# Welcome to BitOpex

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**Why BitOpex:** As there was only one major player in the market enjoying a monopoly over the crypto option derivatives market, BitOpex aims to disrupt this market and provide a superior alternative, thus breaking this monopoly.
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## Introduction

Why we believe there is a need for a Better Cryptocurrency Derivates Exchange.

> The rise of cryptocurrency trading has brought with it an increase in derivatives trading, with cryptocurrency derivatives trading currently outpacing spot volume by a staggering 300%.&#x20;
>
> \
> However, this growing market faces several challenges that hinder its progress.<br>
>
> — From the [why-bitopex](https://gitbook.bitopex.io/overview/why-bitopex "mention")
