Binary options are an alternative trading method that seems to be thriving within the cryptocurrency ecosystem. Many binary options platforms provide access to stocks, indices, commodities and foreign exchange, as a high-low binary, in which customers open their positions in relation to what will be the price move within a certain period of time. This is because the option runs on a certain period which means it has an expiry time and also a strike price. Binary Options are extremely simple to use and by using the adequate strategy it can turn out to be a very profitable activity.
Thanks to courtesy of BitPlutos, the very first binary options trading exclusively on Bitcoins, we now begin our short series of tutorials on how to profit from binary options trading.
Today, we focus on different binary options types.
Binaries are the most popular trading instrument at BitPlutos. It is by far the easiest tool for trading, especially for beginners. The investment amounts range from 0.05 to 5 BTC. There just three easy steps to start trading. Just choose the asset you want to trade, enter the amount that