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Bitcoin Brokers - Bitcoin Trading with Binary Options

 

This is great news for Bitcoin enthusiasts and everyone else who wants to trade Bitcoins and take advantage of the famous digital currency.

 

Some of the top binary options brokers are now featuring the Bitcoin among the assets that can be traded and everyone can profit from the huge price movements of the Bitcoin without even having a Bitcoin wallet.

Bitcoin Trading Binary Options
 

Binary options trading - The easiest way to trade Bitcoins

 

If you don't know about binary options yet, you are probably on this website because of your interest in Bitcoins. If you already know what binary options are you can move to the next paragraph.

 

In binary trading you can buy CALL and PUT options on any asset offered by the broker. The option has a predefined payout that represents your winnings if your prediction is correct. When you believe the asset will gain value you buy CALL options, and when you think the value will drop you buy PUT options.

 

Bitcoin Trading at TradeRush

 

Binary options have different deadlines that can vary from 60 seconds to one or two months. The best part is that you know the potential payout and the potential loss from the moment you buy the option, no matter how much the value of the asset changes.

 

Now let's see how this works with Bitcoins in a simple example:

 

Let's say the Bitcoin is valued at $800 on MTGox and you decide to buy a CALL option that expires in one hour and has a payout of 80%.

 

You invest $100 in this option.

 

If the price of the Bitcoin is higher than $800 at the end of the hour you will get a payout of $180 (80% profit in just one hour).

 

If the price is lower you lose your investment.

Binary Options Bitcoins

 

Please notice that you get the same payout no matter how much the price moves. It doesn't matter if the prices moves to $810 or to $950, you get the same 80% payout. What makes binary options so unique compared to any other form of trading Bitcoins is that you are in full control of your costs and profits, and you can earn huge payouts of 80% or even more in less than a day.

 

Bitcoin brokers - Binary brokers that allow Bitcoin trading

 

Not too many brokers have the Bitcoin among their trading assets but the number is starting to grow and we are now seeing the Bitcoin among the asset list of some of the most famous brokers.

 

Below are the best brokers that offer Bitcoin trading:

 

   
Min Deposit
US Traders
Website
1.
$ 200
YES
2.
$ 250
YES
3.
$ 200
NO

 

The Bitcoin is usually traded between 6:00 and 20:00 GMT time. The Bitcoin can be found in the "Currencies" list of assets at Trade Rush and Trade Hits under the name "BitCOIN/USD". It will show up in the list only during trading hours, so if you cannot find it you should go back at a different hour and check again. Anyoption has a special section for Bitcoin Options where you can find a nice range of options with various expiry times and payouts.

 

Advantages of Bitcoin trading using binary options brokers

 

There are many advantages when trading Bitcoins using binaries compared to actually buying the coins on MTGox or similar exchanges. Here are some of them:

 

- You can invest starting with as low as 200 dollars

 

- You can make small trades of only $20

 

- Deposits can be done via credit and debit cards, Moneybookers (Skrill), wire transfers or local bank transfers

 

- You can get started in less than five minutes. It takes very little time to open an account and deposits are instant when done with credit / debit cards or Skrill

 

- Payouts are very high. You can make a profit of 80% in less than an hour

 

- Available for people from any country

 

- You can use the funds in the brokerage account to trade other assets as well

 

 
 

 

 

Risk Warning: Binary options trading should not be considered an investment and rather be treated as speculative trading. If you do not understand the risks involved in trading derivative instruments you should not engage in binary trading. You should never trade with money you cannot afford to lose. You trade at your own risk.