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Awesome Miner vs Binomo

Awesome Miner vs Binomo Comparison Table 2024
Awesome Miner Binomo
Review
2
Review
3.4

Awesome Miner is a sophisticated crypto mining platform with a range of advanced features, compatibility with many different pools and a huge list of mineable tokens. The company behind the program is Swedish-based IntelliBreeze Software AB, which launched in 2012.

Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.

Comment by Reviewer
"Awesome Miner is a good option if you need the infrastructure for significant mining operations. The web interface and low minimum investment also makes the platform very accessible." "Traders who enjoy straightforward, fast-paced trading on forex and stocks should check out Binomo's short-term binary options. The intuitive platform and joining requirements make the brand particularly attractive for newer traders."
Pros
  • Optimisation for the Antminer L3+ firmware is available, offering up to 40% higher performance on the Antminer S17 ASIC
  • Sophisticated features including native overclocking to profit switching, monitoring and multi-user access
  • A HTTP API can be used to monitor mining activities from an external application, providing flexibility
  • The Remote Agent package enables the Managed Miner concept on a remote computer
  • Few will run mining operations larger than this platform can handle
  • You can choose from a monthly or yearly subscription
  • Custom-designed platform that works quickly on mobile devices
  • Demo account available to all with no restrictions
  • Low minimum trade value from $1
  • Competitive payouts up to 90%
  • Thousands of daily traders
  • Low minimum deposit of $10
  • Clear tiered account system
Cons
  • Weak regulatory oversight with low trust and safety score
  • It takes time to get familiar with all the features and tools
  • Limited customer support through forums and email
  • Some reports of slow processing
  • Contract expiry times of 1 minute to 1 hour are very short term for many traders
  • Limited extra features with no copy trading
  • Small selection of tradeable instruments
  • Weak regulatory oversight
Instruments
Crypto Mining Fixed Time Trades
Demo Account
No Yes
Minimum Deposit
$0 $10
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
N/A $1
Regulator
N/A
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
N/A iOS and Android
App Review

The Binomo app distinguishes itself by offering a comprehensive toolkit, including a risk-free demo account and over 30 analytical tools for technical analysis, ensuring newcomers and seasoned traders can confidently navigate the markets. Moreover, its diverse asset offerings across various markets, coupled with the opportunity to leverage CFDs provides a range of opportunties, all while having access to 24/7 support.
Android App Rating
4.7
iOS App Rating
4.6
Auto Trading
BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$30
Islamic Account
No No
Account Currencies
  • USD
  • EUR
Stock Exchanges
Commodities
Forex Trading
Forex trading not offered Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.
GBPUSD Spread
N/A
EURUSD Spread
N/A
EURGBP Spread
N/A
Assets
19
Cryptocurrency
Awesome Miner is a user-friendly solution for managing mining operations. There is up to 200,000 ASIC miners and 25,000 GPU/CPU miners with a choice of payment options. You can get started with the solution in a couple of minutes. Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.
Spread
NA N/A
Coins
  • BTC
  • LTC
  • BCH
  • ADA
Crypto Lending
No No
Crypto Mining
Yes No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.
Payout
90%
Expiry Times
1 minute - 60 minutes
Ladder Options
No No
Boundary Options
No Yes
Review
Review
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