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its binary options, which have long and spotty history. The payout does not cover owernship of an asset and typically the payouts are adjusted to be overall quite disadvantageous for retail bettors. I would stay away, it doesn't matter how they try to rebrand it. do your own research on binary options as they say.

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Binary options are only thought to be bad because they traditionally have been run by scammers like bucket shops. The binary part is a distraction - it's just because they were easier to describe to the victims.

As a type of investment though, there's nothing wrong with it - if risk-mitigation is what you need.

If the binary nature was a problem they could easily structure these to be non-binary, such as bet on a game and don't return 1/0 but the actual game score 21/15.

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