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BINARY OPTIONS
Binary Options Trading Schedule
Binary options trading is available 21 hours and 28 minutes a day, six days a week. Trading starts on Sunday night and ends on Friday night.
Trading Hours
You can place bets from 22:31 UTC on Sunday to 19:59 UTC on Friday. New bets are accepted daily until 19:59 UTC and from 22:31 UTC.
Bet limits
The minimum bet is $1, and the maximum bet is $1000. Options are traded without commissions.
Chinese and American Options
The primary difference between Chinese and American options is the presence of a spread.
Chinese Options: When betting on a price increase, the bet opens at the Ask price. When betting on a price decrease, the bet opens at the Bid price, with no delay. The spread is considered in these options. If you open a bet at the Ask price, it will be closed at the Bid price, and vice versa.American Options: Bets are made without a spread. The bet opens at the average price between Ask and Bid for both price increases and decreases, but with a 60-second delay.
Bet payouts
Payouts vary depending on the duration of the bet. Longer periods offer higher payouts.