Cryptocurrencies have lately been on fire. Bitcoin is up a staggering 617%
this year alone. Other sector leaders like Ethereum and Ripple have put on
strong performances too, up more than 2,900% and 1,000% respectively in
2017.
The market capitalization of all cryptocurrencies has just recently topped the
$200 billion mark. Unsurprisingly, traders are making money from the strong
volatility and powerful trends of cryptocurrencies. CFDs allow to leverage
profits on the large movements of cryptocurrencies, both on the long and short
side, in full flexibility.
Wide choice of cryptocurrencies on IQ Option trading platform
IQ Option stands as a global leader in cryptocurrency trading. The
award-winning IQ Option interface has been repeatedly recognised as a
user-friendly, intuitive and sophisticated platform for beginner and advanced
traders alike. Moreover, IQ Option offers the widest range of trading
indicators and instruments to help you trade, analyse and manage your
cryptocurrency investments to get the best results.
How to Buy & Sell cryptocurrencies
You can trade on crypto CFDs to buy or sell crypto currencies through IQ
Option platform. When you do this you simply aim to profit from the upwards or
downwards movement of the instrument, usually with a long-term point of view.
The advantages of this choice is that there is no leverage, so the profits on
your account will correspond exactly to the changes in value of the crypto
currency or cryptocurrencies you have invested in. Also, you will be able to
manage your risks better without the use of leverage.
How to trade Bitcoin and Other Cryptocurrencies
Choose what cryptocurrency you want to buy/sell by clicking the “Open new
asset” button (the “+” at the top of the screen) in your trade room.
Choose the the dollar value of cryptocurrency you want to buy/sell from the
“Amount” window on the right of the screen.
Click the Buy (green button) or Sell (red button) on the right of the screen to enter your position:
You can then monitor it in real-time, entering take profit/stop loss orders
depending on your trading strategy and preferences. IQ Option currently offers
a very wide range of crypto currencies you can buy, including Bitcoin,
Bitcoin Cash, Ethereum, Dash, Ripple and 8 others. We plan to add many more in
the near future to diversify your portfolio and offer more opportunities
in this sector.
Deposit money to your IQ Option account:
Click the “Deposit” button at the top-right corner of the screen;
Choose the desired payment method:
Note that you can replenish your account using not only fiat currencies but
also Bitcoins.
Do not forget to check the 3D-Secure box in case you want to withdraw
cryptocurrencies later on.
In order to withdraw money from your IQ Option account simply do the
following:
Click on the top right dropdown menu and choose “Withdraw Funds”:
Withdraw funds from IQ Option
You will then reach a page where you can select how to withdraw your funds,
including credit card, debit card and wire transfer to your account.
Withdrawal
Conclusion
For any questions on trading Bitcoin, cryptocurrencies, withdrawals please
contact the IQ Option team at support@iqoption.com. You can also reach us by
phone 24/7. We look forward to helping you get the most out of IQ Option!
Trade here
NOTE: This article is not an investment advice. Any references to historical
price movements or levels is informational and based on external analysis and
we do not warranty that any such movements or levels are likely to reoccur in
the future.
In accordance with European Securities and Markets Authority’s (ESMA)
requirements, binary and digital options trading is only available to clients
categorized as professional clients.
GENERAL RISK WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly
due to leverage.
87% of retail investor accounts lose money when trading CFDs with this
provider.
You should consider whether you understand how CFDs work and whether you can
afford to take the high risk of losing your money.
No comments:
Post a Comment