Cryptocurrency Q&A
Are Deribit options cash settled?
Are Deribit options cash settled?
ShintoBlessed
Fri Sep 13 2024
|
6 answers
1378
Excuse me, I'm curious about the settlement process for Deribit options. Specifically, are these options cash settled or do they involve the actual delivery of the underlying asset? I'm trying to understand the mechanics behind trading these derivatives and how the settlement process impacts traders' positions and risk management strategies. Could you please clarify this point for me?
6 answers
Sofia
Sun Sep 15 2024
Deribit, a renowned cryptocurrency exchange, offers a unique feature in its options trading. All options listed on the platform are cash settled, ensuring a straightforward and efficient process for traders.
Was this helpful?
311
97
Eleonora
Sun Sep 15 2024
This cash settlement mechanism involves paying only the intrinsic value of the option at its expiration date to the holder. This approach simplifies the settlement process and eliminates the need for physical delivery of the underlying asset.
Was this helpful?
307
87
Eleonora
Sun Sep 15 2024
Notably, the settlement currency, the currency in which the cash payment is made, varies across different products offered by Deribit. This flexibility allows traders to choose the most suitable currency for their transactions, enhancing their overall trading experience.
Was this helpful?
138
32
HanRiverVision
Sun Sep 15 2024
BTCC, another leading cryptocurrency exchange, provides a comprehensive range of services to cater to the diverse needs of its users. Among its offerings, BTCC's spot trading service enables traders to buy and sell cryptocurrencies at current market prices.
Was this helpful?
133
59
Margherita
Sat Sep 14 2024
Additionally, BTCC offers futures trading, allowing traders to speculate on the future price movements of cryptocurrencies. This service provides traders with the opportunity to hedge their risks or capitalize on market trends.
Was this helpful?
167
45
Load 5 more related questions
