ππ⚡Other top brokers for trading Binary Options on cryptocurrency
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There are several brokerages in the market that allow you to trade binary options on cryptocurrencies. However, finding the right brokerage for your needs from a pile of similar brokerages can be challenging. We've shortlisted the top three binary options brokerages for your convenience.
1. Pocket Option
The go-to brokerage for traders of all skill levels, Pocket Option makes it to the top of the list for several reasons. It gives traders access to over 100 assets, including cryptocurrencies, stocks, forex, indices, and more. It also gives users access to a demo account where traders can get a feel for the platform or try out trading strategies without spending real capital.
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Depositing and withdrawing funds is easy because of the several payment methods offered. In addition, the minimum deposit amount is $50, and users can trade with just $1, enabling new users to start small and minimize risk. The excellent website layout, easy-to-use charts, variety of technical analysis tools, and high payouts make it one of the most popular brokerages globally. It serves 10 million traders across 95 countries. Withdrawing your funds is just as easy as depositing them, and the Pocket Option can be accessed on both Android and iOS devices via the app. But perhaps the best thing about the platform is that the IFMRRC regulates it.
2. RaceOption
RaceOption is the right brokerage to sign up with if you're looking for the best bonuses and offers when trading binary options on cryptocurrencies. The platform offers over 100 assets across markets. In addition, its extensive rewards program helps traders make extra income. RaceOption regularly hosts giveaways, giving you the chance to win prizes like iPads, computers, and cash. The social trading features can give novice traders a deeper look into the trading style of more experienced traders.
While it is considered a reliable platform by traders across the globe, it is not licensed to operate in the USA, which is a slight disadvantage. But, overall, RaceOption is a secure and respectable platform that any binary options trader will not hesitate to recommend.
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3. Binary . com
One of the oldest brokerages in the world of binary options, Binary . com has been operating since 1999. It boasts a user-friendly design, and its exhaustive educational section makes it easy to start trading binary options. With Binary . com, you can trade 24/7 and even on the weekends. The demo account comes loaded with $10,000 of virtual credit that you can use to test out trading strategies. Demo accounts are free to access, and if you like the platform, you can create an account and trade with real capital. The low minimum deposit, easy payment methods, and excellent regulatory oversight make it hard not to recommend Binary . com. Also, withdrawals are available in cryptocurrencies. If you want to withdrawal your profit in cryptocurrencies, this is not a problem. The Binary Options Broker offers you the same withdrawal methods as the deposit. Through my tests, the companies withdraw the exact amount without any hidden fees. The payments are processed quickly.
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