The Binary Options Trading sector is a fast growing industry in the digital currency ecosystem. There is an increasing competition and many are the companies opening its doors in what appears to be a race to leadership in the sector.
Binary options trading allows to traders speculate based on the outcome of the price of a certain asset in a given period. Basically, trades are made over an asset price tendency matched by a short period of time that enables traders to predict the outcome of this certain asset. The result is determined by the trader opening a CALL position if he believes the asset will rise or opening a PUT position if the asset is going down within a pre-defined period of time. The profit or loss is known when the asset has reached its expiry. They have an all or nothing outcome. The payout is pre-determined at the beginning of the trade. The great simplicity of trading binary options makes it possible for both newcomers and experts to start trading.
Today, the financial industry within the digital currency ecosystem seems to be a healthy sector with a constant and remarkable growth. This is clearly a sign that trust levels from traditional Binary Options Platforms, Premium Brokers and Wall Street investors is growing in relation to bitcoin and making way for a new generation of experienced financial traders to get into the digital currency Market.
Binary Options 360 (BO360) is one of those Premium Brokers that decided to embrace bitcoin. A company representative revealed that the platform was working to integrate Bitcoin in their system and stated this would be possible very soon now. The company also offers a large set of other functional options that are usually among the options offered throughout traditional platforms.
Binary Options Trading is still a new business trying to understand the bitcoin financial industry and market. When asked about the Binary Options industry within the digital currency ecosystem, Deborah Byrley, the company’s Public Relations Manager explained that:
“It is fairly new to binary options in terms of charging it as a base currency. There are a few systems in the market that are slowly integrating bitcoin charges so that customers and prospective traders can use it as a currency of choice for depositing and withdrawing funds. There is a demand from affiliates and customers to use it as a choice of base currency, it is still in its early stages as the demand is small, but within the next 2-3 years most top platforms and Binary Options 360 will be able to offer it as a form of currency.”
BO360 is proud to offer bitcoin traders a unique service for financial options featuring Currencies, Commodities, Indices and Stock Markets. The platform also offers 7 different options to trade with: Binary Options, Pairs, Long Term, Sixty Seconds, One touch, Ladder and FX/CFD.
The Platform also offers access to Risk Free trades without prior conditions and is currently, the only Binary Options Broker in the world using a guaranteed same Day Withdrawal policy as well as the only Broker offering a Strategy Adviser allowing its users to enhance their chances for higher profits.
Binary Options 360 commits to excellence in providing a trading platform that can be used for private and institutional investors worldwide. The company is one of the leading binary options trading platforms, providing its users an excellent trader experience while offering total security, superb features, professional tools, and dedicated support and education. It teaches tricks and offers a complete guide that traders can use to learn how to minimize the risk of losses and always stay on profit.
The Binary Options 360 team and collaborators is composed by a group of professional forex brokers, financial consultants, experts in derivatives and risk management, and payment processors. The company covers every aspect of binary options trading in order to deliver the best trading experience for every user.
Managed and owned by Go Marketing international Ltd, BO360 grants its users the possibility of accessing cash back rebates on selected account types designed to match the trader confidence and expertise. BO360 allows traders to enjoy the benefit of having higher profit payouts on selected assets with special premium account types which will also earn them extra payouts on any asset of their choice.
The platform offers a highly secure and professional service, gifted with a plethora of options using a different model than most of other binary options platforms operating in the digital currency ecosystem. By having an educational program and several account types fit for both, newcomers and expert traders, the platform is prepared to give the users some help in achieving some profits.
The platform provides their traders access to expiry graphs as well as live feeds updated directly by Reuters. It also provides newcomers a demo account offering the chance to practice and develop trading strategies with real live data.
Bitcoin is going mainstream, and many brokers are seeking to deal with this new asset. Binary Options and Bitcoin make the perfect combination. Bitcoin’s speed and agility are the right mechanism for traders to easily deposit and withdraw funds from their account, avoiding this way the usual delays and high-cost traditional banking operations.
Bitcoins also delivers a fast opportunity to turn a profit. Especially, if traders use a defined strategy, the chances to earn can increase even more. Investing Bitcoins with a binary options platform can turn out to be a good deal!
The advantages of trading Bitcoins rests in the high volatility of the asset. Bitcoins have huge swings compared to hard currencies and traders who are able to position themselves in a trade and speculate correctly can collect high yields.
This financial segment is currently one of the most active and competitive sectors in the digital currency financial industry, The first Binary Options platform dealing with bitcoin appeared in 2013, however, the industry hasn’t grown much ever since. Now, 2015 as shown us this is changing and all major brokers are already starting to engage bitcoin.
Special thanks to Deborah Byrley
What are your thoughts on Binary Options in the Digital Currency ecosystem? Share your thoughts on the comments bellow!
Nuno Menezes is a Portuguese Bitcoin Entrepreneur and a crypto currency’s enthusiast supporting the Bitcoin Portuguese Community. He is an Anthropologist and a Writer and his current field of work is virtual currencies. Complementing his Social Sciences Master degree with a Professional background in telecommunications along some experience in Computer Science, he intends to bring knowledge and understanding about the impact of crypto currencies in society.
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