Do you know that binary options remain cash-settled like the European-style trades? This simply means that binary options daily can be practiced on the expiration date. In case the options settle in the money at expiration, then the seller or buyer of the trades will receive a pre-specified dollar equivalent. In case the trades settle out of the money, then the seller or buyer will receive nothing. This simply displays a gain or loss risk assessment. Unlike local trades, binary options daily usually offer complete payout date due to a single pip movement. Depending on the platform a trader is using, nothing in most cases can simply mean something. This can be practically explained by saying that a trader can be offered certain payout amounts at expiration time. This also follows if the option expired out of the money. It is important to know that binary options daily can be encountered by traders under another name. In Forex exchange platforms, binary options daily can be called digital trades. Are you looking for useful tips on how to understand binary options daily? Read on to discover how to understand binary options daily as required.