Binary Crypto Exchange Investments Ltd is a distinctive investment company offering investors access to investment opportunities in Binary option trading, cryptocurrency . 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 . Although the risk when trading Binary Bitcoin is fixed for each individual trade, plus one can never ever generate a negative balance, it is possible to lose all one's deposited money with one trade.
Bitcoin binary tradeHow to Trade Bitcoin Binary Options | Binary Trading
The first method is by using Bitcoin as a medium of Exchange. 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. It is a simple way that anyone can make money off different financial markets. The mechanics of binary options trading are accessible to both novice and expert Forex traders.
Today, binary options have become very popular, with many people transitioning across from Forex in a bid to derive profits from this unique and highly profitable trading vehicle.
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Bitcoin Mining is a peer-to-peer computer process used to secure and verify bitcoin transactions payments from one user to another on a decentralized network. With help from our teams, contributors and investors these are the milestones we are looking forward to achieve. Sign up to Join Login. What is Binary Option Trading Binary Option also referred to as Digital Options, Binary Options became available as a method of investing in the financial markets in Users First Our users come first, and all your data remain private and secured.
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