Website address
blockoption.io
Demo account
Yes
Supported languages

* “The amount that will be credited to the account in the case of a successful deal
blockoption.io
General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds

Any field of activity in which there is a large cash flow, always attracts the attention of representatives of the criminal world. And the financial market is no exception. In parallel with the advent of new brokerage companies, “services” of scammers are created, many of them are made so professionally that even experienced traders and financial analysts fall into the “networks” of talented scammers. But the problems do not end there. The interweaving of new online trading trends, confusion with the legal status of popular trading assets, interference by scammers, etc. led to the fact that novice (and sometimes experienced) traders began to look with suspicion at all the innovations that the global financial market offers them, through traditional intermediaries – brokerage companies.

These factors had a negative impact on the activities of the Block Option – a decentralized platform for executing transactions with binary options. It is not difficult to guess that the above factors are the main cause of the current situation. Many potential users of the site simply doubt that its owners / administrators will fulfill their financial obligations. Is there any reason for such suspicions, or does someone similarly eliminate a competitor? To answer this question, it is necessary to study in detail the information about the Block Option, taking into account the opinions of both the supporters of the platform and its opponents.

 

BlockOption.io review

 

Block Option – a promising service for working with binary options or a long-term project of scammers?

Anticipating the question of many readers of this review about the “long-term projects of scammers”, one important clarification needs to be made. Most commercial activities do not allow the same fraudulent scheme to be used for an extended period of time. For example, the project – “you won a car, but you need to pay a small tax, $ 200-500” allows you to cheat 3-5, well, a maximum of 10 people. And very quickly all the media will begin to talk about this scheme. In the financial market, “bookies” have been deceiving traders for years without even fearing that they can be punished for this or present real evidence of their fraudulent activity.

Block Option Security

But back to the main topic of the review. Created for Block Option, the application is directly related to EtherZero (Ethereum hardfork), they, complementing each other, demonstrate higher development rates than other similar services. It is also necessary to take into account that the resource in question functions using the blockchain technology, which has a positive effect on its security.

Novice traders are sometimes alarmed by the fact that the site in question is not a subject of the European financial market. But in this case, the Europeans themselves are to blame for constantly complaining about binary options brokers (accusing them of their losses). As a result, one of the most authoritative regulators in the world of ESMA, made a simple decision – to ban BO in the territory of the EU. Today, the company is focused on the financial markets of Vietnam, Singapore, China, Russia and others.

It can be said that the blockchain technology is the basis for the security of the company’s customers, and the mechanism for conducting financial transactions does not differ from working on other platforms, the participant’s task is to guess the direction of the asset value change over a given period of time. Be sure to consider these factors if you have doubts about whether to register a login on the Block Option or whether it is better to invest your savings in other projects.

Education of novice traders

The resource creators of the resource offer users a whole section on the company’s official website, where you will find a huge number of answers to questions that may arise in the course of trading operations. The demo account created on the Block Option is a great opportunity to get practical training by entering into transactions, without using your own money.

Trading with Block Option: analysis of key parameters

Despite the rather pessimistic forecasts of the opponents of the project, he continues to work, fully fulfilling his obligations. This is evidenced by the reviews prepared by the Block Option (available on relevant forums and websites), as well as statistical data that anyone can check.

What should the novice user of the service in question know?

    • Binding to Ethereum allows you to solve all financial issues without any problems, while working on this platform.

    • Financial operations in this case do not contradict the interests of the administration of the resource.

    • The high potential of the proposed areas of placement of funds allows, during the day, to increase its capital by 1.5-2 times.

    • The service in question is of interest not only to traders, but also to ordinary investors, many of whom have a vague idea about the formation of income on binary options trading platforms.

    • Practice shows that 90% of online trading fans who like to work with binary options consider that the resource in question is one of the most interesting among similar sites.

Despite the huge number of advantages of the Block Option, you need to remember one important point. Transactions with binary options have always been considered highly risky, so before you start working on such sites, develop a strategy that meets your goals.

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General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds

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