Bitcoin Goes Live On Nadex Binary Options

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December 1, 2014. Bitcoin went live today on Nadex. Using TeraExchange as the Source Agency, Nadex began issuing its first daily and weekly Bitcoin Binary Contracts. The value of these contracts will be based on the underlying bitcoin digital currency as indicated by the Tera Bitcoin Price Index, which is calculated by the TeraExchange. TeraExchange is for institutional traders whereas Nadex is primarily for retail traders. TeraExchange brought Bitcoin to Wall Street and today, Nadex brought Bitcoin to Main Street. Retail traders can now enjoy the ability to trade Bitcoin using Binary Options.

Nadex offers a 3:00 PM ET expiration daily Bitcoin Binary Contract which has 21 strike levels listed. The interval width between each strike level is 1.5. They also offer a 3:00 PM ET Friday expiration weekly Bitcoin Binary Contract which lists 15 strike levels. The strike interval width on the weekly contracts is 8. The minimum tick size for the Bitcoin Binary Contract is $0.25. Settlement value is the same as regular binary contracts. Expiration value is the price or value of the Bitcoin just prior to the close of trading of the Bitcoin Binary Contract as reported by the Tera Bitcoin Price Index, calculated by TeraExchange.

Everyone has heard about how wildly volatile Bitcoin can be. When you trade Bitcoin on the Nadex Exchange, you trade with limited, defined risk whether the market is neutral, flat or volatile.

Trading a new instrument offers new challenges and excitement. If you would like to learn how to trade Bitcoin Binaries, go to www.apexinvesting.com, a service provided by Darrell Martin. Apex Investing Institute offers free education, and free access to the Nadex Binary and Spread Scanner Analyzers. Member traders are invited to trade in the chat rooms, take advantage of trade signal services, have key indicators and access the Apex Forum. The forum content is updated daily and includes over 9000 members. In a supportive learning community of seasoned as well as up and coming traders, traders of all levels learn how to trade Nadex binaries and spreads in depth, as well as futures, forex, stock and options, and gain an edge for successful trading overall.

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