What are Parimutuels?
Parimutuel options allow traders to take bullish or bearish positions on popular cryptocurrencies such as Bitcoin and Ethereum in the most familiar and common technical timeframes (1-minute, 5-minute, 15-minute, 1-hour, and 1-day). Hxro’s Parimutuel Options maximize liquidity by grouping traders taking the same position into pools which share proceeds proportionally at expiration.
- Trade Bitcoin and Ethereum Parimutuels
- Express Pricing Through Distinct Time Intervals
- Create Custom Strategies Based on Data Analysis
- Standardized Start and End Times
Parimutuel Markets are peer to peer, dual-outcome event markets where all positions are pooled together with the in-the-money (or winning) side sharing the pool pro-rata.
Choose a Coin.
Choose a Timeframe.
Choose to Enter Up or Enter Down.
Lock in your Position.
Get Started in 3 Easy Steps
Getting started on the Hxro Platform is easy. Simply fill out a quick and easy application, fund your account with cryptocurrency, and start trading. It’s that simple.
Fill out Quick Application
First, you must complete a KYC process. Information may include: Full Name, Country of Residence, and State/Province/Region of Residence. To get verified you will need to upload specific documents proving your identity and a recording of your face. Approved documents include: a Drivers License, Passport, OR National ID, AND Proof of Residency.
Fund your account with crypto
In order to trade TixWix you must add funds to your TixWix Wallet Balance. TixWix Wallet balances and contract entries are denominated and paid in USD/Stablecoins. Fund your TixWix wallet by transferring coins from your Hxro Wallet into USD/Stablecoins. Transferred funds will be converted to USD/Stablecoins balance and will be immediately available in your TixWix wallet.
Please note: You must complete Tier 1 or Tier 2 KYC Verification to make TixWix transfers.
trade bitcoin and crypto options
Trade TIX and WIX options, and parimutuel contracts using your funded Hxro wallet.
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