Top Options tokens by market capitalization
Options contains 10 coins with a total market capitalization of $44.23M and an average price change of -2.10%. They are listed in size by market capitalization.
Cryptocurrency options are financial instruments that provide investors the opportunities to hedge, speculate, or generate income. In essence, an options contract gives the holder the right, but not the obligation, to buy or sell a certain amount of cryptocurrency at a pre-established price within a specific time frame. There are two main types of options: "call" options, granting the holder the right to buy at a predetermined price, and "put" options, giving the right to sell at a specified price. Traders use options to manage risk, capitalize on price volatility, or leverage market trends. However, trading options in cryptocurrency markets carries inherent risks. It's crucial for traders to fully comprehend the mechanics and consequences of these contracts before engaging in such transactions.
