On Thursday, Bitcoin price broke below $6,700 and hit the weekly low to $6,480. Then, it rebounded back above $7,000 again with an increasing rate of 5%. At press time, based on the incomplete statistics, more than $720 million worth cryptocurrency futures contracts have been liquidated in this week. During the strong market fluctuation, investors are learning a hard lesson about the downside of cryptocurrency futures trading with leverage.
Since we know that we cannot make money by investing in BTC spot trade during the bear market, and we notice the high risks of liquidation by trading leveraged bitcoin futures contracts, how can we hedge the loss in spot trade and profit from the BTC market volatility?
BTC Option is a profitable trading product that you can turn to!
What is Option?
Option is a type of crypto derivative contract which enables investors to make speculative bet on price rising and falling. Call option means that trader long BTC at a given strike price, while Put option allows trader to short BTC at a given strike price.
For example, if you predict that BTC price may surge, you can buy a call option. Suppose that you buy a call option at $7,000. As long as price exceeds $7,000, you can make profit.
IE Option – Get 91% Profit in Every 60s
IE Option, headquartered in United Kingdom, is a bitcoin-based exchange that provides options trading of BTC, ETH, LTC and EOS. Established in early 2019 and developed by the professional team including blockchain architects and financial experts who worked in City of London, IE Option has gain popularity of more than $20 million traders all around the world.
Here are the reasons why traders choose it.
- Fast Trade, Great Profit
IE Option allows traders to quickly get in and out of trades. If you predict BTC is about to perform an upward movement, select the volume and click the green button “up”. For instance, you use 0.1 BTC to buy/up when BTC prices at $7,000. If BTC rises to $7,000.1, you can earn 0.1 BTC. Making accurate market prediction, you can earn up to 1 BTC within 60 seconds.
- Demo Trading with No Risk
For beginner, IE Option provides demo trading with 10 free BTC. In demo trading, you can practice trend analysis and learn how to trade options without losing a penny.
- Trade on the Go
IE Option’s Android and iOS apps are available in Google Play and App Store separately. With the app, you can take good advantage of every BTC fluctuations and make profits anytime anywhere.
- Up to 10 BTC Giveaway for First Deposit
Each trader can enjoy up to 100% deposit bonus once. For example, if you deposit 2 BTC at a time, there will be 4 BTC credited in your account which increases your chance to earn BTC.
Still losing money in spot trade and futures contracts? Options trading is the easiest and fastest trading instrument that can help you hedge the loss and double the profits!
Cryptocurrency Fraud is Evolving; Bitcoin ATMs Mitigate Risk
In one of the more overlooked aspects of the crypto ecosystem, it appears that the bulk of illicit activities are shifting from hacks and thefts to cryptocurrency fraud and scams.
CipherTrace, the crypto-surveillance, and analysis firm released a report at the end of Q4 2019 that revealed hacks and thefts had decreased by 66 percent in 2019 while fraud and misappropriation of funds surged by 533 percent. And beneath the COVID-19 hysteria of 2020, hacks in the crypto sector have been eerily isolated.
Outside of a few exploited flaws in P2P exchanges and DeFi flash loan vulnerabilities, the headline-grabbing hacks of exchanges for hundreds of millions of dollars have been absent so far this year. Is the industry due for another massive hack, or are stringent KYC/AML processes, regulatory crackdowns, better security practices, and blockchain surveillance working?
KYC/AML Improvements Are Reducing the Appeal of Crypto Exchange Laundering
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4 things you should know about bitcoin casinos
Bitcoin Casinos are the ideas of innovation, firmly moving towards the goal of disrupting the whole Gambling Industry. Best Bitcoin Casinos are the true trailblazers of the new era of gambling. Their creators quickly recognized all the immense potential that blockchain and cryptocurrencies contained within themselves. Most of the top Crypto Casinos started operating in the first half of the past decade and are quickly moving towards being the dominant force, when it comes to online gambling. There are a couple of key characteristics and advantages that elevate BTC Casinos above the rest of the competition on the market.
Trusted casinos have fast withdrawals
Only the Best Bitcoin Casinos offer players the benefits that come with using cryptocurrencies as the main source of finance. One of the biggest advantages that BTC Casinos have over the rest of the competition is speed. When using cryptocurrencies, players can deposit and most importantly withdraw their money with blistering speeds. Thanks to blockchain technology, all the financial transactions are completed within the minutes of request. Alternatively, standard online casinos operating under the guidance of classical banking intuitions, need several days to complete the same procedures.
In BTC Casinos anonymity matters
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How Casinos Are Embracing Cryptocurrency
Digital currencies and blockchain technology have had an immense impact on kasinot across the globe. One of the areas where this impact has been very profound is in the gambling sector – which has also been known for embracing the latest technologies. Gaming operators have always been at the frontlines when it comes to trying out new and innovative technologies all in a bid to keep their customers happy and interested.
That said, it was only a matter of time before cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Ripple, and Litecoin among many others made their mark in the gambling industry. All of the features that these digital currencies promise are, without a doubt, very desirable features for gamblers across the world.
The result is a mutually beneficial arrangement where digital currencies get the necessary boost to go mainstream while the gaming operators get a front-row seat as the world ushers in the new age of next-generation digital payments. Naturally, there has to be a framework for this and thankfully its already being implemented in both land-based casinos and in online gambling platforms.
Crypto in Land-Based Casinos
Cryptocurrencies, since their conception, have always been digitized forms of payment. However, nearly everything is digitized nowadays. Still, brick-and-mortar casinos rely greatly on existing systems all of…