The official Rollbit site crypto trading options open. - page 2.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: ?? on ??

I also wonder how a gambling site can offer trading platform at the same time,

but you dont wonder why there were gambling site with investment option ?
if that was possible why not this one because trading and investing are close to each other .

Quote

I've done betting and trading, but on a different platform, with this one its totally new and hopefully Rollbit can deliver the great service since they are planning to offer two market at the same time.

offering two market at the same time is not easy .
expect that there will be errors at first but if they are dedicated to this project they will work hard to flourish it .
you not need to jump on different platform to another to do your other activity because rollbit merged this two goodies at one place .

janggernaut

legendary

Activity: 2366

Merit: 1130

Quote from: Maus0728 on April 07, 2021, 12:38:54 AM

Edit: I can't understand what you are referring to as financial or non-financial.

Maybe what he meant by financial and non-financial is using real money (financial) and demo account (non-financial).

Anyway i can't wait to see crypto trading on rollbit too, if that will same with binary option, that would be good since it easily to understand.

mu_enrico

copper member

Activity: 2324

Merit: 2142

Slots Enthusiast & Expert

I suggest you guys try this game instead. It's more fun with 3D cars (racing) animation.
I'm not a fan of binary trading and stuff with its charts and numbers. Not fun!
However, I can't say much since Rollbit hasn't launched its game. Perhaps they can somehow make it more appealing than Binance.

Maus0728

legendary

Activity: 1904

Merit: 1563

As far as I know, a good example of Binary trading is that, let's say for example, a trader or the gambler is analyzing whether the price of XYZ coin will be trading above $100 on April 15, 2021 with a specific time at around 1:00 AM. This is when the gambler/trader will trade his estimation if that coin is either going up or going down.

Obviously, if the price is trading higher than $100 on April 15 at 1AM which is the expiration date, the trader will then receive the payout that is equal to the bet amount or as per the casino's payout percentage otherwise, he will lose if the trader/gambler's bias did not materialize.

[1] https://www.investopedia.com/terms/b/binary-option.asp (Further info)

Edit: I can't understand what you are referring to as financial or non-financial.

YOSHIE

legendary

Activity: 2128

Merit: 1775

Now I better understand the two options available on the Rollbit gambling site, no doubt, this looks different from the others if it is true that it is called a binary options system, there are two choices for gambling bettors.
• financial or non-financial, where bettors can pay in binary amounts or not at all.

If binary options are implemented on the Rollbit site, I think not all countries can be lucky, limited, I believe this option can be more profitable for the gambler, I understand now from crypto trading on gambling sites.

However, these two answers have shed some light on what is meant by crypto trading in gambling.
Once again, thank you friends.
l wish you all the luck and success.

avikz

legendary

Activity: 3080

Merit: 1500

Well it's not a traditional trading offered by this website. What they are offering is Binary trading. Here you need to guess which way the index will go within a fixed period of time and if your prediction is correct, you will earn money. So it's not a traditional system and comes with a fixed time of expiry.

If you get better understanding of how the system works, download an app called "Olymp Trade" from the playstore or IOS store. They offer a demo account which you can use to get a hands on experience. It is gambling by nature!

Maus0728

legendary

Activity: 1904

Merit: 1563

I guess Rollbit is not offering a particular type of trading that Binance or any other exchange have. As far as I remember, Rollbit is about to launch a "Binary Options" in their website and is not a Spot or Futures type of market in particular. As I can see, though, launching Binary options on a gambling website is pretty unique and is quite a smart move on their end, so I think none of the current existing gambling site and in the past is currently offering such option.

Just to add, Binary trading is basically 1/0 or YES/NO type of trading at a given period of time. Hence, it is derived from the word Binary that has only 2 options. Personally, it is a hybrid of "Ace Deucey" and "Trading" which of course includes indicators.

YOSHIE

legendary

Activity: 2128

Merit: 1775

So far I bet on gambling sites, of course, with the basic rules of each site that apply, the risk of winning and losing in games is a habit of gambling players.

In general, deposit and bet gambling sites, yes, all know that, however, I was wondering to myself about Rollbit gambling site.

By offering crypto trading.

Indeed Rollbit currently offers a variety of casino games like gambling sites in general.

I do not want to rush to ask them directly: about Cryoto trading which says it is intuitive and seems attractive and can't wait to trade.

As they say:

Question that was buried in my soul...!
• Are there any other gambling sites like Rollbit.
• How do we make two options on one site, bet and trade.
• and how about the bet balance and trading balance separately or in one column.
• Have you ever done this kind of trading and betting.

Yes, I can't wait to see the surprise of the rollbit team/management in these two methods, I find it interesting and we need this kind of option, I feel a little different from others: betting and trading.
Two thoughts that arose from my brain, tired of betting to continue trading / tired of trading to continue betting.

What do you think about these two options.

Just an exchange of opinions and experiences that have ever existed, if any...!

Topic: The official Rollbit site crypto trading options open. - page 2. (Read 382 times)