Bitcoin Binary Options Brokers – Deposit and Withdraw Bitcoins

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

New Binary Options Trading Service Takes Bitcoin-Only Payments

Jon Matonis

New Binary Options Trading Service Takes Bitcoin-Only Payments

A new service for financial options has launched a beta website for nine different binary options, including gold, silver and crude oil, plus six foreign exchange pairs.

The offered currencies – euros, Australian dollars, New Zealand dollars, British pounds, yen, and Swiss francs – are all paired with the US dollar.

Different than previous binary option offerings, the new service – which is called UpDown – processes payments and payouts in bitcoin only.

With binary options, the trader selects the direction that the price of the underlying asset will move – either up (‘call option’) or down (‘put option’) – and purchases an option contract. This contract gives the buyer the right to exercise the option at the end of the specified time period, at which point the trader makes a return or loses the initial investment.

Binary options are sometimes referred to as ‘all-or-nothing options’, ‘digital options’, or ‘fixed return options’ (FROs), which are traded on the American Stock Exchange.

More popular outside the US, foreign binary options are offered by individual brokers, rather than through an exchange, and they typically have a fixed payout and risk. The brokers earn their revenue from the percentage discrepancy between what they pay out on winning trades and what they collect from losing trades.

Most foreign binary options brokers are not legally allowed to solicit US residents unless that broker is registered with a US regulatory body, such as the Securities and Exchange Commission or the Commodities Futures Trading Commission.

First-generation brokers

First-generation binary options for bitcoin simply offer the BTC/USD currency pair as a trading vehicle, whereas second-generation operators also allow deposits and payouts in bitcoin. Coindesk first covered first-generation bitcoin binary options in June 2020.

Now, binary option brokers that trade bitcoin as an option instrument include anyoption, SetOption, TradeRush, and Bloombex-Options.

Fast and simple, the tradeable asset lists are extensive with durations of 60 seconds to one week. Payouts range between 60% to 85%, depending on the asset and option type. Top brokers will also provide news resources and trading tools.

Second-generation brokers

Second-generation brokers offering both bitcoin funding and bitcoin trading include UpDown, BTCOracle, and BeastOptions.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

The first such trading service operating on the bitcoin block chain, Satoshi Option, debuted in March 2020.

Similar to the SatoshiDice betting game, Satoshi Option requires no account registration and no personal details. Payouts are near instantaneous and the service is accessible from anywhere in the world because it relies on the bitcoin block chain as the platform.

Maximum trade size per bitcoin address is currently set at 0.25 BTC. Since the available commodities are traded with publicly available pricing, the binary option outcomes are verifiable.

Unlike the other bitcoin-funded brokers that rely on proprietary platforms, BeastOptions operates on the third-party TRADOLOGIC trading platform, which provides a customizable front end that is a lightweight, high-performance solution for web-based or mobile platform trading.

Several binary option trading platforms exist and SpotOption, TRADOLOGIC’s biggest competitor, has been offering bitcoin binary options since mid-2020. Leverate‘s new platform also includes support for bitcoin binary options and CFDs, which is utilized by Plus500 and TopOption.

Contracts for difference, or CFDs, differ from binary options in that they allow the use of leverage and the contract can be closed at any time, whereas binary options have a fixed expiry. Counterparty risk is a concern for both instruments, which is what the very short-term binary options utilizing the bitcoin block chain seek to alleviate.

UpDown will soon be adding a BTC/USD trading pair to its binary option asset list after it negotiates an exchange partnership. UpDown refers to itself as a community-regulated project and is registered in the British Virgin Islands. As always, please perform your own due diligence on binary option brokers and trade at your own risk.

Disclaimer: The views expressed in this article are those of the author and do not necessarily represent the views of, and should not be attributed to, CoinDesk.

Follow the author on Twitter.

Read more about.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

BinaryCent Review and Tutorial 2020

Deposit and trade with a Bitcoin funded account! Binarycent accept deposits in, and trade, 15+ Cryptocurrency types.

Traders in Russia welcome
BinaryCent Facts & Figures

BinaryCent are a new broker and have fully embraced Cryptocurrencies. In addition to offering many alt-coins to trade, BinaryCent also accept deposits and withdrawals in 10 different crypto currencies.

Bonus 20% to 100%
Instruments Crypto, Binary Options
Demo Account Yes
Min. Deposit $250
Min. Trade $.01
Regulated By
MT4 Integration No
Mobile Apps iOS, Android
Auto Trading No
Trade Signals No
Islamic Account No
Cryptocurrency
Spread N/A
Coins ZEC, XRP, XMR, SAN, OMG, LTC, BTC, IOT, ETH, ETC, EOS, DSH
Binary Options
Payout Percent 95

BinaryCent is an online financial trading platform that was recently established in 2020. The trading platform is managed by a management company known as Cent Project Ltd, a subsidiary of the Finance Group Corp that is based in Vanuatu. Their head office is located at 2nd Floor, Transpacific Haus, Lini Highway, Vanuatu. The Finance Group Corp is also the holding company of another leading binary options trading platform called BinaryMate. BinaryCent however specializes not only in providing binary options trading services, but also spot forex and Contract for Differences (CFDs).

Regulation & Reputation

In terms of regulatory oversight, BinaryCent is a regulated brokerage firm under the oversight of the Vanuatu Financial Services Commission. This is due to the fact that BinaryCent operates under the corporate umbrella of its holding company the Finance Group Corp.

Unlike its sister-trading platform BinaryMate, which is geared towards the mainstream market; BinaryCent’s market segment is focused more towards smaller online traders. This is why one of the key attractions of BinaryCent is the ability to place trades with an investment as low as 10 cents.

Trading Platforms

The trading platform adopted by BinaryCent is a proprietary trading platform developed exclusively for the Finance Group Corp. This is the reason why the platform bears many similarities with the trading platform used by related brands. A web based trading platform, the platform can be accessed with any up-to-date web browser.

This eliminates any need for a trader to download and install any software onto their computers.

Despite being just a web based trading platform, the platform works efficiently and comes integrated with numerous trading tools such as trading charts and technical indicators. With its user friendly interface, the BinaryCent’s trading platform is a joy to use.

Mobile Trading

Traders who wish to trade the financial markets while they are on the move can also do so with their smartphones or tablets by downloading the mobile trading app from Apple’s App Store (iOS – iPhone and iPad) or Google Playstore for android devices.

As part of their product offering and services, BinaryCent has provided the mobile app for free. In terms of functionalities, the mobile trading app fulfils the same basic functions as its web based counterpart. The only key difference is the fact that it is optimised for the smaller screens of smartphones and mobile devices.

Trading Accounts Offered

To meet the varying needs of their clients, BinaryCent has provided their clients with a choice of 3 different types of trading accounts. They comprises of the Bronze account, the Silver account and the Gold account.

Bronze Trading Account

Minimum deposit of $250
Live video chat support
20% deposit bonus
1hr withdrawal

Silver Trading Account

Minimum deposit of $1000
Live video chat support
1 hour withdrawal
50% deposit bonus
Master Class

Gold Trading Account

Minimum deposit of $3000
Live video chat support
1 hour withdrawal
100% Deposit Bonus
Master Class
3 Risk Free Trades
Personal Manager

Bonuses & Promos

As can be seen above, the bonuses offered by BinaryCent range from 20% to 100% depending on the type of trading account the trader has signed up for. Nevertheless, traders should be aware that there are terms and conditions attached to the award of these bonuses. One of the key requirements for the encashment of the bonus is the need to fulfil a minimum trading volume (turnover).

Apart from the deposit bonus, BinaryCent has also provided their traders with other incentives such as “Risk Free Trades” and trading contests. For the risk free trade promo, awarded to Gold account holders, BinaryCent will compensate the trading losses of the trader, if the total balance of the first 3 transactions is negative.

In addition to the risk free trade promo, BinaryCent also holds a regular trading contest with a prize pool of $20,000. Every week, 20 winners will be selected from the contestants.

Assets And Instruments

In terms of trading assets, BinaryCent offers the following classes of assets:

  • Commodities
  • Cryptocurrencies
  • Forex
  • Market Indices
  • Stocks

For spot forex and CFDs, BinaryCent offer a maximum leverage ratio of 1:100. The asset index is a growing list – the firm are relatively new. The focus at present is Cryptocurrency and altcoin, but other assets are added as the offering grows. That said, the current list still cover all the major assets a trader would expect to find.

Customer Support

As for the support services at BinaryCent, it is provided on a 24/7 basis. Traders who need support can reach out to the support team through live chat, web contact form or by calling them directly on the telephone.

Deposit & Withdrawal

For the funding of trading accounts, BinaryCent has provided several methods which their clients can use to fund their trading account. These different methods include the following:

Major credit cards such as VISA and Mastercard
Cryptocurrencies wallets which take Bitcoin, Ethereum, Dash, Litecoin and other alt coins
eWallets such as Skrill, WebMoney, Neteller

For withdrawals, the same methods are also supported by BinaryCent. Apart from a 5% charge for credit card withdrawals, BinaryCent does not charge any withdrawal fees. But there is a minimum withdrawal amount requirement of $50. As for the withdrawal time, BinaryCent guarantees that all withdrawal requests will be processed within one hour.

Is BinaryCent suitable for day trading?

There are several factors which make BinaryCent an ideal trading platform for day traders. Firstly, you can trade in several asset classes such as forex, commodities, stocks, cryptocurrencies and market indices. In addition, you can also trade the spot forex market, CFDs market and binary options market. With binary options, your trades can be as short as 60 seconds.

Most important of all, the minimum investment requirement imposed by BinaryCent is merely $10 per trade. This gives you the ability to stretch your limited investment capital to cover more market positions at minimal risks.

What is the minimum deposit requirement to open a trading account?

The minimum deposit requirement at BinaryCent is $250 for the bronze trading account. For the Silver trading account, the minimum deposit requirement is $1000. As for the Gold trading account, the minimum deposit requirement is $3000.

How fast can my withdrawal request be processed?

BinaryCent guarantees that all withdrawal requests are processed within an hour. However, it should be noted that it could take several days before the withdrawn amount is posted to your credit card account.

Is BinaryCent a reliable broker?

Yes, BinaryCent is a reliable broker. It is part of the Finance Group Corp that owns several leading online trading platforms.

What kind of trading platform does BinaryCent have?

BinaryCent uses a proprietary web based trading platform that has been developed exclusively for the Finance Group Corp. The platform is also available for download as a mobile trading app at Apple’s App Store and Google Playstore.

What is the maximum leverage available?

The maximum leverage provided is 1:100 for CFDs trading.

Can I deposit and trade using Bitcoin or other Cyptocurrency?

Yes. 14 different cryptocurrencies are supported for account balances.

Accepted Countries

BinaryCent accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

How do I recover stolen Bitcoins by fake binary options brokers?

a KE d PV mGe b S y rj qUvlK R tnnGJ e jcn f FJ i i n SHYFw i cqh t p i BRUrJ v kK

HOW ASSET INVESTIGATION CAN GET YOUR MONEY BACK

CYBERING is a company that help people successfully recover their funds from fraudulent financial investment or when you have not received the goods or services you were promised. We specialize in cyber fraud and asset recovery using forensics and cyber security to combat cyber crime. We have the expertise to analyze and investigate the fake broker both physically, monetary and electronically within international jurisdiction.

we have access to a network of database and extract information about where and who runs a company. Our capabilities inc.

The binary options broker does not withdraw profit. What could be the reason?

4 reasons why a binary options broker does not withdraw profit. It’s pretty simple .

So, after a certain trading time binary options, your account generated a profit that you decided to withdraw. However, the binary options broker refuses to withdraw your hard-earned money. How so? This is mine! Particularly hot traders immediately rush to open topics with claims against brokers on forex forums. Is it a broker matter? For what reasons, depending on you, can a binary options broker refuse to withdraw profit?

Binary Options Broker Does Not Withdraw Profits Because . Verification Failed

Among many binary options traders, there is an opinion that verification – This is a way to complicate the already difficult life of a trader, which was specially invented by a broker. Verification is a mandatory requirement that financial institutions regulating their activities present to binary options brokers. The presence of a verification procedure with a binary options broker is a sign that the company is working in the legal field. The list of documents that is necessary for verification from a broker to a broker may differ slightly, however, the basic elements everywhere are a copy of a passport and a copy of a credit (settlement) card.

ForTrader.org magazine recommendations: in order to quickly and easily withdraw money, you must prepare the necessary documents in advance and pass verification in advance.

Your account has an unworked bonus.

Unfortunately, at the moment, almost all the leading binary options brokers have somewhat tightened the rules for working out and withdrawing provided bonus funds.

If earlier, the client could withdraw the earned profit without touching the bonus and fixed assets, then now, until the bonus is worked out, you cannot withdraw the profit. The only funds you can get are your own money that you have deposited in your account. At the same time, both the bonus and the profit will be burned.

ForTrader.org magazine recommendations: using bonus funds, you should clearly understand that you are taking on additional obligations. Carefully read the terms of the bonus, and then decide whether you need it or not. Remember that the bonus, in fact, is a means of linking the trader to the broker.

The withdrawal amount indicated in the application exceeds the amount on the account

Almost every third trader faced this rather painful situation. Its essence is as follows. Earned a certain profit. An application has been generated to withdraw funds from the account. While the application is processed by the corresponding binary options broker service, the trader continues to bid, in the event of a loss, the funds in the account are reduced or may be lost altogether.

ForTrader.org magazine recommendations: until the broker processes the withdrawal request and deducts the indicated amount from your deposit, it is better to refrain from trading binary options. Take a break from bidding, take a break – it will only benefit.

No credit (settlement) card for withdrawal

Under existing legislation, licensed binary options brokers It is forbidden to withdraw to an electronic wallet an amount exceeding the amount that was started from it.

ForTrader.org magazine recommendations: to simplify this technical moment of withdrawing funds, it is better to have a credit or payment card. At the moment, this is the most reliable and convenient way to deposit and withdraw funds when working with binary options brokers.

How to start working with a binary options broker?

Unfortunately, most traders, in their desire to make money faster, do not read the terms and conditions of the client agreement, which often leads to their violation. However, as they say, ignorance of laws does not exempt from liability.

To avoid future problems with the withdrawal of money, experts of ForTrader.org magazine recommend starting work with a binary options broker by clarifying the following points:

  • What documents are required to go through the verification procedure. Please note that the passport has an expiration date, as well as the presence of a credit (settlement) card.
  • How long does the withdrawal take. Money cannot be transferred instantly. The terms for processing the application and withdrawal of funds are indicated in the company’s regulations and can take from 1 to 14 days.
  • Bonus conditions and rules for its development. As a rule, working out a bonus means making transactions on one account in order to accumulate the necessary trade turnover. Trade turnover does not depend on whether a profitable or loss-making transaction has been completed, but represents the sum of all funds invested in trade.
  • Terms and conditions of withdrawal of profit. It is necessary to clearly understand how to withdraw the net profit from the deposit, if it was replenished through an electronic wallet.

The actions of any trader are aimed at making a profit. However, when trading binary options, it is not enough to make a profit on the account. For its conclusion, it is necessary to adhere to all the conditions put forward and the established rules. Only in this case, working with a binary options broker will be easy, and trading will bring not only profit, but joy and positive.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

Like this post? Please share to your friends:
Binary Options Wiki
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: