This looks to be a very exciting new possibility for those that know how to use this platform. Expanding from BTC Futures contracts and rolling 8-hour swap contracts offering anonymous 100-1 leverage trading on margin, to now coming out with effectively Crypto Call & Put Options on the most liquid trading exchange in the world.
For those that know how to use these tools, this is a huge opportunity to make crypto trading gains off of the volatility of Crytpocurrencies. Of course, keeping those gains requires experience and confidence protecting and holding on to those profits once acquired
Bitcoin Mercantile Exchange, or BitMex, is offering a new 'optionality' product called 'Ups' & 'Downs' similar to buying options in the legacy markets. Only now in an anonymous BTC based platform...
I personally have limited experience with options strategies, just enough to recognize their potential power. I would welcome any direction to further training on the strategies of their use.
