TraderXP welcomed Bitcoin as one of the tradable assets on its platform, thereby becoming one of the few broker websites to offer Bitcoin contracts for binary options traders.
Established in 2009, this platform gained recognition because of its versatile array of trading commands that enable users to experience the new era of binary trading. It features an intuitive set of trading products and financial services, as well as forwards an overall reliable trading experience.
From its asset index composed of stocks, indices, currency pairs, and commodities, TraderXP offers Bitcoin contracts. Traders are investing in the performance of Bitcoin against the US dollar. To make this system work more efficiently, the broker uses the data provided by Bitstamp.
A fixed payout of up to 72% is for grabs for every in-the-money trade, and this puts the Bitcoin asset as one of the more profitable assets on the platform.
Software Features And Graphics
With user-friendly and reliable trading platform, you can keep calm and have an ultimate experience while trading Bitcoin and other assets. Unlike most binary brokers, the trading platform offers various viewing options that incorporates high-standard trading charts, tools, and state-of-the-art options. Given this, you can easily trade in their domain even if you are a novice since all are offered in the most comprehensible manner like no other.
But what makes TraderXP a great option for binary trading is its platform per se. There are four trading products on board: Binary Options, Option Builder, One Touch, and 60 Seconds trading All these are open for all registered traders, but it appears as if Bitcoin is only available for Binary Options.
There is no need to download software applications to begin trading.
Registering for an account may be a letdown for Bitcoin traders. After all, TraderXP does not operate using the Bitcoin technology. Sensitive information like financial and personal details is required, but your security is assured.
Withdrawals And Deposit
Cryptocurrencies are not accepted here but the traditional payment systems like credit card payments, bank transfers, and money transfer conduits are. Keep in mind, though, that once you choose your favored currency upon registration, this cannot be undone. Therefore, carefully select your currency before accomplishing the registration form.
Bonuses And Promotions
One great thing about this broker is its generosity toward its members. One proof of this is that this binary options platform gives out a $50 bonus every time a player has successfully made a referral. This means that you get an additional $50 on your account wallet if your referred user created an account and placed a first deposit. To top it all off, the $50 bonus keeps on coming. The more number of successful referrals you make, the greater bonus amount you will receive.
In case of emergencies, TraderXP can be reached through email, phone, and live chat. Be reminded, though, that their customer support department is only available between 8 a.m. to 5 p.m. GMT.
Pros and Cons
Explore this Bitcoin gambling site’s best features that make it stand out on the market, and take note of the aspects that can still be improved to see how much this site matches your preferences.
- Mobile friendly
- Lucrative referral bonus
- Simple interface
- Complete customer support options
- Limited customer assistance
- Occasional website crashes
- Live chat does not respond immediately
- Does not accept Bitcoin
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