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Author Topic: I need some beta testers for binary options testing  (Read 566 times)
bitoption
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June 10, 2011, 04:28:07 AM
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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. Smiley

----** In Beta: The First Bitcoin Options Market ----**

Explanation and discussion: http://forum.bitcoin.org/index.php?topic=9611.0

API Developer Thread:
http://forum.bitcoin.org/index.php?topic=14194.0

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