How can I use covered call options to invest in cryptocurrencies?
JanzstoneDec 16, 2020 · 5 years ago1 answers
Can you explain how covered call options can be used as an investment strategy for cryptocurrencies? How does it work and what are the potential benefits and risks?
1 answers
- subhransu pandaJul 04, 2021 · 4 years agoAt BYDFi, we offer covered call options for cryptocurrencies, allowing you to generate income from your holdings. Our platform provides a user-friendly interface to easily sell call options on your cryptocurrencies. We also provide educational resources and support to help you understand and implement this investment strategy. However, it's important to note that this strategy may not be suitable for everyone and it's always recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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