I hated binary trading.
Not disliked but HATED.
Binary trading showed up in my life when I was searching for opportunities and I felt this was my place.
It was a simple concept and was also fast and accessible, I concluded that it was meant for me.
I later discovered that it wasnโt.
I understood that the entire system around binary trading was built on a lie.
The platforms that offer binary trading were also the ones in charge of making the price.
I was competing against their in built system and not the actual market.
There was no transparency, they only provide you with a sleek user interface that makes you think youโre actually trading.
I stepped away from it and promised myself never to go back into it.
So few days ago, I was scrolling here on X and I saw
@bynomofun.
A binary trading platform built on the Solana blockchain, I had to stop and explore what was being built.
I figured out that everything I once hated about binary trading was just a centralization problem.
I figured that with
@bynomofun ,thereโs no rigging and the smart contract is the broker.
The price feeds are onchain and even your funds stay in your wallet ,the outcome of every trade is onchain and open to all.
With
@bynomofun built on Solana blockchain,I knew speed was no longer a problem for me.Transactions settle in seconds and not minutes.
You also have access to 300 Crypto assets,stocks,metals and Forex .
I find it mind blowing.
Binary trading is not suddenly perfect but now that regulation and custodial control is removed and it all happens on chain,itโs becoming better.
If you have been like me and didnโt want to try binary trading,Iโll advice you to check Bynomo.
$BYNOMO #binarytrading