Previously tradable in only a few select exchanges and online websites, bitcoin trading is becoming increasingly popular in the binary options world, and iOption has become one of the first binary options brokers to offer trading of this popular electronic currency.
Bitcoin trading is generally popular because of the extreme volatility associated with the currency, and it is precisely this volatility that makes it an excellent asset for short-term trading on a binary options platform, says one member of the iOption team. That being said, bitcoin trading is not suitable for everyone and should be approached with a clear head and a full understanding of the market, in order to minimize potential for loss. (Check out this article to see if trading bitcoins is right for you).
As a leading binary options broker, iOption is continually looking to increase its offerings and to make sure that traders with all interest and risk appetites will find something to trade on its platform. The company offers services in most countries (excluding Italy and the United States), and has potential returns up to 80%.