Here is how to start trading Cryptocurrency Option on BITLEVEX’s trading platform.
BITLEVEX Trading Guide. Table of Contents
BITLEVEX Options Trading Platform
In case you are not familiar with options, have a look at this brief guide describing the options and how they work.
The main advantages of trading options on BITLEVEX are:
- It is an opportunity to multiply your investment several times in a matter of minutes;
- It is a unique product with a trusted pricing method by Nobel prize winners Black & Scholes;
- And it is the best way to earn on your price predictions on assets with high volatility.
Here is a brief guide on how to invest in BTC options on the BITLEVEX platform.
Go to BITLEVEX Official Website
How to start trading on BITLEVEX’s platform
The minimum investment amount in BTC options is 10 USD, and the maximum is defined by the investment type.
To begin trading on the BITLEVEX investment platform you will need to add funds to your account.
There are three ways to add funds to your account:
- Using your VISA or MasterCard (funds will be added to your account within a couple of minutes);
- By wire transfer to our bank account (this may take up to 72 hours);
- With BTC (funds will be added to your account instantly).
After you have funded your account you can purchase BTC options with or without leverage.
Available leverage sizes: 1:2, 1:5, 1:10, 1:25, 1:50 and 1:100.
Please, note that if you are buying an option with leverage, BITLEVEX charges an interest rate on the leveraged amount at 10% per annum on a daily basis.
Also, note that BTC options with leverage can be sold back after 24 hours from its purchase, whereas options bought without leverage (1:1) can not be sold back before the date of maturity.
For risk management purposes, the potential profit is limited to 500%. This is a temporary measure that will be removed soon.
You can buy a PUT option (the right to sell BTC) or a CALL option (the right to buy BTC) either from the “INVEST NOW” section or below under the Advanced Controls section.
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How to buy an option from the “INVEST NOW” section
Press the “INVEST NOW” button located in the header of the web-page. You are free to choose the type of option you are willing to invest in (PUT or CALL), the amount of your investment (10 USD minimum), and investment type (Simple, Regular, Profitable, or Reactive).
- Every investment type has the same time to maturity of the option which equals to 1 month;
- Every investment type has the same strike price of the option that is equal to the price of BTC at the moment of its purchase;
- Simple investment type is defined by 1:10 leverage, whereas Regular and Profitable are defined by 1:25 and 1:100 leverage respectively (please, note that the vast majority of our users are buying options using Profitable investment type, as it is potentially the most profitable);
- After you have chosen between these three parameters you can now complete the option purchase by pressing the “INVEST NOW!” button;
- After you completed your purchase you can track the status of your investment in the table at the bottom of the web-page.
Go to BITLEVEX’s Trading Platform
Buying an option from the Advanced Controls section
The Advanced Controls section gives much wider possibilities for BTC option purchase, you can choose a different time to maturity, execution price, BTC amount, and leverage.
The process is very simple – you set the parameters and confirm the purchase after you can track the status of your investment in the table at the bottom of the web-page.
Additionally, you can buy options from the table with predefined parameters.
If you have any questions regarding options trading, please contact support.
How to make a deposit to BITLEVEX?
To BITLEVEX’s live trading account, you can make a deposit via various ways including Bank wire transfer, VISA, Mastercard, American Express, Skrill, and WebMoney.
You can also transfer your Cryptocurrency to BITLEVEX’s account.
BITLEVEX accepts many Cryptocurrency deposits including BTC, ETH, XEM, LSK, XMR, ZEC, ARDR, REP, MAID, LTC, XRP, DOGE, NXT, DASH, WAVES, USDT, SWT, DGD, TRST, EDG, WINGS, RLC, GNO, DCR, LUN, XLM, BAT, ANT, BNT, CVC, EOS, PAY, NEO, OMG, ZRX, QTUM, STORJ, FUN, NMR, SALT, BTG, DGB, DNT, VIB, RCN, POWR, TRX, PPT, STX, KMD, BRD, NGC, ZEN, WTC, ZIL, ARK, ZAP, ABYSS, LRC, POLY, ICX, SMART, NEXO, ONT, ENJ, BCD, KNC, TUSD, DENT, and many more.
The amount you deposit will be converted to USD and credited to your wallet as soon as the transaction is processed by the blockchain.
Please note that deposits below your minimum deposit threshold will be blocked until the total deposited amount is greater than or equal to the minimum deposit amount in BTC equivalent.
How to place an order on BITLEVEX’s platform
- Option Type – Put or Call
- If you believe BTC price is about to grow in the nearest future, choose “Call” option, if you believe it is about to decline, choose “Put” option.
- Leverage
- Leverage allows you to invest smaller amounts with much greater potential returns. Think of it as a friendly short term loan, with interest that you will not need to pay back if you guess wrong.
- Time to Maturity
- You must decide how long you want your contract to operate. While choosing for shorter terms increase potential profit, it also increases the risk amount this type has.
- Investment Amount
- Please consider an amount you are comfortable investing. The minimum investment amount is $10 and the maximums asset price you can invest in is $10,000.
Go to BITLEVEX Official Website
Please click "Introduction of BITLEVEX", if you want to know the details and the company information of BITLEVEX.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...