Best Binary Options Broker 2020!
Free Trading Education!
Free Demo Account!
Perfect for Beginners!
2 place in the ranking!
Cryptocurrency options. What is it? Will they be so popular?
Throughout the entire history of mankind’s existence, not one of its fields of activity has developed at such a rapid pace as it did in the 20th and 21st centuries. The development of science, agriculture, engineering, computer technology, etc., led to a chain reaction that affected almost all areas of our business. People began to live better, more comfortable, they had more free time for raising children, recreation, education, as well as for additional ways to earn income. But even these positive changes did not suit many representatives of developed countries, and experienced economists began to argue that such a trend would inevitably lead to a global economic crisis.
And, no matter how today they treat K. Marx, he predicted all this in the 19th century, arguing that the cyclical nature of the development of the capitalist economy is an objective process that cannot be avoided (remember all the crises that have occurred over the past 30 years). 40 years). But that’s not the main purpose of this article. Even if you have never studied economics professionally, you could not help noticing that lately more and more often they are mentioned in the media, the Internet, discussions of experienced professors and doctors of economic sciences, thoughts of approximately the following:
● The global financial market is expecting very big changes in the near future.
● It is not excluded that soon fiat money, which is usual for us, will completely disappear, and several cryptocurrencies will replace them.
● World currencies today do not represent any real value, etc.
To cover all financial issues in a small overview, focusing on the reader who does not know all the nuances of the Forex market, the mechanism for shaping the exchange rate in the short and long term, and what binary options are, is quite difficult. Therefore, to uncover the main topic of the article, we “divide it” into several important component moments.
Binary options and cryptocurrencies are promising methods for making profit
To begin with, let’s look at what binary options are, without the use of complex economic terminology. The question we are interested in is inextricably linked with three categories: trading tools, time, and a specific event that should occur with these objects over a given period. The trader chooses a financial asset (in our case, a cryptocurrency, for example, the PTS), the price of the option and the period during which it will be valid. So the deal is done. If after the expiration of the option the trader has correctly determined the increase / decrease in value, he gets a fixed percentage of profit, otherwise he loses the agreed amount.
Another way to generate income using binary options is called “news trading”. For example, forecasts of GDP growth in any country automatically increase the value of its national currency. But only experienced traders, who know well when to stop and sell the purchased currency, can make money on it. After all, today it is growing, and tomorrow, the government, in order to protect domestic producers, “includes” the levers of regulating its currency.
Despite the fairly simple method, binary options have their disadvantages:
● you can lose your capital;
● there are often misunderstandings between the parties to the transaction about the time of the financial transaction;
Best Binary Options Broker 2020!
Free Trading Education!
Free Demo Account!
Perfect for Beginners!
2 place in the ranking!
● and, unfortunately, in this segment, there is very often no regulation by the competent institutions (many problems between the trader and the broker become intractable).
Well, what about cryptocurrency?
● Cryptocurrencies used as a financial instrument for binary options do not require the payment of commissions or other fees to the broker (and this, sometimes, is a decent amount).
● Cryptocurrencies allow you to increase your status by a factor of 2-3 within a few hours (remember 2020).
● Even a small “rise” in the amount of 2% makes it possible to earn, let a small, but quite tangible profit. No securities will cover transaction costs for similar transactions.
And of course a separate topic – the increase in the cost of popular cryptocurrencies. Many readers still remember the days when the cost of the PTS reached $ 20 thousand. At the same time, reputable economists present a lot of arguments in favor of the fact that this figure was not the “ceiling” of Bitcoin cost.
Why are many reputable politicians, millionaires, etc. afraid of cryptocurrency ?
A topic that rarely comes up in the media is the real value of a dollar. Even students of our economic universities (who came to receive knowledge, and not a “diploma”) are well aware that a dollar that “hypnotized” the whole world is worthless. But no one today has come up with a painless alternative for the global economy. Just imagine: tomorrow you wake up and find out that the dollar is worthless, more than one bank does not accept, etc. Of course, a fairy tale, but its whole paradox is that this statement is the real truth.
That is why the United States is afraid, like a fire, a cryptocurrency that cannot be controlled. But this does not mean that BTC, Monero, Ethereum, Litecoin, Zcash, and others, will not become the leading financial instruments on the world’s major trading platforms and will soon force out the usual Fiat money. As one well-known financier said: Forex will disappear, its alternative will appear, which will carry out all operations with cryptocurrency, and the New Era expects binary options. And the one who is the first to orient in this, will break a considerable sum.
“General Risk Warning: Binary options and cryptocurrency trading carry a high level of risk and can result in the loss of all your funds.”
NEX Markets opens a new era of cryptocurrency trading
NEX Markets （ Nzlex.com ） is part of the NEX Group
NEX Group: A global markets company empowering participants to efficiently manage risk and capture opportunities in every major asset class
In 2020, NEX Group’s revenue was 543 million pounds, operating income was 145 million pounds, net income was 120 million pounds, and there were 1,941 employees.
In 2020, NEX launched a regulatory reporting platform dominated by Abide Financial.
Users can access regulatory reporting services across assets and jurisdictions through a single connection. The platform aims to provide complete transparency of data and transaction lifecycle processes.
Customers will benefit from processing large amounts of data under multiple regulatory regimes and submitting final reports transparently to regulators through a series of internal regulatory terminals.
Meanwhile, the Chicago mercantile exchange group completed the acquisition with the global interbank transaction broker, financial technology company NEX group. In the situation of rapid development of global digital currency, the NEX is layout concept of globalization. For the sake of strategic needs, NEX decided to set up NEX Markets in commonwealth country New Zealand to do businesses specialized in digital assets that can let more users choose. The investment in employees and culture supports the success of the NEX Markets business. The website www.nzlex.com NEX Markets builds long-term relationships with customers and is committed to meeting the highest standards in everything NEX Markets does.
With the efforts, NEX global digital asset trading has 22 satellite offices, Services support to the countries and regions including Luxembourg, the Vatican, Liechtenstein, SAN Marino, Ireland, Germany, Britain, France, Italy, Spain, Ireland, Sweden, Switzerland, the Czech republic, Slovakia, Belgium, Norway, Canada, Japan, South Korea, Singapore, Australia, the Netherlands, Portugal, Denmark, Finland, New Zealand, Greece, Lithuania, Israel, Poland, Romania, Hungary, the united Arab emirates, Slovenia, Austria, Estonia, Saudi Arabia, Qatar, Kuwait, Brunei, Cyprus, Malta, Andorra, Uruguay, Monaco, Latvia, Brazil and Argentina, Croatia and Russia.
In addition, NEX Markets is partnering with CFETS, China’s official interbank market trading platform, to provide the underlying technology for fixed income and Foreign exchange electronic execution service in mainland China for a period of three years, providing NEX transactions valued at approximately $65 million. Digital asset transactions are still being negotiated.
About global pricing data and information solutions business of NEX Markets, NEX Data has entered into a distribution partnership with Tradition, one of the world’s largest OTC commodity and financial products dealer brokers. It will become the main distributor for the Tradition market Data and information services segment.
So far, NEX Markets has invested more than £30 million in technology companies in the encryption field, and these companies are focused on leading the transformation of the market structure in the encryption field. In addition to this year’s £18 million investment in ENSO and Abide Financial, NEX Markets also owns shares in eight portfolio companies that face a rapidly growing risk/data analysis area. A recent example is Axoni, which provides a full-stack blockchain solution for the world’s largest financial institutions and capital market service providers.
In February 2020, NEX Markets enhanced the EBS Live Ultra data source to provide digital asset transaction data at 5 millisecond intervals, making it the fastest real-time streaming data source in major marketplaces, significantly increasing price discovery and increasing the market. Transparency, efficiency and mobility.
NEX Markets’ NEX Infinity platform will provide NEX Markets’ advanced customers with a single sign-on unified front end to distribute NEX Markets services, align and streamline the entry, operation, technical support and integration of all NEX optimized services.
What NEX Markets supply?
NEX Markets connects the financial community, including banks, asset management companies, hedge funds and global companies. They came to NEX Markets for efficient and convenient trade execution. NEX Markets is committed to reducing risk, increasing efficiency, reducing costs and streamlining increasingly complex processes for our customers. NEX Markets offers opportunities to optimize regulatory and financial resources.
Search in Google Store and Apple Store NEX Markets can be downloaded directly
The multilateral network and subject matter expertise established by NEX Markets enables NEX Markets to offer its customers a complete set of services to optimize their financial resources, reduce costs, streamline workflows and give them confidence in their data. These solutions are prerequisites for any customer operating in an increasing capital and regulatory intensive environment.
As the market has undergone an unprecedented industry transformation, NEX Markets provides innovators with a platform to provide next-generation crypto-finance technology, giving the world the power of encryption in the market.
Why choose NEX Markets?
- NEX Markets is well capitalized and leveraged to allow organic growth to lead to good profit margin expansion.
- NEX Markets maintains a mix of mature and growing assets to achieve good cash flow and growth.
- NEX Markets is fully capable of benefiting from changes in market structure.
- Provide customers with a better way to execute transactions and manage risk.
- Provide a unique suite of leading financial technology services.
- NEX Markets’ core investment strategy is to expand NEX Markets’ customer base, increase the use of product suites, and leverage the technical infrastructure and expertise of NEX Markets.
- The success of NEX Markets as an organization depends on the talents and skills of NEX Markets employees.
- NEX Markets has a strong trading platform that enhances market liquidity for a wide range of customers and products.
- NEX Markets offers a flexible platform and solution that integrates seamlessly with customers’ legacy systems.
- NEX Markets offers its clients a range of services to optimize their risk and capital throughout the trading lifecycle.
- NEX Markets helps customers reduce costs and automate processes.
- NEX Markets has a strong technical infrastructure.
- NEX Markets provides a market-leading electronic execution platform for the professional trading community.。
- NEX Markets focuses on innovation and the development of the market ecosystem.
- NEX Markets builds the next generation of cloud-based technology solutions.
- NEX Markets has created an ecosystem of products and services that span the trading lifecycle.
- NEX offers customers better ways to execute trades and manage risk. Their products and services underpin the entire trade lifecycle, pre, during and post execution. Their electronic trading platforms are industry standards. Customers use their lifecycle management and information services to optimise portfolios, control risk and reduce costs. Their partner with emerging technology companies to bring greater efficiency.
- NEX is dedicated to mitigating risk, increasing efficiency, reducing costs and streamlining increasingly complex processes for our clients. They offer the opportunity to optimise both regulatory and financial resources. 。
- NEX established multilateral networks and subject matter expertise enables them to provide a suite of services to our clients to optimise their financial resources, reduce their costs, simplify their workflows whilst giving them confidence in their own data. These solutions are a prerequisite for any client operating in an increasingly capital and regulatory intensive environment.
- NEX Markets supplies the electronic execution platforms that the professional trading community wants. Their prominence in electronic trading stems from their aptitude for anticipating new needs.
Blockchain originated from satoshi nakamoto’s bitcoin. As the underlying technology of bitcoin, it is essentially a decentralized database.A technical solution to collectively maintain a reliable database through decentralization and trust.Blockchain technology is a kind of technical solution to store, verify, transfer and communicate network data through its own distributed nodes without relying on the third party.
From the formation process of blockchain, blockchain technology has the following characteristics.
Blockchain technology does not rely on additional third-party management agencies or hardware facilities, and there is no central control. In addition to the independent blockchain itself, each node realizes self-verification, transmission and management of information through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain.
The basis of blockchain technology is open source. In addition to the private information of the parties to the transaction being encrypted, the data of blockchain is open to everyone. Anyone can query the blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent.
Based on consensus specifications and protocols (similar to the hash algorithm adopted by bitcoin and other mathematical algorithms), the whole blockchain system does not rely on other third parties, and all nodes can automatically and securely verify and exchange data within the system without any human intervention.
As long as you cannot control 51% of all data nodes, you cannot arbitrarily control and modify network data, which makes blockchain itself relatively safe and avoids subjective and artificial data changes.
Unless required by laws and regulations, technically speaking, the identity information of each block node does not need to be disclosed or verified, and the information transmission can be carried out anonymously.
The process of establishing a credit system:
Step 1: each transaction must be broadcast to each node (i.e., miners) in order for the entire network to recognize it.
Step 2: each miner node must time stamp and enter the block correctly for each transaction of the ten minutes.
Step 3: each miner node shall compete for the legal accounting rights of the 10-minute block by solving the SHA256 puzzle, and strive for a reward of 25 bitcoins (50 bitcoins every 10 minutes in the first four years, and half of them every four years).
Step 4: if a miner node solves the 10-minute SHA256 problem, ta will publish all the time-stamp transactions recorded in the 10-minute block to the whole network, which will be checked by other miners in the whole network.
Step 5: cut the other miners node to check the block billing is correct (because they cover the timestamp at the same time, but no competition to legal block right to charge to an account, so there is no reward), after they are no errors in the legitimate competition next after the block, thus forming a legal billing block single, namely currency payment system in the general ledger, chain blocks.
In general, each transaction must go through six block confirmations, or six 10-minute bookkeeping, before it is finally recognized as a legitimate transaction on the blockchain.
“bitcoin” is a billing system in which the owner electronically signs with his private key and pays it to the next owner, and then the entire network of miners time-stamps the account to form a blockchain.
NEX supports Facebook to issue tiping currency and participate in node campaign.
Libra is a stable currency, a classification of cryptocurrencies in the digital cryptocurrency industry. In the Libra Blockchain system, a Libra score equals to $1, and the price is stable.Libra – when you have 10 Libra accounts, that means you have $10 in your hand to spend on Libra.you can buy Libra for nothing.Libra – created only through 1:1 purchase of legal tender – will also be channelled into reserves, according to the Libra white paper. The size of the reserves determines the practical value of Libra, which fluctuates but is small.
NEX got the New Zealand Financial Licence
Bitcoin, Simplex etc.institutions were engage in strategic cooperation with NEX
NEX Markets is now online Google products and Apple stores and local application markets can be directly searched and downloaded to open the wealth journey
Bitnew’s successful landing in the NEX Markets market has been well received and has received new strategic investments.
Future development prospects of NEX
NEX Exchange areas needed for the trading community to provide professional encryption electronic execution platform NEX Markets prominence is the result of NEX in electronic trading Markets for new demand prediction ability NEX Markets platform and service because of its stability, liquidity and market insight and trusted, is digital assets and fixed income products increasingly diversified in the first place.
We are about to launch, the EX regulatory reporting platform, the EX regulatory reporting platform by Abide Financial support, can reduce cost, eliminate the effectiveness of operational risk and to provide supervision report in addition to local regulatory environment in Europe (EMIR, MiFID/II, SFTR, REMIT), regulatory report also for the NEX Dodd, Frank, ASIC (Australian) and MAS (Singapore), New Zealand and other international regulatory jurisdiction entities to provide professional service report.
In the future, NEX Markets will connect the financial community, including Banks, asset managers, hedge funds and global enterprises, who come to NEX Markets for efficient and convenient trading execution.
Establish multilateral network and subject expertise make the NEX Markets can provide customers with a complete set of services, to optimize its financial resources, reduce cost, simplify working process, and let them have confidence in their own data these solutions is in the increasingly intensive capital and regulation of the environment operations of the prerequisite for any customers.
According to the official news of Bitnew’s public chain, Balaji Capital has completed a strategic investment in two major entity application development companies, StarCraft and GTEX, of Bitnew blockchain technology. Balaji Capital’s business covers blockchain companies’ crisis management, mergers and acquisitions, fund issuance and intent to invest in encrypted assets, and also provides blockchain transformation services for SMEs. This strategic investment is an important layout of Balaji Capital in the field of “blockchain + government management + health care”. The goal is to rebuild the harmonious ecological chain of human trust and government credit.
StarCraft is mainly responsible for QQBC’s technology research and development and global trust ecological integrity community; GTEX focuses on application development in the field of government management software systems, and the construction of international software trading platform, through the use of new technologies to improve government efficiency, Enhance government credit while strengthening the governance of government personnel. With Balaji Capital’s support for Bitnew funds, Bitnew’s application space will be fully tapped. In the future, Bitnew will be applied in mortgage, Internet of Things, medical and other industries, which will inevitably generate great social value. Many analysts in the blockchain industry agree that BTN will have at least 10 times upside potential, and the overall valuation will reach around $30 billion in the future.
As the market undergoes an unprecedented industry transformation,NEX Markets is about to provide innovators with a platform to provide a new generation of cryptographic finance technologies, empowering the global cryptographic market.
7 Binary Options
Latest posts by Marcio (see all)
- How to Become a Great Trader? – March 2, 2020
- 7 Mistakes Novice Traders Make (Please, Avoid Them) – February 12, 2020
- 5 Day Trading Tips You Want to Know – January 20, 2020
Cryptocurrencies have as of late enjoyed increased popularity amongst business people selling everything from digital art to coffee. However, what separates a cryptocurrency from other types of currencies is that it is encrypted. The encryption locks the process involved in both conducting various transactions and their generation.
Cryptocurrencies have now crossed the $100 billion point which accentuates the fact that it is no longer just bounded to the realm of IT geeks and people selling drugs on the dark web. It is also poised to become the leading alternative form of money for almost everything you can think of buying.
The change brought about by the advent, and growing adoption of cryptocurrencies to the financial markets and us as consumers is still difficult to estimate. Many people still don’t realize that the possibilities are endless for everyone. Not to mention the fact that anyone and anywhere can transfer money in a matter of seconds directly, and securely.
The IQ Option Trading Platform and Cryptocurrencies
Ask anyone who has sent money across the border, and they will tell you that it takes an average of a week to process. So, the ability to send almost any sum of money to any part of the world is an attractive prospect for businesses and individuals.
The other plus point of using cryptocurrencies is that it renders fraud near impossible. The blockchain employed by these currencies is secure and tracks every transaction. Obviously, less fraud means more trust and safer business practices.
Cryptocurrencies have managed to change the world in a way that has not been possible for many centuries, i.e., it was able to do away with the need for banks. You no longer need to go through a bank to transfer money and pay a commission in the process. Also, banks charge for mediation if things go wrong. With the use of cryptocurrencies, this will no longer be a problem that people need to concern themselves with when doing business.
Top Cryptocurrencies Choices
Originally launched back in 2009, it was the first cryptocurrency to be publicly traded. The fact that it was accepted into the market marked a new era in the development of a fresh international financial system. Today, Bitcoin comprises 45% of the entire cryptocurrency market and also happens to be the most expensive currency to buy.
There is a limit to the number of bitcoins that can be produced. It is limited to just 21 million, and with rising demand, the price increases with it. It is also the most trusted cryptocurrency. Satoshi Nakamoto is considered the creator of Bitcoin though nobody has ever seen or heard him.
Dash was previously called XCoin and Darkcoin, launched in 2020, it offers the same capabilities as Bitcoin but with the added advantage of instantons transactions or InstantSend as it is called. It also has a feature called PrivateSend and one called decentralized governance or DGBB. Dash users can send money in a second while remaining anonymous thanks to the implementation of a technology similar to Tor.
Dash benefits from a two-tier system. Miners are the people who are the first to write on the blockchain putting them in the first tier. The use of so-called Masternodes allows for the use of advanced features like add-ons which form the second tier.
Ethereum is ranked as the second most popular type of cryptocurrency, right behind Bitcoin. That’s an achievement in itself considering the status of Bitcoin as the pioneer of cryptocurrencies. It is currently worth more than 50% of bitcoins in value.
One of the leading features of Ethereum is the use of smart contracts. The use of smart contracts adds yet another layer of security which in addition to reduced transactional costs makes it attractive to businesses.
Smart contracts are stored within Ethereum’s blockchain. They work as a sort of exchange mechanism which will carry out a direct transaction of the value between two agents of unknown origin. Smart contracts is one of the reasons why Ethereum is so successful.
However, Ethereum is known for being volatile with spikes in value, In June 2020, the currency experienced a brief crash from $319 to just .10 cents, which then rebounded the next day.
It is a relatively brand new cryptocurrency which is being touted as a new generation of the conventional blockchain. The new currency has been optimized for use in the Internet of Things. So, unlike using a heavy and increasingly large blockchain, IOTA was developed with making it as small and light as possible.
IOTA replaces the blockchain with tangles. Tangles is mainly based on the use of Direct Acyclic Graph or DAG as it is called. The DAG does not distinguish between validators and regular users which approve transactions. So, to affirm a commitment to a transaction the user has to confirm two other different transactions. That is the foundation of the decentralized system.
Litecoin is an alternative cryptocurrency which was created after the success of Bitcoin. The Litecoin can be considered as an enhanced Bitcoin. The significant difference between the two cryptocurrencies is with Litecoin you can assure a faster transaction. The cryptocurrency is not controlled by any central authority, it also has no cost of transaction associated with it and its transaction time is 4x the speed of regular Bitcoin.
Ripple is a business that provides a global market solution. They launched their own cryptocurrency which was seen as the next logical step. Its creators say that Ripple is the fastest cryptocurrency in the world and can be used for scalable digital assets.
It also boasts of immediate transactions. So, a user can process up to 1000 deals in just a second that is much faster than Ethereum and has excellent stability. It is also ranked as the third most popular cryptocurrency.
The legality of cryptocurrencies:
- Bitcoin is permitted for use in all countries in the world except for Bangladesh, Kyrgyzstan, Ecuador and Bolivia.
Start trading now with our recommended Binary Options Brokers.
Start trading now with Binary Option Robot
Best Binary Options Broker 2020!
Free Trading Education!
Free Demo Account!
Perfect for Beginners!
2 place in the ranking!