Trading guide

Crypto binary options trading: a complete guide

Binary options let you take a short, defined-risk position on whether a crypto asset's price will go up or down within a fixed window. This guide explains how they work on Wezrix, including the 92% payout model, 30-second to 15-minute expiries, and how to place your first trade responsibly.

Payout

Up to 92%

Expiries

30s – 15m

Risk

Fixed per trade

What are crypto binary options?

A binary option is a simple contract with two possible outcomes. You choose a crypto pair (for example BTC/USDT), pick an expiry time, and predict whether the price will finish higher (a "Call" or "Up" trade) or lower (a "Put" or "Down" trade) than the entry price. When the timer ends, the trade settles automatically: correct predictions earn a fixed payout, incorrect ones lose the staked amount.

Unlike spot or futures trading, you don't own the underlying crypto and there's no liquidation price or margin call. Your maximum profit and maximum loss are known before you open the trade.

How the 92% payout works

Wezrix binary options pay up to 92% on winning trades. If you stake $10 and win, you receive $19.20 back — your original $10 stake plus $9.20 profit. If you lose, your $10 stake is forfeited. Payout percentages are shown on the trading panel before you confirm the trade, so the risk/reward is always transparent.

Example

  • Stake: $50 · Direction: Up · Expiry: 1 minute
  • Win: $50 + $46 profit = $96 returned
  • Loss: −$50

Expiry times: 30 seconds to 15 minutes

Short expiries suit scalping and reacting to fast price moves, while longer expiries give the market more room to trend. Common choices on Wezrix include 30s, 1m, 2m, 5m, and 15m. Match the expiry to the timeframe you actually read on the chart — trading a 30-second option based on a 1-hour signal is a common beginner mistake.

Placing your first binary options trade

  1. 1Create a Wezrix account and complete KYC to unlock live trading.
  2. 2Fund your wallet using a supported deposit method.
  3. 3Open the Binary Options page and pick a crypto pair with active price movement.
  4. 4Read the chart, choose an expiry that matches your signal, and set your stake.
  5. 5Click Up or Down to open the contract; the countdown and payout appear immediately.
  6. 6The trade settles automatically at expiry — your balance updates with the result.

Basic strategy ideas

Trend continuation

In a strong uptrend, take short-expiry Up trades on pullbacks to a moving average or support level.

Range trading

When price is consolidating, sell tops and buy bottoms of the range with 1–5 minute expiries.

News-driven volatility

Around major crypto news, avoid the first spike — wait for direction to confirm before entering.

Position sizing

Risk a small fixed percentage of your balance per trade (e.g. 1–2%) so a losing streak doesn't wipe out your account.

Risks to understand before you trade

Binary options are high-risk, short-duration contracts. Each trade can lose the full staked amount, and rapid consecutive losses are possible. Only trade with capital you can afford to lose, keep position sizes small, and confirm that binary options trading is legal in your jurisdiction before opening an account.

FAQ

What is the minimum trade size?

Minimums vary by pair and market conditions. The trading panel displays the current minimum before you confirm any trade.

Can I close a binary option early?

Binary options settle at expiry. If early close is available for a specific market on Wezrix, it will appear on the trade ticket.

Do I need to own crypto to trade binary options?

No. You trade the price movement using your Wezrix balance — you don't hold the underlying asset.

Are binary options the same as futures?

No. Futures use margin and have variable P&L based on price movement, while binary options have a fixed payout and a fixed maximum loss set at trade entry.

Ready to try binary options on Wezrix?

Open an account to access binary, spot and futures markets from one secure platform.

Create account