Bitcoin Binary Options
Bitcoin binary options combine two financial components that have grown in popularity in the last decade. They offer portfolio diversification from more common trading assets and good returns for a low amount of capital. Of course, there are benefits and drawbacks to this style of investing, and profitability can vary based on your strategy. Use this detailed guide to learn how to trade bitcoin binary options. We also list the top BTC binary options brokers in 2025.
Bitcoin Binary Options Brokers
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Pocket Option provides extremely short-term binary options starting at 3 seconds on an easy-to-use web platform ideal for novices. With payouts exceeding 90%, the 'Double Up' and 'Rollover' tools offer additional chances for profit.
Pocket Option boasts an impressive range of cryptocurrencies including Bitcoin, Dogecoin, and Litecoin. Notably, it stands out as one of the few binary brokers providing a Bitcoin ETF. Crypto payouts can reach an excellent 92%, a significant improvement from the 15% observed in previous tests.
Crypto Coins- BTC
- ETH
- BCH
- LINK
- AAVE
- ALGO
- TLM
- ALPP
- ANT
- AVAX
- AXS
- BNB
- ADA
- CHZ
- COMP
- ATOM
- DASH
- MANA
- DGB
- DOGE
- ENJ
- EOS
- FIL
- GLMR
- ILV
- ICP
- KAVA
- LTC
- MKR
- MASK
Min Deposit Payout % Expiry Times $5 92% 3 seconds - 1 month Bonus MetaTrader 4 Markets 100% Deposit Bonus Yes Forex, Stocks, Crypto, Commodities -
IQCent provides binary options featuring exceptional payouts up to 98%. The platform, albeit with basic analysis tools, accommodates various timeframes ranging from 1 minute to 1 month, supporting both short and long-term trading strategies. However, it is worth noting that stock binaries are unavailable.
IQCent provides various crypto binary assets with USDT, including Bitcoin and Trump hype, offering exceptional payouts up to 1500%. The blend of OTC and standard crypto binaries guarantees continuous trading options. In our recent tests, the platform performed swiftly with minimal lag.
Crypto Coins- BTC
- ETH
- LTC
- ETC
- DOGE
- MATIC
- QNT
- SOL
- XRP
- USDT
- XMR
- BNB
Min Deposit Payout % Expiry Times $250 98% 5 seconds - 1 month Bonus MetaTrader 4 Markets Monthly Giveaways (e.g. iPhones & Apple Watches) No CFD, Forex, Crypto, Commodities -
Capitalcore has broadened its range of trading products by adding binary options for forex, metals, and cryptocurrencies, offering returns of up to 95%. Designed for short-term traders, contract durations vary from 1 minute to 1 hour. The user-friendly web platform makes trading simple; just click 'Call' if you predict a price increase or 'Put' for a decrease.
Capitalcore enables traders to predict the price movements of popular cryptocurrencies, such as Bitcoin and Ethereum, via short-term OTC binary contracts. Its platform excels in charting, offering over 90 indicators through the TradingView package. During peak sessions in recent tests, crypto payouts were robust, hitting 84–87%.
Crypto Coins- BTC
- ETH
- BCH
- XRP
- LTC
Min Deposit Payout % Expiry Times $10 95% 1 minute - 1 hour Bonus MetaTrader 4 Markets - No CFD, Forex, Stocks, Crypto, Commodities -
CloseOption provides binary options trading on over 30 fiat and digital currencies via a user-friendly online platform. With 15 contract durations ranging from 30 seconds to 1 month, it caters to both short-term and long-term traders. New users receive a welcome bonus.
CloseOption provides high/low binary options on a range of major cryptocurrencies paired with USD, including Bitcoin and Litecoin. Our recent tests showed competitive crypto returns, reaching 82% during peak times and 74% during lower volumes. Trade cryptos easily with one-click execution and see your recent trading history clearly displayed on the platform.
Crypto Coins- BTC
- BCH
- ETH
- LTC
- XBT
Min Deposit Payout % Expiry Times $5 95% 30 seconds - 1 month Bonus MetaTrader 4 Markets - No Forex, Crypto -
Videforex provides binary options with 20% returns on cryptocurrencies and up to 95% on more stable assets, outperforming many rivals. It supports contract durations from 5 seconds to 1 month. New users benefit from a welcome deposit bonus.
Traders can engage in speculation on cryptocurrency prices against USD and CNY using binary options and CFDs. Although the selection of digital currencies is somewhat limited compared to other options, key tokens such as Bitcoin are available.
Crypto Coins- BTC
- ETH
- QUANT
- UNI
- SOL
- BNB
- DOGE
- XRP
- XMR
- MATIC
- USDT
Min Deposit Payout % Expiry Times $250 95% 5 seconds - 1 month Bonus MetaTrader 4 Markets 100% Deposit Bonus No CFD, Forex, Stocks, Crypto, Commodities -
Engage in trading high-low binary options on currencies, metals, and cryptocurrencies, offering significant returns. Binary options provide a clear wager on the short-term movement of an asset.
Trade over 60 cryptocurrencies in CFD pairs with currencies like USD, AUD, CHF, EUR, and GBP. Access leverage up to 1:10. Traders incur a 0.5% commission.
Crypto Coins- BTC
- BCH
- DSH
- ETC
- ETH
- LTC
- XMR
- ZEC
- BAT
- EOS
- IOT
- NEO
- OMG
- BNB
- XLM
- TRX
Min Deposit Payout % Expiry Times $10 86% 1 minute - 48 hours Bonus MetaTrader 4 Markets - Yes CFD, Forex, Stocks, Crypto, Commodities -
RaceOption provides over 100 binary options with competitive returns up to 95% and rapid expiry times starting at 5 seconds. A minimum deposit of $200 grants clients free transactions, speedy withdrawals, and various trading bonuses.
RaceOption has expanded its range of crypto binaries, now featuring 35 assets paired with USDT, including Bitcoin, Doge, and Ethereum. During testing, crypto payouts matched platform and industry norms, reaching 87% at peak times. Off-peak declines were less pronounced compared to CloseOption.
Crypto Coins- BTC
Min Deposit Payout % Expiry Times $250 95% 5 seconds - 30 days Bonus MetaTrader 4 Markets 100% Deposit Bonus No CFD, Forex, Stocks, Crypto, Commodities
Pocket Option
IQCent
Capitalcore
CloseOption
Videforex
Grand Capital
RaceoptionSafety Comparison
Compare how safe the Bitcoin Binary Options are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pocket Option | ✘ | ✘ | ✘ | ✘ | |
| IQCent | ✘ | ✘ | ✘ | ✘ | |
| Capitalcore | ✘ | ✔ | ✘ | ✔ | |
| CloseOption | ✘ | ✘ | ✘ | ✔ | |
| Videforex | ✘ | ✔ | ✔ | ✘ | |
| Grand Capital | ✘ | ✘ | ✘ | ✔ | |
| Raceoption | ✘ | ✘ | ✘ | ✔ |
Payments Comparison
Compare which popular payment methods the Bitcoin Binary Options support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pocket Option | ✘ | ✔ | ✔ | ✘ | ✘ | ✘ |
| IQCent | ✘ | ✔ | ✔ | ✘ | ✘ | ✘ |
| Capitalcore | ✘ | ✘ | ✘ | ✘ | ✘ | ✘ |
| CloseOption | ✘ | ✘ | ✘ | ✘ | ✘ | ✘ |
| Videforex | ✔ | ✘ | ✔ | ✔ | ✔ | ✘ |
| Grand Capital | ✔ | ✔ | ✔ | ✔ | ✘ | ✘ |
| Raceoption | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Bitcoin Binary Options at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pocket Option | iOS & Android | ✘ | ||
| IQCent | iOS & Android | ✘ | ||
| Capitalcore | Android, Webtrader | ✘ | ||
| CloseOption | iOS & Android | ✘ | ||
| Videforex | Android | ✘ | ||
| Grand Capital | ✔ | ✘ | ||
| Raceoption | iOS & Android | ✘ |
Beginners Comparison
Are the Bitcoin Binary Options good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pocket Option | ✔ | $5 | $1 | ||
| IQCent | ✔ | $250 | $0.01 | ||
| Capitalcore | ✔ | $10 | 0.01 Lots (CFD/Forex), $1 (Binaries) | ||
| CloseOption | ✔ | $5 | $1 | ||
| Videforex | ✔ | $250 | $0.01 | ||
| Grand Capital | ✔ | $10 | 0.01 Lots | ||
| Raceoption | ✔ | $250 | $0.01 |
Advanced Trading Comparison
Do the Bitcoin Binary Options offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pocket Option | ✔ | ✘ | - | ✘ | ✘ | ✘ | ✘ |
| IQCent | ✘ | ✘ | 1:500 | ✘ | ✘ | ✘ | ✘ |
| Capitalcore | - | ✘ | 1:2000 | ✔ | ✘ | ✘ | ✘ |
| CloseOption | - | ✘ | - | ✘ | ✘ | ✘ | ✘ |
| Videforex | ✔ | ✘ | 1:500 | ✘ | ✘ | ✘ | ✘ |
| Grand Capital | ✔ | ✘ | 1:500 | ✘ | ✘ | ✘ | ✘ |
| Raceoption | - | ✘ | 1:500 | ✘ | ✘ | ✘ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Bitcoin Binary Options.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pocket Option | |||||||||
| IQCent | |||||||||
| Capitalcore | |||||||||
| CloseOption | |||||||||
| Videforex | |||||||||
| Grand Capital | |||||||||
| Raceoption |
Our Take On Pocket Option
"Pocket Option is a top choice for active traders due to its extensive binary assets and regular platform enhancements, such as 'AI Trading' and expanded expiry options from 3 seconds to 1 month."
Pros
- The MetaTrader platforms provide robust analysis and technical summaries tailored for short-term traders.
- The variety of payment options surpasses most competitors, offering traders in numerous countries swift, secure, and convenient deposit processes.
- Over the years, Pocket Option has won several annual awards from DayTrading.com, including the notable 'Best Binary Broker 2025' after enhancing its trading tools.
Cons
- To gain access to over 250 assets, a deposit of $1000 is required. Without this deposit, traders will only have access to a selection of 130 assets.
- Although binary brokers such as IQCent provide returns reaching 98% based on evaluations, others typically offer competitive payouts up to 92%.
- Pocket Option presents a streamlined version of MT4 and MT5, lacking the comprehensive charting tools that experienced traders seek.
Our Take On IQCent
"IQCent caters to traders seeking customised binary assets, offering over 150 products, such as ‘Hype Pool’ contracts for trending events. It features short-term expiries starting at 5 seconds and payouts reaching 95%, with a potential 3% boost. The TradingView charting package, complete with over 100 indicators, suits serious, quick-paced traders."
Pros
- The proprietary terminal features TradingView charts, providing numerous technical indicators and analyses for traders.
- IQCent has expanded its offerings by adding over 60 new assets. This includes popular cryptocurrencies like TON and SHIB, high-ranking stock CFDs such as TSLA and NVDA, and unique FX pairs like THB and HUF.
- The broker provides payouts of up to 98% on binary options, surpassing alternatives such as Pocket Option, which offers a maximum of 92%.
Cons
- The market analysis provides only fundamental details, offering limited technical summaries and insights from analysts.
- Automated trading support is unavailable for algorithmic traders.
- IQCent imposes a £10 monthly inactivity fee if a trader does not execute at least one trade each month.
Our Take On Capitalcore
"Capitalcore operates a leading binary options platform, ideal for those requiring sophisticated charting capabilities. Integration with TradingView provides over five chart types and 90 indicators. The 'double up' and 'rollover' features, allowing quick trade replication or extension, are superb for strategy enhancement."
Christian Harris
Reviewer
Pros
- Unlike the majority of brokers, Capitalcore provides a limitless demo account, which can be set up in less than five minutes.
- Capitalcore now offers trading on over 30 currency pairs, metals, and cryptocurrencies. With one-click functionality, traders can enjoy payouts of up to 95%.
- The Capitalcore platform offers advanced charting tools and over 150 technical indicators, perfect for in-depth market analysis.
Cons
- Capitalcore lacks regulation from major financial authorities, casting doubt on its reputation and raising concerns over the safety of client funds.
- Capitalcore's limited education and research offerings fall significantly behind industry leaders like IG, rendering it less ideal for aspiring traders.
- During testing, the web platform proved unreliable due to sporadic technical issues, causing the trading platform to fail loading at times.
Our Take On CloseOption
"CloseOption ranks as the most accessible binary broker for novice traders. Registration is under five minutes, with a minimum deposit of $5 and a minimum stake of $1. It also caters to competitive traders with weekly tournaments offering cash prizes up to $1,300."
Pros
- New traders can begin with just a £5 minimum deposit.
- Various international payment options are accessible.
- CloseOption hosts weekly trading competitions, awarding cash prizes to traders.
Cons
- Clients must deposit over $50,000 to be eligible for the highest returns.
- CloseOption lacks regulation by a reputable financial authority.
- Binary options are exclusively offered for both traditional currencies and cryptocurrencies.
Our Take On Videforex
"Videforex offers an intuitive platform for traders speculating on market trends with binary options, focusing on cryptocurrencies and stocks, with numerous assets available. TradingView charts support technical analysis. However, the absence of regulation poses significant risk."
Tobias Robinson
Reviewer
Pros
- Videforex has expanded its offerings, allowing traders to access popular cryptocurrencies like TON, ARB, PEPE, and SHIB, leading tech stocks such as Tesla, Meta, Nvidia, and Amazon, and a more varied FX portfolio including THB, ZAR, and MXN.
- Videforex is among the select brokers offering round-the-clock multilingual video support, ensuring thorough assistance for active traders.
- Videforex frequently holds trading contests, providing both novice and seasoned traders with practice opportunities and cash prizes. Traders can participate with position sizes starting as low as 1 cent.
Cons
- Videforex is not licensed by a reputable regulator, leaving traders with minimal or no protection, such as segregated client accounts.
- Based on recent tests, the client terminal requires enhancements, as its widgets occasionally become slow and unresponsive, which could affect traders' experience.
- The lack of educational resources is a significant disadvantage for novice traders. In contrast, leading firms offer blogs, videos, and live trading sessions.
Our Take On Grand Capital
"Grand Capital is a solid choice for traders adept with MetaTrader and passive investors seeking copy trading and LAMM options. However, its regulatory standing falls short compared to rivals."
Pros
- A broad range of payment options and account currencies is available.
- GC Invest platform for copy trading
- Comprehensive investment options, featuring the specialised GC Option brand for binary trading.
Cons
- Elevated spreads on certain assets
- Minimal regulatory supervision.
- Basic education and market research
Our Take On Raceoption
"RaceOption ranks highly among binary firms, offering diverse assets, including US tech stocks and unique cryptocurrencies. It caters well to intraday traders with 5-second turbo contracts and tick charts via TradingView charts. Frequent contests enhance the binary trading experience."
Pros
- Returns on well-known assets such as EUR/USD can go up to 95%, outperforming many other options based on our analysis and boosting potential gains. Additionally, the initial three trades incur no risk in Silver and Gold accounts.
- RaceOption is among the select few brokers providing 24/7 multilingual video chat. However, our interactions suggest that their agents require better understanding of trading and regulatory matters.
- RaceOption simplifies account funding with no-fee, near-instant deposits through bank cards and cryptocurrencies. Withdrawals are processed within one hour, guaranteed.
Cons
- RaceOption, lacking both a demo account and educational resources, is not ideal for novice traders.
- The $250 minimum deposit, though still attainable for numerous retail investors, presents a higher entry barrier compared to platforms like Deriv and World Forex, which cater more to budget-conscious traders.
- RaceOption operates as an unregulated broker, offering high-risk trading with no investor compensation or legal remedies if trading or withdrawal problems arise.
Bitcoin Binary Options Explained
Before learning how to trade binary options in bitcoin, it’s important that you understand how the key components of bitcoin and binary options trading function individually.
Bitcoin
Today, bitcoin (BTC) is recognised as the first major cryptocurrency to be traded on a large scale. Bitcoin was born as a data set housed on a blockchain. Blockchains are the basis for all the crypto coins currently traded and are essentially an encrypted transaction log that is highly secure. All trades are verified by users also known as miners who earn bitcoin for validating the encrypted transactions. As an alternative to bitcoin mining, a more common way to earn bitcoin is to trade the coin.
As with all cryptocurrencies, bitcoin is volatile in nature and its price can fluctuate significantly. When it comes to binary options vs bitcoin, binary options can offer a more stable and manageable style of trading than simply purchasing the bitcoin asset itself.
Binary Options
Binary options operate on a simple yes or no proposition. The components of binary options such as expiry times, profits and costs are all fixed, which means that there is no scope for incremental gains or losses.
Binary options are available on many different asset types including crypto, stocks, commodities, forex and many other financial instruments.
In a typical binary options trade, the investor will enter an agreement with the broker that an asset will reach a certain price. The trader can buy either ‘call’ or ‘put’ options depending on whether they believe the asset will rise or fall. If the investor’s judgment was right, then their trade will close ‘in the money’ and they receive a payout.
Bitcoin Binary Options Example
In bitcoin binary options trading, BTC is the underlying asset. Trading the asset is a “bet” on whether or not bitcoin’s market price will increase or decrease by the time of expiry. The timeframe for expiry can range from short-term periods such as 30 seconds all the way up to several weeks, which would be more aligned with swing trading.
Below is a worked example:
A new crypto investor believes that bitcoin is overpriced and the value of the token will fall from its open price of $50,0000 down beyond $45,000 before the end of the day. Therefore, the trader buys 10 ‘put’ bitcoin binary options which cost $10 per option, making a total investment of $100 due to expire at 11 pm. At the time of expiry, bitcoin is trading at $44,999 and the investor receives a payout as the trade has finished ‘in the money.’
When trading bitcoin binary options, brokers are essentially acting as bookmakers and trading this asset class is betting against the bookmaker. All brokers need to make a profit to stay in business, and therefore a solid success rate is required to offset the chances of losses.
Using Bitcoin Binary Options To Hedge
Bitcoin binary options can also be used to hedge positions on other binary options or different asset classes. Traders can buy bitcoin binary options which will expire in the money if the price of an asset moves in the opposite direction of their other position.
For example, a trader may buy some ‘call’ bitcoin binary options when they have a short position on BTC itself. If the price of the coin falls then the trader is in the money with the short and out of the money with the options.
Conversely, if the price of the cryptocurrency rises, then the trader is in the money with the binary options and out of money on the short.
In both scenarios, the outcomes have been hedged to reduce the impact of any loss. Note, brokers may not permit traders to enter into contradicting positions, so investors may need to open accounts on several platforms.
Benefits of Bitcoin Binary Options Trading
There are several advantages to trading bitcoin binary options:
- Easy To Track – Bitcoin binary options are restricted to a yes/no outcome, which means that there is no need for traders to regularly monitor their position.
- 24-hour Trading – Bitcoin and other cryptocurrencies are available to trade at all times. Similarly, most broker’s bitcoin binary options platforms will be open to trade at any hour.
- Various Timeframes – Investors can choose the expiration time and date of the option they wish to buy from the broker. Traders can adapt the binary option to suit their style and time commitments.
- Small Investment Requirement – When you buy bitcoin binary options instead of buying bitcoin itself, the financial commitment is much lower. Rather than having to buy large amounts of a volatile asset, with binary options the trader simply pays a small premium on each trade.
- Known Risk – If a binary options trade expires unsuccessfully, the losses are limited to the premium paid on the option. Unlike other asset classes, there is no risk of a margin call. Importantly, traders cannot lose more than what they paid for the option.
Drawbacks of Bitcoin Binary Options Trading
There are also some disadvantages to trading bitcoin binary options:
- Limited Number Of Brokers – Not all brokers offer bitcoin binary options. Therefore, some investors may have to sign up to multiple brokerages if they wish to build a diverse portfolio.
- Fixed Profits – The gains that can be realised from bitcoin binary options are fixed. The payout will never exceed what the trader agreed with the broker when buying the option. Unlike other asset classes, there are no incremental gains if the price goes higher than the expiration value.
- High Risks – bitcoin binary options payout rates can vary depending on which broker you trade with. Low payout rates such as 60% or less mean that traders would need to have a high success rate in order to make bitcoin binary options trading viable. Some of the top bitcoin binary options brokers will offer much higher payouts, however the likelihood of a trader winning such bets is significantly lower.
How to Start Bitcoin Binary Options Trading
1. Choose a Broker
Some traders may already have signed up with a broker that offers bitcoin binary options. If not, there are some key factors to consider:
Deposit & Withdrawal Methods
The best brokers offer a range of deposit and withdrawal methods that are affordable, secure and processed quickly. Most bitcoin binary options deposits and withdrawals can be made via debit cards, PayPal and many other forms of payment. Some brokers will even accept bitcoin itself.
Fees
High fees or charges can severely impact your profit margins. Most brokers will be transparent about their fee structure and what charges apply. You should consult the brokerage’s website before signing up, or ask any questions you have via the live chat service. Alternatively, see our broker reviews where we break down premiums and account charges.
Security & Regulation
When investing personal capital, ensuring that your funds are protected and secure is essential. Be wary of fraudulent companies pretending to be brokers that steal the deposits of bitcoin binary options traders. To protect yourself, be sure to verify that the broker is genuine by reading reviews or checking whether the broker is regulated by a reputable body such as the FCA.
Note, the UK regulator has clamped down on binary options trading platforms so investors may need to sign up with an offshore provider.
Other Features
Certain crypto binary options brokers will offer additional features like demo accounts, trading signals, educational resources, bonuses and other asset classes. Most brokers will provide this information on their website, and you should compare a few different providers to find the right provider for your needs.
2. Fund Your Account
Once you’ve signed up with your chosen broker, it’s important to be prepared with funds in your account. Like all cryptocurrencies, bitcoin is a volatile asset and you may need to move quickly to capitalise on sudden price movements.
3. Choose a Strategy
There are a variety of different contracts that traders can enter with brokers when trading bitcoin binary options. These include:
- Touch/No Touch – If bitcoin reaches a certain price before the expiry time, then the trade is closed out immediately and the trader receives a payout.
- Under/Over – This is the most common binary options contract: the trader’s bet with the broker is based on whether bitcoin’s price will be under or over a certain price at the expiration date.
- Boundary Options – The trader and the broker agree on a price range, and a bet is made on whether or not the trader thinks that bitcoin’s price will expire inside or outside of the range. Boundary options are also known as “in/out” or “tunnel” options.
- Ladder – With this binary option, the price of bitcoin must hit multiple incremental strike prices which are increasing or decreasing in value. Because of the price targets that must be reached, the payout on these contracts is typically higher than other contract options.
Note, not many bitcoin binary options brokers will offer all of these contracts.
4. Enter The Market
Once you have funded your account and chosen your strategy, you are ready to trade. All strategies should be supported by your research and technical analysis. Being up to date with the latest market developments and bitcoin news stories will aid your decision-making process significantly. You should also implement risk management techniques in order to limit your potential losses and trade responsibly.
Should You Trade Bitcoin Binary Options?
Bitcoin binary options offer a unique and diverse way to trade cryptocurrency. Trading bitcoin binary options is easy to understand, highly accessible, and does not require a significant financial investment. While traditional bitcoin trading is risky due to the volatility of the asset, binary options are fixed to a time-limited yes or no outcome which helps to reduce the risk for investors.
FAQs
What Are Bitcoin Binary Options?
Bitcoin binary options combine cryptocurrency trading with binary options bets. Traders enter a contract with the broker which sets out whether or not the trader believes the price of bitcoin will reach a certain price by an agreed expiry date.
Which Are The Best Bitcoin Binary Options Platforms?
Many different brokers offer cryptocurrency-based binary options that include bitcoin, for example, Pocket Option.
Are Bitcoin Binary Options A Good Investment?
The payouts offered by brokers on bitcoin binary options investments can often be as low as 70%. The returns are not particularly lucrative if the likelihood of the trade expiring in the money is also very high. That being said, traders with strong bitcoin market experience may see good returns.
Is Bitcoin Binary Options Trading Safe?
Some traders have reported being scammed out of their deposits by fraudulent platforms. Traders should always read reviews before committing funds. See our list of trusted bitcoin binary options brokers to get started.
Can You Deposit Using Bitcoin With Binary Options Brokers?
Yes, there are several binary options brokers that allow traders to deposit in bitcoin. However, it is very unlikely that withdrawals are available using the same method.