Easy buysell cryptocurrency on IQ Option

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Buy Cryptocurrency With a Credit or Debit Card Using IQ Option Website

Buy Cryptocurrency With a Credit or Debit Card Using IQ Option Website. We’re Eager to let you Realize that most clients are now able to buy and sell crypto currencies directly from the IQ Option internet site from the Wallet section!

The “Buy” Button enables users to buy crypto without needing to enroll on the platform — that they just should adhere to the fast-forward directions to finish the buy.

A Crypto Currency is really a Digital money controlled and designed by a distinctive encryption technology. It functions as an electronic digital storage of significance and also a medium of exchange. Crypto currencies are receiving very popular with daily. The requirement for these is ever-increasing and therefore could be your purchase.

HOW TO Begin

– Input the quantity of all Bitcoins (or Another Crypto Currency) You Wish to buy or fiat cash you need to spend (minimal $10)

– Click “Buy” and then finish the registration procedure in just 2 clicks

– Enter your card information and also have Bitcoin (or some other Crypto Currency) imputed to mechanically generated pocket immediately

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Buy Cryptocurrency With a Credit or Debit Card Using IQ Option Website

Purchasing Crypto currencies is totally valid. IQOPTION Europe Ltd is just a regulated investment business and also is eligible to provide professional services in Crypto trading in accord with the CySEC permit of the business. IQOPTION uses strict controls to protect customers’ capital, which can be retained in bank account separated by the provider’s own funding. But crypto currencies are exceptionally explosive and you should familiarize yourself with all our hazard disclosure.

All Of Crypto Currencies bought from IQ Option are protected by The compensation fund.

The Crypto Currencies that you Purchase is going to be saved on your own Pocket over the IQ Option platform. The Wallet is going to be generated automatically upon enrollment. You may always draw the crypto currency into a outside e wallet of one’s pick.

In order to draw Bitcoins (or some other crypto currency), you must establish a Bitcoin wallet, even when you’ve not done thus. There are an infinite number of options on the internet. Please be aware that any withdrawal is going to be related to a withdrawal fee. Like a security precaution that the business restricts the crypto currency withdrawal add up to the sum of the deposit manufactured from the card working with a 3D Secure password. By way of instance, to draw $500 values of Bitcoin you want to be certain that you have deposited not less than 500$ from the own card through a 3D Safe password. You can also need to upload duplicates of your documents in colour in case you’ve not attached them earlier.

Withdrawal requests

All withdrawal requests Are processed within 1 day. You have to confirm your account. For your own confirmation please upload your own Proof of Identity (National ID card; Passport; Driving license) as well as your Proof of Address (Bank statement or letter regarding your bank account; Utility bill sent on your name; Stamped residence certificate from your municipality). Additionally, you ought to check bankcards you’ve used.

IQOption is just one Of the greatest and valid agents offered from industry beginning with 2020. Its trading platform has been designed after getting glue Back-testing by the Industry pros and is simple to utilize. It provides competitive spreads and leverages. Its multilingual Customer Care and reduced deposit demand create It stand. The agent is controlled and so are safe for investment purposes.

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General Risk
Warning:
The financial products
offered by the company carry a high level of risk and can result in the
loss of all your funds. You should never invest money that you cannot
afford to lose.

Buy Cryptocurrency With a Credit or Debit Card Using IQ Option Website

7 Binary Options

Marcio

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Cryptocurrencies have as of late enjoyed increased popularity amongst business people selling everything from digital art to coffee. However, what separates a cryptocurrency from other types of currencies is that it is encrypted. The encryption locks the process involved in both conducting various transactions and their generation.

Cryptocurrencies have now crossed the $100 billion point which accentuates the fact that it is no longer just bounded to the realm of IT geeks and people selling drugs on the dark web. It is also poised to become the leading alternative form of money for almost everything you can think of buying.

The change brought about by the advent, and growing adoption of cryptocurrencies to the financial markets and us as consumers is still difficult to estimate. Many people still don’t realize that the possibilities are endless for everyone. Not to mention the fact that anyone and anywhere can transfer money in a matter of seconds directly, and securely.

The IQ Option Trading Platform and Cryptocurrencies

Ask anyone who has sent money across the border, and they will tell you that it takes an average of a week to process. So, the ability to send almost any sum of money to any part of the world is an attractive prospect for businesses and individuals.

The other plus point of using cryptocurrencies is that it renders fraud near impossible. The blockchain employed by these currencies is secure and tracks every transaction. Obviously, less fraud means more trust and safer business practices.

Cryptocurrencies have managed to change the world in a way that has not been possible for many centuries, i.e., it was able to do away with the need for banks. You no longer need to go through a bank to transfer money and pay a commission in the process. Also, banks charge for mediation if things go wrong. With the use of cryptocurrencies, this will no longer be a problem that people need to concern themselves with when doing business.

Top Cryptocurrencies Choices

Bitcoin

Originally launched back in 2009, it was the first cryptocurrency to be publicly traded. The fact that it was accepted into the market marked a new era in the development of a fresh international financial system. Today, Bitcoin comprises 45% of the entire cryptocurrency market and also happens to be the most expensive currency to buy.

There is a limit to the number of bitcoins that can be produced. It is limited to just 21 million, and with rising demand, the price increases with it. It is also the most trusted cryptocurrency. Satoshi Nakamoto is considered the creator of Bitcoin though nobody has ever seen or heard him.

Dash was previously called XCoin and Darkcoin, launched in 2020, it offers the same capabilities as Bitcoin but with the added advantage of instantons transactions or InstantSend as it is called. It also has a feature called PrivateSend and one called decentralized governance or DGBB. Dash users can send money in a second while remaining anonymous thanks to the implementation of a technology similar to Tor.

Dash benefits from a two-tier system. Miners are the people who are the first to write on the blockchain putting them in the first tier. The use of so-called Masternodes allows for the use of advanced features like add-ons which form the second tier.

Ethereum

Ethereum is ranked as the second most popular type of cryptocurrency, right behind Bitcoin. That’s an achievement in itself considering the status of Bitcoin as the pioneer of cryptocurrencies. It is currently worth more than 50% of bitcoins in value.

One of the leading features of Ethereum is the use of smart contracts. The use of smart contracts adds yet another layer of security which in addition to reduced transactional costs makes it attractive to businesses.

Smart contracts are stored within Ethereum’s blockchain. They work as a sort of exchange mechanism which will carry out a direct transaction of the value between two agents of unknown origin. Smart contracts is one of the reasons why Ethereum is so successful.

However, Ethereum is known for being volatile with spikes in value, In June 2020, the currency experienced a brief crash from $319 to just .10 cents, which then rebounded the next day.

It is a relatively brand new cryptocurrency which is being touted as a new generation of the conventional blockchain. The new currency has been optimized for use in the Internet of Things. So, unlike using a heavy and increasingly large blockchain, IOTA was developed with making it as small and light as possible.

IOTA replaces the blockchain with tangles. Tangles is mainly based on the use of Direct Acyclic Graph or DAG as it is called. The DAG does not distinguish between validators and regular users which approve transactions. So, to affirm a commitment to a transaction the user has to confirm two other different transactions. That is the foundation of the decentralized system.

Litecoin

Litecoin is an alternative cryptocurrency which was created after the success of Bitcoin. The Litecoin can be considered as an enhanced Bitcoin. The significant difference between the two cryptocurrencies is with Litecoin you can assure a faster transaction. The cryptocurrency is not controlled by any central authority, it also has no cost of transaction associated with it and its transaction time is 4x the speed of regular Bitcoin.

Ripple

Ripple is a business that provides a global market solution. They launched their own cryptocurrency which was seen as the next logical step. Its creators say that Ripple is the fastest cryptocurrency in the world and can be used for scalable digital assets.

It also boasts of immediate transactions. So, a user can process up to 1000 deals in just a second that is much faster than Ethereum and has excellent stability. It is also ranked as the third most popular cryptocurrency.

General information

The legality of cryptocurrencies:

  • Bitcoin is permitted for use in all countries in the world except for Bangladesh, Kyrgyzstan, Ecuador and Bolivia.

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IQ Option Platform Review

IQ Option is one of the fastest-growing CFD trading platforms that offers trading in a variety of financial assets like stocks, cryptocurrencies, commodities, forex, options, ETFs, and indices. The CFD trading platform is owned and operated by IQ Option Ltd., which is registered at St.Vincent and the Grenadines. Since its launch in 2020, it has grown massively to acquire a customer base of over 25 million members worldwide.

Your capital is at risk

The trading platform (IQ Option Europe Ltd) is regulated and authorised by CySEC (Cyprus Securities and Exchange Commission) to operate in EU. For other jurisdictions, it is authorized by applicable laws to provide services via the Internet. Moreover, IQ Option strictly follows the standard AML (Anti Money Laundering) and KYC (Know Your Customer) policies in all the jurisdictions where they operate.

The web trading platform of IQ Option is both intuitive and accessible, to provide a seamless user experience. It provides a detailed graph/chart for users to analyze the price movements of various assets. It supports 10+ languages including Spanish, French, Italian, German and Portuguese. Moreover, IQ Option offers free practice accounts to users, allowing them to test their trading skills without the risk of losing money. In addition to the web trading platform, IQ Option is also available as a standalone desktop or mobile app.

The following review analyses several aspects of IQ Option, whilst providing you with an all-rounded detailed overview of the trading platform and its services. Although Cryptimi does its best to provide you with accurate information, whilst aiming to update it on a regular basis, we strongly recommend that you visit their site for any important updates which might occur after this review is published.

Is IQ Option Safe?

All the transactions made by users on IQ Option are protected with SSL encryption to provide better security. Nevertheless, the CFD trading platform has clearly stated in its privacy policy about the usage and sharing of users’ personal data. Even though it doesn’t misuse the personal information provided by users, it does share them with its affiliates, service providers or other third parties, if needed. Like most of the trading platforms, IQ Option also stores customers’ funds in segregated bank accounts for maximum protection.

IQ Option CFD Trading Platform

IQ Option allows users to trade CFDs of the most popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple. Apart from cryptos, IQ Option also offers CFD trading in stocks, forex, options, commodities, indices, and ETFs To get the full list of financial assets available on IQ Option, check out their website. The trading platform offers a practice account with a balance of $10,000 to help users learn trading skills without the risk of losing their money.

Your capital is at risk

User Friendliness

The trading platform of IQ Option is simple and easy to navigate. With its elaborate graphs/charts, users can easily understand the price changes of assets from a duration of 30 minutes to 30 days. If required, you can opt to receive notifications for the following:

  • Price alerts
  • Successful withdrawal
  • Pending orders
  • CFD positions which are about to close
  • Rise/fall notifications of your open positions
  • Market news

IQ Option also offers a mobile app (Android / iOS) to help users when trading on the go.

IQ Option CFD Trading Account

The sign-up process on IQ Option is straightforward, since you need to provide only your email address to create an account. In the case of a forgotten password, IQ Option allows users to reset it. Apart from trading fees, there are additional fees which are clearly listed on the IQ Option website.

How to Sign Up on IQ Option

Follow the below steps to create your account on IQ Option:

  1. Navigate to their site and click ‘Sign Up’ tab.
  2. Enter your first name, last name, username, email and password. (Alternatively, you can sign up using your existing Facebook/Google account)
  3. After agreeing to their terms, click on ‘OPEN AN ACCOUNT FOR FREE’.

Congratulations! You have successfully created your account on IQ Option. You will now be redirected to your account dashboard. Within a few minutes, you will receive a confirmation email from IQ Option. Click the link on that email to activate your account.

How to Log in on IQ Option

To log in to your account, follow the below steps:

  1. Navigate to their site and click ‘Log In’ tab.
  2. Enter your email address, password and click ‘LOG IN’.

After logging in to your account, you must provide your personal details and verify your phone number to start trading on IQ Option.

Verification Requirements

In order to start trading on IQ Option, you must verify your email address, phone number and provide personal information such as your full name and address. Additionally, you might be required to upload your photo. For depositing funds, you needn’t submit any documents to verify your identity. However, you need to undergo the verification process for withdrawing funds from your account. Therefore, you must upload a copy of your passport or driver’s license.

Apart from this, you should also provide proof of your payment card. For example, if you have used a credit/debit card to deposit funds, then you should upload a copy of both sides of your card. (Please remember that you should hide your CVV number and keep visible the first 6 and the last 4 digits of your card number only). For e-Wallets like Skrill, uploading your ID is sufficient.

How to Buy or Sell Bitcoin CFDs with IQ Option

Before buying/selling CFDs, you should have verified your account and deposited the required funds.

How to Deposit Funds on IQ Option

Follow the below steps to deposit funds on your account. The minimum deposit is 10 EUR/GBP/USD.

Screenshots are shown for illustration purposes only. Actual product may vary.

  1. Log in to your account and click ‘Deposit’
  2. Select your payment method.
  3. Enter the deposit amount and select your currency (EUR/GBP/USD/RUB).
  4. Click ‘Proceed to Payment’.

Follow the on-screen instructions and fill all required fields to complete the payment. Once your transaction is completed, your funds will be credited to your account.

Now, follow the below steps to buy/sell Bitcoin CFDs on IQ Option:

Screenshots are shown for illustration purposes only. Actual product may vary.

  1. Log in to your account and click ‘Trade Now’.
  2. Enter the amount, select ‘multiplier’ or ‘leverage’ from the drop-down box. Then, select the order type as well.

Follow the on-screen instructions to complete your order. Once your transaction is completed, you can check the status of your asset under ‘Total Portfolio’.

Your capital is at risk

Warning: Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.

How to Cash Out on IQ Option

Even though IQ Option supports multiple payment options, your withdrawal method will depend on the deposit method. For example, if you had used an e-wallet (like Skrill) to deposit funds, you will only be able to withdraw to the same e-wallet account. The minimum amount for withdrawal is $2, whereas the maximum limit for withdrawals is set to $1,000,000 per day. Refer to the Platform Fees and Limits section of this post to fully understand withdrawal fees.

Follow the below steps to place your withdrawal request:

  1. Log in to your account and click ‘Withdraw Funds’.
  2. Enter the amount of withdrawal and select your payment method.
  3. Click ‘Withdraw Funds’.

The processing time of your withdrawal request is approximately 1 day for e-Wallets and 3 business days for bank transfers. Once your order has been processed, your funds will be credited to your account depending on the processing time of your bank or card provider.

Supported Cryptocurrencies

At the time of writing, IQ Option supports trading the following cryptocurrency CFDs:

Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Dash (DASH), Bitcoin Cash (BCH), OmiseGo (OMG), Zcash (ZEC), Qtum (QTUM), TRON (TRX), Stellar (XLM), NEO (NEO), Cardano (ADA), NEM (NEM).

To get the latest list of cryptocurrencies supported by IQ Option, kindly check out their website.

Supported Countries

Supported

Except for the countries listed in the below section, IQ Option is available for all countries including UK, Switzerland, United Arab Emerites, Qatar, New Zealand, Netherlands, South Africa, Spain, Sweden, Singapore, Saudi Arabia, Portugal, Oman, Mexico, Malaysia, Italy, Germany, Bahrain, Hong Kong, Austria, Chile, Colombia, Cyprus, Crech Republic, Denmark, Finland, Luxemburg, Poland, Argentina, Bulgaria, El Salvador, Greece, Ireland, Latvia, Malta, Romania, Slovakia, Sweden, Poland.

Your capital is at risk

Excluded

At the time of writing, IQ Option does not accept users from the following countries:

  • Australia
  • Belgium
  • Canada
  • Iran
  • Israel
  • Japan
  • North Korea
  • Palestine
  • Russian Federation
  • Sudan
  • Syria
  • USA

Apart from the above countries, IQ Option doesn’t accept residents of any country of the European Economic area.

Platform Fees & Limits

Every CFD trading platform has its own fee structure and limits.

Trading Fees

IQ Option doesn’t charge any commissions on each trade. An Overnight Funding/Weekend fees for CFD positions (explained below) might be applicable, depending on your trading activity. The trading platform offers a leverage of up to 100x for trading CFDs in cryptocurrencies.

Deposit/Withdrawal

IQ Option doesn’t charge any deposit fee, whereas a fee is applicable for withdrawal of funds through bank transfer. Therefore, you may be required to pay a fee of $31 or an equivalent amount in another currency, depending on the country.

Warning: Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.

Overnight Funding

The overnight funding amount will be added to or subtracted from your account when holding a position after a certain time. The fee varies depending on cryptocurrency chosen. For example, overnight funding percentage for Bitcoin is -0.065% (Buy) and +0.015% (Sell). To find out Overnight fee for other cryptocurrency CFD, check out their fee schedule.

Inactivity Fee

A monthly fee of 10 EUR is applicable if users would not have logged on to IQ Option for a period of 90 consecutive calendar days. The fee will not exceed the total balance in the customer’s Account.

Spread Fee

The calculation of spread can be conducted by subtracting the selling price from the buying price of the instrument. The spread fee varies depending on the cryptocurrency. For example, it is 5.722% for BTC, 6.32% for ETH, 12.571% for XRP. To find spread fee for other cryptocurrency CFDs, check out their website.

Maintenance/Custodial fee

If a position is opened for more than three months from the date of its opening, then a maintenance fee will be deducted from the user’s balance. And, the fee will get incremented by 0.25% for every 3 months as shown below.

Screenshots are shown for illustration purposes only. Actual product may vary.

Limits

For deposits, the minimum and maximum limits are set at $10 and $1,000,000. The minimum and maximum withdrawal amounts are $2 and $1,000,000 respectively. You can only withdraw from your bank card the total amount that would have been deposited to it within the last 90 days. There is no limit on the number of withdrawal requests per day/month.

Supported Payment Methods

IQ Option supports a wide range of fiat payment options with four fiat currencies (EUR, GBP, USD, RUB) which are given below:

  • Credit/Debit cards (VISA/Master/Maestro)
  • Skrill
  • Neteller
  • WebMoney
  • AstroPay Card
  • Qiwi
  • Bitcoin

Warning: Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.

IQ Option Security

Like most trading platforms, IQ Option also provides 2FA protection (via SMS) to protect users’ accounts from unauthorized access. For those who give more importance to privacy, IQ Option also has options to hide their real name, trading activity, and assets from other users.

IQ Option Customer Support

IQ Option has a dedicated phone number to provide 24/7 customer support to its users. And, users can select a specific contact number to speak in their native language. In addition to this, IQ Option provides live chat support to quickly resolve the customers’ queries. For general inquiries, users can refer to articles on the FAQs section and watch How-To videos which are available on the official website of IQ Option.

Alternatively, if you would like to discuss your trading methods or other kinds of queries with like-minded people, you can join relevant chatrooms such as Forex Chat, Crypto Chat, and Stocks Chat.

Top Competitors

IQ Option vs. AvaTrade

Both are regulated platforms that offers CFD trading over top cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash. Both IQ Option and AvaTrade supports a wide range of payment options to deposit funds. Regarding fees, AvaTrade is considered better as it doesn’t charge a fee for withdrawal whereas IQ Option charges a flat withdrawal fee. IQ Option provides 2FA protection whereas AvaTrade don’t provide any additional security features.

IQ Option vs. Investous

At the time of writing, both IQ Option and AvaTrade support only a limited number of cryptocurrency CFDs. Both exchanges deduct a fee for withdrawals. IQ Option offers a fixed spread whereas spread fee on Investous is floating. Investous don’t charge any maintenance fee whereas IQ Option deducts a fee if a position is opened for more than three months. Regarding security, IQ Option is considered better as it provides two-factor authentication whereas Investous don’t offer any extra protection.

IQ Option vs. 24option

Both IQ Option and 24option offer CFD trading over a wide range of financial instruments including top cryptocurrencies like Bitcoin, Ripple, Ethereum and Litecoin. 24option is considered as more secure than IQ Option since it offers Investor Compensation Fund for its clients. Regarding fees, 24option charges a high inactivity fee of up to 80 EUR whereas IQ Option deducts only 10 EUR. The Spread on IQ Option is fixed whereas it is floating on 24option.

Conclusion

With its simple user interface, multiple payment options, low deposit/withdrawal limits, demo account, and 24/7 customer support, IQ Option is a good platform for novice traders to buy cryptocurrency CFDs. However, users should consider the fact that CFDs are complex financial instruments which always carries a high level of risk since leverage can work both to your advantage and disadvantage. Therefore, you cannot eliminate the possibility of losing your funds.

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