In the binary option users bet on what the cryptocurrency price trend will be after one hour. CryptoBetting consists of choosing which of 10 cryptocurrencies will have the greatest price increase in 24 hours.
After the recent fall in cryptocurrency prices in the market, some users have sought ways to recover what they lost. Although it is risky, the paragraphs below describe one of the most viable and simple ways to generate new income, without awaiting the next price increase.
Financial or binary options have been an innovative way of understanding investment and making it accessible to a greater number of people. Its simplicity and short expiration period make it one of the most recommended financial derivatives to start investing, although it requires knowing the market well.
Bitexa
Bitexa is a new generation cryptocurrency platform that combines three unique products, namely Crypto-Binary Options, CryptoBetting and the rent of the company’s Trading Robots. These instruments allow absolutely everyone the opportunity to generate active earnings in cryptocurrencies.
The company’s mission is to develop high-quality specialized IT products, which allow keeping and working with cryptocurrencies safely and giving customers the opportunity to generate regular income in cryptocurrencies.
Crypto-Binary Options
The crypto-binary bet option offered by Bitexa is aimed at experienced users and those who are starting in the cryptocurrency world. With this method a bet must be made indicating the tendency of the price of the chosen cryptocurrency in a time period determined by the platform.
Bitexa offers such a simple system that it is not necessary to establish how many points the cryptocurrency price will rise or fall, just the trend. After the established time period has elapsed, the platform will verify in which direction the bet has been made and, if correct, the money won is deposited to the user, payment from all users who have failed to make the prediction.
CryptoBetting
Another method offered by Bitexa to generate income is that of CryptoBetting. To make this type of bet with a greater probability of success, it is necessary to have some knowledge of the cryptocurrency market.
With this method, users will be given 10 cryptocurrency options among which they should choose the one that could have the highest price increase in the next 24 hours, a time period established for this type of bet. As is the case in the crypto-binary bet, those users who have succeeded will receive the money of all the users who have lost.
Bitexa makes payments to the winning users once every 24 hours. Additionally, the platform has an intelligent particularity for this type of bets. In a scenario where all cryptocurrencies record a price drop, those who bet on the cryptocurrency that has lost the least value will win.
Renting Trading Robots
Bitexa considers that the fact that not all users are willing to risk losing money is very important. For that reason, the platform offers one of the most comfortable services in the market to generate passive income: trading robots.
The robot offered by the platform is designed to analyze the cryptocurrencies that will give the user greater performance and then trade the cryptocurrencies to achieve its objective. Besides being highly accurate, the robot is connected to some of the most popular exchanges in the market, such as Binance and HitBTC, which allows it to analyze in real time the operations conducted and, thus, trade at the most appropriate time.
Acquiring the robot, which costs 0.003 BTC, will initially allow users to generate yields between 0.5% and 1.5%. As described by the robot’s creative team, it will be active until 200% of users’ initial investment is available for withdrawal, that is, 100% net profit.
The possibilities offered by Bitexa services are exciting and are consistent with many users’ needs or financial capabilities in the growing cryptocurrency market. If there is excitement about the idea of betting using knowledge of the cryptocurrency market, or desire to rent a robot, it is recommended to assess the possibility of opting for these innovative services.
By Willmen Blanco
