Options Trading Guide for Beginners: How to Trade BTC & ETH Options on App and Web

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Options trading offers a powerful way to hedge risk or speculate on cryptocurrency price movements without directly owning the underlying assets. This comprehensive guide walks you through everything you need to know about trading Bitcoin (BTC) and Ethereum (ETH) options—step by step—on both mobile and web platforms. Whether you're using the app or desktop version, this tutorial covers fund transfers, account setup, and executing call and put options with clarity and precision.

What Are Cryptocurrency Options?

An option is a financial contract that gives the holder the right—but not the obligation—to buy or sell an asset at a predetermined price on or before a specific date. In crypto options, the underlying assets are typically major cryptocurrencies like BTC and ETH.

There are two main types:

On supported platforms, these options follow European-style exercise rules—meaning they can only be exercised at expiration, but can be traded anytime before expiry.

Key features include:

👉 Discover how to start options trading in minutes with an intuitive interface.

Step 1: Fund Transfer

Before opening any options position, you must transfer funds from your main wallet to your trading account.

Mobile App

  1. Open the app and tap 【Assets】.
  2. Select 【Fund Transfer】.
  3. Choose your desired currency (e.g., USDT).
  4. Transfer from 【Funding Account】 to 【Trading Account】.
  5. Enter amount and confirm.

Web Platform

  1. Log in to the website.
  2. Click 【Trade】 > 【Derivatives】 > 【Options】.
  3. Go to 【Assets】 > 【Transfer】.
  4. Select asset (e.g., BTC) and move from 【Funding Account】 to 【Trading Account】.
  5. Confirm transfer.
💡 Tip: You can also access fund transfer via the trading page by clicking the settings icon in the top-right corner.

This step ensures your trading balance reflects available capital for opening positions.

Step 2: Account Settings Configuration

Proper configuration enhances control over your trades.

Mobile App

Web Platform

These settings determine how prices and positions appear, helping tailor the experience to your strategy.

Step 3: Buying Call Options (Bullish Outlook)

When you expect prices to rise, buying a call option allows you to benefit from upward movement with limited downside risk.

Professional Mode (T-Chart View)

Ideal for experienced traders:

  1. Navigate to 【Trade】 > Select BTC/USDT.
  2. Switch to 【Options】 mode.
  3. Choose 【Professional Mode】, select BTC as the underlying.
  4. Click 【Call】, pick an expiration date, then choose a strike price.
  5. Set leverage type: Isolated or Cross Margin.
  6. Use Limit Order, enter price and quantity, then click 【Buy】.

Simplified Trading (Beginner-Friendly)

For new users:

  1. Select 【BTC Simple Option】.
  2. Pick expiration date and tap 【Call】.
  3. Choose strike level from dropdown.
  4. Review estimated P&L and other metrics.
  5. Enter quantity and confirm.

📌 Example Contract Format:
BTCUSD – 20250625 – 30000 – C

  • BTCUSD = underlying
  • 20250625 = expiration (June 25, 2025, 16:00 HKT)
  • 30000 = strike price
  • C = Call (P = Put)

👉 Start practicing options strategies with real-time data and low fees.

Managing Your Call Option Position

After opening a position, monitor and manage it effectively.

Selling to Close (Exit Trade)

To lock in profits or cut losses:

  1. Go to 【Positions】 tab.
  2. Select the open call option.
  3. Tap 【Close】, input price and amount.
  4. Confirm sale.

Alternatively, use 【Market Close All】 for instant full exit during volatile markets.

Checking Open Orders

Monitoring Holdings

Once filled, positions appear in the 【Positions】 list showing:

Step 4: Selling Put Options (Bearish Strategy)

Selling a put generates income if you believe the market will stay flat or rise slightly.

On Mobile & Web

  1. In options trading view, switch to 【Put】.
  2. Select expiry and strike price.
  3. Choose margin mode (Cross/Isolated).
  4. Place a Limit Sell Order with desired quantity.
⚠️ Note: Selling options requires margin since you assume obligation if assigned.

Closing a Short Put

To exit:

  1. Go to 【Positions】.
  2. Find your short put contract.
  3. Click 【Close】, enter buy-back price and volume.

You can also use simplified mode (Simple Options) or navigate directly via expiry-date filters for faster execution.

Frequently Asked Questions (FAQ)

Q1: What is the difference between American and European options?

European-style options—like those offered here—can only be exercised at expiration, while American options allow exercise anytime before expiry. However, you can close your position anytime before maturity through trading.

Q2: Can I trade ETH options too?

Yes! The platform supports both BTC and ETH as underlying assets with identical setup processes and expiration cycles.

Q3: What happens when my option expires in-the-money?

Profitable contracts are automatically exercised at 16:00 HKT on the expiration day. Loss-making ones expire worthless with no action required.

Q4: Why didn’t my order fill?

During high volatility, liquidity may drop temporarily. Consider adjusting your limit price or using market orders cautiously.

Q5: Is there a demo mode for practice?

Yes, simulated trading environments are available for users to test strategies risk-free before going live.

Q6: How is margin calculated for short options?

Margin depends on volatility, time to expiry, and distance from current price. The system calculates required collateral dynamically based on risk exposure.

Final Tips for Success

Options offer leverage and strategic flexibility—but require understanding of risks involved.

👉 Access advanced charting tools and real-time volatility data today.

With proper preparation and disciplined execution, crypto options can become a valuable part of your investment toolkit—whether you're hedging spot holdings or speculating on price swings. Take time to explore all features, practice in simulation mode, and gradually build confidence in live markets.