BlockRock Binary Options Beginner’s Guide
Our binary options currently center on predicting the S&P 500 (SPY) daily closing price. The gameplay is simple yet exciting, offering potential returns of up to 20×.
Step 1: Go to the Trading Page and Choose Your Direction
- Access the trading page: Visit BlockRock’s Binary Options page and click Connect on the top-right corner to connect your wallet.
- Select the asset: Currently, the S&P 500 (SPY) index is supported.
- Choose your direction (Long/Short):
- Long (Bullish): Predict that SPY’s closing price today will be higher than your selected target price.
- Short (Bearish): Predict that SPY’s closing price today will be lower than your selected target price.
Note: Daily closing-price rounds are typically open for entry between 16:00–21:00 (UTC+8).
Step 2: Choose a Target Price and Number of Portions
- Confirm your direction: Under your selected Long or Short side, you’ll see several available target prices.
- Pick a target price: Each target price corresponds to a different potential return multiple.
- The more challenging the target (e.g., choosing a Long target far above the current price, or a Short target far below it), the higher the potential return. For example, a 1,000% in the Return column represents a 10× payout if your prediction is correct.
3. Enter the number of portions (investment): Click Trade to the right of your chosen target price, then input the number of portions. The page will show the amount per portion and your Total Initial Capital. For example, if “1 portion = 5 USDT,” 5 portions means a total initial capital of 25 USDT.
4. Execute the Trade: After reviewing and confirming your Target Price, Return Multiplier, and Investment Amount, click Subscribe to place your trade.
Step 3: Wait for Results & Review History
- Settlement: Trades are settled automatically after expiration date using SPY’s closing price. This usually happens at 12:00 PM (Noon, UTC+8) the next day.
- Trade History: On the trading screen, you can view all of your completed trades, including Opened (active, unsettled) and Closed (settled) trades.
- Profit/Loss: From the Closed trades, you can see the outcome. A profitable trade will show your winnings (like
Win 150.00 USDT), while a losing trade will showWin 0 USDT.
Step 4: Claim Your Profits
- View Available Profits: If your trade is successful, the profit will be allocated to your account as Claimable USDT.
- One-Click Claim: Navigate to the “Claim Award” page, click Claim to claim all USDT rewards.
About BlockRock
BlockRock: The on-chain “Goldman Sachs of Derivatives is reshaping the global derivatives market through the blockchain to create the next-generation financial infrastructure powered by RWAs.
Incubated by @worldlibertyfi x @Aqua1Fndn
WLFI Ecosystem | Core RWA Derivatives Platform
— RWA Tokenization Engine
— Liquidity Supercharged by USD1 & DeFi
