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Bybit adds crypto options trading as part of expansion plans -Breaking

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As part of its expansion plans, Bybit now offers crypto options trading

Bybit crypto trading platform based in Dubai has just announced the expansion of its crypto options trading service. Users can trade with (USDCYou can also choose to keep your perpetuals or options.

Ben Zhou, co-founder and CEO of Bybit, told Cointelegraph that this decision to add options to the product line was in response to its community’s demands. Zhou 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.