<h1>Binary Trading Basics: Getting Started with Binary.com</h1>

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 from 10 seconds to 1 year (365 days).

You can choose four different ways to trade any particular asset at Binary.com. Rise/fall means you predict the market either rising or falling from its current position. That is not to be confused with higher/lower, where you predict whether or not the market ending higher or lower on a particular price target. There’s also touch/no touch, which entails predicting the market touching or not touching a price target, and, finally, in/out trading, which entails properly predicting the market to stay in or outside of a particular price target (two fixed price points).

You Pick Your Payout

You can specify what your own payout is going to be, which means you determine your potential return should your prediction be correct. We then calculate your stake, which ends up being the total cost of purchasing your contract with Binary.com. We offer payouts within the $1 to $50,000 range.

Contact Binary.com today to learn more. If you have any lingering questions, we’d love to enlighten you and open up a new world of products and trading services.