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Main cryptocurrency exchange, Crypto.com, is at the moment rolling out a brand new crypto derivatives product to its U.S. clients via its smartphone app.
The brand new product – Strike Choices – permits customers to doubtlessly revenue in simply 20 minutes, in keeping with data shared with Finbold on November 13.
With Strike Choices, customers can attempt to predict whether or not the underlying asset’s worth will go up or down by deciding on both a “Sure” choice in the event that they assume it should improve or a “No” choice in the event that they assume it should lower.
Contract durations
These options supply a fast-paced type of buying and selling with contract durations as brief as 20 minutes. It permits its customers to make a revenue in each bull and bear markets and carries a low preliminary price of $10.
It’s value declaring that Strike Choices is a Commodities Futures Buying and selling Fee (CFTC)–regulated product and presents Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Money (BCH) on the time of publication.
Nevertheless, Crypto.com has plans to introduce extra cryptocurrencies to the brand new product additional down the highway.
Notably, the rollout will happen in levels, and U.S.-based Crypto.com clients will probably be knowledgeable when the product is offered of their area both through e mail or via a push notification.
Disclaimer: The content material on this web site shouldn’t be thought-about funding recommendation. Investing is speculative. When investing, your capital is in danger.
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