Binary Option Trading
Up & Down Binary Trading on Prebit
Last updated
Up & Down Binary Trading on Prebit
Last updated
Prebit offers an exciting Up & Down binary trading feature, allowing users to predict whether Bitcoin’s price will move up or down relative to its opening price during a 5-minute event. If your prediction is correct, your margin is doubled (2x). However, incorrect predictions result in no payout.
Event Duration: Each event lasts 5 minutes.
Prediction: Predict if Bitcoin’s price will move up or down from the event's opening price.
Rewards:
Correct Prediction: Your margin is doubled (2x).
The maximum reward pool per event is $2,000, distributed among participants with correct predictions.
Prebit’s Commission: Prebit charges 9% of the prize pool, and half of this fee is redistributed among the winners.
Margin Requirement:
Minimum margin to participate: $1.
Margins can vary based on your preference.
Key Details:
Transaction Fee:
You’ll need to sign a transaction with your wallet.
A small BNB fee (usually less than $0.50) is required to cover Binance Smart Chain (BSC) network costs.
Price Mechanics:
Locked Price: The starting price of the event.
Last Price: The current market price, showing how much the price has moved up or down during the event.
Closing Price: The final price at the end of the event, which becomes the opening price for the next event.
Why Choose Prebit for Binary Trading?
Easy-to-understand mechanics with high reward potential.
Seamless transactions with minimal fees.
Transparent pricing and fair distribution of rewards.
Participate with as little as $1 and compete for a share of up to $2,000 per event.