What is Spot Machine?
Spot Machine brings binary options to the machines. Binary Options is merely a prediction of whether the price of an asset (stock, currency, index, or commodity) will rise or fall by an expiry.
FOR EXAMPLE, if the price of gold is currently 1500, will it rise or fall in the next 30 seconds.
If the player thinks it will rise, he will press “UP”. If he thinks it will fall, he will press “DOWN”. It’s that simple.
Binary Options are regulated by both gaming and financial regulatory bodies. CySEC regulates them as financial instruments, and the FSA and LGA regulate them under gaming. Spot Machine provides licensed market making through CySEC via partnership with SpotOption Exchange, and passed the compliance of the FSA and LGA.