Invest Bitcoin with IQ Option

Bitcoin is the most valuable cryptocurrency, the volatility of which is becoming increasingly high every day, especially with the trend towards decentralized finance. With IQ Option, you can learn how to invest bitcoin and enter the market at the most favorable moment.
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ZERO COMMISSION
We don't levy a commission for deposits in bitcoins.
TRUSTWORTHY DEPOSITS
Bitcoin Deposit on our platform, safely and fast.
ROUND-THE-CLOCK TRADING
IQ Option pursues a full customer support policy 24/7.

Is Bitcoin legal in Turkey?

Cryptocurrency is an alternative to fiat funds. In many countries, such as Turkey, it is concerned with the decentralized finance sector and it is becoming more and more popular. Over the past 5 years, more than 7,000 startups have appeared in Turkey, in particular with blockchain and bitcoin. This may indicate that:


Turkish authorities do not yet regulate work in the field of cryptocurrencies

Turkish business favors cryptocurrencies

Turkish law does not prohibit the use of cryptocurrencies and bitcoin in particular


Over the past 30 years, Turkey has evolved from a developing country into one of the leaders in the Middle East investment market. This is due to the influx of capital from other countries of the Middle East, the creation of its industrial complex and the development of a domestic demand market. Due to these factors, as well as its favorable geographical position, Turkey is one of the most interesting regions for bitcoin investment.

Now Turkey is showing the strongest growth out of all the nations of the Middle-East region (after the Emirates), with an ability to attain 10–11% growth, probably over the next 5 years. These elements make Turkey more essential in the worldwide arena. Also, the democratic nature of cryptocurrencies allows us to say that Bitcoin and other altcoins will feel comfortable in Turkey.
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IQ Options' Main Benefits

How do I make a Bitcoin deposit?

IQ Option supports a lot of cryptocurrencies and you can send any of them to the exchange. For each account, the appearance of the icon will be slightly different, because its content is determined based on the first two letters of your email address.

Once the dropdown menu has been activated, you will be given an overview of your profile. Click on "Deposit" and you will be redirected to the page for the transfer of cryptocurrency. On this page, you can choose which of the coins you want to send. IQ Option supports deposits for more than 150 cryptocurrencies. Sometimes deposits for certain tokens and coins will be unavailable due to wallet maintenance.

Depending on the asset you have chosen, the deposit process may be slightly different from the rest. In the case of BTC, you must specify a parameter such as MEMO when depositing these coins on the Binance Exchange. After reading the warning, confirm the fact that you've checked it, after which you can continue the process of depositing funds.

After reviewing the warning, your BTC deposit address will be displayed on the screen along with MEMO. If you do not specify MEMO during the operation, your deposit will be lost.
WHY IS MEMO NECESSARY?
Since the deposit address for BTC is identical for all users, MEMO acts as a unique identifier that is assigned to your account and uses the exchange to identify the deposit and transfer funds to your balance.

After that, if you did everything correctly, the funds will be credited to your account in IQ Option to have your bitcoin profit.

IQ Option offers a variety of deposit methods to its clients: bank cards, popular money transfer services, and Bitcoin. On the IQ Option platform, making a Bitcoin deposit consists of three main steps.

Please note that it does not matter which account currency you use: when making a deposit, the cryptocurrency will be automatically converted into your account currency.
ONE
Log in to your account and press the "Deposit" button.
TWO
On the deposit page, select "Bitcoin" as your payment method. Enter the deposit amount in your account currency and click "Proceed to Payment".

Note: The system will ask you to provide the address of your withdrawal wallet, where the deposited amount will be sent back in case of a deposit failure.
THREE
The system will generate an address (invoice) for you. Open your digital wallet, copy the address and send the exact amount of BTC as stated in the invoice to the generated address.

Note: You only have 30 minutes to pay the invoice. If this time limit is exceeded, you won't be able to send the digital assets to your IQ Option account.

About Bitcoin

Bitcoin system is a new generation of decentralized digital currency, created and working only on the Internet. Nobody controls it; currency emission occurs through the work of millions of computers around the world using a program for calculating mathematical algorithms. This is the essence of bitcoin.

For bitcoins, you can also buy anything on the Internet, like for dollars, euros or rubles, and it is also traded on exchanges. The most important difference between bitcoin and all other forms of money is decentralization. No institution in the world controls bitcoin. In terms of independence, this is a plus, but for some, this situation may cause distrust.

This currency is not printed by the central bank and does not work according to its rules. Banks can issue as much money as they like to cover the public debt, thereby depreciating their currency.

On the contrary, the issue of bitcoins is possible only in digital form, and anyone can start mining bitcoins at any time. Bitcoin mining occurs through the use of computer computing power in a distributed network. When transferring bitcoins, transactions are processed by the same network, turning bitcoin into an independent digital payment system.

Anyone in the world can run a script to extract bitcoins on their computer and feel like a central bank in miniature. The source code of the script is published in open form, everyone can see how it works. To make it easier, there are now numerous training sessions on how to mine, how to buy and how to sell bitcoins.
What is Bitcoin?
Launched in 2009, Bitcoin was the first cryptocurrency in the world. It has the highest value among all other cryptocurrencies. In March 2020, its value constituted 65% of the total cryptocurrency market cap. It is true that one Bitcoin costs several thousand dollars. Some traders that do not have a lot of money may wonder how to invest Bitcoin in this situation. The good news is that it is possible to invest Bitcoin by acquiring its tiny units — the satoshis. One satoshi is equal to 0.1 Bitcoin.

In the fourth quarter of 2019, there were 293,447 BTC transactions every day worldwide, reported the online statistics service Statista. Being a virtual currency, Bitcoin is accepted by thousands of online and offline merchants all around the globe.
How does Bitcoin differ from forex?
Forex, short for foreign exchange, is the largest and most liquid market in the world. In 2019, its average daily turnover was $ 6.6 trillion. Unlike the forex market, the cryptomarket is relatively small and cannot boast high liquidity. Various sources estimate the average trading volume of Bitcoin differently, but it does not exceed several billion dollars a day. In this context, the Bitcoin market, whose market capitalization was $ 125 billion as of March 25, 2020, as per CoinMarketCap, loses to the massive forex market.

Bitcoin is a digital asset that is not controlled by any official authorities; it is decentralized and unregulated. Currencies that are objects of forex trading are regulated by governments or central banks. Official bodies in every country can exercise control over their national currencies and influence their rates and inflation through a variety of measures.

The cryptomarket is open for trading 24/7, while the forex market is available only 24/5. The Bitcoin market provides more opportunities for those who want to invest in this digital asset. Due to its high volatility, Bitcoin can be viewed as an attractive asset both for short-term and long-term investors.
How to invest in Bitcoin effectively?
Bitcoin is currently the most liquid and valuable cryptocurrency in the world. With this in mind, a retail investor can decide how he wants to invest Bitcoin in Turkey and how to do this successfully. Investing, no matter where you live and trade, means buying low and selling high. Investing usually implies a long-term strategy: a retail investor or an institutional one buys an asset expecting that its value will increase in the long run. When the price of the asset reaches a high level, the investor will sell it and earn a profit.

How can one figure out when the price of the cryptocurrency will start rising? It is hard to predict exactly what the price will be, but some practical tools can help traders to analyze trends and forecast price movements. These instruments include fundamental and technical analyses.

Fundamental analysis is based on the events from a country's economic and political life. If we apply this to the crypto industry, we should keep an eye on how the cryptocurrency market is doing. Take into account whether online and offline businesses are accepting the cryptocurrency more eagerly, how the technology behind a specific project is developing, if governments are becoming more loyal to cryptocurrency, etc. Some analysts believe that Bitcoin is related to traditional markets, like the stock market or the commodity market. Their opponents assert that the world's top digital asset is not correlated to anything. Notwithstanding the opposite perspectives, it may be a good idea to keep track of traditional markets when you monitor how Bitcoin behaves. To make it easier for you to follow the industry-related events and news, we have integrated a crypto calendar into our platform. The newsfeed and the economic calendar are available on IQ Option.

Technical analysis helps traders forecast the price of an asset based on its historical price data and trends. IQ Option offers more than 100 technical indicators that can assist you in predicting the price direction. Watch our video tutorials and read the articles in our official blog to learn how to apply the available trading indicators.
How is the Bitcoin price determined?
Unlike conventional currencies, Bitcoin's supply is limited to 21,000,000 BTC. Currently, there are 18,286,025 BTC in circulation (data as of March 25, 2020).

The Bitcoin price depends on its supply and market demand. The greater the demand, the higher its price, and vice versa.

The Bitcoin price may also be influenced by the cost of its production, also known as mining costs. Some other factors may have an impact on the value of Bitcoin too. These may include official announcements regarding Bitcoin regulation, the increasing number of cryptocurrencies that attempt to rival Bitcoin, the number of exchanges where Bitcoin is listed, and some other factors.
How is the Bitcoin transaction fee determined?
A Bitcoin transaction is usually accompanied by a fee. Fees are needed for remunerating miners that confirm transactions in the blockchain. Transaction fees are usually small and not correlated with the amount of Bitcoin sent or received.

Transaction fees are set by digital wallets. You can usually adjust the transaction fee manually as you see fit.
Does IQ Option charge a fee for Bitcoin deposits?
IQ Option does not charge any fees or commissions for Bitcoin deposits. You may incur blockchain fees, also known as transaction fees or processing fees. This will happen when you make a Bitcoin deposit or withdraw the deposited amount to your digital wallet in case your deposit is unsuccessful.

Processing fees are the intrinsic quality of the blockchain, a public distributed ledger where all information about Bitcoin transactions is stored. Every crypto transaction added to the blockchain needs to be verified by miners. When miners validate transactions, they receive rewards for such operations. This is how blockchain fees occur.
Bitcoin didn't appear in my IQ Option account. What should I do?
There are several reasons why this might happen:

  • 4 hours have not passed since the transaction was initiated.
  • You have not paid the invoice within 30 minutes.
  • You have not received the first confirmation within 30 minutes after paying the invoice.
  • You have not received three confirmations within 24 hours since the transaction was initiated.
  • You have not initiated the transaction from our deposit page.
  • You have used the wrong address to send your digital assets.

There may be other reasons, such as security or technical issues.
If you encounter difficulties, please contact our customer service at support@iqoption.com. Provide us with a screenshot of the transaction and the transaction code. We will do our best to solve your issue as soon as possible.
What is Bitcoin?
Launched in 2009, Bitcoin was the first cryptocurrency in the world. It has the highest value among all other cryptocurrencies. In March 2020, its value constituted 65% of the total cryptocurrency market cap. It is true that one Bitcoin costs several thousand dollars. Some traders that do not have a lot of money may wonder how to invest Bitcoin in this situation. The good news is that it is possible to invest Bitcoin by acquiring its tiny units — the satoshis. One satoshi is equal to 0.1 Bitcoin.

In the fourth quarter of 2019, there were 293,447 BTC transactions every day worldwide, reported the online statistics service Statista. Being a virtual currency, Bitcoin is accepted by thousands of online and offline merchants all around the globe.
How does Bitcoin differ from forex?
Forex, short for foreign exchange, is the largest and most liquid market in the world. In 2019, its average daily turnover was $ 6.6 trillion. Unlike the forex market, the cryptomarket is relatively small and cannot boast high liquidity. Various sources estimate the average trading volume of Bitcoin differently, but it does not exceed several billion dollars a day. In this context, the Bitcoin market, whose market capitalization was $ 125 billion as of March 25, 2020, as per CoinMarketCap, loses to the massive forex market.

Bitcoin is a digital asset that is not controlled by any official authorities; it is decentralized and unregulated. Currencies that are objects of forex trading are regulated by governments or central banks. Official bodies in every country can exercise control over their national currencies and influence their rates and inflation through a variety of measures.

The cryptomarket is open for trading 24/7, while the forex market is available only 24/5. The Bitcoin market provides more opportunities for those who want to invest in this digital asset. Due to its high volatility, Bitcoin can be viewed as an attractive asset both for short-term and long-term investors.
How to invest in Bitcoin effectively?
Bitcoin is currently the most liquid and valuable cryptocurrency in the world. With this in mind, a retail investor can decide how he wants to invest Bitcoin in Turkey and how to do this successfully. Investing, no matter where you live and trade, means buying low and selling high. Investing usually implies a long-term strategy: a retail investor or an institutional one buys an asset expecting that its value will increase in the long run. When the price of the asset reaches a high level, the investor will sell it and earn a profit.

How can one figure out when the price of the cryptocurrency will start rising? It is hard to predict exactly what the price will be, but some practical tools can help traders to analyze trends and forecast price movements. These instruments include fundamental and technical analyses.

Fundamental analysis is based on the events from a country's economic and political life. If we apply this to the crypto industry, we should keep an eye on how the cryptocurrency market is doing. Take into account whether online and offline businesses are accepting the cryptocurrency more eagerly, how the technology behind a specific project is developing, if governments are becoming more loyal to cryptocurrency, etc. Some analysts believe that Bitcoin is related to traditional markets, like the stock market or the commodity market. Their opponents assert that the world's top digital asset is not correlated to anything. Notwithstanding the opposite perspectives, it may be a good idea to keep track of traditional markets when you monitor how Bitcoin behaves. To make it easier for you to follow the industry-related events and news, we have integrated a crypto calendar into our platform. The newsfeed and the economic calendar are available on IQ Option.

Technical analysis helps traders forecast the price of an asset based on its historical price data and trends. IQ Option offers more than 100 technical indicators that can assist you in predicting the price direction. Watch our video tutorials and read the articles in our official blog to learn how to apply the available trading indicators.
How is the Bitcoin price determined?
Unlike conventional currencies, Bitcoin's supply is limited to 21,000,000 BTC. Currently, there are 18,286,025 BTC in circulation (data as of March 25, 2020).

The Bitcoin price depends on its supply and market demand. The greater the demand, the higher its price, and vice versa.

The Bitcoin price may also be influenced by the cost of its production, also known as mining costs. Some other factors may have an impact on the value of Bitcoin too. These may include official announcements regarding Bitcoin regulation, the increasing number of cryptocurrencies that attempt to rival Bitcoin, the number of exchanges where Bitcoin is listed, and some other factors.
How is the Bitcoin transaction fee determined?
A Bitcoin transaction is usually accompanied by a fee. Fees are needed for remunerating miners that confirm transactions in the blockchain. Transaction fees are usually small and not correlated with the amount of Bitcoin sent or received.

Transaction fees are set by digital wallets. You can usually adjust the transaction fee manually as you see fit.
Does IQ Option charge a fee for Bitcoin deposits?
IQ Option does not charge any fees or commissions for Bitcoin deposits. You may incur blockchain fees, also known as transaction fees or processing fees. This will happen when you make a Bitcoin deposit or withdraw the deposited amount to your digital wallet in case your deposit is unsuccessful.

Processing fees are the intrinsic quality of the blockchain, a public distributed ledger where all information about Bitcoin transactions is stored. Every crypto transaction added to the blockchain needs to be verified by miners. When miners validate transactions, they receive rewards for such operations. This is how blockchain fees occur.
Bitcoin didn't appear in my IQ Option account. What should I do?
There are several reasons why this might happen:

  • 4 hours have not passed since the transaction was initiated.
  • You have not paid the invoice within 30 minutes.
  • You have not received the first confirmation within 30 minutes after paying the invoice.
  • You have not received three confirmations within 24 hours since the transaction was initiated.
  • You have not initiated the transaction from our deposit page.
  • You have used the wrong address to send your digital assets.

There may be other reasons, such as security or technical issues.
If you encounter difficulties, please contact our customer service at support@iqoption.com. Provide us with a screenshot of the transaction and the transaction code. We will do our best to solve your issue as soon as possible.

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