Bitcoin binaryoptions is the newest thing in online binaryoption trading , players can trade on assets , commodities , currencies and indicies anonymously with the best payout percentage in the industry.
What is binaryoptions?
Binary options is a simple perdiction of yes or no , choosing the dicrection that a certain asset will close on in a set amount of time.
Binary option term for this is "Put" (Up) or "Call" (Down).
Will an asset ( Commodities ,Indices ,Stocks ,Currency) be over or under in a certain price at a specified time? Traders will then place the trade based on whether they forcast the direction based on there feeling , knowledge or inside depth to the asset.
Binaryoptions is very simple to do which is why it has become so popular in the financial world making it a great past time or fulltime proffession to many traders.
Why use binaryoptions with bitcoin?
There are many reasons to use bitcoins when trading rather than the traditional fiat currencies
Anonymity - keep your financial and gambling discretion , not everyone wants there family or close ones to know what they are doing , with bitcoin there is no names or monthly bills , your account has no details on it as it is completely anonymous
INSTANT DEPOSITS / WITHDRAWLS - all bitcoin trasactions are generally instant or take a few minutes until the trasaction has 1 confirmation in the blockchain.
LOW FEES - the lowest fees around , bitcoin fees are very low , usually no more tha a few cents on a transaction , also with withdrawing all companies usually take the processing fees on them