Crypto Binary Options
Crypto binary options combine two contemporary products to provide high potential profits with capped risk. This guide to trading crypto binary options explains how contracts work, the pros and cons, popular strategies, plus the best supporting brokers. We also share our top trading tips to help you get started.
Best Crypto Binary Options Brokers
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Pocket Option provides ultra-short-term contracts, starting from just 5 seconds, on an intuitive platform ideal for novice traders. Payout rates exceed 90%, comparable with competitors, and the 'Double Up' and 'Rollover' functions enable additional earning possibilities. On the downside, its range of over 130 assets is less extensive than that of brokers such as Quotex, which offer more than 400 options.
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 $50 92% 5 seconds - 4 hours Bonus MetaTrader 4 Markets 50% 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.
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 20% to 200% Deposit Bonus 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.
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.
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 competitive returns, offering 20% payouts on cryptocurrencies and up to 98% on more stable assets. This outperforms many rivals. Traders can choose contracts ranging from 5 seconds to 1 month. Additionally, new users benefit from a welcome deposit bonus.
Crypto Coins
- BTC
- ETH
- QUANT
- UNI
- SOL
- BNB
- DOGE
- XRP
- XMR
- MATIC
- USDT
Min Deposit Payout % Expiry Times $250 98% 5 seconds - 1 month Bonus MetaTrader 4 Markets 20% to 200% 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.
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 trading options with payouts reaching 95% and expiries starting from just 5 seconds. A minimum deposit of $250 allows clients to benefit from zero deposit fees, swift withdrawals, and an array of trading bonuses.
Crypto Coins
- BTC
Min Deposit Payout % Expiry Times $250 95% 5 seconds - 30 days Bonus MetaTrader 4 Markets 20% - 200% Deposit Bonus No CFD, Forex, Stocks, Crypto, Commodities
Pocket Option
IQCent
Capitalcore
CloseOption
Videforex
Grand Capital
RaceoptionSafety Comparison
Compare how safe the Crypto 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 Crypto 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 Crypto 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 | - | ✘ | ||
| CloseOption | iOS & Android | ✘ | ||
| Videforex | Android | ✘ | ||
| Grand Capital | ✔ | ✘ | ||
| Raceoption | iOS & Android | ✘ |
Beginners Comparison
Are the Crypto 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 | ✔ | $50 | $1 | ||
| IQCent | ✔ | $250 | $0.01 | ||
| Capitalcore | ✔ | $10 | 0.01 Lots | ||
| CloseOption | ✔ | $5 | $1 | ||
| Videforex | ✔ | $250 | $0.01 | ||
| Grand Capital | ✔ | $10 | 0.01 Lots | ||
| Raceoption | ✔ | $250 | $0.01 |
Advanced Trading Comparison
Do the Crypto 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 Crypto 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 stands out with its intuitive web platform, delivering an excellent user experience for short-term binary traders. A $50 minimum deposit makes it accessible for beginners, and account setup is straightforward. However, its market offerings and regulatory credentials lag behind competitors."
Pros
- The web platform excels in its simple design and ease of use, attracting novice traders interested in speculating on leading markets with minimal effort.
- 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.
- The variety of payment options surpasses most competitors, offering traders in numerous countries swift, secure, and convenient deposit processes.
Cons
- The MISA provides limited oversight and inadequate investor protection for retail traders.
- Pocket Option presents a streamlined version of MT4 and MT5, lacking the comprehensive charting tools that experienced traders seek.
- The 4-hour cap on binary contract durations limits long-term trading strategies. Options such as Videforex provide contracts with up to one-month terms, offering greater flexibility for traders.
Our Take On IQCent
"IQCent attracts traders seeking a simple binary options and CFD platform with minimal fees, multiple accounts, and copy trading. Begin in under a minute with a $250 deposit."
Pros
- CFD trading fees are competitive, with major forex pairs like EUR/USD incurring costs from just 0.7 pips.
- Enthusiastic traders may participate in competitions that offer cash prizes.
- The broker offers quick and dependable customer support around the clock, usually responding in under a minute during tests.
Cons
- IQCent imposes a £10 monthly inactivity fee if a trader does not execute at least one trade each month.
- Automated trading support is unavailable for algorithmic traders.
- The broker operates without oversight from a reputable regulator, which is typical for binary options companies.
Our Take On Capitalcore
"Capitalcore's main attractions are high leverage up to 1:2000 and no commission or swap fees. Nevertheless, weak regulation from the IFSA and a lack of educational resources leave it trailing behind top brokers."
Pros
- 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.
- Despite being relatively new to the binary options market, its clear and user-friendly service secured it the runner-up position in DayTrading.com's 2025 'Best Binary Broker' award.
Cons
- Platform support is restricted to proprietary software, lacking integration with popular platforms like MetaTrader or cTrader. These industry-leading solutions provide integrated economic news and facilitate automated trading.
- 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 is an excellent choice for traders looking for an intuitive binary options platform offering substantial returns and sign-up incentives."
Pros
- Various international payment options are accessible.
- Free practice account
- The intuitive platform works seamlessly with nearly all web browsers.
Cons
- Binary options are exclusively offered for both traditional currencies and cryptocurrencies.
- Clients must deposit over $50,000 to be eligible for the highest returns.
- CloseOption lacks regulation by a reputable financial authority.
Our Take On Videforex
"Videforex offers traders a straightforward, user-friendly platform to speculate on popular markets via binaries. The quick registration and web accessibility ensure an effortless start."
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.
- Traders can achieve up to 98% returns on over 100 assets through the broker's binary options, aligning with competitors such as IQCent.
- 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
- The lack of educational resources is a significant disadvantage for novice traders. In contrast, leading firms offer blogs, videos, and live trading sessions.
- Based on recent tests, the client terminal requires enhancements, as its widgets occasionally become slow and unresponsive, which could affect traders' experience.
- Videforex is not licensed by a reputable regulator, leaving traders with minimal or no protection, such as segregated client accounts.
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
- Micro account for beginners
- GC Invest platform for copy trading
- High leverage up to 1:500
Cons
- Elevated spreads on certain assets
- Minimal regulatory supervision.
- Basic education and market research
Our Take On Raceoption
"RaceOption attracts traders with its feature-packed binary options platform, offering frequent contests, account benefits, and copy trading. However, its unregulated nature presents minimal to no investor protections, according to our research."
Pros
- RaceOption simplifies account funding with no-fee, near-instant deposits through bank cards and cryptocurrencies. Withdrawals are processed within one hour, guaranteed.
- 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.
Cons
- RaceOption, lacking both a demo account and educational resources, is not ideal for novice traders.
- RaceOption operates as an unregulated broker, offering high-risk trading with no investor compensation or legal remedies if trading or withdrawal problems arise.
- 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.
Crypto Binary Options Explained
Crypto binary options are a type of binary option where the underlying asset traded upon is a cryptocurrency, such as Bitcoin.
Binary options are a form of fixed-odds financial betting subject to a ‘yes or no’ condition that leaves traders with only two possible outcomes. For example, will the price of Bitcoin reach £10,000 by the end of the trading day?
Cryptos are particularly popular among those investing with binary options because they can capitalise on the significant volatility of digital currencies.
How Trading Crypto Binary Options Works
The premise is simple – investors speculate on the future price of a cryptocurrency. Normally, traders bet on a crypto’s value either rising or falling beyond a set strike price by an agreed expiry time. If the prediction is fulfilled by expiry, they earn a profit, and if not, they lose their stake. It’s a simple win-or-lose scenario.
Successful crypto binary options must expire ‘in the money’, on the correct side of the strike price to earn traders a fixed payout, usually a percentage of the deposit, for example 75%. Unsuccessful crypto binary options expire ‘out of the money’, and cause traders to lose their initial stake.
Expiry times can range from 30 seconds up to a week or even months, and sometimes contracts can close before the expiration.
Example
Let’s say we bet £100 on a crypto coin’s price falling below its current market value of £20,000 in five minutes. The broker offers a 50% payout.
Potential outcomes:
- If we are correct, we receive £150 (£100 stake + £50 payout)
- If we are incorrect, we lose our initial stake (£100)
Contracts
Several types of binary options contracts exist which can alter trading parameters:
- Over/Under – The standard binary options contract, also known as High/Low or Up/Down. You bet on whether a crypto’s value will be higher or lower than the current market price at the expiry.
- Touch/No Touch – Traders bet upon a cryptocurrency’s potential to reach a pre-determined value, set either higher or lower than its current market price. The payout is received as soon as the ‘touch’ takes place.
- Boundary – A position is made on whether a crypto’s value will arrive inside or outside an agreed price range upon expiry. These contracts are also known as Range and In/Out options.
- Ladder – Standard binary options but with several strike prices staggered high and low in value. Depending on your bet’s direction, the further a crypto’s price moves, the more price levels you conquer and the higher the returns.
Cryptocurrencies Explained
Understanding cryptocurrencies and what influences their value is crucial if you are to be successful.
Cryptocurrencies are virtual tokens that can be used to facilitate payments. Cryptos are built on a network of computers, or nodes, where transactions are recorded and verified on a decentralised ledger, known as a blockchain. Importantly, this process bypasses central authorities, such as traditional banks and governments.
Yet unlike other financial products, the value of cryptocurrencies is solely derived from supply and demand. Many financial commentators, including Alex Herd – the Technology Editor for the Guardian, argue that as the crypto economy is entirely self-contained, it is doomed to repeat boom and bust cycles as “no productive economic activity is required to justify any value increase”.
Although cryptos can be mined or bought on an exchange, with a derivative product like binary options, they’re only used as an underlying asset to bet on. Hence, investors can capitalise on the daily price fluctuations that are sometimes between 10 – 50%, without actually taking ownership of tokens.
After the 2022 crash in the digital asset space, the value of the crypto market has slumped from £2.5 trillion to just over £800 billion. This dramatic decline highlights the dangers of investing in cryptos. As money-saving expert Martin Lewis commented: “you can make a fortune, but you may lose a fortune.”
Benefits of Trading Crypto Binary Options
- 24/7 Trading – The digital nature of cryptos means they are available on exchanges all week, plus at weekends.
- Simple Win or Lose – The basic win or lose outcome of binary options products makes them popular with beginners.
- Transparent Risks – Investors can only lose their initial stake which is made clear before buying a crypto binary option.
- Profit Potential – Although they bring significant risk, the high volatility and volume of digital currencies brings the potential for large returns. The best brokers also offer high payouts of 90%+.
- Pioneering Asset – Cryptos are no longer niche; more and more companies have started accepting crypto payments and its decentralised technology is changing the future of the web. Unsurprisingly, this means there is an abundance of online forums and platforms which offer market insights and crypto investing tips.
Drawbacks of Trading Crypto Binary Options
- Erratic Market – Even though traders don’t buy actual tokens due to the derivative nature of binary options, the market’s volatility and unpredictable boom and bust cycles puts any capital staked on crypto at risk.
- Capped Profits – The transparent loss structure associated with binary options is equally applied to gains. Brokers restrict profits to fixed payouts.
- Small Selection of Assets – While leading cryptos like Bitcoin (BTC) and Ethereum (ETH) are available on many binary options platforms, not all tokens, especially emerging coins, are available. New coins also tend to have smaller payouts.
- Scam Risk – Some investors have been duped out of their crypto holdings. Equally, several fraudulent binary options platforms exist online. See our list of the best crypto binary options brokers to avoid scams.
Getting Started
1. Choose a Broker
Before you can start trading cryptocurrency binary options, you need to open an account with a broker or exchange. Key considerations include:
- Available Coins – Not all crypto coins are available at every broker. Some binary options exchanges offer a wide range of coins, while others stick to big players like Bitcoin, Ethereum and Litecoin
- UK Clients Accepted – Due to the FCA’s ban on UK-based binary options brokers, traders will need to sign up with an offshore provider
- Interface & Apps – Check your broker’s platform has an easy to navigate interface that meets your needs. Mobile app offerings are also useful for on-the-go traders, so check if your broker offers an application compatible with iOS or Android devices
- Demo Account – The best brokers offer free demo accounts to practise virtual crypto binary options trading. These are useful for beginners and experienced traders wanting to refine a strategy or test a new brokerage
- Safety – Look for unfavourable online reviews to ensure you choose a legitimate and trustworthy platform
- Minimum Deposits & Fees – Check for a transparent fee schedule and avoid ongoing account maintenance charges and inactivity penalties. Also look at the minimum deposit requirement. The top brands accept traders with a £10 minimum payment
- Payment Methods – The top cryptocurrency binary options brokers support several payment methods, from bank transfers and crypto deposits to e-wallets and Apple Pay
- Withdrawal Limits – Some platforms have strict withdrawal limits or transfer fees which will eat into profits
2. Study the Market
Check online which coins are becoming popular and investigate the purpose behind each crypto’s creation to better understand its future ambitions and use cases. Looking to social media can also illuminate traders on potential trends as celebrity endorsements can trigger surges in prices.
The best crypto binary options brokers tend to offer trading opportunities on Bitcoin, Ethereum, Litecoin, Tether, Bitcoin Cash, Ethereum Classic, Iota and Ripple. Choose an asset that you are familiar with.
3. Decide How Much to Stake
The more you invest, the more you stand to earn. However, the larger the stake the greater the loss. With that in mind, only bet what you are willing to lose.
A helpful tip for beginners is to start small and gradually increase your position sizes. Some investors recommend only risking up to 1% of your investment pot in a single trade.
4. Set the Expiration
When you open a crypto binary options contract, you will need to choose an expiry time. Some bets will have a one-minute expiry while others could last weeks. Ultimately which one to go for will depend on how strong you think the trend is and how long you believe it will last.
5. Place Your Bet
Simple contracts will involve a call option, which succeeds when the value of the asset is above the strike price at maturity, and a put option, which succeeds if the price is below the strike price at expiry.
Make sure to use all the tools at your disposal. Trading charts and technical analysis can help optimise your crypto binary options trading success.
Bottom Line on Crypto Binary Options
For aspiring crypto investors, binary options could be a good place to start. They offer upfront risk and traders do not take ownership of the underlying token. They also offer straightforward access to an emerging market that promises significant price volatility.
Choose from our list of recommended brands to start trading today.
FAQ
What Are The Best Crypto Binary Options Brokers?
Some of the top crypto binary options brokers available to UK traders include Pocket Option and RaceOption. These brokers have excellent platforms and provide access to various digital assets.
Are Crypto Binary Options Suitable For Beginners?
The win or lose outcome of binary options is easy to understand and their capped risk means new traders can only lose their initial stake. This makes cryptocurrency binary options popular with aspiring investors.
How Can I Trade Crypto Binary Options If They’re Banned In The UK?
Although the FCA banned binary options trading in 2019, UK traders can still register with offshore brands. This means British traders must choose a crypto binary options broker where UK clients are accepted. See our list of supporting brokers and exchanges here.
Can I Profit From Crypto Binary Options Investing?
Some brokers offer over 90% returns on crypto binary options. This means a winning bet with a £100 stake could earn traders £190 (£100 stake + £90 profit). With that said, cryptocurrencies are notoriously volatile and many traders lose money.
What Are The Most Common Crypto Coins To Trade On Binary Options?
Some of the most commonly used coins to trade binary options include Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). Of course, there is an endless selection of crypto coins to choose from but availability varies between trading platforms.