5-Minute Strike Options Contracts Now Available for BTC and ETH

Five minutes and a yes/no decision are all it takes to potentially profit

We’re proud to announce that 5-minute Strike Options for Bitcoin (BTC) and Ether (ETH) are now available through the Crypto.com App!  Users can potentially profit even faster. What’s more, these new contracts boast the same payout as longer contract durations.

Strike Options is a crypto derivatives product which allows you to potentially profit quickly by predicting whether the price of an underlying asset will be higher than a specific price at the time of expiry.

Several benefits of Strike Options include:  

• Straightforward Yes/No Decision Trades: Simply choose “Yes” if you believe an asset’s price will be above the strike price. Alternatively, select “No” if you believe the asset’s price will be below or equal to the strike price at contract expiry.

• Opportunities in Every Market Condition: Strike Options allows you to potentially profit from both rising and falling markets. Remember, you can forecast whether the asset will be above or below/equal to the strike price when the contract expires.

• The Ability to Trade Fast-Paced Markets: With flexible contract durations starting at just five minutes, your profits have the potential to be realized swiftly

• Trading With Lower Costs: Start trading with just US$10 while receiving exposure to price movements in the underlying asset (e.g., BTC and ETH). You’re not buying or selling the actual asset, only predicting how their prices will move.

• Clearly defined risks: Potential profits and losses are upfront prior to making the trade. Plus, exit your position anytime before the contract expires to secure your profit or limit risk.

Strike Options is a CFTC-regulated product and is currently available for 10 cryptocurrencies. These include BTC, ETH, and DOGE. Additionally, you can forecast forex pair price movements too, including EUR/USD, USD/JPY, and GBP/USD.

Watch this space as more underlying assets are added regularly.

<<Start Trading Strike Options>>

Useful Resources:

• University Article on Strike Options
• Step-by-step guide to buying your first Strike Options
• Strike Options FAQs

This feature is being progressively rolled out across the US. Users will be notified via email or a push notification once they can access it.

Don’t have the Crypto.com App yet? Download it here.

Disclaimer 

Foris DAX Inc. and Foris Inc. (d/b/a Crypto.com) offer connectivity to Crypto.com | Derivatives North America (CDNA), which is regulated by the Commodity Futures Trading Commission, for the purpose of trading derivatives on and subject to the rules of CDNA. Currently available for US users only, who must first become a Member of CDNA prior to trading CDNA derivatives on CDNA. Trading on CDNA involves risk and may not be appropriate for all. Customers risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on CDNA is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Past performance is not necessarily indicative of future results. None of the material on Crypto.com or CDNA is to be construed as a solicitation, recommendation, or offer to buy or sell any financial instrument on CDNA or elsewhere. CDNA is subject to US regulatory oversight by the CFTC.