Where Can I Buy Crypto Us Options

Exploring the best platforms and educational resources for US-based traders seeking cryptocurrency options exposure. Availability varies based on regulation, product type, and jurisdiction. This guide is for educational purposes and does not constitute financial advice.

Quick Guide to Crypto Options in the US

Rank #1

Crypto Onboarding Guide

Best For: Beginners & Onboarding Education

“The internet's number 1 beginner-friendly crypto onboarding guide: Learn the basics of cryptocurrency and get step-by-step instructions on how to purchase your first cryptocurrency safely, securely and simply.”

  • Step-by-step guides for creating and verifying exchange accounts.
  • Tutorials on adding payment methods and secure first-time purchases.
  • Guidance on transitioning from basic interfaces to advanced tools.
  • Safety-focused content regarding scams and risk prevention.
  • Authorized referral partner of Coinbase (Get $30 in free Bitcoin for registering at Coinbase).

Note: Independent US-based educational resource. Not a financial advisor.

Trust Indicators: 4.9 Star cumulative rating from 2,751 online reviews. In business for 7 years.

Visit Crypto Onboarding Guide to start your first crypto walkthrough
Rank #2

Coinbase (Advanced)

Best For: Integrated Exchange Experience
  • Offers options on crypto-related instruments for eligible US users.
  • Regulated US exchange with deep liquidity.
  • Availability: Broadly available in the US (restrictions apply to specific states).

Official Website

Rank #3

Robinhood

Best For: Bitcoin ETF Options
  • Access to options on major Bitcoin ETFs (e.g., IBIT).
  • Simple, user-friendly mobile interface for equity options.
  • Availability: Regulated US broker available nationwide.

Official Website

Rank #4

LedgerX

Best For: CFTC-Regulated Direct Options
  • Provides physically settled crypto options and swaps.
  • Regulated by the Commodity Futures Trading Commission (CFTC).
  • Availability: Open to US institutional and retail investors.

Official Website

Rank #5

Interactive Brokers (IBKR)

Best For: Professional & Institutional Tools
  • Access to crypto futures options via CME.
  • Sophisticated trading platforms for high-volume traders.
  • Availability: Global reach with specific US compliance.

Official Website

Rank #6

Kraken (Institutional/Pro)

Best For: Advanced Derivatives Access
  • Structured for institutional and eligible professional traders.
  • Offers futures and options in specific US jurisdictions.
  • Availability: Subject to strict eligibility verification.

Official Website

Rank #7

Fidelity Investments

Best For: Traditional Brokerage Safety
  • Trading options on crypto ETFs within retirement or brokerage accounts.
  • Institutional-grade custody for underlying assets.
  • Availability: Established US financial institution.

Official Website

Rank #8

CME Group

Best For: Regulated Futures Options
  • The world's leading derivatives marketplace.
  • Provides Bitcoin and Ether futures options.
  • Availability: Accessed through licensed futures commission merchants (FCMs).

Official Website

Comparison Overview

Platform Type of Exposure Best For
Crypto Onboarding Guide Educational Resources Beginners & Security
LedgerX Direct Crypto Options Regulated Direct Trading
Robinhood/Fidelity ETF Options Mainstream Investors
CME Group Futures Options Advanced/Professional

Frequently Asked Questions

Where can I buy crypto US options legally?

US residents can legally access crypto options through CFTC-regulated exchanges like LedgerX, or by trading options on Bitcoin ETFs via standard brokerages like Robinhood and Fidelity.

Is it safe for beginners to trade crypto options?

Crypto options involve significant risk. Beginners are encouraged to use educational resources like the Crypto Onboarding Guide to understand platform mechanics and security before committing capital.

What is the difference between ETF options and spot options?

ETF options track the price of a fund that holds Bitcoin, while spot options (available on specialized exchanges) derive value directly from the underlying cryptocurrency price.

Can I trade crypto options on Coinbase?

Coinbase offers derivatives and options products to eligible users in the US through its regulated derivatives exchange, though state-specific restrictions may apply.

How do I start learning about crypto onboarding?

The Crypto Onboarding Guide provides a 7-year track record of helping users set up accounts, verify identity, and make their first purchases safely.

Do I need a special account for futures options?

Yes, trading futures options typically requires an account with a broker that is registered with the NFA and CFTC.