Crypto investors constantly seek new opportunities to maximize their profits and diversify their portfolios. One such avenue is options trading, which has gained significant popularity in recent years.
Options trading allows investors to speculate on the price movement of an underlying asset, such as cryptocurrencies, without actually owning the asset itself. It offers a range of benefits and opportunities that make it an attractive choice for many investors.
Benefits of Trading Options
Trading options in the crypto market presents unique advantages that appeal to a wide range of investors. First and foremost, options trading provides a level of flexibility and versatility that is unparalleled.
Investors have the opportunity to profit from both upward and downward price movements, depending on their trading strategy. This ability to generate profits in any market condition adds a layer of protection against potential losses and enhances the overall risk management capabilities.
Additionally, options trading allows investors to leverage their positions, amplifying their potential returns. By employing leverage, traders can control a larger position in the market with a relatively smaller investment, increasing their profit potential.
However, it is important to note that leverage can also amplify losses, so careful risk management and understanding of the market dynamics are crucial.
Furthermore, options trading offers a variety of strategies to suit different investment objectives and risk appetites.
From basic options buying and selling to more complex strategies such as spreads and combinations, investors have the flexibility to tailor their approach to match their specific goals.
This versatility makes options trading an attractive choice for both conservative and aggressive investors alike.
Introducing CoinCall: redefining crypto options trading
If you want to dive into the world of options trading, picking the right platform is an essential step that cannot be overlooked.
In the world of crypto options trading, CoinCall emerges as a game-changer. In comparison to its competitors, such as Deribit, CoinCall distinguishes itself with its user-friendly interface resembling traditional trading platforms like Robinhood and traditional finance (TradFi).
This familiar design makes it easier for both beginners and experienced traders to navigate the platform and execute trades seamlessly.
Jimmy Zhong, CEO at CoinCall, said the following:
“We believe that options trading will continue to grow exponentially in the years to come, and we are excited to be at the forefront of this trend”
With a comprehensive suite of features and a focus on options and structured products, CoinCall offers traders of all levels a one-stop solution for their trading needs.
One of the standout features of CoinCall is its low trading fees. By minimizing the cost of trading, CoinCall enables investors to optimize their profits and keep more of their earnings.
This affordability makes it an ideal platform for both retail and professional users, democratizing options trading and attracting a wide range of investors.
Moreover, CoinCall offers a maximum leverage of 50x for BTC and ETH, and 25x for other perpetual contracts, providing ample opportunities for traders to magnify their gains.
This high-leverage option can be advantageous for experienced traders looking to maximize their returns while managing their risk effectively.
Did you know?
CoinCall also stands out for its commitment to security. The platform employs industry-standard encryption protocols to ensure the safety of user data and employs secure storage practices for funds.
With a risk control team and an insurance fund, CoinCall takes proactive measures to mitigate potential risks, providing peace of mind to its users.
Coincall launches the Coincall Academy
Coincall is committed to empowering its users with the knowledge they need to succeed in options trading through their new Coincall Academy. Designed as a valuable educational resource, the Coincall Academy provides free lessons to users at all levels.
Lessons are accessible both weekly and monthly, facilitating ongoing education and skill development. Coincall takes learning a step further by providing a support system where users can interact with tutors and teachers.
These experienced professionals are readily available in their Telegram chats and communities to address any questions or concerns that users may have. In addition to the lessons, users can participate in engaging weekly and monthly live sessions led by their knowledgeable instructors.
To serve a worldwide audience, the lessons are conducted in various languages such as English, Spanish, and Mandarin, and there are intentions to include additional languages soon, like French and Italian.
The Coincall Academy offers a structured curriculum divided into three comprehensive chapters:
Chapter 1 serves as a solid foundation, covering the basics of options trading. This includes fundamental concepts such as understanding what options are, how to select them, and the associated risks.
Additionally, this chapter delves into the mathematics behind options trading profits and losses, providing users with a deeper insight into the financial mechanics of options.
Chapter 2 of the Coincall Academy shifts its focus to practical strategies. Users can explore various strategies for buying and selling options, ranging from the fundamentals of call and put options to more complex techniques like bull spread and bear spread.
Advanced topics such as Put-Call Parity and Delta Hedging are also addressed, providing users with an opportunity to enhance their expertise.
Chapter 3 takes users on a journey through product education, introducing Coincall’s options and perpetual futures products. With step-by-step guides tailored to both the ‘Lite’ and ‘Pro’ versions of the platform, users can confidently navigate and trade these products.
Ranging from beginner-friendly tutorials to in-depth explanations of calculating profit and loss in options, this chapter equips users with practical skills to apply on the Coincall platform.
With the Coincall Academy, users can seamlessly progress from mastering the fundamentals to implementing advanced strategies in options trading. By offering this valuable resource, Coincall further demonstrates its commitment to enabling its users to make informed and strategic trading decisions.
You can see the free courses in the Coincall Academy here.
Industry titans driving innovation
CoinCall’s success is underpinned by a team of seasoned traders hailing from renowned exchanges and market makers, such as Binance, JP Morgan, Optiver, and UBS.
Drawing upon their extensive expertise, this exceptional group of professionals brings a wealth of knowledge and experience to the platform. Notably, the team founded one of the top proprietary trading teams globally, earning the coveted #1 rank on Binance’s total PnL leaderboard in both 2020 and 2021.
Additionally, they currently oversee a crypto trading desk with an impressive $300 million AUM, implementing a range of proprietary trading strategies including high-frequency trading (HFT), market making (MM), commodity trading advisor (CTA), and arbitrage (Arbs).
With their remarkable track record and deep understanding of the crypto market, CoinCall’s team positions the platform as a leader in the industry, ensuring users have access to cutting-edge strategies and insights.
Links:
Coincall Academy | Website | Twitter | Telegram
Disclaimer
In compliance with the Trust Project guidelines, this guest expert article presents the author’s perspective and may not necessarily reflect the views of BeInCrypto. BeInCrypto remains committed to transparent reporting and upholding the highest standards of journalism. Readers are advised to verify information independently and consult with a professional before making decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
