BinaryCoin Review - Cryptocurrency; Binary Options Bitcoin MLM Plan
In other words, there’s no real information as to who’s actually running BinaryCoin. While we understand the concept of a decentralized platform, especially when it comes to cryptocurrencies, these platforms are also supposed to be transparent – and without any of this transparency it’s already looking like BinaryCoin is a bad idea investment-wise.
Binary Cent requires you to withdraw a minimum amount of $50. You will be charged 5% for credit card withdrawals from your processor but no fees from Binary Cent. Luckily for traders, all requests are processed within an hour.
BinaryCoin claims to be a new decentralized cryptocurrency that’s meant to "unite binary options investors" together in a universal currency. However, the truth is that BinaryCoin looks to be nothing more than a high-yield investment program (HYIP) dressed up through yet another altcoin ICO.
IQ Option offers a comprehensive chat and support feature for its traders. For this, it has divided threads for cryptocurrencies, stocks, and forex. You can raise a ticket to the support team and then contact them. It is a must to follow all the rules set by the moderator. Not following them will lead to you getting permanently blocked from this feature.
Firstly, I would like to state strongly – Binary Options are based on speculation. Nothing is for sure and winning is a possibility not a certainty. Nevertheless, Binary Options trading definitely adds an extra dimension to speculation because there are so many trading tools and trading options that it is quite possible that one could make a correct speculation. Binary Options trading is mainly based on research and a certain amount of knowledge (about the markets and assets), but it is also strongly based on risk management. What I’m saying is that one is not required to become a Forex market guru to trade Binary Options, but he needs to be knowledgeable, alert and aware. To begin with, Binary Options require only a small level of investment but give a very rewarding level of return. Online platforms have made the trading of Binary Options easier because any trader across the globe can trade Binary Options and receive the needed information for trading. Making a few smart and profitable investments while losing some other minor investments could generate high profits in a short amount of time. Binary Options trading is breathtaking, profitable and fun. As the Binary Options industry is growing, trading has become more popular and far more advanced. Always keep in mind, however, the road for high profits starts with a trusted Binary Options Broker that fits your needs as a trader.
Below is an overview on some of the Binary Option types of trades you can make when you become a customer of the Banc De Binary site, be aware you may also qualify for a welcome bonus when you make your first initial deposit into the Banc De Binary site and start to trade, so look out for this offer one their website as it is a generous one!
That’s where a binary options demo account comes in useful. Every half-decent broker will let you use their trading platform demo fashion, gambling nothing more than numbers on a screen instead of money from your account. It’s probably the best way there is to start testing (and recording in your diary, naturally) your binary options strategies, without losing your shirt.
High Low Binary Options – You are not going to get confused or baffled if you want to place a High Low type of Binary Option trade at Banc De Binary, these types of trades simply require you to pick any of their listed assets in the hope that you can predict that at the end of the day or time period indicated they will have increased or decreased in value One Touch Binary Options – Over at the Banc De Binary site you can place what are known as one touch binary option trades, once again must like the trades above these are really easy to understand and when you place such a trade you are hoping it will touch at any given time period the price indicated on the market if it does you have won! Boundary Binary Options – You are offered two prices when placing this kind of option trade and as long as the price of the asset chosen stays within those two boundaries then you will have made a winning trade and will be paid out accordingly. Early Closure Binary Options – If you have made a profit during a set amount of time when making any trade but are still waiting for the time limit to expire on that trade you may wish to take an early closure, when you do this you are paid out a percentage of the winning trade amount for leaving the trade early, which is ideal if you want to lock in a guaranteed profit!
To trade binary options you will need to open an account with a brokerage. Since 2008 when binary options became available to the large public, brokers have started to appear and they never stopped. Nowadays, literally hundreds of such brokers are operating and just waiting for you to open an account. Registration is free of charge and all you have to pay is some bank transaction fees (in some cases) and of course, the money you want to invest. Be careful though because not all of these brokers are trustworthy. We recommend you choose one of our Recommended Brokers or at least a regulated one. Also, before you venture into the binary options industry we advise you to read our articles on How To Choose Your Binary Options Broker and Binary Options Regulation – Everything You Need To Know.