5 Best Trading Strategies You Can Use to Trade Options on Bybit
Although cryptocurrencies are a niche in the finance realm, the crypto industry has made great strides in recent years. From IPO-esque Launchpad and Launchpool projects to structured products like Bybit’s Shark Fin, plenty of TradFi elements are being adopted for crypto investors and speculators to generate extra yield.
The latest innovation in this space is crypto derivatives. By employing crypto derivatives trading strategies, smart investors can stand to earn a tidy profit. Curious about finding out more? Scroll on as we cover everything you need to know about trading strategies for crypto derivatives.
What Is Crypto Derivatives Trading?
Before diving into specific strategies, it’s important to first understand the tools available in your arsenal. On Bybit, you’ll be able to trade all kinds of crypto derivatives. These range from Perpetual and Futures contracts that use stablecoins like USDT and USDC as collateral, to inverse Perpetual and Futures contracts that use the coin or token itself as collateral. For advanced strategies, you can trade crypto options as they offer more opportunities for hedging and enhanced gains.