Deribit

Video Tutorial

Bitcoin Options – Payoff in dollari o in BTC

Features

beeTrader connects to Deribit through its APIs, without any other software installed on your machine. By using this broker you have access to historical data, futures and options on the most common crypto-currencies, Bitcoin and Ethreum..

Warning: please be sure the date and time on your pc exactly matches the current date and time before trying to login, with a tolerance of less than 1 minute. It’s possible to synchronize the pc date and time through the Windows control panel.

Notes about Payoff with Deribit

Cryptocurrencies in Deribit have their values quoted against the US Dollar. If for example we own 1 BTC, we will note that our portfolio amount in USD changes, while the portfolio amount in BTC won’t change at all.
When creating options strategies or when hedging the crypto-portfolio with futures or options, there’s a need to evaluate the strategies both in BTC/ETH and in USD.
With beeTrader you can select with just a couple of clicks whether to see them in cryptocurrency or in dollars.
In the following video you will see that the Payoffs of the strategies or the single options are different from how we are accustomed to see them in other assets just because they have an exchange value that to the closing of the position could be different from the initial exchange value and therefore do not have a linear but curvilinear design. Watch the video and you’ll understand better what I mean…

Bitcoin Options – Payoff in dollari o in BTC