New Binary Options Trading Service Takes Bitcoin-Only Payments

New Binary Options Trading Service Takes Bitcoin-Only Payments

A new service for financial options has launched a beta website for nine different binary options, including gold, silver and crude oil, plus six foreign exchange pairs. The offered currencies - euros, Australian dollars, New Zealand dollars, British pounds, yen, and Swiss francs - are all paired with the US dollar. Different than previous binary option offerings, the new service - which is called UpDown - processes payments and payouts in bitcoin only. With binary options, the trader selects the direction that the price of the underlying asset will move - either up ('call option') or down....


Related News

Bitcoin binary options are a simplified version of traditional options

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....

Types of Binary Options and How to Pick Them (Part 1)

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....

Binary Options: Golden Investment Opportunity for Bitcoin Users

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....

Everything You Need to Know About Bitcoin Based Binary Trading

In the world of online trading, bitcoins and binary options go hand-in-hand. Using these two together will continue to gain popularity. A few years ago (in 2008, to be exact,) there were two major innovations that entered the world of trading, and these two innovations changes the world of finances as we know it: Bitcoins and binary options trading. What is a Bitcoin? Simply put, a bitcoin is a form of digital currency. There is no physical entity of a bitcoin; instead, this form of currency relies on balances that exist on a public ledger that is encrypted with both public and private....

Binary Options: Intriguing Investment Opportunity for Bitcoin Users

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....