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Author Topic: Binomo and cryptocurrency  (Read 200 times)
maxreish
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June 18, 2021, 06:47:39 AM
 #21

There are many good and reputable binary trading exchange or apps that have a good feedbacks as well. Take note that Binary options has a greater risk than other type of trading as you will predict prices instantly with your own instinct just like gambling your money.

Buy if you want to know more about the experience of other user this may be a good help for you:
- Binomo Reviews
Potato Chips
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June 18, 2021, 08:14:19 AM
 #22

As with Binomo, it has claimed to have been operating for years in more than a hundred countries and is a member of the International Financial Commission (IFC). But there are way too many complaints and accusations of different kinds against it from those who have first-hand experiences with the platform.

FinaCom membership doesn't mean much. It's only for resolving disputes in case settling with the exchange doesn't work out and definitely isn't meant as a regulatory body which these shady off shore businesses make them appear to be

In addition, given their circumstances, I have doubts they would be able to stay neutral at all times. One is they're not affiliated nor regulated in any jurisdiction (note that this is useless if the country has lax laws). Second is, it's pretty much a business whose earnings come from the exchanges who pays for their membership.

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AakZaki
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June 19, 2021, 03:44:10 PM
 #23

Never used Binomo and will never try. Binomo is too risky and a real type of gambling. I am more interested in cryptocurrency trading, especially Spot trading, because spot is the safest type of trading than Binomo or Futures trading. Even though the price of cryptocurrency is very volatile, it doesn't matter if we can analyze it, even profits will be easy to get with fluctuating markets.
NickLeins (OP)
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June 21, 2021, 08:16:33 AM
 #24

Guys, I heard that Binomo started working with cryptocurrency. I know it used to do more with binary options. Do you think it is worth the risk to work with Binomo? Maybe someone has experience in this matter?
I just found there is crypto paired on binomo . Doesn't mean it would be accepting cryptocurrencies as their deposit. We can just only deposit with Fiat money on there.
There are lot of people claimed binomo is being manipulated, on first or few trades you might be win, but when you put bigger bet, you will lose it. There is no way to prove your history bet is provanly fair or not on binomo. Choice is yours
As far as I've heard binomo is cheating, a lot of people have complained about it. especially with binary options, I think this is like gambling, with a short period of time as well. so from that you have to be careful, it is better to choose an exchange that is already trusted. but maybe because I don't like binary trading
Thank you very much for bringing this to my attention. Thank you all for the activity, I have made a conclusion for myself!
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