Exclusive: IG Group to Can Bitcoin Binary Options
- At the iFXEXPO, Forex Magnates had the chance to discuss IG Group’s bitcoin binary options trading product with company representatives at their booth. We learned that they will be discontinuing the product after they expire today.
What’s an event without some 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 news. At the iFXEXPO, Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates had the chance to discuss IG Group’s bitcoin binary options trading product with company representatives at their booth. The firm had become the first broker to launch binary options trading in bitcoins back in April. Following up with company, we learned that the broker will not be releasing new contracts after their current options expire today, May 31st. Representatives mentioned that the product was welcomed by the sales team as it led to interest in the broker from a new audience. The bitcoin binary launch also brought them additional publicity towards the rest of their products. However, citing simply “management decisions”, the product will cease to exist.
Our opinion is that due to the headline risk of bitcoins, and the often quoted connotation to money laundering, IG’s management preferred to discontinue trading in the digital currency. With their exist, it leaves only Anyoption as the only binary options broker offering bitcoin derivatives. In terms of Anyoption, bitcoin trading is expected to exist until at least the summer, as their product feature expirations as late as July 15th.
IG Group at the iFXEXPO
What’s an event without some 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 news. At the iFXEXPO, Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates had the chance to discuss IG Group’s bitcoin binary options trading product with company representatives at their booth. The firm had become the first broker to launch binary options trading in bitcoins back in April. Following up with company, we learned that the broker will not be releasing new contracts after their current options expire today, May 31st. Representatives mentioned that the product was welcomed by the sales team as it led to interest in the broker from a new audience. The bitcoin binary launch also brought them additional publicity towards the rest of their products. However, citing simply “management decisions”, the product will cease to exist.
Our opinion is that due to the headline risk of bitcoins, and the often quoted connotation to money laundering, IG’s management preferred to discontinue trading in the digital currency. With their exist, it leaves only Anyoption as the only binary options broker offering bitcoin derivatives. In terms of Anyoption, bitcoin trading is expected to exist until at least the summer, as their product feature expirations as late as July 15th.
IG Group at the iFXEXPO