IQ Option was introduced as a trading option in the year 2003, and since then it has been gaining increased attention by a steady number of investors. IQ Option provides a great deal of value to each of its investors. The IQ Option site possesses a high level of transparency and functionality due to which the customers are relaxed as they are aware of the fact that the site is functioning in accordance with the latest financial regulations for conducting trade. It makes use of the intuitive UI interface because of which navigation through the site becomes easy. Also, due to the functional platform and trading application, the use of IQ Option became easy and simplified both for the professional traders as well as the new entrants.
There are a variety of trading platforms which are used by the IQ Option users for conducting trade which is as follows:
The method for signing up on the IQ Option site is a simple and straightforward method and can be easily understood by all. It involves filling up the basic details by the user and instantly you can start trading. You can use below form to register free.
The use of IQ Option for trading is trouble-free for all the users - the experienced ones or the ones who have just learned the fundamentals of Forex trading online. At the start of the trade, the IQ Option requires a low minimum deposit of 10$ USD or British pounds only. Hence among all the other available web trading sites, IQ Option requires one of the the lowest deposits.
IQ Option keeps the method of trade simple and believes in providing equal opportunities of trade to each one of its users regardless of the amount the user invests in. Three different account levels are available on the IQ Option website which is as follows:
IQ Option is contemplated to be the leading provider of the Forex Trading services. The word ‘Forex’ is the short form of ‘Foreign Exchange.’ Within the forex market, inter-trade of various currencies takes place, and a suitable price of the exchange is decided. Forex Trading is considered to be one of the most famous methods of trading and accounts for approximately USD 4 trillion of economic activity on a daily basis. The specific trade prices of currency pairs are listed beforehand which allows the traders to exchange one currency with the other on the basis of their belief on whether the price of the currency will experience a fall or rise.
You can refer below video to get a clear idea about the process of placing trades.
If you chooses to begin with a demo account, then he/she is advised to conduct 100% risk-free trades for getting an idea about the trading process. After getting a suitable experience of conducting the trade the user is advised to continue with the trading process by opening a real trading account ( this account carries a high risk as you trading with actual money unlike demo accounts ) which is required to be funded from an approved funding source ( Skrill or Neteller ). After the account has been funded, you can make trades with as low as $1 per trade.
Various trading ideas exists. Below are some of the popular simple trading ideas. You can use one of the methods below or make your own method by learning below methods.
Tip : Generally higher time frameworks patterns are more reliable than lower time frameworks. Also you can use indicators in IQ Option to make your prediction more accurate.
You can use Skrill, Neteller, WebMoney, Advcash or latest payments methods supported by IQ Option & your country to make deposits and withdrawals. ( You may not be able to use debit cards or master cards any longer as they are not supported anymore.)
Forex trading helps the traders or the investors in making money through the means of currency pairs. However, it is important to realize the fact that forex trading for beginners is risky but by gaining complete knowledge about the trade one can make a good earning out of the trade. To start forex trading from home as a full time or online part time job, all you need is a little patience, money for investment, a personal computer and lastly a reliable internet connection. Once the person has got all that is required he/she needs to choose a relaible broker like IQ Option and start trading.
The trading options which are capable of providing a high level of earnings and profits to the traders or the investors also carries a high level of risk along with itself. Therefore, trading is advisable for those who are willing to take risks. If you think you are capable of taking risks then register for free with world's leading broker IQ Option. Learn the trading skills from the information provided to you for free on our trading site and brokers web site. Start with making the demo account, practice and sharpen your skills and develop your own techniques. After you get successful trading on the demo account switch over to live account and live trading and make money !
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Prathilaba October 25th, 2018
Tags: Beginner’s Guide to Forex, Beginner’s Guide to IQ Option, forex, forex brokers, forex school, Forex Trading, iq option, IQ Option Broker, IQ Option Forex, iq option forex broker, IQ Option Review, neteller, skrill, webmoney
The world’s foreign currency market (Foreign Exchange Market, Forex or FX) allows easy purchase and sale of foreign currencies. It represents one of the largest and most liquid financial markets in which banks, central banks, financial institutions, governments, corporations, insurance companies, as well as individual investors participate.
The foreign currency market is available 24 hours a day except for weekends, specifically because of the high volume of trading, high liquidity of the market, global distribution, due to the large number of different factors affecting the changes in the prices of currency pairs and the possibility of using the leverage effect (Leverage). In this market, profit is realized by buying and selling currencies at a different rate.
The currencies most commonly traded on the foreign exchange market are :
The foreign exchange market is difficult to compare with other areas of the global financial markets, mostly due to the high sensitivity to a number of factors. Prices on the foreign exchange market are constantly changing. Changes in exchange rates are usually caused by real cash flows, i.e. The course is formed depending on supply and demand, but also exchange rates are very sensitive to the news in the fields of economy, politics and the news of natural disasters. Since such a market is not centralized, the possibility of central bank influence is avoided.
In the next paragraphs, some of the most notable Forex traders will be presented as well as their success stories.
George Soros is probably known as one of the largest investors in history. He picked up his notoriety for being an amazing victor when he supposedly created more than £1 billion of benefits and his short positions on the British pound. That's what he did before the break-up of Black Wednesday, September 16, 1992.
At that time, Great Britain was part of the EMR group, which demanded that the state involve itself in business in the event that the British pound weakens over a certain margin.
Soros effectively anticipated that the conditions blend - the association of the high British interest rates around then and the ominous rate in which Britain joined the EMR - left the Bank of England helpless.
England's promise to keep up the pound against the German brand implied mediation when the pound debilitated - either through the buy of sterling or by rising loan fees or a blend of both. The subsidence implied that higher loan costs were extremely hurtful for whatever is left of the economy. This hampered the investment at a time when the actual incentive was actually needed.
He once told the Wall Street Journal: "I am rich because I know when I'm wrong." In the meantime, the statement demonstrates his ability to remove a business that does not work and the teaching shared by all the best Forex dealers.
Stanley Druckenmiller believes that George Soros is his mentor. In fact, Soros and Druckenmiller worked for more than a decade in Quantum Fun. But Druckenmiller then created his own reputation by successfully managing billions of pounds in his own fund called Duquesne Capital.
In addition to being part of Soros's famous trade in Black Wednesday, Mr. Druckenmiller, in his retirement, acted with years of incredible results of two-year profits with Duquesne. Druckenmiller's value is estimated at more than $ 2 billion.
Druckenmiller says that his exchanging logic for building long-haul returns is rotating around capital protection and afterward forcefully seeking after benefits when exchanging is great. This approach diminishes the importance of correct and wrong decisions.
Instead, it stresses the value of maximizing opportunities when the decision is true and reduces the damage when it is wrong. As Druckenmiller said in an interview for The New Market Wizards, "there are plenty of shoes on the shelf, just wearing those that are right for you."
Andrew Krieger has dependably shown a flare and enthusiasm for finance and business enterprise. In the wake of doing his college degree at Pennsylvania University's Wharton Business School, he was employed as a cash trader at Bankers Trust, where he had his chance of a lifetime. In 1987 at 32 years old, while most speculators were freezing over the Black Monday crash, Krieger kept a composed attitude and made the circumstance advantageous for him. While all the world's monetary forms had endured, Krieger noticed that the New Zealand Dollar, otherwise called the Kiwi, was in a more grounded position. He took up a short position against the Kiwi that was worth a huge amount of dollars, with the goal that his offer requests surpassed New Zealand's real cash supply at the time. Krieger made $300 million in income from this exchange, much to the worry of the New Zealand government who attempted to influence his managers to influence him to stop. He cleared out Bankers Trust not long after to work for George Soros and afterward Northbridge Capital Management. He is another incredible donor who has given over $350,000 to help the Indonesian tsunami casualties.
Unexpectedly, Bill Lipschutz's profits were numbered in hundreds of millions of dollars created at the Salomon Brothers foreign exchange department in the 1980s - despite his previous inexperience in currency markets.
Mr. Lipschutz often referred to as the Sultan of Currencies, describes FX as a very psychological market. Also, as our other fruitful Forex dealers, the Sultan trusts that market recognition decides the value activity similarly as successfully as unadulterated nuts and bolts.
Lipschutz concurs with Stanley Druckenmiller's view that the execution of a Forex dealer does not rely upon whether your choices are more frequently revise than off-base. Instead, it emphasizes that you need to figure out how to make money, while you have just 20 to 30 percent of the time.
Here are some other key principles of Lipschutz.
Lipschutz also emphasizes the need for risk management, since the level of your trading should be chosen so that they would not be excluded from your position if your time selection is wrong.
Which Brokers Support Paypal e-wallet other than Skrill or Neteller ? You can use ICMarkets or Pepperstone Australia based regulated licensed brokers. Both Provides free demo to practice.Minimum deposit is only $200. Good thing is both offer ctrader ( modern and easy to use ) trading software other than MT4 ( not easy to use for beginners ).
Bruce Kovner is yet another exceptional New Yorker, associated with basketball and piano playing aptitudes as well as his business abilities. Subsequent to learning at Harvard where he took a shot at various political battles, Kovner turned into a taxi driver. It was amid this time he found items trading, which set the phase for a lifetime of budgetary accomplishment. Kovner's first trade in 1977 was a perilous one in soybean futures contracts. The $3,000 that he acquired utilizing his MasterCard paid off as the contracts esteem expanded to $40,000. He sold the contracts simply after the cost had dropped to $23,000 and right up 'til today, he says that that nerve-racking background showed him about hazard administration. Kovner proceeded to wind up a dealer at Commodities Corporation, and after that setup and drove the expanded exchanging association Caxton Associates, LP. Toward the beginning of 2012, Kovner established CAM Capital as the stage on which to deal with his venture, trading, and business exercises. And additionally leading this association, he sits on the Boards of Synta Pharmaceuticals and different expressions panels, for example, the Metropolitan Opera. His trading background gives him total assets of $5.3 billion.
Michael Marcus dreamed of becoming a psychologist and building a scientific career. However, the only trip to the exchange opened a gambler in it. A young man radically changes his life and after many losses still becomes a millionaire. Meet Michael Marcus, a trader who changed his character and earned $ 80,000,000.
He was born in 1956. The natural giftedness helped quickly to cope with the school curriculum and enter a higher educational institution. The story of Michael Marcus's ascension to the stock market Olympus began in the late 60's when he graduated from the Johns Hopkins University. Among the best students, he received a scholarship from Clark University for writing his doctoral dissertation in the field of psychology. Perhaps life would have gone on a rutted track, and Michael became a university teacher. However, in his life appeared John, an undergraduate from his own faculty.
A vicious circle of failures was broken by a meeting with Ed Seykota, the father-developer of software for stock trading. By the time he met Michael Marcus, Ed was already a successful trader. He lured to his organization Michael and became his teacher of stock trading. Seycotte explains how to curb losses and maintain positions that generate profits. Slowly Michael learns not to succumb to excitement, predict and in time to get out of unprofitable transactions. In 1972, Marcus gets his first profit - $700. Six months later they turned into $12,000, another year later - $64,000.
Originally Michael Markus trades raw materials: plywood, grain, cotton. Then he is fond of currency transactions. Trade went around the clock; the size of positions measured hundreds of millions of dollars and German brands. Michael was one of the largest traders on the currency exchanges.
In 1974, one of his friends invited Michael to become a trader at Commodities Corporation. He readily responded, but the leadership did not at first want to take a simple bachelor. It was convinced that a successful degree needed a successful trade. After much persuasion, Marcus still takes to work and allocate him an account of $30,000. After 10 years, it already had $80.000.000. It should be noted that the company only once put about $10,000 on the account, and then regularly rented large sums for development. According to memoirs of Marcus, the profitability of transactions was 100 and more percent per year.
Paul Tudor Jones was born on September 28, 1954, in the city of Memphis, Tennessee, USA. Here at the University of Memphis, he graduated, after which he received a degree in economics from the University of Virginia. He began his business career as Paul Tudor Jones in 1976 as a clerk. But sooner he becomes a broker of E.F. Hutton. “Participated in the 1976 championship in boxing and quite successfully.
Since 1980, he has been an independent trader for two and a half years, and then, Paul begins to trade in the New York Cotton Exchange (New York Cotton Exchange), cotton futures.
In 1980 Paul Tudor Jones founded the investment fund "Tudor Futures Fund", under whose management was 1.5 million US dollars. Paul invests in it all the money earned by that moment and attracts customers' funds. Soon, "Tudor Investment Corporation" becomes the best investment fund. Annually, for the first five years of work, the fund brought a 100% profit. At that time, the size of the fund was not very large, and it was easy to manage because there was no market reaction to the manipulations that Paul Tudor Jones was conducting on the market.
Nuances of the trading strategy of Paul Tudor Jones: Paul concludes a large number of transactions, but only a small percentage of them are successful. According to a source, 20-25%, for others, not more than 10%. But the profit on successful transactions covers with a large margin all losses for unsuccessful transactions. Control over risk is the essence of its trading style. He does not think about what he can earn on this transaction but is concerned about how much it can lose on this transaction. If during the trading session the total amount of his trading account is reduced by 1-2 percent, then, in order to curb the risk, he can close all his positions. He says that "It's always easier to return to the market than to get out of it."
Joe Lewis was born in February fifth, 1937 in Bow, London, United Kingdom. At the age of 15, he needed to relinquish his examinations to work at Tavistock Banqueting, a catering organization possessed by his dad. Shortly after, Lewis took control of the organization and help in its extension.
In 1979 he sold the family organization to completely center on the money business. He had enough cash then to settle on the choice of moving to the Bahamas, a low-tax area.
From his home in the Bahamas, he began working systematically in the Forex showcase, continuously expanding his own capital farthest point. The span of his fortune is basically owed to his bet on the outside trade advertise in the mid-90s.
In 1992 he shared close-by George Soros in the fall of the Bank of England. Lewis keeps the measure of money he earned on this action private; a few speculators assert it surpassed Soros' income.
His biggest profit, notwithstanding the wager against the Pound Sterling, was in mid-1995 while wagering against the Mexican Peso.In 1994, Mexico was in a genuine monetary state because of the absence of global stores, notwithstanding displaying a tremendous and developing business deficiency.Lewis saw the Mexican government was dealing with the circumstance inadequately since, in his view, they weren't securing the Mexican peso. He rapidly observed a short deal chance against the Mexican peso, and decisively he made the activity.
Can I trade forex using IQ Option ? Is IQ Option a Forex broker ? IQ Option is a regulated and licensed broker that offers options, cryptocurrency, cfd and forex. So you can trade using IQ Option forex broker. It uses a proprietary trading platform ( very much user-friendly), provides demo account and you can start live trading with as low as $10. You can learn about it more on IQ Option Forex Tutorial
Urs Schwarzenbach was born on September 17th, 1948 in Thalwil, Switzerland, and was brought up in Küsnacht, Switzerland.
In 1968 he started working at the Swiss Bank Corporation, a money-related organizations association. His first work was inside the foreign affairs division, and by then, he got into the foreign exchange market division.
In 1972, at the age of 24, he was sent to London in the portrayal of the organization. His dad, who wasn't excessively affluent, gives him 100,000 Swiss Francs as a blessing so he could figure out how to exchange with his own particular cash.
Schwarzenbach utilized the cash his dad gave him on an activity with a use of 10:1 and got his initial million in the outside trade advertise.
In 1976 he was at that point a mogul. Energized by his prosperity, he established his own organization, Intex Exchange. By the mid-eighties, his organization acquired a huge number of Swiss Francs (CHF) in income, as per a few trader reports. Also, they demonstrated that Schwarzenbach was a watchful trader.
Michael Steinhardt was born on December 7th, 1940, and is a support stock investments administrator, financial specialist, funder, daily paper proofreaders and dynamic giver in Jewish causes.
It was his dad who kicked him off in the realm of the fund, giving him envelopes loaded with cash to put resources into the stock trade so it gave him the beginning capital for his vocation as a financial specialist.
Steinhardt figured out how to acquire a record yield that still emerges in Wall Street; a 24% compound yearly development rate for a time of 28 years.
Likewise, he is known for having figured out how to accomplish this record with almost every money-related instrument: securities, cash (Forex), stock, long and short alternatives, and in timeframes going from 30 minutes to 30 days.
His value is assessed to be more than 1 billion dollars as indicated by the Forbes Magazine.
Besides making your investments expand, markets will dependably encounter crashes, and what all these notable Forex traders have in common is a will and an assurance to transform even the most noticeably bad circumstances into chilly, hard money. Where others freeze, they serenely investigate, and when others surrender trust, they hop on rising openings. They additionally consider chance risk management important and when their safety measures and in addition their hazard taking the result, they share their pay with those in require. While they have committed errors in their chance, these men demonstrate that all circumstances and encounters at last prompt awesome triumphs, which makes them a motivation to those of us inside the universe of Forex trading.
Is Forex and Options are same ? Which is riskier to trade ? Both follows same charts and pricing but Options are based on fixed time while forex does not have a fixed time. You can read Olymp Trade Tutorial in Sinhala or Binary.com Option tutorial in Sinhala. Both are high risk high yield trading instruments but you can use proper money management techniques to minimize the risk and get better results !
Pr Edu July 23rd, 2018
Tags: Andrew Krieger, Bill Lipschutz, binary.com, Binary.com Option tutorial in Sinhala, Bruce Kovner, Can I trade forex using IQ Option, forex, Forex broker tutorial in Sinhala, forex success stories, Forex Traders, Forex Traders in the world, George Soros, How can I deposit forex broker, How to create a skrill account tutorial, IC Market Forex Tutorial in Sinhala, icmarkets, iq option, IQ Option Forex Tutorial, IQ Option Forex Tutorial in Sinhala, Is IQ Option a Forex broker, Joe Lewis, Michael Marcus, Michael Steinhardt, money management, Money Management techniques, Most Famous Forex Traders in the world, Most Famous Successful Forex Traders in the world, Most Successful Forex Traders in the world, neteller, Olymp Trade Tutorial in Sinhala, olymptrade, Paul Tudor Jones, pepperstone, Recommended Forex Brokers, skrill, Stanley Druckenmiller, success stories, Urs Schwarzenbach, Where Can I trade Forex
Forex has been long time assumed to be the "High Reward High Risk" scheme, which draws on the interests of many. To begin with the Forex Training it is essential to understand the potential of this particular sector that is equally outweighed by its risks.
Forex is the short form of Foreign Exchange, and to be more clear it deals with currency trading. Majorly for commerce and tourism, there is a need to change the currency of one country to its equivalent value of the currency in another country. With globalization considered as the best step towards a perfect industrial world, businesses across the world require Forex.
Commercial initiatives and businesses that work in foreign countries are under a constant risk of the fluctuations in the value of the currency. When they sell or buy services or goods in other countries, they aim to prevent losses at least, if not gain huge profits. Therefore the foreign exchange markets have a regularized way to provide a hedge against these risks by fixing a particular rate at which the transaction would be concluded by the end of a certain period. In order to comprehend these risks completely, we need to understand the concepts of decentralized markets and centralized markets.
This is often referred to as Forex Volatility. It tells about the level of uncertainty or the risk involved with changes that could be possibly involved with currency exchange rates. A higher volatility denotes how an exchange rate can be spread over a large number of values. Therefore, this risk of high volatility is one of the major things to be considered when you want to invest in Forex services.
As the risks involved with forex trade is equally perplexing as the potential for gain, it is essential to find a regulated licensed forex broker. Many forex solutions companies exist in the market today, who have gained trust through the years of service. It is recommended to go for a reputable Forex broker like IC Markets, Tickmill, IQ Option, Roboforex or Pepperstone. You can learn about each of these brokers by referring to Regulated Forex Brokers in Sri Lanka article in both English and Sinhala.
Nowadays banks are taking up the forex trading expertise to ease out the process for their clients. The interbank market is a network of various banks around the globe that have commerce and currency exchange among themselves, in various countries. The banks need to work on the sovereign risks and credit risks by themselves, through deep processes of internal auditing. This is needed to keep themselves and their clients safe from losses as much as possible.
Forex acts as an entity to circulate the various currencies with the equivalent value from and to different countries.
With most of the forex beginners opting for Forex Trading Software, most of them are available for free.
Some of the beginners resort to FX bots too. These are nothing but Expert Advisors aka EAs. Though it is designed to be helpful throughout, it is often not very reliable when the market changes and they are hardly on the high-profit side. If you are good with the code it works on, you can change it according to the market trends. But this is even more difficult while you are just a beginner.
If you still believe in rising huge profits with EAs, then the best would be MTA 4 / MT5 .
If you want to go by the news updates, the stock updates you see on CNN and Bloomberg are already the discounted prices with the inception of volatility. As the news is out, the Spreads grow, with a high number of re-quotes and slipping stop-losses. So keeping in mind that you a beginner, it is recommended to stay away from new trading until you become a professional in that mode.
cTrader is yet another trading platform similar to MT4 ( Meta Trader 4 ), with more features as it is new to the market. With a better user interface and advanced codes to take stop loss and profit systems, varying chart time frames, cTrader is a good retail trading platformyou can resort to as a beginner.
Based on the market convention, it is the smallest price move that a particular exchange rate results in.
eg : If GBP/USD jumps from 1.3360 to 1.3361, the .0001 USD is considered as 1 pip.
Upto 4th decimal place is considered in most currency pairs. Upto two decimal places considered in Jap Yen pairs.
In literal means, Leverage indicates the control over big things using something small. On the similar tone, Leverage in Forex terms means to control huge transaction in the market with just a small amount in your capital. It involves a great amount of talent and knowledge in Forex domain to take much out on the leverage part of it ( Higher the leverage, higher the risk and higher the profits ! ).
eg : 100:1 leverage means you can control upto $100 with just $1 while 500:1 leverage means you can control $500 with $1
It denotes the brokerage costs and the equivalent replacement in transaction fees. So basically this is the difference between Buy and Sell price denoted in pips. ( In Meta Trader 4 / 5 you can enable the spread column to get the values easily while in ctrader, it will be shown with currency pairs )
The investor takes a loan ( not exactly but will refer to it as loan to get the idea correctly ) from the broker on a short-term basis. This loan is equivalent to the amount of leverage taken by the investor. Before a trade can be placed, it is essential for the investor to deposit the money in the margin account. The Forex margin account is on the equivalent level of an equities margin account.
When an order is implemented, a slippage occurs if there is no limit order. Otherwise, a slippage can occur when there is less favorable rate than that which has been set initially. Slippage is widely linked with High Volatility.
If you are involved in forex trading, the analysis is the major key to success. Looking into daily, weekly, and monthly charts is essential for both short term and long term trading.
The technical analysis revolves around trend lines, support and resistance lines and eventually the indicators based on these.
The fundamental analysis is needed to understand the impact of news and commerce trends of each country on the Global forex system.
Though many believe to invest in the major currencies like the Dollar or the Euro, it is often suggested to go for more of what you see rather than what you believe. It is essential to invest in the currencies that you can significantly see a profit coming in rather than the ones you believe would yield profits later. This is mainly because the market is quite unpredictable and most often assumptions lead to disastrous losses.
So always be up to date with the current trends in the market analysis and align your investments and forex trading accordingly.
Before you jump into the deep pool of the Forex market, it is essential to have a good exposure to the requirements in a viable trading plan. Do read about the Forex Money Management Techniques before you decide on the investments wisely.
When it comes to investments, be it short term or long term, patience is what yields you the money. The longer you wait for the market to change, the larger the income. Again it could be risky, as it is FOREX - the huge trend among most people in any country.
As Forex is completely unpredictable, to get off to a good profit start in this domain, we would like to suggest you use a demo account in one of the online trading platforms, without any investment so as to learn the way the market analysis works. Once you make some good improvements, it is better to begin the journey of Forex ventures through a small investment as low as $1 ~ $200. This keeps you confident enough as you learn along, preventing huge losses and yet good incomes.
You can refer useful Forex Trading articles section to learn about Forex in English and Sinhala in Sri Lanka.
Prathilaba July 21st, 2018
Tags: forex, forex brokers, forex in sri lanka, forex lanka, Forex Trading, Forex Trading for beginners, Forex Trading for beginners in Sri Lanka, Forex trading in English, Forex Trading in Sinhala, Forex Trading Platforms, Forex Trading Risks, Forex Trading terms, Forex Trading Tutorials in Sinhala, Forex Trading Tutorials in Sri Lanka, Fundamental Analysis, IC Markets, iq option, lanka forex, Leverage, Margin, market analysis, money management, Money Management techniques, pepperstone, Pip, Slippage, Spread, technical analysis, TickMill, trade with the trend, What is forex trading, Where to trade forex
- This is no longer available on trading platforms. Instead trade crypto -
Open Trading Network (OTN) is a blockchain based alt crypto currency. The goal or the idea of open trading network is to provide a common platform for blockchain exchange networks.
Only 100 million OTN's will be generated ( In Bitcoin crypto currency the total btc volume is 21 million )in three phases. 42 000 000 OTN tokens will be released to general public by open trading network. Then 28 000 000 OTN tokens will be distributed among the share holders and 30 000 000 tokens will be distributed among possible partners that will help the network to grow.
Bitcoin ( Main crypto currency ) didn't worth a penny at the beginning but today it is almost over $16,000 ( per bitcoin !) So we assume with time the OTN price too will go higher from current price.
You can get some more idea about OTN token from below video too.
IQ Option is the main sponsor of OTN Token. So when you trade any type of crypto using the IQ Option trading platform, you will receive a certain amount of OTN token's as a gift. More you trade more you get !
Getting OTN to OTN wallet
In IQ Option trading application, choose "OTN TOKENS" ( Number 1 ) from the left hand side menu bar. Then from the window as shown in below screenshot, you will be able to know the amount of OTN tokens in your account. If you want to transfer the OTN's from IQ Option to a OTN wallet, you may do it using "WITHDRAW" ( Number 2 ) button ( myetherwallet or any ERC-20 Tokens supported wallet can be used ). In the next window that you will get, enter the amount and wallet address to proceed with the withdrawal ( If you send to wrong address, you may loose the OTN's as they cannot be recovered. So make sure the wallet address is correct before sending any OTN Tokens. )
( In order to withdraw OTN tokens, you require a verified IQ Option Account and at least 10 OTN token in your IQ account )
You can buy OTN tokens from any of the below crypto exchanges.
Trading & Crypto investments do carry a high level of risk. Therefore invest only what you can afford to take a risk with guys !
Prathilaba December 12th, 2017
Tags: crypto currency, crypto currency brokers in sri lanka, Cryptocurrency, ether, free Open Trading Network, free otn token in sinhala, free otn tokens, how to trade crypto currency in sri lanka, iq option, Open Trading Network, Open Trading Network in SInhala, otn, OTN sri lanka, otn token, otn token in english, prathilaba, prathilaba.com, sri lanka
- This is no longer available on trading platforms. Instead trade crypto -
Open Trading Network (OTN) කියන්නේ බ්ලොක් චේන් එක පාදක කරගෙන ආරම්භවුණ ක්රිප්ටෝ මුදල් ඒකකයක්. මෙහි මුලිකම අවශ්යතාවය එහෙමත් නැත්තම් ඉල්ලකය වන්නේ සියලුම බ්ලොක් චේන්වලට එකම ජාලයක් හරහා හුවමාරු කරගැනීමේ අවස්ථාව සලසා දීම.
OTN ටෝකන් මිලියන 100ක් තමයි නිපදවෙන්නේ ( හරියට බිට් කොයීන් මිලියන 21ක් දක්වා උපරිමයක් නිපදවෙනවා වගේ ) අදියර තුනකින්. පළමු අදියරේදී OTN ටෝකන් 42 000 000 බෙදා හැරීම සිදුවෙනවා. ඉන්පසු OTN ටෝකන් 28 000 000 කොටස්කරුවෝ අතරත් සහ OTN ටෝකන් 30 000 000 මෙයට ශක්තියක් වියහැකි හවුල්කරුවෝ අතරත් බෙදා දීමට ඔවුන් බලාපොරුත්තු වෙනවා.
බිට්කොයීන් ( ප්රධානම ක්රිප්ටෝ මුදල් ඒකකය ) එක ආරම්භයේදී කිසිදු වටිනාකමක් තිවුනේ නෑ නුමුත් අද වෙන විට බිට්කොයීන් එකක් $16,000කට වැඩි වෙනවා ඉතින් OTN එකත් අපි හිතනවා කාලයත් සමගම ඉහල මිලක් ලැබෙයි කියලා.
පහත වීඩියෝ එකෙන් තව අවබෝදයක් ඔබට ගන්න පුළුවන්
IQ Option ආයතනය OTN ටෝකන්හි ප්රධාන අනුග්රහකයා වනවා. ඔබ ඕනෙම ක්රිප්ටෝ මුදල් ඒකකයක් ඔවුන්ගේ ට්රේඩින් මෘදුකාංගය හරහා ට්රේඩ් කිරීමේදී ඔවුන් විසින් නොමිලේ OTN ටෝකන් ප්රමාණයක් ලබාදෙනවා. ඉතින් වැඩි පුර ක්රිප්ටෝ ට්රේඩ් කරද්දී වැඩි පුර ප්රමාණයක් ඔයාට නොමිලේම OTN ටෝකන් ගන්න පුළුවන්.
OTN Wallet එකකට OTN ලබාගැනීම
ඔයාට IQ Option මෘදුකාංගයේ වම් පස ඇති "OTN TOKENS" ( අංක 1) කියන ලින්ක් එකෙන් කොච්චර ටෝකන් තෑගි විදියට ඔයාට ලැබිලා තියෙනවද බලාගන්න පුළුවන්. OTN ටෝකන් ටික ඔයාට ඕන නම් wallet එකකට ගන්න පුළුවන් ( myetherwallet හෝ ERC-20 Tokensවලට සහයෝගය දක්වන ඕනෙම wallet එකක් පාවිච්චි කරන්න පුළුවන්. ). "WITHDRAW" (අංක 2) ලින්ක් එකට පිවිසෙන්න. ඉන්පසු ලබාගන්න යන ප්රමාණය සහ ඔබගේ wallet address එක සදහන් කරන්න ( හොදින් පරික්ෂා කරන්න ඔබ යෙදවූ wallet addressහි නිවැරදි භාවය. යම් විදියකින් වැරදි wallet එකකට යැව්වොත් නැවත ගන්න බෑ හොදේ )
( OTN withdraw කරගැනීමට ඔබගේ IQ Option ගිණුම verify කරගෙන තිබිය යුතු අතර අවම වශයෙන් OTN 10ක්වත් ගිණුමේ තිබිය යුතුය )
ඔබට පහත තිබෙන ඕනෙම ක්රිප්ටෝ මුදල් හුවමාරු කරන වෙබ් අඩවියකින් මිලදී ගැනීම සිදුකරන්න පුළුවන්
ට්රේඩින් වගේම ක්රිප්ටෝ ආයෝජන කියන්නේ යම් ඉහල අවදානමක් තියෙන අයෝජන වර්ගයක්. ඒක නිසා අවදානමක් ගන්න පුළුවන් මුදල් වලින් විතරක් ට්රේඩින් වගේම ක්රිප්ටෝ ආයෝජනත් කරන්න යාලුවනේ.
Prathilaba December 12th, 2017
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