LEARN HOW TO MAKE MONEY ON NAIRABET BINARY OPTIONS.

What is Nairabet binary options?

Nairabet.com binary options involves trading on assets with a fixed return that is determined at the start of the trade.

In essence, binary option is nothing more than a prediction on which way the price of a stock, commodity, index, or foreign currency will move by a designated expiry time.

Nairabet.com Assets List:

1. Commodites:

Oil

Gold

Sugar

Corn

Silver

Platinum

2. Indices:

FTSE 100

MICEX10

CAC

TEL AVIV 25 (available on Sundays)

DAX

IBEX

TADAWUL

ASX FUTURE

CAC FUTURE

FTSE FUTURE

DAX FUTURE

NASDAQ FUTURE

3. Currency pairs:

EUR/USD

USD/JPY

USD/CAD

USD/TRY

USD/RUB

EUR/GBP

BitCOIN/USD

4. Stocks:

DANONE SA

FRANCE TELECOM

TOTAL

LUKOIL

UNILEVER

TESCO

LOUIS VUITTON

RIO TINTO

BHP BILLITON

HSBC HOLDINGS

FIAT

SBERBANK

SAB MILLER

BP

GAZPROM

BRITISH AMERICAN T

DEUTSCHE TELEKOM

BARCLAY

BNP PARIBAS

NAIRABET.COM BINARY OPTION BASIC TERMS.

1. Underlying assets:

This refers to the assets such as commodities, indices, stocks, currency pairs and already listed above.

2. Expiry level(Rate):

This refers to the rate at the time and date of expiry of your asset.

3. Entry rate(Price):

This is the current market rate at which you enter into a bid as displayed on your slip before your bid.

4. Expiry time:

This refers to the time the option expires depending on the type of option you pick, it can vary from 60 seconds to over a year.

5. Protected amount:

This refers to a bonus return you get if you lose the trade. It is 10% of your initial investment.

*Our Nairabet.com rate is in line with rates at Reters.

NAIRABET BINARY OPTION TYPE#1

Classic binary options:

Figure 1:

To use classic binary options:

Step 1: Click on “binary options”(in the diagram above).

Step 2: Select your asset type.

Step 3 : Select your CALL/UP or PUT/DOWN option.

Selecting “CALL/UP” means you are bidding for the value of the asset to close above your entry rate by the end of your expiry time.

Selecting “PUT/DOWN” means you are bidding for the value of the asset to close below your entry rate by the end of your expiry time.

In the case of the diagram above, entry rate is “1.61598”.

Step 4: This shows the return on your investment if the bid goes your way, hence, in the diagram above, if you bid N100, your return would be N171(100 X 71%).

Step 5 : Select your expiry time. This can be any time between 15minutes and one year.

Step 6 : Enter your investment amount which is the amount you want to bid for a return.

Step 7:This is for “payout”. It shows your return on investment if your bid ends in “the money”.

Step 8: Click on “apply” to start your trade.

Below/Above rate: Above rate shows the amount of returns one would get on CALL/UP option if the market ends below your entry point (if your option expires out of the money).

If you chose the DOWN/PUT option, you will get an above rate which simply shows the returns you would get if the market closes above your entry rate.

After this, you will have a 3 second chance(last chance) to cancel your trade, your entry rate remains the same during this period. If you choose not to cancel during this period, your tradingwill commence.

VIEWING YOUR TRADE

While your trade is going on, you can scroll to the bottom of your page and click on “open positions” to view trade positions:

Figure 2:

1 = Transaction ID

2 = Asset being traded

3 = Entry rate

4 = Market position at the moment.

5 = Selected option(UP/DOWN).

6 = Entry time and/or date.

7 = Expiration time.

8 = Investment.

9 = Your potential win. While you are out of the money, payout shows either your above or below rate.

10 = Displays a chart that allows you monitor your position by the minute.

11 = To view “double up” OR “roll over” option availability (to be discussed later).

Click the “+” sign to monitor chart for a particular trade:

Figure 3:

The image above shows the chart of the current market trend of an asset.

This asset is currently in the money (winning) hence the graph is green.

1. Double up: This feature enables a trader increase his initial investment. Click the button to double up your investment amount at any time.

A second trade will be initiated. Please note that the entry rate of your second trade would be the current market rate and not the entry rate of your first trade.

2. Roll over: This is only available when you are in a losing position.

Figure 4:

Roll over allows you to extend the expiration time of your trade to one of the next available options.

Features of Roll over:

An additional 30% would be added to your initial investment amount.

You have to be in a losing position to use roll over.

You can not roll over to the last expiry time of the day.

You can only roll over once.

NAIRABET BINARY OPTION TYPE#2

Option Builder(1):

Figure 5:

This allows you create your own custom made trading option. This means you can choose:

The exact asset(2)

Your exact expiry time(3)

Your risk level (4)from a wide variety of risk spread. For example, 70%/10%, means you want a payout of 170% on your investment and a 10% return if you lose.

Your exact investment amount(5)

After choosing your customized options, you can go ahead with selecting your CALL/DOWN option and then continue with your trading as explained in the steps for Classic binary options above.

NAIRABET BINARY OPTION TYPE#3

60 Seconds:

60 seconds option works just like classic binary option. The major difference being that trading lasts for just 60 seconds. This means you get your outcome within 1 minute of starting your trade. For this option you have a range of pre-set investment amounts which you are required to pick from. This is a good place to start if you are coming from a sports betting background.

Figure 6:

60 seconds features:

Step 1: Select the 60 seconds option.

Step 2: Select the asset.

Step 3: Select investment amount from preset values

Step 4: Indicates the 60 seconds trading duration.

VIEWING YOUR TRADE HISTORY/ TRADING PORTFOLIO

This enables you view your trading portfolio in any of the binary options listed above.

Figure 7:

Step 1: Select open positions near the top right of your page.

Step 2: Select either the “regular” which shows your trading portfolio on all the binary options types except the ‘one touch’option for which you need to click the “one touch” button to view.

Step 3: Select the start and end date of the trade you want to view.

Step 4: This indicates the position of the trade; either expired(past trades) or open position(an ongoing trade).

Step 5: The exact asset. You can leave this at the default ‘All assests’ to view trades on all assets.

NAIRABET BINARY OPTION TYPE#4OPEN PLATFORM

This works just like the other options discussed above, the major difference is you can sell out and close trading while the trade is on before your chosen expiration time.

You can sell only when the graph is in the “sell option zone” (that’s the part with a blue background) as no sale can take place while trade is in the “no trading zone”(red background).

Figure 8:

Figure 9:

STEPS ON HOW TO TRADE USING OPEN PLATFORM

STEP 1: Select the asset you choose to trade on

STEP 2: Select the date and time you wish for your trade to expire.

STEP 3: Select the “call/ put ” option.

STEP 4: Enter your stake.

STEP 5: Select “apply” to start the trade.

STEP 6: Select the “sell’’ or ‘’ double up(X2)” option in order to sell or double up your current trade respectively .

STEP 7: This shows the current rate and time of the trade.

STEP 8: This is the entry rate of the trade.

STEP 9: This shows the chart.

STEP 10: This shows the “protected amount”.

STEP 11: This shows the trader’s choice.

Traders’ choice is a popularity poll that shows the percentage of what other traders have selected.

To sell a trade, select the “sell” option in step 6 and you are being shown the selling price, after which you would be given 3 seconds to approve the transaction. Without an approval the ‘sell’ won’t be complete.

Figure 10:

To double up a trade, select the “X2 (double up)” option in step 6 in Figure9 above.

Figure 11:

After approving, your double up request:

Figure 12:

A second trade will be initiated after as shown in the diagram above. Please note that the entry rate of your second trade would be the current market rate and not the entry rate of your first trade.

Viewing Your Trading Portfolio:

You can also view your expired positions on a particular trade by:

STEP 1: Selecting “open positions” and filling the dates you wish to view.

STEP 2: Selcting the “expired” option

STEP 3: Viewing the expiry rate of the particular trade.

STEP 4: Viewing the payout amount(selling price).

Figure 13:

ONE TOUCH OPTION