Lighter Adds 15-Minute Bitcoin (BTC), Ether (ETH) Binary Options
Photo: TokenPost
Lighter’s Core exchange had 15-minute binary options tied to Bitcoin (BTC) and Ether (ETH) active Oct. 19, offering traders fixed-payout contracts on short-term crypto price moves. Traders select Up or Down for each 15-minute window. A market settles Up if the ending price is equal to or higher than the starting price; otherwise, it settles Down. Each winning share pays 1 USDC, while a losing share pays nothing. Positions must be funded in full with USDC. The contracts have no leverage or liquidations, and a trader can lose the amount paid for a share. Lighter supports market and limit orders.
Also reported by The Defiant, Coincu.
Source: TokenPost
