Hello, the essence of binary options is that you place bets on whether the price of a certain asset will fall or rise in the short term. If you guessed correctly, the bet is returned with a profit. If you didn’t guess, the bet either remains or burns out. For those who are interested in this issue in more detail, I recommend that you first read the information about what binary options are and how to manage them, as well as choosing the best binary options brokers. ( https://tradersunion.com/ratings/binary/common/ )