Binary options are easy to understand than conventional trading. Just pick a time interval and choose Up or Down. But you need a correct strategy to survive longer.
With everyone’s eye is on Bitcoin, let’s talk about Bitcoin binary options. With Bitcoin going mainstream day by day, every major trading houses implementing Bitcoin in their list of financial instruments.
Recently they added Ethereum and Litecoin binary options if you are into those coins.
What makes OlympTrade a one of kind binary options platform?
OlympTrade gives away smart news in its app that can be crucial. They deliver news early so that we can take full use of it.
Here are some muscular hallmarks of OlympTrade –
1. Demo account
A demo account worth $10,000 in addition to your trading account is the key feature of OlympTrade. First, get to know how OlympTrade works by playing with the Demo account.
Make full use of these $10,000 so as to become venerable in Bitcoin binary options.
2. Easy execution
Just select Up or Down and timeframe. That’s it. Trade opens quickly no matter the expiry, whether it is 1 min or 15 min. Just one touch and you are done.
3. Cancel trade and save money
Not feeling the trade is going to be successful? Then cancel the trade with minimal loss and save money.
I love this, whenever I feel I was wrong to open a particular trade this feature comes handy.
4. Education and Strategies
OlympTrade gives you all the necessary information for trading in its education section. Different trading course and strategies are there to feast upon.
Get to know the strategies described by OlympTrade.
Candle chart or linear chart. Choose one and select time frame of charts like 1min, 10, min etc. Learn to read the basic charts.
6. Indicators and lines
Lots of indicators like SMA, RSI, STOCHASTIC, PARABOLIC, MACD, and lines like Horizontal, Vertical and Trend are right there in the app.
Latest news and updates to act quickly and take profit. OlympTrade only gives you news that can have major impact on the price of Bitcoin
8. Lots of currencies other than Bitcoin
OlympTrade is exclusively for Bitcoin but many currency pairs like EUR-USD, GBP-USD, USD-JPY, AUD-USD, etc. can b traded.
9. Stocks, Indexes, and Commodities
Apart from currencies Stocks like Tesla, Google, Apple, BMW Indexes like DAX, NASDAQ, Dow Jones, S&P 500, etc and commodities like Gold, Silver, BRENT, Copper, Platinum, are also available for trading. Make most out of these properties.