Step 1: Pick an option
You can choose to create an option on the rise
of the price of bitcoin
on bistamp in a certain time from now.
Right now, we offer the possibility to create options on different timeframes:
- 15 minutes
- 3 hours
- 1 day
- 3 days
- 1 week (7 days)
Depending on the option you want to create, you will be offered a price multiplier
. This is used to determine how much you win as such: you will receive (your option * your option's price multiplier).
You can check the current price multiplier offered for each option on the site front page.
Step 2: Send your Bitcoins
If you chose to create an option on the rise of the price, send your coins to 1up3hyCXBeaa97FkCsw8XiWS2bJnrsRgJ
If you chose to create an option on the fall of the price, send your coins to 1DoWn3HvQszJuiyzUN2YBXwCFLynew6JnW
Please be carefull to send coins inside the boundaries, or else the option will be denied and returned to you when it's closed, minus the usual transaction fees.
Right now, the minimum accepted option is 0.01 BTC for a maximum of 1 BTC but you are allowed to create as many options as you want.
Step 3: Follow the price variations on a real time feed
We recommend bitcoinwisdom
to follow the trades made on bitstamp in real time.
Step 4: Get paid!
If you have an option on the rise and the price is higher of 1 satoshi or more 3 hours later, you win!
If you have an option on the fall and the price is lower of 1 satoshi or more 3 hours later, you win!
Sit back, relax and enjoy a glass of fine cognac, Sir or Madam, because you have nothing to do to collect your winnings: it will be sent directly to the address you used to create the option.
Step 5: Plan your next move!
Retire in Jamaica ?
Raise an army of robots to conquer the world ?
Anything is possible with those sweet, sweet Bitcoins!
Want more ?
You can consult our FAQ
to get more information about our service and how it works.
If you still have unanswered questions or feedback, feel free to contact us
We'd love to hear from you!