how to convince someone to invest in binary options

How to Trade Binary Options at Bitlevex

How to Open a Merchandise

In the top-left corner of the dashboard, you can runway the electric current asset price and its trend.

The candle chart helps you explore historical BTC price performance in dissimilar timeframes. There are also several tools and indicators you can use to analyze future price movements.

This section enables you lot to construct custom option trades based on the parameters that you select. Lets encounter what we got here!

Place a PUT or a Call

If you speculate that the price of Bitcoin will increment, select the CALL option. On the contrary, if you believe that the cost will drop, choose a PUT option.

Next, choose the leverage

Betoken the margin (multiplier) by which you wish to execute the merchandise. Notation that higher leverage is riskier, only oftentimes more rewarding.

Cull the timeframe of maturity

Maturity refers to the timeframe of the contract expiration. Smaller time frames are often associated with higher risk, while longer timeframes are often safer and thus a great selection for beginners.

Please note, when choosing time maturity, it does not mean, that you lot need to await until the end of maturity. You can showtime selling after 5 minutes from the option buy.

Enter the amount you wish to invest

Identify an amount that falls within the upper and lower limits, equally specified in the box.

Purchase your choice

Press this push button to lock in the selections made above and purchase your option.

Rail your investments

Follow your active option trades and track their performance through multiple data points.

Y'all can also see a history log with your previous trades by clicking on the HISTORY tab on the top-right corner of the table.

Our platform integrates with TradingView to offer trading signals across different timeframes. This helps you improve your trading decisions.

The order volume helps yous come across what options other users are placing, equally well as the current overall trend between PUTs and CALLs on the platform.

You are now ready to trade BTC options!

What is Options Trading?

What are Options?

Options are contracts that requite the bearer the correct, but non the obligation, to either purchase or sell an amount of some underlying nugget at a pre-determined toll, referred to as the strike cost, at or earlier the contract expires.

Each choice contract will have a specific expiration date by which the holder must do their option. The stated price on an selection is known as the strike price.

Call and Put Options:

• A call can hateful two things. It tin refer to an option contract giving the owner the right, but not the obligation, to purchase a specified amount of an underlying security at a specified price inside a specified time. It can as well refer to a call auction, a fourth dimension when buyers fix a maximum acceptable price to buy, and sellers set the minimum satisfactory price to sell a security on an substitution. Matching buyers and sellers in this process increases liquidity and decreases volatility. The auction is sometimes referred to every bit a call marketplace.
• A put is an options contract that gives the owner the right, but not the obligation, to sell a sure corporeality of the underlying asset, at a set price inside a specific time. The heir-apparent of a put option believes that the underlying stock volition drop below the practice price before the expiration date. The exercise toll is the price that the underlying nugget must reach for the put option contract to concur value.

What is an Expiration Date?

An expiration date in options is the last day that an pick contract is valid. On or before this day, investors will have already decided what to do with their expiring position.

Earlier an choice expires, its owner can cull to exercise the option, close the position to realize their profit or loss or let the contract expire worthless.

What is an Option Premium?

An option premium is the current market price of an choice contract. It is thus the income received by the seller (writer) of an option contract to another political party.

European and American options

The European options can simply exist exercised on the expiration date, not earlier.

The American options can be exercised on or before the expiration date.

At the moment, we just consider European options

The price (premium) for the European options contract shall be calculated using a variation of the Blackness Scholes Model, meet https://www.investopedia.com/terms/b/blackscholes.asp

How to Withdraw from Bitlevex

Withdraw funds from your Bitlevex wallet

1. Hover your mouse on the acme right side of your screen and press "Transactions" or  printing "Profile" and printing "Wallet".

two. Choose Withdraw

3. Enter your personal Bitcoin (BTC) wallet accost where you want your withdrawal to be sent.

• When youre withdrawing coin in BTC, the calculation will exist automated from $ to BTC corporeality. The process is manual and tin take from 1 up to 72 hours.
• Additionally, a 5% withdrawal fee volition be taken from your business relationship, to cover the withdrawal fees.

How to become a Bitcoin wallet?

Best for Beginners: Exodus

Exchange wallets: Binance, Coinbase, Kraken

Note

To be eligible for a withdrawal, make sure that your profile is verified to TIER2. Heres a quick tutorial on how to verify your account.

If youre encountering whatsoever issues, delight file a support ticket.

Withdrawal fees at Bitlevex

Withdrawal

Please note that we may accuse a transfer fee to cover the expenses. Currently, withdrawal is only in BITCOIN.

Fees

5% withdrawal fee

If you take any other additional questions about our withdrawal fees or whatsoever other questions about BITLEVEX, please open a support ticket here or open live chat on the bottom right corner of your screen.

Additional fees regarding withdrawal

If BITLEVEX service is being used as a cryptocurrency exchange, BITLEVEX will procedure the payment manually, rejecting the previous asking, and make a new transaction with a 15% fee included in the payment. For instance, A customer makes a deposit, conducts no trading activity, and requests a withdrawal. The customer will be subjected to boosted fees, that have to be paid from the amount requested to be withdrawn. The withdrawal will exist paid to the same address, that has been specified on the withdrawal asking time. Please contact support if you want to employ the service similar this.

Source: https://binaryoptionswiki.com/how-to-trade-binary-options-and-withdraw-from-bitlevex-101452

Posted by: adamsanquesel.blogspot.com

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