Invest Bitcoins to Trade Forex and Binary Options
Invest bitcoins to trade with forex and binary options and make serious money. Released for public use in 2009, Bitcoins were created as a reward system in payment processing, where users verified and recorded payments to a public archive. This is popularly called mining and besides being mined bitcoins can be exchanged for services and other currencies, with transactions taking place directly and with no mediator.
Just like Forex and binary options trading, bitcoin is unconventional, being decentralized and accessible from just about anywhere. It’s very easy setting up a Bitcoin account with the only requirement being a PC and access to exchange market. It’s also very easy to connect Bitcoin to your Forex or binary options trading accounts.
Owning a Bitcoin account, you will want Forex and binary options brokers that ideally allow Bitcoin deposits and withdrawals as well as Bitcoin trading in currency pairs. Bitcoins are generally well-accepted and widely popular nowadays, so we are able to find top rated Forex and binary options brokers who offer such services.
Why invest Bitcoins?
First of all, with Bitcoin your deposits and withdrawals are more convenient and can be done instantly. Bitcoin is well-known for the possibility to trade and exchange any amount anonymously whenever and wherever. There is an obvious downside to it where all regulated Forex and binary options brokers are obliged to check your identity and address before allowing you to withdraw.
Bitcoin does not have a central authority and this adds up to the global availability and is further appealing to Forex and binary traders. Bitcoin provides much lower transaction fees and there are no approval and bank clearance processes you have to wait for.
To top that Bitcoin is a safe and secure deposit and withdrawal method, just like many credit cards, e-wallets or wire transfers.
Where to use your Bitcoins?
There are many brokers who recognized the opportunities Bitcoin allows and chose to introduce it as a deposit method as well as a tradable currency in pairs such as BTC/USD and BTC/EUR. While Bitcoin is very stable in such pairs, the deposits and withdrawals of Bitcoins are usually quick and easy and with no extra charges for the transactions.
There are top rated Forex and binary options brokers accepting Bitcoins. Finpari, for example, will accept Bitcoin as deposit and withdrawal method together with best-known cards, e-wallets, and wire transfers. To top that, the company offers withdrawals within an hour and no fees for Bitcoin transfers.
24Option, on the other hand, will allow you to trade Bitcoin in the popular BTC/USD Forex binary trading, but will allow Bitcoin deposits only via Neteller and no withdrawal option available for Bitcoins. Of course, Neteller is extremely safe and reliable to process the deposits. BinaryMate will also allow Bitcoin deposits along with the most used deposit methods such as VISA, MasterCard, wire transfers and many e-wallets of which the most used is probably Neteller.
Boss Capital also offers BTC/USD trading, in their huge range of more than 200 assets also including stocks, indices, and commodities. IQ Option will also allow you to trade Bitcoin giving access to the market at any time – including weekends. IQ Option is recognized as a great choice for small time depositors too with a minimum deposit of only $10 and rather good deposit bonuses.
OptionWeb is high-quality broker also providing Bitcoin trading and allowing a wide range of deposit methods including Bitcoin, which makes it one of the perfect spot for Bitcoin Forex and binary options traders.
Bitcoin Forex and binary trading are innovative and fun, where investing Bitcoins you can trade commodities, indices, and currencies even in pairs with BTC. Practically, you can make money entirely with software and not invest any real money.