Boom Options as the Latest iGaming Trend
07/15/2024 16:45Boom Options as the Latest iGaming Trend
The iGaming sector experiences explosive growth. Thousands of newcomer companies enter the market and lead to the exceptionally high competition level. Gamblers are tired of one and the same options and expect to meet some brand-new opportunities. Boom options are exactly what gamblers need. The solution appeared at the crossroads of casino gambling and trading to provide players with whole new emotions.
What Do Boom Options Mean?
Boom Options is a trading instrument designed by FintechFuel. The solution is based upon the principle of traditional binary options – the main goal of a trader/gambler lies in predicting where an asset price will move further, higher or lower. It doesn’t matter on how many points the price changes. Players just need to select the right direction.
Users have 15 seconds to bet on the preferred direction. Within one round players are allowed to place up to two bets. Furthermore, they can cancel bets before the beginning of a new round.
The expiration time is not fixed – it can happen within 60 seconds. At the beginning users may get the profit of 100% which increases gradually. The longer gamblers wait, the higher profits they receive. Meanwhile, players need to fix their profits before an option expires.
As such, gamblers have access to the gaming mode that combines the features of traditional binary options and some gameplay innovations. On the one hand, higher risks take place. On the other hand, possible profits are much higher as well.
The leaderboard makes the process even more exciting. Players try to reach the top positions. A feeling of a tournament appears.
Key Pros of Boom Options Powered by FintechFuel
- Gambling businesses get a perfect solution to diversify their product offerings by adding a brand-new option.
- Boom Options combine gambling with the trading process. Players place bets relying on technical and fundamental analysis.
- A set of analytical instruments enables gamblers to dive deeper into the process, unlock different indicators, and predict further price movement of a certain asset.
- iGaming businesses attract new clients who are interested in trading. Spontaneous expiration makes the process even more exciting.
How to Implement the Boom Options Solution within Your iGaming Business?
When talking about the key pros of Boom Options, there is one more advantage – business owners may easily integrate such a solution. The following steps are mandatory:
- Connect the trading platform via a straightforward API. Business owners experience a quick and effortless launch.
- Customize a platform to make it compliant with your brand. That is exceptionally important for gambling businesses to increase the recognition of their brands.
- Start attracting new gamblers/traders who are interested in a revolutionary gambling solution.
Hence, complete the above-mentioned steps and get a significant competitive advantage.
FintechFuel is Always One Step Ahead of Your Competitors
FintechFuel-driven solutions aim to develop your businesses. Brand owners access a combination of innovative features and the easiest integration process. Gambling and betting providers access cross-market products that expand your offerings, and provide your clients with the exciting trading experience.
White Label solutions powered by FintechFuel make it possible to customize platforms under your brands while the launch time is as minimum as possible.
Bottom Line: Win Your Place under the Sun with FintechFuel
The iGaming market grows rapidly. On the one hand, beginner companies still have chances to succeed. On the one hand, business owners need to implement something new on a regular basis to both attract new gamblers and retain the existing audience. FintechFuel unlocks access to ready-made innovations that grant business owners a huge head start over competitors.
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