TRIBTC Platform team started the project motivated by the idea of bringing together the emerging space of Bitcoin and cryptocurrencies with the well-known binary options trading system in a new and innovative manner that empowers the traders. What the TRIBTC Platform does differently is that the broker allows users to trade against each other or join trades other users place. Learn How to Place Trades on the TRIBTC Platform!
This way, it combines the peer-to-peer concept with binary options trading for cryptocurrency pairs for the first time. This eliminates the possibility of foul play on traditional binary options sites where trading is done against the broker. Therefore, it is essential to Learn How to Place Trades on the TRIBTC Platform – Crypto Binary Options Trading.
The idea of creating TRIBTC appeared because classic binary options platforms, where traders bet against the broker, are prone to fraud and are banned by regulators in many jurisdictions. Many binary option outlets have been exposed as fraudulent, and here is where TRIBTC differentiates from the troubled classic binary trading systems by offering a peer-to-peer, fair, and transparent trading system.
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Everybody knows the bad reputation the classic binary options trading sector has earned. This happened because greedy brokers manipulated their software to gain desired outcomes, block the withdrawal processes, or drastically reduce payouts with predatory fees. TRIBTC works oppositely, providing a transparent peer-to-peer trading environment, absolute privacy, high-grade security, multiple types of trading and transaction execution options, professional trading experience, and a high-grade matching engine.
How to Place Trades on TRIBTC Platform Crypto Binary Options Platform
There are two options for placing trades:
– Initiating a trade
– Matching other users’ trades
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Initiating trades:
A) Call / Put trades
- Select the Call / Put trading method
- Enter the amount you wish to enter the business with (Trade Amount)
- Select the Trade Time (the time until the industry expires)
- Hit the Call or Put button
B) Touch / No Touch trades
- Select the Touch / No Touch trading method
- Enter the amount you wish to enter the trade with (Trade Amount)
- Select the Trade Time (the time until the trade expires)
- Enter the Target Price
- Hit the Touch or No Touch button
Matching other users’ trades:
- Select the trade you wish to bet against from the Trades Table
- Select the amount you wish to enter the trade with
- Hit the available button*
- To cancel the trade matching panel and return to the standard view, click the “x” located on the top right side of the Trading Panel, or deselect the trade from the Trades Table.
*The platform engine automatically adjusts the Trading Panel for a faster trading experience when matching other users’ trades. In other words, if you want to match a Call trade, you can only hit the Put button and vice versa. For a Touch trade, your only available button will be No Touch, and vice versa.
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