Deribit Exchange Rolls Out Early BTC and ETH Options for 2024 US Election

Quick Summary:

Crypto derivatives exchange Deribit is expanding its offering of BTC and ETH options as part of a strategy to benefit from price action ahead of the 2024 US presidential election.

These options will expire in early November, enabling the investors to place their bets on how the election will impact the crypto market.

This is due to the fact that he has begun supporting the digital currencies through his campaign mechanisms and plans on speaking at the Bitcoin 2024 convention in Nashville on the 27th of July.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: Deribit exchange Bitcoin News US 2024 Election 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 23:20:43 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 552 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21658147

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 14 hours ago

Coverage Areas: India

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