Cryptocurrencies

Crypto Options Traders Can Soon Target Bets on US Presidential Results

  • Deribit exchange to provide the options for Bitcoin and Ether
  • Contracts will expire three days after US presidential vote

The exchange is offering contracts that expire on Nov. 8, three days after US citizens cast their presidential ballots.

Photographer: Bing Guan/Bloomberg
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Crypto derivatives exchange Deribit is providing Bitcoin and Ether options that enable investors to customize bets for right after the conclusion of the upcoming US presidential election.

The exchange is offering contracts that expire on Nov. 8, three days after US citizens cast their presidential ballots. The options will be available July 18.