Binary Options are the most popular trading instrument at BinaryTilt and are by far the easiest tool for trading, especially for beginners. BinaryTilt’s binary option trading platform allows you to choose any of the available assets from the drop down menu, and a range of expiries, every 10 minutes depending on your chosen asset.
A trade can be placed in four simple steps:
1. Choose the asset you want to trade.
2. Select your desired expiry time.
3. Enter the amount you wish to invest.
4. Predict whether the price of the asset will expire at a higher or lower price.
If the asset price exceeds the pre-determined goal rate, at the time of expiry, the option finishes in-the-money and is settled with a payout equal to the amount of the investment.
In the event the asset price does not reach the pre-determined goal rate, at the time of expiry, the option finishes out-of –the-money and the investment is forfeited.
If the asset price equals the pre-determined goal rate, at the time of expiry, the option finishes at-the-money and the original investment is returned to the traders account.
You can easily follow the status of ongoing trades at the bottom of the BinaryTilt’s Platform page or from your account portfolio page.