Blockchain.com rolls out crypto options as it pursues US derivatives licenses

Blockchain.com has added options trading to its platform, letting eligible users buy call and put contracts on seven crypto assets: bitcoin, ether, SOL, HYPE, AVAX, XRP and TRX. The launch, announced by the company, caps expiries at one week and is available only in supported jurisdictions.

Trades are funded upfront in USDC through the firm's Trading Account, and the amount paid for the contract represents the maximum the user can lose. According to Blockchain.com's support documentation, positions must be held until expiry and cannot be sold or closed early. The minimum premium is $5, excluding any applicable fees.

How the flow works

Users pick an expiry date and a target price, enter the amount they want to commit and review the order before confirming. Blockchain.com then maps that view onto the corresponding call or put option, handling the contract mechanics behind the scenes.

"We've designed the Blockchain.com options experience around the decisions that matter: where traders think the market is going, when they think it will get there, and how much they are prepared to put behind that view," said Taro Ugen, VP of Consumer at Blockchain.com. He added that the company absorbs the complexity in the background so users get a simpler route into "a powerful trading service with clearly defined risk."

The options rollout follows the company's application earlier this month for US regulatory licences covering prediction markets and crypto derivatives. Blockchain.com already offers prediction markets through Polymarket and perpetual futures through Hyperliquid, though those products are available only to certain international users.

The structure positions the exchange's options product as a defined-risk alternative to leveraged perpetual futures, with the premium acting as a hard ceiling on losses and no early exit available once a position is opened.