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How to Make Money Investing in Bitcoins with Binary Options
How to Make Money Investing in Bitcoins with Binary Options: The emergence of crypto –currency like the Bitcoin as one of the digital payment method has revolutionized the financial markets. The recent movements in the digital payment indicate that the Bitcoin holds a very bright future. Sooner rather than later, the Bitcoin has a potential to become one of the most preferred ways of digital payment on the Internet of Things. It is expected that people will start using Bitcoins for paying their grocery bills or buying an expensive mobile handset.
The holders of the Bitcoin, also known as the Bitcoin holders, are keeping a good care of their Bitcoins and they believe that the Bitcoin prices will start shooting in the upward direction. The value of Bitcoin has risen exponentially in the recent times and still, the expectation is that it will move higher from here, making it one of the preferred investment instrument. To safeguard their investment in the Bitcoin, the Bitcoin holders are moving towards binary options trading to mitigate their risk and improve their return on investment.
Before we jump onto the Bitcoin bandwagon, first, let’s understand about the Bitcoins
What Are Bitcoins?
In a simple term, they are a form of virtual currencies which came into existence in 2008. Since its creation, Bitcoins have gained momentum in their popularity and in turn have become a form of exchange for goods on certain online websites and in some cases, even on the offline stores. However, you must understand that they are not governed by any laws nor regulated by any government or banking authority.
Bitcoin has risen exponentially in the recent times
On some of the online websites, you can exchange the Bitcoins with the real money and vice a verse, just like any other regulated currency conversion. The major differentiating factor of the Bitcoin vis-a-vis the real money is that they do not have any physical presence and are only available in the digital format. So you cannot carry it like the dollar bill, but you can only store it on your computers.
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Claim your free binary option robot, get started with three easy steps:
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- Min. Investment
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1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.
2. The Binary Option Robot Will Predict the Price Movement
Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.
3. Decide on how much you want to Invest
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How Are Bitcoins Created?
Computers specializing in the Bitcoin mining are utilized for the creation of the Bitcoins the mining of Bitcoins is possible through solving certain algorithm problems. Each of the interconnected PC can contribute towards the unblocking of 25 Bitcoins. If you have played certain games having the life bar – which shows the available life from 0% to 100% and whenever a certain task is completed the gamers are awarded increased life, in the same way, when each of the interconnected PC starts mining Bitcoins they add value to the bar, and when the bar reaches 100% value than 25 Bitcoins are awarded to any one of the participants of the interconnected mining network.
Certainly, the majority of miners will not be able to get the newly mined Bitcoins and in case, they desire to have Bitcoins then they will have to purchase them from the open market. Currently, the Bitcoins are priced in the USD terms and if someone wants to acquire Bitcoins then he will have to exchange the Bitcoins with the USD.
Legality Of Bitcoins
Basically, the Bitcoins are random bits on the computer and hence it is hard to confine them within legality and illegality. The governments around the world might not prefer them as people might use them to avoid the taxes, however, the only way to curb the Bitcoins is by way of shutting down the internet completely which seems next to impossible.
But if you use your Bitcoins to purchase some offensive stuff like drugs then that is completely illegal since buying drugs itself is illegal. Then the laws of the land will prevail and no matter what form of currency you have utilized to accomplish the purchase, this is true even for use of USD for banned drug purchases.
Another important aspect of the Bitcoin is that it is absolutely impossible to confiscate the Bitcoins, as they are not available in the physical form. The virtual nature of the Bitcoins makes them vulnerable to online frauds however the offline confiscation is just not possible.
What Is Binary Options Trading?
Now as we know about the Bitcoins let’s understand the binary options trading in a nutshell. As mentioned in several of articles, the binary options are another financial concept of trading and investing which seems little abstract on the surface, however, it has some real world benefits attached to it.
Basically, the binary options trading is same as stock trading but has some clear distinctions. In the binary options trading, it allows to buy a call or put options on underlying assets instead of underlying itself. Meaning, in the stock market when you invest or trade, the amount of money you make or lose depends upon the movement of the stocks, however, in the binary options trading market when you invest or trade, the amount of money you make or lose does not depend upon the movement of an underlying rather it is predefined and fixed at the start of the trade. The increasing popularity of online trading and binary option robot has essentially led to the creation of various regulatory bodies with the primary objective to protect traders online.
They are no gray areas in the binary options trading. It has only two outcomes, either you receive the predefined amount as payout – in case your prediction turns out to be correct, or you lose your investment amount in the trade completely – in case your prediction turns out to be incorrect. One of the biggest advantages of the binary options trading is that your trade will be considered a winning trade even if the underlying moves by one PIP in the direction of prediction at the time of the expiry. The binary options trading allows you to buy either the call options if you think the underlying will move northward, or buy put if you think the underlying will move downward. However, the binary options trading does not allow to sell the binary options ensuring that your risked amount is limited. The gains in the binary options are predefined and informed to the investors before placing the trade on the underlying. It is clear from the above discussion that the binary options trading has fixed risk and fixed return associated with it.To promote the binary option robot trading system, there are several binary trading online portals out there.
In a nutshell, you are required to predict the direction of an underlying at the time of expiry and not the amount of movement. This makes it one of the simplest forms of trading and the biggest reason for its growing popularity. To trade the binary options, you do not need to know the financial jargons and anyone with the basic knowledge can enter into binary trading and make gains.In addition, remember that the robot does not work with the best binary options brokers, so if you want to take advantage of every good money making opportunity, it is also good to know at least a little bit about binary options and option signals.
binary options trading is same as stock trading
Trading In Bitcoins
There are basically two types of Bitcoin binary options broker: one which recognizes Bitcoin as a medium of payments, and others which use Bitcoin as an asset class. The first kind of binary options broker takes Bitcoin as a currency just like USD for all the financial transaction on their website, whereas, the second type of binary options broker, allows trading into Bitcoin just like gold or silver. So if you want to trading into the Bitcoins. Howede with the Bitcoin then you should go with the first type of broker, and if you want to trade into the Bitcoin then you should select the second type of binary options broker for trading.
Trading binary options using Bitcoins as currency
As discussed earlier, there are two ways to trade the Bitcoins in the binary arena. The first way is to utilize it as the preferred mode of currency. Meaning, as you can use USD, EUR or JPY as your preferred currency to trade in the binary options, you can also utilize the Bitcoins as your preferred mode of payments. In this scenario the virtual currency –Bitcoins, as any other currency like the USD, EUR, JPY, or any other legal currencies.
For example, you can directly invest 10 Bitcoins instead of investing $100 or £100 for buying the call or put options in the binary trading. On the winning trades invested by the way of Bitcoins, will also have payouts in the same virtual currencies. The brokerage house allowing such dealings will transfer the payouts of virtual currency directly into your account.
The advantage of utilizing the Bitcoins as the mode of payment in the binary trading is that you will not have to directly transfer your funds from the bank to the broker’s account, rather, you will just have to exchange your bank funds with the Bitcoins through the Bitcoins exchanger. This way your transaction stays completely anonymous and provides security from the other online frauds.
Example: let’s understand the Bitcoin trading with an example trade. Consider the following scenario:
- The current price of the Bitcoin is 300 USD per Bitcoin
- Your expectation is that the prices will move higher from here and might touch $310 in a weeks’ time.
Now, as any other underlying asset in the binary trading, you will have an option to purchase the call option of the Bitcoin provided the brokerage house offers to trade into Bitcoins. If the payouts of the call options offered is 70% and you had invested $ 100 in the call option then, if your prediction turns out to be true then you are rewarded with % 170 ($ 100 – your initial investment + $ 70 – 70% of invested amount), and if your prediction turns out to be not true then your total investment of $ 100 will be lost.
The aforementioned example clearly indicates that the Bitcoins can be traded as the same way as any other currency pairs in the binary trading arena.
Currently, only a handful of brokerage houses is offering to invest and trade in the binary options of Bitcoins. However, the ever increasing popularity of the Bitcoins will ensure that more and more brokerage houses will eventually start offering the Bitcoins as preferred currency pair/underlying assetas trading and investing opportunity.
The evolving popularity of the Bitcoins makes us believe that in a couple of years almost all the brokerage houses will start offering Bitcoins as an underlying asset unless and until the state governments will not impose any laws preventing the use of the Bitcoins. As discussed in the legality and illegality of the Bitcoins, the law authority does not have any control over the Bitcoin creations, however, they have control over the licensed brokerage company and they can have barred these licensed operators not to allow the Bitcoin trading. Still, it is very amateurish to predict the future move of the government in the lights of growing popularity of the Bitcoins and its trading.
Why Use Bitcoins For Binary Options?
The Bitcoins holder can take advantage of binary options using Bitcoins and turn their investments into profits. The Bitcoin trading in the binary options can be done through the online platforms provided by several brokers. The online platform makes the transacting into Bitcoins lot easier and absolutely convenient. Another biggest advantage is that the Bitcoins holder anonymously trades whenever and wherever they want. This is what makes the binary options trading the most advantageous for the Bitcoin holders – the anonymity ensures that they can take the benefit of their investment without worrying about any security concerns.
What Are Binary Options Broker?
With the growing popularity of the Bitcoins, now there are several binary options broker who facilitates the trading into the Bitcoins. However, most of the brokers who are facilitating the Bitcoins trading have included the Bitcoins as an underlying asset.
Before you jump onto the bandwagon, you must understand the technicality of the binary options trading and a selection of a right broker can make your life absolutely easier. The combination of Bitcoins and binary options together can give you a headache but with the right broker, the trading will be a cake walk. So you must analyze different brokers in order to understand which one allows trading into this crypto currency and which does not.
As discussed, there are two types of brokerage services, one which accepts the crypto currency as payment mode and the second which offers the Bitcoins as the underlying.
How Do Binary Options Work?
In the binary options trading, when you are placing the trade then you are actually trading against the broker. Meaning, unlike the stock exchanges wherein the exchange does not trade and only offers a platform for two separate entities to enter into the contract, while in the case of the binary options trading, you are betting against the broker and whenever you make money, the broker loses the same amount and vice a verse.
If binary options trading is restricted in your country then chances are that Bitcoin trading will also be restricted and hence, one should be aware of the prevailing laws of the land.
How Much Can You Make?
Binary options trading if done properly can make you lots of money at the same time if you do not adhere to right techniques and tactics then you might lose your entire capital. Generally, the payouts offered by various binary options broker ranges between 60% to 90%, meaning that you stand to gain between $ 60 and $ 90 on your investment of $ 100 on each trade. In all the binary options broker, if your prediction turns out to be incorrect then you stand to lose the 100 % of your investment amount, meaning if you have invested $ 100 in a single trade and your prediction turns out to be incorrect then you lose your entire $ 100.
This is the downside, however, it is not as much as you might lose on a leveraged trade in the stock market or forex market wherein you stand to lose more than you had invested. Also in the case of the binary options trading, you are well aware of your risk and rewards before placing the order which helps in mitigating the risk and better risk management.
Bitcoin Binary Options Broker Selection
As discussed, there is two type of binary options trading available for the Bitcoin holders. They can either select the brokerage house which accepts the Bitcoins as the mode of payment or selects the brokerage house which allows trading into Bitcoins or allows the Bitcoin as an underlying asset.
You will find several online brokers that offer binary options trading, however, not all the broker will be perfect for either Bitcoin investments or Bitcoin as an asset. If you want to maximize both the options, then you need to select the best available online binary options, broker.
The binary options broker which accepts the Bitcoins as a mode of payment is the perfect choice for the Bitcoin holders. These trading platforms promise easy cash in and cash out options. They also keep you anonymous but still give you plenty of chance for profits. You can also expect such brokers to be transparent and secure.
On the other hand, there are also some brokerage houses who offers Bitcoin as an underlying asset for investment. Some of these brokers are well regulated and have proven track records. They accept your investment in USD/EUR/JPY/GBP and allows you to predict the movement of Bitcoin currency in a real-time and profit from the trade in your preferred currency.
One such broker we recommend is the IQ Option. IQ Options is a licensed and regulated binary options broker which are owned and operated by IQ Option Europe Ltd. The brokerage house provides its own custom-built platform for the trading. The brokerage house allows more than 78 assets for trading including Bitcoins. The platform is available on both Android and IOS powered devices, making it very convenient for the customers who prefer to trade on the go. The brokerage house also provides state of the customer service center to their registered members. So if you want to trade into the movement of the Bitcoinsthen you can select the IQ Options as it provides the convenience and ease of trading through its custom platform.
Bitcoins is the most popular cryptocurrency on the internet at this point in time. Also, this crypto currency can be exchanged for the real money allows the fluctuations in its pricing in the dollar terms, making it a viable underlying asset for binary options trading.
However, as on today, there isa limited number of binary options broker which provides trading into Bitcoins. As explained in the article, due to the growing popularity of the Bitcoin as an underlying asset, they will be available for trading with almost all the binary brokers sooner rather than later. Currently, the most suitable binary options broker with regards to the Bitcoins as an asset is the IQ Options We recommend utilizing the services of the IQ Options if you are interested in trading the movement of the Bitcoin prices.
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Bitcoin Binary Options
The entry of Bitcoin into the world of digital payments has paved a way for other crypto-currencies to emerge as well. And whether you see it or not, the future of Bitcoin is as bright as the sun. Soon enough, Bitcoin will become a commodity and a standard form of money that people can widely use to pay for any of their purchases.
Bitcoiners are taking good care of their bitcoins because they believe that Bitcoin prices will skyrocket soon. For this reason, many Bitcoin owners are now opting to use Binary Options to improve their Bitcoin investments as much as possible.
Bitcoin will without a doubt become a mainstream currency in the near future. Trading binary options today will help you get the most out of your precious Bitcoins tomorrow. If you are not familiar with binary options, read along to know the basics, the drawbacks and more importantly its benefits.
What are binary options?
Binary options is a type of option wherein investments can turn into fixed amounts at a certain time frame or it can turn into nothing at all. Binary options allow traders to predict the volatility of assets whether the prices will rise or fall at a certain period of time. If the binary options prediction is correction, then traders will harvest profit. Otherwise, if the binary option prediction is incorrect, then the investor will incur an investment loss. Another form of the same thing are Bitcoin Prediction Markets – which are not limited to stocks or currencies – you can predict virtually everything.
Binary options basically means that you can either buy an option when the prices are up or when the prices are down for a given time. Binary options trades involve all or nothing bets.
Investors have the chance of possibly maximizing their investments if they make the right options. If their predictions are incorrect then they’ll lose everything they bet on. That is why binary options is also dubbed as all-or-nothing options, digital options and Fixed Return Options.
How does trading in binary options work?
Trading in binary options is pretty simple if you already understand how things work. You need to first select an asset you want to invest in and then make a prediction on whether that asset’s price will go up or down at some point in time.
Once you have decided on how to attack the assets, you then make a deal with the broker you are working with. After selecting the amount you want to risk, the broker will then provide you with projected profit (usually a percentage ranging from 60-90%) if your predictions are correct, otherwise you will lose everything you invested. So binary options trading is much simpler than regular crypto currency trading – but it also has the downside that there is just a option of win or loose your whole “portfolio”.
The best thing about binary options is that everything is initially laid out before you even commit to trades. So you really know what you’re getting yourself into before you invest any amount into an option.
The thing to remember when trading binary options is that there are expiry times that will ultimately work best for you. Depending on your preferences, you can trade for a short period of time or longer. The maturities of options will also vary depending on how long you set the expiry time to – you can set it to 60 seconds, 5 minutes or for hours whichever suits your option commitments. Once the binary options trade is locked in, all you need to do is wait for your options to mature.
Why use Bitcoin for binary options?
Bitcoiners who don’t want the effort to learn profitable trading on the crypto exchange markets, can take advantage of binary options to ease trading Bitcoins and turn their investments into profit. Trading Bitcoins using binary options can be d one through an online platform which makes transactions a lot easier and more convenient. Bitcoiners can trade any amount anonymously whenever and wherever they want to. That’s the best thing about all-Bitcoin binary options platforms – they facilitate anonymous trading activities.
There are different types of investments you can do with binary options.
Call and Put Options
The most common type is the Call and Put option. “Call” investments are when you predict that the price of the asset will rise at a certain time frame. “Put” investments on the other hand are assets that are predicted to fall in prices at certain point in time. Bitcoiners can choose to either place a Call or Put option investment through a binary option platform or brokers that accommodate Bitcoin trades.
One Touch Options
One Touch options on the other hand are high yield options. When trading using the One Touch method, you must be certain that the price of the asset you invested in will touch or even exceed the predicted price while the trade is still live. Otherwise, the amount invested will be lost. The main advantage of using such trading method is that expiry times usually run up to a week so there’s ample time for the prices to reach a touch scenario.
Range trading, sometimes called boundary option, is another binary options trading method that feature high returns in all market conditions. Range trading works by betting money with a given price range or boundaries. The investor either select whether the price will hit ‘in’ or ‘out’ of the price boundaries. Investors will profit or lose investment upon maturity depending on whether the price touched or did not touch one of the set boundaries.
10 Minute Options
Another common type of binary options trade is the 10 Minute options. Binary options brokers usually set their default time limit to 10 minutes. With such trading options everything must be extremely calculated – meaning you need to be familiar with the daily price movements in order to get the most out of your investments.
60 Second Options
60 second options are also popular but they offer lower investment returns since the trades are done in a fast paced state.
Long Term Option
Long-term binary options are much more preferred because they offer lesser risks. Traders will also have more time to analyse the movement of the prices with longer binary option commitments.
What are binary options brokers?
Bitcoiners can trade Bitcoins by using binary options brokers to facilitate trading activities. Since Bitcoin is now growing in popularity, many brokers have already added the crypto-currency to their assets.
Before you start trading for Bitcoins though, you need to first know the different types of brokers that can help you deal with all kinds of technical stuff about binary options and Bitcoins as well. Combining binary options and Bitcoins together will give you a headache but with the right binary option broker, things should be a lot easier to understand and follow. Note that not all binary option brokers trade for Bitcoins so it is important to determine which ones accept the crypto-currency and which don’t.
There are basically two kinds of Bitcoin binary options brokers: (Type 1) The ones that use Bitcoin as the sole medium of exchange, and (Type 2) those that use Bitcoin as the underlying asset. Type 1 Bitcoin Binary Option Brokers are those brokers that specifically trade for Bitcoins. If you have Bitcoins, you’ll want to trade using the Type 1 broker so as to maintain your privacy.
What risks are involved in trading binary options?
Like any other type of trading or gambling, binary options has its own pros and cons. Risks are a great part of trading in binary options. If you don’t like taking risks, then you won’t enjoy trading in binary options.
The risks you will encounter when trading in binary options are the following: market risk, fixed profits, high probability for loss, illiquid and unregulated (well, most brokers are). Since the market mightmove in a different direction without any warning, binary options predictions may not exactly go as planned or as analysed. And even if the market do pinpoint exactly to the movement you predicted, the gains are fixed profits – meaning, you get a fixed amount even if the broker makes more from your investment.
The biggest risk when trading binary options is the sparse regulation with such trading system. If you get involve with a broker that run unscrupulous practices, then you immediately incur an investment loss.
To minimize the risk of trading binary options, you need to choose a binary options broker that already has a reputation of providing protection rate and would help limit your losses. Make sure that you really like the broker’s platform and services / features before you work with him or her. This way, you will have the confidence of trading binary options knowing that you can control the risks that comes with it.
Is binary options investing or gambling?
When trading with a binary options broker, the investors are actually trading against that broker. Meaning, when the investors make a profit, the binary options brokers meanwhile loses money. Thus, trading binary options is both an investment and a way of gambling like bitcoin poker or bitcoin sport betting is, too.
Binary options is an investment in a sense that you can be profitable if you choose the right options. Binary options trades involve gambling because you either win big or lose everything.
It doesn’t really matter what binary options actually is – whether it’s profiting through investing or gambling is not the real concern here. What’s the real issue is which trading brokers are legit and which ones are scams.
If online gambling is forbidden or restricted in your country, chances are high that binary options might be illegal too – but its up to you to figure that out in your specific country. But as theres no way to restrict bitcoin transactions, you can of course use a VPN service to get a IP from another country and trade binary options over the VPN connection. Make sure you dont use a USA or UK IP address because these are the countries where most binary option brokers themselves have restrictions for the users. Of course, if you are from the US or UK, you know that already.
Can I trust my broker?
Binary options brokers are not easy to find – reliable binary option brokers for that matter. There are a lot of so-called binary option brokers on the internet today but most of them are actually scam artists. Which is why it is important to scrutinize the binary options brokers before you start trading with them.
There are precautionary measures that investors can do to make sure that they only transact with a credible options broker. First of all, don’t ever trade with a broker that operates in a country that does not have strong regulatory system. Make sure that the broker you engaged with operates within the jurisdictions of a country that acknowledges binary options trades.
The rule of thumb is if the binary options broker has a lot of complaints about him, then he is probably not a good broker to trade with so avoid using his services at all cost. Consider any negative comments as a warning sign indicating that the broker might be a scam artist or simply an incompetent binary options broker.
What better way to determine the credibility of the binary broker than to give his services a test run – that is if the broker is willing to offer you a trial test. See to it that the broker’s platform suits your binary options strategies. Most binary options brokers are registered with reputable companies and they are more transparent with their operations.
Investors may also check out forums to see any discussions about binary options scams. There are a lot of information you can get via forums and chat rooms from people that have Bitcoin binary options experience.
Is there really a best binary option strategy?
Investors can get better investment outputs by using a specific binary options strategy to improve their chances to be profitable. Note that there is really no perfect strategy and success will always depend on the economic stability. These binary options strategies are basically guides to help investors foresee how their investments will turn out.
One binary options strategy involves “Calling” or “Putting” at the best possible time. There is also the strategy of “right timing” to generate profit regardless of how skilled or not the trader is. A strategy that basically focuses on economic statistics can also help traders get better investment returns. Certain tools are also provided by the brokers to give the investors projected positions of their assets and their prices at a given time frame.
The simplest way to improve your chances to be profitable is to tune in to financial news and check out the market figures yourself. Use your technical analytis skills to determine which assets or stocks are making profit and then use such information to make the right binary options investment.
The best strategy to use is the combination of all binary options strategies. Remember that binary options involve risks so using all the possible strategies will surely provide investors with better trade outcomes.
How can I trade anonymously with Bitcoin?
To ensure that there are no money laundering and fraud taking place, registered and licensed binary options brokers need to confirm the identities of all their customers. This is an industry process called the “Know Your Customer” (KYC).
Since most brokers would ask investors / traders to provide a form of identification, those who want to maintain their privacy wouldn’t be able to trade with such brokers unless they compromise their identity.
Which providers allow deposit in Bitcoin?
The best way to avoid identity verification is to make use of binary options brokers that only accept Bitcoin as the mode of payment / deposit process. There are various Bitcoin-only binary options brokers out there which traders can use to start growing their investments.
Some of the all-Bitcoin binary options trading platforms include Trade Rush, AnyOption, Beast Options and Fortune Jack among others. Use these brokers to maintain your anonymity while trading Bitcoins. Here’s a list of brokers that accept Bitcoin deposits and withdrawals.
If you dont have any bitcoins yet, there are several ways of getting them. The easiest way is to buy bitcoins with creditcard at one of these websites.
Are Bitcoin binary options against the law?
So far, Bitcoin gambling is still legal in most countries. There are still no specific laws governing the activities associated with Bitcoin gambling. Brokers that accommodate Bitcoin trades exist because they operate within a jurisdiction where Bitcoin gambling / investing is legal.
As long as a Bitcoin binary options operator has a legit operating licence regardless of where it is based in, investors can be assured that all trading activities are 100% regulated. For Bitcoin platform operators, most of them have licences issued in Costa Rica, Eastern Europe and in Panama City.
For whom is binary options useful for?
Binary options isn’t for everybody. If you don’t like taking risks, then binary options is definitely not for you. Know that the price you’ll get with binary options is either $0 or with a maximum payout of up to 90 percent.
If you would like to invest into something that will give you high return on investments at a short period of time, then consider trading binary options. You don’t need to trade big too, most binary options brokers accept small bets to allow traders to get a feel of how their binary options platforms work.
With binary options, you can multiply your Bitcoins as long as you stick with a strategy that works. Remember, binary options involves prediction, timing, volatility and risk so simply use licenced binary options operators to avoid the hassle of being scammed or tricked by an unlicensed broker.
Bitcoin Binary Options
Bitcoin and binary options are two of the most popular industries online. But what if these two state-of-the-art fields have been rolled into one? Literally, Bitcoin binary options is the result. Though at first glance it’s a typical fusion of two technical words, this is absolutely more than that.
ALL BITCOIN BINARY OPTIONS TRADING SITES’ REVIEWS
- Beast Options— Powered by Tradologic, this premier trading platform also accepts Bitcoin as a mode of payment. Thus, Bitcoin traders can enjoy the amazing trading features and a professional trading environment with this ground-breaking Bitcoin binary options site.
- SatoshiOption— SatoshiOption provides a variety of categories for its traders to choose from. This Bitcoin binary options site is not just your typical trading site, but it also offers an outstandingly secure and safe trading environment with a modern platform and brilliant features.
- Winoptions— This Bitcoin binary options site claims to use one of the most professional and fair binary options platform online. It accepts all major credit cards and payment options, and it also boasts of the best customer support out in the market.
- BTClevels— BTClevels offer a complete secure and transparent way to earn money through Bitcoins. This bona fide Bitcoin binary options site uses listings and quotations that are taken directly from MTGox in real time; thus, traders can be assured of profitable betting experience.
- Traderxp— Since Traderxp is one of the most well-known binary options brokers, offering Bitcoin as a mode of payment has propelled this already infamous Bitcoin binary options site to new heights. With the advent of Bitcoin trading, traders have found more convenience with this new offering from Traderxp.
- Traderush— Bitcoin traders have another reason to trade because Traderush now supports Bitcoin. This binary options platform values private currency, and accepting Bitcoins opens its doors to a new market as well as new possibilities, especially since it now has Bitcoin mobile trading.
- Optioncentre— This Bitcoin binary options broker offers a top-quality trading and customer service to its clients worldwide. With Bitcoin trading, this binary options platform has no fees or commissions and offers simple and timely withdrawals.
- Anyoption – As one of the leading binary options brokers out in the market nowadays, this pioneering Bitcoin binary options site offers one of the best Bitcoin trading environments. It also offers marvelous features that any Bitcoin enthusiast won’t find elsewhere.
It is given that Bitcoin is certainly advantageous, and now its perks stretch to the fastest route to make money online – Bitcoin binary trading. Recently, binary brokers started to include these virtual currencies in their trading platform; and when the news breaks about the extreme price movement of bitcoins, demand for Bitcoin binary options soar up high.
Let’s define Bitcoin Binary Options Brokers:
Basically, this term can refer to two different things. First, it can pertain to Bitcoin being traded based on its Bitcoin exchange rate fluctuations or against other currencies. And second, it can also denote Bitcoin as a payment method just like Credit Cards, Wire Transfers, and others in binary options trading; though these are two diverse aspects, both boil down to the fact that Bitcoin captured the stage of this online industry.
Trading Bitcoin in Binary Options:
Predicting price fluctuation of an asset is definitely the very gist of trading Bitcoin binary option. And Bitcoin is absolutely a currency or asset that offers extreme volatility compared to others. This is mainly due to the supply as well as varying demand for bitcoins in the exchange markets and other significant factors.
Since Bitcoin price provides unstable fluctuations, this has whetted the appetite of binary option Bitcoin traders to include it in their own lists ‘hot assets’ to trade as this will give them profitable opportunities in every market movement of this currency, regardless of its scope. Hence, Bitcoin has been an in demand asset to trade versus other fiat currencies available in a trading platform.
Trading Binary Options using Bitcoins:
Aside from the fact that Bitcoin can be traded in binary Bitcoin, it can also be a mode of payment in the latter. Just like Bitcoin casinos and other businesses accepting these digital currencies, more advantages are offered and guaranteed:
- Transactions such as deposits and withdrawals will be more convenient since this can be done almost instantly as sending and receiving bitcoins can be compared to exchanging messages in the email or SMS.
- Anonymity and availability all over the world will be enjoyed since Bitcoins are decentralized in addition to the fact that these do not have any central authority.
- Just like credit cards, wire transfers, and other payment methods in binary trading, Bitcoin is assured to be safe and of course, secured.
- Much lower transaction fees will be collected; therefore, you get the most of your every bitcoin in your trades.
Trade with Bitcoins or trade bitcoins in the binary platform, either way,Bitcoin binary options will surely make trading with the latter most accommodating and advantageous. With this opportunity given to you in all its glory, it is better to be prompt to seize this chance of boosting your profits by simply making smart trading decisions to turn your simple investments to big success.
Trading Bitcoin in Binary Options using Bitcoins
If you thought that you are only limited to either investing in bitcoin in Binary options or trading options using Bitcoin, then try not to be surprised to find out that you can combine the two and have a far more convenient, exciting, and rewarding trading sessions at any time of the day! Since the bitcoin binary options brokers are so popular among traders from around the world, the market is growing on weekly basis with additional brokers which accept both bitcoin trading and bitcoin payments solutions.
Treat BTC as your preferred asset and invest in it with a few millibitcoins. Buy more contracts anonymously and receive profits straight to your Bitcoin wallet in just a few seconds by trading binary options with Bitcoin!
More Bitcoin binary options trading platforms are filling in the space in the Bitcoin trading market, and this is evidently a positive sign not just for professional and avid traders, but also for the novice ones who simply want to partake in the budding opportunity in the financial and cryptocurrency sectors.
Through this, you as an investor will have a taste of the best of both worlds: earn bitcoins while trading Bitcoin binary options.Best Binary Options Brokers 2020:
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