Binary Crypto Exchange Investments Ltd is a distinctive investment company offering investors access to investment opportunities in Binary option trading, cryptocurrency . Binary Expert Trading is one of the leading platforms in the United States offering binary options, Forex and spreads. Regulated by the CFTC and based in New York. It is also regulated by the IFSC of Belize, as well as the Cyprus Securities and Exchange Commission. What Are Bitcoin Binary Options? Bitcoin Binary Options is a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct you earn the option’s payoff, if you’re incorrect you lose your investment. Each Bitcoin binary option has a specific expiration date at which the option is checked to see if it’s “In the money” (you were correct) or “Out of the money” (you .
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Save my name, email, and website in this browser for the next time I comment. Sign in. Log into your account. Forgot your password? Password recovery. Recover your password. Get help. The second method is by using Bitcoin as an underlying asset. When it comes to using Bitcoin as a medium of exchange, traders will be trading the various underlying assets in financial markets with Bitcoin. So if their trade is successful, they will be paid in Bitcoin instead of fiat currencies like the U.
S dollar or Euro. You might be wondering why anyone would just want to accept Bitcoin when getting paid in U. S dollar as always been fine before. The first benefit of transacting in Bitcoin is the fact that the cost of transaction is the lowest among all forms of online payment. This is the very reason why Bitcoin was created in the first place, to lower the cost of online transaction.
Since there is no central authority managing Bitcoin, no service fee is paid when receiving or transmitting payment. Another key reason for traders to use Bitcoin in Binary options trading is to earn extra Bitcoin. Bitcoin by itself is traded and its value to the U. S dollar varies according to the demand for it. By having all the trading transactions denoted in Bitcoin, a trader is able to shield himself from the fluctuation of this crypto currency while at the same time earn more of it through profits earned in trading.
Nevertheless, it should be noted that this form of trading is however confined to binary brokers who will accept Bitcoin as a medium of exchange. In other words, there are only a limited number of binary options brokers which fall into this category.
Another method of trading Bitcoin with binary options is to regard Bitcoin as an underlying asset. As mentioned earlier, Bitcoin itself is traded on specialized Bitcoin Exchanges.
Its exchange rate in relation to the U. S dollar rises and falls in accordance to the demand for it. For example, during the Cyprus banking crisis in , loss of confidence in Euro led to investors switching their safe haven of wealth from the Euro to Bitcoin. This sudden surge in demand for Bitcoin helped to push its value up to almost on par with the value of gold prices. Because of this volatility, some binary brokers began introducing binary options contracts which tied to the value of Bitcoin.
Some brokers will now accept bitcoin as an account funding method.