Invest Bitcoin with IQ Option

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AROUND THE CLOCK
ZERO FEE
Deposit process protected using a 256-bit dynamic code
Online trading on our platform is available 24/7 with prompt support
There is no commissions for making deposits in Bitcoin
Online trading platform accepting Bitcoin as a deposit method

Is it legal in South Africa?

According to CPattern, the average monthly deposit of a South African trader was $ 742 in 2019. That is significantly more than in other African countries.

Conforming to local laws, cryptocurrencies, including Bitcoin, are a completely legal asset that can be used to buy goods, pay for services, and most importantly, for trading. Coins are accepted by a state bank and can be used for private transactions. Therefore, you can see how to invest Bitcoin without breaking the law.

Also, IQ Option is an officially registered company with the right to work in the international arena. The site was registered in 2013 on the island of Saint Vincent and the Grenadines has all the necessary licenses. It operates under the requirements of the international regulator.

If you want to collaborate with a reliable platform and legally earn good money, then the answer to the question: "Where can I invest my Bitcoin?" becomes apparent. Which is IQ Option.
Bitcoin deposit main highlights
Each registered user of IQ Option gets an opportunity to invest Bitcoin in the selected asset. The registration procedure is available to all South African traders who have reached the age of majority.
ONE
Log in to your account and click the "Deposit" button
TWO
On the deposit page, select "Bitcoin" as your payment method. Enter the deposit amount in your account currency and click "Proceed to Payment".

Note: The system will ask you to provide the address of your withdrawal wallet, where the deposited amount will be sent back in case of the deposit failure.
bitcoin deposit
THREE
The system will generate an address (invoice) for you. Open your digital wallet, copy the address and send the exact amount of BTC as stated in the invoice to the generated address.

Confirm the procedure and wait 30 minutes to complete the first step of the transaction.

Note: The whole procedure of replenishing a deposit can take up to 24 hours.
NO SWAPS OR COMMISSIONS
When you open a deal
$ 20 000 000 +
1 000 000 +
MOMEY WITHDRAWN:
2013
FOUNDED IN:
TRADE DEALS:
PER DAY
PER MONTH
CUSTOMER SUPPORT:
24/7

IQ Option in Numbers

To become a successful trader demands professionalism and experience. You need to understand that such an investment instrument is connected with high risks.

A practice (demo) account is a good idea to help you learn the mechanisms and to test strategies without losing funds.
SUPPORTED BROWSERS:
Binary Options. How to start?
Video tutorial

Money deposit and withdrawal methods

Our platform allows the use of bank cards (1-3 days), e-wallets (1-3 days) and wire transfers (7-10 days) for depositing and withdrawing funds.
100% SSL Secure certificate

Start trading

Create an account and enter the trade room from your browser

$10,000
virtual & reloadable
for practice
The financial services provided by this website 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.
Basic information about Bitcoin
What is Bitcoin and how does it work?
Bitcoin is a digital form of money, but unlike ordinary fiat currencies, it is not under the control of the central bank. The basis for managing the financial system of Bitcoin is thousands of computers distributed around the world. Any user can participate in the work of this system after installing open-source software.

Bitcoin was the first cryptocurrency to be announced in 2008 (and launched in 2009). It was developed by a group of Japanese programmers. It provides users with the ability to send and receive digital money (bitcoins or BTC). The main quality that makes this currency so attractive is that it cannot be censored, and transactions can be made at any time and from anywhere. Thanks to these qualities, the first cryptocurrency became very popular in the world, which positively affected its value. The price of one coin increased from a few cents in 2009 to $ 20,000 in 2012. Today, the value of the asset is 6−6.5 thousand dollars.
What are the benefits of Bitcoin?
Each way to make money has strengths and weaknesses. The first cryptocurrency Bitcoin has the following advantages:

  • Anonymity. No one can track, block or freeze a transaction without a unique key.
  • The high degree of protection. A special hash function SHA-256 reliably protects every coin, minimizing the risk of hacking.
  • Transaction rate. Standard banks check a lot of parameters (credit histories of owners, personal data, etc.) before placing a deal. A cryptocurrency transaction from one device in South Africa to another (in Australia, for example) takes just a few minutes.
  • Minimum commission. Bitcoin is a digital currency located only in the virtual world. Therefore, the user does not pay a large commission for using the banking system and other services. Only the minimum percentage is deducted for capacity maintenance.
  • Independence. Bitcoins are on various devices in different countries and continents. There is no main regulator that can affect the system.
What determines the price of one Bitcoin coin?
The cryptocurrency rate changes dozens of times a day. A successful trader can make a lot of money by making the right forecast and buying Bitcoin cheaply and selling more expensively. However, you need to pay attention to certain factors and always analyze new information carefully The course is influenced by a large number of factors:

  • Sanctions and preferences. The government may impose sanctions against Bitcoin. For example, cryptocurrency is prohibited in China and India. Such prohibitions globally affect the value of one coin, reducing it. Other laws that allow legal trading make Bitcoin more attractive and add value.
  • Popularity. The more people who seek to use Bitcoin for transactions, the greater its value. The fact is that the number of coins is limited, so only the most successful users can buy cryptocurrency. The emergence of new cryptocurrencies competing with Bitcoin causes an outflow of customers, which negatively affects the value of the coin.
  • Security. News about hacking blockchains, theft of cryptocurrency, etc. negatively affect the cost. This is because users fear the arbitrariness of fraudsters and try to find the best options for trading and investment.
Is there a commission for replenishing a deposit in Bitcoins?
Some dishonest clients use platforms, not for trading, but money laundering. Coins obtained illegally are transferred to an account and then withdrawn. To counteract this scheme, the company takes a commission on Bitcoin transactions. It is 0.001 BTC and allows you to prevent fraudulent activities and spam attacks on the server. The commission is fixed and does not change depending on the amount of the deposit.
How can I make profit by investing Bitcoin on the IQ Option?
The basic principle of trading on binary options is to determine in which direction the value of the asset will move soon. The South African client IQ Option, who decided to trade Bitcoin, gets a lot of opportunities:

  • Call / Put. Standard strategy — here it is necessary to determine whether the value of the asset will be higher (call) or lower (put) after a certain period.
  • Touch / No-touch. There is a certain boundary (indicator) above or below the current value. The trader's task is to determine whether the price touches this mark (Touch) or not (No-touch).
  • In / Out. In this case, there are two boundaries of value (high and low) that form the interval. It is necessary to give a forecast whether there will be a value inside this corridor (In) or leave it (Out).
  • Digital options. An option with a long expiration time (up to 30 days). It allows you to carefully analyze the situation and reduces risks, but offers reduced profits.
  • Turbo option. A high-risk tool with high profits, similar to roulette. Because the expiration time here is less than five minutes, and the South African trader cannot conduct a comprehensive analysis and give an accurate forecast.
How to make money on Bitcoin effectively?
Of course, no strategy will allow you to earn 100% of cases. However, most professional traders follow certain principles that allow them to become more successful.

  • Information. Of course, a trader must understand what cryptocurrency is and how the market works. Trading without sufficient knowledge is similar to driving a car without a licence — in the end, you will run into problems. The IQ Option service will help you in this matter. The official website has an information section where you can read useful information about new strategies, professional advice, and market analysis.
  • Training. The right start to trading is to find a demo account that is filled with virtual money and has the same functions as a real account. In addition to risk-free investments, a demo account will allow you to hone your skills, develop a winning strategy and become even more confident before becoming acquainted with the real market.
  • Patience. Of course, turbo options with minimal expiration periods and large profit margins are quite attractive. However, it is better to choose long-term options for trading because this allows you to make an accurate forecast and increases the likelihood of profit.
  • Cold mind. A professional trader exercises discipline and kills the excitement. He does not seek to instantly recoup, raising rates. Remember — this is the path to bankruptcy. A competent user will pause after failures. This will allow him to analyze the mistakes, draw conclusions and correct his strategy.
  • Automation. Use all the opportunities that circumstances offer. The IQ Option website allows you to download and configure a special automated trading program. The robot can automatically analyze available binary options, select the ideal expiration time and close the deal with millisecond accuracy.
  • Management. A professional trader never puts everything "on one horse." Even with a high probability of a correct forecast, the transaction amount should not exceed 10% of the bank. Remember — it's better to earn less than lose everything.
  • Progress. Remember that trading is constantly evolving. For this reason, always keep a "finger on the pulse", find out the news and experiment with new strategies.
What is Bitcoin and how does it work?
Bitcoin is a digital form of money, but unlike ordinary fiat currencies, it is not under the control of the central bank. The basis for managing the financial system of Bitcoin is thousands of computers distributed around the world. Any user can participate in the work of this system after installing open-source software.

Bitcoin was the first cryptocurrency to be announced in 2008 (and launched in 2009). It was developed by a group of Japanese programmers. It provides users with the ability to send and receive digital money (bitcoins or BTC). The main quality that makes this currency so attractive is that it cannot be censored, and transactions can be made at any time and from anywhere. Thanks to these qualities, the first cryptocurrency became very popular in the world, which positively affected its value. The price of one coin increased from a few cents in 2009 to $ 20,000 in 2012. Today, the value of the asset is 6−6.5 thousand dollars.
What are the benefits of Bitcoin?
Each way to make money has strengths and weaknesses. The first cryptocurrency Bitcoin has the following advantages:

  • Anonymity. No one can track, block or freeze a transaction without a unique key.
  • The high degree of protection. A special hash function SHA-256 reliably protects every coin, minimizing the risk of hacking.
  • Transaction rate. Standard banks check a lot of parameters (credit histories of owners, personal data, etc.) before placing a deal. A cryptocurrency transaction from one device in South Africa to another (in Australia, for example) takes just a few minutes.
  • Minimum commission. Bitcoin is a digital currency located only in the virtual world. Therefore, the user does not pay a large commission for using the banking system and other services. Only the minimum percentage is deducted for capacity maintenance.
  • Independence. Bitcoins are on various devices in different countries and continents. There is no main regulator that can affect the system.
What determines the price of one Bitcoin coin?
The cryptocurrency rate changes dozens of times a day. A successful trader can make a lot of money by making the right forecast and buying Bitcoin cheaply and selling more expensively. However, you need to pay attention to certain factors and always analyze new information carefully The course is influenced by a large number of factors:

  • Sanctions and preferences. The government may impose sanctions against Bitcoin. For example, cryptocurrency is prohibited in China and India. Such prohibitions globally affect the value of one coin, reducing it. Other laws that allow legal trading make Bitcoin more attractive and add value.
  • Popularity. The more people who seek to use Bitcoin for transactions, the greater its value. The fact is that the number of coins is limited, so only the most successful users can buy cryptocurrency. The emergence of new cryptocurrencies competing with Bitcoin causes an outflow of customers, which negatively affects the value of the coin.
  • Security. News about hacking blockchains, theft of cryptocurrency, etc. negatively affect the cost. This is because users fear the arbitrariness of fraudsters and try to find the best options for trading and investment.
Is there a commission for replenishing a deposit in Bitcoins?
Some dishonest clients use platforms, not for trading, but money laundering. Coins obtained illegally are transferred to an account and then withdrawn. To counteract this scheme, the company takes a commission on Bitcoin transactions. It is 0.001 BTC and allows you to prevent fraudulent activities and spam attacks on the server. The commission is fixed and does not change depending on the amount of the deposit.
How can I make profit by investing Bitcoin on the IQ Option?
The basic principle of trading on binary options is to determine in which direction the value of the asset will move soon. The South African client IQ Option, who decided to trade Bitcoin, gets a lot of opportunities:

  • Call / Put. Standard strategy — here it is necessary to determine whether the value of the asset will be higher (call) or lower (put) after a certain period.
  • Touch / No-touch. There is a certain boundary (indicator) above or below the current value. The trader's task is to determine whether the price touches this mark (Touch) or not (No-touch).
  • In / Out. In this case, there are two boundaries of value (high and low) that form the interval. It is necessary to give a forecast whether there will be a value inside this corridor (In) or leave it (Out).
  • Digital options. An option with a long expiration time (up to 30 days). It allows you to carefully analyze the situation and reduces risks, but offers reduced profits.
  • Turbo option. A high-risk tool with high profits, similar to roulette. Because the expiration time here is less than five minutes, and the South African trader cannot conduct a comprehensive analysis and give an accurate forecast.
How to make money on Bitcoin effectively?
Of course, no strategy will allow you to earn 100% of cases. However, most professional traders follow certain principles that allow them to become more successful.

  • Information. Of course, a trader must understand what cryptocurrency is and how the market works. Trading without sufficient knowledge is similar to driving a car without a licence — in the end, you will run into problems. The IQ Option service will help you in this matter. The official website has an information section where you can read useful information about new strategies, professional advice, and market analysis.
  • Training. The right start to trading is to find a demo account that is filled with virtual money and has the same functions as a real account. In addition to risk-free investments, a demo account will allow you to hone your skills, develop a winning strategy and become even more confident before becoming acquainted with the real market.
  • Patience. Of course, turbo options with minimal expiration periods and large profit margins are quite attractive. However, it is better to choose long-term options for trading because this allows you to make an accurate forecast and increases the likelihood of profit.
  • Cold mind. A professional trader exercises discipline and kills the excitement. He does not seek to instantly recoup, raising rates. Remember — this is the path to bankruptcy. A competent user will pause after failures. This will allow him to analyze the mistakes, draw conclusions and correct his strategy.
  • Automation. Use all the opportunities that circumstances offer. The IQ Option website allows you to download and configure a special automated trading program. The robot can automatically analyze available binary options, select the ideal expiration time and close the deal with millisecond accuracy.
  • Management. A professional trader never puts everything "on one horse." Even with a high probability of a correct forecast, the transaction amount should not exceed 10% of the bank. Remember — it's better to earn less than lose everything.
  • Progress. Remember that trading is constantly evolving. For this reason, always keep a "finger on the pulse", find out the news and experiment with new strategies.

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Trade, Sell and Buy Bitcoin in South Africa

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