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Instead of buying the asset itself, traders simply make a guess about whether the asset will go up or down in a fixed period of time 1.
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Binary options is nothing more than betting on financial assets, much like you would bet on the outcome of a sports game. The opportunity to exit a binary options trade early means that the trader can garner a profit early without having to wait till expiry We on Binary Options South Africa are not investment advisors but only here to explain how trading binary options works technically. So, is it a scam?
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