↕️Binary Options
Last updated
Last updated
Binary options allow the user to speculate on the short-term price action of an asset.
The trade has a fixed duration which can be set from a minimum of 4 minutes to a maximum of 4 hours. If the options closes in the money, the payout is 70% of the collateral. If the options closes out of the money, all the collateral is lost.
There are no fees but a spread is applied to the opening price. All trades are executed instantly with guaranteed prices.
When an option is opened, 5% of the collateral value is distributed to stakers: 3.5% to TIG stakers and 1.5% to tigUSD stakers. The collateral from a losing option remains inside the trading vault and raises its collateralization.
Is possible to refer traders to earn a percentage of their trading volume.