Trade cryptocurrency on IQ Option

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Trade Top Cryptocurrencies with a Leverage

Bitcoin, Ethereum, Ripple and other crypto assets at your disposal

How to Trade Bitcoin in IQ Option

Cryptocurrencies have lately been on fire. Bitcoin is up a staggering 617% this year alone. Other sector leaders like Ethereum and Ripple have put on strong performances too, up more than 2,900% and 1,000% respectively in 2020. The market capitalization of all cryptocurrencies has just recently topped the $200 billion mark. Unsurprisingly, traders are making money from the strong volatility and powerful trends of cryptocurrencies. CFDs allow to leverage profits on the large movements of cryptocurrencies, both on the long and short side, in full flexibility.

Wide choice of cryptocurrencies on IQ Option trading platform

IQ Option stands as a global leader in cryptocurrency trading. The award-winning IQ Option interface has been repeatedly recognised as a user-friendly, intuitive and sophisticated platform for beginner and advanced traders alike. Moreover, IQ Option offers the widest range of trading indicators and instruments to help you trade, analyse and manage your cryptocurrency investments to get the best results.

How to Buy & Sell cryptocurrencies

You can trade on crypto CFDs to buy or sell crypto currencies through IQ Option platform. When you do this you simply aim to profit from the upwards or downwards movement of the instrument, usually with a long-term point of view. The advantages of this choice is that there is no leverage, so the profits on your account will correspond exactly to the changes in value of the crypto currency or cryptocurrencies you have invested in. Also, you will be able to manage your risks better without the use of leverage.

How to trade Bitcoin and Other Cryptocurrencies

  • Choose what cryptocurrency you want to buy/sell by clicking the “Open new asset” button (the “+” at the top of the screen) in your trade room.
  • Choose the the dollar value of cryptocurrency you want to buy/sell from the “Amount” window on the right of the screen.
  • Click the Buy (green button) or Sell (red button) on the right of the screen to enter your position:

You can then monitor it in real-time, entering take profit/stop loss orders depending on your trading strategy and preferences. IQ Option currently offers a very wide range of crypto currencies you can buy, including Bitcoin, Bitcoin Cash, Ethereum, Dash, Ripple and 8 others. We plan to add many more in the near future to diversify your portfolio and offer more opportunities in this sector.

Deposit money to your IQ Option account:

  • Click the “Deposit” button at the top-right corner of the screen;
  • Choose the desired payment method:
  • Note that you can replenish your account using not only fiat currencies but also Bitcoins.
  • Do not forget to check the 3D-Secure box in case you want to withdraw cryptocurrencies later on.

In order to withdraw money from your IQ Option account simply do the following:

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  • Click on the top right dropdown menu and choose “Withdraw Funds”:
  • You will then reach a page where you can select how to withdraw your funds, including credit card, debit card and wire transfer to your account.

Conclusion

For any questions on trading Bitcoin, cryptocurrencies, withdrawals please contact the IQ Option team at [email protected] You can also reach us by phone 24/7. We look forward to helping you get the most out of IQ Option!

NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.

GENERAL RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
87% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

How to trade cryptocurrencies with IQ Option

A couple of years ago, not many people knew about the existence of cryptocurrencies. Its rise has been sudden and taken the financial world by storm. Now Cryptocurrency trading occupies a market capitalization worth millions and millions of dollars.

With Bitcoin as the major crypto leader, the rise from 2009, to date keeps rising amid speculations that it will fall. Many people today are trading, mining and transferring crypto with much more ease than they did a couple of years ago.

There are different types of cryptocurrencies in the market today. One most common factor with the majority of them though is that their networks are built from a technology of blockchain.

This technology protects the currencies from being retroactively altered without the network consensus. Another thing majority of them have in common is that anyone can use them globally for payments, mining, speculations, purchases and other kinds of trading transactions.

All crypto are digital and to purchase them, you can use direct flat currencies. While they are versatile and have done a great deal to help people forge their trading aspects forward, not all can trade with IQ options.

Crypto trading with IQ options

An IQ option is a platform that offers the widest t range of cryptocurrencies as compared to other platforms like CEX and Coinbox. Some of the biggest names in the crypto world like Bitcoin, Litecoin, Ethereum, Dash, Ripple, and many others are some of those offered on IQ options.

The number of cryptocurrencies on the IQ options differs occasionally but as time goes by, the platform also sees the addition of more crypto. Besides being the widest platform for cryptocurrencies, IQ options also offer other trading for futures, which gives them a wider trading margin.

Countries in the East like Lebanon, Saudi Arabia, and the United Arab Emirates use IQ options as the top-rated crypto exchange.

Being a regulated broker, IQ Option makes it easy even for even the newest traders to make fast trading decisions. Using the platform enables traders to buy and deposit their choice of crypto using a MasterCard or visa without any form of verification for trades or transactions not exceeding $20,000.

For new investors looking for an effective way to invest small amounts of money, the platform offers secure wallets that allow them to store their cryptocurrencies or choose to withdraw the sane to their own wallets.

However if you are trading one crypto like bitcoin, you can only trade in that currency. You cannot withdraw or deposit any other Cryptocurrency.

If you choose to trade larger amounts that the amount indicated, then you would need to buy a larger hardware wallet. Some of the hardware wallets that would best suit you are Trezor or Ledger Nano S.

IQ Option details

For people trading for the first time with IQ options, you get to use a Demo account to take you through the trading procedures. The demo account uses a login and has no time limit requirement.

You can also reset your balance as often as required when using the demo account.

To start trading, the required minimum deposit is $10 and you can make a minimum trade of $1. The platform provides signal services and you can use your smartphone to trade on the platform via a mobile trading app.

The IQ platform interface makes trading even more enjoyable than many other platforms do because you can easily follow the charts easily. You can also do all your trading directly from the charts. The platforms displays no fewer than 9 charts all displayed at the same time showing different periods.

The platform also shows the actual opening and closing positions of all the trades and offers you an overview of your trading history and open positions. The interface also has a blog and a chat section where you can choose a broker to trade on your behalf if you want to.

The different charts to choose from are candle charts, bar charts, area charts and line charts, all the charts use patterns that give you a good guideline of the trading positions.

The platform also provides other graphical tools like Trend Lines, Fibonacci Lines, Trend Lines, Simple Lines and Horizontal Lines to help you along as you trade.

You also get 12 technical indicators that are optional to install. Some of the indicators are the Parabolic SAR, MACD, the MA, and the Stochastic Oscillator.

IQ Option support

If you want to reach to the platform support, you can do so through a number of toll-free regional numbers offered. Traders can also email the CAO and CEO directly for any inquiries.

The IQ option headquarters is at Cyprus. Some of the countries where telephone support is available are Australia, India, Brazil, Germany, Spain and Thailand.

Pros of Trading Cryptocurrencies with IQ Options

Below are some of the pros of using the IQ option platform for trading cryptocurrencies.

  • The platform is very easy to use even for first-time traders
  • You can make deposits of up to $20,000 without the need for any verification
  • Gives you the option of using a MasterCard or visa
  • You can choose to trade high deposits
  • Comes with a demo account
  • You can trade it on your smartphone via the mobile trading app
  • Can buy a wide range of cryptocurrencies
  • Regulated broker
  • It is user-friendly
  • Great customer support
  • Extensive asset coverage
  • Strict to certain jurisdictions
  • Other Payment methods

Besides Visa and MasterCard, other payment methods you can use to trade on the platform are Neteller, Skrill, and through bank wire.

Wrapping it up

For new time Cryptocurrency traders, the IQ Option is one of the best platforms to start your trading journey. With its easy use and user-friendly interface, you can be sure to follow your trading perfectly and make money while at it. The platform is fully regulated and no doubt one of the safest places to start investing your assets into.

The customer support is great in case you have any questions to ask and for anyone out to trade several instruments on a range of crypto pairs, you have the best platform with IQ Options. If you need a broker, you can also check out the blog and chat section to help you with the trading. Final word is, it is a great platform and you should go for it.

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