When it comes to money and its investment, it is necessary to study sites and option platforms with high quality. This one offers to study the Binany review in order to weigh the pros and cons, and be sure of the reliability of the company. Binary options offer a fresh and exciting way to trade precious metals, oil, or currency pairs. It’s a financial instrument that’s perfect for those who want to make money without the hassle of complicated financial jargon. The concept is easy: you make a bet on whether the price of an asset will go up or down, and if your prediction is correct, you’ll make a profit. But if you’re wrong, you’ll lose your investment. The name “binary” comes from the fact that there are only two possible outcomes for each trade.
Binany trading is a modern and profitable way to earn money, and binary trading is one of the simplest methods available. You don’t need to be an expert in economics or finance to get started. All you need is the ability to predict whether the price of an asset will rise or fall. This prediction is made by looking at a graph that shows the price changes over time.
Overall, binary options are a great way to get into trading without having to worry about complicated financial concepts. It’s a simple and straightforward process that can lead to big profits if you make the right predictions.
What is Binany trading platform
- Available countries: India, Bangladesh, Malaysia, Indonesia, Thailand, Vietnam, Pakistan, Ghana, South Africa, Nigeria, Brazil, Chile, Mexico
- Binani platform foundation year: 2019
- Language used: English
- Available site currency: Indian rupee (INR), Bangladeshi taka (BDT)
- Popular deposit and withdrawal systems: Perfect Money, PayPall, Neteller, Skrill
- Site product types: trading stocks, currencies, cryptocurrencies, binary options
- App version supported on android
- Available bonuses: +100% on the first deposit for new customers
- Support is available via live chat or email – firstname.lastname@example.org. Technical support works 24/7 and is available for 10 language systems (Russian, English, German, Turkish, French, Indian, Chinese, Vietnamese, Thai, Portuguese)
Options are a type of financial instrument that allows traders to make bets on the value of underlying assets such as shares, precious metals, or currency pairs. The price of an option is dependent on the value of the underlying asset and can be highly profitable, but also carries a high level of risk. On a good day, a small increase in the value of the underlying asset can result in significant profits for the trader. However, the opposite is also true, and investors must be cautious when investing in options.
There are three main types of options: American, European, and Bermuda. European options have a fixed expiration date, while American options can be closed at any time. Bermuda options have time windows during which the trader can close the contract at the current price. Each type of option is suited to different trading strategies and timeframes.
To trade options, traders must first make a prediction about whether the value of the underlying asset will increase or decrease. The trader then chooses an expiration time for the option and waits for the outcome. If the prediction is correct, the trader receives a profit of up to 90% of the amount invested. Binary options are a relatively new financial instrument that provides traders with an easy and straightforward way to trade precious metals, oil, or currency pairs without getting bogged down in complicated financial jargon.
How to register on Binany?
To start trading options, traders must first create an account on the platform by filling in their email, password, and selecting a currency. After completing the data fields, they can click on the “Binany registration” button to proceed. It is important to verify the email address to activate the account, as without activation, traders will not be able to sign up Binany.
How do I login to the Binany platform?
Once registered, traders can login to the Binany platform by finding the login button in the top right corner of the page. If the email address has not been verified, traders should do so before attempting to sign in Binany. After confirming the email, traders will be redirected back to the site where they can open their profile. They can then enter their Binany login details and password provided during registration to access their account and start trading options. While trading options can be highly profitable, it is important to remember that it also carries a high level of risk, and traders should exercise caution when investing.
Deposit and Withdrawal Money
In order to fund your trading account on Binany, simply click on the deposit button located in the top right-hand corner of the platform. From there, select the deposit category and payment system that suits your needs. Once you have made your selection, enter the desired amount and click continue. It is important to keep in mind that the minimum deposit Binany is 50 INR/BDT, while there is no Binany maximum deposit limit.
The transaction will be processed as quickly as possible, so you can start trading options right away. If you ever need to withdraw funds from your account, simply select the “Binany withdrawal” option from the site menu. From there, choose your preferred payment system and enter the amount you wish to withdraw. You will also need to provide your wallet number and submit a withdrawal request.
Popular currency pairs for trading in Binany
The currency pair in the binary options industry is a common asset among binary traders.
On Binany com, the popular currency pairs are:
The binary options industry offers a variety of assets to trade, but the currency pair is one of the most common among traders. On Binany, traders have access to a range of popular currency pairs, including GBP/USD, EUR/JPY OTC, USD/JPY OTC, NZD/CAD, GBP/USD OTC, and GBP/NZD. Each pair has its own unique characteristics, with some offering high volatility and frequent breakouts of levels, while others are unpredictable and require more experience to trade effectively. Among these pairs, GBP/USD OTC is currently one of the hottest on the market, attracting many traders looking to capitalize on its potential for profit. However, it is important to remember that trading binary options carries a significant level of risk and traders should always exercise caution and only invest funds that they can afford to lose. By utilizing the powerful tools and resources available on the Binany platform, traders can maximize their potential for success and achieve their financial goals in the exciting world of binary options trading. This pair is popular among predominantly experienced Binany trading participants.
Trading strategy on Binany
As you gain experience, you can explore Binany trading strategy or develop your own. For successful trading, it is important to follow the trend and analyze the market in order to predict price changes. By learning the basic strategy or creating your own, you can create a solid foundation for a trading career. It is important to understand the meaning of trend lines and economic events in order to relate them to likely market outcomes. Price fluctuations are the result of supply and demand for an asset in a unit of time, and Binany trading signals can be useful for beginner traders. However, it is important not to blindly follow them, but to make informed decisions based on manual regulation of actions and participating in trading with an interval of 1 day to a week.
Price impulses are another tool for beginners to use in their trading strategy. Price fluctuations occur as a result of buying and selling, indicating supply and demand for an asset per unit of time.
Trading signals are based on recommendations and market analysis by other traders, and copying their actions can be profitable. However, it’s important not to blindly follow these signals and instead rely more on manual regulation of actions. Participate at intervals of 1 day to a week to correlate your actions and make informed decisions.
Application for trading on Binany
You should note that it is not possible to download App on Google Play. To download Binany app, you must obtain a direct link from the site, find the app at the bottom of the page, click “Download”, and agree to the notification at the bottom of the screen. Once the download of Binany trading app is complete, install the APK file.
Is Binany legal in India?
Due to the absence of adequate government regulations and licenses, companies face challenges in penetrating the India market. However, local traders have access to the options market.
The platform Binany trading is legal in India. Under the terms of the law, the legal entity is located abroad, the site accepts local currency and offers popular payment systems in India. Since the site has an app version, the Binany app is legal in India as it meets all the set conditions.
A BLOCK OF QUESTIONS AND ANSWERS
Can I get my first deposit bonus twice?
This bonus is a one-time bonus and is provided only to new clients on their first deposit.
Can I withdraw INR to e-wallets in other currencies?
It is possible, but we recommend that you take into account the current conversion rate
Do I need to create a separate account for trading in the app?
All versions are synchronized with each other, which facilitates the work of clients and does not require data duplication.
Is Binany safe in India?
We guarantee the security of your data and banking operations, having more than 3 years of experience. However, do not forget that any options are associated with risk and, first of all, the guarantee of success falls on your shoulders.