#firstdealofthenewyearAKEEL Crypto futures and options are financial instruments that allow investors to speculate on the future price of a particular cryptocurrency. Here's a brief overview of each: 1. Crypto futures: A futures contract is an agreement to buy or sell a particular asset at a predetermined price and date in the future. In the case of crypto futures, the asset is a cryptocurrency, and the contract specifies the price and date on which the cryptocurrency will be delivered and settled. 2. Crypto options: An options contract gives the holder the right, but not the obligation, to buy or sell a particular asset at a predetermined price and date in the future. In the case of crypto options, the asset is a cryptocurrency, and the contract specifies the price and date on which can be bought or sold. Both crypto futures and options can be used to hedge against potential losses or to speculate on future price movements. However, they also come with significant risks, including the potential for large losses if the market moves against the investor's position. It's important to note that crypto futures and options are not available on all exchanges or platforms, and they may be subject to specific regulations or restrictions in certain jurisdictions. Before investing in these instruments, it's important to do your own research and understand the potential risks and rewards. #firstdealofthenewyearAKEEL