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crypto currency trading in english by prathilaba

Crypto Currency Trading Quick Start Guide in English

Quick steps in English to register and start trading Crypto currency ( Bitcoin, Etherium, Ripple and Dash etc ) with IQ Option Trading Platform.

Crypto Currency is a virtual asset created by solving a kind of complex mathematical formula. Though it is seems to be new to most, Bitcoin is very common in most of the developed countries and you can find bitcoin ATM's in some of those countries too ! So in IQ Option you can trade crpyto currency like Bitcoin, Etherium, Ripple, IOTA, Dash and many more popular crypto currencies by using Buy ( If you assume the price may go up ) / Sell ( if you assume the price may go down ) options just like in Forex trading. When trading crypto currency you do not have to worry about an expiry time but you can state a value for the trade to close when your target value is reached. Also in case the trade goes against your assumption in other direction, the maximum that you will be risking is the amount invested for the trade. So let's see how you can start trading crypt currency.

Minimum Requirements to Trade

Minimum age limit is 18 years
NIC (in English only) or Passport ( for IQ Option )
NIC (in English only) or Passport or Driving License ( for Neteller / Skrill Accounts )

1 - Register with IQ Option Trading Broker for Free

Go to below link and then register with your email & password to start trading Binary.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.

General Risk Warning: The financial products offered by the company 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

2 - Download the binary trading application for desktop, mobile or tab

Download the most suitable trading application based on your operating system. Then install it in your device. Once it is successfully installed, login to the trading application using your email and password.

3 - How to trade crypto currency

 You can click on "+" sign in trading app and choose "Crpto". Then from the list , you can choose any of the crypto currencies. Then choose an amount, pick auto closing values ( mention a percentage for the trade to close when it reaches profit using "when profit is" value. Then "when loss is" value you can keep as it is or adjust accordingly  ) and then choose either "Buy" or "Sell" depending on your decision.  Same like in forex you can close the trade early or even adjust the  auto closing values while trade is ongoing.  Also using "Purchase at" button you can place the order at a different value too instead of making the order at current market price ( This is optional. Once you are familiar with trading, you can try this one ).

So once your "when profit is" value reaches, the trade will close giving you profit. In case the trade goes against your assumption and reaches "when loss is" value ( by default this is set to 95% but normally closes at 90% ). The trade will close with a loss. The maximum that you may loose in a trade is 90% of what you have invested for the trade at the moment.

4 - Practice in free demo account first ! Once successful, you can trade crypto currency in live account !

Practice first in free demo account ( If you really want to try with real money, don't put more than $10-$50 initially ). Once you are successful in demo account, you may deposit around $10-$50 using  Skrill or Neteller and start live trading. Trade cautiously  ( Only place a trade once you are very sure about the entry point ) with good money management ! If you are successful with a smaller trade account, you can consider moving to a higher capital account later on.  Also keep in mind that trading is highly rewarding method but at the same time it is a high risk method. So invest only what you can afford to risk.   

Some of the useful articles for you

Brokers for Crypto Trading other than IQ Option - Sin/Eng

Trending Market එකක Support / Resistance භාවිතා කරන ආකාරය.

Range Market එකක Support / Resistance භාවිතා කරන ආකාරය.

Learn chart patterns

Learn candlestick pattern

10 things that helps to become a good trader - Sinhala

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.

Good Luck !  😎 

Crypto Currency Trading Quick Start Guide in Sinhala - never-giveup-on-dreams-prathilaba

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General Risk Warning: The financial products offered by the company 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.

We are not at official website of IQ Option,Binary.com, ICmarkets, Tickmill, Roboforex or any third party website mentioned in the website.

This is the only Sinhala website that we operate as a Trading Educational Website. We do not operate any other sinhala trading educational website. අපගේ වෙනත් කිසිදු සිංහල ට්‍රේඩින් වෙබ් අඩවියක් නොමැත. අප සිංහල අධ්‍යාපනික වෙබ් අඩවියක් ලෙස මෙය පමණක් පවත්වාගෙන යන බව කරුණාවෙන් සලකන්න.

IQ Option Restricted Countries and Apps : IQ Option allows traders from any country EXCLUDING USA, Russia, Canada, Australia, Belgium, France, Japan, Turkey, Israel, Syria, Sudan, and Iran. So please DO NOT register, if you are from/residing in any of the above countries. Users from Malta, Cyprus and Dominican Republic CAN NOT trade on iOS app and users from Malta, Cyprus, Myanmar, Lichtenstein, Cuba and Dominican Republic CAN NOT trade on Android app.

* සැලකිය යුතුයි  : ඔබ බයිනරි ඔප්ෂන් ට්‍රේඩින් / ෆොරෙක්ස්  සදහා යොදවන මුදල දැඩි අවදානමක ලක්විය හැක. අවදානමක් ගත හැකි අයට පමණක් සුදුසු කරුණු පමණක් මෙහි අඩංගු වේ. මෙය මුදල් ආයෝජනය කිරීම සදහා ලබාදෙන උපදෙස් නොවේ.   ප්‍රතිලාභ.com වෙබ් අඩවියේ අරමුණ ඔබට බයිනරි ඔප්ෂන් ට්‍රේඩින් / ෆොරෙක්ස් සහ වෙනත් අධ්‍යාපනික තොරතුරු ලබාදීම පමණි.  බයිනරි ඔප්ෂන් ට්‍රේඩින් / ෆොරෙක්ස් හරහා සිදුකරණ ආයෝජන අධික ලාභ ලැබෙන සහ අධික අවදානමක් පවතින ආයෝජනයන්ය ( ඉවසීම සහ කැපවීම නොමැති අයට මෙවැනි ට්‍රේඩින් ක්‍රම සුදුසු නොවේ ). කිසි විටක ඔබේ එදිනෙදා වියදමට හෝ ණයට ගත්ත මුදල් මේ සදහා යෙදවීමෙන් වලකින්න. ඒවගේම ඔබගේ රටේ මුදල් නීති සහ රෙගුලාසි වලට අවනත වන්න. ඔබ සිදුකරණ ආයෝජන සදහා සම්පුර්ණ වගකීම ඔබ සතුය. මෙම වෙබ් අඩවිය, එහි ඇඩ්මින්වරුන් හෝ මෙහි සදහන් වෙනත් වෙබ් අඩවි කිසිම වගකීමක් භාර නොගනිණ බව කරුණාවෙන් සලකන්න.

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