In the digital currency market, the phenomenon of zero trading volume of BAKT Bitcoin options has attracted widespread attention. This signal seems to reveal deeper information, suggesting that the digital currency market may face some potential risks and challenges. Let us explore in depth to explore the truth behind these signals and the possible impact on the market.

From historical data, the volatility of the digital currency market has always been the focus of investors. The zero trading volume of BAKT Bitcoin options may mean that investors' confidence in the digital currency market has been shaken. This shaken confidence may be due to the market's concerns about future trends, or it may reflect investors' uncertainty about the overall development prospects of the digital currency industry. In this context, the digital currency market may face more severe challenges and require more rational thinking and prudent decision-making.

In such a context, we have to think about the development direction and long-term trend of the digital currency market. Past success does not guarantee future stability, and market changes remind us to be vigilant and cautious all the time. The phenomenon of zero trading volume of BAKT Bitcoin options may be a microcosm of market development, which deserves our in-depth thinking and vigilance. With the continuous development of the digital currency market, we need to pay more attention to risk management and the adjustment of investment strategies to better adapt to market changes and challenges.

At the same time, the regulatory environment of the digital currency market is also one of the focuses of investors' attention. With the continuous adjustment and improvement of regulatory policies, the digital currency market may face more challenges and changes. The phenomenon of zero trading volume of BAKT Bitcoin options may increase market uncertainty and volatility, making investors more cautious and wait-and-see. In this case, we need to pay more attention to the role of market supervision, strengthen investor protection and market norms to promote the healthy development of the digital currency market.

In general, the phenomenon of zero trading volume of BAKT Bitcoin options contains a series of challenges and risks that the digital currency market may face. Investors need to remain vigilant and cautious, strengthen risk management and adjust investment strategies to better adapt to market changes and challenges. At the same time, regulators also need to strengthen the adjustment and improvement of regulatory policies to promote the healthy development of the digital currency market. Only with the joint efforts of investors, regulators and market players can the digital currency market continue to develop steadily and create more opportunities and benefits for investors.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Since 2019, Bitcoin derivatives trading has developed rapidly, especially derivatives trading led by futures, with trading volume far exceeding spot trading. It can be seen how great the market demand for derivatives is! Although futures trading is in full swing, futures cannot meet market demand.

Since the second half of 2019, major platforms have launched Bitcoin options trading, including BitOffer, BAKKT, Chicago Mercantile Exchange (CME), etc.

BAKKT Bitcoin options trading volume is exhausted

On December 9, 2019, BAKKT officially launched Bitcoin options. The market initially had high hopes for BAKKT, believing that its strong background would definitely bring very good performance. However, in the past 10 days, there has been no Bitcoin options trading on the BAKKT platform, that is, zero trading volume. According to data, its options trading volume was zero from January 20 to 24, so the last recorded activity occurred on January 17, when 20 Bitcoin options changed hands.

In contrast, its competitor, the Chicago Mercantile Exchange (CME), has made good progress in Bitcoin options trading. In the first week of trading, the trading volume of BTC options on the Chicago Mercantile Exchange surged from 55 contracts (about $2.37 million) on the first day of trading to 120 contracts (about $5.25 million) at the end of the first week. However, overall, whether it is BAKKT or CME, investors' interest in their products seems to be gradually weakening. CME only registered 59 Bitcoin options transactions for the whole week last week.

The biggest reason why BAKKT option trading cannot develop is that there are no market makers. The lack of market makers means that the options trading of this exchange is not liquid, and there is no good market maker mechanism. No one is willing to make markets for BAKKT. Not only BAKKT, but also Bitcoin options launched by CME, OKEX and JEX also lack liquidity. If a trading market has no liquidity, it is conceivable how high its risk factor is? Therefore, they are destined to be eliminated by the market.

In addition to liquidity, there is a very big problem between them. The Bitcoin options they launched are all European options, which means that they can only be exercised on the expiration date. Obviously, this is very disadvantageous for ordinary investors, because most investors do not have so much idle funds to exercise their options. At present, there is only one Bitcoin option exchange in the world that does not require exercise, and that is BitOffer.

Not only that, this option does not require margin or handling fees, and it is also the world's first exchange to support intraday options. The option expiration time span includes 2 minutes, 5 minutes, 1 hour, 4 hours, 12 hours, 1 day, and 7 days. The option cycle is diversified, and investors can trade anytime and anywhere, which is more flexible and convenient. You can buy a Bitcoin option for as little as 5 US dollars. The biggest feature of this option is that whether it is a bull market or a bear market, there is an opportunity to obtain a thousand times excess return.

How to operate BitOffer Bitcoin options?

The gameplay of BTC options is the same as spot, which is to predict the future rise and fall of Bitcoin, but it supports buying up and buying down. In terms of operation, buy up if you expect a bullish trend, and buy down if you expect a bearish trend. The profit calculation is the same as the spot. When buying up, you earn as much as the price rises within the cycle, and when buying down, you earn as much as the price falls within the cycle. In short, it is to use a very small principal to bet on the rise and fall of the future range, so as to obtain high returns.

For example, the current price of Bitcoin is 9,500 US dollars. You think it will rise in the next hour, so you open a 1-hour call option, which costs 10 USDT. As expected, Bitcoin rose by 500 US dollars in 1 hour. The system automatically settles the 1-hour expiration, and you get a return of 500 USDT, which is equivalent to a return of 50 times the principal.

If the option direction is wrong at the expiration of 1 hour, you will lose the principal of this option, which is 10 US dollars. This fully illustrates the characteristics of Bitcoin options: "limited risk, unlimited benefits"! Therefore, compared with European options launched by other exchanges, Bitcoin options launched by BItOffer are more suitable for investors.