How to trade cryptocurrencies (Bitcoin & more) with Binary Options – Guide & brokers.
Binary Options are a popular financial product to invest in the financial markets. As Bitcoin becomes a worldwide phenomenon many traders ask and search for the connection between Binary Options and cryptocurrencies. The new currencies are highly volatile so it can be easy to make your profit with Binary Options. In the following section, I will show you exactly how to trade Bitcoin and other cryptocurrencies on secure platforms and how to deposit and withdraw with Bitcoin.
Trade cryptocurrencies with Binary Options on the Expert Option platform (example)
Why use cryptocurrencies for trading?
The advantages of cryptocurrencies are known worldwide. It is a new way to do transactions without a bank. The fees are lower and the transactions are faster. In addition, most cryptocurrencies are very safe and anonymous. These are huge advantages versus the normal fiat money system. So there is a rising demand for using digital currencies.
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These cryptocurrencies are available to trade with Binary Options:
Bitcoin Dash BTC/LTC Tether BTC/THB Ethereum BTC/CNY Litecoin Monero Zcash Ethereum Classic Ripple BTC/INR Bitcoin Cash Bitcoin Gold IOTA.
Binary Options Brokers that accept Bitcoin and more cryptocurrencies as deposit:
It is not only possible to trade cryptocurrencies but also to deposit cryptocurrencies with the Binary Options Broker . To your advantage, there are no hidden fees or costs like with the other payment methods. The minimum deposits are low as 10$ and the broker changes your cryptocurrency automatically into normal money.
In addition, it is possible to buy cryptocurrencies with normal payment methods like a credit card. In the following text, I will show you Binary Options Brokers which I tested personally, and where you can deposit with crypto.
Deposit with cryptocurrencies.
One advantage of cryptocurrencies is that you can use them anonymously. The transactions are very fast and there are fewer fees for the broker and the trader. So it is an advantage for both sides. Also, Bitcoin, Dash, and others are very secure and transparent. You can easily follow your transactions.
Most popular cryptos for the deposit:
Choose a reliable Bitcoin Broker:
In the following table, you will see different Binary Options Broker for trading Bitcoin. They accept the deposit of cryptocurrencies and give you a high yield for trading them. With more than 10 years of experience in financial trading, I tested the platforms and created a full review of them. They are reliable brokers which are well known internationally.
At the moment Expert Option is one of the best companies for trading crypto. You can deposit and trade a huge range of crypto assets. The return of investment is very high like 90% and they offer a professional platform. In addition, you can buy cryptocurrencies with a normal payment method like a credit card. But there is one disadvantage, Expert Option does not accept EU clients, so EU traders should choose the other broker.
The advantages of the brokers above:
Regulated and licensed companies Fully tested and honest reviews Easy to deposit and withdrawals with cryptocurrencies Trade Bitcoin and more High yield and return of investment Good support in different languages.
For clients outside the EU:
Best crypto broker:
(Risk warning: Trading is risky)
Best crypto broker for binary trading.
1 2 3 4 5 4.8 / 5.
Best crypto broker for binary trading.
Regulated & safe Crypto trading High returns Fast execution Social trading Low minimum deposit of $ 50.
(Risk warning: Trading is risky)
For international clients:
Best binary broker:
(Risk warning: Trading is risky)
Quotex - Trade with high profits.
1 2 3 4 5 5.0 / 5.
Quotex - Trade with high profits.
Accepts international clients Min. deposit $10 $10,000 demo Professional platform High profit up to 95% (in case of a correct prediction) Fast withdrawals.
(Risk warning: Trading is risky)
Other top brokers for trading Binary Options on cryptocurrency.
There are several brokerages in the market that allow you to trade binary options on cryptocurrencies. However, finding the right brokerage for your needs from a pile of similar brokerages can be challenging.
We’ve shortlisted the top three binary options brokerages for your convenience.
#1 Pocket Option.
The go-to brokerage for traders of all skill levels, Pocket Option makes it to the top of the list for several reasons. It gives traders access to over 100 assets, including cryptocurrencies, stocks, forex, indices, and more.
It also gives users access to a demo account where traders can get a feel for the platform or try out trading strategies without spending real capital.
Depositing and withdrawing funds is easy because of the several payment methods offered. In addition, the minimum deposit amount is $50 , and users can trade with just $1, enabling new users to start small and minimize risk.
The excellent website layout, easy-to-use charts, variety of technical analysis tools, and high payouts make it one of the most popular brokerages globally. It serves 10 million traders across 95 countries.
Withdrawing your funds is just as easy as depositing them, and the Pocket Option can be accessed on both Android and iOS devices via the app. But perhaps the best thing about the platform is that the IFMRRC regulates it.
Recommended broker.
(Risk warning: Trading is risky)
Crypto trading with Pockt Option.
1 2 3 4 5 5.0 / 5.
Crypto trading with Pockt Option.
Accepts international clients High payouts Professional platform Fast deposits/withdrawals Free demo account.
(Risk warning: Trading is risky)
#2 RaceOption.
RaceOption is the right brokerage to sign up with if you’re looking for the best bonuses and offers when trading binary options on cryptocurrencies.
The platform offers over 100 assets across markets. In addition, its extensive rewards program helps traders make extra income. RaceOption regularly hosts giveaways, giving you the chance to win prizes like iPads, computers, and cash.
The social trading features can give novice traders a deeper look into the trading style of more experienced traders.
While it is considered a reliable platform by traders across the globe, it is not licensed to operate in the USA, which is a slight disadvantage. But, overall, RaceOption is a secure and respectable platform that any binary options trader will not hesitate to recommend.
#3 Binary.com.
One of the oldest brokerages in the world of binary options, Binary.com has been operating since 1999. It boasts a user-friendly design, and its exhaustive educational section makes it easy to start trading binary options.
With Binary.com, you can trade 24/7 and even on the weekends. The demo account comes loaded with $10,000 of virtual credit that you can use to test out trading strategies. Demo accounts are free to access, and if you like the platform, you can create an account and trade with real capital.
The low minimum deposit, easy payment methods, and excellent regulatory oversight make it hard not to recommend
binary option.com.
Brokerage Minimum Deposit Minimum Trade Demo Account USA Traders Accepted Pocket Option $50 $1 Yes Yes RaceOption $250 NA Yes Yes Binary.com $5 $1 Yes No.
Also, withdrawals are available in cryptocurrencies.
If you want to withdrawal your profit in cryptocurrencies, this is not a problem. The Binary Options Broker offers you the same withdrawal methods as the deposit. Through my tests, the companies withdraw the exact amount without any hidden fees. The payments are processed quickly. In the picture below you can see my Bitcoin withdrawal.
Bitcoin withdrawal proof.
