{"id":64532,"date":"2023-11-14T13:55:20","date_gmt":"2023-11-14T17:55:20","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=64532"},"modified":"2023-11-14T14:04:30","modified_gmt":"2023-11-14T18:04:30","slug":"crypto-com-launches-new-derivatives-product","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/crypto-com-launches-new-derivatives-product\/","title":{"rendered":"Crypto.com Launches New Derivatives Product"},"content":{"rendered":"\n

Crypto.com is launching a new crypto derivatives product<\/a> for its U.S. customers through its smartphone app. <\/p>\n\n\n\n

\"Crypto.com
Crypto.com Launches New Derivatives Product<\/figcaption><\/figure>\n\n\n\n

It enables short-term, binary options trading for U.S. customers<\/a> to speculate on cryptocurrency prices. With the launch of Strike Options, a new derivatives product, Crypto.com has significantly expanded its trading offering. <\/p>\n\n\n\n

This function, which can now be accessed through the Crypto.com App, is designed for individuals who want to forecast changes in token prices and make money from them.<\/p>\n\n\n\n

\n

Introducing Strike Options, a new crypto derivatives product in the https:\/\/t.co\/vCNztATkNg\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> App \u26a1\ufe0f

Turn daily predictions into potential profit with:

\u2705 Straightforward Yes\/No decisions
\u2705 Less than US$10 per trade
\u2705 Clearly defined risk & rewards

\u2139\ufe0f https:\/\/t.co\/J8hIeo024p<\/use><\/svg><\/span><\/a> pic.twitter.com\/5BfH5WNyDv<\/use><\/svg><\/span><\/a><\/p>— Crypto.com (@cryptocom) November 13, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

If you select “Yes,” you're betting that the asset's price will rise over the strike price; if you select “No,” you might anticipate a fall. Users can also choose to exit positions early, a flexible option that can be very helpful for controlling risk or making profits<\/use><\/svg><\/span><\/a>.<\/p>\n\n\n\n

The product's contract durations are fixed at 20 minutes. $10 is the admission requirement. Nonetheless, the organization points out that the hazards associated with fast-paced, leveraged trading should not be overlooked.<\/p>\n\n\n\n

Strike Options also allow users to bet on rising and falling markets, offering chances in various market scenarios. With intentions to increase its asset base, this Commodities Futures Trading Commission<\/a> (CFTC)-regulated instrument is now offered for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto.com is launching a new crypto derivatives product for its U.S. customers through its smartphone app. It enables short-term, binary options trading for U.S. customers to speculate on cryptocurrency prices. With the launch of Strike Options, a new derivatives product, Crypto.com has significantly expanded its trading offering. This function, which can now be accessed through […]<\/p>\n","protected":false},"author":43,"featured_media":64534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[1360,17199],"class_list":["post-64532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-com","tag-strike-options"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982853013.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/64532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=64532"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/64532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/64534"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=64532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=64532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=64532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}