Why Use Bitcoin For Binary Options?
Bitcoins make online transactions easier, in the case of binary options trading the advantages include
- Free and instant deposits and withdraws of any amount 24/7
- The brokers save so much money in transaction processing and charge backs that they can give higher payouts and better service
- Trading anonymously makes it impossible for a broker to limit your trading or to sell your details and credit card information
- Trading anonymously makes it easier to avoid legal restrictions and tax burdens
Once the funds are in your account there is no difference in the binary option trading mechanisms than there is at the best government currency brokers. You have your account balance and calling, putting, high/low, range etcetera all still work in the same way. Where bitcoin helps a lot is getting funds in and out of your trading account and helping you be anonymous if you like.
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