Is Binomo scam?

[imamusma]

Binomo is not a scam, but Binomo is not a crypto platform. Binomo is a Binary trading platform.

True, that's why Binomo is not discussed much here because Binomo is not part of cryptocurrency, but just an ordinary trading platform so that cryptocurrency lovers don't use it because in crypto there are already many exchanges that are more popular than Binomo.

[retreat]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

this is my personal opinion, binomo is a scam.  I say this because before getting to know crypto I first played binomo. play binomo is like playing gambling. you better never play it because you will never win, your money will always be sucked by them.

[ReiMomo]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

I have seen many advertising Binomo on social medias like Youtube, facebook and instagram. Might be a trusted one. But my question is, why should you go for Binomo when you have number of good exchanges. You are investing your money so always choose the best exchange that has large trading volume and which secures your funds safely.  

[MarjorieZimmermanGinger]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

Hopefully we don't expect them to be a scam, indeed for a personal verification it should look like Binance, so far I haven't found them a scam, this is absolutely my personal opinion.

When a coin that has been refined and built to perfection, could they possibly want to sacrifice the process so quickly, it takes a long time to create a masterpiece.

Going through those times is very difficult, it's impossible for them to sacrifice their reputation, I think for now there are no signs of a scam on them and hopefully it's really not a scam???

[Odindex]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

Binomo is using a different business model and it's not a Crypto Exchange, but a Binary Options broker.

The binary option is you are guessing and bet in some certain period, where the asset price will ends.
Ie: For example, the current price of BTC now is $30K, so I am betting $100, in the next 1 hour. BTC price will be higher than $30k
If I am correct, I will earn $100 (My seed money) and 50-98% profit from my bet value (usually it will be around 80%)
And If I am wrong, I will lose my bet.

So,it's up to you to decide

[Clavulanic]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

If your compared them from binance, I guess they're different in terms of being known for being popular. Personal verification in binance is very important as a user, that's why we can't judge an exchange or a coin platform unless they're proven scammers. I couldn't provide any fact check for Binomo, and my recommended is keep an eye on this platform to find some loop hole in order to come up with a specific answers.

[Flowzer]

Its not a scam but many people guessed it as unfair option platform since in some condition market move its not realistic and not real.

[darahjuang]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

I don't think so. In my opinion, Binomo is quite large for now. I can say they have something in common like Binance. There are so many people who make transactions on Binomo and no one thinks Binomo is a scam. For now, my friend.

[thesosorr]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

You have to find out first, what are the characteristics that will end up being a scam. Binomo in my opinion is not a scam. And in my opinion, Binomo is still very trusted by people to trade. Of course, before people started their activities on Binomo, they had studied Binomo long ago.

[bison]

I often see binomo ads on youtube and ads on blogger but have never used that platform, I concluded from this thread something went wrong on the binomo platform and my friend tried the demo account version always got profit but the fact is very bad.

Yes, many of my friends have complained about this trading platform, because indeed what you say is what happened, during the demo platform period or if a game is called training, they are very easy to get profit, but when they have passed the training period it is more they lose more than they gain.

[nomenclatur]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

Binomo is gambling that is manipulated into a trading platform so that many people experience big losses. This is a Binomo game. This really leads to fraud. Therefore, it is better to avoid it than to invest, you will get rekt and lose money. It is better to invest in cryptocurrency because it is better because Binomo will surely go bankrupt over time and take investors' money away. This has happened a lot on platforms like this.

[Dewi Aries]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

I think the site is pay their members so it is not considered scam. But they are binary option site and not a trading site, maybe you can consider it as gambling site because when you lose, you will lose amount money that you bet and not like trading when we buy and sell coins and can hold.

[_MrTuyul404]

Binomo is a binary trading platform for buying and selling financial assets, be it Forex (Foreign Exchange), stocks, and derivatives.
Binomo is a safe broker and is not a scam as the rumors circulate.

[bitterguy28]

not to say that binomo is a scam because they are big enough, the problem is they can manipulate charts easily, we trade with them, namely binomo, there is no p2p trading here, even if we can lose a lot of money, I often see so many people losing money here.

Not because the company is Big meaning that they are not scam , remember that one of the biggest exchange that runs  in crypto comes to be scam years back so lets not make it legibility about their company size because scammers are always scam.

actually binomo is not a scam, but binomo is not a place for investment, but trading, but more like gambling, because some of my friends also use binomo, most of them experience losses, but there are also those who get profit

It is not because someone is profiting meaning the site is legit remember that before you caught a fish you must need to put BAIT first.

[Rampagoe004]

Binomo is one of the trading markets that are currently being targeted by consumers, in the use of binomo market we can not yet say we can rely on to grow our assets because they are so easy in manipulating prices that many users feel harmed, but in this case we can not say that binomo one of the scamers for now.

[Fesatmas]

Binomo is a “binary options” trading platform. Binomo is not an investment, it's more like gambling. Currently, difficult to confirm Binomo is a scam, But I can confirm that Binomo and supporters (make money through affiliate marketing) with Binomo is advertising excessively about this form of make money.

See the concept Binomo is implementing? is it worth calling crypto trading or gambling? all very mismatched. on the other hand they claim to be a trading platform, but if you have entered the trading system then what you are dealing with is gambling with a level that has at least 50 : 50. either with the consequences of gambling while trading or vice versa.

If you just want to spend money then feel free to play there, no trading has criteria like in Binomo. they are just a gambling platform in the name of trading to avoid government scrutiny.

[24Kt]

There are so many ads about binomo, to be honest I don't really believe in this platform. I don't know scam or not but I think they often manipulate to attract many investors to join.

Just to see for yourself regarding reviews on this platform -

https://www.trustpilot.com/review/binomo.com

I don't think this site is a trusted one. And also, if you don't know what you're getting into, you may likely lose on this site. As others have said above, it is more like of gambling nature, so maybe, the reason why people are losing because they don't know what they are doing. So better stay away from this one.

[roosbit]

Never heard its name before so don't know much. If we see reviews about this website then I don't think it is worth to use because many people are complaining they are not able to withdraw their money.


Source: https://www.trustpilot.com/review/binomo.com

No to sound like am picking a side but I think we customers don't know how to handle issues and also lack patience!
Sometimes issues could be as simple as answering yes or No but we rush to claim a service is a scam. Reading the review on the left side clearly you can see that it seems a withdraw was delayed to be processed but this users kept playing and later lost his money, could this really be called a scam, I don't think so.. all I can say is let's have some patience whenever we have a problem.

[Rengga Jati]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

Reading about Binomo here reminds me about their advertisement on YouTube that can be found so easily. Moreover, many public figures in my country, YouTubers, certain video bloggers also do the same, advertising Binomo. 
This is a big platform of the Binary options.
As others said, I also don't think that it is a scam. However, ensure that you must be careful in learning the chart and the market cycle. It may be manipulated and we need to be careful when analyzing every chart and move the chart itself. It is risky, but if we know the way and right strategy, it can also give us many profits.

[Boov]

Mate may I hear your voice if Binomo is scam or not?
For me they look like Binance especially for their personal Verification. But I want to hear your opinion about this.

The project just looks good, I can't any discrepancies that would lead them to scam accusations like stealing people's money or something fraudulent activities link to them. If they wanted for some verification of identity, well most exchange site nowadays kept asking that from ask due to regulations or tracing from money laundering. Just be cool for this site, I'm sure one day they'll be popular like the others.