Deribit sees record high bitcoin options trading volume deribit is currently the leading entity within the bitcoin options market accounting for the vast majority of the total daily trading volume seen by this fragment of the market. Deribit has a simple user interface that displays a variety of bitcoin options including expiry dates and strike prices. The platform was founded in 2016 by john jansen a former trader on the amsterdam futures exchange.
Deribit is an amsterdam based bitcoin futures and options exchange. Huobi today announced plans to launch a bitcoin options product sometime this quarter. Huobi launched its derivatives platform at the start of 2018 and has facilitated 438 billion worth of trades last quarter.
It also charges trading and delivery fees. Huobi s bitcoin options have a 0 001 btc buy in. The value of options on bitcoin futures is based on the regulated cme cf bitcoin reference rate brr and settles into actively traded bitcoin futures.
In response to growing interest in cryptocurrencies and customer demand for tools to manage bitcoin exposure cme options on bitcoin futures btc are now trading. Huobi futures will be offering these options contracts in the european style which means that the buyer of the option can only be exercised at the expiration. Bitcoin options are a form of financial derivative that gives the trader the right but not the obligation to buy or sell bitcoin at a specific price at a certain date of expiry.
Bitcoin options trading volumes surge as price moves above 9 4k bitcoin jumped to two month highs early on thursday and now looks set to register its biggest monthly gain in nearly a year.
