Binary Options provider OneTwoTrade now accepts bitcoin as payment for deposits. The company says it is the first major broker to do so.
They want to offer clients greater flexibility in further expanding available payment options. The company expects cryptocurrencies to grow in popularity, and therefore expects a steady rise in transaction volume conducted on its platform. Said Samuel Falcon, the company’s Chief Operating Officer:
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“Since the dollar was decoupled from gold in 1971, it has lost 97% from its golden metal and 83% of its domestic purchasing power, and I don’t think it’s going to stop any time soon. Most people don’t realize that this is a massive technology that will change the financial industry for good. OneTwoTrade is looking on it as a chance to be the first merchants in this industry to accept Bitcoin.”
The company also refers to these early days of the intersection of Bitcoin with binary options. Over the past 18 months, several brokers have popped up allowing traders to bet on bitcoin prices, with IG Markets recently relaunching an enhanced version of this offering.
The integration is being facilitated by GoCoin, which means that Litecoin and Dogecoin payments will be available as well.