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(*) In finance, a binary option is a type of option where the payoff is either some fixed amount of some asset or nothing at all.
(*) In binary options trading, traders speculate on how much its value will fluctuate. Instead investors simply predict the value of the asset being higher or lower by the end of a given time period known as an expiry date, typically on an hourly basis. Predict correctly and earn 78% profit. Get it wrong and get a return of up to 10% of your investment.
See an example at: [obscured] /2011/10/a-binary-options-trading-example/
(*) A benefit of binary options trading is the simplicity with which these sorts of trades can be completed. Nevertheless, those who are new to binary options or who are unfamiliar with trading terms and protocol in general may find binary options confusing at first.
(*) A basic understanding of how binary options work is essential for profitable trading, and can help people decide whether binary options are right...
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