Are there any platforms for trading bitcoin derivatives that members here have had a lot of experience with?
A short explanation of their fee structure would be greatly appreciated as well. Links to previous threads welcomed.
Thanks
I have read about what is called a "CFD" or contract for difference. It works very similar to a straddle in the options market as it will pay out based on how far from a certain price that bitcoin is trading at the maturity date. It does not matter if the price has gone up or down or both, if the CFD is based on a $600 price and the price is now $500, it will payout $100, and would receive a similar payout if the price is now $700.