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Binary Trading Basics: Getting Started with Binary.com

For those who are interested in the adventures of online assets trading, Binary.com is a place that represents a uniquely approachable and easily-understood way of trading currencies, stock indices, and commodities. Binary trading gets its name because there are always one of two available outcomes that occur (win or lose), hence the name “binary”. You receive a payout for correct predictions or lose the initial stake based on whatever outcome occurs. Execute a Binary Contract in Just 4 Decisions! First, you need to choose which asset you want to trade. Could be gold, could be oil, stocks, or FX rates. A binary option’s value is determined by the price of the underlying asset. One large advantage of trading binary options is that you aren’t actually buying or selling the physical asset. You’ll also need to determine your trade duration. Each and every binary contract will run for a set amount of time. For instance, at Binary.com our clients can choose their contracts spanning...