How BinBot makes money.

in binbot •  7 years ago 

I’m sure you’re all curious on how BinBot makes their money when they say they are a free, no fee platform. I recently asked them and this is what they said,

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“ We have an exclusive partnership with affiliated brokers, in order to run our algorithm, we need to receive real time data from the financial markets, our algorithm it's neural network based which means that it's an evolving ecosystem which improves every single day. However in order to learn and grow, we need a huge amount of data to operate with, these data we are receiving from our affiliated brokers. From our side we are obliged to provide our services free of charge to our affiliated brokers clients.
We are receiving profits from our side projects, which are focused not only on a financial markets, however data provided is crucial and it's a huge part of our algorithms base. “

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