What are Options?
Options let you trade on whether a cryptocurrency's price will finish above or below a specified price at expiry. You pay upfront, and your payout depends on how far the final settlement price moves beyond your target price in the direction you chose. The further it moves, the higher your potential payout.
How much do I need to start?
The minimum premium is currently $5, plus applicable fees. You'll need USDC in your Blockchain.com Trading Account.
Which cryptocurrencies can I trade?
You can trade Options on the cryptocurrencies available in the Options interface. Available assets may change over time.
Can I lose more than I invest?
No. Your maximum trading loss is the premium and upfront fee you pay when purchasing the Option.
Can I close my Option early?
No. Options must be held until expiry and cannot be sold or closed early.
Can I change my target price or expiry date?
No. Once purchased, your Option's strike price and expiry date are fixed and cannot be changed.
The target price is the price you expect the cryptocurrency to reach. We use it to select the Option with the closest available strike price that would generate a positive profit if the cryptocurrency reaches your target price at expiry.
When do Options expire?
Each Option expires at the date and time shown before you confirm your purchase.
What happens if my Option expires worthless?
You receive no payout and lose the premium and upfront fee you paid.
Can my Option pay out even if I lose money?
Yes. If your payout is less than your total purchase cost, you'll make an overall loss.
What fees apply?
A premium fee is charged when you purchase an Option. A settlement fee applies only if the gross payout exceeds the premium you paid. You'll see the applicable fees in your quote.
Where will I receive my payout?
Any settlement payment will be credited automatically to your Blockchain.com Trading Account, normally in USDC.
Why can't I trade Options?
Options may be unavailable due to your location, account eligibility, verification status, insufficient funds or temporary restrictions.
Current eligibility is not available to users residing in the following countries:
United States (US), United Kingdom (UK), France (FR), Germany (DE), Spain (ES), Italy (IT), Netherlands (NL), Malta (MT), and Nigeria (NG), Russia (RU), Ukraine (UA), Canada (CA), Cuba (CU), Republic of the Congo (CG), Iran (IR), Japan (JP), North Korea (KP), Yemen (YE), Syria (SY), Myanmar (MM), South Sudan (SS), Zimbabwe (ZW), and Mali (ML).
For additional information, review our dedicated Options support articles or contact Blockchain.com Support.