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Binary and trade the first option aimed at the crypto market

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Binary and trade the first option aimed at the crypto market

A binary option is a tool in finance where participant parties in the transaction are assigned either of two outcomes depending on the option expiring on the money. It is basically based on a yes or no situation. Cash-or-nothing and asset-or-nothing are the two major types of binary options. Suppose the option expires in the money; the former pay a certain fixed amount while the latter has to pay the underlying security worth. Binary options trading is often practiced on platforms regulated by the Securities and Exchange Commission. Nadex is an example of a regulated binary options exchange in the United States.

A binary option is the first option aimed at the cryptocurrency market mainly because of its benefits.

How binary option works?

An example of how binary option works outside the United States.

The instrument that is mostly used in the trade is a fixed-return or high-low option. The worth of these option indices, commodities, stocks, and foreign exchange can be accessed. The date and time of expiration of the contract and the strike price are also clearly stated. A trader has an obligation to make a call on the possible direction of the market and the price at the time of expiration. If the wage is correct, the trader gets a fixed return. Suppose the wage is incorrect the trader losses the original investment. A broker is the one who discloses the date of expiry, the pay-out, and the risk at the point when the trade is initiated.

Why Binary option in the crypto market?

Availability of contracts both during the day and at night; This obviously makes it easy to access the available contracts at any time of need by an aspiring participant.

Binary options trading can be of use to people of all levels of experience. This is a beneficial step, especially when taken by newcomers in the cryptocurrency market. This has been made even easier in the “binaryetrade.com.”

The open possibility of limiting losses or locking in profits; A participant, who in any case has foreseen a possibility of losing, is allowed to exit the contract early before it expires. He or she can place another order to close his or her position.

Trading Binary options contracts is a simple and easy process. For a long time, it has been a common option even for low-skilled traders. One can also see the contracts that are available to trade at any time. 

Traders are well informed in advance since the strike price, date, and expiration time are clearly stated.

If you want to trade just acess Binaryetrade.

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NFT Sniper Drop Releases New Service for Well-Informed NFT Investors

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NFT Sniper Drop Releases New Service for Well-Informed NFT Investors

NFT Sniper Drop, an advanced non-fungible token (NFT) platform, has released a new service, NFT Projects Overview. With it, NFT enthusiasts can find out about NFT drops sooner and understand if they fit their portfolios.

“NFTs are hot, and it is hard to find all the upcoming ones with dates and all that necessary info. NFT Sniper Drop aims to give these projects more exposure,” says one of the NFT Sniper Drop developers. 

He added, “We fix it with an NFT drops calendar, where you can directly add the drops you are interested in adding to your portfolio. Here, you will find some useful, basic info and main project links. To avoid being scammed, we have a review system that lets users give honest reviews.”

In September 2021, NFT Sniper Drop started operating. Its aim is to fill one of the most ardent needs of the NFT sector, quicker notifications about NFT drops. Since its launch, the platform announced more than 10 upcoming NFT drops on Twitter in less than a week.

Meanwhile, the project developers are working 24/7 to release their website. This way, the platform can provide followers with even more NFT information via different channels. The NFT Sniper Drop website should be up and running soon.

With an innovative feature of the NFT drop announcement, investors and traders can find out about new drops as soon as they become public. As a result, they would no longer have to scour the web for new non-fungible token projects.

Analysis Tools

NFT Sniper Drop also offers a comprehensive suite of Analysis Tools. With this feature, NFT investors can analyze previous NFT drops. This way, they can get a better understanding of how future NFT drops may take place.

With this release, NFT Sniper Drop is ready to set a foothold in the NFT market. By offering a complete and in-depth analysis of NFT drops, the platform should attract many who follow the NFT craze. The project plans to become the go-to place for finding out about NFT drops ASAP.

The NFT Sniper Drop team is looking to build on its current momentum and help its followers with quick and accurate news on NFT drops. At the time of this writing, their Twitter account showed more than 15.5k followers, and that number is rapidly growing.

You can learn more about NFT Sniper Drop on the project’s Twitter account for now. Also, you can find them on Discord. The website is still in the making, but the developers are close to launching it. Then, the platform should take off and enable NFT enthusiasts to shoot down NFT drops as soon as they come out.

NFT Sniper Drop on Twitter

Nftsniperdrop.com

NFT Sniper Drop on Discord

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Cryptocurrency Trading Techniques

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Trading Cryptocurrency is an investment opportunity for investment-oriented individuals and organizations to explore. However, making profitable crypto trading decisions depends on the platform you trade on.  

Best Cryptocurrency Brokers

Some Cryptocurrency exchanges have carved a niche for themselves as the best in the industry.

Here is a list of some of the top Crypto Exchanges:

  • eToro

eToro is a crypto trading platform specifically designed for institutional-grade investors and algorithmic traders.

Its users can look forward to tight-dealing deals while leveraging its AlgoX Application Programming Interface (API) to create automated trading tools customized for their specific needs.

  • Binance

Binance is one of the leading names in the Cryptocurrency exchange industry. As one of the pacesetters, it supports an impressive number of digital coins that its competitors can only dream of.

Binance is a great choice if you consider investing in a diverse portfolio of Bitcoin and other digital coins.

  • Gemini

Ease of use is Gemini’s selling point. The exchange has tons of easy-to-use crypto trading tools that allow users to execute their trading strategies and build their crypto portfolios effortlessly.

You can download the Gemini app and track your asset and real-time market prices. Being abreast of development in the crypto industry will have a huge impact on your trading and profit.

  • Coinbase

Like Binance, Coinbase has been around for ages. Operating in over 100 countries, the exchange services over 43 million uses. Thanks to its intuitive interface and extensive educational resources, its users never lack what they need to make profitable investment and trading decisions.

  • Crypto.com

Crypto.com is a money-saving option for Cryptocurrency traders, thanks to its cheap trading fees. Through its crypto debit cards, users can earn crypto on every purchase they make.

Aside from its no minimum balance requirement, Crypto.com allows users to top off their debit cards directly from their app  

Here are some of the top Forex brokers accepting BTC (Bitcoin):

Since Bitcoin was released as a payment alternative to fiat currencies, several Forex brokers have adopted it. Below are some Forex brokers that accept Bitcoin deposit:

  • MultiBank Group

With branches in Germany, Australia, Spain, Austria, British Virgin Island, and the UAE, MultiBank Group allows its users to trade any instrument of their choice from the supported options such as metals, stocks, currencies, energies, and crypto.

You can trade on the FIX API protocol, MetaTrader 4, Web, and MetaTrader 5 platforms.  

  • RoboForex

The Belize-based Forex broker supports indices, currencies, energies, metals, stocks, and crypto since it was established in 2009. Through its low spread, it offers leverage up to 1:2000.

If you meet the broker’s minimum of $10 deposit, you can trade any of the aforementioned instruments via cTrader, MetaTrader 4, Web, and MetaTrader 5.

  • FxOpen

With offices across European countries such as UK, Australia, Nevis, and Saint Kitts, FxOpen enables its users to trade a wide range of instruments including crypto, metals, currencies, and energies.

With a minimum deposit of $1, you can leverage up to 1:500 and take advantage of its low spread to boost your trading activities.

  • FreshForex

FreshForex is another Forex broker that accepts deposits in Bitcoin. From its Saint Vincent and the Grenadines location, its uses can trade on MetaTrader 4 and MetaTrader 5 platforms. Web users are not exempted too.

Users can deposit Bitcoin to trade crypto, stocks, currencies, metals, indices, and energies.

  • LiteForex

From $50, Cryptocurrency traders have access to several instruments and platforms. From metals to currencies, indices to stocks, and metals, you can choose your preferred instrument and trade it on MetaTrader 4, Web, FIX API, and MetaTrader 5.

LiteForex is a mid-spread broker with up to 1:500 leverage and operates from Marshal Islands and Cyprus.

As a crypto enthusiast, you can take advantage of these Forex brokers accepting BTC (Bitcoin) to invest and trade your favourite digital asset.

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Cryptocurrencies like BTCV are the fuel to the next gaming revolution

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Cryptocurrencies have become a global phenomenon in the past couple of years with a promise to overhaul numerous industries. One of those industries is online gaming where the adoption seems more immediate than in the others.

Just to give a context on how popular cryptos are with gamers, there’s a big crossover between the gaming audience and the cryptocurrency enthusiasts. An online study shows that 55% of millennial gamers own cryptocurrencies in some form when compared to just 5% of all millennials. This swollen-center Venn diagram has likely helped fuel the push for new ways of incorporating cryptocurrencies into video games. This keeps up with the course of the gaming industry being the first to adopt numerous technology trends, including crypto mining. 

Cryptocurrencies could potentially solve a number of problems related to in-game transactions like eliminating fraudulent items, creating scarcity, and incentivizing more purchase by making items transferable across multiple games.

The role cryptocurrencies can play in online gaming

In online gaming, monetization strategies adopted are in the form of in-app purchases, in-app advertising, and affiliate or referral marketing. In-app purchases allow players to buy something directly in the game, such as coins, extra lives, and custom characters. These purchases can be done in cryptocurrencies. Many online games offer in-app advertising and reward their users for completing specific tasks like watching video ads and filling surveys to earn cryptocurrencies. Recently, Affiliate marketing has taken the gaming world by a storm where players have to click affiliate links and banners to refer a friend, earn rewards, and sign up for a free offer. The affiliate marketing incentivizing infrastructure can be powered by cryptocurrencies. 

In the context of gaming, cryptocurrencies offer its users cross-border transactional abilities, instant transactions, possibilities of anonymity, and security. Additionally, rewards are often a pivotal tool to maximize user engagement. Gamers often have access to an archive of modifications, including outfits, weaponry, maps, and assistance. Users complete in-game tasks and receive fictional coins, which can be used to shop in the archive. Now, cryptocurrencies provide an avenue to substitute a game’s fictional coin with cryptos that hold monetary value. 

Bitcoin Vault’s Reversible Transaction feature to help gaming transactions 

Bitcoin Vault (BTCV) was launched in 2019 as an alpha chain. It is a cryptocurrency based on the SHA-256 algorithm and built with user security as a priority. Within a year of its release saw them releasing innovative features like enabling reversible transactions on their blockchain. In fact they were the first cryptocurrency to allow users to cancel transactions, owing to their proprietary feature that confirms payments within 144 blocks, allowing users a time of about 24 hours. 

The reversible transaction feature of Bitcoin Vault (BTCV) could especially prove useful in implementing in-game assets. This feature protects the gaming community from losing their funds in common key thefts, user mistakes or errors, and bugs. 

BTCV leading the charge to crypto adoption in gaming 

To propel the convergence of the crypto and gaming industry BTCV has partnered with ESE Entertainment for the production of a series called Skillz Vault, which is based on a similar format to that of X-factor. The focus will be amateur gamers hailing from nationalities such as Chinese, Japanese, South Korean, Vietnamese, and Brazilian. 

Bitcoin Vault is going to use this opportunity to demonstrate its technical capabilities to the gaming world and drive even more gamers towards cryptocurrencies. To support the gaming community, Bitcoin Vault in association with Skull Vault are raising a prize pool as a community driven effort. Supporters of the fans of gamers and the gaming community in general can donate to the pool to help increase the prize fund for the event. Additionally, BTCV is already providing services in which it’s users can send Gift Cards using Freewallet. Also, goods can be purchased through their integration of Exeno Store.   

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