Access crypto derivatives at Crypto.com

Nadex's crypto derivatives allow traders to potentially profit and hedge against price movements in a fully trading regulated environment. You can also implement a wide-range of trading strategies with our defined risk contracts.

Key benefits

Hedge crypto

Hedge against price declines and short the underlying market using UpDown Options.

Effective leverage

Capture price action and gain exposure to a token without needing to own the asset itself.

Built-in protection

UpDown Options have a clearly defined profit target and stop loss level built into the contract. You always know your max profit and loss before entering a trade.

How to trade crypto UpDown Options

Use our interactive, real-world demonstration below to learn how to trade crypto UpDown Option contracts.

The current price of Bitcoin is $20,000.

There will always be 4 UpDown Options to choose from. No matter if you’re bullish or bearish you can select an UpDown Option with the optimal risk/reward ratio.

For this example we’ll look at the highest and lowest UpDown Option levels.

Do you think the price of Bitcoin will go up or down? Choose your option below.

Cryptocurrency Contract Specifications

Bitcoin
Tick value $1
Minimum tick size 1
Number of contracts 4
Range $500
Expiration Weekly or when floor/ceiling touched
Position limit 250
Underlying market Nadex BTC Index
Settlement Cash-settled
Trading hours 24/7*
Ethereum
Tick value $2.50
Minimum tick size 1
Number of contracts 4
Range $100
Expiration Weekly or when floor/ceiling touched
Position limit 250
Underlying market Nadex ETH Index
Settlement Cash-settled
Trading hours 24/7*
Litecoin
Tick value $1
Minimum tick size 0.05
Number of contracts 4
Range $5
Expiration Weekly or when floor/ceiling touched
Position limit 250
Underlying market Nadex LTC Index
Settlement Cash-settled
Trading hours 24/7*
Bitcoin Cash
Tick value $1
Minimum tick size 0.10
Number of contracts 4
Range $10
Expiration Weekly or when floor/ceiling touched
Position limit 250
Underlying market Nadex BCH Index
Settlement Cash-settled
Trading hours 24/7*
Dogecoin
Tick value $1
Minimum tick size 0.000025
Number of contracts 4
Range $0.0025
Expiration Weekly or when floor/ceiling touched
Position limit 250
Underlying market Nadex DOGE Index
Settlement Cash-settled
Trading hours 24/7*
Avalanche
Tick value $1
Minimum tick size 0.005
Number of contracts 4
Range $0.50
Expiration Weekly or when floor/ceiling touched
Position limit 250
Underlying market Nadex AVEX Index
Settlement Cash-settled
Trading hours 24/7*
Chainlink
Tick value $1
Minimum tick size 0.004
Number of contracts 4
Range $0.40
Expiration Weekly or when floor/ceiling touched
Position limit 250
Underlying market Nadex LINK Index
Settlement Cash-settled
Trading hours 24/7*
Polkadot
Tick value $1
Minimum tick size 0.002
Number of contracts 4
Range $0.20
Expiration Weekly or when floor/ceiling touched
Position limit 250
Underlying market Nadex DOT Index
Settlement Cash-settled
Trading hours 24/7*
Bitcoin
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Every 20 minute starting at 11:20pm on Friday; Friday's final expiration at 4pm
Contract Duration 20-minutes
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 17
Position Limit 25000
Settlement Currency USD
Bitcoin
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Hourly, Saturday 1am-Friday 4pm
Contract Duration 2-hour
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 40
Position Limit 25000
Settlement Currency USD
Ethereum
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Every 20 minute starting at 11:20pm on Friday; Friday's final expiration at 4pm
Contract Duration 20-minutes
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 1.30
Position Limit 25000
Settlement Currency USD
Ethereum
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Hourly, Saturday 1am-Friday 4pm
Contract Duration 2-hour
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 3
Position Limit 25000
Settlement Currency USD
Litecoin
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Every 20 minute starting at 11:20pm on Friday; Friday's final expiration at 4pm
Contract Duration 20-minutes
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.085
Position Limit 25000
Settlement Currency USD
Litecoin
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Hourly, Saturday 1am-Friday 4pm
Contract Duration 2-hour
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.20
Position Limit 25000
Settlement Currency USD
Bitcoin Cash
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Every 20 minute starting at 11:20pm on Friday; Friday's final expiration at 4pm
Contract Duration 20-minutes
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.24
Position Limit 25000
Settlement Currency USD
Bitcoin Cash
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Hourly, Saturday 1am-Friday 4pm
Contract Duration 2-hour
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.6
Position Limit 25000
Settlement Currency USD
Dogecoin
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Every 20 minute starting at 11:20pm on Friday; Friday's final expiration at 4pm
Contract Duration 20-minutes
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.00006
Position Limit 25000
Settlement Currency USD
Dogecoin
Expirations (Eastern time) Friday 11pm
Open time (Eastern time) Hourly, Saturday 1am - Friday 4pm
Contract Duration 2-hour
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.00015
Position Limit 25000
Settlement Currency USD
Avalanche
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Every 20 minute starting at 11:20pm on Friday; Friday's final expiration at 4pm
Contract Duration 20-minutes
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.01
Position Limit 25000
Settlement Currency USD
Avalanche
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Hourly, Saturday 1am - Friday 4pm
Contract Duration 2-hour
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.025
Position Limit 25000
Settlement Currency USD
Chainlink
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Every 20 minute starting at 11:20pm on Friday; Friday's final expiration at 4pm
Contract Duration 20-minutes
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.008
Position Limit 25000
Settlement Currency USD
Chainlink
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Hourly, Saturday 1am - Friday 4pm
Contract Duration 2-hour
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.02
Position Limit 25000
Settlement Currency USD
Polkadot
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Every 20 minute starting at 11:20pm on Friday; Friday's final expiration at 4pm
Contract Duration 20-minutes
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.003
Position Limit 25000
Settlement Currency USD
Polkadot
Open time (Eastern time) Friday 11pm
Expirations (Eastern time) Hourly, Saturday 1am - Friday 4pm
Contract Duration 2-hour
Trading Hours 24/7*
Contract Value $10
Tick Size 0.1
Tick Value $0.10
Number of Strikes 9
Strike Width 0.008
Position Limit 25000
Settlement Currency USD

*Crypto derivatives open for trading at 11pm ET on Friday and expire at 4:15pm ET the following Friday. Please note, Crypto UpDowns will expire early if the floor or ceiling is touched beforehand.