What is Binomo trading and how it is work?
In 21st century people want to fulfil their dreams and live peacefully but the salary which they are getting is not enough to live a luxury life. It is important to have some additional source of income. Cost of leaving is increasing rapidly so in this situation some second source of regular income plays an important role.
What is Binomo and how does it work?
Binomo application is based on online trading platform in which you can earn though trading. Trading is basically a selling and buying goods. The goods can be in any form Such as stock/Bonds/Physical goods and many more.
What is a binary in trading?
In today’s world people are keep on searching “how to earn money online”? Here a term emerged which is called Binary trading.
Binary trading is based on assumption in which you can predict the future of two output. The output could be buy or sell (In terms of trading). If your prediction is positive which is upside of graph then all you need to buy the Stock up to certain point from which the graph will move upward. In case the prediction will goes as you expected you will earn money and in case the prediction will not work you will face the loss of your stake.
How do you start binary trading?
There are several options available in market and the best option is Binomo Application you can simple open your account and complete your registration then boom you can start book earnings. All you need to do just predict the future of commodity or stock. For example, consider Gold. Gold is the commodity which make up and down on daily basis. Just read and analyses the basis trend of the market and summaries the result. After this preparation it would be simple to judge the future.
What are the types of trading?
Types of Trading
- Intraday trading (Buying and selling Trade for a day)
- Swing Trading (Buying and selling trade within 4-5 days)
- Positing Trading (In which you can hold Position for short period)
- Long terms trading (In which you are holding Stocks form long time such as for year or 10 year)
- Scalping
- Momentum Trading (Depending on Market movement)
One questing which comes in many of your mind is “why people do trade through app”. So, the answer is, in this busy life where people are wondering about the second source of income mobile phone is one of the best and easiest way to earn. Mobile applications have made life easy and convenient.
How to open an account in Binomo?
Just follow the link given below and simply register yourself with no extra hidden charges. Opening an account is not a hassle process simple enter your name age email ID Some personal Details your PAN card number, upload your photo and with in 10 minute you can open your account.
If you are operating an android phone then you can also use google play for this application. Just simply search or you can Download Binomo Application from here.
How many trading account binomo offers?
Binomo offers basically 4 type of trading account which are listed below
Demo account
This is basically a demonstrating account in which binomo offers you 65 thousand INR through which you can learn how to use and earn. Please note with this money you cannot trade in live market.
Standard Account
This is the second type of binomo account in which for the live trade you need to deposit some basic amount so that you can trade online. You can start with 500 Rs.
Gold Account
In this account you need to invest at least 30000 Rs. You can avail multiple benefit through this account like 90% profit over trade or withdraw the winning amount within 24 hours. Binomo will give you 54 assets and 5% cash back on weekly basis. The additional benefit which presents here is insurance benefits which we good to recover the losses.
VIP account
IF you are depositing more than 65000 INR in Binomo account then you can earn up to 90% profit. The additional feature of personal manager or risk-free trade is also there. You will get up to 10% cash back on weekly basis and you can withdraw the winning amount with in 4hour of time.
How to trade on Binomo?
After Filling all necessary information on the portal, you account will be live. Now you need to choose an asset. Further you can choose a currency. On the portal you will find many currencies and the profit in front of them. They will get the profit in the same currency in which you have taken a trade.
After choosing a currency click on time option. From here you can choose that how much time you can trade. In the portal you can trade from 1 minute to 60 Minute.
On the right-hand side, you will find the investment option here you can deposit from 500 RS to 65000 Rs.
Now you can see the graph which would be moving up and down now keeping the graph in mind you can trade. On the left-hand side, you will find the option of Up and Down. In case you have a hard feeling that the graph will go up and you can get profit click on the up button and vice versa. In case our prediction would be accurate you will get profit else you will lose the stack.
