Bitcoin is quickly becoming one of the most common forms of an electronic payment. This virtual currency offers several unique advantages such as anonymity, real cash value and a nearly unrivaled sense of flexibility. It is therefore no surprise that a growing number of binary options brokers are accepting this currency within their payment options. Let us look at a handful of portals which now cater to this growing trend.
Bloombex Options was actually one of the first brokers to accept this type of electronic deposit and withdrawal method. It was originally established in 2009 and since then, Bloombex has become a popular platform for those looking to enjoy flexible trading strategies. There are currently more than 50 underlying assets to choose from. These include currencies, commodities, indices, CFDs and stocks.
24Option is regulated by CySEC and with returns said to be as high as 89 per cent, it is another popular platform to trade binary positions. Investors can access more than 100 assets, so 24Option is a notably diverse portal for those who are looking to capitalise on the latest market movements. Not only does this site accept Bitcoins, but robust SSL encryption and other security features will guarantee that all personal information remains safe.
AnyOption was founded in 2008 and its has been regulated by the Cyprus Securities and Exchange Commission (CySEC) ever since. There are numerous different binary options positions available including:
Payouts as high as 120 per cent on successful trades also enable AnyOption to provide lucrative returns to those who are experienced investors. Much like the other websites listed above, numerous underlying assets can be traded. These include indices, commodities, CFDs, ETFs, stocks and currency pairs (Forex). Positions of up to four months can be selected by anyone who hopes to embrace a long-term strategy. Numerous payment methods are supported alongside the Bitcoin.
Although only founded in 2013, TopOption has proven to be an exceedingly popular online investment platform. This is largely due to the fact that well over 180 underlying assets can be accessed with the click of the button. Thus, this site is very flexible in terms of accommodating discrete trading strategies. Cryptocurrencies are accepted as well as traditional methods such as credit cards, wire transfers and e-wallet systems. A minimum deposit of $100 dollars is a welcome opportunity for novice traders who are looking to build up their portfolios before moving on to more advanced systems. Although a maximum payout rate of 70 per cent can be considered low when compared to other portals, the sheer variety of assets more than makes up for such rates.
Binary options brokers will continue to evolve within the electronic community. As the number of investors continues to increase, we should only expect that other payment methods will be made available in the future.