How Does a Deep In-the-Money Call Option Differ from Holding the Crypto Directly?

A deep in-the-money (DITM) call option has a high delta, meaning its price moves almost dollar-for-dollar with the underlying crypto, similar to holding the asset. However, the DITM option requires less capital outlay (only the premium) and has limited downside risk (max loss is the premium), unlike direct ownership which has a loss potential down to zero.

It offers leverage with defined risk.