Huobi today announced plans to launch a Bitcoin options product sometime this quarter. The offering bolsters its derivatives offering, which is the biggest in the business, according to data from crypto analytics firm Skew.
Bitcoin options are similar to Bitcoin futures: you’re essentially betting on the future price of Bitcoin by buying the right to buy or sell some BTC at a certain price down the road.
>"Huobi plans to launch a Bitcoin options product sometime this quarter. The offering bolsters its derivatives offering, which is the biggest in the business."