Bitcoin Trading in IQ Option
IQ Option is one of the most reputed brokers in the world of trading. Recently they expand their area of trading. Now they have many new options for trading in their platform. Most of the trader know IQ Option for binary options. However, within the very short time after launching their platform, they are growing rapidly with success. Cryptocurrencies like Bitcoin is the new addition to their offerings.
From now on you can trade Bitcoin in IQ Option as much as you wish. Explore this whole article with us to better understand the attractive new features of Bitcoin trading in IQ Option.
Let me say some basics of Bitcoin. Firstly you should know –
What is Bitcoin?
Bitcoin is the universal virtual online electronic currency, also known as a cryptocurrency. For payments, Bitcoin uses its self-electronic network. Its main principle is P2P and based on that this cryptocurrency is designed to do hand to hand payments in online. This currency has the unique encryption system to ensure the payments total security and anonymity.
By the Satoshi Nakamoto Bitcoin network was first launched online in 2009. He was doing a code on the Internet for one of this client and right then he invented a new cryptographic currency which does not belong to any country, a newly born currency.
The Bitcoin Index
By the three major currencies of the world (US dollar, Chinese yuan, and the Euro) Bitcoin courses are being weighted and this is known as the Bitcoin Index. The owners of the major currencies are the most economically successful countries. You can determine the real value of the cryptocurrency by these nations and you can do that without relying on a single currency of any country.
Well, How much is a bitcoin worth? Currently (October 02,2017), around 4371.00, the Bitcoin Index hovering.
The price of the Bitcoin depends on its producing materials costs. It is not possible to touch Bitcoin physically because it is an online virtual cryptocurrency. For producing Bitcoin you need computers and programs. It is a process similar to the encrypting messages of the enemies by the intelligence service. It requires the electronic code containing the cryptocurrency information to send the Bitcoins H2H (hand to hand).
If you want to make profitable cryptocurrency you will need very high capacities. Let’s see how Bitcoin mining works.
Bitcoin production getting complicated day by day because it requires more and more resources to make a new Bitcoin every time and this system was developed by the creator of cryptocurrency. But it is not always necessary to have a powerful computer to produce profitable Bitcoins. You just need to predict the Bitcoin Index price fluctuations. Buy a binary option, it can be a Call option or Put option and for the right prediction, you can make a profit.
IQ Option Bitcoin: Quick and Simple Trading
It is a great opportunity for the traders that now IQ Option offering Bitcoin trades in their platform for the traders. It is their new Digital Option addition. Now a day the most popular virtual currency and so many people around the world are using this virtual currency. This makes the spike of its high value. Many traders investing on the Bitcoin to make a profit by lucrative trades.
Noticing this many online trading brokers offering Bitcoin trades and add this virtual currency as one of their trading assets. The number of brokers rising day by day who are offering Bitcoin trades. Right now Bitcoin is passing through a great time and all the experience traders take this as an opportunity to make handsome amount. If you are a serious trader you should act as soon as possible.
Trade Bitcoin with IQ Option and you just need to do one click and cost one dollar from your account. In the case of virtual currency Bitcoin is not the only asset in IQ Option. They have more choices for the traders. Keep reading to see more assets what you can trade with IQ Option.
How to Trade Bitcoin in IQ Option
You can buy this asset as a CFD product, here is a guide how to proceed in order to trade BTC at IQ Option platform.
As an asset of CFDs, you can buy Bitcoin. Let’s see the procedure.
- Pick Bitcoin from the Crypto (CFDs) in the main menu.
2. Decide the investing amount what you want to invest on Bitcoin. Remember the more you invest on Bitcoin the more you get Bitcoin.
3. Now you are all set to buy the Bitcoins.
In the “Open Positions” tab you can monitor your trades. Currently, the most popular and profitable cryptocurrency is Bitcoin. But other cryptocurrencies like Ethereum, IOTA, LiteCoin, Dash, and Ripple has also great potential and you can trade all these cryptocurrencies at the IQ Option platform.
IQ Option Bitcoin: More Possibilities
I said before that you can trade other cryptocurrencies like Ethereum, IOTA, LiteCoin, Dash and Ripple along with Bitcoin at the IQ Option platform. It is open for all traders. Although other cryptocurrencies are not so popular like Bitcoin and they are rising gradually and their trade can be profitable for you. For that reason, many traders start trading other cryptocurrencies also.
For trading, other cryptocurrencies except for Bitcoin you have to follow the same rule means you only need one dollar from your investment. After that, with a simple click, you can start trading. Moreover, it is so much easy to apply the analysis in details. You can thank the numerous number of tools and indicators who are analyzing data for you. With the ease, you can join the latest trends of trading in the IQ Option broker platform.
The Future of Bitcoin
It is totally unknown how the Bitcoin price will change in future. But what we observed that Bitcoin is the haven of safe cryptocurrency. In today’s world Bitcoin is the digital gold. During the Brexit, its value rose about 15%. The cryptocurrencies are on the trend of rising and by predicting the right future of Bitcoin you can gain more than for your living.
IQ Option Bitcoin: The Conclusion
The Bitcoin trades are a new part of IQ Option which opens new trading options for the traders. This broker mentioned Bitcoin separately for its biggest crazes in the trading market. Trade Bitcoin as well as other cryptocurrencies at this platform because IQ Option is the safest broker available right now. This broker also has very low financial requirements for start trading.
Trading with IQ Option is quick and easy, even the new traders will also be able to trade within few moments. If you are a serious trader open your account right now at the IQ Option and experience the new level of trading.
Please Read: This post is not an advice for you to invest. Our references based on the informational sources and analysis. We do not guarantee you such success in your trading future.
GENERAL RISK WARNING FOR TRADERS
The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.