This veteran broker (active since 2010) has always been one of most innovative brokers out there. They have proven this again by offering cryptocurrency CFDs. 24option is doing its best to remain at the top of an industry that is constantly changing at a fast pace. Cryptocurrency CFDs are really exciting new underlying asset to already extensive list of assets offered for trade in 24option trading platform.
24option Cryptocurrency CFDs | Introduction
Trading cryptocurrencies is much like trading “normal” currencies, but there are some significant differences. Cryptocurrencies are decentralized and thus very often there are changing prices at very fast pace. So we are talking about very volatile market. But trading cryptocurrencies offers great chance to make money. That is mostly due to their growing popularity. It can be expected that people will keep investing more and more money into cryptocurrencies so traders who start trading this early can actually benefit a lot from trading cryptocurrency CFDs.
24option offers most popular cryptocurrencies as underlying assets for their CFDs: Bitcoin, Dashcoin, Ethereum and Ripple! What is even more important, 24option has lowered minimum deposit to just €100. This is really great news sine now traders can start trading easier than ever. Now you don’t need to risk a lot of money to just start trading.
24option Cryptocurrency CFDs | Deposits and Withdrawals
As with every broker you first need to register at 24Option web site. After registration you will need to make a deposit before you can start trading for real money. The deposit interface is quite simple and easy to use. It will drive you through the deposit process in no time. There are few available deposit methods, you can deposit via credit card such as MasterCard or Visa, also deposit can be made through bank transfer and some forms of digital payment such as Neteller, moneta, Neosurf, QIWI, Skrill and many more.
Withdrawal process is as usual a bit more complicated. 24Option applies anti-money laundering procedures. This means that before you withdraw your profits you will be asked to verify your payment method. For example you will be asked to provide passport or driver’s license, utility bill or credit card statement that proves you are resident of a country accepted by 24option, also if you made deposit via credit card you will have to send picture of both sides of your credit card, displaying the last four digits of your credit card only.
After your account is verified you need to fill in the required information, including amount you wish to withdraw. If you do this after business hours 24option will start processing your request the next business day. If you do this during business hours (Monday-Thursday 9-16 h and 9-13:30 h on Fridays) they will start processing your request immediately. How long does it take to receive money? That depends on your bank’s business days and AML procedures.
24option Cryptocurrency CFDs | More Information About 24option
If you are looking for more information about 24option you can read 24option broker review or some other articles about 24option that are available on Options Reviews:
If you are ready to start trading you can sign up at 24option trading site just by clicking the button below the text. Enjoy trading!