Are you putting all your life savings into bitcoin expecting the price to rally higher? Or are you taking bets on a price plunge using complex derivatives?
Either way, I have a little tip for you.
There's another way to trade the controversial cryptocurrency and it involves new regulation from New York which was finalized last week.
This could create an interesting price quirk and allow arbitrage trading - exploiting price differences between similar financial instruments. New York-based coins could be priced at a different level than their international counterparts. If the new regulation spreads to further U.S. states. then the opportunities would increase yet further.
Arthur Hayes, the co-founder and CEO of BitMEX, a bitcoin mercantile exchange, told CNBC via email that New York coins could trade at a premium of 2 to 5 percent.