Call options</strong></a> <strong>come into play when the price of an asset is expected to grow</strong>. That&rsquo;s when buyers make the call purchase. On the other hand, investors sell calls when it seems like asset prices will experience a decrease in value in the not so distant future;</li>\n<li>Meanwhile, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-put-option/">put options</strong></a> are defined as <strong>sell orders that show if an option holder is prepared to liquidate their position</strong>. In essence, call options and put options are the opposite of each other;</li>\n<li>The <strong>strike price</strong> is the <strong>fixed price at which the digital asset is traded</strong>;</li>\n<li><strong>Greeks</strong> are <strong>specific symbols that allow to establish and evaluate the risks of options trading</strong>. For example, theta, also known as time decay, shows a change in direction of an option&rsquo;s value and time. 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The trade occurs online through OTC-specific networks such as Kraken OTC and Coinbase Prime. Participants can trade various financial instruments such as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-derivative/">derivatives, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-equity/">equities, and debt instruments among many others.&nbsp;</p>\n<p>Additionally, if an asset is not eligible to be listed on a centralized exchange, it can be easily traded over-the-counter. Thus, this option is appealing to traders with small securities that don&rsquo;t fill said requirements.</p>\n<p>It&rsquo;s especially appealing to private buyers, sellers, and other parties linked to huge transactions that have the power to impact the overall market and elements related to it. Additionally, OTC trading<strong> offers better prices and more flexibility</strong>. Plus, it operates well in areas where cryptocurrency exchange is prohibited.&nbsp;</p>\n<p>OTC trading <strong>heightens <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-liquidity/">liquidity and enhances trading flexibility </strong>in the global financial sector.</p>\n<p>Companies going bankrupt or the ones that can&rsquo;t keep their stock above a certain price per share aren&rsquo;t able to buy or sell on a centralized exchange. Therefore, OTC trading is a great solution for them.&nbsp;</p>\n<p>In order to find OTC-specific networks to trade in, users can look through electronic listing services. An example of this is <strong>the OTC Bulletin Board (OTCBB)</strong> which is not accessible any longer.&nbsp;</p>\n<p>Risks are associated with OTCs due to their decentralized nature. Possible issues involve<strong> poor liquidity</strong> when buying and selling in high amounts. Not to mention, only the involved parties are aware of the prices since they remain private throughout the trading process. This could potentially result in <strong>uneven trading grounds</strong>.&nbsp;</p>","level":"easy","meta_title":"What is Over-the-Counter (OTC) Trading? 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It&rsquo;s based on decentralized <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-peer-to-peer-p2p/">peer-to-peer (P2P)</strong></a> interactions and runs on <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum&rsquo;s blockchain.&nbsp;</p>\n<p>There are over 200 categories of these digital goods including exclusive in-game items, virtual worlds, digital art, trading cards, collectibles, decentralized domain names, or other virtual assets in the form of a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-non-fungible-token-nft/">non-fungible token (NFT)</strong></a>.</p>\n<p>It&rsquo;s important to keep in mind that these rare digital goods listed on OpenSea do not belong to the marketplace itself. The OpenSea marketplace allows its users to buy and sell through the use of smart contracts.&nbsp;</p>\n<p>Whenever a trade happens between a buyer and seller, the purchased NFTs are sent straight to the buyer&rsquo;s wallet of choice.</p>\n<p>Moreover, anyone can sell on the OpenSea platform. In situations where the seller also trades on other marketplaces, OpenSea allows the seller to continue to trade on its platform only if the digital goods are in their wallet.</p>\n<p>The platform accepts over 200 different payment options, although the default payment options are Ether (ETH), USD Coin (USDC), and Dai (DAI).</p>\n<p>Additionally, the OpenSea platform allegedly takes <strong>the lowest fee on the market at the moment which is 2.5% of every purchase</strong>.</p>\n<p>Cryptopunks, Axie Infinity, CryptoKitties, Bored Ape Yacht Club, and many other well-established NFT projects are available on the OpenSea marketplace.</p>","level":"easy","meta_title":"What is OpenSea? 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Crypto Terms: Letter O

What is Options Market?

Options Market MEANING:
Options Market - is a market where one can trade cryptocurrencies at a specific price or time.
Easy
1 minute

Let's find out Options Market meaning, definition in crypto, what is Options Market, and all other detailed facts.

An Options Market is a market that’s accessible to the general public where traders can buy or sell options. It’s regulated by the guidelines of the US or Europe. 

When it comes to the crypto sector, an options market is where traders can trade digital assets at a predetermined price and time.

Before entering the options market, it’s important to understand the terms below, especially when it comes to the differences between call options and put options:

  • Call options come into play when the price of an asset is expected to grow. That’s when buyers make the call purchase. On the other hand, investors sell calls when it seems like asset prices will experience a decrease in value in the not so distant future;
  • Meanwhile, put options are defined as sell orders that show if an option holder is prepared to liquidate their position. In essence, call options and put options are the opposite of each other;
  • The strike price is the fixed price at which the digital asset is traded;
  • Greeks are specific symbols that allow to establish and evaluate the risks of options trading. For example, theta, also known as time decay, shows a change in direction of an option’s value and time. On the other hand, delta indicates how the asset’s price changes against one dollar. There are 5 Greeks in total within an options market.