Bitcoin Forum

I remember some years ago there were many sites to play binary options at.
These days I'm not seeing any major one being advertised. Maybe they were not so profitable for the house? Too predictable? Who knows.
Many sites that run with FIAT money still seem to support binary options though.

I tried to search to see if there's any ads here in bitcointalk to find a site I can trust but was unable to find any. So did crypto binary options just disappear? I sure hope not. If you know any reputable sites that offer binary options gambling please let me know.

https://rollbit.com/trade

You could really be able to put up bets which way crypto prices would go on which it isnt really just that limited to Bitcoin alone but tons of coins that you could choose upon.
The thing i dont like with binary options is that you cant really be able to apply any technical analysis through it on which it would really be that based up with pure prediction
and guess right away but well it isnt considering to be put up on a gambling site if it wasnt been that risky. lol

He should be able to see that also on bc.game https://bc.game/trading/up-down

Can you define what gambling is? This is not under trading discussion but gambling discussion.

Binary options faced regulatory challenges, leading to closures. To stay safe in crypto maybe try to use reputable exchanges offering regulated options and prioritize reliability and user reviews for a secure trading experience

You are still risking but applying trading when you do deal up with binary. Tell me, how you would really be able to pick whether you would really be putting your bet on up or down?
Are you gonna do this blindly or pure picking or you would really be tending to see some charts and making some analysis into it?
We can really say that binary options could be considered gambling basing up on the short duration but we cant really deny the fact that we are also dealing
with trading on which we can make some checking about some candle stick patterns or simply would be able to apply some analysis when making a pick.

Binary option is not trading, it is more about guess work which is to guess if the price of something like bitcoin will be greater or lower than the price that you have your prediction. If a trader wants to trade, he can go for spot or the risky future trading and not binary option. Binary options should be for just gamblers. Like I said, this is gambling discussion, you can see binary option as roulette, blackjack, baccarat and other casino games and nothing more than that.

Yes, its is mostly on gambling but you can see binary options on those trading platforms

IQoption
Tradersway

These are platforms which are actually trading ones but neither on forex markets and made out some options
The difference you could see on gambling sites that they do have that x100-x1000 multipliers on which
these things you cant see on legit binary options site.

Let me ask you this. How you would be guessing your binary options choices in a gambling site? For sure you would be checking
out those charts first. Yes, you do have the point that if someone do like to trade then they would be doing futures instead but it is really
that impossible that you wont really be peeking up into those candle stick patterns before you would be making a choice.

There are still reliable crypto Binary option sites that exist of today, Pocket option, olymptrade ,and IQ option is still in business, but I believe people are gradually moving away from doing business with them due to the fact that most of them are facing government ban or restrictions to operate in certain countries and secondly, I kind of think Binary option is not that profitable because my experience with it was an ugly one, I lost huge amount of money back days and coupled with the fact that people are now more interested in dealing with Cryptocurrency lately.

Why not? You can add your technical analysis indicators on binary. I think you have to use meta5 to be able to do that if I may think but aside from that this board is not a trading board.
I don't think I can see such options in gambling anyway, I know binary options is for those trading and maybe you can ask in the trading board perhaps they can direct you well.

It’s almost impossible now to apply TA on the current Binary trading available on casino since they often use a very short period each round that is almost impossible to predict what’s the result on that given time. Binary option is also being offered by casino not only by exchange so this fits here because this game is on the borderline of being a gambling and trading since it’s mechanics is trading but the risk involved is can be considered as gambling already.


Rollbit and Bc.game offer this feature. Also this website https://bullbear.fun/ offers this kind of game.

I once played a binary option called binomo, but it turned out that binomo cheated and deceived many of its users. This case became a big scandal in my country, millions of dollars flowed to Binomo, after this case was made public, I never tried it again.

I saw that there are some gambling sites that have binary options but I'm not interested in trying them again, I think it's better to bet on popular games because it's more fun. Initially I thought binary options is a trading platform like forex but apparently I was wrong. Sorry I can't recommend anything because I haven't played binary options for a long time

If someone told me to choose between binary options and playing plinko, I wouldn't hesitate in choosing to play plinko, that's because when I discovered bitcoin, I tried just binary options for 1 day and that was a big disaster, because I immediately realized that you don't make money in that. , and it is something that people will spend time trying to guess the direction of the price and they will not get it right, at the end of the day they will lose more compared to playing plinko. Sometimes when I see binary options I get the impression that everything is manipulated, I know what I'm saying seems strange because the chart of this binary options is very similar to the exchange charts, but it seems to have some delay

I only played one day and many years ago, I consider binary options as a game, a game that is not fair, but as it is just my opinion I cannot say much about it. When a person trades, they have options to place indicators such as volume and other technical indicators, they also place support and resistance and trend lines and then they watch the candles to see if there is a trend reversal signal. to buy, even if the person puts it on the 5-minute chart, it is still possible to see all of this and the person can try to predict the price movement. but on binary options websites it is very difficult to have all this and even if they do, when the person observes the movements of the candles, they are normal like on exchanges, but when the person bets that it will rise or fall within 5 minutes, it looks like that the opposite movement that the person bet on runs very quickly

for example the price of bitcoin is at $47,900 and the person bets that in the next 5 minutes the price of bitcoin will fall, then the person starts to see a rapid drop on the chart in the next 5 minutes and loses bet and money and then the speed of falling becomes normal. Maybe it's my impression as I don't even use it, but the few times I saw it, I had this impression

I saw the change too, just like you. Its not just profits or predictability that are changing in online trade. As government scrutiny grew, many companies had trouble keeping up. Im still looking for a place I can trust.

You might find what you need even in places you wouldnt expect. The Binance could begin. Even though they don't advertise it, their wide range of services may be good for binary options. You should look into what they have to offer. Before you sign up, make sure you understand the rules, risks, and credibility.

Not sure if there is binary trading in binance. But rollbit seems reputable already. And there are lots of users playing with you on that platform I can see players are active. There used to be a popular binary trading site here but it's all gone now. 

I see IQoption to be popular but because they are not advertising here, it will be risky for users where you can't complain on the thread. It's still good to see an ANN thread in the forum so that anyone here can see some warnings. That's why i there is one place to go for binary, Rollbit will be the first to start.

I don't know if eToro is still alive as they supported crypto at a certain point yet I don't know if it is supported anymore as also I have not seen many ads about it while a few years ago the ads for eToro were bombarded everywhere in the net.

Now if it is not profitable for the house I doubt it very much because for the house these are very profitable,rarely I have seen people making big profit with binary options,for me is the same as gambling.

To me binary options are 100% gambling. Because it's not just speculation on price movements. Your profits aren't generated from a trade against someone else or the market. But just a gambling method where if you predict up or down correctly you win 1.90x of your money instantly, or around the same multiplier.

Often providers of binary options try to portray themselves as trading, but in reality it's just gambling. Much like sports, it involves some real world events. But beyong that, there's always an edge on the odds against the player and you're playing against the house.

Being a speculative tool with numerous risks attached to it, binary options have been on the list of financial instruments that continue to attract heated debates. Though previously liked by traders and investors, negative press has surrounded binary options because of their speculative nature and the immense possibility of loss for market participants.
The security and protection of consumers are the reasons why numerous countries have regulated or even banned binary options. When it comes to increased awareness of the perils associated with binary options, in addition to regulatory efforts with greater strength, there is a chance that several binary options trading platforms will no longer be functional or will have reduced their operations.
Cryptocurrency binary options, a mixture of binary options and digital currency trading, also hold great risk for investors, as they may not be subject to thorough regulation compared to the classical style of binary options. Consequently, before participating in crypto binary options trading or gambling, you should conduct a lot of investigation and be very cautious about your decision.

It is my advice and opinion that binary options trading or crypto binary options trading should be avoided due to the risks associated with them. And instead, I suggest you explore other investment alternatives that are more rational, stable and sustainable.

It's in the fine line I think. An experienced trader should know how to take advantage of this game but of course, he is also a trader. There have been threads about this being debated in the past. It could be considered gambling that's why Rollbit and Fortunejack have it.

I don't think you can trust some platforms that only offer binary trading, it would be safer if you are doing this in the trust casino in crypto otherwise you are risking your money for many of them are scams.

For sure I'd rather trust casinos with a history with binary options over providers that are known for nothing else.
But these days I don't think there's much variety in binary options sites that are trusted.

Maybe 5 or so years ago there were more than 5 different such sites going around. Now all I can see in this thread is two suggestions and to be honest they aren't even that close to the original binary options you'd be used to if you used to play them from long ago.

Not gonna lie, these sites look good and maybe I'll try them. But in any case I'd be eager to get this thread going so we can see if there's any binary options enthusiasts here in this forum too.

Oh really? I think that's strange since they are only a binary option anyway while there are big trading platforms and gambling sites out there. These are the ones that they should focus with. Cryptos are decentralized so he is supposed to be safer here than on non-crypto sites that offers the same function, and since binary options was still a type of trading, you might be right that it was also available inside a trading platform.

Using a reputable site is also another way to be safe, not only from the authorities but also safe from being scammed, however like normal trading and gambling, binary options has its own risks too, so one must still be careful.

I haven't seen any gambling sites, especially crypto, that have binary options and offer them to customers for long time.
Last time I heard bad sentiments from some people stated that binary options were indeed profitable but also very disappointing.
As to what kind of disappointment or harm I don't understand because so far I have never tried it, some people think this is just like trading but some people also think this is like gambling because we are given choices and guess.
From the bad sentiments that I have experienced, it is that there is fraud or manipulation that occurs and from everything I have heard, everything is the same as what is being said.

Currently, whether it still exists or not, I haven't found it recently and I don't think it can be found on the Bitcointalk forum either, maybe I wrong but I haven't seen it exist myself.

Binary option is not popular anymore on casino since Exchange has it with full feature and many options. Casino nowadays focus on the typical casino games such as Slot, Table Games and Sportsbook.

Some casino still offer binary option but with limited tokens only unlike exchange which offers almost all token listed on their exchanges. With this kind of game, I preferred pancakeswap prediction game. It’s almost identical to binary option since you will bet on price but the prize pool is good since it’s profit sharing which means you can get more than x2 if you bet on minority side.

Like any other casinos, there are binary trading platforms that require depositing of funds which the platform will not allow withdrawing or has a high minimum withdrawal threshold. I think the people back in the time when binary trading was popular in crypto are used to just using the wallet to bet and automatically send the profit to the wallet back again.

Users above suggested RollBit if you just read the above posts. Seem a fair casino to play with which can choose the Time Frame which is the issue of other platforms where users can't choose. It's a good game to practice trading.

In fact, this game is very risky, if you don't analyze the prices correctly you will definitely lose, but to be honest, there are many cases in my country about binary options game fraud where the dealer manipulates the price and arranges for the user to lose. Many influencers are rich because they cheat many users by playing options games. This binary is actually higher risk than other gambling games even though the profits are also high if you win it. I've played on several sites recommended by friends here.

But that doesn't mean that they are trying to cheat the game and play the price not according to the original, so this binary option often experiences a difference in price from the original price on the market, that's why I never try a game like this again even though it can make me rich faster but also it could make me go bankrupt faster, I prefer more reasonable gambling games like sports betting compared to binary options, but it all comes back to the OP, after all it can be found on almost all the big sites of this binary options game. I wish OP luck playing this game and having fun.  ;D

BC.Games and Betfury, BC have trading and futures and Betfury only futures. I think if trust the casino I guess we can say their games are reliable. So both of these casinos are recommended.

I tried futures in both casinos, but after losing some money I decided to never play futures again. It's not for me! Good luck to all who decide to play them, I am sure you will need a lot of luck.

I also recall, back some years ago there were a lot of advertisements on YouTube prompting people to join those binary option websites, luring them with the illusion of easy money, to me it seemed to be too good to be true, so I never joined them. I also remember walking into some videos on the internet saying the earnings being announced/advertised by those webs are usually inflated and the risk underestimated, special for those who could join without any previous experience in options of trading.
I don't know either what happened to them, I assume they still exist but they have seized their advertisement campaigns with Google and other major advertisement providers, I don't think they could have gone bankrupt, those webpages and investment platforms are designed to make money out of the volume created by the users themselves, instead putting their own money at the mercy of the market.  :P. There is a thin possibility Google received some complaints from angry users who lost their money in those binary options and Google decided not to further advertise them, just to wash their hands and obvious the chances of some litigation.  I would personally not recommend to join them, unless we are seeing those services as gambling, so it is suitable to talk about them here in this sub-section of the forum, instead on the section of service discussion. Just my two sats.

Well yes indeed binary options is the type of gambling that often gets passed around as a method to make easy profits because it's "trading".

But on the other hand especially when compared to how manipulated crypto markets are and how high the leverage is on many of the actual futures trading sites are, binary options are almost a comparable risk.
So for those interested in trading that don't really want to bother with adjusting their margin or interest, I think Binary options with crypto could be a viable alternative. I'd be eager to see what other alternatives exist out there but seems also like the interest has died down a little since that time years ago.

I don't know whether BC.game is reliable or not. but I played there for some time and tried Binary options. but so far, my friends play on BC.game and have no problems. I don't have much experience in Binary gambling. just tried a few times but I'm not very good at analysis. my friend enjoyed the game. but I don't like it that much.

I played with BC.fun (BC.game) last year and they have a decent binary option game but only have BTC/USDT and ETH/USDT. If I am not mistaken they also have futures aside from the binary option game. I haven't played in their web for a while so I think you should just check it out, there's been a problem before in their site and took it down for a while I hope it won't happen again. I am curious is there a strategy in binary option, can you use a technical analysis in that game?

My attention was brought to this thread today and I must say that the first time I viewed it, it wasn't what I took seriously despite looking for the Binary option platform that would be trustworthy just like the OP. I even created a thread about this more than a year ago with no satisfactory answer from anyone then. I bet this Rollbit binary option is new if at all is like the traditional way of paying it. I guess I will try it starting next week. But the way I saw the platform, it might still not be what I want. I guess I will know upon registration.

And @alani123, were you able to achieve your Binary option desire with Rollbit?

About a year is long enough for many things to have changed, and for them to stick with BTC/USDT and ETH/USDT is even better for their customers because the customers will be more focused on limited assets than too many of them. This affects traders' psychology, and since it's betting in relation to the market, gamblers should imbibe it as well. But really, I don't also know why trusted companies are avoiding the binary option, I have seen enough of them stopping the offering. It might be that players earn more than them which is not good for their business. Enough traditional brokers offering it later stopped years back, and even betting sites in my country too.

As for your question, the Binary option is a betting arrangement that makes you bet in the right direction at the right duration. For this, you can mainly use the technical analysis for it to be better accurate. You may also use news calendar trading if you are a seasoned trader, and of course, your right analysis and instinct should tell you the right duration to choose. Just don't guess it like many do.

Been playing Binary Options years ago but wasn't interested after the seceondstrade disappeared. Could it be the reason why those websites that are solely for binary options trading were regulated and shutdown? AFAIK there are few crypto projects like this where they have tokens also, I also tried searching and found one such as https://coinmarketcap.com/currencies/divergence/  Most of them never get to attract attention.

BGgame and Rollbit do have this game but it was just rumored the platforms are manipulating this games to favor their bets and you lose your position.

This might be late but there's a current new good looking site which is pertaining about binary options betting.

•https://bitwinup.com/
Ann thread: https://bitcointalk.org/index.php?topic=5489723.0

This one caught my attention which it is really having that lively colors and good animation.
You could also try out Rollbit too when it comes to up and down betting on various coins which it isnt really just that limited to Bitcoin.

For Rollbit then its a legit and reliable one, for this new bitwinup then play according into your own risk.
Its new but doesnt mean that its not good or shady. You could observed it out.