Binary options have become increasingly popular in the last 2 years. This type of trade has been desirable among new traders because they do not need to really buy anything, enough predictions whether the assets will go up or down within the specified time frame. The trade occurred in a short time frame (30 seconds, 1 minute, 5 minutes) but maybe months too. If traders are predicted to be wrong, they will obviously lose their money. If the merchant is true in his predictions, they will receive a payment of 80-85%, depending on the broker.
Binary options are sometimes referred to as ‘all options or none’, ‘digital options’, or ‘fixed return options’ (fros), which are traded on the American Stock Exchange.
Bitcoin (BTC) is a digital currency made and held electronically and no one controls it. “Bitcoin is an online payment system found by Satoshi Nakamoto, who published his discovery in 2008, and released it as open-source software in 2009. This system is a peer-to-peer; users can transact directly without requiring an intermediary. Verified by Node Network and recorded in public distributed ledgers called Blockchain. Large books using their own account units, also called Bitcoin. The system works without a single repository or single administrator, which has led the US treasury to categorize it as a decentralized virtual currency. Bitcoin is often called cryptocurrency first … “
Bitcoin as a currency in trading binary options
Bitcoin is now widely used currency and many trade platforms accept it as a payment method for their client’s trade deposits. There are many benefits of using Bitcoin as currencies. The first benefit is “the fact that the cost of the transaction is the lowest among all forms of online payment. This is the reason why Bitcoin is made from the start, to reduce the cost of online transactions. Because there is no Central Authority. Managing Bitcoin, there is no service fee paid when receiving or transmitting payments. “Another reason for traders to use Bitcoin as a currency is that Bitcoin itself can be traded and they can get additional bitcoin like that.
“By having all the trade transactions symbolized in Bitcoin, a trader is able to protect him from fluctuations in this crypto currency while at the same time producing more than the benefits obtained in trade.”
Bitcoin as a commodity in binary option trading
With the popularity of Bitcoin recently and reception as a currency, many binary option platforms began using Bitcoin as one of the trading currencies. So as an asset. Stocok see the value in BTC trade against a flat currency, especially compared to US dollars.
Today there are 2 main types of Bitcoin binary options platforms:
First Generation Broker – Binary Option Platform that allows Trade to Bitcoin
Second Generation Broker – platform that offers bitcoin Bitcoin funds and trade
First generation broker – broker that offers Bitcoin trading:
Coinut – only the Exchange platform bitcoin option; Programmed as strong and distributed on the Linux Coinut.com operating system
BTCCE – Bitcoin binary option trading platform; With or without registration, free hassle BTCels.COM
24 options – one of the first brokers to offer BTC as assets 24option.com
Second generation broker – Brokers that offer Bitcoin funds and trade:
Binary Platform Traderush – Receive BTC Traderush.com deposits
Nadex trading platform – BTC fund funds and allow BTC trade; Offering limited risk, short-term trade, transparency and full regulatory market Nadex.com
Satoshi Option Trading Platform – Receive BTC funds and allow BTC trade; Does not require account registration. Personal details. Near instant payments and services can be accessed from anywhere in the world of satoshioption.com