Bitcoin is the most popular cryptocurrency, and has also become a popular funding method for binary options traders looking to fund their trading account. Among the main reasons for this is that bitcoin is a public network that anyone can join, regardless of laws, regulations, or banks in their home country.
Because of the way bitcoin payments work, they represent an ideal payment method for traders without access to reliable banking services. Likewise, it could also prove useful for traders in countries where the government restricts access to binary options brokers. Depending on how congested the bitcoin network is, bitcoin payments are usually far faster and cheaper than international bank transfers.