A binary option is an event-based contract that comes in the form of a question. On STX, a "YES" results in the contract settling in to $100 and a "NO" results in the contract settling in to $0.
What is a Binary Option?
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A binary option is an event-based contract that comes in the form of a question. On STX, a "YES" results in the contract settling in to $100 and a "NO" results in the contract settling in to $0.