What is BITLEVEX's Crypto Option Trading? How does it work?

2 Types of Cryptocurrency Options

BITLEVEX provides the ability to trade BTC options.

Here, we will tell you about what options are and what are their advantages.
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The option gives the investor the right to buy or sell cryptocurrency at a predetermined price for a specified period.

There are two types of cryptocurrency options: “Call”, which gives the right to buy (its price increases with the growth of the cryptocurrency rate) and “Put”, which gives the right to sell (its value increases with the fall in the rate of the digital coin).
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In normal trading, an investor can buy or sell coins and tokens at any time.

Whereas options are valid for a limited, predetermined amount of time.

And the price of the underlying asset is already fixed.

Depending on the position, the investor hopes that the cryptocurrency will rise in price or fall in price in relation to the established price.
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Trade Cryptocurrency Options on BITLEVEX

Benefits of Cryptocurrency Options

Cryptocurrency options provide several undeniable advantages over buying cryptocurrencies on exchanges:

• No commissions;
• Fixed risk;
• High liquidity;
• Round-the-clock trading;
• High income.

You can earn on the movement of the rate, but at the same time not pay additional commissions on the exchange and trade simple contracts with a fixed payment.

There is no need to fiddle with exchangers and risk storing a highly volatile asset, making money solely on rate fluctuations.

All this greatly simplifies the calculation of risks and the trading process itself.

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The main features of BTC options trading

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Bitcoin is not subject to the political and economic influence, but, like any other currency, it can pay for various goods and services.

This independence from external factors makes Bitcoin attractive to option traders.

Reducing dependence on external factors greatly facilitates the predictability of an asset, thereby reducing the likelihood of sharp price jumps.
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Option – a financial contract concluded between two parties – the holder and the seller.

The former acquires the right, but not the obligation, to buy or sell a certain amount of the underlying asset at the strike price on a specific date (expiration date).
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The seller agrees to buy or sell the asset at the request of the option holder.

The latter pays a certain sum of money to the seller at the time of purchase of the contract – the so-called premium.

Technically speaking, trading options on cryptocurrency is no different from trading other assets.

You need to choose Bitcoin as a basis, set the expiration date, decide on the rate, make a forecast for the growth or fall of the asset value, and buy the corresponding contract.

When the option expires, with the correct forecast, you just need to take your profit, which is issued in the currency of your account.

Options trading for the smartest investor is a great way to leverage financial leverage and control some of the risks associated with gambling.
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By trading options, you can always make a profit – regardless of the direction of movement of stock prices, even if they are not moving at all.

You can use options to reduce losses, protect profits, and even manage large amounts of stock with relatively small amounts of cash.
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BITLEVEX is a secure and reliable trading platform where you can get up to 500% profit within 24 hours!

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Benefits of options trading on BITLEVEX

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Similar to the options on all major assets already existing in traditional finance, there are contracts based on BTC and ETH in the cryptocurrency market.
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“Derivatives such as options allow users to hedge risk and generate income.

In the traditional financial market, derivatives play a key role.

These tools are needed for the cryptocurrency market to continue to grow and develop with new entrants,” said Aaron Gong, Vice President of Binance Futures.

There are three main benefits of options trading:
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1. First, options can be used to generate a fixed income. When we sell options, we receive a premium. We’ll talk about risk insurance when selling options a little later.
2. Secondly, options can be used to protect their investments. In fact, this is the original reason for creating this type of contract.
3. Thirdly, options belong to the class of derivatives, which makes it possible to analyze prices not only and not so much of the underlying asset (stock, car, food, etc.), but also to analyze changes in derivatives from these assets. In the case of options, the first derivative is volatility, predicting changes in which is much easier than predicting the prices of underlying assets.

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In other words, we do not need to guess where exactly and at what point in time the price of the asset we have chosen will be.

We will be able to profit when the market rises, falls, or even stands still.
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Major benefits of trading on BITLEVEX are:

• Licensed business activity available worldwide
• Secure and reliable trading platform
• Up to 500% profit within 24 hours
• No deposit and withdrawal fees
• Zero trading fees and commissions
• Quick registration and verification
• 24/7 support

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Why it is not too late to invest in cryptocurrency

The current capitalization of the entire Crypto market is only a small fraction of the value of some large companies.
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The cryptocurrency was conceived as a new form of money.

However, today it still accounts for only a small fraction of all financial assets in circulation.

At the moment, the total market capitalization of the entire cryptocurrency industry does not exceed $ 130 billion.

That’s far less than the value of giants like Amazon ($ 902.8 billion) and Apple ($ 889.2 billion).
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By the most conservative estimates, digital currencies are quite capable of occupying the same niche as gold.

If we take into account their ability to completely replace ordinary money, it becomes clear: the growth potential of the cryptocurrency industry is simply enormous.
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1. Institutional money has not yet entered the Crypto market

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Institutional capitals, usually managed by investment firms, are still shunned by the cryptocurrency industry.

However, the situation is gradually changing for the better.

Some time ago, the largest American bank Morgan Stanley announced its interest; Fidelity went even further and started offering cryptocurrency trading and safekeeping services to corporate clients.

Most likely, other companies will also pick up this trend.
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2. The Crypto industry still has plenty of room to grow

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Blockchain technologies will improve, investors will gain experience, so in the future, we may witness exponential growth in both real application and market capitalization.

3. Cryptocurrencies can act as store of value during crises

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Cryptocurrencies are not owned by any country and are not controlled by the government.

They have no physical form and are easy and safe to store.

Therefore, cryptocurrency helps protect capital from crises.

Venezuela and the economic crisis in Zimbabwe are recent examples.
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With BITLEVEX you can earn up to 500% profit within just one day! It is a licensed business activity available worldwide featuring zero trading fees and no commissions!

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How BITLEVEX protects traders’ funds with verification

Only KYC Level 2 and KYC Level 3 users can withdraw funds from their BITLEVEX account.

The verification process for BITLEVEX is a standardized compliance measure for anti-money laundering (AML), know your customer (KYC), and counter-terrorism financing (CTF) laws and regulations.

BITLEVEX has an international license issued by the Financial Intelligence Unit (FIU) of the Republic of Estonia, and therefore the rules for using the platform are based on the laws of the European Union and the Republic of Estonia.

Such measures make the BITLEVEX platform a maximum safe trading place for our users.

We strongly recommend you to deposit funds and trade after your account is verified.

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About Cryptocurrency’s growth of popularity

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A survey of financial experts took place in the UK.

According to its results, more than 50% of people who have invested in cryptocurrencies plan to continue buying bitcoins and other digital currencies.
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The research was conducted by analysts from Consumer Intelligence.

Despite the downturn of the market and high volatility, only 8% of respondents intend to sell their investments.

56% of respondents intend to continue buying cryptocurrencies, 31% want to keep their digital assets and wait for their growth.
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Most investors expect cryptocurrencies to grow in the next 12 months.

32% of surveyed experts believe that by 2021 digital assets will increase significantly in price and can become a full-fledged replacement for fiat money.
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The expectations of experts regarding government regulation are also high: 62% are confident that within 2 years regulatory pressure will increase in all countries and will finally determine the place of cryptocurrencies in the economy.

22% believe that digital currencies are recognized as a means of payment and the number of money transfers and crypto payments will increase dramatically.
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Financiers expect cryptocurrency market capitalization to exceed $ 1 trillion by 2021.

Time will tell whether their optimistic forecasts will come true.
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In the first half of 2020, it is obvious that interest in crypto assets continues to grow, there is more and more news in this market segment, many countries are talking about creating their own national digital currencies, which ultimately has a positive effect on investors sentiment.
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In addition, in recent years, bitcoin has repeatedly demonstrated its stability and independence during crises of national currencies.

And the fact that cryptocurrencies are easier to store and easier to trade with than gold has contributed to the growth in popularity of bitcoin as a reliable asset for preserving capital.
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The BITLEVEX exchange provides you with the opportunity to earn with every price swing! It is a platform that has such features as no deposit and withdrawal fees and zero trading fees and commissions.

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What indicators a crypto trader should pay attention to?

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For all traders, especially beginners, it is extremely important to remember the following 3 rules of technical analysis:

Consider all information

You need to pay attention to dynamics, trading volumes, and volatility.

Market movement is subject to trends

If the demand is less than the supply, a downtrend (bearish) occurs. Demand outstripping supply is an upward (bullish) trend.

History repeats itself

In similar circumstances, market participants behave the same way – it is possible to draw up a model of price changes in a given situation.

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What indicators should pay attention to first of all?

Volume

This indicator allows traders to track the number of transactions per unit of time, the height of the bars on the chart is proportional to the volume. On the chart, elements are marked in green and red: red indicates a decrease in trading volume, green – an increase. By analyzing the trading volume, you can predict the market reversal or the strength of the trend.

RSI

This oscillator is called the relative strength index and determines the strength of the current trend. Most effective in lateral movement conditions. The indicator algorithm is aimed at analyzing price changes in order to assess the availability of assets on exchanges and predict market movements.

CCI

The purpose of this oscillator is to assess whether an asset is overbought or oversold (like the RSI). If an asset is in one of the zones for a long time, there is a high probability of a trend change, because traders in any case will begin to close deals and get rid of assets.

Moving averages

The indicator analyzes the average prices of cryptocurrencies for a selected period of time and is superimposed on top of the current trend chart.

MACD

The indicator works with already known moving averages, analyzing convergence and divergence of lines. It helps predict the beginning of a new trend. MACD uses data from 3 moving averages in its calculations.

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Technical Analysis on Crypto market

There are three main schools for analyzing cryptocurrencies or any other asset.

These are fundamental analysis, technical analysis and sentiment analysis.

Technical analysis is the main method in crypto trading.
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Technical analysis (or TA for short) is the art of predicting price movement through the study of charts that show how an asset has traded in the past.

You need to find and compare patterns that have been encountered earlier.

It is assumed that past models are highly likely to work in the future.
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The number of methods used by technical analysis is very large.

But they are broken down into several fairly specific classes:

• Levels and lines of resistance and support
• Technical Indicators
• Figures (patterns) on large areas of the chart
• “Candlestick analysis” – patterns on Japanese candlesticks or bars in short areas
• Trade statistics – volumes, order books, etc.

TA was originally developed for markets where trading has a long history and a large amount of data.

TA outperforms analysis based on business fundamentals, according to an extensive 2015 study by three Israeli researchers.
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Many traders say that TA is even more important in cryptocurrencies, as no one can yet confidently determine the fundamental value of Bitcoin, which was launched just 11 years ago.

Is it a hedge against inflation, a digital form of gold? The future of money? It can be all of the above.
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Technical analysis is a key part of an asset management strategy, and it works well when combined with news analysis to identify likely move patterns and up / down limits.

Since cryptocurrencies are highly volatile and speculative, technical analysis provides key indicators of price movement, especially support and resistance.
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With the help of technical analysis, it is good to predict where the price will move next.

Take advantage of the BITLEVEX platform to build your crypto capital.
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BITLEVEX is a secure and reliable trading platform that gives you the opportunity to earn big.

You can make up to 500% profit within 24 hours! And there are no deposit and withdrawal fees!

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BITLEVEX’s Referral programs and their types

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Almost every cryptocurrency platform has a referral (affiliate) program.

It is a type of cooperation between a company and partners, where the partner sells the services or goods of the company, and that, in turn, pays remuneration.
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The mechanics are simple: a member of the referral program (referrer) receives an affiliate link or a unique promotional code, motivates other people (referrals) to follow the link, and, after a successful conversion, receives income.
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To put it simply, this is when, on your recommendation, a person does some action, for example, buys something, registers somewhere.

And you, in turn, receive a commission for bringing this person.

The commission can be in the form of a percentage or some kind of rate.
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Most often, the referral program is distributed using coupons (promotional codes), and/or referral links.

The referral link contains information about the account of the affiliate who will receive a reward for attracting a newbie (referral).
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Referral programs can be single-level and multi-level.

Where there is only one level, the affiliate receives a reward from the purchase of goods (or registration) made by the referrals/buyers you attracted.
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A referral program is a huge opportunity for additional income for all its participants (affiliates), especially if it has more than one level.
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BITLEVEX offers you a chance to grow with us.
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To take part in BITLEVEX referral program:

1. Register on BITLEVEX exchange;
2. Get your link in the Profile section on BITLEVEX Official Website;
3. Share your personal referral link;
4. Earn 10% from every deposit that your referrals make

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