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What are Binary Options – Hello everyone, how are you all, I hope you are always in good health, yes…, Binary options are a financial exotic option where the reward is in the form of a fixed amount of money or nothing at all. The two main types of binary options are cash or nothing binary options and asset or nothing binary options.
What is Binary Options
Binary options are online trading instruments whose way of working is by requiring traders to be able to predict or guess the price of an asset will be able to move up or down within a certain period of time. Traders can choose the assets to trade, generally in the form of a currency, stock index, crypto, to commodities. If you have determined the assets that have been traded, then traders must be able to risk some of the capital they have in order to make a profit. The Binary Option will be executed automatically, which means the profit or loss is automatically credited or debited to the account of use when the option has expired. There are only two options, from Binary Option users can receive payments or can also lose their entire investment. In the existence of binary options transactions, there are several terms that are indeed different from the form of terms in a forex, including there is a Call or High (if the price is expected to be rising) and Put or Low (if the price is expected to fall).
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