Gate.io Launched Short-Term Options Trading

Gate.io has officially launched BTC/USDT short-term options trading and simulation trading for call/put options that are 1/4/24 hour (hours) before expiration. The handling fee is 0.05%. Currently, the maximum buying amount is 100 USDT (will increase in the upcoming days).

How to trade options
Users can go to the home page of Gate.io, head over to ‘Derivatives’ under the navigation bar, and click ‘Short-term Options’ under ‘Derivatives’ 


Or directly head over to https://www.gate.io/short-term-options/BTC_USDT

The BTC/USDT options trading is currently only available on Web; mobile users will get access to this feature soon, after our next App upgrade.

Simulation trading: https://www.gate.io/testnet/short-term-options/BTC_USDT

About Options trading

An Options contract offers the buyer (the owner or holder of the option) the opportunity to buy the underlying asset or not. With Options, the buyer is able to buy the underlying asset at the strike price to make a profit and can simultaneously choose to not buy the asset to reduce losses. However, for the seller who has sold the Option and received the premium from the Options buyer, there is an obligation to sell the underlying asset as stated in the Options contract. Unlike traditional financial instruments such as spots and futures, Options are contracts which grant rights, but incur no obligations.

Fore more information on Options, please read:

Gate.io Cryptopedia: What Are Options 
(https://www.gatecn.io/cn/bitwiki/detail/355 Currently there is only Chinese version available)