Trading is a reliable way of making money these days. Though it's risky in terms of business people like to invest in a business like this. There is a wide variety of trading opportunities with various advantages and disadvantages. Binary options trading is one of them.
What are Binary Options?
A binary option is a financial product where investors either get a fixed amount of money or lose all the money after a certain time expires. It's an automation method where everything will be done according to agreements. It's a very simple way of trade user's assets only by predicting the market will go up or down. It's well known for its simplicity to trade.
Why Trading on Binary Options?
There are different types of trading like forex, crypto trading, Future trading, Binary option, etc. From all these Binary options is the simplest trading method of all. Users can join any trade only by selecting yes or no. If he predicts it right then he will be credited based on his investment amount or if his answer is wrong then he will lose all. Its that simple.
Though it looks like a risky investment plan I think there is not any legal business where there is not any risk of losing money. It's part of the business so those who can guess market movements by measure the market can choose the Binary option. It offers a huge return on investment.
What is Thisoption?
Thisoption is a Binary options trading platform that is a product of the Thisoption ecosystem. It was founded in 2016 and it has over 700,000 members and still growing in numbers. The team is working to make this platform faster and easy to use.
Investors can earn up to 80% of their investment amount in just 60 sec. Users will get more than 100 assets to trade which is accessible from any device.
Is Thisoption is good for trading?
This is a huge platform for traders to earn a good amount of return on investments in a short period of time. This platform contains advanced tools and features for trades and their support system is very active and helps their users in any situation. Every type of traders no matter he is pro or new can participants on the platform and the support is there to help them to learn about the markets and how to trade.
Like other binary options trading platforms, Thisoption will also provide the cryptocurrency market paired with fiat. This will bring more liquidity and speed to the platform. Till now apps are not available for the markets but the team has a plan to make one with AI so that it gives users more advantages.
How you can join?
Anyone who is above 18 years can join the platform. They need to provide valid documents for KYC and the minimum investments for start trading are 50$. Now I am going to show you how you can join.
- First, go to https://thisoption.com/ and click sign up. You will face an interface like this.
Fill all the empty fields with correct information the click next.
Now put the activation code that you got in your email.
- Now you can log into your account and make your first deposit to start trading which must be above 50$.
There are bonuses and referral programs for the users too.
Advantages of Thisoption trading?
There are some advantages of Thisoption which can be described as below.
Thisoption platform support a wide variety of trading assets which is over 100 for now and more will be added.
A very simple and user-friendly interface that increases the chance of successful trade.
Users can make 80% of their investment amounts in just 60 sec.
Traders can participants in any trade only by choosing a call/put option which is very simple and anyone can use it.
Support a wide range of payment gateway for deposit and withdrawal.
very active and helpful customer service.
Conclusion
The binary option is very popular for its simplicity and advantages of making huge profits in a very short period of time. Though its a very huge market there is still a lack of good exchange that can provide good trading experience and supports. Thisoption has the potential to dominant in this sector of finance.
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Author: @thorex25
Disclaimer
This article is not meant to give commercial or any other kind of advice. It is just an informative text at all.