In this guide, we will introduce several binary options brokers that offer cryptocurrency trading and talk about how to trade bitcoin and altcoins on their sites. Bitcoin was invented in It is a cryptocurrency, meaning that it is a digital currency with no physical form. There are a number of reasons why the world is fascinated by BTC and altcoins, and why you might consider investing in them:.

More and more binary options websites are offering Bitcoin trading. Here are a few to consider. IQ Option originally launched in Cyprus in , and was previously a pretty standard binary options platform.

While the company still offers binary trading, it has branched out mainly into offering CFDs. Here are the basic steps to trading Bitcoin or other cryptocurrencies on IQ Option. Once you submit the order, you will be in the trade, and it will be listed under your open positions. Binomo is a binary options site which has been in existence since In addition to Bitcoin and other normal cryptocurrencies, Binomo features a unique asset called the Crypto IDX, which you can trade.

But, with several binary brokers to choose from, deciding which trading platform is ideal for you may be difficult. We looked at various variables while evaluating each binary broker, including payouts, minimum deposits, regulation, asset selection, payment methods, and trading markets. Binary options trading systems allow you to earn profit by trading a variety of commodities. A broker with all the essential features is helpful to make your trading process easier.

Selecting the perfect binary options broker might be difficult with so many options available. However, this article will assist you in selecting the best broker platform to begin your trading career. We are specifically mentioning that brokers accept Bitcoin. Read ahead to get the best options. Pocket Option , which was established by Gembell Limited, first entered the binary options industry in , and since then, it has built a name for itself. This broker is regulated by the International Financial Market Relations Regulation Center IFMRRC.

Despite the fact that binary options trading has a negative image due to the significant risk associated, Pocket Option is among the most trustworthy platforms in the market. Pocket Option provides trading possibilities to hundreds of traders across the world, with more than tradable assets accessible and a variety of payment options to suit foreign investors.

Pocket Option accepts a variety of easy and secure payment ways, and you can also take the benefits of cashback and other trading benefits to make the transaction even easier. You may trade binary options right away with this broker. It is compatible with Android, iOS via Pocket Option app, Windows, and web browsers that allow you to trade binary options right away. You only need to fix a time range for yourself and make a guess if the asset values are greater or less at the endpoint than it was at the time of prediction.

You can also fix your timer for at least 60 seconds. You may select the expiration time for up to 4 hrs if you enjoy trading extended games. Pocket Option offers its users a variety of benefits, such as zero commission on withdrawals and deposits, more than payment options, signals and indicators, commodity trading, high profits, and bonuses. Pocket Option accepts a variety of payment options for both deposits and withdrawals. There are zero costs or charges involved. Select your preferred method and the sum you wish to deposit.

You may also use a promotional code to deposit money into your account. You have the option of selecting the bonus amount. However, please remember that the bonus is contingent on the money you invest. There are also requirements to use a bonus. Enjoy quick payments with easy minimum withdrawals.

Based on our research, Pocket Option is among the best broker in all terms. BinaryCent is a fantastic trading platform with plenty to offer. com website after your initial login.

A brief tour illustrates how extensive options for users are available on this platform. The minute you enter the website, you will notice different links on the top left that will take you to the trading tools like tips of technician analysis, chart patterns, and economic announcements.

The BinaryCent trading section is big and prominent on the site, with a large chart. Choose the candle format if you need a fully customizable charting package.

Binary Cent features an expanding collection of assets. You can pick between equities, cryptocurrencies, commodities, and FX pairings.

Intraday, long-term, and turbo strategies can all be used to trade with them. Intraday trading lasts anywhere from one to twenty-four hours.

It permits a trader to take advantage of all price changes in a single day. Long-term trading refers to contracts that have a duration of one to thirty days. The forex CFDs are the mainstay of this platform. It allows you to trade binary options using Fx as the underlying asset, which is a bit different from other trading brokers.

Due to their cheap least commitment levels, BinaryCent is quite popular. The option to copy the top experienced traders is one of the finest aspects of the BinaryCent. You may explore and select the traders you wish to follow, then imitate their trading techniques in a single click. This social trading tool is highly beneficial for newbies who are still learning how to trade binary options. The platform allows easy withdrawals with a myriad of methods, including Bitcoin.

It has a lot of impressive features, including 1-hour withdrawals, 10 cents minimum trade amount, a wide range of deposit methods, weekend trading, and generous bonuses. Bitcoin, Alt Coins, Ethereum, Perfect Money, and MasterCard are just a few of the deposit options available at BinaryCent.

The remaining withdrawal options are free of transfer costs. The term Bitcoin binary options may sound like an overly technical term, but the term is an offshoot of options trading. Options trading is an all or nothing wager. You will either win or lose. This is different than standard options, which allows you to purchase a financial product.

A standard option would have a strike price where you could buy a security before the option expires. You cannot do this with Bitcoin binary options. The payouts on binary options trading depend on the platform used.

Bitcoin binary options are considered a form of gambling due to the volatility of digital currencies. This is unlike standard cryptocurrency trading, where one good buy can make up for months of downswings. Trading in Bitcoin binary options is much simpler than trading in traditional Bitcoin. To get started, find a legitimate trading platform and register for an account. Once registered, all you need to do is fund your account.

Most trading platforms will allow you to purchase options using either fiat or cryptocurrency. You can usually deposit using credit cards, e-Wallets, and even your bank account. Odds are you will have an easier time depositing at an options platform as they are not classified as online gambling sites. After making your deposit, pick the options you wish to trade-in. Most sites focus exclusively on Bitcoin, while others will allow you to trade in Litecoin, Ethereum, and other popular altcoins.

Options range from 30 seconds to as much as a week or longer, depending on the trading platform. Once your options are placed, just sit back and wait for the option to expire. One major downside to trading in Bitcoin binary options is that many fraudulent sites are offering the product.

There are a few things you can do to help weed out these scams:. Licensing — First, check to see if a site is licensed by the Cyprus Securities and Exchange Commission, the Commodity Futures Trading Commission, or another primary licensing authority.

Bitcoin binary options trading has quickly become one of the most popular and potentially profitable investing methods. The value of bitcoin in relation to other currencies typically USD varies wildly almost from minute to minute, making it very interesting from a binary options point-of-view. Buying actual currency or using CFDs on longer time spans should also be considered highly interesting options.

There are now also brokers that accept bitcoin, and other cryptocurrencies, as deposit methods. So traders can fund their account, and be paid out, in Bitcoin or Ethereum etc. Find Out More. However, if your prediction is correct, you get back your initial payment plus a pre-determined pay-out. The volatility and unpredictability of Bitcoin make it a particularly interesting investment proposition for aspiring traders, with generous winnings available if you can accurately predict the market.

BTC binary options traders will typically find several contract options available at the top brokers and exchanges. Importantly, which product is most suitable for you will depend on your investment approach and strategy:. Not all brokers and exchanges that offer Bitcoin binary options are created equal. With that in mind, there are several factors to consider…. Firstly, which platform offers the best pay-outs and potential winnings on BTC contracts?

Also, what is the minimum deposit requirement? Some even accept Bitcoin payments. Other elements to consider are whether the online broker is regulated. There are multiple scams operating in the binary options and crypto space.

With that in mind, a firm that holds a license with a trusted financial agency, such as the CySEC, can provide peace of mind.

Technical traders may also want to check how intuitive and user-friendly the mobile and desktop trading platform is. Finally, some brands offer enticing sign-up bonuses. These welcome deals can include free trading capital and cash rebates. Just check withdrawal terms and conditions before signing up for an account.

For fundamental investors, this will mean keeping abreast of market developments, such as new regulatory restrictions on the use of cryptos, or announcements that a company plans to offer Bitcoin payments. This will help you take out the right contract to capitalize on the expected rise or fall in the value of BTC. Technical traders may prefer to rely on charts and indicators. The best Bitcoin binary options brokers offer interactive charting with a host of drawing and analysis tools.

This can help you identify patterns and trends, allowing you to choose a suitable binary options contract. Tip: trial a trading strategy on a free demo account first. This can help you validate your approach and make any refinements before investing real cash. One of the key advantages of Bitcoin binary options contracts is that you know expected winnings and losses before taking a position.

However, for newbies, selecting the right strike price and expiration can prove challenging. Select targets that maximize your chances of profit while minimizing your risk exposure. This evaluation should be based on the plan you define in step two.

Then once you are familiar with how binary options and pay-outs work, you can try more advanced contract options. While some contracts you can leave until expiry to see whether you win or lose, others may allow you to close your trade early if the market moves against you. Similarly, if the market is trending in your favor, you may want to consider closing your position early to protect your winnings. Importantly, check contract terms and conditions first because options may have rules and stipulations about early exits.

Trading Bitcoin binary options successfully takes practice. So look for ways to sharpen your skills and learn from your past mistakes.

Seek the knowledge of experienced investors by joining forums or look for a provider that offers social trading capabilities. Free paper trading accounts are another opportunity to improve your skills in a risk-free environment before investing money.

BTC binary options are some of the most straightforward crypto trading assets. For beginners, they offer a straightforward proposition with risk and reward known upfront. The volatility of the largest digital currency by market cap also means there is ample opportunity to generate returns. Just make sure you sign up with a reliable broker before you start trading. Bitcoins are a worldwide phenomena and a growing interest in binary options.

The digital currency has a wickedly volatile exchange rate making it perfect for binary trading of all expiries. The popularity, and notoriety, of the currency also makes it a prime target of potential scams and the like, so be aware and only trade with trusted brokers such as the ones we list here on binaryoptions.

To begin trading Bitcoin binary options you should have at least a marginal understanding of what they are. Basically, Bitcoins are digitally created currency units that can be spent anywhere Bitcoins are accepted.

They are meant to be a free and easy system for international trade that is not reliant on central banks or charges outrageous fees.

As coins are mined they become available for sale, trade or exchange. Bitcoins are now used to exchange currencies around the world and for international trade but have yet to be embraced by the world powers. A few years ago, the number of brokers offering Bitcoin as an asset to trade was very low.

Now, the opposite is true. Several brokers now offer trading on Bitcoin and also some of the lesser-known crypto currencies such as Ethereum or LiteCoin. So traders now have a range of choices when it comes to finding a broker that offers cryptocurrency trading.

If your current broker does not offer it, consider moving. This is where security and transparency are crucial — these wallets hold your virtual currency, so you are absolutely reliant on them.

Sensing a new opportunity with Bitcoin and binary options, some innovative brokers have come up with ways to trade binary options and Bitcoin together.

There are essentially 2 ways to trade Bitcoin binary options. 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. Some brokers will now accept bitcoin as an account funding method. This allows traders to deposit, trade with, and be paid out in Bitcoin. The leading broker offering such a service is BinaryCent. They will accept 15 different cryptocurrencies as deposit methods, including Bitcoin, Ethereum and DASH.

Yes — you can close out positions early on some trading platforms. However in doing so, you may lose out on potential returns. Brokers typically calculate your loss or compensation based on how much the price has moved in your favor.

Some platforms also charge additional fees, such as deposit and withdrawal costs, account inactivity fees and more. Fees vary between providers. We recommend signing up with a broker that has a transparent fee structure with no hidden charges.

See our list of recommended BTC binary options brokers for low-cost and reliable options. Cryptocurrencies like Bitcoin are bought and sold on exchanges. But whilst some platforms offer mining and staking services, these are different from binary options contracts. Binary options are straightforward financial contracts where you can speculate on the future price of BTC. BTC binary options contracts are easy to understand.

For fundamental investors, this will mean keeping abreast of market developments, such as new regulatory restrictions on the use of cryptos, or announcements that a company plans to offer Bitcoin payments. Bitcoin binary options trading has quickly become one of the most popular and potentially profitable investing methods. The site is aimed mostly at traders in Russia. A brief tour illustrates how extensive options for users are available on this platform. Binary options allow traders to predict the volatility of assets whether the prices will rise or fall at a certain period of time. You can earn a high profit in rising or falling markets.

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