In What Common Cryptocurrency Derivative Markets Are American-Style Options Typically Traded?
While European-style options are more prevalent on major centralized crypto exchanges, American-style options are often found in the Over-The-Counter (OTC) markets or on certain specialized decentralized finance (DeFi) platforms. These options cater to institutional traders or those seeking greater customization and the flexibility of early exercise.
They are less common in the retail-focused, standardized exchange environment.