Frequently Asked Question
Provided below are the frequently asked questions and answers we have received so far from our experience and feedbacks from all our users.
If none of the questions/answer provided below match what you are looking for, then feel free to contact customer's service.
What is Elite Trade Option ?
Elite Trade Option is a trade-investment company designed to help investors who have no knowledge of trading to make extra profit in the market. FX Option are also known as Forex Options or Currency (Cryptocurrency) Options. They are derivative financial instruments, in particular, Forex derivatives. The FX Option market is the options market with the highest depth and liquidity in the World. Market participants can use different strategies for limiting risks and increasing profits
What is Bitcoin?
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Although other cryptocurrencies have come before, Bitcoin is the first decentralized cryptocurrency - Its reputation has spawned copies and evolution in the space.
With the largest variety of markets and the biggest value - having reached a peak of 18 billion USD - Bitcoin is here to stay. As with any new invention, there can be improvements or flaws in the initial model however the community and a team of dedicated developers are pushing to overcome any obstacle they come across. It is also the most traded cryptocurrency and one of the main entry points for all the other cryptocurrencies. The price is as unstable as always and it can go up or down by 10%-20% in a single day.
Bitcoin is an SHA-256 POW coin with almost 21,000,000 total minable coins. The block time is 10 minutes.
Why use cryptocurrency?
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems. The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database. Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of bitcoin, over 4,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.
How can i join the trade-invest?
Our trade investment platform requires that user must have credited their online Elite Trade Option wallet account before participating in the trade-investment.
What is the minimum or maximum amount for trade-invest?
The minimum and maximum amount for trade-investment varies depending of our system's current assets.
Who can participate in the trade-investment?
All users, from novice to experts. You need not have knowledge of trading to participate in our trade-investment program.