Blockchain.com opens options trading for seven crypto assets
Blockchain.com adds crypto options trading
Blockchain.com, a crypto exchange, has launched options trading on seven cryptoassets. An option is a contract that gives a buyer the right to buy or sell an asset at a set price within a set period.
Buyers pay for these contracts using USDC, a stablecoin designed to keep a value of one US dollar. The contracts cannot be sold or closed before their expiry date, meaning buyers must wait until the contract ends.
The platform is not open to everyone. People living in the United States and the United Kingdom are among those excluded from the service.
Key points
- Options trading is now available on seven cryptoassets.
- Contracts are paid for in USDC.
- Buyers cannot exit a contract before it expires.
- US and UK residents are among those barred from using it.
What is confirmed
The source confirms that Blockchain.com launched options trading on seven cryptoassets, that buyers fund these contracts in USDC, that positions cannot be closed before expiry, and that US and UK residents are among those excluded.
What is still unclear
The source does not name the seven cryptoassets covered by the launch, does not state when the service went live, and does not list the full set of excluded countries or the reasons for those restrictions.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.