Interested in getting started with Bybit’s USDC collateralized options? From SOL to 

, sign up with us today to begin your crypto options trading journey.

When it comes to finding the best crypto options exchange for you, there are several factors to consider as mentioned above. While some traders may like the simplicity of a platform like Bybit, others may benefit from the institution-friendly nature of Deribit or enjoy the familiar features and high asset liquidity of Binance. 

Ultimately, if you’re wondering where to trade crypto options, try using multiple platforms from this list to identify which one will be the most time-efficient and cost-effective for your trading strategy. We hope our list of best crypto options trading platforms has provided you with the knowledge necessary so you can pick the one that best fits your needs. Need a way to remember all the facts in our handy best crypto options trading platforms guide? Refer to our infographic below.

9 Best Crypto Options Trading Platforms For Hedging Strategies

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards