www.Bitcoin-Brokers.orgSPECIAL-Between January 24th-March 24th we are waiving all fees. This means 100% payouts between January 24th and March 24thOur provably fair Binary Options are different than typical Binary Options in many different ways.
Our Binary Option players are playing against each other instead of against us. Each player must choose a stock (or stocks) that they want to "go long" for a single trading day. At the end of the day, the player who chose the stock which was the better performer for the day will win the wager.
This means that a player can win even if their stock goes down in value by the end of the trading day.
For example, lets assume two players have entered into a Binary trade with us.
The following day the winner will win if:
a)their stock went up more on a percentage basis than their competitor's stock.
b)their stock went down less on a percentage basis than their competitor's stock.
In the event of a tie, 100% of player's wagers are returned to the players.
Each player must submit their wager and their choice one day in advance of the Option. Specifically, the wager and choice must be submitted no later than 60 minutes prior to the closing of US markets the day before the Option begins. For example, if the player wishes to wager on a stock which trades on a Tuesday, the wager and selection must be submitted no later than 60 minutes before the close of Monday's markets.
Each player will be advised of their opponent's selection the evening prior to the trading day.
Our payouts are 90%. This means that if 2 players wagered 1 bitcoin each on the Binary Option, the winner would receive 1.9 bitcoin as their winnings. The loser would receive nothing. Bitcoin-Brokers takes a 5% fee for brokering the Binary Option between the players.
There always needs to be a second player to create each Binary Option. Thus if we receive 9 people who each want to wager 1 bitcoin each on the next day's markets we would be able to pair off 8 of those 9 against each other, and the 9th player would sit in pole position for the next day's markets if they wished to play the following day.
The minimum wager amount is 1 bitcoin. There is no maximum wager amount.
Hopefully this explanation has helped you to understand how this product functions, though if you have any further questions about our Binary Options I would be more than happy to delve deeper into answering any questions which exist.
Please always include the following info when ordering through our help desk:
1)Indicate Binary Option as desired product.
2)Indicate desired wager. Minimum wager is 1 bitcoin. Wagers must be in increments of 1 bitcoin.
3)Indicate which stock is your pick. When indicating your stock selection, please also include a link to that stock's Yahoo profile. For example, this is the link to Google's profile
http://finance.yahoo.com/q?s=goog&fr=uh3_finance_web&uhb=uhb2(Please note that stock selection is limited to stocks that trade on US markets such as Nasdaq, NYSE. OTC selections are permitted but the market capitalization must be at least $100 million.)
4)Bitcoin wallet address which you want your bitcoin sent to.
Bitcoin-Brokers has been operating for approximately 2 years now in the bitcoin community. Our dedicated review thread can be found here:
https://bitcointalk.org/index.php?topic=237164.msg9846821#msg9846821If you take the time to read our review thread, you will see that there are over 70,000 views and hundreds of comments on that thread. I am especially proud of the fact that you will not find one single negative remark from any past client on that review thread. One of the main reasons why there are no complaints is because we built our business' functionality entirely on top of a Zendesk help desk system which ensures that customer communication is our number one priority. Clients always feel connected with a member of our staff because support tickets are typically answered within minutes after submission.
Thanks again for your interest in our Binary Options, and I will happily be waiting here, should anybody have any further questions.
