Assets, Ethereum

Can You Buy Ethereum Options on Robinhood?

Yes, you can buy Ethereum options on Robinhood. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum’s blockchain is the most widely used blockchain in the world. It is a public, permissionless blockchain that anyone can access and use.

The Ethereum blockchain is powered by the native cryptocurrency, Ether (ETH).

ETH is the second-largest cryptocurrency by market capitalization and is used to pay for gas, the fees charged for processing transactions on the Ethereum blockchain.

NOTE: WARNING: Trading Ethereum Options on Robinhood is a high-risk activity that may result in financial loss. Before trading, it is important to understand the risks associated with this type of transaction and to be fully aware of the potential for losses. In addition, investors should also be aware of the terms and conditions of Robinhood as they may change from time to time, and any changes may affect their ability to successfully trade Ethereum Options on the platform.

Options are a type of derivative contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a certain date. Options are traded on exchanges and can be bought and sold OTC (over-the-counter).

Ethereum options are settled in ETH, meaning that at expiration, the option holder will receive ETH if the option is in-the-money, or they will pay ETH if the option is out-of-the-money.

Robinhood is a commission-free stock trading platform that also offers crypto trading. Robinhood launched crypto trading in February 2018 with 4 coins: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).

In May 2019, Robinhood added support for Ethereum Classic (ETC).

You can trade ETH options on Robinhood with expirations from 1 day to 3 months. Robinhood does not charge commissions for options trades.

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