Hello Binary Goes Crypto With New Accommodations for Bitcoin

Hello Binary, a white label platform provider for binary options brokerages, has announced two enhancements both involving Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term. First, they will start accepting Bitcoin when funding/depositing into an account. Second, the creation of binary options whose underlying asset is Bitcoin.

The addition of Bitcoin as a form of payment will be convenient for traders looking to bypass the difficulties typically experienced when transferring real currency to their accounts, especially if they're located internationally. It is likely that the funds will arrive in a fraction of the time and they would avoid any fees arising from the transfer.

Conversely, providing for binary options betting on Bitcoin prices will allow traders to take advantage of the frequently wild price movements without having to own bitcoins themselves at any point in time. Traders who are still wary of the technology and don't want to deal with wallets, blockchains, withdrawal issues from exchanges, etc. will particularly find this route attractive.

The ability to bet on BTC via a binary option also entails greater magnitudes of opportunity for profit/loss in accordance with its exotic structure. This joins the ranks of Bitcoin derivative houses, such as btc.sx that let you place bets on BTC's direction without actually getting directly involved with the cryptocurrency, while providing Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term and an exotic formula for your loss/reward such as with a squaring function.

For some, although not many, the platform can help them hedge existing positions in Bitcoin, particularly if they are interested in investing for the mid-term and want some insurance.

The platform can be built, delivered and customized in as little as 3 weeks. Features include compatible modules such as Bloomberg news feeds, market data and analysis, and live-chat.