Wanting to know how to trade XRP options is on the rise. Recent data from Coinglass shows that XRP options open interest surged over 66% recently, with daily trading volume climbing more than 190%, signaling serious attraction beyond just spot plays.
$XRP, created by Ripple Labs, has faced significant volatility due to Ripple’s legal battles with the SEC over whether the cryptocurrency is a security. This uncertainty, combined with Ripple’s global payment network developments, fuels trader interest in XRP options as a way to profit from price swings or hedge risks.
So, to help you trade XRP options without getting wrecked, this guide explains the mechanics of XRP options, how they differ from spot and futures trading, compares top platforms, and how to build strategies that don’t rely on blind luck.
Whether you’re just wondering, ‘Can I buy options on XRP?’ or already crafting advanced spreads, we’ll walk you through the essentials, from setup to exit strategy.
What Are XRP Options?
To understand XRP options, let’s zoom out for a second.
Securities are tradable financial instruments like stocks, bonds, and ETFs. They represent ownership in something (like a company) or a right to future cash flows.
Derivatives are a special kind of security. Their value comes from another asset (the underlying). That could be a stock, a commodity like gold, or in this case, a cryptocurrency like $XRP. Think of them as side bets on what that underlying asset will do.
So when you trade XRP options, you’re not buying the token itself; you’re speculating on what $XRP’s price will do in the future. That makes options popular with traders looking to hedge, speculate, or leverage short-term price swings.
For context: Ripple developed $XRP to streamline cross-border payments. Its price often reacts to news around regulations or Ripple’s big partnerships, which adds plenty of volatility and plenty of trading opportunities.
Most crypto options today, including XRP options, are cash-settled, meaning profits are paid out in stablecoins like $USDT or $USDC. Paying profits in actual $XRP (physically settled options) is rare and mostly used in institutional markets.
That’s why many of the best crypto option trading platforms require you to pass a short quiz to unlock options trading and ensure you understand the complexities.
Why Trade XRP Options Instead of Spot or Futures?
Options offer unique advantages that make them appealing to both beginners and experienced traders, especially when compared to traditional spot or futures markets.
1. Limited Risk, No Liquidations
When you buy an XRP option, the most you can lose is the premium you paid. That’s it. There’s no risk of liquidation or margin calls, unlike futures contracts, where even a small move against you can wipe out your position if you’re over-leveraged.
2. No Funding Fees
Perpetual futures come with funding rates that can chip away at your profits, especially if you’re holding for days or weeks. Options don’t have this issue. Once you’ve paid the premium, there are no ongoing charges just for keeping the position open.
3. Lower Upfront Costs
You don’t need to lock up big chunks of capital or post margin to open an options trade. Instead, you just pay the option’s premium, often a fraction of the cost of buying $XRP outright. That makes options more accessible for smaller portfolios or traders testing new strategies.
4. Flexible Strategies in Any Market
Options allow you to profit in bullish, bearish, or even sideways markets. If you know how to play them. Want to bet on a breakout without knowing the direction? Strategies like straddles let you do just that. You can also use options to hedge your spot or futures positions.
5. Potential for Income Generation
You’re not limited to just buying options. More advanced traders can sell options to collect premiums, generating passive income, much like writing insurance policies. Of course, this comes with its own risks, but it’s another layer of flexibility you don’t get from spot or futures.
Key Terms to Know Before Trading XRP Options
Before we get into the nitty gritty of how to trade XRP options, here are some core concepts that every trader, beginner or pro, should understand:
- Strike price: The fixed price at which you can buy (call) or sell (put) $XRP if you exercise the option. This is the price you’re betting the market will move above or below.
- Expiration date: The date your option expires. If the market hasn’t moved in your favor by then, the contract becomes worthless.
- Contract size: The amount of $XRP each options contract represents. On Binance, for example, one contract equals 100 $XRP.
- Premium: The upfront cost of buying the option. This is your maximum risk when buying. If the trade goes south, you lose only the premium.
- Settlement: Most crypto options are cash-settled, meaning you never actually get any $XRP. Instead, you’re paid (or charged) the difference in USD or $USDT.
- In the money (ITM): An option is ‘in the money’ when it is profitable to exercise. For a call, that’s when $XRP’s price is above the strike. For a put, it’s when the price is below the strike.
- Out of the money (OTM): The opposite of ITM. These contracts have no intrinsic value. For a call, that’s when $XRP’s price is below the strike. For a put, it’s above the strike.
- At the money (ATM): When the strike price and $XRP’s spot (market) price are the same.
- Leverage: When you borrow funds to increase your exposure. While common in futures, leverage in options typically comes into play through margin (when selling options) or via contract exposure (a large size for a small premium).
- Initial margin: Collateral required when selling options (also called writing). It’s the upfront amount you must deposit to open a short position.
- Maintenance margin: The minimum amount you must keep in your account to hold your position open. If your balance falls below this, you’ll be asked to top up or face liquidation.
- Mark-to-market: Your open positions are continuously updated in real time as prices move. This ensures your PnL reflects current market value, not just entry/exit prices.
How Do XRP Options Contracts Work?
XRP options are a type of derivative: a financial contract whose value comes from an underlying asset, in this case, $XRP. When you trade options, you’re not buying or selling the actual crypto. Instead, you’re buying a contract that gives you specific rights and sets strict rules.
Let’s break it down.
The Basics: What Are Calls and Puts?
In options trading, calls and puts are the two building blocks of every contract.
A call option gives the buyer the right (not the obligation) to buy $XRP at a fixed price (the strike price) before a set expiration date. If $XRP’s market price rises above that strike, the call becomes profitable; you can buy low (via the contract) and sell high (on the open market).
- Call buyers are bullish. They want the price to go up.
- Call sellers (writers) are neutral or bearish. They profit if the price stays below the strike.
A put option gives the buyer the right to sell $XRP at the strike price before expiration. If the market price falls below the strike, the put becomes valuable – you can sell high (via the contract) and buy low (on the open market).
- Put buyers are bearish. They benefit when the price drops.
- Put sellers are bullish. They win if the price stays above the strike.
You don’t have to hold a call or put until expiry; you can sell the contract at any time before it expires, based on its market value. That flexibility is part of what makes options so powerful.
And importantly, you can buy (go long) or sell (go short or write) either type of option depending on your market outlook and risk tolerance. Each role comes with a very different risk profile.
Long vs Short Options Positions
Here’s how the four core positions stack up.
| Position | Role | Right or Obligation | Max Loss | Max Gain | Best Case Scenario |
|---|---|---|---|---|---|
| Long call | Buyer (bullish) | Right to buy $XRP | Premium paid | Unlimited (if $XRP moons) | $XRP surges past strike |
| Short call | Seller (bearish or flat) | Obligation to sell $XRP | Unlimited (if $XRP moons) | Premium received | $XRP stays below strike |
| Long put | Buyer (bearish) | Right to sell $XRP | Premium paid | Large (as $XRP dumps) | $XRP price collapses |
| Short put | Seller (bullish or flat) | Obligation to buy $XRP | Substantial | Premium received | $XRP stays above strike |
Selling (writing) options isn’t free money. It’s a high-risk, high-margin game. Writers must post collateral (initial margin), usually 15–50% of the potential contract value, to cover downside risk.
If the market moves heavily against you, you’ll need to top up your margin balance to meet maintenance levels or risk forced liquidation (when the platform closes your position automatically to prevent deeper losses).
That’s why it’s typically only recommended for experienced traders who understand margin mechanics and risk controls.
What Are the Fees Involved with Trading XRP Contracts?
Fees can eat into your profits, so it’s crucial you understand them when trading XRP options. Here are the main costs (other than the premium) you’ll want to be aware of:
- 💸 Spreads: This is the difference between an option’s bid (buy) and ask (sell) price. Wider spreads mean you pay more to enter or exit. On liquid platforms like Binance, spreads are usually tight, but on smaller exchanges or low-volume contracts, they can be steep.
- 💸 Trading commissions: Most exchanges charge a small fee to open and close a position. On Binance, for example, it’s 0.03% per trade plus a 0.015% exercise fee, capped at 10% of the option value. Other platforms may charge per contract, typically around $0.50 to $1.00, depending on the asset and size.
- 💸 Margin interest: If you’re using borrowed funds to amplify your options trades (for example, via margin accounts), some platforms may charge daily interest, typically 8–14% annually, prorated. This usually applies to complex or leveraged products, not standard long options.
- 💸 Deposit & withdrawal fees: These depend on the crypto and network you use. For example, Ethereum gas fees can spike during congestion, while Tron or Solana tend to be cheaper.
- 💸 Inactivity fees: Some platforms charge if your account is idle for 6–12 months. It’s rare, but worth checking the fine print.
- 💸 Regulatory fees: Mainly on US-regulated platforms. These include the Options Regulatory Fee (ORF), a few cents per contract, and SEC fees, which apply when selling the underlying assets after exercising options.
Always review a platform’s full fee schedule. A trade that looks profitable on paper can end up breakeven (or worse) once all the hidden costs are tallied.
Spot vs Futures vs Options: Which $XRP Trading Method Suits You?
Before jumping into XRP options, it’s worth understanding how they compare to spot trading and futures contracts. Each method offers different benefits (and risks) depending on your goals.
Here’s how they stack up.
| 📊 Trading Method | ✅ Pros | ❌ Cons | 🧩 Best For |
|---|---|---|---|
| Spot | – Directly own $XRP – Can stake or use $XRP for payments – Simple & beginner-friendly – No leverage, lower risk – No expiration date |
– No leverage, limiting profit potential – Cannot profit from falling prices – High capital requirements, full funds required upfront –Market volatility risks with no hedging |
– Long-term investors – Beginners – HODLers wanting to own $XRP for appreciation or use |
| Futures | – High leverage for amplified gains – Can go long ot short to profit in a rising or declining market – High liquidity on major platforms – Hedge against volatility – Cash-settled, so no wallet needed |
– High risk due to leverage magnifying losses – Margin calls/liquidation risk – Complex with funding rates and expiration dates – Often requires active monitoring |
– Experienced traders – Short-term speculators – Hedgers with existing XRP options |
| Options | – Limited loss (premium only) – Can go long or short – Strategic flexibility (for example, calls, puts, straddles) – Hedging or volatility plays without liquidation risk – High leverage with lower capital |
– Premiums add cost – Complex pricing and strategies – Limited platform choice – Can expire worthless |
– Advanced traders – Investors hedging portfolios or betting on volatility – Strategic speculators |
If you’re just getting started, spot trading might be your best bet, but it lacks leverage. For directional plays with capital efficiency, futures deliver speed but carry liquidation risks. But if you’re looking to hedge exposure, express a nuanced market view, or manage risk with more control, XRP options are the way to go.
How to Choose an XRP Options Trading Platform
Not all crypto derivatives platforms are built the same, and when it comes to trading XRP options, the wrong choice can cost you real money. Hidden fees, clunky interfaces, poor liquidity, or lack of regulation can all wreck a good trade.
We’ve reviewed each platform in this guide using the checklist below, and hopefully, it will help you whenever you compare platforms.
Regulation
Look for platforms regulated by authorities like the FCA (UK), CySEC (EU), or CFTC (US). These exchanges must meet high standards for fund protection, know your customer (KYC), and risk controls.
Spreads and fees
Tight spreads help maximize profits, especially if you’re trading frequently. Some platforms charge fixed transaction and exercise fees (for example, 0.03% + 0.015%), while others keep trading cheap but bake costs into wider spreads. Always check both the fee schedule before jumping in.
Contract types
Not all platforms offer XRP options. Make sure the exchange supports the contract type you need and clearly specifies the expiry and settlement terms.
Margin requirements
Margins come into play when you’re selling (writing) options and the amount varies by platform and contract type. For example, Deribit may require over 50% for out-of-the-money contracts, while Binance and Bybit use dynamic margin models based on volatility and position size. Always review the margin calculator before opening a short options position.
Risk-management tools
Good platforms offer stop-loss, take-profit, and trailing stop tools as standard. Some even offer negative balance protection, which is crucial for newer traders using leverage.
Features
Advanced charting, options strategy builders, and TradingView integration can be trading game changers. Look for customizable dashboards and tools tailored to options trading.
Account types
Some exchanges offer different account tiers. Basic accounts are designed for casual traders and often come with simpler interfaces, lower verification hurdles, and default trading limits. Perfect if you’re just getting started or only trade occasionally.
On the other hand, pro or institutional accounts offer perks like lower fees, higher withdrawal limits, priority support, and API access for algorithmic trading. If you scale up your volume or want to automate your strategy, moving up a tier can significantly reduce costs and improve execution.
Security & reputation
Prioritize platforms with multi-layer security: two-factor authentication (2FA), cold storage, withdrawal whitelists, and proof-of-reserves. Check if they’ve been hacked before, and how they responded.
User experience
If you’re fighting the user interface during a volatile market move, you’re already losing. Good platforms offer mobile apps, clean design, and quick onboarding for new users without skimping on depth for pros.
Where to Trade XRP Options? Best Platforms Compared
Choosing the right platform for trading XRP options is crucial for optimizing your trading strategy. Below is a comparison of leading exchanges that offer XRP options, highlighting their leverage, fees, liquidity, contract types, and ideal user profiles.
| Broker | Fees | Liquidity | Currency Settled In | Best For |
|---|---|---|---|---|
| Binance | 0.03% transaction fee + 0.015% exercise fee (capped at 10%) | High | $USDT | Traders seeking a comprehensive platform with deep liquidity |
| Bybit | 0.02% transaction fee, no settlement fee for short-term contracts | High | $USDC | Users looking for competitive fees and a user-friendly interface |
| Deribit | 0.03% of underlying or 0.0003 $XRP per contract (capped at 12.5%) | Highest (85% of global crypto options volume) | $USDC | Advanced traders prioritizing strategy tools, liquidity, and speed |
Binance is our top pick for XRP options trading for its high liquidity and institutional-grade trading interface, all while capping fees to protect your upside. For advanced traders needing scale, speed, and strategy flexibility, it ticks all the boxes.
Bybit excels in simplicity and low fees, making it a great choice for beginners who want functionality without the learning curve.
Deribit dominates in terms of options volume and advanced tools like Position Builder (to simulate complex multi-leg strategies) and Option Wizard (to visualize payoffs and Greeks before placing trades), perfect for those who want total control and can handle the complexity.
Different goals, different tools – pick what fits your strategy.
How to Trade XRP Options: Step-by-Step Guide
Trading XRP options is not as difficult as it might first sound if you choose the right platform. And once your account is set up, it takes just a few clicks to place a trade. Here’s how to get started on Binance, our top pick for 2025.
Step 1: Choose Your Platform
Start by picking a platform that supports XRP options. We’re using Binance as it’s our top recommendation for its liquidity, wide range of strikes and expiries, and tools.
Go to the official Binance website and navigate to the ‘Options’ section.
Step 2: Create Your Account
Click ‘Register Now,’ enter your email or phone number, and create a secure password.
Once your account is active, you can access the Binance dashboard, but you won’t be able to trade options just yet.
Step 3: Enable Options Trading & Complete Verification
Now, click ‘Open an Options Account’ on the dashboard. Binance will first prompt you to read and agree to the Options Service Agreement, which outlines the risks involved.
After that, you’ll need to verify your identity by uploading a government-issued ID, completing a liveness check, and answering a short financial questionnaire.
This step is mandatory due to MiFID II (EU rules for complex financial products) and is mirrored by similar regulations in the US, Canada, and Australia.
Step 4: Fund Your Wallet
Binance XRP options are settled in $USDT, so you’ll need some in your account to open a position.
🪙 Already have $USDT?
Great, you can deposit it directly to your Binance Spot Wallet. Just head to your account dashboard, click ‘Deposit,’ and select $USDT to generate your wallet address. Once the funds arrive, you’ll need to transfer them to your Options Wallet:
- Click the ‘Wallet’ icon.
- Choose ‘Options,’ then ‘Transfer.’
- Enter the amount of $USDT you want to move and confirm.
💳 Don’t have $USDT yet?
No problem. You can buy it directly with a debit or credit card:
- Click ‘Buy Crypto’ from the top menu.
- Choose your local currency and select $USDT.
- Enter the amount you want to buy and complete the purchase.
Once purchased, just follow the transfer steps above to move the funds to your Options Wallet.
You can’t trade options without $USDT in your Options Wallet – Spot and Options wallets are separate.
You’re now ready to select and purchase XRP options.
Step 5: Select and Trade XRP Options
Head to the Binance Options dashboard and select XRP/USDT from the available markets. This opens the options chain – a table showing all current call and put contracts, sorted by strike price and expiry.
Review The Options Chain
Use the filters to sort contracts by expiry date or strike price. Calls (bets that the price will go up) are listed on the left, puts (bets on the price dropping) are on the right. Each row includes:
- Strike price: The price you’re betting $XRP will go above (call) or below (put)
- Premium: The cost per contract
- Bid/ask: What traders are willing to pay or accept
- Volume & open interest: Helps gauge liquidity
Tip: On Binance, each options contract represents 100 $XRP and settles in $USDT.
Select Your Contract
Click on the call or put that matches your trading view. For example, a $2 call if you think $XRP will rally past $2 before expiry. Binance currently offers weekly expiries for $XRP, so timing matters.
You’ll now see a trading panel where you can:
- Enter a limit order (Binance supports limit orders only)
- Set your price (the premium you’re willing to pay)
- Choose how many contracts you want
Only trade what you’re comfortable losing. The premium is your max loss on a long options position.
Monitor Your Trade
Once the order is filled, track it under the ‘Positions’ tab. You’ll see:
- Unrealized PnL (profit/loss)
- Greeks (Delta, Theta) to measure how price, time, and volatility affect your contract
- Expiry countdown so you know exactly when your option settles
You can close a position early by clicking ‘Sell,’ or hold until expiry and let it settle automatically.
Options Trading Risk Mitigation Techniques and Tips
Trading XRP options can unlock serious upside, but it also opens the door to fast losses if you’re not managing risk properly. Here are some of the most effective ways to protect your capital and stay in the game long enough to learn and earn.
🎓 Size your positions smartly. Don’t risk more than 1–2% of your total trading capital on a single trade. That means if your portfolio is $5K, keep your risk per trade to $50–$100. Start small and scale gradually, increasing your exposure only when trades go in your favor.
📈 Use conservative leverage. Leverage can amplify gains, but it also magnifies losses. Keep it in check by sticking to a 2x–5x leverage until you’re consistently profitable. This helps protect your account from sudden price swings and reduces the risk of liquidation (forced closure of your position when losses exceed your margin).
⏳ Set real exit plans. Don’t leave your trades open-ended. Decide in advance where you’ll take profits and where you’ll cut losses. Use chart tools like support and resistance levels or trend indicators to guide these decisions, not random guesses like ‘I’ll sell if it hits $2.’ The market often moves through round numbers, triggering emotional reactions and early exits.
⚖️ Diversify your strategy. Don’t go all-in on one style or timeframe. Mix short-term scalping (quick trades aiming for small gains over minutes or hours) with longer swing trades (positions held for days or weeks to capture bigger moves), and consider using different contract types. This spreads your risk and reduces your exposure to sudden price whiplash or isolated news events.
📅 Stay disciplined. Risk isn’t just numbers. It’s emotional too. Set rules and stick to them. Take profits when your plan says so, not when your gut gets greedy. And if you’re on a losing streak, step back. Trading tired or FOMO-driven trades only accelerates losses.
Popular Options Contract Trading Strategies
Options can be powerful tools, but only if you know how to use them. Whether you’re bullish, bearish, or expecting chaos, here are five beginner-friendly XRP options strategies to get you started.
1. Long Call (Bullish Bet)
You buy a call option because you think $XRP will rise.
- Example: $XRP is trading at $2. You buy a call with a $2.20 strike, expiring in two weeks.
- Goal: If $XRP jumps to $2.50, the option increases in value, and you can sell it for profit.
- Risk: Limited to the premium you paid (your upfront cost).
- Best for: Beginners who want defined risk when betting on the price going up.
This is one of the most common and safest entry points for options traders.
2. Long Put (Bearish Bet)
You buy a put option because you expect $XRP to fall.
- Example: $XRP is at $2. You buy a put with a $1.80 strike.
- Goal: If $XRP drops below $1.80, your option gains value as the price sinks.
- Risk: Limited to the premium paid. You can’t lose more than your initial cost.
- Best for: Bearish setups or hedging against downside risk.
Useful during bearish trends or market uncertainty.
3. Covered Call
You own $XRP and sell a call option against it to earn extra yield.
- Example: You hold 1K $XRP and sell a call with a $2.40 strike price.
- Goal: If $XRP stays below $2.40, you keep both the premium and your coins.
- Risk: If $XRP surges past $2.40, you’re forced to sell at that price, capping your upside.
- Best for: Long-term holders looking to earn passive yield.
Think of it like renting out your crypto for extra yield.
4. Bull Call Spread
A lower-cost bullish play where you buy one call and sell another at a higher strike.
- Example: Buy a $2.00 call and sell a $2.50 call with the same expiry.
- Goal: Profit if $XRP rises toward $2.50, but gains are capped beyond that.
- Risk: Limited and lower than a pure long call, thanks to the premium from the sold call.
- Best for: Traders with a moderate bullish bias who want cheaper exposure.
You limit both risk and reward. A more strategic bullish play.
5. Straddle
You buy a call and a put at the same strike, betting on volatility, not direction.
- Example: Buy a $2.00 call and a $2.00 put before a major $XRP announcement (for example, Ripper vs SEC ruling or a new Ripple partnership announcement).
- Goal: If $XRP moves sharply – say to $2.40 or $1.60 – one side gains big.
- Risk: You pay two premiums, so a small move may not cover the cost.
- Best for: Event traders expecting big movement, but unsure which way.
Neutral on direction, bullish on movement.
Common Mistakes to Avoid
Trading XRP options can be highly profitable, but it’s just as easy to get wrecked if you’re not careful. Below, we’ve outlined the most common pitfalls and how to sidestep them with smart, actionable fixes.
| Problem ❌ | Why It Backfires 💡 | Fix ✅ |
|---|---|---|
| Over-leveraging trades | Too much leverage is a fast track to liquidation. Many assume 20x or 50x leverage means bigger gains, but normal volatility in $XRP can wipe out a position fast. Studies show up to 95% of over-leveraged traders blow up their accounts within months. | Use low leverage (2x–5x) until you’re consistently profitable. |
| Going all-in | Betting 20–50% of your portfolio on one trade is just gambling. One wrong move and you’re out. | Limit each position to 1–2% of your total capital. Diversify across timeframes and tokens. |
| Emotional and FOMO trading | Acting on hype or fear often leads to buying tops and panic-selling bottoms. | Follow a rules-based strategy. If you’re feeling emotional, pause before trading. |
| Bad stop placement | Stops at round numbers or too close to entry get hunted by market makers and bots. | Place stops just beyond real support/resistance levels, not on gut feeling. |
| Ignoring market context | Trading in a vacuum without checking macro trends, liquidity, or Bitcoin’s direction is asking to be blindsided. | Zoom out. Align trades with broader market structure and trends. |
| Correlation blindness | Holding multiple ‘diverse’ coins that all tank together doesn’t reduce risk; it multiplies it. | Cross-check correlations. Mix uncorrelated assets or use hedging strategies. |
| Neglecting funding fees | Long-term holds on contracts with high funding fees can quietly drain your PnL. | Always factor in expected funding costs before entering a trade. |
| No defined edge | Winging it based on Twitter tips or Discord calls leads to inconsistent results. | Use effective crypto signals and backtest your setups. No edge = no trade. |
Wrapping Up Our Guide on How to Trade XRP Options
XRP options are a powerful tool for hedging, speculating, or navigating volatility, but their complexity requires discipline and responsibility.
With between 71% and 89% of retail traders losing money in leveraged markets, being successful means knowing how to size trades wisely and use stops, mastering techniques like Greeks and time decay, and avoiding emotional decision-making.
Choose a platform like Binance or Bybit based on your goals, and always make managing risk a priority. Don’t treat options like a lottery ticket. They can be a strategic investment tool if you’re willing to learn.
And remember, options trading is a high-risk activity, especially in volatile markets like crypto. Always do your own research and never risk more than you can afford to lose.
FAQs
1. Can you trade XRP options?
Yes, you can trade XRP options on select crypto exchanges like Binance, Bybit, and Deribit. These contracts let you speculate on $XRP’s price without owning the token. Access may depend on your country’s regulations.
2. Where can you buy XRP options?
You can buy XRP options on platforms like Binance, Bybit, and Deribit. Each platform offers different contract types, fee structures, and tools, so it’s worth comparing them to find the best fit for your trading style.
3. How to trade XRP options?
Pick a platform that offers XRP options (like Binance or Bybit), sign up, complete KYC, and pass any required trading assessments. Then fund your account, choose a call or put, select your strike and expiry, and place your trade. Use stop-losses and smart sizing to manage risk.
4. What is the best XRP options trading platform?
Binance is our top XRP options trading platform thanks to its deep liquidity, wide range of strike prices and expiries, and advanced trading tools. However, platforms like Bybit may be better suited for beginners or traders who prefer simpler interfaces and lower fees. The right choice depends on your experience and goals.
