Free binary trading information
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
What is Binary Trading?
For many people, Binary trading is a completely new world, and they will have no idea what it is. There’s many factors and Information you need to know to be able to trade and be profitable, but in this short paragraph, i will sum up, what it actually is and how we make money of it it.
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Once you've created your account, you'll see a list of currencies you can trade (EUR/USD, EUR/JPY etc etc...). All the currency prices are always changing, one countries might be worth more compared to other countries and so on. This exchange rate is constantly changing 24/7, so what traders do is try predict whether the rate will go UP (call) or DOWN (put). The rate changes according to things such as the country's financial position, news reports, and press conferences, this all changes the direction of the currencies you will be trading. if it was just blind guessing and predicting, this would all just be gambling, however with techniques, and indicators used to read the live Graphs, it is possible, to have an educated estimate, as to which direction the price will travel thus allowing us to make healthy amounts of money from this!
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
Crypto currencies
Some information on crypto currencies and what they are!
A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.
Bitcoin
Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, numerous other cryptocurrencies have been created. These are frequently called altcoins, as a blend of alternative coin.Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
