[ANN] Coinut.com - The only Bitcoin Options Exchange [beta] - page 10.

wangxinxi

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Quote from: chriswen on August 10, 2015, 10:41:25 AM

So there's another futures and options exchange being launched.

quedex.net

They're implementing European options. Currently they only have weekly options (and it's currently fake in contest mode)

And everything is denominated in USDmBTC which is extremely annoying.

Good to see another one coming up. Let's educate Bitcoin users together.

chriswen

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So there's another futures and options exchange being launched.

quedex.net

They're implementing European options. Currently they only have weekly options (and it's currently fake in contest mode)

And everything is denominated in USDmBTC which is extremely annoying.

Indamuck

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Quote from: Indamuck on August 06, 2015, 11:24:58 AM

Quote from: chriswen on August 06, 2015, 12:01:57 AM

damn, that thread got deleted.

I spent a ton of time writing a reply and it got deleted and I didn't have a copy saved. And now I'd need to add up all the data again.

I wonder why it got deleted ... there are so few legit posts on this site. This place can be ridiculous sometimes. Well, ok, all the time.

It was deleted because I included a referral link. WTF?!? So much crap on this site, and I can't include a referral link to Coinut, in a thread about option trading strategies. Well, if you are bored and want a good laugh, here's me ripping into the mods:

https://bitcointalksearch.org/topic/mod-cyrus-is-an-ass-clown-1146165

Indamuck

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Quote from: chriswen on August 06, 2015, 12:01:57 AM

damn, that thread got deleted.

I spent a ton of time writing a reply and it got deleted and I didn't have a copy saved. And now I'd need to add up all the data again.

I wonder why it got deleted ... there are so few legit posts on this site. This place can be ridiculous sometimes. Well, ok, all the time.

chriswen

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damn, that thread got deleted.

I spent a ton of time writing a reply and it got deleted and I didn't have a copy saved. And now I'd need to add up all the data again.

Indamuck

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I started a new thread on trading strategies for prospective Coinut customers that may be new to options. Hope we can generate new interest and continue to grow volumes ...

https://bitcointalk.org/index.php?topic=1145168.new#new

wangxinxi

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Founder & CEO of Coinut.com, Litecoin Core Dev

Guys, now you can buy PUT options to insure the value of your Bitcoins through our new interface: https://coinut.com/insurance

You don't need to sign up or login. You just need to fill that form.

onewiseguy

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coinut OP advertising your platform with bitmedia.io will get you greater results reason being is you would be getting your site/ service in front of thousands of potential clients. please check out the official thread. Here the thread will answer most questions. but advertising with bitmedia.io you will be able to get the highest traffic quality by choosing your sources.

bitmedia.io is not just a buy ads and forget, you get real results.

chriswen

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Quote from: Monopoly on August 04, 2015, 05:36:56 AM

Do you give any leverage for trading ? how many is the maximum ?

I would classify Binary options as quite leveraged. There's a lot of profit potential. While it's also capped at 100% profit that's a lot. And what's great is that unlike future contracts you can't get margin called with binary options.

Secondly there is vanilla options contracts. Vanilla options have leverage built into them when you buy them. They're non linear products which means their is low downside risk but your upside is unlimited. With Vanilla contracts you might be getting 5x-50x leverage. Also make sure you take the premium into account and how much the price needs to move to break even.

wangxinxi

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Founder & CEO of Coinut.com, Litecoin Core Dev

Quote from: Monopoly on August 04, 2015, 05:36:56 AM

Do you give any leverage for trading ? how many is the maximum ?

Options themselves are already highly leveraged. You probably don't need additional leverage.

Monopoly

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Do you give any leverage for trading ? how many is the maximum ?

chriswen

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Quote from: Indamuck on August 03, 2015, 12:24:47 PM

Andy,

For a reference index you might take a look at XBX maintained by Tradeblock: https://tradeblock.com/markets/index

Bitmex just told their customers (in chat) that they are preparing to adopt XBX and will make the switch soon.

XBX seems to have only hourly ticks. It could be useful for settling daily, weekly, and biweekly binary and vanilla option contracts.

I'm not sure if it's well suited for the 30 minute options. And you sort of want a live feed for that to show estimated index.

Actually if you contact them they might have the live XBX feed.

leancuisine

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Quote from: Indamuck on July 31, 2015, 09:56:41 PM

Verify your details and send them to [email protected]

I've been using Coinut for several months, and have never experienced such a delay. Moreover they have been very responsive using the e-mail above. I expect you will have the same experience.

Sent them an email and they processed my withdrawals. Thanks for pointing that out.

wangxinxi

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Founder & CEO of Coinut.com, Litecoin Core Dev

Quote from: Indamuck on August 03, 2015, 12:24:47 PM

Andy,

For a reference index you might take a look at XBX maintained by Tradeblock: https://tradeblock.com/markets/index

Bitmex just told their customers (in chat) that they are preparing to adopt XBX and will make the switch soon.

It seems cool. I'll check whether this is reliable or not. Thanks.

Indamuck

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Andy,

For a reference index you might take a look at XBX maintained by Tradeblock: https://tradeblock.com/markets/index

Bitmex just told their customers (in chat) that they are preparing to adopt XBX and will make the switch soon.

Indamuck

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Quote from: leancuisine on July 31, 2015, 01:18:24 PM

My Bitcoin withdrawals has been processing for two days already, since July 29. Is there an approximate date for when it would be processed and sent?

Verify your details and send them to [email protected]

I've been using Coinut for several months, and have never experienced such a delay. Moreover they have been very responsive using the e-mail above. I expect you will have the same experience.

leancuisine

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My Bitcoin withdrawals has been processing for two days already, since July 29. Is there an approximate date for when it would be processed and sent?

chriswen

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I haven't traded in a while but you seem to have reverted to the scroll bars.

chriswen

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I'll try to do some math on it.

Personally I've been shorting slightly in the money put contracts. (they're in the money). Maybe that's a bad idea. Also I'm leaving significant headroom which means I'm making less gains on trading capital.

chriswen

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Well there's quite a disparity between buying options and selling options.

When you're buying options you basically get 10x to 40x leverage without risk of margin calls. But you have to pay a premium.

When you're selling options you might be getting 5 to 15% 'interest'. Your profit is capped out. And you can't utilize a ton of leverage. But you get to capture the premium. I think options are low risk for low profit. That's because of the safe margin limits.

So while you might be able to get consistent gains by selling options, there is big potential for gains when you purchase options. And that's why the person selling gets the premium. And that's also why they need to put up more capital.

Topic: [ANN] Coinut.com - The only Bitcoin Options Exchange [beta] - page 10. (Read 34182 times)