Blockchain.com has added cryptocurrency options trading to its consumer Trading Account, allowing eligible users to buy short-dated Bitcoin, Ether and five other crypto options with losses capped at the amount paid upfront in USDC.
The product, announced Oct. 20, 2026, brings an options order flow into Blockchain.com’s app after the company introduced perpetual futures earlier this year. Users select an expiry date, choose a target price and enter the amount they want to commit. The platform then identifies the corresponding call or put option before the user reviews and confirms the trade.
At launch, the service covers Bitcoin (BTC), Ether (ETH), Solana (SOL), Hyperliquid (HYPE), Avalanche (AVAX), XRP and TRON (TRX). Blockchain.com said it displays live market prices inside the trading interface and will initially offer expiries of up to one week.
The structure gives users a way to take a short-term directional position without borrowing funds through margin. A buyer of a call option is positioning for the underlying asset’s price to rise, while a put buyer is positioning for it to fall. In both cases, Blockchain.com said the premium paid in advance from the user’s Trading Account is the maximum potential loss.
Upfront USDC payment replaces margin exposure
Options on the platform are funded upfront in USDC, according to Blockchain.com. That approach differs from leveraged perpetual futures, where a trader’s position can remain open as prices move and may require additional collateral to avoid liquidation.
The distinction is practical for users trading volatile assets over short time frames. Someone buying an option knows the cost of the position at the time the order is placed. The trade can still expire without value if the market does not reach the selected target price under the contract’s settlement terms, but the buyer does not face losses beyond the original amount committed.
Blockchain.com’s design also limits the product to purchased options rather than option-writing strategies. Selling options can expose a trader to substantially larger and, in certain structures, theoretically unlimited losses. The company’s consumer flow instead centers on selecting a price view and paying a defined premium.
The company said its options must be held through settlement. Users therefore cannot exit an active position early through the product’s initial version, a restriction that makes the selected expiry and target price especially consequential. A one-week contract leaves little time for a market view to play out, particularly in assets where sharp moves can reverse within hours.
Seven assets available in the first rollout
Bitcoin and Ether give the product exposure to the two largest crypto assets by market capitalization, while the inclusion of SOL, HYPE, AVAX, XRP and TRX expands the offering to a more varied group of large and actively traded tokens.
That selection may appeal to users seeking a defined-cost way to trade around short-term token-specific events, broader market moves or technical price levels. Yet the same features that make weekly options accessible can make their outcomes unforgiving. The underlying asset must move in the anticipated direction and sufficiently far relative to the option’s target price before settlement for the contract to generate a favorable result.
Blockchain.com did not describe the full range of strike prices, settlement mechanics or contract pricing methodology in the announcement. Its stated workflow indicates that users begin with an expiry and target price, while the platform maps those choices to the relevant call or put contract.
Live pricing in the app could make it easier for users to compare the cost of different trade ideas, but the premium will reflect more than a simple prediction about direction. Options prices generally incorporate the underlying asset’s market price, time remaining until expiry and expected volatility. Short-dated contracts can lose value quickly as expiration approaches when the market fails to make the expected move.
Consumer apps move beyond spot trading
The launch places another derivatives product alongside Blockchain.com’s existing consumer trading offerings. Perpetual futures, which the company introduced earlier in 2026, are designed for leveraged exposure and do not have a fixed expiry date. The new options product takes the opposite route on duration, offering contracts of no more than one week and requiring users to pay the full cost at entry.
That combination gives the company both a leveraged perpetual product and a capped-risk directional product within its Trading Account. For active users, the choice will likely turn on whether they prefer the open-ended exposure and collateral requirements of futures or the pre-set cost and fixed settlement date of an option.
The rollout also shows how consumer-facing crypto platforms are packaging derivatives into simpler interfaces. Traditional options screens often require users to navigate strike tables, premiums, implied volatility and contract specifications. Blockchain.com’s description emphasizes a sequence of expiry, price target and trade amount, reducing the number of decisions presented before the order review.
Simplifying the order path does not reduce the underlying market risk. Buyers must still judge whether a token can reach the relevant price by the specified settlement time, and the mandatory hold-to-settlement rule removes the ability to close a winning or losing trade before expiration.
Availability depends on jurisdiction
Blockchain.com said the options service is available only to eligible users in supported jurisdictions and remains subject to applicable laws and regulatory requirements. Derivatives access often differs by country, even when spot cryptocurrency trading is available, because options and futures can fall under separate licensing, disclosure and customer-eligibility rules.
The company said it was founded in 2011 and has supported more than 95 million wallets and 44 million confirmed accounts. It also reported more than $1.1 trillion in cryptocurrency transactions and operations across more than 70 jurisdictions. Those figures were provided by Blockchain.com.
For users who qualify for the new service, the immediate trade-off is clear: options can limit losses to a known USDC amount, but short expiries and a hold-through-settlement requirement leave little room to revise a market view after the order is placed.
Want to trade options with clear risk limits? Learn the essentials in our guide to what is options trading today.
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