Binary options trading, also known as binary trading, involves predicting whether the value of an asset will rise or fall within a specified time frame. Traders place call options if they believe the price will increase or put options if they anticipate a decrease. Its simplicity attracts many investors, offering predetermined profits or losses, unlike traditional trading where outcomes are indefinite. However, the high risk associated with binary trading demands thorough understanding and strategic analysis. With its rapid pace and potential for quick gains, binary options trading remains a popular choice among traders seeking short-term investment opportunities.