Welcome to my IQ Option Crypto Trading Review. Cryptocurrencies are continuing to prove the doubters wrong. Despite having been predicted to collapse countless times, Bitcoin (with around a 45% market share) has proven that there is a huge demand for instantly transferrable secure currencies. Naturally, this led to the emergence of other digital cryptocurrencies using similar blockchain technologies. Given the astonishing growth (and unpredictability) of these exchanges, it is no surprise that they have become hot property on the binary trading scene.
Naturally, this led to the emergence of other digital cryptocurrencies using similar blockchain technologies. Given the astonishing growth (and unpredictability) of these exchanges, it is no surprise that they have become hot property on the binary trading scene.
IQ Option Cryptocurrencies Review – Is IQ Option Best For Crypto Trading
IQ Option Cryptocurrencies software markets are at the forefront of allowing traders to easily lay their spreads on a variety of choices. Some are already established, other’s are very new – but which will come closest to emulating the runaway success of BTC?
List Of Currencies In IQ Option Cryptocurrencies Website
- Bitcoin Trading With IQ Option
The first, biggest and currently most expensive of all cryptocurrencies is ever more widely used as an alternative to traditional financial exchanges. First launched in 2009 by Satoshi Nakamoto (a likely pseudonym) who has never been formally identified, Bitcoin mining is limited to an eventual 21 million coins with around 16m already harvested. Through coin splitting and increasingly difficult algorithms, the final coin is not expected to be issued until around 2040.
- Ethereum Trading With IQ Option
Worth just over half of BTC, the world’s second largest cryptocurrency continues to grow from strength to strength. It has proven repeatedly to be a durable currency, having survived some huge crashes. Most recently on June 24th, 2017 the value plunged from $319 to 10 cents in a matter of hours but to recover later the same day. Ethereum is popular because it allows an even greater degree of security thanks to using a smart contract (scripting) functionality. This helps prevent fraud between untrusted agents.
- Dash Trading With IQ Option
Dash is considered to be one of the most advanced currencies currently available. It uses an open source model alongside a Tor style of node exchanges. Users can choose to use Instant send (very fast transfer) or PrivateSend (highly secure transfer) depending on the nature of their transaction. Formerly known as Darkcoin and XCoin, it currently handles around $100m in daily transactions and is growing fast.
- IOTA Trading With IQ Option
IOTA claims to go beyond clunky old blockchains by using what in layman’s terms could best be described as a ‘blockless’ tangle. These tangles use very lightweight Directed Acyclic Graph (DAG) technology making it potentially a market leader should cryptocurrencies become a mainstream method of conducting microtransactions. Still prone to plenty of volatility with regular plunges and ascents in value, dropping 61% over 2017 to date.
- Litecoin Crypto Trading With IQ Option
Many IQ Option Crypto Trading App users find Litecoin to be far superior to Bitcoin but simply without the market profile. It is capable of conducting transfers far quicker, answers to no central authority and operates at next to no cost to the end user. Litecoin is also relatively stable and has a very loyal user base. Over the first 6 months of 2017, it recorded an impressive 1148% growth in value.
- Ripple Crypto Trading With IQ Option
Currently the third most widely reviewed & used alternative currency, this is a favourite on the IQ Option Crypto (CFD) Trading markets because it is relatively stable, reliable and has been running since 2012. Over the last six months, it has the highest growth – a staggering 2787% of any cryptocurrency and is backed by a respected financial services company. Transaction speed is essentially unmatchable with the framework being able to process 1000 transactions per second (66 times more than Ethereum).
- Notable Others – Trading With IQ Option
NEM is the pick of the rest and again is – on paper – far superior to the Bitcoin behemoth. For example Bitcoin charges around $5 per transaction – NEM charges 10 cents per $1000. Bitcoin takes about 12 minutes to complete a transaction, NEM tops out at thirty seconds. IQ Option Crypto Trading review software also offers the opportunity to speculate with the lesser known likes of Monero, Zcash, Omisego, and Sentiment.
IQ Option Crypto Trading Broker – Main Advantages!
1) The IQ Option Crypto Trading App Gives You the Easiest Way To Trade
Many investors have already ‘missed the boat’ with the likes of Bitcoin and Ethereum, but as we’ve seen above there’s still huge potential for further growth with these currencies as well as with their newer alternatives. The exact same can also be said for those who feel that a certain currency is going to be facing devaluation – be it in either the short or long term.
Before IQ Option cryptocurrencies review website there were only a few services that offered spreads on cryptos. None came close to offering such a variety, and in such an emergent market it is essential to have access to easily purchasing options on the freshest currencies. Why go through the hassle of making your own wallets and dealing with awkward blockchains when you can simply use IQ Option to handle all this on your behalf? This is quite simply the most straightforward way of speculating with the likes of BTC with pretty much none of the hassle.
2) IQ Option Cryptocurrencies Software Is an Excellent Platform For Traders
We’re impartial with every review and won’t shy away from pointing out flaws with any trading service. There’d be little point in delivering an IQ Option Crypto Trading review without highlighting an issue or two here and there. Most notably this is their rather byzantine profit withdrawal system. It is documented in detail elsewhere but in a nutshell be aware that this is a platform designed for people willing to invest for serious profits. Conveniently, cryptocurrencies are by far and away potentially the fastest way of doing so.
That being said no other service comes close to offering the speed and variety hosted by IQ Option Crypto (CFD) Trading options. There are a huge variety of spreads on offer and no matter what degree of exposure you’re willing to stretch to, there will be a broker available. For example, reckon that IOTA is going to rally after a terrible few months? It is a great currency/design after all – just lacks market exposure. There will be great value spreads available for that possibility – just as there will for it crashing out of existence. No other service comes close to IQ Option for this depth of choice in such a competitive market.
3) The IQ Option Cryptocurrencies Accounts are Fully Integrated Stop Loss & Take Profit System
Forex regulars will be all too aware how essential these are to managing your trades and risk/exposure. Given the unpredictability of the crypto markets, these are essential tools to prevent disastrous losses (see above for the huge Ethereum scare just a few months ago). IQ Option cryptocurrencies reviews exchanges are designed to limit your potential exposure even when dealing on such a haphazard exchange. Whether or not you choose to use them is up to your own strategy, but just try out the live demo account to see how tempestuous the markets can be. Having such fail-safes is an essential component to protecting your funds and a key factor for making a return on any cryptocurrency trading.
Conclusion: IQ Option Cryptocurrencies Is The Best Crypto Broker Software Available Now
Worried about how to use these features? Simply check out the right menu on the trading screen and they’re listed under the “Position Auto Closing” menu. Unless you’re a daredevil trader they’re utterly essential – and another reason why IQ Option cryptocurrencies review markets are the best available right now.