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  1. #21
    Active Member Frontline's Avatar
    Great, Michael. Please update us how you bought them - what all you had to do to accomplish a cryptocurrency purchase.
    I have heard that cryptocurrencies are coming to binary options world too. There are very few brokers now, who offer bitcoin to trade, so maybe it will become a more popular instrument.

  2. #22
    Legendry Member milos's Avatar
    It can be traded by Bitcoin and Litecoin.

    http://prntscr.com/g79ywr

  3. #23
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by Frontline View Post
    Great, Michael. Please update us how you bought them - what all you had to do to accomplish a cryptocurrency purchase.
    I have heard that cryptocurrencies are coming to binary options world too. There are very few brokers now, who offer bitcoin to trade, so maybe it will become a more popular instrument.
    OK, so to buy I had to verify two stage my account on sign up, and then had to verify my bank account with test transactions. the only issue I had was on my fist attempt at bank verification my bank flagged the transactions as possible fraud so I had to accept them, and then wait a day to try again. That try worked like a charm, you just have to be patient.

    I bought my first Ethereum this morning.... LIke I told Okane, it was a little scary but you have to ride the bull to win the rodeo...

  4. #24
    Moderator Kolyo's Avatar
    Haha Congratulations, Michael! Having real Ethereum or Bitcoin is very different than trading on binary options or CFDs. At the end you own it haha, maybe it is a bit scary with this extreme volatility but who knows maybe you can be one day a millionaire from this One Ethereum
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  5. #25
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by Kolyo View Post
    Haha Congratulations, Michael! Having real Ethereum or Bitcoin is very different than trading on binary options or CFDs. At the end you own it haha, maybe it is a bit scary with this extreme volatility but who knows maybe you can be one day a millionaire from this One Ethereum
    exactly, I made an actual purchase of Ethereum, which in itself is kinda odd because Ethereum only exists digitally on the ether, but you are right. so long as it keeps working there will be value, just depends on the market and etc.

  6. #26
    Active Member Frontline's Avatar
    I watched a Youtube video of a webinar, which the BlueSkyBinary company has had some days ago. They were talking about this Ethereum, and about a totally new BO trading system it will make possible. Must watch it again... did not quite understand everything. But interesting. - Michael, were you there??

  7. #27
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by Frontline View Post
    I watched a Youtube video of a webinar, which the BlueSkyBinary company has had some days ago. They were talking about this Ethereum, and about a totally new BO trading system it will make possible. Must watch it again... did not quite understand everything. But interesting. - Michael, were you there??
    I wasn't but Okane was. the idea though was to use the block chain to verify trades so the brokers couldn't scam you, not sure how it was going to work though because you would still someone to match trades, or have a platform to make trades on.

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