Zero Brokerage Crypto Options!
43sThe surprising announcement of zero brokerage on crypto options trading is a strong hook that grabs attention and promises value.
▶ Play ClipAI Summary
CoinDCX has launched cryptocurrency options trading with zero brokerage, supporting assets like Bitcoin, Ethereum, and Solana. The platform offers contracts with expiry dates ranging from daily to December 25, and the trading interface is similar to traditional options platforms.
Chapters
[00:02]
Zero Brokerage Options
CoinDCX now offers crypto options trading with zero brokerage, as shown in the platform interface.
[00:30]
Same Options Concept
The concept of options trading is the same as in traditional markets; only the asset and volatility change.
[01:01]
Assets and Expiry Dates
Available assets include Bitcoin, Ethereum, and Solana, with expiry dates from March 18 to December 25.
[01:26]
Expiry Time and Option Chain
Options expire daily at 1:30 PM, and the option chain shows strike prices, calls, and puts.
[02:07]
Zero Brokerage Advantage
The platform emphasizes zero brokerage, contrasting with other exchanges that charge fees.
Mentioned in this Video
Tutorial Checklist
Study Flashcards (5)
Which cryptocurrencies are available for options trading on CoinDCX?
easy
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Which cryptocurrencies are available for options trading on CoinDCX?
easy
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Bitcoin, Ethereum, and Solana.
01:01
What is the brokerage fee for options trading on CoinDCX?
easy
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What is the brokerage fee for options trading on CoinDCX?
easy
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Zero brokerage.
02:21
At what time do options expire on CoinDCX?
medium
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At what time do options expire on CoinDCX?
medium
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1:30 PM.
01:26
What is the primary difference between options trading in Nifty and in cryptocurrencies?
medium
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What is the primary difference between options trading in Nifty and in cryptocurrencies?
medium
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The underlying asset and its volatility.
00:30
What is the latest expiry date available for options contracts on CoinDCX?
hard
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What is the latest expiry date available for options contracts on CoinDCX?
hard
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December 25.
01:14
💡 Key Takeaways
📊
Zero Brokerage Options Trading
Highlights a key selling point that eliminates a common cost barrier for traders.
00:02
💡
Similarity to Traditional Options
Emphasizes that the core concepts are identical, making it accessible to existing options traders.
00:30
📊
Long-Term Expiry Options
Shows the flexibility offered, allowing for various trading strategies.
01:14
🔧
Option Chain Interface
Demonstrates the familiar interface, easing the transition for traditional traders.
01:26Full Transcript
[00:02] , then there is big news for you. Now you can also trade options in cryptocurrencies on the Coin DCX platform and that too at zero brokerage. Literally let me show you. See here you can see ₹ brokerage
[00:17] on options. You'll click here and here I go to trade. Let me scroll here. Look, it is coming with zero brokerage written on it. If you already trade options in Nifty, then there is no such difference in options trading in crypto currency. The
[00:30] concept of options trading remains the same. Only the assets change. Ok? Here Bitcoin becomes Ethereum and the market changes and because of that the volatility also changes. So you have to do analysis,
[00:45] in crypto currency. If you are already familiar with the basic concepts of options trading like call options, put options, strategies, bid, ask, option chain, expiry date, then cryptocurrency options trading here will
[01:01] not be much different for you. You can select your asset from here. It is a By clicking on this, Bitcoin, Ethereum and Solana are available to you. Here you will see the date of the contract. Here, from March 18, then the next day,
[01:14] March 19, then the day after that, that is, March 20, two days later, then March 27, a week later, April 3, and so on, you literally have the option to
[01:26] take contracts with expiry date till December 25. So here you can see the expiry date of the coin DCX. Option Expires at Option Expires at 1:30 PM Every day at this time point
[01:40] options expire in DCX. Then here is your order chain. If you click on this, you can see that in the middle you get to see the strike price here. And then this mark price is your call on this side. This is where your putt is.
[01:54] You are obviously aware of these things. You get to see the rest of the amazing things here. Estimated Fees Zero Brokerage. Ok? or anyone who does options trading in Nifty etc. or
[02:07] uses any other exchange must be aware of the brokerage charges. It may must be aware of the brokerage charges. It may brokerage may also be charged. So here at Coin DCX you have the freedom to
[02:21] take contracts at literally zero brokerage. There is
