By cryptocrunchapp.com on November 25, 2020
Cryptocurrency exchange Binance is to offer options contracts for the world’s seventh largest cryptocurrency, litecoin. According to a blog post on Tuesday, the litecoin (LTC, +2.25%) contracts will go live on Wednesday at 07:00 UTC. The latest listing comes in response to user demand. Options are a type of financial instrument enabling traders to buy or sell an underlying asset at a predetermined price either before or on a particular date.