Binary Options Bring ‘Immense’ Opportunity for Bitcoin Users
CoinTelegraph spoke with Damian Cišek, the CEO of BitPlutos, the first binary options platform for Bitcoin, about what binary options can bring to Bitcoin, how it compares to forex trading and whether they can help the industry grow in the digital world. The trading of binary options is essentially predicting whether an asset price will go UP or DOWN over a period of time. A trader purchases an option and if the trader predicted the move correctly at the end of the option period, it generates approximately 70-80% return on the trader's investment. If the trader was wrong, the investor....
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Binary options are an alternative trading method that seems to be thriving within the cryptocurrency ecosystem. Many binary options platforms provide access to stocks, indices, commodities and foreign exchange, as a high-low binary, in which customers open their positions in relation to what will be the price move within a certain period of time. This is because the option runs on a certain period which means it has an expiry time and also a strike price. Binary Options are extremely simple to use and by using the adequate strategy it can turn out to be a very profitable activity. As said....
For traders who work with binary options, there is a new investment opportunity available that many savvy investors are looking into. With the popularity of binary options on the rise paired with the popularity of bitcoins becoming a popular form of currency, it was really just a matter of time before the two paired up. Several new and some of the old top rated binary options brokers have started to allow traders to use bitcoins for investment. Some of the new binary options trading sites are now only allowing payments and payouts with bitcoins. Binary options trading involve traders....
Binary options are an alternative trading method that seems to be thriving within the cryptocurrency ecosystem. Many binary options platforms provide access to stocks, indices, commodities and foreign exchange, as a high-low binary, in which customers open their positions in relation to what will be the price move within a certain period of time. This is because the option runs on a certain period which means it has an expiry time and also a strike price. Binary Options are extremely simple to use and by using the adequate strategy it can turn out to be a very profitable activity. Thanks....
Bitcoin Binary options are a simplified version of traditional options. Instead of estimating multiple details at once, binary options streamline the estimation process and allow an investor to make one decision: will an asset increase in price by a given date? Binary options limit loss potential, and are a great place to start for options beginners. They can be traded on FOREX, NADEX, and CBOE (Chicago Board Options Exchange). Investors can purchase options that expire several hours in the future, weeks, or months. Different than previous binary option offerings, the new service which is....
Decentralized Finance never ceases to amaze with records as more platforms gain success in this field. The decentralized Binary options platform and exchange Value Network stepped into the DeFi area and gained unmatched success in two days. Reimagined with the help of blockchain technology, Binary options seem to become a no-brainer for new users. The […]