The Singapore-headquartered digital asset exchange – Bybit – expanded its services, enabling crypto options trading. Upon launch, users will be able to trade USDC options and perpetuals through portfolio margin, which employs a risk-based model for experienced investors to increase fund utilization on the underlying price and volatility.
Bybit’s Newest Feature
According to the document shared with CryptoPotato, the function will enable Bybit’s clients to speculate on the future price of an underlying digital asset and settle trades in USDC.
Option contracts defer from futures contracts, where a transaction is mandatory and needs to be finalized at the settlement date. The risks for traders when employing the former are relatively low because it is determined by the premium paid, while there is no such barrier for futures contracts.
Bybit’s new opportunity is meant to aid the platform in its mission to become a fully-integrated trading venue with a user-friendly interface.
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