Is Binary Options the same as trade for you?
What are the differences?
The differences between the two:
Binary Options Trading
1. It is a gambling site. 1. Its an exchange platform where you can choose coins.
2. You play betting in the games. 2. You do trade your coins whether buy order/sell order
3. Once you bet you cannot change it. 3. Once you put the price you like, you can revoke it
so far this is the things pop up in my mind, and what good about in trading is you can analyze, prediction always apply on the exchange.
Well the first one that you mention is also what i understand about binary option you are just playing gambling betting with the possibility whether the price will go up or down similar when you are playing dice or high and low unlike with trading you have a lots of time and lots of chances to change your mind and edit your investment.