How to Make Money on The Exnova Binary Options Website

Binary options are evolving, and so are the new sites offering binary options trading. One such website that has evolved to become one of the best next-gen binary options trading platforms is Exnova.

With Exnova, users can invest in slices of companies, commodities, currency, stocks, and OTC pairs with just a touch of a button.

Interestingly, trading on the Exnova binary options website is secure; users can access it from any device.

In this post, we will discuss some of Exnova’s features, and show you how to access your free demo account on this platform.

So, again, if you are reading this post to learn how to make money on the Exnova trading platform but are still unsure of what it is or how to get started, read on to learn more.

About Exnova.

The Exnova binary options trading platform started in 2021 in the Neis and Cyprus area. Exnova is registered in St. Vincent and the Grenadines with the address; First floor St. Vincent Bank Ltd. building, James Street, Kingstown, St. Vincent and the Grenadines.

Like all the other binary options trading platforms of our time, Exnova offers digital options and is unregulated in most regions despite operating globally.

When I wrote this post, Exnova offered 250+ instruments spread across various asset classes. What is the company’s mission, you ask?

To make investment easy and accessible for everyone.

With just a few taps, you should have a portfolio ready and all set to start trading.

Features that make Exnova stand out from all the other binary options brokers.

• Low entry fees: The Exnova binary options trading platform has one of the lowest minimum deal sizes in binary options trading. With just $1, you can open a position to start making money on the platform.
• Trader sentiments: If you are unsure what to trade on, you can use the Exnova trader sentiment tool to see what other people invest in and in what directions their trades have been placed.

This gives you an edge over others, as you can choose to trade with bias or go against everyone else.

• Live chat: Have I already mentioned that good binary options trading platforms need to provide support 24/7? This is advantageous, especially if you want to withdraw your earnings and experience issues or if you just want to confirm something about the platform.
• Social trading: With the Exnova social trading tool, you can copy trades from other binary options traders and earn as they earn.

• Price movement alerts

Now, this is a tool that you don’t find on most binary options trading platforms, yet it is just as good as a working platform.

With the price movement alert turned on, you don’t have to stay in front of the computers waiting for the price to reach your preferred execution point. You can just set an alert and wait to trade when you hear it ring.

• Economic calendar: This is part of the fundamental analysis tools, together with the smart feeds offered by Exnova.
• Negative balance protection: since Exnova also offers leveraged products, they must protect their clients against getting negative balances.

This they do by offering negative balance protection and trailing stop loss tools.

• Quick deposits and withdrawals: You can fund your Exnova account quickly and easily with these payment methods: PicPay, Perfect Money, TED, Advcash, Boleto Rapido, MasterCard, Pix, and many other recently integrated payment methods.

How to trade on the Exnova trading platform

Trading on the Exnova trading website is easy, but if you are new to this, you can follow this guide to get it right.

It helps if you are open to watching free video tutorials offered by Exnova, reading step-by-step instructions offered by the platform, and exploring helpful community chats on the platform.

if you don’t know how to access all that, don’t worry. I will take you on a rodeo.

To get started:

a). Open a trading account

The Exnova account opening process is straightforward.

Go to the official Exnova website and click on the blue button on the page with the text, “Get started—it’s free!

Next, sign up with your email address, or simply tap on the sign up with Google option to get going.

Some of the data required for the process include your country of residence, email, and password for the new account.

You will also be required to read the Exnova Terms and Conditions of Service + privacy policy and agree to them before you can proceed to create your account.

Before you proceed to use the Excnova website, you must know that the products offered by the company have a high level of risk and can result in the loss of all your funds. Don’t invest money you can’t afford to lose.

b). Learn how to trade with the Exnova $10,000 free for all demo account

The demo account in Exnova comes with $10,000 in virtual cash, which can be used to demo trade risk-free.

Risk-free demo trading ensures that you do not risk real money while you are still learning how to trade.

It also gives you full access to the Exnova website.

Use this opportunity to learn what Exnova is all about, check if both deposit and withdrawal methods work, confirm that trade execution is instant and without delays, and most importantly, confirm that it offers the asset you wish to trade.

If you are satisfied with what you have found on the demo account, then you should be ok with the real account.

c). Make a deposit and start trading with real funds.

Real account trading on any binary options trading platform is just as on the demo account.

If you are not sure how to trade, then just bear with me for a minute to show you the deposit process before we embark on the trading process.

How to fund your Exnova account in simple steps.

Notice one thing from the image above.

You can withdraw money from your real account but you can not withdraw money from the Exnova practice account.

This is because the demo account is merely for practice but the real account holds your real money.

Tap the top-up your account button to be redirected to the payment page.

You can finance your account with either of these methods:

• Binance coin (BNB)
• Bitcoin (BTC)
• Cardano (ADA)

These three methods are the recommended ways to fund your account as they only take around 5 minutes to reflect both on deposits and withdrawals.

Other than these three methods, you can also fund your Exnova account with Ethereum (ETH), Litecoin (LTC), Other Crypto, Perfect Money, Ripple (XRP), Tether (USDT), Visa/Mastercard, or Volet.com.

Both Visa/Mastercard and Volet.com are instant payment methods but keep in mind that Visa/Mastercard may not work in other regions.

Also, you will only be allowed to withdraw with the method you used for deposit.

Which method did you choose for the deposit? (Tether USDT)?

If this is your first time making a deposit, choose your account currency. You can either choose USD, EUR, or GBP and click on the next button.

Make sure you choose what you want because you will not be able to change the currency of your account after your first deposit.

Now, choose the amount you wish to deposit, and keep in mind that the minimum deposit amount is $10.

A deposit of $20 and above will, however, earn you a deposit bonus of up to 100% with the promo code “BONUS”.

For example, the image below shows an active bonus giving the client $1,000 on top of the $1,000 deposit amount.

Taking advantage of deposit bonuses gives you an edge in trading. Make sure you claim yours.

Last but not least. Click on the “Proceed to payment” button and you will be redirected to the billing page.

If you are using crypto, you will have a countdown of 10 minutes to complete transfer to the address provided on the billing page.

From here on,

1. Scan the QR shown on the screen with your payment app
   Or copy the payment address and paste it into your payment app
2. Ensure network compatibility
   If you chose USDT, select the tron network manually or your funds will be lost
3. Copy the USDT amount to pay
   then paste it into your payment app or your funds will be lost. You can deposit only USDT to this address

Important! The payment address provided for crypto payment s is unique for each transaction. Do not send funds to the same address more than once.

Complete the payment and your funds will reflect in Exnova in 5 minutes.

Trading with the Exnova demo account.

If you are new to Exnova and you see this popup, click on the Beginner card then on the next slide, choose start basic tutorial.

Take this interactive course to learn how to trade on Exnova.

Otherwise, follow the guide below to get started, if you skipped the tutorial offered by Exnova.

Step 1: Know the goal of trading binary options.

What is that? You ask?

Well, your goal in binary options is to predict whether the price chart shown will go up or down. Note: the chart shows the price of an asset in real-time.

Step 2: Choose an investment amount

How much do you want to stake in a trade?

Remember, the minimum trade amount in Exnova is $1 only. But also keep in mind that the amount of money you choose for your trade will determine the outcome of your trades.

For example, trading with $1 on a 90% ROI should give you a profit of $0.9 with a win. In the same breath, you will earn $90 in profits if you invest $100 and win.

Choose wisely.

Step 3: Set an Expiration Time.

The minimum duration per trade in Exnova is 5 seconds.

However, you can choose even longer trading durations based on the type of trader you are and how quickly you want your profits.

Other factors that may also determine the trade duration you pick are:’

• Your trading strategy
• Your risk appetite
• Account balance

Note: Exnova shows you your potential profit percentage before you even place a trade. Should your prognosis be correct, you will earn up to 90% profits from Exnova.

Step 4: Making a Trade.

Now that you have set all the parameters for your trade, it is time to open your first trade.

Click the higher button if you think the price chart will go up and the lower button if you think the price will go down.

Again, should the price be chosen in the direction you picked, you will make money.

And if it closes in a contrary direction, you will only lose the invested amount.

Conclusion

Don’t trade on a real account if you are not sure about making money trading.

And if you must trade with a real account, trade with your disposable income. This is especially true if you don’t mind losing a set amount of money.

Otherwise, happy trading and see you on the next post.