Binary.com is a binary options trading platform that recently launched a new initial coin offering (ICO). This platform was one of the first companies to offer binary options trading online for traders around the world. Although this ICO option is new, the Binary.com platform has existed for several years.
By participating in the ICO, traders are granted token holder rights that entitle them to receive different payouts – equivalent to shareholders dividends and this way trader’s tokens are converted into ordinary shares.
The ICO campaign will run through December 25. 2017, and all trading is done through a user-friendly platform. To participate, traders need to open a Binary.com real money account.
How does the ICO work?
By launching an ICO, traders can buy Binary.com tokens and earn a share of revenue generated by the platform.
The first step is to purchase tokens which Binary.com will issue to the traders during the ICO period. After that, traders will earn exclusive token-holder rights because each token provides each trader with two exclusive token-holder rights. When this is done, traders have two choices:
- Recieve Dividend Payments – Recieve payments equivalent to shareholder dividends
- Convert your tokens into shares – Convert all of the tokens into Ordinary Shares
How To Participate In ICO?
Also, our team has created a step by step explanation on how to participate in the Binary.com Initial Coin Offering (ICO):
- Log in to your Real Money Account
- Click on ‘ICO BIDS’
- The traders will be redirected to the Binary.com ICO page
- Place a bid in three easy steps:
- Enter the number of tokens you wish to purchase
- Enter your bid price
- Click ‘Place Bid’
- Place as many bids as you want to trade at the market
- Check the status of your placed bids
- Pay the balance up to the final price to claim your tokens
It is important to note that traders can bid on ICO tokens in both, fiat and cryptocurrencies by using the funds on their Real money account. These include AUD, BTC, EUR, ETH, GBP, LTC, and USD.
As mentioned above, Binary.com is one of the first members in the binary options trading world. Binary.com company is founded in 2000. so binary options trading and new features are not a new on this platform. By embracing a new generation of digital traders, Binary.com moves the boundaries of trading on the financial market and enables a new era of trading for all traders who trade on a daily basis. Today, Binary.com company consists of over 130 staff and contractors around the world. They have more than one million registered user accounts and the company performs about 30 transactions per second. The company is licensed and regulated in the UK, Malta, Isle of Man, Japan, and Ireland.