How to Login and start trading Binary Options at Bitlevex

How to Login to Bitlevex

Login to Bitlevex [PC Web]

To start with, it is really easy to log into your Bitlevex account through PC Web. In order to do this, you need to follow these steps:

1.     Go to Bitlevex Website.
2.     Click on “Sign in” button.
3.     Enter your E-mail and Password.
4.     Click on “Sign In” button.
5.     If you forgot password click on “Forgot password?”.

Enter your E-mail and Password that you registered to log into your account and click on the “Sign In”.

That’s it, you just logged in your Bitlevex account successfully.

Login to Bitlevex [Mobile Web]

It is also easy to log into your Bitlevex account through mobile Web. In order to do this, you need to follow these steps:

1.     Go to Bitlevex Website.
2.     Click on “Sign in” button.
3.     Enter your E-mail and Password.
4.     Click on “Sign In” button.
5.     If you forgot password click on “Forgot password?”.

Enter your Username and Password that you registered to log into your account and click on the “Sign In”.

That’s it, you just logged in your Bitlevex account successfully.

Forgot Bitlevex Password

Don’t worry if you can’t log into the platform, you might just be entering the wrong password. You can come up with a new one.

To do that, click on the "Forgot password?".

In the new window, enter the E-mail you used during sign-up and click the "Submit" button.

You’ll get an email with a link to change your password right away.

The most difficult part is over, we promise! Now just go to your inbox, open the email, and follow the link indicated in this email to complete your recovery password.

The link from the email will lead you to a special section on the Bitlevex website. Enter your new password here and click "Submit" button.

Thats it! Now you can log into the Bitlevex platform using your username and new password.

How to Trade Binary Options at Bitlevex
 

How to Open a Trade

In the top-left corner of the dashboard, you can track the current asset price and its trend.

The candle chart helps you explore historical BTC price performance in different timeframes. There are also several tools and indicators you can use to analyze future price movements.

This section enables you to construct custom option trades based on the parameters that you select. Lets see what we got here!
If you speculate that the price of Bitcoin will increase, select the CALL option. On the contrary, if you believe that the price will drop, choose a PUT option.
Indicate the margin (multiplier) by which you wish to execute the trade. Note that higher leverage is riskier, but often more rewarding.

Please note, when choosing time maturity, it does not mean, that you need to wait until the end of maturity. You can start selling after 5 minutes from the option purchase.
Place an amount that falls within the upper and lower limits, as specified in the box.
Press this button to lock in the selections made above and purchase your option.
Follow your active option trades and track their performance through multiple data points.

You can also see a history log with your previous trades by clicking on the HISTORY tab on the top-right corner of the table.

Our platform integrates with TradingView to offer trading signals across different timeframes. This helps you improve your trading decisions.

The order book helps you see what options other users are placing, as well as the current overall trend between PUTs and CALLs on the platform.

What is Options Trading?

What are Options? 

Options are contracts that give the bearer the right, but not the obligation, to either buy or sell an amount of some underlying asset at a pre-determined price, referred to as the strike price, at or before the contract expires.

Each option contract will have a specific expiration date by which the holder must exercise their option. The stated price on an option is known as the strike price.

Call and Put Options:

• A call can mean two things. It can refer to an option contract giving the owner the right, but not the obligation, to buy a specified amount of an underlying security at a specified price within a specified time. It can also refer to a call auction, a time when buyers set a maximum acceptable price to buy, and sellers set the minimum satisfactory price to sell a security on an exchange. Matching buyers and sellers in this process increases liquidity and decreases volatility. The auction is sometimes referred to as a call market.
• A put is an options contract that gives the owner the right, but not the obligation, to sell a certain amount of the underlying asset, at a set price within a specific time. The buyer of a put option believes that the underlying stock will drop below the exercise price before the expiration date. The exercise price is the price that the underlying asset must reach for the put option contract to hold value.

What is an Expiration Date?

An expiration date in options is the last day that an option contract is valid. On or before this day, investors will have already decided what to do with their expiring position.

Before an option expires, its owner can choose to exercise the option, close the position to realize their profit or loss or let the contract expire worthless.

What is an Option Premium?

An option premium is the current market price of an option contract. It is thus the income received by the seller (writer) of an option contract to another party.

European and American options

The European options can only be exercised on the expiration date, not before.

The American options can be exercised on or before the expiration date.

At the moment, we only consider European options

The price (premium) for the European options contract shall be calculated using a variation of the Black Scholes Model, see https://www.investopedia.com/terms/b/blackscholes.asp