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I just saw this on an exchange which is similar or let us say the same as binary option. This is it:

https://www.talkimg.com/images/2025/06/09/UdZ2eZ.jpeg

You can choose the up or down and select the time duration. If you are right, you will be credited 87% of the money you used for it. If you are wrong, your money is gone.

I have not tried it yet because it is gambling but I will give it a try with $5

On this exchange that I saw it, the minimum amount is $5 while the maximum is $150 which you can see from the image above.

That’s actually a popular game, but I’m not sure if there are really a lot of people betting on it. I tried it before, but it just wasn’t exciting for me, so I stopped and just focused on sports betting instead.

By the way, what exchanges are you using?

Some exchanges even have other games, like dice.. for example, Yobit.

I am using many exchanges. I have more than 5 exchanges that I am presently using. But I know your question is about the exchange that I saw this binary option? It is MEXC.

Yobit is not a reputed exchange as it has shady things and many useless scam tokens.

Hmm… this is a controversial exchange.. the one that reportedly had a glitch where Bitcoin’s price dumped to zero.

After hearing about that incident, I don’t think I’d want to use this exchange.

I’m aware of that - I was just giving an example.
Maybe there are other exchanges out there that also offer dice games.

Stuff like these make crypto exchanges look like casinos indeed. People are right to be confused. Whenever a trader makes a spot trade it is a form of gambling too. He doesn’t push up/down buttons, he clicks buy/sell buttons. The idea is the same unless he is using leverage. Up/buy are long positions. Sell/down are short positions. How does he know which direction the markets are going to go? He doesn’t. That’s what makes it gambling. There is one exception, if you go long/buy and wait for a decade, it is almost guaranteed to make money. Every other trade is a gamble.

Other than the fact that most traders approach with a gambling mentality as I always say in my Trading posts, you do realize also that a lot of markets are actually gambling, especially on derivatives right?

In fact, even insurance is a form of gambling, thats why some futures on DEX are literally bets. For example if you take insurance on flight delay, you are betting that your flight will be delayed to win the insurance payout :)

87% on win is a stupid house edge tho! Might as well bet on Sportsbet Bitcoin Up or Down ;)

If you’re a trader who focuses on strategy, you might just ignore what the exchange is offering especially if it feels too much like gambling. So it really depends on you. Personally, I just avoid the binary market because it’s basically like playing dice, trying to predict up or down, and I know I’ll probably lose in the long run.

I’m also not sure if these kinds of exchanges are actually regulated. If they are, then maybe those markets are considered normal since regulators are supposed to follow certain standards to keep exchanges in check, at least for most of them.

It’s a high risk trading which casino already use as gambling games but it’s meant for trading initially.

I remember playing this the first time on Fortunejack casino before but they removed it already long time ago.

But Binary trading was considered as trading tool rather than gambling since it’s just an option trading with short time frame. I hate using this on crypto due to its volatility.

Binary and options trading is nothing new, and most cryptocurrency exchanges (centralized ones) offer this to their customers. Binary and options trading is a type of trading that contains too much risk, and it can actually be compared to gambling in the sense that you bet an amount, and get a certain percentage back if your guess is right, and lose the money if your guess is wrong. However, there is only one difference, and it is that in options trading, you can at least look at charts, and do technical analysis to at least have some idea about how the market is moving, and whether you should go up or down.

Apart from these integrations in centralized exchanges, there are dedicated platforms for binary trading that you can find. You can make trades on stocks, commodities, cryptocurrencies, forex, etc. If you search on YouTube, there are a lot of content creators who create content about binanry and options trading, teaching strategies, showing how they make money, and telling newbies about what strategies they should use for effective trading.

I played this game for the first time through an application long time ago and it is free and successfully being in the leaderboard will get real money transferred to digital wallet.

Isn't this also the same as the one on rollbit? sportsbet also exists with the name of the game up and down.

If want to play this game it is better to use a casino than an exchange account, because our capital may be drained there because can't control it, and it is better to only trade on the exchange like spot trading, not for gambling.

So basically it is more or less the same thing as opening a position on high leveraged trading where you get liquidated if the price moves even slightly in the wrong direction or you get rewarded with an amazing amount of money if it goes in the right direction?

The only difference I see is that you can choose the time. But then again, that would just be options trading? Or... Leveraged options trading or some kind of mutated hybrid version of it?

It was actually false news that the bitcoin price went to zero on the exchange, the glitch happened to trading view where Mexc bitcoin data there went to zero, the exchange actually clarified this on X (formally Twitter). If the glitch had actually happened in the exchange I think almost all long positions on bitcoin in the exchange would have been liquidated and that would have made the news big.

Not actually defending any exchange but Mexc seems to be the latest exchange that most traders use now because of high leverage, low fees and the fact that they basically list anything on the market. I am  not surprise by this game on the exchange, most of this exchanges are now like gambling platforms now. Binance has something like Binance Alpha where you trade the most volatile tokens on the markets there, they all want to take something for the trades

I thought he was referring to Yobit, not knowing it was referring to MEXC. He can set the bitcoin price on the exchange on both spot and derivative trading to 1 month and check where the price of bitcoin got to zero dollar. I use the exchange very well and I have check bitcoin price several times using the month candles and nothing like bitcoin getting to zero there. If such happened, I would have known about it. You are correct.

I am trying to find the similar one on Binance and OKX. It seems this one is unique. It looks similar to binary, but the advantage I think is that you can set the time. Unlike on old binary options, you only have two buttons, up or down. However, the downside is that the reward is far from 1:1; the old binary option only took 1% to 3%.
So it is obvious that in the long run, you could lose due to risk ratio; if you have a 50/50 win ratio, you will lose in the long term. Futures is way more better than this because you can able to make more than 1:1 win ratio.

It looks like rebranded binary options, where many traders lost big money believing it was possible to logically predict the next minutes or hours of fluctuations in financial markets. I remember by 2016 or 2017 it was a trend, but due to the failure faced by enthusiasts it lost traction quite fast.

I even watched news on television sharing stories from big investors who abandoned the job at important sectors of the industry to make a living from binary options, although they regretted a lot later once huge losses were accumulated.

Since this feature is appearing once again, exchanges should be stating it's purely gambling, otherwise they may mislead traders into falling for the same mistake people did years ago.

Seems the crypto exchange were looking for a feature that would help them to make so much money and they decided to launch this... I don't know if I should call it a game or still call it trading. With the settings, it's a game of chance that depends on the timing and if a trader makes a prediction that the price will go up, I think it has to go in that direction for a specific time period and if it doesn't, that's a lose, right?

Depending on the crypto pairs they are going to allow for the game, if you are good in making analysis and guess you can win them because you have to read the candles closely to know when the up move will kick off and when down move will start too. If you are a trader, I think you can win more, $5 is not bad to try with.

I don't know why I have never liked Binary options or anything similar to it. If it's trading in a crypto exchange, I prefer to just do it the traditional way (spot and perpetual contracts). If I want to gamble, i just rush to casinos  :D

Anyway, please let us know how it goes and what you might experience

Better yet, crypto trading for work is done by doing technical and fundamental analysis (I'm more interested in spot trading) and gambling is no more than just a hobby for myself,
not to do extreme gambling with a lot of funds, just a small amount of funds allocated to entertainment gambling.

If trading and gambling are on 1 platform it may be very risky for those who do not understand how to manage gambling and trading well, those who are too greedy will just waste their money.

Well, what do we expect here? They are a business but who doesn't want more money anyways :D. But if you didn't know it yet, features like this inside an exchange is not a new thing.

Apart from profits, I think this is cool or entertaining in the side of the customers. So while they are waiting for something, they can put some dime first and roll that button to see if what they can get. Judging on what I said, it must be a game/gambling. It only looks like trading because it is placed on a trading platform. Remember, gambling is a game of chance, so I don't think what you suggest there will work here but that should already be enough for our trading activities.

Yes, it usually looks like futures trading, and it is like betting. For those who have traded futures, such gambling-like exchange sites must seem easy. I have traded futures but have faced more losses because my guess was not right and I have participated against the price of any coin and I have faced losses.
However, in most cases, it is very foolish to take such trades because the chances of correct guess and losing money are very high, but you should definitely think twice before participating in such trades.

If someone wants to play gambling games, they can do it at a casino. Especially since I’ve seen things like that in various casinos more than once. But when I visit an exchange, I wouldn’t want to see anything like that there, because it could make me associate the exchange with a casino. I understand that the exchange is probably just trying to expand its range of products and maybe attract more gambling-oriented users who would find this interesting too. But in my opinion, it’s not the best decision for an exchange.

I have not came across something like this before, although the exchanges I use may have this but I have not been aware of it since I’m not trading regularly to know that something like exist their, However, this is pure gambling not even related to trading in my opinion, the last time I saw this was on a gambling platform not crypto exchange and this is just like gambling because it is pure prediction.

it doesn’t need any strategy to do this as it is by luck, you must be luck before getting more money from this regardless of how smart someone think he is, furthermore the lose will be more than the profit, I have been hearing about the binary option but I consider it as gambling and that is what it is so I don’t go for it.

I disagree with you, this game unlike slots, that cannot be analyzed at all, but I agree this model is similar to options trading. IMO, it can still be analyzed before entry. It's the same as when you decide to bet on a football match, even the results still need luck, but it takes strategy and analysis to make decisions. So, a strategy is still needed for this game, we need to analyze it, I know maybe this is less valid indicators, because of the short timeframe.

I remember that I found a similar thing on Binance a few years ago when I was exploring the website but right now I'm looking for it on the platform and I can't find it. I'll be happy if someone helps me how to find this game on Binance.
It looks fun but 87% is just too low, this is robbery.

The whole life is gambling and over time I really think that we are either born lucky, unlucky or in the middle. Yes, I know that with hard work many things are possible but even those hard workers are lucky because they achieved something cause they were at the right moment at the right time. Life is luck, plain and simple, the earth is just a big casino.

87% pay rate on win is really super stupid, I don't think anyone will seriously gamble there, maybe someone will try a few times, just for fun and the experience.

Yes it is not the same as slots but some gambling sites are also offering it but kind of different because I think the time duration is very low like 10 seconds on the gambling site that I saw it.

People call it binary option. Binary option is different from the Options on most crypto exchanges.

It was not on Binance, only Option is available on Binance which is not really the same as this one. Most exchanges followed Binance but MEXC follow how it is in traditional ones.

What do you expect, trading crypto is gambling and the reason why most traders and also called gambler, we shouldn't be surprised to see such developments of up and down betting style trading on an exchange.


Alot is expected and that is one of them, it all about the luck and nothing More, and as always trade and gamble with an amount of money that you can afford to lose and, do you own research at every point in time.

Although binary options are considered high-risk operations and are prohibited on most centralized exchanges, I do not believe that this is similar to gambling, since in casinos you can only rely on luck, and in options you can conduct a market analysis and based on it assume the further movement of bitcoin.

Trading is gambling if you have no idea what you are doing and just guessing which way the market will go. Trading becomes more like gambling if you are using tools like leverage/margin to increase the risk and reward of the trade (and becomes gambling when the risk and reward exceeds what is normal/reasonable). Though trading can be a skill as well, for someone who is non-emotional, strategic, and spends time doing fundamental and technical research to reason and support their trades. In that case, it's a lot less like gambling.

This kind of feature in a cryptocurrency exchange for me is a RED FLAG. It seems the exchange platform is just showing that they are greedy to make more money from their customers besides the trading fees.
This is just an advertisement for an irresponsible gamble or trading without knowing how or with proper education.

Yes your thoughts are exactly the right gambling. This is how you will see in each Exchanger. But there is a percentage based on its own because it is trading. The higher the leverage in the feature training, the higher the Win percent of the Win percentage if the assumption is correct. Although all the people are currently training in teacher training and making money in volume. I made a lot of mistakes when I trade Future several times and lose a lot of money. So you need to practice in the way before trade properly. If you want to do it, then it is better to do it with very little fund.

Like I said, that's just equivalent to a huge 13% house edge. If anyone wants fun and experience getting outright scammed sure but you're really just better off playing futures on a casino, where the house edge is not only lower, but actually examined by third parties (to check that indeed the house edge is as published).

Reminds me about a time when there was an exchange that actually had a pure gambling feature with dice, forgot the name tho ;)

This is pure gambling but exchange will not present it in a way that looks like you are actually gambling, it is always presented like you are trading the market to either go up or down in price. I have also done this because and I was lucky to make 2X of my capital. The probability of your making profit from this kind of trade is less compared to you losing.
This is not really trading but a kind of gambling for what direction the market is going. You can analyze the market before you trade or should the direction of the price for the next few days. If you are very good at predicting the market, making profits from this kind of trade will not be difficult for you.

This may look new since it is been incorporated into exchanges now, but I have actually come across something like this in one of those telegram based games that where on the rise that time. This is an highly risky stuff and you could lose everything immediately if you don’t risk and bet wisely. For me, I will not even try this because five minutes is such a small time for me to make actual decisions on how long a trade will move in that direction. I have tried futures before, they are similar but not the same, so can’t be so sure of the market closing in your own interest at the end of five minute. This is pure gamble and a very risky one to confidently stick to playing always.

No, you won't find this on regular trading exchanges or even on major platforms like Binance.
This feature is most likely available on a gambling website that offers crypto trading alongside its games.
IMO, this feature caters to gamblers who are interested in trading but lack technical knowledge about how trading works.  By doing this, it combined trading with the gambling concept.

This gambling casino has an offer similar to what OP posted.
https://xyes.com/crypto/crypto-trading/
https://www.talkimg.com/images/2025/06/12/UdfsNb.jpeg

I've done that before but it's not for me, very high risk. But if someone who's up for having fun, they can do this. These are the options, you just gonna bet if it's high or low on the next periods, I'm not for this kind of bets. But for the futures traders, I guess that they can double up their bets if they have some open positions with their leverage and just also do this to have other bets with what they believe what will the market do next based on the traders that they have left open.

They're most likely going to be called out if they add this.

This is a very useful piece for me. What is the name of this exchange?

I would be happy if it's truly like binary options trading. Exchanges' style of options is nonsense, so I quit, and those Binary option platforms I know are for no good but to scam people.

As for the $150, it makes more sense to me. It hints that they could probably be sincere, because it limits their risk exposure from the client's wins.

The name of the exchange is MEXC.

Yes it is different from the options on exchanges like Binance, Bybit and others that makes it similar more to perpetual future with just little difference.

It is called 'prediction future' on the exchange. You can see it under future trading.

Really? MEXC is not really bad, though I don't have an account with the exchange yet. I thought it was going to be the exchange with no popular status. This is interesting, thanks for the prompt update!

LOL...Crypto-related services like to call their version of products and services differently from the traditional ways, even if they serve the same purpose.

MEXC is an exchange with popular status since many years ago which was the reason I know about the exchange like 5 years ago. But what some people may not like about the exchange is how fast they are listing new coins and how many those coins are on the exchange while most altcoins are shit coins.

The concept added by the exchange in the subject seems nice, but it is not for me, and I've never once played such a game before.
I will only give it a try if there a features for reducing/increasing the game risk level due to the high risk involved in the game, which I don't see such features in the screenshot the OP provided.
In the meantime, it's a good game to try for $5 per session.

Futures trading with high leverage such as x100 above is more complicated and risky than option trading like this since the price fluctuation of crypto makes high leverage trading easy to wipe out without a chance to recover while on option trading it’s just 50/50 chance rate of winning.

I don’t use this feature too since it’s a short term trading however I preferred doing this compared to high leverage trading.

For me, this is a very good opportunity to open a short position on such coins that are listed on Binance Alpha. Almost all coins, after listing on Binance Alpha, fall in price, as participants in the Binance Alpha Points program reset the received airdrop.

Listing new coins has never been my headache, and I don't see why it should be the headache of anyone. They should just access the service they want from the exchange and be blind to others. All I want from exchanges is good service and the integrity of releasing my money as and when due. Unfortunately, what I read mostly about MEXC lacks that, which is why I've not opened an account with them. But this binary option style is tempting.

I will still prefer leverage trading to this but not high leverage trading, I prefer no or low leverage. Although I will still give this a try because I like it also.

No exchanges among them are rated good as they are all rated poor including others. People do not likely prefer to rate the exchanges until they have issue with them and give them bad ratings. If I should use exchange with good rating, top exchanges will not be among.

This may become more common over time, I think it's just another way for exchanges to increase their revenue. I'm not interested in trying it out, I'm not a fan of binary options or similar platforms, I've used many when I first started getting interested in investing in stocks and cryptocurrencies. I use exchanges exclusively for trading. If I'm going to gamble, I prefer a casino.

Maybe they want to increase revenue but I do not think that is only the reason. I have noticed the exchange do not have options trading like other common exchanges but which can be because they are kind of similar to the perpetual futures. So this one is more related to the traditional binary option. I have seen many people complained about why the options on crypto exchanges is different from the traditional binary options.

Didn't know that it exist on exchange site, I usually saw it in gambling sites such as BC.Game and I played it before. I am just curious what crypto exchange is that? Was I think for me it's better to do a leverage trade than something like that, as in leverage you can cut losses and still have some of your money but if it is something like (if it doesn't go up and you predicted wrong, your money will be gone). It's more like a gambling feature than exchange feature.

I'm curious how many people are using this in that site and what are their reason to add this in their site, wasn't this a binary option?

Now things are getting competitive day after days because many exchanges are bringing features for increasing their revenue and also have more customers so having features like this give them opportunity to do this many are well aware about this, and they love to go ahead as well.

Strategies are changing and peoples are looking for even it's more risky and currently have no enough popularity, but many will love to stay in for this option even few are feeling leverage is much better option but still this could be also good way of having more peoples involved in trading and exchange as many are not able to go through on casinos due to restrictions and other reasons. Soon data will be also available about this as peoples love this way of trading, or they need to scrap this because they are not feeling comfortable exchanges surely love to have feedback and then go with this way of trading on their exchanges.

That for sure is gambling. There is no way even the best trader on earth can predict the price movement in the next 10 mins or 30 mins. This is just gambling and as I can see it pays 87% on win which means the house-edge is about 6.5% which is crazy because most casinos have 1-2% edge on original games and slots have usually 4-6% edge.

I used to play on a website I believe was called secondstrade (I think it's closed now) or something similar and it was the same concept. Burned a lot of money there but I always knew it's gambling and played in limit.

Unless you can manipulate the market with a humongous capital, it's impossible to predict the price in such short term. And if you were to manipulate the market you need millions of dollars. These sites don't accept more $1-2k bets so it won't be worth it anyways.

I went with $5 today to win $4.1

https://talkimg.com/images/2025/06/16/Udb4Wd.jpeg

I chose 10 minutes which was the lowest time that I can go for. After placing the order, I was able to see the countdown from 10 minutes to 0 minute.

This is my first binary option ever and I can see the reason people call it gambling because I did not know what could be the result but I won.

The chart is always shown at the top but I just did not screenshot it.

I would like to trade with Spot which is my most favorite and also priority trading type whenever I am going for trading.

Other times, that barely happen, when I decide to take higher risk, I choose margin trading but I never experience with Futures and Binary trading types which are too dangerous and don't fit with my risk management.

Among several risky trading types, I consider margin trading type as a lest risky while Binary option trading belongs to most risky types together with Future trading.

Spot trading is less risky which is better. But do not consider binary option like the prediction futures as trading. Most traders will not consider it as trading hit gambling.

If a trader is not having greedy nature, future trading is better than margin trading.

I'm curious, write down the exchange name if you recall it. In 2020-2021 I was sometimes gambling on Binance, they had lots of games and you could easily move funds from the Binance exchange to their own casino. I think it was called BPlay.org but Binance quietly shut it down soon. As far as I know, they got under some pressure because back then, cryptos were more unregulated and media was trying to spread more negative information about crypto and gambling because gambling has always been usually associated with money laundering and when exchange offers you that service, it is quite dubious for many people, so binnace didn't want much attention and closed their casino quietly.

I honestly forgot, I tried looking it up. They used to have a ANN thread on this forum, and even a signature campaign (but it was way more spammy posters than 1xbet).

I believe, I think, it was Ukrainian. They had all the shitcoins faucets, they had a dice function so you could literally gamble your balance while trading. They had 'invest' options with ridiculous APYS.

It wasn't even like BPlay, it was all within the exchange.

Man I wish I remembered the name, if you were around in 2018 I am 100% you knew about this exchange, it was pretty popular.

I don't know if it is advisable to list the exchange here or not, I could have loved to also try it on that exchange as it could be more better than betting itself knowing too that the market isn't that stable, one could make out something from that exchange using the amount they can afford lose. Of course, I wouldn't mind trying it as well with at least 5-10$ to see what the possibilities could be at the end of there would be positive results or negative.

Just like me, you have been a member of this forum since 2016. One exchange that I remember had spammers and also a gambling service on their website, that was YoBit but they weren't running a signature only around 2018, they have been running it since 2015. They also had a signature campaign of cryptotalk forum, which they created as an alternative of Bitcointalk but they failed. Btw as far as I know, YoBit was a Russia-based website.
I only know one Ukrainian exchange that had a signature campaign on this forum but they didn't have a dice game as far as I remember and this exchange was Liqui exchange.

And in my opinion, it is no different from futures, that is the market can go anywhere, so you just need to guess the direction. You can try to predict the market on large timeframes, but I do not like to make long-term bets in gambling, I like to bet on events that will take place on the same day, with rare exceptions I can bet on the events of the next day if I bet parlay and I need to bet on events that will take place today and tomorrow. And market predictions for me are like slots, and betting is different.

I think the same, so it's either one go on short position or long position depending on their predictions. Though the market aren't that stable to go on a long position instead short position could be more better with at least 10-30 minutes trading time frame, to see the possible results. Most times if you go for a short term you would see that it would break out above expected short time were you wouldn't mind regretting of going for long term position.

This is definitely a gambling and this up and down is like one of the gambling in casinos they called crash game because when you hit up it will start flying and sometimes before you realize it has crashed and the person has loss, so this is exactly what this is all about and they even make it $5 minimum for it, actually with how risky I'm seeing this the minimum amount should have been the amount that wouldn't worth much because the chances that someone would be losing here is on a wide range because there isn't anyway you can stop it if the person is losing all the money they placed.

At first I thought it might be futures trading but after looking at it more closely I realized it was not futures trading but a system like gambling. Actually this game may be popular with many but I have not played this game till date and have not gained good experience about this game. If I had gained experience then of course I could have highlighted something good here. I have only used gambling platforms for gambling I have never gambled from exchange platforms also I have only participated in sports betting and have not participated in any other games. Anyway those who have played it are very familiar and like it.

I have decided to stop it after seeing how risky it is. I lost $50 to it already, my first two games are won but after, I started to lose. My losses there are now more than my profit, so I am losing and I stopped doing it.

It is totally gambling and not trading at all. I have even stopped it.

This type of “trading” is the popular mini game of DEX like pancakeswap.

It’s so hard to win because crypto is so volatile while this type of trading usually has low time frame for prediction or even long time frame is very hard to predict since you meed to accurately determine the behavior of the price on the specific time frame in able to win.

It’s a literal game of luck because TA is very hard to apply on this game.

Yes, after looking at it a little better, I realized that it is complete gambling and any person can become addicted to it very quickly. You did a very good job by stopping it completely, otherwise you would have lost money here quickly. But I want to know from you which exchange is this where such a system exists? Although I will not play here, but I will analyze it a little better. I have always used gambling platforms for gambling. I do not participate in gambling anywhere else, but it is good to keep an eye on it, that is why I want to know from you which exchange is this.

OMG yes it was YOBIT!

I mentioned 2018 as I think this was when it got super super popular, added all the invest/dice/options for tons of shitcoins, even all the BTC forks you could get all the forkcoins rightaway on the day of fork AND gamble it lol

So it was Russian and not Ukrainian, sorry I couldn't tell, all I remember was they had a Russian looking language and I thought from their old Twitter they posted things about Ukraine (the first 'wars' not the current one).

Good memory bro, and yes this is exactly the one I was talking about :)

I'm not even surprised that you won your first and the second on it because if I'm not mistaken the wining was just intentionally given to you to look as if you started with wining and somehow saying is easy to win but unfortunately you have seen how complex the trading is from your third time. You actually tried to have still keep it with the trading considering how many times you most have lost, this kind of trading gambling is not good for people who carries the idea of big profit through big capital because this kind of risk will dry them off of everything.

It is not even trading at all but gambling. If I open a position while trading and I am losing after a specific period of time, there is still chance that the market may later favour me, but for this one, it is totally gambling because if the time passes already, it is a loss. I have quit it immediately I lost slightly more than $50 and only focus on my trading.

This is indeed pure gambling. Exchanges are now creating several ways to get money from people because some people are greedy and will want to earn money quickly and this methods looks easy to make money and it is not as easy as it may look even though I never tried it.

Is there anything like risk management? Stop loss or take profit among the futures?
If no then I don’t think we can even relate this to trading because it’s purely gambling. Although some people will win if the market favors them, but with this current market conditions, I don’t think it will be easy to win.

Now money is getting more intention just because of this business houses bringing all elements which increase their revenue and profit they are not feeling bad how things are going and what consequences are going to happen around mostly Russian exchanges started these few years back.
Now few big exchanges also involving in this with they are bringing many options which attract customers, and they are able to increase their profit business ethics are changing in this competition era in the name of trading platform peoples are involved into other ways of having money without any check.
Newbies are facing troubles because they are not well aware about these, but few are doing good search and then having their own trading because its best option right now for them.

I am sure that I will never try these and moreover if my memory serves decent, I have come across similar things in binance and kucoin like short term betting in the name of trading. $5 is still a big money to risk even I am confident about a short term market direction.

In technical analysis, we can predict the market direction but not within a fixed time frame. But, here we need accuracy in both market direction and when it will happen kind of time frame. Hence, it is too difficult to win. Comparison of trading with gambling a ever long debate across this forum. So, I do not need to go more depth on this because it is already concluded that both gambling and trading got more than 60% similarities.

Which means that it might even be more risky than gambling because in gambling you can be watching and observing how the outcome might be and if sees that there wouldn't be way for the game to be won you take the safety measures by collecting the available amount possible while the rest is lost on the gambling, so from how you explained it gambling is far better because all this things I have explained on gambling isn't on this because in gambling even at the point of losing good surprised is not impossible.

It is riskier than gambling but the reason I also see more to this claim is that on gambling sites, I can gamble with just $0.5, although some games can be at least $1 for minimum amount of money that you can use to gamble. But there are some games that I used $0.05 to gamble on the gambling sites. On the exchange, I can not use less than $5 for the prediction futures which is actually binary option and which is also gambling.