The 15 Best Crypto Options Trading Platforms for 2024
| Position | Company Logo | Information | Bonuses | Min. Dep | Regulation | Open an account |
|---|---|---|---|---|---|---|
 |
|
|
|
Minimum Deposit: $20 |  |
|
 |
|
|
|
Minimum Deposit: $250 | |
|
 |
|
|
|
Minimum Deposit: $250 | |
|
|
4
|
|
|
|
Minimum Deposit: $250 | |
|
|
5
|
|
|
|
Minimum Deposit: $100 | |
|
|
6
|
|
|
No deposit bonus | Minimum Deposit: $5 |  |
|
|
7
|
 |
|
No deposit bonus | Minimum Deposit: $10 | |
|
|
8
|
|
|
|
Minimum Deposit: $250 | |
|
|
9
|
|
|
No deposit bonus | Minimum Deposit: $250 | |
|
|
10
|
|
|
No deposit bonus | Minimum Deposit: $100 | |
|
|
11
|
|
|
No deposit bonus | Minimum Deposit: $10 | |
|
|
12
|
|
|
No deposit bonus | Minimum Deposit: $25 | |
|
|
13
|
|
|
No deposit bonus | Minimum Deposit: $100 | |
|
|
14
|
|
|
No deposit bonus | Minimum Deposit: $10 | |
|
|
15
|
|
|
No deposit bonus | Minimum Deposit: $10 | |
|
|
16
|
|
|
No deposit bonus | Minimum Deposit: $2 | |
|
|
17
|
|
|
No deposit bonus | Minimum Deposit: $500 | |
Cryptocurrency trading has taken the world by storm, with traders seeking to capitalize on the volatility of digital assets. One popular way to trade cryptocurrencies is through options trading platforms. These platforms allow traders to speculate on the future price movements of cryptocurrencies without owning the underlying asset. In this article, we’ll explore the top 15 crypto options trading platforms, their features, and whether you can withdraw profits.
What are Crypto Options Trading Platforms?
Crypto options trading platforms are online brokers that offer binary options or other derivative products based on the price movements of cryptocurrencies like Bitcoin, Ethereum, and more. Traders can speculate on whether the price of a cryptocurrency will rise or fall within a specific time frame. These platforms typically offer high payouts for successful trades but also carry significant risk.
Top 15 Crypto Options Trading Platforms
1. IQCent
IQCent offers binary options trading on major cryptocurrencies like Bitcoin, Ethereum, and Litecoin against fiat currencies. Traders can speculate on crypto price movements with high payouts of up to 98% and fast order execution. The minimum trade size is $0.01 with a low $50 minimum deposit. IQCent specializes in exotic crypto pairs which offer massive profit potential to potentially double accounts. The crypto trading platform runs 24/7.
Can I Withdraw Profits?
Yes, traders can withdraw crypto and fiat profits using credit cards or crypto wallet transfers. IQCent’s multilingual customer service is available via phone, chat, or email.
2. VideForex
VideForex provides a cutting-edge crypto binary options platform allowing traders to capitalize on short-term cryptocurrency price swings. Over 40 crypto-fiat pairs like BTC/USD, ETH/USD are available with potential payouts up to 95%. Minimum deposits start at $50 with micro $0.01 trade sizes. Exotic crypto pairs are offered for higher profit chances to potentially double accounts. 24/7 markets enable round-the-clock crypto trading.
Can I Withdraw Profits?
Yes, VideForex permits withdrawals of both crypto and fiat currency profits via credit cards or crypto wallets. Global support teams provide multilingual assistance via chat, email and phone calls.
3. RaceOption
RaceOption’s intuitive platform facilitates binary options trading across cryptocurrencies like Bitcoin, Ethereum and altcoins against fiat currencies. Potential payouts reach up to 95% on successful crypto trades. Over 40 crypto pairs are listed, with a $250 minimum deposit required. The platform is open 24/7 for continuous crypto market access.
Can I Withdraw Profits?
Yes, RaceOption allows withdrawals of cryptocurrency and fiat profits using credit cards or crypto wallet transfers, though specific methods are detailed.
4. BinaryCent
BinaryCent provides an optimized binary options platform for trading major cryptocurrencies against fiat currencies like the US dollar. Payouts up to 95% are offered, along with tight spreads and 24/7 support. Over 40 crypto-fiat pairs, like BTC/USD and ETH/USD are available for trading at just $0.01 per contract with a $250 minimum deposit.
Can I Withdraw Profits?
BinaryCent facilitates withdrawals of both cryptocurrency and fiat currency profits using credit cards or crypto wallets, following standard industry practices.
5. SmartyTrade
SmartyTrade offers a great binary options platform for trading cryptocurrencies against fiat currencies. The user-friendly interface provides high payouts, tight spreads and 24/7 support across over 40 crypto-fiat pairs. A $250 minimum deposit is required to access competitive pricing on crypto markets like BTC/USD and ETH/USD.
Can I Withdraw Profits?
Yes, traders can withdraw their cryptocurrency and fiat profits from SmartyTrade using credit cards or crypto wallet transfers, though specific processes are detailed in their website.
6. Nadex
Nadex offers a regulated platform for crypto binary options alongside forex, stocks, commodities and economic events. Its simple interface and low $1 trading fees appeal to crypto traders. There are no minimum deposits or balances required. Payouts exceed 100% minus fees, while maximum losses are capped at the trade cost plus fees, protecting initial investments.
Can I Withdraw Profits?
Nadex allows withdrawal of both crypto and fiat profits using straightforward processes once traders accrue winnings from successful trades on major cryptocurrencies like Bitcoin and Ethereum.
7. IQOption
IQOption is a popular binary options broker established in 2014. It offers a proprietary trading platform with a user-friendly interface and a wide range of assets, including cryptocurrencies. IQOption provides various trading options, such as digital options, forex, and stocks. The maximum payout for successful trades is 95%.
Can I Withdraw Profits?
Yes, IQOption allows you to withdraw your profits using various payment methods, including credit/debit cards, e-wallets, and bank transfers. However, traders from certain countries, such as the USA and Canada, are not accepted.
8. 365Trading
365Trading provides a CySEC-regulated crypto binary options platform packed with advanced analysis tools. Short and long-term option expiries are offered with up to 85% payouts. Deposit bonuses reach 100%. The $100 minimum deposit grants access to speculate on the prices of Bitcoin, Ethereum and other top cryptocurrencies via binary contracts.
Can I Withdraw Profits?
Yes, 365Trading allows withdrawal of profits in both crypto and fiat currencies, supporting standard banking methods utilized by most regulated brokers.
9. Ayrex
The UK’s Ayrex awaits CySEC regulation but already offers binary options on over 70 assets including major cryptocurrencies. A key feature is its instant withdrawal capability for faster profit access. Minimum $25 crypto deposits are incentivized with bonuses up to 30%.
Can I Withdraw Profits?
Yes, Ayrex allows traders to instantly withdraw their profits, which is a unique selling point for the broker.
10. OptionFair
OptionFair is regulated and listed on the London Stock Exchange. It provides 118 binary option assets, including cryptocurrencies. Minimum $100 deposits grant access to speculate on Bitcoin and Ethereum price movements. Potential 100% returns and shorter-than-average expiries encourage active crypto trading.
Can I Withdraw Profits?
OptionFair allows withdrawal of both crypto and fiat profits via multiple payment methods, following standard compliant procedures for cash-outs.
11. GTOptions
GTOptions offers binary options trading on major cryptocurrencies like Bitcoin and Ethereum through the user-friendly SpotOption platform. Traders benefit from advanced risk management tools to modify or exit positions early. The high/low mode is popular for speculating on future crypto prices. 24/7 support is available. A $250 minimum deposit is required, with up to 100% bonuses for deposits over $1,000 to increase trading capital.
Can I Withdraw Profits?
Yes, GTOptions allows traders to withdraw their profits, although specific withdrawal methods and processes are not clearly stated.
12. OneTwoTrade
OneTwoTrade is a licensed, regulated London broker facilitating crypto binary options on SpotOption. It offers basic free accounts and premium Privilege Plus plans with extras like market analysis, promotions and dedicated account managers. Plus members receive a mobile trading app preloaded on an iPhone/iPad device.
Can I Withdraw Profits?
As a licensed and reputable broker it is expected to allow withdrawal of profits from crypto binary options using standard payment methods accepted in the industry. These include options like bank wire, credit/debit cards, e-wallets and cryptocurrency wallets.
13. 99Binary
99Binary is a global binary options trading company based in Anguilla that serves clients worldwide, including those based in the United States. Its trading platform is optimized for speculating on cryptocurrencies like Bitcoin, Ethereum and other major digital assets. It offers a well-designed online portal with various features and tools. 99Binary provides high payouts of up to 86% for standard and 60-second options, and up to 350% for One Touch options. It also has a unique trading turnover requirement to cash out bonuses.
Can I Withdraw Profits?
Yes, 99Binary allows traders to withdraw any profits accrued from crypto binary options trades, through popular crypto and fiat currency withdrawal options like bank wires, debit/credit cards, e-wallets and digital asset wallets to cater to an international client base.
14. Binary.com
Binary.com is a UK-based broker licensed and regulated to provide a diverse range of trading products, including crypto binary options facilitated through the industry-standard MetaTrader 5 (MT5) platform. This allows Binary.com to deliver a comprehensive solution with transparency by openly declaring its company ownership and market operations. For cryptocurrency traders, Binary.com provides the convenience of flexible trading options beyond simple high/low binary bets. This includes the ability to set specific investment amounts for crypto binary options based on desired payout levels.
Can I Withdraw Profits?
Yes, Binary.com allows the withdrawal of profits from crypto binary options and other trading products using popular payment methods like e-wallets, debit cards and credit cards. As a regulated UK broker, processes are in place to facilitate compliant withdrawals in both crypto and fiat currencies.
15. eToro
Rather than a broker, eToro is a social crypto trading network. Users can browse and copy the trade positions of successful crypto traders on the platform to match their verified strategies. Top-performing traders earn income when others duplicate their trades. eToro’s resources help identify consistent performers across crypto markets like Bitcoin and Ethereum.
Can I Withdraw Profits?
Yes, eToro facilitates the withdrawal of profits earned from crypto trading, whether from manual positions or via the platform’s copying capabilities. However, the accepted withdrawal methods may vary depending on the client’s country of residence due to differing financial regulations around the globe.
Conclusion
Crypto options trading platforms allow traders to speculate on cryptocurrency price movements without owning the underlying assets. The top 15 platforms covered offer various features like high payouts, low fees, and user-friendly interfaces across major cryptocurrencies. However, crypto options trading carries significant risks, so traders should exercise caution.
FAQs
What are crypto options trading platforms?
Crypto options trading platforms are online brokers that offer binary options or other derivative products based on the price movements of cryptocurrencies. Traders can speculate on whether the price of a cryptocurrency will rise or fall within a specific time frame.
Are crypto options trading platforms regulated?
While some crypto options trading platforms are subject to regulatory oversight, others do not. Regulated platforms typically provide additional investor protection and adhere to strict operational standards.
Can I withdraw profits from crypto options trading platforms?
Most reputable crypto options trading platforms allow traders to withdraw their profits using various payment methods, including credit and debit cards, e-wallets, bank transfers, and cryptocurrency wallets. However, withdrawal policies and processes may vary between platforms.
What are the risks associated with crypto options trading?
Crypto options trading carries significant risks, including the potential for substantial losses due to the volatility of the cryptocurrency market. Additionally, some platforms may not be regulated, increasing the risk of fraud or mishandling of funds.
How do I choose a suitable crypto options trading platform?
When choosing a crypto options trading platform, consider factors such as regulation, fee structure, asset selection, trading tools, customer support, and user reviews. It’s also essential to ensure that the platform allows for the withdrawal of profits and has a proven track record of honoring withdrawal requests.