Skip to main content

Bitoc.pro derivatives battle officially started

On July 24, Bob, CEO of Bitoc.pro, announced to the media that Bitcoin options and anti-option contracts will be launched on August 1, 2021. This option contract is not a spot option, but a futures option contract, which is completely different from the spot options on the market. Bitoc.pro Bitcoin options contracts will be based on mainstream futures contracts and represent an important step in the development of this asset class for institutional investors and their clients.

For Bitoc.pro, the biggest bright spot is the anti-option contract. The anti-option contract is composed of 20 ups and downs. If the prediction is correct, it will lose money, otherwise it will be profitable; and the product has been certified by the US Commodity Futures Trading Commission (CFTC), and Obtained the MSB exchange license, and is also certified and supervised by the Singapore regulatory authority, the Seychelles Financial Services Authority (FSA), FMA (New Zealand Financial Market Authority) and many other institutions. The K-line is kept synchronized with the Huobi China Exchange, achieving dual-exchange data authentication, openness, transparency, and compliance and legality.

Debbie, the strategic executive of Bitoc.pro, said that Bitoc.pro's launch of Bitcoin futures options contracts can be understood as a further improvement and upgrading of the futures market and a performance that promotes market development. Bitoc.pro has successively launched options and anti-options, which is enough to prove one thing, that is, the battle for bitcoin derivatives trading has officially started.

From this point of view, in the process of any financial market becoming mature, there will be no shortage of derivatives. There will be futures when there is spot, and there will inevitably be options when there is futures, and even a wider range of ETFs. It is worth noting that Bitoc.pro exchange officially announced that it will officially launch bitcoin options on August 1. It will be developed by a professional team. Compared with competitors, Bitoc.pro has an advantage in technology research and development. The biggest feature of this product is that regardless of the bull market or the bear market, it has the opportunity to obtain high returns. And without any deposit and handling fees, the risk factor is low.

Bitoc.pro is the world's leading Bitcoin American options exchange, and options such as BAKKT, CME, OKEX, and huobi are European options. What is the difference between them?
First of all, in terms of time period, Bitoc.pro American options have many periods, the shortest 3 minutes to the longest 3 hours, you can choose the period at will. European options can only choose one week or one quarter, which is relatively heavy and unfavorable for investors.

Secondly, it is liquidity. Because Bitoc.pro is an American option, it does not need liquidity. The platform directly acts as an option seller, and all orders are executed in seconds. European options require strong liquidity support or the introduction of market makers, but we have found that European options are super pitted. The price difference between buy and sell is more than 50%, and there is almost zero liquidity.

What does this mean? For example, if an option price is 100 US dollars, you can buy 100 US dollars on options platforms such as huobi, but if you want to sell, you can only sell it at 10 US dollars. That is to say, as long as you buy European options, that moment You are already losing money at the beginning, unless the option direction keeps going up or down, the probability of losing money is high.

Bitoc.pro options are delivered in real time, and there is no lack of liquidity. Obviously, American options are much better than European options, and they are very suitable for hedging the risks of spot and contract.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.