Category:60-second options

60-second options, also known as turbo options, are a type of binary options trading that have a very short expiration time of just 60 seconds. Traders predict whether the asset's price will be higher or lower than the current price at the expiration time. 60-second options offer traders the potential for quick profits, but they also come with a higher level of risk.

To trade 60-second options, traders select an asset and choose an expiration time of just 60 seconds. They then predict whether the asset's price will be higher or lower than the current price at the expiration time. If the asset's price is higher or lower than the current price at the expiration time, the trader receives a fixed payout, typically between 70% to 90% of the initial investment. If the asset's price does not move in the predicted direction, the trader loses their initial investment.

60-second options are popular because they offer traders the potential for quick profits and allow traders to take advantage of short-term market movements. However, they also come with a higher level of risk compared to other types of binary options trading.

There are several variations of 60-second options, including:

30-second options: 30-second options have a shorter expiration time of just 30 seconds, offering traders the potential for even quicker profits.

120-second options: 120-second options have a longer expiration time of two minutes, offering traders a bit more time to make their predictions.

In conclusion, 60-second options are a type of binary options trading that have a very short expiration time of just 60 seconds. They offer traders the potential for quick profits but also come with a higher level of risk. It is important for traders to understand the different variations of 60-second options and their potential risks and rewards before engaging in binary options trading.