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Stock & Crypto Trading

Cryptocurrency market has become very Stock & Crypto Trading popular and every trader is looking to make it big with bitcoin trading. It is however a very volatile market that can be hard to keep up with, especially considering that this is a market that never sleeps unlike the stock market. To make things easier for traders, trading bots have been developed. A trading bot can be defined as software program which is designed to interact with financial exchanges directly so relevant information is obtained and interpreted so orders can be bought and sold on the traders’ behalf. In essence, the bots make decision through market price movement monitoring and use of pre-programed rules so that losses can be stopped. The bot analyzes market actions like price, volume and orders according to your preferences and tastes as a trader and makes the decision. If you are into bitcoin trading, then you may want to choose the best bitcoin trading bot to ease out the process for you. But with so many bots now available, how do you know which one is best? Customization and ease of use The interface of a good trading bot should be easy to use by any kind of trader including those who know nothing about coding. All information necessary should be easy to find and the gains clearly shown together with all aspects of the trading that matter including buy orders and current sell. All you should be required to do is enter your pairs and numbers and then start your trading with a click of a button. Apart from being straightforward even for first time users, a customizable trading bot is even better. With this function, you will be in a position to change how the skin looks so you can have a program that you are happy to use every time. Operating system compatibility Not all bots are designed the same and not all traders will use the same operating systems. For this reason, you want to get a platform that functions on all the operating systems. With this kind of bot on your side, you can access your trades from Linux, Mac or Windows depending on the device you are using. With your orders and settings on a USB, you will only need to plug into any computer to continue trading with the operating system notwithstanding. A standalone bot that requires no installation and is compatible with all systems will prove very convenient in the end. Support for pairs, coins and exchange Apart from bitcoin, you could be a trader interested in other pairs, exchanges and coins. It can therefore be more helpful to find a trader bot that can accommodate different coins offered by major exchanges. A full stacked crypto bot will work great for a spontaneous kind of trader. Other bot features that could prove to be helpful are notifications and reporting, real time and historical back testing among others. Find out what the trader bot can do and select accordingly. A bitcoin trading bot can take the guesswork out of the trading. There are so many bots readily available and your work should be to choose the best bitcoin trading bot to enjoy a pleasant trading experience. Bitcoins are the newest form of digital currency being used by many traders and investors. Any exchange market can trade bitcoins but it’s a risky shot, as you can lose your hard earned money. One should be quite cautious before proceeding. About Bitcoin: A bitcoin is the same as currency, though it is digital in form. You can save it, invest it and spend it. Crypto-currency once circulated the market and gave rise to the Bitcoin. This started in 2009 by an anonymous person with a nickname of Satoshi Nakamoto. The bitcoin has gained popularity during this year as its rate jumped from $2 to $266. This happened during the months of February and April. A process known as mining is said to generate a Bitcoin using powerful computer algorithms called blocks. Once a block has been decrypted, you earn about 50 Bitcoins. Usually, solving a single problem takes a lot of time, maybe a year or so. If you cannot do so, then there is another medium to get these Bitcoins; that is you simply buy them. Working of a Bitcoin: When you buy a Bitcoin you exchange your physical money and get the digital currency in form of a Bitcoin. It is very simple, if you want to exchange currency you have to pay for it in order to get that currency. Same is the case with the Bitcoins. You pay the current rate of Bitcoin. Let’s suppose it is $200 so you pay $200 and get one Bitcoin. Basically it’s a type of commodity. Most of the exchanges operating in the market make a lot of money by moving the currency in the market. They get US dollars by giving these Bitcoins and get rich instantly. But the thing is that as it seems easy to make money by converting the Bitcoins into Dollars, these exchanges lose their money quite easily too. Become a player In the Market: There are several ways of becoming players in the Bitcoin market. The simplest way is to buy a dedicated computer and install some Bitcoins mining software and start decrypting the blocks. This process is said to be the easiest possible way but it’s slow. If you want to make money faster, then you have to form a team. You should organize a Bitcoin pool comprising of four to five members. Then you can form a mining pool and can decrypt the blocks faster than an individual can do.You would end up decrypting several blocks simultaneously. The quickest way to make money through Bitcoins is that you should go straight to the markets. Go for the reputable and reliable Bitcoins exchanges operating in the market. You first of all have to register yourself. Sign up and make an account and then you must respond to the confirmations accordingly. This will keep you up to date about all the working stocks of the Bitcoins. You can trade bitcoins at any online trading platform. Some companies have even started accepting payments in bitcoins. Binary options have been becoming more and more popular in the last 2 years. This type of trading has been desired among new traders as they don’t need to actually buy anything, just predict whether the asset will move up or down in specified time frame. Those trades are happening in short time frames (30 sec, 1 min, 5 min) but might be months too. If the trader predicted wrongly, they will obviously lose their money. If the trader was right in his/her prediction, they will receive 80-85% payout, depending on the broker. Binary options are sometimes referred to as ‘all-or-nothing options’, ‘digital options’, or ‘fixed return options’ (FROs), which are traded on the American Stock Exchange. Bitcoin (BTC) is a digital currency which is created and held electronically and no one controls it. “Bitcoin is an online payment system invented by Satoshi Nakamoto, who published his invention in 2008, and released it as open-source software in 2009. The system is peer-to-peer; users can transact directly without needing an intermediary.Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses its own unit of account, also called bitcoin. The system works without a central repository or single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency… ” Bitcoin as a currency in binary options trading Bitcoin is now widely used currency and many trading platforms accept it as a method of payment for their clients’ trading deposits. There are many benefits using Bitcoin as a currency. The first benefit is “the fact that the cost of transaction is the lowest among all forms of online payment. This is the very reason why Bitcoin was created in the first place, to lower the cost of online transaction. Since there is no central authority managing Bitcoin, no service fee is paid when receiving or transmitting payment.” Another reason for traders to use Bitcoin as a currency is that Bitcoin itself is tradeable and they can earn extra Bitcoins that way. “By having all the trading transactions denoted in Bitcoin, a trader is able to shield himself from the fluctuation of this crypto currency while at the same time earn more of it through profits earned in trading.” Bitcoin as a commodity in binary options trading With a recent popularity of Bitcoin and its acceptance as a currency, many binary options platforms started using Bitcoin as one of the currencies to trade. so as an asset. Stockbrokers are seeing the value in trading BTC against flat currencies, mainly versus American Dollar. Today there are 2 main types of Bitcoin binary options platforms:
  • First-generation brokers – binary options platforms that allow trading on Bitcoin
  • Second-generation brokers – platforms that offer both Bitcoin funding and Bitcoin trading
First generation brokers – brokers who offer Bitcoin trading:
  • Coinut – only Bitcoin options exchange platform; programmed as a robust and distributed on Linux operating system coinut.com
  • BTClevels – Bitcoin binary options trading platform; with or without registration, hassle free btclevels.com
  • 24 Options – one of the first brokers who started offering BTC as an asset 24option.com
Second-generation brokers – brokers who offer Bitcoin funding and trading:
  • Traderush binary platform – accepts BTC deposits traderush.com
  • Nadex trading platform -accepts BTC funding and allows BTC trading; offers limited risk, short-term trading, transparency and full regulated market nadex.com
  • Satoshi Option trading platform – accepts BTC funding and allows BTC trading; doesn’t require account registration neither personal details. Payouts are near instantaneous and the service is accessible from anywhere in the world satoshioption.com
  • BTCOracle platform – Bitcoin only platform – allows BTC funding and trading offering few wallet options and full transparency btcoracle.com
  • Bitstamp platform – As above, BTC only platform – allows BTC trading and funding but requires login bitstamp.net
  • Bitcoin Wisdom – allows trading 3 digital currencies, Bitcoins, Litecoins, Altcoins versus other flat currencies and requires login bitcoinwisdom.com
  • Beast Option – allows BTC funding and trading of Bitcoins and Litecoins; guarantees fairness in pricing regardless of market fluctuations beastoptions.com
When choosing a Bitcoin broker it is important to check their terms and conditions, paying a particular attention to the information whether their Bitcoin Assets are stored in “Deep Cold Storage”. It means that Bitcoins are insured and stored offline, where they are not susceptible to hackers.