Crypto.com enhances Shiba Inu trading with the rollout of strike options
the introduction of a new trading feature, strike options, for Shiba Inu . It offers traders a new way to engage with the popular cryptocurrency. Strike options, which are regulated by the Commodity Futures Trading Commission in the United States, present a new trading opportunity in the crypto derivatives market.
This product requires traders to predict whether the price of a given asset, such as SHIB, will rise above a specified level by the end of the contract period.Conversely, selecting"No" and selling the contract limits the loss to the initial investment and trading fees if the prediction is incorrect.
Strike options aim to offer a clear and straightforward trading experience, where the potential gains and losses are known upfront. It also introduced other pairs featuring popular meme coins . The inclusion of Shiba Inu in these new trading pairs shows the growing popularity and acceptance of SHIB within the crypto trading community.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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