The official Rollbit site crypto trading options open.

[YOSHIE]

So far I bet on gambling sites, of course, with the basic rules of each site that apply, the risk of winning and losing in games is a habit of gambling players.

In general, deposit and bet gambling sites, yes, all know that, however, I was wondering to myself about Rollbit gambling site.

By offering crypto trading.

Indeed Rollbit currently offers a variety of casino games like gambling sites in general.

I do not want to rush to ask them directly: about Cryoto trading which says it is intuitive and seems attractive and can't wait to trade.

As they say:


Question that was buried in my soul...!
• Are there any other gambling sites like Rollbit.
• How do we make two options on one site, bet and trade.
• and how about the bet balance and trading balance separately or in one column.
• Have you ever done this kind of trading and betting.

Yes, I can't wait to see the surprise of the rollbit team/management in these two methods, I find it interesting and we need this kind of option, I feel a little different from others: betting and trading.
Two thoughts that arose from my brain, tired of betting to continue trading / tired of trading to continue betting.

What do you think about these two options.

Just an exchange of opinions and experiences that have ever existed, if any...!

[Maus0728]

I guess Rollbit is not offering a particular type of trading that Binance or any other exchange have. As far as I remember, Rollbit is about to launch a "Binary Options" in their website and is not a Spot or Futures type of market in particular. As I can see, though, launching Binary options on a gambling website is pretty unique and is quite a smart move on their end, so I think none of the current existing gambling site and in the past is currently offering such option.

Just to add, Binary trading is basically 1/0 or YES/NO type of trading at a given period of time. Hence, it is derived from the word Binary that has only 2 options. Personally, it is a hybrid of "Ace Deucey" and "Trading" which of course includes indicators.

[avikz]

Well it's not a traditional trading offered by this website. What they are offering is Binary trading. Here you need to guess which way the index will go within a fixed period of time and if your prediction is correct, you will earn money. So it's not a traditional system and comes with a fixed time of expiry.

If you get better understanding of how the system works, download an app called "Olymp Trade" from the playstore or IOS store. They offer a demo account which you can use to get a hands on experience. It is gambling by nature!

[YOSHIE]

Now I better understand the two options available on the Rollbit gambling site, no doubt, this looks different from the others if it is true that it is called a binary options system, there are two choices for gambling bettors.
• financial or non-financial, where bettors can pay in binary amounts or not at all.

If binary options are implemented on the Rollbit site, I think not all countries can be lucky, limited, I believe this option can be more profitable for the gambler, I understand now from crypto trading on gambling sites.

However, these two answers have shed some light on what is meant by crypto trading in gambling.
Once again, thank you friends.
l wish you all the luck and success.

[Maus0728]

As far as I know, a good example of Binary trading is that, let's say for example, a trader or the gambler is analyzing whether the price of XYZ coin will be trading above $100 on April 15, 2021 with a specific time at around 1:00 AM. This is when the gambler/trader will trade his estimation if that coin is either going up or going down.

Obviously, if the price is trading higher than $100 on April 15 at 1AM which is the expiration date, the trader will then receive the payout that is equal to the bet amount or as per the casino's payout percentage otherwise, he will lose if the trader/gambler's bias did not materialize.
[1] https://www.investopedia.com/terms/b/binary-option.asp (Further info)

Edit: I can't understand what you are referring to as financial or non-financial.

[mu_enrico]

I suggest you guys try this game instead. It's more fun with 3D cars (racing) animation.
I'm not a fan of binary trading and stuff with its charts and numbers. Not fun!
However, I can't say much since Rollbit hasn't launched its game. Perhaps they can somehow make it more appealing than Binance.

[janggernaut]

Edit: I can't understand what you are referring to as financial or non-financial.

Maybe what he meant by financial and non-financial is using real money (financial) and demo account (non-financial).

Anyway i can't wait to see crypto trading on rollbit too, if that will same with binary option, that would be good since it easily to understand.

[imstillthebest]

I also wonder how a gambling site can offer trading platform at the same time,

but you dont wonder why there were gambling site with investment option ?
 if that was possible why not this one because trading and investing are close to each other .

I've done betting and trading, but on a different platform, with this one its totally new and hopefully Rollbit can deliver the great service since they are planning to offer two market at the same time.

offering two market at the same time is not easy .
expect that there will be errors at first but if they are dedicated to this project they will work hard to flourish it  .
 you not need to jump on different platform to another to do your other activity because rollbit merged this two goodies at one place .

[michellee]

I do not know if a gambling site offers both services on their site because it is a new experience that the gamblers will get on the gambling site. Maybe that is good for the gamblers as if they are tired to see the losses in the gambling games, they can move to trade and maybe they can win some money to recover their losses. But if that trading is binary trading, I think it will need more skills to trade on that site. You should wait for their next announcement to see what kind of trading they offer to us. I think that will be interesting to see on their site.

[Swopon]

Wow, it's crazy. Offering both service in one platform is a nice idea. But successfully implementation is an important thing. In this thread, already it is mentioned that they are offering Binary trading and I don't have enough knowledge about it. I believe that there are many people who use both and may be this platform will be a good option to choose for them to do trade and as well as gambling.

[Jawhead999]

I also wonder how a gambling site can offer trading platform at the same time,

but you dont wonder why there were gambling site with investment option ?
if that was possible why not this one because trading and investing are close to each other .

Binary trading and investment are different, binary trading just like a gambling because it's a game to predict the price is going down or up. IMO it's quite similar like curve crash.
While investment option is like "become a house" of that casino, as we know house always win... So the profit the casino gained from investor is low compared trading. They will only took the profit by add dilution fees when you want to divest.

[Ulven]

There are many gamblers who love to trade in binary options, So the way the site works is suitable for these gamblers.
 I think the idea of ​​the site will bring massive traffic over the internet and collide with users who prefer trading in binary options and playing some gambling games!!

[dunfida]

Its just an add up where they do make out some options on putting trading game where it is really just a binary option game where you neither choose the price goes down or up
on what you had bet on.This isnt a typical thing you can see in most gambling sites but there are sites that do exist.The difference is that they do only run on single
game or type but Rollbit did really make both at the same time which i do see a good idea for those who do like to deal with trading type of games.

[Mahanton]

Question that was buried in my soul...!
• Are there any other gambling sites like Rollbit.
• How do we make two options on one site, bet and trade.
• and how about the bet balance and trading balance separately or in one column.
• Have you ever done this kind of trading and betting.

1.  For gambling site  that does have trading gambling site then i havent seen one but only this.
2. Its just a game that had been add up.It doesnt need to have the entire platform for it to you to make trades.
3. I believe that it would be just the same where capital or balance will be shown
4. For trading like binary then yes a lot.It is just like gambling just like what others been talking on here.

[Smartvirus]

You've really gone the far length in exploring the new platform and its good to have such innovation on the rollbit site. The team has come up with an idea that would help them to stock up the funds, have it with them for you to invest in which ever way that pleases you either to trade or gamble and its good and quite unique. All that is left is the managerial duties and how active there smart contract service would be. Its a good development and its new to me too. I might have to try it out but, I see a good potential in this gambling site with respect to serving the public, they are all in.

[BITCOIN4X]

Anyway i can't wait to see crypto trading on rollbit too, if that will same with binary option, that would be good since it easily to understand.

Most likely it will be the same because only binary option are relevant to gambling. This idea might be interesting to look forward to, but I think Rollbit will work with third parties as well to implement crypto binary option or maybe not. For those who like binary option. I think Rollbit will be one of the gambling site that will provide it.

If binary options are implemented on the Rollbit site, I think not all countries can be lucky, limited, I believe this option can be more profitable for the gambler, I understand now from crypto trading on gambling sites.

There are term and condition that must be obeyed by site users and that include country restriction. If you are a citizen of a country restricted by the site, then all the game there may not be there for you. Binary option are both profitable and disadvantageous. This will require you to do more analysis and prediction. It's never been better to guess, it will deepen your pocket.

[imstillthebest]

I also wonder how a gambling site can offer trading platform at the same time,

but you dont wonder why there were gambling site with investment option ?
if that was possible why not this one because trading and investing are close to each other .

Binary trading and investment are different, binary trading just like a gambling because it's a game to predict the price is going down or up. IMO it's quite similar like curve crash.
While investment option is like "become a house" of that casino, as we know house always win... So the profit the casino gained from investor is low compared trading. They will only took the profit by add dilution fees when you want to divest.

Thanks for the time of explaining it again even if its already explained above ,
 Im only not convinced earlier that it was binary trading that they are going to add .
I guess it wasn't really possible to mix the real trading with gambling . it's a little disappointing but this binary option is perfect for the people that find it hard to perform the actual trading .

[stomachgrowls]

I also wonder how a gambling site can offer trading platform at the same time,

but you dont wonder why there were gambling site with investment option ?
if that was possible why not this one because trading and investing are close to each other .

Binary trading and investment are different, binary trading just like a gambling because it's a game to predict the price is going down or up. IMO it's quite similar like curve crash.
While investment option is like "become a house" of that casino, as we know house always win... So the profit the casino gained from investor is low compared trading. They will only took the profit by add dilution fees when you want to divest.

Thanks for the time of explaining it again even if its already explained above ,
 Im only not convinced earlier that it was binary trading that they are going to add .
I guess it wasn't really possible to mix the real trading with gambling . it's a little disappointing but this binary option is perfect for the people that find it hard to perform the actual trading .

Come to think that putting a trading or platform on a gambling site or shall we say a hybrid one wont really be just a simple job and does cost lots of resources in able to do so.
They had mentioned about trading but on the sense that you would just be choosing neither up or down.

Yes, its nearly impossible to integrate or collaborate the two and also binary trading could be considered as gambling.You dont have any options rather than up or down
which simply means 2 choices.

They can cater out those gamblers who are bit interested with trading features like this.

[numanoid]

If you have experienced in binary option, you should be know what it will be. Olymtrade and binomo are popular binary options site i've seen. There are lot of reviews on youtube too about both site. It requires technical analysis to analyze the graph because it's take short time when we want to play on there

[Silberman]

I guess Rollbit is not offering a particular type of trading that Binance or any other exchange have. As far as I remember, Rollbit is about to launch a "Binary Options" in their website and is not a Spot or Futures type of market in particular. As I can see, though, launching Binary options on a gambling website is pretty unique and is quite a smart move on their end, so I think none of the current existing gambling site and in the past is currently offering such option.

Just to add, Binary trading is basically 1/0 or YES/NO type of trading at a given period of time. Hence, it is derived from the word Binary that has only 2 options. Personally, it is a hybrid of "Ace Deucey" and "Trading" which of course includes indicators.

Years ago there were some websites that offered binary options, many traders and investors do not really consider binary options as a legitimate way to trade the market and this is because the actual options that you have are very limited, which is why it is called binary options, they consider this to be a form of gambling because they limit what you can do, however if any person is able to guess what the market is going to do in a consistent basis then they are free to try binary options if they want, but in my opinion they will be better off by using their skill in the real markets.