Which Crypto Assets You Can Trade on BetFi

Nine assets are listed on BetFi's crypto options product: Bitcoin, Ethereum, BNB, Dogecoin, Polkadot, Polygon, Solana, Arbitrum and Optimism. They fall into four groups that behave differently — the two majors, the layer 2 tokens, the alternative layer 1 chains, and one asset driven almost entirely by sentiment. Knowing which group you are trading matters more than knowing the ticker.

Major Points Covered

• Nine assets across four behavioural categories, not nine equivalent choices.
• Bitcoin and Ethereum move on macro conditions and set the tone for everything else.
• Layer 2 tokens track Ethereum but with amplified swings.
• Alternative layer 1 chains move on their own ecosystem news.
• Dogecoin behaves unlike the other eight and should be treated separately.

Direct Answers to Common Questions

BetFi's crypto options product lists nine assets: Bitcoin, Ethereum, Binance Coin, Dogecoin, Polkadot, Polygon, Solana, Arbitrum and Optimism. They divide into four groups. Bitcoin and Ethereum are the majors, moving primarily on macro conditions and institutional flow. Arbitrum, Optimism and Polygon are Ethereum scaling tokens that follow Ethereum with larger swings. Solana, Polkadot and BNB are alternative layer 1 chains driven by their own ecosystem activity. Dogecoin has no comparable fundamental driver and moves on sentiment.

Understanding the Four Groups

Treating nine tickers as nine equivalent choices is the most common mistake. They are not.

The majors: Bitcoin and Ethereum. Deepest liquidity, largest market participation, and the assets institutional money actually holds. They move on macro conditions — interest rate expectations, dollar strength, broad risk appetite — more than on anything crypto-specific. When these two move, everything else follows.

Layer 2 tokens: Arbitrum, Optimism, Polygon. These are Ethereum scaling networks. Their tokens track Ethereum's direction but with amplified moves in both directions, because they are smaller and less liquid.

Alternative layer 1 chains: Solana, Polkadot, BNB. Each is a competing base blockchain with its own ecosystem. They correlate with Bitcoin during broad moves and diverge on their own news — a major application launching, an outage, a partnership.

The outlier: Dogecoin. No comparable fundamental driver. It moves on social sentiment and attention, which makes it the least predictable of the nine and the one where technical reasoning has the least grip.

Why Correlation Matters More Than You Think

Nine assets can look like nine chances to diversify. In practice they are far more correlated than they appear.

During a broad market move, most of these assets travel in the same direction at once. Taking positions on Solana, Polkadot and Arbitrum simultaneously is closer to one large position than to three independent ones.

The practical consequence: if you hold directional positions across several of these at the same time, you are concentrating rather than spreading. Correlation collapses toward one in exactly the conditions where diversification would help most.

What Actually Moves Each Group

Majors — interest rate expectations, dollar strength, ETF and institutional flow, and broad risk appetite. Crypto-specific news moves them less than most people assume.

Layer 2 tokens — Ethereum's direction first, then network-specific developments such as upgrade schedules, usage growth and token unlock dates. Unlock events matter disproportionately for tokens this size.

Alternative layer 1 chains — ecosystem activity, developer traction, network reliability. Solana in particular has historically moved sharply on both outages and application launches.

Dogecoin — attention. Social volume, high-profile mentions, and periodic retail waves. Fundamental analysis has very little to work with.

Liquidity Is the Practical Constraint

Deeper markets absorb larger positions without moving the price. Thinner ones do not.

Bitcoin and Ethereum sit at the top by a wide margin. BNB and Solana are next. Polkadot, Polygon, Arbitrum, Optimism and Dogecoin are meaningfully thinner.

For short-window options this matters less than for spot trading, since the platform quotes the payout. But it matters for the reference price itself, because thinner markets produce sharper and less predictable short-term movement — which is exactly the window a one-minute option resolves in.

Practical Notes for Choosing

• Start with what you already follow. Trading an asset whose news cycle you do not read is guessing with extra steps.
• Do not treat positions across correlated assets as diversification. Three layer 2 positions is one bet.
• Match the asset to the window. Thin markets move erratically over short horizons, which cuts both ways.
• Check unlock calendars for the smaller tokens. Scheduled supply events move them disproportionately.
• Treat Dogecoin as its own category. What works on the other eight has less purchase here.

The Boundary Worth Repeating

Crypto trading is not gambling and is not covered by BetFi's gaming licence. The options and futures products sit alongside the licensed casino, not inside it.

That means gambling-specific consumer protections do not automatically apply, tax treatment commonly differs — trading gains are frequently handled under capital gains rules rather than gambling rules — and disputes follow a different route entirely, because a gaming regulator has no jurisdiction over a trading product.

Your own jurisdiction may also treat these products differently again. Some restrict them.

How This Fits the BetFi Platform

BetFi lists these nine assets on its crypto options product, alongside the casino and sportsbook. The whitepaper describes crypto options as standing out for easy navigation, high payouts and low transaction fees, accommodating both new and seasoned traders.

Crypto options also carry rakeback at 1% of the wagered amount, matching the live casino rate rather than the 3% slots rate.

For the fee side, BFC holdings reduce transaction fees on the futures product across a seven-tier ladder running from 5% at 100 BFC to 60% at 2,500,000 BFC.

Frequently Asked Questions

Which crypto assets can I trade on BetFi?

Nine are listed: Bitcoin, Ethereum, Binance Coin, Dogecoin, Polkadot, Polygon, Solana, Arbitrum and Optimism.

Are these nine assets different from each other?

Substantially. They fall into four groups — majors, layer 2 tokens, alternative layer 1 chains, and Dogecoin — and each group responds to different drivers.

Does trading several assets at once spread my risk?

Usually less than expected. These assets are highly correlated during broad market moves, so simultaneous positions concentrate rather than diversify.

Which asset is best for a beginner?

The one whose news you already follow. Bitcoin and Ethereum have the deepest liquidity and the most available analysis, which makes them the most forgiving starting point.

Is crypto options trading covered by the gaming licence?

No. Trading is a financial activity under separate regulation, with different consumer protections and usually different tax treatment.