What are Hibt Options and How to Use This Feature? – Hibt

Hibt Options allow traders to predict the future price direction of cryptocurrencies. Each option represents a trader’s prediction of a “yes” or “no” outcome. If the prediction is correct, the trader earns a profit; if incorrect, the trader loses the option premium.

Currently, you can trade BTCUSDT call and put options on the Hibt app. The available assets may be adjusted periodically based on market interest and regulatory requirements.

How to Trade Hibt Options:

Step 1: Choose Your Asset

After logging into your Hibt account, go to [Options] and select the asset you want to trade.

Step 2: Set Expiry Time

Choose your preferred expiry time for the option:

3 minutes
5 minutes
10 minutes
60 minutes

Step 3: Input Your Trade Amount

Enter the amount you wish to trade (minimum order size is 2 USDT). You will see the potential payout in USDT, which represents the possible profit from the option trade. The option amount (amount you pay) is equal to the potential loss.

Step 4: Choose Your Direction

Decide whether the price will go up or down at the expiration:

• Select Call: If you think the price will increase

• Select Put: If you think the price will decrease

Step 5: Review and Confirm

Review the trade details and click Confirm to submit your order.

Step 6: Wait for Option Expiry

Once submitted, wait for the option to expire. You can monitor real-time updates via the candlestick chart.

Step 7: Check Closed Orders (After Expiry)

After the option expires, go to [Closed Trades] to view the results: