Monday, October 26, 2020

How profitable is binary options trading?

Greetings! 👋🏻 Today we will tell you about the profitability and benefits of trading binary options on BAEX. 

With binary options, your profit or loss is locked. That is, you will earn a fixed amount depending on how well you speculate on the price of the underlying instrument for the move.

So, if you get $ 100, if Etherum's price rises in the next 60 seconds, that's what you get, whether the price rises to $ 1 or $ 300. If the price falls, you lose your investment.

You don't need to open a cryptocurrency wallet to get started. Trading binary options does not require you to own the underlying instrument, which in this case, could be $ 5000 Bitcoin. This is a good option if you do not want to hold long positions.

In general, there are two options for correctly predicting the price movement and, accordingly, making a profit on binary options.

The first option involves an active analysis of the market situation using fundamental and technical methods to predict the short and medium-term market behavior.

In our opinion, the second option is more popular among traders and involves the use of two main advantages of binary options - the time and distance that the price of the selected asset must "pass" (we will talk about these advantages below). This option is also called "news trading" - quite often; the market reacts to momentary events.

🏆 Benefits of trading binary options on BAEX:

🔹 Simplicity and accessibility of the "mechanics" of binary options;

🔹 Transaction costs - your associated costs will be zero;

🔹 Time - there is a chance to earn, for example, 100% of the invested amount in just one minute;

🔹 Distance - the profit a trader makes does not depend in any way on the distance the price travels.

✅ Also, BAEX is the only binary options system where the profit can exceed 100%! On BAEX tokens, you can trade options on exchange rates and stocks through the blockchain and earn almost instantly! Typically, profits will be in the range of 180 to 220% of the trade volume, but the system automatically adjusts the odds based on the ratio of losses to winnings.

⚡️ Join BAEX today: https://baex.com

https://preview.redd.it/s1ru2p9h8gv51.png?width=1200&format=png&auto=webp&s=df3b9970c18848f3629f1b4260bea3ae14ed00a5


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