I need some beta testers for Binary options trading on bitoption.org.
It's MOSTLY done, and I'd like to see some trading on it, just a little before I go more broadly.
If you don't know what a binary option is, it's a very simple derivative; you purchase a 'call' or a 'put' at a point in time. If, at the close date, the underlying security is above the price at your point in time, and you bought a call, you get a certain payout. (Roughly 155-160% likely in this case). If not, you get nothing, it expires out of the money.
A put would payout the same if the price was below.
I have a few things I'm worried about doing this including server load, and I'd like to open it up slowly; PM me or respond here if you're interested.
You'll need a funded bitoption account, but those are easy to get, of course.