With the Ethereum cryptocurrency offered by exchanges for sale, hedge funds, speculators and retail traders join the crypto market in a hunt for profit. When the wolves join a market, you can expect bubbles and bloodbaths, which we already witnessed in 2017 and 2018.
Bitcoin, also known as digital gold, is an electronic cash system that allows direct payments between wallets. Transactions could be approved in minutes without an intermediary financial institution. The cryptocurrency is used globally and is an alternative to all fiat currencies, such as U.S. dollars, Euros and Yens.
First things first, the binary options industry is not an “ideal world”. Sorry to burst your bubble, but this industry is not free of scammers and people who are just hunting your money under the guise of being your friends.
Are binary options gambling? We consider that both entirely false and entirely true. In fact, binary trading is similar to spread betting because you don’t actually own the underlying asset; you simply speculate whether the price will rise or fall.