Bitcoin and Binary Options Trading

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.