How to Trade Binary Options

How to Trade Binary Options

General Risk Warning:

The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
  1. Binary options – the world’s financial instrument. They allow traders to  from price movements across all the world’s markets.
  2. There are only 2 types of transactions you can make with binary options: CALL and PUT.

The IQ Option platform allows our traders to make investments starting from just $1.

 

1

  1. Call – Option for rising prices. If you believe the price is about to go up, choose this option.

PUT – Option for falling prices. Buy this option when you expect the price to decrease.

If you see on the chart that the price isn’t rising or falling, that means that right now there’s a “neutral trend.” In this case, it’s best to hold off on buying this option. Consider choosing a different asset to invest in.

Trend examples:

2 3

 

  1. Never invest more than 2% of your capital in a single option. This is the golden rule for any investor. This way you can manage your investing without losing your head…or your money
  2. In order to improve the quality of your results, use technical & fundamental market analysis.
  3. Try different asset classes. If you’re not getting results with currency pairs, try stock indices. On IQ Option you can  find over 500 types of assets, including Amazon, Facebook, and Google.
  4. Sign up for IQ Option’s, where you’ll find out how to analyze trends, choose a trading pattern, and personally answer any questions you may have.

How to register & trade on IQ Option

General Risk Warning:

The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.





General Risk Warning:

The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Altcoin Verge Loses $1.7 Million In Second Hacking Incidence

Verge (XVG), a privacy-focused cryptocurrency has suffered yet another hacking incidence and a total of 35 million XVG lost. The company made news when pornhub.com started accepting it as a method of payment. Before that, the company’s protocol had been hacked in which millions of dollars were lost.

In the first hacking incidence, which happened in April, the attackers made 250,000 XVG. As a reaction to the news, the coin lost 25% of its value. The April attack was resolved when Verge developers accidentally initiated a hard fork. The company’s Twitter account was also hacked in March and the hackers started issuing tweets about a fraudulent offer of Verge coins in exchange for coins.

How the Hack Worked

The company accepts blocks with up to 2 hours timestamp away from the latest block time. The attacker was using a fake timestamp to submit the blocks which are older by one hour. The mining adjustment algorithm only accounts for recent blocks. This made difficulty fall to very low levels and slide by 99.99%. The attackers managed to mines coins that could be mined in weeks in just two hours.

The most worrying part is that the hackers managed to take over the whole network and were able to produce blocks using only one of the blocks. This mining approach is the one used to mine in Litecoin (LTC). The method is very common that an ASIC has been in existence for some time.

Although other users of the Verge network were mining using consumer electronics, the network could only take a few ASIC on the whole hashing power of the network.

The XVG difficulty has since been recovered but it is very low as compared to a month ago. Despite the attack, no transactions have been rolled back. The aim of the attack was the mining bounty valued at $1.7 million in the market.

After the attack, the market has gone down to 13.97% in the last 24 hours. The coin is currently trading at $0.0451 and has a market cap of over $677 million.

The post Altcoin Verge Loses $1.7 Million In Second Hacking Incidence appeared first on Coin Stocks | Cryptocurrency Investments & News. The Future of Money.™.

The post Altcoin Verge Loses $1.7 Million In Second Hacking Incidence appeared first on bitcoinmining.shop.

Steps to Take Prior to Upcoming EOS and TRX Token Swaps

Interesting times are ahead for specific altcoin holders. Anyone who has invested in either Tron or EOS will need to prepare a course of action. Both currencies are in the process of launching their main net, and tokens need to be swapped. It seems Binance will be the go-to exchange to perform these swaps, although other platforms may do so as well.

The TRX and EOS Token Swap Process

For anyone looking to take part in these swaps, a few important steps must be completed. First of all, users who store funds in MyEtherWallet will need to transfer it to any of the supporting exchanges. This will also require people to set up an account for such platforms to enable trading.  Dedicated instructions on how to do exactly that can be found here.

EOS holders will have to go through similar steps to make this happen. Once the users’ account is funded, they wait for the token swap to take place and convert their EOS or TRX balance accordingly. It is possible there may be some deposit delays as a lot of transactions will hit both networks in the coming days.

For Binance, this will be a trialing time as well. With so many transactions to come in over the coming days, the company will have to pay close attention to all deposits coming in. However, there is a particular aspect users will need to take into account if they have EOS in their portfolio. It is very likely users not registering their EOS address will lose access to funds.

The EOS Caveat to Keep Tabs on

According to Exodus Movement, users will need to register an EOS wallet address as soon as possible. This is part of the project’s main launch on June 1st. The need to register is fairly simple to explain. Current tokens are based on Ethereum’s ERC20 format. However, EOS will use its own blockchain soon and no longer need Ethereum for its token transfers.

This is also where the token swap comes into the picture. During this process, ERC20 tokens will be taken out of circulation. Instead, they will be introduced to EOS-native tokens in the process. However, that conversion will only occur if users hold their ERC20 tokens in a registered Ethereum address.  Registering the address through Exodus will take care of everything automatically.

Right now, it is unclear how other service providers will handle this process. It is possible exchange users will need to take some extra steps, depending on which platform they use. All tokens remaining in an unregistered address by the time of the main net launch will be deemed useless immediately. As such, users need to do some research as to how they should process to avoid that situation from affecting them.

 

Image from Shutterstock

The post Steps to Take Prior to Upcoming EOS and TRX Token Swaps appeared first on NewsBTC.

The post Steps to Take Prior to Upcoming EOS and TRX Token Swaps appeared first on bitcoinmining.shop.

GBP/USD retreats from tops, back around 1.3400

Cable wanes the spike to the 1.3420/25 band. The pair keeps the positive note on USD-weakness. UK’s Retail Sales surprised to the upside in April. After advancing to the 1.3420/25 band earlier in the day, GBP/USD has now come under some selling pressure and retreated to the 1.3400 neighbourhood, still posting moderate gains for the […]

The post GBP/USD retreats from tops, back around 1.3400 appeared first on Forex Crunch.

Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street

Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street

In today’s edition of Bitcoin in Brief we feature stories that show how fast and nimble banks that support cryptocurrency-based businesses are benefiting at the expense of the larger players that have yet to enter the market, how more financial institutions want to join and how crypto ventures are making it easier for them.

Also Read: Indian Government Considering 18% Retroactive Tax on Crypto Trading, Mining

Small Banks Love Bitcoin

With major US banks too afraid to serve all American bitcoin users and businesses, smaller banks are picking up the slack and making a fortune doing so. New York-based Metropolitan Bank for example was able to build up deposits from crypto business without building costly new branches, and more than triple yearly fee income in 2017, largely from crypto transactions.

And San Diego-based Silvergate Bank nearly doubled its assets to $1.9 billion in 2017, mainly because of 250 cryptocurrency-related businesses the privately-held company now serves. Silvergate Chief Executive Alan Lane told to the Wall Street Journal that “At what point as a banker do you pull your head out of the sand? Every banker should be learning about the technology.”

Deutsche Börse “Deep at Work” With Bitcoin

Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall StreetDeutsche Börse AG, which operates the Frankfurt Stock Exchange, is actively examining its options for launching cryptocurrency derivatives. This was revealed in London on Wednesday by Jeffrey Tessler, CEO of the post-trade services provider owned by Deutsche Börse Clearstream and member of the group’s executive board, responsible for Clients, Products & Core Markets, at an event organized by the Association for Financial Markets in Europe.

“Before we move forward with anything like Bitcoin we want to make sure we understand the underlying transaction which isn’t the easiest thing to do,” explained Tessler. “We are deep at work with it,” however, “not at the same stage” [as the CME]. “We want to understand the volatility and make sure clients are in line and make sure regulators are in line.”

Huobi Pro Launches Crypto Market Index

Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall StreetHuobi Pro has announced on Wednesday the launch of a new benchmark called the Huobi Main Force Index. The company explains that it will select 10 top traded digital assets with high market capitalization and strong liquidity that reflect the market performance of Huobi Pro, in terms of USDT. The assets will be divided into four categories: Coins, Platforms, Applications and Physical Assets tokens, depending on the transaction volume value of the previous quarter. Huobi further states that the main force index will be published by Bloomberg and other communication organizations later on, and users may view the index by logging in on their devices.

“The goal here is to provide a complete and organized tool which will help enhance the overall knowledge of the blockchain industry. We are committed to bringing more insights and data so key stakeholders can make the most knowledgeable decisions when it comes to their investments,” said Leon Li, founder and CEO of Huobi Group.

US Megabanks Less Safe Than Crypto?

Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall StreetAmericans now have a new reason to consider moving their money away from big banks to cryptocurrencies – the expected decision by banking regulators to water down the Volcker Rule, which restricts the ability of banks to engage in proprietary trading with depositor funds. This according to the latest analysis by Weiss Cryptocurrency Ratings. They explain that due to the rule changes, banks will now be able to gamble more freely in a scheme that gives them the quick profits but gives depositors the ultimate risks. In contrast, holders of cryptocurrencies are not exposed to those kinds of risks as they can control their money directly with no custody by third parties and no need to trust a central authority.

“With this rule change, the authorities will make it easier for megabanks to take big risks with other people’s money. But they are making the change precisely when global debt levels imply record risks,” the authors argue. “In the future, cryptocurrencies will do such a fundamentally better job as a safe depository of funds it’s difficult to envision a world in which this technology does not become a game-changer for money and banking.”

What do you think about today’s news updates? Share your thoughts in the comments section below. 


Images courtesy of Shutterstock.


Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-time price statistics.

The post Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street appeared first on Bitcoin News.

The post Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street appeared first on bitcoinmining.shop.

EUR/USD surrenders a major part of early recovery gains, back near 1.1700 mark

   •  Investors looked past today’s in-line EZ economic data.    •  A modest USD rebound prompts some fresh selling.    •  Cautious ECB minutes fail to provide any boost.  The EUR/USD eroded a major part of its early strong recovery gains and has now retreated back closer to the 1.1700 handle. The pair initially […]

The post EUR/USD surrenders a major part of early recovery gains, back near 1.1700 mark appeared first on Forex Crunch.

ECB minutes: Economic outlook is more uncertain, caution needed

Here are some of the key highlights from the latest ECB Monetary Policy Meeting Accounts (minutes) released this Thursday.     •  Confident that inflation would rise towards target in medium-term.    •  A view was expressed that ECB was close to a sustained adjustment of inflation, but most disagreed with that view.    •  Risks […]

The post ECB minutes: Economic outlook is more uncertain, caution needed appeared first on Forex Crunch.

Turkey: Where do we go from here? – Nordea Markets

Morten Lund, Analyst at Nordea Markets, suggests that yesterday’s emergency rate hike was clearly a step in the right direction in terms of restoring the central bank’s credibility, but believes that market participants once again will try to test the central bank to see whether they should still fear an erosion of the bank’s independence. Key Quotes […]

The post Turkey: Where do we go from here? – Nordea Markets appeared first on Forex Crunch.

NZD/USD likely to consolidate in the 0.6875- 0.7000 area – Westpac

According to Imre Speizer, Research Analyst at Westpac, further consolidation in the 0.6875- 0.7000 area for NZD/USD pair is expected during the week ahead, which mostly reflects a stretched USD rally, as the USD likely to be the dominant driver of the pair during the weeks ahead. Key Quotes “Futures speculator positioning was extremely long […]

The post NZD/USD likely to consolidate in the 0.6875- 0.7000 area – Westpac appeared first on Forex Crunch.

EUR/GBP drops to session lows, back below mid-0.8700s

   •  Upbeat UK retail sales data lifts GBP and prompts some fresh selling.    •  Easing bearish pressure around EUR might help limit further downside. The EUR/GBP cross extended its retracement slide from an intraday high level of 0.8778 and has now dropped back closer to previous session’s swing lows.  The cross met with […]

The post EUR/GBP drops to session lows, back below mid-0.8700s appeared first on Forex Crunch.