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Capitalize on Bitcoin and Ethereum price action with Nadex Knock-Outs, hedge against price declines, and gain 1:1 price movements without needing to own the coins.

Key benefits

Hedge crypto

Hedge against price declines in Bitcoin and Ethereum using Knock-Outs to short the underlying market.

Effective leverage

Capture price action and gain 1:1 exposure to the token without needing to own the asset.

Built-in protection

Knock-Outs have a clearly defined profit target and stop loss level built into the contract. You always know your max profit and loss before entering a trade.

How to trade crypto Knock-Outs

Use our interactive, real-world demonstration below to learn how to trade crypto Knock-Out contracts.

The current price of Bitcoin is $20,000.

There will always be 4 Knock-Outs to choose from. No matter if you’re bullish or bearish you can select a Knock-Out with the optimal risk/reward ratio.

For this example we’ll look at the highest and lowest Knock-Outs.

Do you think the price of Bitcoin will go up or down? Choose your option below.

Crypto Knock-Out contract specifications

Bitcoin Ethereum
Tick value $1 $1
Minimum tick size 1 1
Number of contracts 4 4
Range $500 $250
Expiration Weekly or when knocked out Weekly or when knocked out
Position limit 10 10
Underlying market Nadex BTC Index Nadex ETH Index
Settlement Cash-settled Cash-settled
Trading hours 23/5 (Sun-Fri)* 23/5 (Sun-Fri)*

*Nadex is open for trading from 6pm ET Sunday through 4:15 pm ET Friday, excluding end-of-day processing hours which occur between 5pm and 6pm ET on Monday through Thursday.  See full details for trading hours and holiday schedules.

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