Rabbit Option
Last updated
Last updated
What are Rabbit Option?
Options are financial derivatives that give holders the right, but not the obligation, to buy or sell an underlying asset at a predetermined price and date.
There are two types of options: Call and Put Options. Purchasing a Call Option gives the holder the right, but not the obligation, to buy the underlying asset at an agreed-upon date and time.
Meanwhile, a Put Option gives the holder the right, but not the obligation, to sell the underlying asset at an agreed-upon date and time.
Traders typically enter into a Call Option when they anticipate an increase in the underlying assetβs price and a Put Option when they expect the underlying price to decline.
How To Use Rabbit Option?
Step 1: Select the coin you want to predict the price range for BTC - ETH - RabbitF (coming soon) Step 2: Choose the price range you want to bet on Step 3: Enter the amount of usdt - RabbitF token you want to bet Step 4: After 12 hours from placing the bet, if the price is in the range you choose, you will receive a reward according to the corresponding %.
If the price is outside the range you selected, you will be charged the corresponding %. Step 5: Claim Reward and the token set.