According to one of the Juniper Research’s reports, Bitcoin cryptocurrency ecosystem will have nearly 5 million active users by 2019; chiefs of some of the world’s leading finance organizations, including Nasdaq and Westpac, believe Bitcoin technology will be a major disruptor for the traditional banking sector; the first quarter of 2015 reported a 51% increase in investments made into the Bitcoin sector.
Through a few examples quoted above, it becomes evident that Bitcoin, after all, is gaining traction into the mainstream business circles. From stock firms to a simple t-shirt seller, everybody is getting involved in this new disruptive payment technology. In this article, our focus, however, is one such industry that has made Bitcoin popular among international traders.
Binary Options and Bitcoin
The relationship between binary options and Bitcoin goes way back to 2013, when Plus500 and IG had consecutively announced that they were supporting leveraged Bitcoin trading on their respective online platforms. What followed later was a flock-walk, where most of the leading binary option brokers were — in one way or another — are integrating Bitcoin. These firms include AvaTrade, Nadex, Tradesmarter and many others.
Bitcoin As Payment Solution
Interestingly, it is not just the trading features that attract binary options