Trade binary options with bitcoin,binary trading sites with low deposits,free stock trading platforms,how to trade binary options on nadex youtube - Try Out

09.06.2014 admin
In essence Bitcoin is a digital currency, which is no physical entity, but rather exists as balances on a public ledger encrypted with both public and private keys.
Created by a mysterious individual or a group of individuals known as “Satoshi Nakamoto”, Bitcoin was designed to facilitate online payments without a centralized authority.
Binary options are a type of financial derivative where the payout of the option is designed to be a fixed amount.
Sensing a new opportunity with Bitcoin and binary options, some innovative brokers have come up with ways to trade binary options and Bitcoin together.
When it comes to using Bitcoin as a medium of exchange, traders will be trading the various underlying assets in financial markets with Bitcoin.
You might be wondering why anyone would just want to accept Bitcoin when getting paid in U.S dollar as always been fine before.
Another key reason for traders to use Bitcoin in Binary options trading is to earn extra Bitcoin. 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.
Another method of trading Bitcoin with binary options is to regard Bitcoin as an underlying asset. For example, during the Cyprus banking crisis in 2013, loss of confidence in Euro led to investors switching their safe haven of wealth from the Euro to Bitcoin. As mentioned earlier, there are two types of binary brokers dealing with Bitcoin Binary options. Type 1 Bitcoin binary brokers are those brokers who offer trading opportunities in Bitcoin binaries with Bitcoin as the underlying asset. 24Option is one of the first few binary option brokers that are regulated by the Cyprus Securities Exchange Commission (CYSEC). This is another leading binary option broker that is offering Bitcoin as an underlying asset.
Launched in 2011, TradeRush has been credited as the broker who first introduced 60 second binaries to the binary options trading community. In this category of binary options brokers, the brokers that are listed here use Bitcoin as the medium of exchange.

They claimed to be the “world’s first Binary Option trading platform that accepts the Bitcoin currency”. Drawing prices streamed from bitstamp, BTC Oracle allow traders to trade in the fluctuations of Bitcoin prices using binary options. Once the timeframe has been chosen, traders will then be offered a price multiplier which will in turn determine how they will earn if they close in the money.
BTC has declined by over 5% during the past 12h, a relatively large move during what has become a fairly quiet 2 weeks of trading.
One was the introduction of the financial derivative called binary options, which impacted online retail trading.
Because of the anonymity that it offers and its decentralized nature, Bitcoins have started to become popular as an alternative means of a safe haven for wealth. The first benefit of transacting in Bitcoin is the fact that the cost of transaction is the lowest among all forms of online payment. Bitcoin by itself is traded and its value to the U.S dollar varies according to the demand for it.
In other words, there are only a limited number of binary options brokers which fall into this category.
This sudden surge in demand for Bitcoin helped to push its value up to almost on par with the value of gold prices.
For the sake of convenience and clarity in this article, they are classified into Type 1 and Type 2 Bitcoin binary brokers.
Established since 2008, Anyoption is regarded as a pioneer in the binary options trading industry.
Apart from offering traders the opportunity to trade in Bitcoin prices, Satoshi Option also offer traders several other types of underlying assets to trade in.
The other was the introduction of a payment system using the crypto-currency called Bitcoin.
So if their trade is successful, they will be paid in Bitcoin instead of fiat currencies like the U.S dollar or Euro.
This is the very reason why Bitcoin was created in the first place, to lower the cost of online transaction.

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. For the benefit of readers, we have compiled below a list of this type of binary brokers (Type 1 Brokers) that are reliable and popular among traders. Because of this volatility, some binary brokers began introducing binary options contracts which tied to the value of Bitcoin.
At present, there are only a handful of binary options brokers that are offering Bitcoin as an underlying asset. Although they are not regulated by any regulatory authorities, they have managed to attract a loyal of following of loyal traders largely due to the extensive portfolio that they are able to offer for trading.
The benefit for traders here apart from the profit of a successful trade is that they get to earn the binary options broker’s Bitcoin as well. Altogether, there are 9 different types of bitcoin binary options contracts offered, 5 types of currencies, 3 types of commodities and one market index. It is because of the simplicity of how binary options works that make them so popular among the small time retail traders. Since there is no central authority managing Bitcoin, no service fee is paid when receiving or transmitting payment.
In other words, Bitcoin is traded just like any underlying assets that we find listed on most binary brokers’ platforms. Prices of the options area derived from a combination of prices streamed from Bitfinex,Bitstamp, Okcoin and BTC-E.
These companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA). We warn US citizens of the dangers of trading with such entities and strongly advise that they take legal advice on this in the US.

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