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is it legal or legit to invest in binary options in india.


29-Jun-2023 (In Cyber Crime Law)
is it legit or legal to bet in binary options in India ? if yes, is it legal to invest on someones advice or tip or signal on telegram ?
Answers (1)

Answer #1
752 votes
individual decisions of speculation that is set to limited by compliance of SEBI rules is valid. however, people lose life time savings in such short term of greed, it's best not to indulge into it. there's no way to prove beyond reasonable doubt that you're tipped over the social media. if the person is not available in person, don't buy the tip to invest. chances of getting fooled are doubled if you don't get to see the person at a regular workplace. it might be a scam. it sounds like one. something doesn't add up.
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