Estimated reading time: 2 minutes
A recent innovation in the world wide web as well in the binary options industry is the introduction of bitcoins for the purpose of carrying out online transactions without the interference of banks, higher organizations or any middle men.
In essence, with bitcoin, there’s no need to pay huge fees to banks or similar organizations for services rendered. Bitcoin is a new kind of money, an online digital currency with no specific owner. Read more about Bitcoins.
For beginners, binary options are types of trade options where the payoff (reward) received is either all or nothing at all. This type of option has really gained popularity in recent years with more binary options brokers appearing day by day. Read more about binary options.
Recently, binary options brokers are beginning to offer BTC trading to their clients.
Basically, brokers allow you to trade bitcoins (BTC) in relation with any other currency in their platform. This means that they also offer bitcoin in pairs with others. However, not many BTC pairs are in use today. The only one currently accepted by the major brokers is BTC/USD. This is not static and may change in the future as the bitcoin customer base grows even larger.
TradeRush, an award-winning binary options broker is the best for bitcoin trading on a binary options platform.
This means that as a TradeRush client, you can open call/put options on the BTC/USD asset. The btc/usd pair is attracting interest from binary traders world-wide because of its volatility. It is advisable that you do proper analysis and stick with a working strategy while trading btc/usd in both forex and binary options trading.
From a recent research conducted, it has been noted that trading bitcoins on either forex or binary options is far more profitable than mining bitcoins for profit mainly because of the cost of resources needed to perform such high-tech activities.
Register a trading account with TradeRush. Don’t forget to make use of your Deposit Bonuses. The Bitcoin trading asset can be analyzed with the help of a TradeRush market analyst as part of an investor package.
The TradeRush binary options platform offers a variety of benefits for traders of all experience levels, whether they are beginners or seasoned finance professionals. Those joining TradeRush and looking to profit from binary options will enjoy the updated market analysis reviews available directly on the site, as well as personalized attention with a knowledgeable account manager.
Also, clients will enjoy bitcoin trading on their Iphones with the help of the new app.
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