Bitcoin binary options broker

babibabu
babibabu Posts: 6 ✭
in Brokers
Hi,

Does anyone know a serious bitcoin (or crypto currency) binary options broker? I would like to bet against other users, not the broker. Automated trading must be allowed. Ideally, it should be possible to choose the expiration time freely and sell the options before expiration. Also, there should not be any limits.

Any suggestions?
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  • Okane
    Okane Posts: 1,282 admin
    babibabu said:

    Hi,

    Does anyone know a serious bitcoin (or crypto currency) binary options broker? I would like to bet against other users, not the broker. Automated trading must be allowed. Ideally, it should be possible to choose the expiration time freely and sell the options before expiration. Also, there should not be any limits.

    Any suggestions?

    You want to trade binary options, then you are trading against the broker.
    But, check https://www.binaryoptions.net/spectre not sure which cryptos they allow, read their review
    to see. They are the only BO broker I know where you are trading against other clients.
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  • babibabu
    babibabu Posts: 6 ✭
    Okane said:


    You want to trade binary options, then you are trading against the broker.
    But, check https://www.binaryoptions.net/spectre not sure which cryptos they allow, read their review
    to see. They are the only BO broker I know where you are trading against other clients.

    I see. In the end, I actually don't care as long as the broker does not try to cheat/block me if I am too successful.
    Do you know of other brokers which fulfill the mentioned requirements?
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  • adamson791
    adamson791 Posts: 1 ✭
    If there is a broker then logically your interest of making lots of money will go against their interest of making you lose lots of money. So like the previous poster suggested, you really should give Spectre.ai a try because they are brokerless and therefore they dont care how much money you make. In fact from what I understand, they actually WANT you to make tons of money because it means your more likely to continue using their platform.
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  • Okane
    Okane Posts: 1,282 admin
    babibabu said:

    Okane said:


    You want to trade binary options, then you are trading against the broker.
    But, check https://www.binaryoptions.net/spectre not sure which cryptos they allow, read their review
    to see. They are the only BO broker I know where you are trading against other clients.

    I see. In the end, I actually don't care as long as the broker does not try to cheat/block me if I am too successful.
    Do you know of other brokers which fulfill the mentioned requirements?
    Already gave you my opinion above. Did you check out the link?
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  • babibabu
    babibabu Posts: 6 ✭
    Yes, I did. The payout on spectre.ai is misrable though with 56-78% for bitcoin. If they are not the market makers, I do not understand why it isn't at least 95%.
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