Bybit, the Singapore-based cryptocurrency exchange has announced that it will expand its services into trading crypto options.USDCYou can also choose to keep your perpetuals or options.

The Bybit media team told Cointelegraph that this decision to add options to the product line was in response to its community’s demands. Bybit noted that investors want to trade options because it can “serve as a hedge against existing risks and provide greater market exposure.” It also gives traders a way to diversify their portfolios.