Not many options brokers provide Bitcoin trading options; however, as the virtual currency is gaining popularity, some brokers have started giving a thought to it. The latest addition to the list of options brokers that offer Bitcoin trading includes BinaryOptions360 or BO360 which claims that it proud to offer Bitcoin trading.
The broker says that it is offering traders a unique service for financial options featuring Currencies, Commodities, Indices and Stock Markets. According to their announcement the platform also offers 7 different options to trade with: Binary Options, Pairs, Long Term, Sixty Seconds, One touch, Ladder and FX/CFD.
Additionally, BO360 claims that the Platform offers access to Risk Free trades without prior conditions – the only Binary Options Broker in the world using a guaranteed same Day Withdrawal policy. Also, it is the only Broker offering a Strategy Adviser allowing its users to enhance their chances for higher profits.
Like Binary Options Trading, Bitcoin is also comparatively new; however, it looks like both have caught pace quite recently as their popularity has gone up. Talking to media professionals Deborah Byrley, the company’s Public Relations Manager said that it is fairly new to binary options in terms of charging it as a base currency.
However, she further added that 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. She believes that there is a demand from affiliates and customers to use it as a choice of base currency.
Bitcoin Binary Options Trading
Nonetheless, she also believes that 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. The brokerage firm believes that Binary Options and Bitcoin make the perfect combination for various reasons.
For instance, 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.
Also, as Bitcoin delivers a fast opportunity to turn a profit; particularly, if traders use a defined strategy, they have a lot of opportunity to become rich. Nonetheless, investing Bitcoin with a binary options platform can turn out to be a good deal as well.
To contact the reporter of this story: Deepak Tiwari at firstname.lastname@example.org