Bybit Arbitrage is a trading tool that simplifies arbitrage trading by capitalizing on funding rate and price differences.

If you're seeking consistent returns with minimal risk, Bybit Arbitrage is the perfect ally.

 This robust tool empowers you to generate regular profits with minimal risks by capitalizing on price disparities across different markets. Its user-friendly interface lets you easily spot and exploit these differences, so that you can execute flawless arbitrage trading in the crypto market with confidence. Read on to learn how Bybit Arbitrage makes arbitrage trading an effortless way for you to achieve low-risk gains.

 is the buying and selling of the same or similar asset(s) at the same time across different markets to earn from slight price deviations. This act of purchasing an asset at a fixed price — while simultaneously selling it at a higher price — allows a trader to instantly make profits without any risks. 

While arbitrage trading has long been a staple in traditional financial markets, such as stock and forex, the advent of crypto trading has propelled arbitrage trading to new heights — thanks to the heightened volatility of the crypto market. Additionally, unlike traditional stock markets, crypto markets are traded 24/7, offering more opportunities for arbitrage traders to reap profits from the price gaps across exchanges and markets. 

 across exchanges or within a single exchange. Keep in mind that if you opt to arbitrage trade across different platforms, accessing your profits may prove to be complex, due to the need to transfer your assets between the exchanges, which can take up to several days to complete. On the other hand, arbitrage trading on a single platform is more straightforward — but more competitive as well.

There are multiple arbitrage trading strategies, but the most common ones in the crypto market include funding rates arbitrage, spot-futures arbitrage and futures arbitrage. 

Funding rates arbitrage allows traders to profit from variations in funding rates between 

 contracts. In contrast, spot-futures arbitrage enables traders to profit from price disparities between the spot and 

 for the same asset. Meanwhile, futures arbitrage involves profiting from price discrepancies between futures contracts with different expiration dates.

Bybit Arbitrage is a trading tool that helps traders identify arbitrage trading opportunities in two ways: funding rate and spread. 

The user-friendly interface organizes trading pairs based on either funding rates or spreads in different markets, so that traders can easily spot disparities in funding rate or price across the markets at a glance. 

Bybit Arbitrage is exclusively available to 

 mode. It facilitates arbitrage trading for USDT Perpetual, USDC Perpetual and USDC Futures contracts, thereby allowing you to enjoy arbitrage trading opportunities between USDT 

Spot pairs and USDT Perpetual pairs, or USDC Spot pairs and USDC Perpetual/Futures pairs. 

The Funding Rate Arbitrage feature exploits differences in funding rates between the Spot and Perpetual/Futures markets on the Bybit exchange. With the Funding Rate feature, traders can earn funding fees while simultaneously managing their positions in order to minimize potential losses and maximize gains through positive and negative arbitrage strategies.

Funding rates for the different trading pairs are listed in descending order. This helps traders to easily leverage the interest rate differential between Spot and Perpetual/Futures contracts.

The Funding Rate feature also allows you to 

 orders (with the same amount, but in different directions) in both Spot and Perpetual/Futures, which enables you to earn funding fees while mitigating potential losses (with potential gains).

holders in Futures/Perpetual contracts pay short position holders. You can leverage this situation by executing a positive arbitrage, which involves

 buying a Spot pair and taking a short position in 

Perpetual to earn steady funding fees. Alternatively, if the funding fee is negative, short position holders pay long position holders. In this case, you would perform a negative arbitrage by shorting a Spot pair and going long in a 

The Spread Arbitrage feature helps traders capitalize on price discrepancies between different markets for the same cryptocurrency asset. With this feature, you can easily compare the market prices of an asset traded across various trading pairs and contracts. While Spread Arbitrage may be similar to spot-futures arbitrage, it offers more arbitrage opportunities since it covers a broader range of markets, unlike spot-futures arbitrage, which targets specific markets

With Spread Arbitrage, the aim is to profit from the eventual price convergence as you buy the crypto asset at a lower price in one market (e.g., Spot) and sell it at a higher price in another market (e.g., Futures). 

As the futures price will eventually align with the Spot price when the contract expires, you’ll be able to take advantage of the simultaneous price disparity for the same asset.

In order to trade with Bybit Arbitrage, you’ll first need to 

. Currently, Bybit Arbitrage is exclusively accessible via the 

 for the web version, which will be launched soon!

Bybit Arbitrage offers multiple advantages.

Bybit Arbitrage is a powerful tool for traders seeking low-risk gains in the volatile crypto market. With its intuitive interface and exclusive features, traders can effectively leverage funding rate and price differences to maximize profits while minimizing risks. Bybit Arbitrage offers diverse benefits that make arbitrage trading more accessible and profitable than ever before.

Beginner

Bybit_funding_fee_arbitrage.png

How to Use Bybit Arbitrage to Achieve Funding Rate and Price Difference Arbitrage

An Ethereum Spot ETF is an exchange-traded fund that tracks the real-time price of Ether and allows investment through traditional stock markets. Learn more.

Earlier this year, the U.S. Securities and Exchange Commission (SEC) gave the green light to a number of Bitcoin Spot exchange-traded funds (

), sparking optimism that similar approval might be extended to Ethereum Spot ETFs. Adding to the excitement, news of Ethereum Spot ETF approval in Asia’s first region has heightened anticipation for a potential approval and launch in the U.S. However, despite the buzz, some industry observers remain skeptical. This article explores the potential impact of Ethereum Spot ETF approval on the broader crypto market.

An Ethereum Spot ETF is an exchange-traded fund that tracks the real-time price of 

 and allows investment through traditional stock markets. It offers investors a way to invest in Ether without having to actually buy or hold the asset itself.

An Ethereum Spot ETF operates by pooling investor funds to purchase Ether, which is held in reserves by the ETF.

Rather than navigating the complexities of 

 and exchanges, investors buy shares of the ETF through regular brokerage accounts, just as they would with traditional stocks. These shares represent a stake in the Ether held by the ETF, providing a simple and regulated way to own Ethereum indirectly.

In order to create ETF shares, authorized participants — usually financial institutions — purchase Ether in exchange for ETF shares of equal value, which are then sold onto the market. An authorized participant can also redeem shares by buying enough ETF shares and exchanging them for Spot Ether and taking those shares away from the market.

As a result, the price of ETF shares tends to fluctuate in line with Ethereum's Spot market price. If it didn’t, there would be an 

 opportunity to profit from any mispricings in the ETF price. However, it’s still theoretically possible for the ETF to trade at different prices simply because of supply-and-demand factors.

ETFs as securities are regulated by the SEC, so an Ethereum Spot ETF provides a regulated product that investors can purchase. By contrast, Spot Ether is being investigated by the SEC to determine whether it should be classified as a security, and currently lacks regulatory clarity. 

This setup offers numerous benefits for investors. It simplifies the investment process, allowing anyone with a brokerage account to invest in Ethereum without setting up a crypto exchange account or managing storage. This can save time and give some investors greater peace of mind. An ETF structure also provides the regulatory clarity that institutional investors need, which can enhance liquidity and trading volumes.

Security is paramount in the realm of cryptocurrency, and the ETF provider takes it seriously. To safeguard Ether holdings, ETF providers employ a combination of 

 and insured custodial services. As a result, they could potentially minimize the risk of theft or loss that individual crypto investors may encounter.

The Ethereum Spot ETF bridges traditional finance (TradFi) and the exciting (but still growing) cryptocurrency space. It offers the security and ease of trading associated with traditional financial markets while opening up investment opportunities in Ethereum for a broader audience.

Both excitement and regulatory scrutiny characterize the current landscape of Ethereum Spot ETFs. Major financial institutions like 

 and Fidelity have submitted applications for these ETFs to the SEC. Still, decisions have been delayed, with the next 

If applicants begin updating their filings by April, this may indicate they’re incorporating feedback from the regulator, which could be interpreted as a positive sign. However, a lack of updates to filings could indicate that the SEC isn’t maintaining the same level of discussions with issuers that led to its 

Another challenge is that the SEC is still investigating whether Ether should be classified as a security, especially since it transferred its consensus mechanism to 

. Earning rewards through staking could meet criteria that determine whether an asset is a security. Ethereum also provides a foundation for 

 (DeFi), which could add to the complexity of the review. 

Analysts' opinions vary regarding the likelihood of ETH ETF approval. One Bloomberg analyst, for instance, 

 chance of approval by May. However, the SEC's recent silence might hint at a less favorable outcome.

The approval of Ethereum Spot ETFs is eagerly awaited because it could mirror the impact of Bitcoin Spot ETF approval, which led to an influx of capital in the market. It would mark a pivotal milestone, likely to attract increased investment and further validate cryptocurrency. The crypto community is closely monitoring these developments, as the coming months will be crucial in shaping the future of Ethereum investment opportunities.

 was recently given to the first Spot Bitcoin and Ethereum ETFs in one of the Asian regions. This landmark decision positions the city as a trailblazer in the Asian financial landscape, embracing the integration of popular cryptocurrencies into mainstream investment avenues.

This milestone has sparked excitement within the crypto community, indicating a positive reception toward digital assets in that region. Analysts believe this move could set a precedent for other jurisdictions to follow, potentially leading to broader acceptance and recognition of cryptocurrencies as a legitimate asset class.

These newly approved ETFs are expected to attract a wave of fresh investors — both retail and institutional — by offering a regulated and familiar investment option for exposure to cryptocurrencies. This growth of interest could increase stability in the crypto markets, possibly influencing the price movements of Bitcoin and Ethereum in the region.

The timing of this approval is noteworthy, considering that the U.S. could also be on the cusp of approval of an Ethereum Spot ETF. If this proactive approach inspires other financial centers beyond the U.S. to consider similar approvals, it will palpably contribute to the global expansion and maturation of the cryptocurrency market.

Current Impact of Ethereum Spot ETF Applications on the Crypto Market

The buzz surrounding Ethereum Spot ETF applications is noticeably affecting the crypto market, particularly Ethereum's price and overall sentiment. Submission of new ETF applications to the SEC has coincided with an 

, pushing it to around $3,700. This uptick reflects the market's optimism and positive sentiment regarding the potential for easier access to Ethereum. However, the market has exhibited some volatility as well, with Ether dropping over 14% in a week in early April. 

Despite these fluctuations, there's a general expectation that ETF developments would significantly impact Ethereum's price dynamics, similar to what was observed with the recent Bitcoin Spot ETF approvals. Moreover, the recent approval of cryptocurrency ETFs has further fueled optimism and positive expectations for increased investment inflows and a broader recognition of cryptocurrencies.

To sum up, the current impact of Ethereum Spot ETF applications on the crypto market is marked by heightened anticipation along with some volatility. Ethereum's price is responding to changes in the regulatory landscape and the potential for broader adoption of cryptocurrency-based investment products.

What Will It Mean if an Ethereum Spot ETF Application Is Approved?

The approval of an Ethereum Spot ETF application by the SEC would mark a significant milestone for the cryptocurrency market, especially for Ethereum. Following are some of the potential benefits.

Drawing parallels to the earlier Bitcoin Spot ETF approvals, some pundits expect an initial surge in Ethereum's price following the expected announcement, reflecting renewed confidence and interest in Ether as an asset. Over the long term, Ethereum Spot ETFs could contribute to growth and stability, similar to the impact that Bitcoin Spot ETFs have had on BTC’s price.

However, there are key differences to consider. The SEC's cautious stance on Ethereum — notably because of its PoS consensus mechanism — could influence the approval process and subsequent market reactions. In addition, Ethereum's unique ecosystem, including its role in DeFi and 

, could lead to different market responses as compared to those following the Bitcoin Spot ETF approvals.

The potential approval of Ethereum Spot ETFs is a crucial turning point for the crypto market, promising easier access, increased investment and greater legitimacy. Although short-term price fluctuations may occur, the long-term effects could echo the positive growth recently witnessed with Bitcoin Spot ETFs, promoting a more mature investment environment for Ethereum.

Intermediate

APR24_R25_Ethereum_Spot_ETF_Approval_Its_Impact_on_Crypto_Markets.png

Ethereum Spot ETF Approval: Its Impact on Crypto Markets

Grayscale Investments has filed a registration statement on Form S-3 with the SEC to register shares of its Grayscale Ethereum Trust (ETHE) as part of efforts to uplist the trust to a spot Ethereum ETF on the NYSE Arca.

Daily Top Performer — Automata Network (ATA)

The SPX index is up 0.02%, investor focus on earnings and U.S. interest rates continues. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 3.78% and 2.41%, respectively in the past 24 hours.

Today’s outperformer is ATA, which jumped 8.9% after Automata launched Multi-Prover AVS on Eigenlayer Holesky Testnet to boost decentralized security.

Automata Network (ATA), founded in 2019, is a Web3 platform providing private web services for decentralized applications, focusing on secure, anonymous transactions and governance. Key features include a private voting system and MEV minimization to enhance user privacy and security. Automata's Multi-Prover AVS, which utilizes TEE Coprocessors to enhance security, is now available on the Eigenlayer Holesky testnet. This system employs the TEE Prover as a secondary security measure in decentralized systems. Operators, restakers, and developers are encouraged to learn more about this advancement on their website.

Check Out the Latest Prices, Charts, and Data of 

Grayscale Investments, the world's largest crypto asset manager, has filed a registration statement on Form S-3 with the SEC to register shares of its Grayscale Ethereum Trust (ETHE) as part of efforts to uplist the trust to a spot Ethereum ETF on the NYSE Arca. This filing follows NYSE Arca’s application and is a crucial step in the regulatory process required for offering shares continuously upon approval. The shares will not be sold until the registration is declared effective, and this offering is subject to the Securities Act of 1933. Grayscale emphasizes that the trust, not registered under the 1940 Act, involves high risk and volatility, is focused solely on Ethereum, and does not offer direct investment in Ethereum.

BlackRock's spot bitcoin ETF, IBIT, has significantly impacted the firm's overall ETF flows, comprising 24% of its total. Eric Balchunas, Bloomberg's Senior ETF Analyst, highlighted the fund's success during a panel on Hong Kong's newly approved spot crypto ETFs. Since its launch in January, IBIT has attracted consistent inflows for over 70 days, accumulating more than $18 billion in assets under management and becoming one of the most successful ETFs in history. The IBIT fund is second only to Grayscale's ETF in terms of assets but has seen remarkable trading volume along with other spot bitcoin ETFs, totaling nearly $230 billion.

Gamium, supported by Parachain Ventures, DAO Maker, and Mr. Beast among others, has its token $GMM listed on major exchanges with a fully diluted valuation of around $43M. The platform is promoting a beta points airdrop to reward early users, where participants can sign up and earn points through various activities like launching an MST, trading, daily logins, and referrals. Details on point earning and distribution are available in a dedicated blog post. However, potential users are cautioned to research due to the inherent risks associated with DeFi protocols and trading.

Daily_Bits_Title_Subtitle_&_Eyebrow_1600x900_(63).png

Grayscale Files for SEC Registration to Convert Ethereum Trust into a Spot ETF on NYSE Arca

Sharky is a Solana-based lending and borrowing DeFi solution that utilizes NFTs as loan collateral.

Cryptocurrency lending and borrowing has always been a prominent niche of the decentralized finance (

) industry, championed by platforms like Aave (

). A much rarer variant of DeFi borrowing and lending is based on non-fungible tokens (

Sharky.fi, or simply Sharky, is a Solana-based lending and borrowing protocol that uses NFTs as collateral to facilitate the DeFi processes on the network. By putting up NFTs as collateral, users can borrow funds via short-term loans in Solana's native SOL tokens. For lenders, the platform is also a great way to earn high APY rates in just 7 to 14 days, while having their loaned funds protected by the NFTs.

Having established itself as the leader of NFT-based lending and borrowing on Solana, the Sharky project has ambitious plans to integrate two more highly popular crypto asset types — Ordinals and real-world assets (RWAs).

 (SHARK) is a lending and borrowing app on the 

 (SOL) blockchain that lets users provide NFTs as collateral to access short-term loans in SOL tokens.

 Lenders can view NFTs offered as collateral, and make loan offers secured by their preferred NFTs.

Although Sharky's public launch on the Solana mainnet dates back to April 2022, the platform operated without its 

, SHARK, for its first two years in the market. The SHARK token was eventually launched in mid-April 2024.

Using its innovative business concept, Sharky quickly established itself as the leader of NFT lending. According to the project’s team, Sharky has a 90% share of the NFT lending market on Solana and has issued more than 1.4 million NFT loans.

Following the recent launch of its SHARK token, the project aims to integrate additional crypto asset types in the future. These include 

 (RWAs). Another ambitious product type considered for future implementation on the platform is uncollateralized consumer loans.

As a lender on Sharky.fi, you can browse NFTs from a variety of collections offered on the platform and make a loan offer for potential borrowers. The collections available on Sharky include the platform's own 

 collection, Mad Labs, Solana Monkey Business (SMB), Tensorians, Namaste and more. Lenders’ offers are shown to potential borrowers on the platform, who then choose the best offer based on their borrowing needs.

The NFT provided by the borrower is used as collateral, and the lender makes their funds available in SOL tokens. Lenders earn interest on the funds, with the loan duration typically between 7 and 14 days. Interest rates, naturally, will vary depending upon on-platform activity. Usually, 

 for active loans range between 120% and 220%, though they can go up to 360%. As such, Sharky loans are an excellent way for lenders to earn some serious interest quickly. If a borrower fails to repay the loan in full, the NFT used as collateral is transferred to the lender.

For borrowers, the Sharky platform is an excellent opportunity to access SOL funds for short-term needs quickly and flexibly using their NFTs, rather than cryptocurrency, as collateral. The best part of the platform's borrowing mechanism is that you remain in possession of your NFT during the loan period as a borrower. While your NFT is used as collateral, its ownership isn't transferred to the lender while the loan is active. The ownership transfer may only happen at the end of the loan period if you fail to repay the loan in full.

Maintaining the ownership of your NFT allows you to keep using it on various DeFi and other apps for purposes such as staking or satisfying 

 eligibility requirements, among other potential uses.

Sharx is the platform's own NFT collection. One of the most popular collections used in Sharky's lending and borrowing operations, sharx is made up of 10,111 adorable shark characters. Purchasing a sharx NFT not only opens up borrowing opportunities but also entitles you to upgrade or boost your Chowder points, rewards that are used in Sharky's loyalty program. 

As a sharx holder, you're entitled to the airdrop of Sharky.fi’s governance token, SHARK, and you can also stake sharx to earn FISHY tokens.

The newly launched SHARK token is envisioned as the platform's governance asset, with a total supply of 100 million. As of the time of writing in late April 2024, only some specific details on the actual governance processes powered by SHARK are available. Thus, the token's actual use in on-platform governance is expected to be outlined in the future.

SHARK will be airdropped in two phases, with 4.25% set aside for the first phase and 3.5% for the second. Of the former, 70% is allocated to its community, with the remaining 30% is distributed to partner communities. Meanwhile, the second phase is held as a staking pool event with a lockup duration of 30 to 60 days exclusively for OG, new users and sharx holders.

 of Sharky. Unlike the brand-new SHARK token, FISHY was issued back in 2022 at the start of the platform's operations. FISHY can be earned by staking sharx NFTs, accumulating reward points and participating in Sharky's social media campaigns. The token can be used to boost sharx NFTs, which in turn can earn you additional Chowder points. FISHY also gives you access to NFT raffles and auctions held on Sharky.

The SHARK token can be bought on Bybit through a Spot pair with USDT (

). Additionally, you can also take part in Bybit's current campaigns for the token for the chance to grab a share of the 

, which includes a Token Splash event featuring 456,000 SHARK through Apr 30, 2024, 9AM UTC, and a Lucky Draw with 58,000 SHARK in rewards through Apr 30, 2024, 9:59AM UTC.

Lending and borrowing using NFTs as collateral is a novel concept that has earned Sharky leadership positions in this niche. As more platforms adopting this business model emerge, the competition in the field is likely to intensify. However, as of now, Sharky remains the absolute leader of the Solana-based NFT lending and borrowing market. 

As NFTs experience a resurgence in popularity following the post-2021 dip, DeFi solutions that make innovative use of these assets, such as Sharky, stand to benefit. Later in 2024 and beyond, we’ll likely hear more about NFTs being used as legitimate collateral in crypto finance — a new trend helped to no small degree by the Sharky platform.

sharky.fi.png

Sharky.fi (SHARK): The Decentralized Platform for Instant NFT Loans

Bybit Learn

Options

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

ETH_&_SOL_options_CTA.png

best_crypto_options_trading_platform_infographic.png

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