Binary options: Difference between revisions

From Bitcoin Wiki
Jump to navigation Jump to search
Johngillow (talk | contribs)
No edit summary
Johngillow (talk | contribs)
No edit summary
Line 15: Line 15:
==External Links==
==External Links==
* [https://coinut.com Coinut] The only bitcoin options exchange platform [[Coinut]]
* [https://coinut.com Coinut] The only bitcoin options exchange platform [[Coinut]]
* [http://gumlet.com Gumlet] Fast and reliable bitcoin binary options with high multiliers [[Gumlet]]
* [http://gumlet.com Gumlet] Fast and reliable bitcoin binary options with high multipliers
* [http://btclevels.com BTClevels] Bitcoin binary options trading platform [[Btclevels]]
* [http://btclevels.com BTClevels] Bitcoin binary options trading platform [[Btclevels]]
* [http://bitcoinchaser.com/bitcoin-binary-options/ Bitcoin Binary Options Brokers] Reviews of the leading platforms and Bitcoin resources
* [http://bitcoinchaser.com/bitcoin-binary-options/ Bitcoin Binary Options Brokers] Reviews of the leading platforms and Bitcoin resources

Revision as of 06:45, 3 January 2016

Binary options are a relatively new form of online trading that has become extremely popular in the last 2 years. It is different from traditional options in that you are not actually buying anything but rather just placing a side bet on an expected outcome.

How To Trade

Trades are placed by predicting the direction an asset will move during the specified time frame. The time that option ends is called an expiry time. Expiry times range anywhere from 30 seconds until months away. At the end of the time if the direction you chose was correct, you win the trade. Winning trades pay out slightly less than 100% and typical payouts range between 80-85% depending on the broker.

Assets include

  • Stocks
  • Currencies
  • Commodities
  • Indices

Binary Options and Bitcoin

With the popularity of Bitcoin and its acceptance as a currency binary options platforms began adding BTC as one of the currencies to trade. This has further helped the growth of binary platforms as well as mainstream recognition of Bitcoin as a currency. Most brokers only offer it as a currency pair versus the American Dollar.

External Links