TheBlock
Blockchain.com has launched options trading for eligible users on Bitcoin, Ether, SOL, HYPE, AVAX, XRP and TRX. Contracts expire in up to one week, are funded upfront in USDC, and limit the buyer's maximum potential loss to the purchase amount. The minimum premium is $5, excluding applicable fees.
Users choose a target price, expiry date and trade amount, after which Blockchain.com translates the view into a call or put option. The contracts must be held until expiry and cannot be sold or closed early. Availability is limited to supported jurisdictions.
Why it matters
The launch gives eligible customers a simpler way to express directional views across several major crypto assets without exposing more than the upfront premium. Taro Ugen, Blockchain.com's VP of Consumer, said the product is designed around where traders think the market is going, when they expect it to get there and how much they are willing to risk.
The options rollout also fits a broader derivatives push. Earlier this month, Blockchain.com applied for US regulatory licenses covering prediction markets and crypto derivatives. The company already offers prediction markets through Polymarket and perpetual futures through Hyperliquid to some international users.
Market impact
The product expands Blockchain.com's trading lineup beyond spot exposure and gives users access to short-dated calls and puts across BTC, ETH, SOL and other listed assets. The fixed upfront premium defines the maximum loss, but the inability to exit before expiry makes contract selection and timing central to the trade.
Frequently asked questions
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Which crypto assets are available for Blockchain.com options?
The options product covers Bitcoin, Ether, SOL, HYPE, AVAX, XRP and TRX.
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How long can Blockchain.com options remain open?
Contracts have expiries of up to one week and must be held until expiry.
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What is the maximum potential loss on a trade?
The purchase amount paid upfront represents the buyer's maximum potential loss, excluding applicable fees.
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Can users sell or close the options before expiry?
No. Blockchain.com's support documentation says the options must be held until expiry and cannot be sold or closed early.
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How does the options launch relate to Blockchain.com's US plans?
Blockchain.com has applied for US regulatory licenses to offer prediction markets and crypto derivatives. It already offers related products to some international users.
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