There are many postal currency cards, WeChat microtransactions and binary options websites on the Internet, with slogans such as "portfolio investment, simple transaction and quick return", and using Internet beauty WeChat and group chat to attract investors to participate in binary options transactions.

It is understood that binary options, which is traded on these online platforms, evolved from overseas gambling, and its trading object is the price trend of foreign exchange, stocks and other varieties in a certain period of time in the future. Both parties to the transaction are online platforms and investors, and the transaction price and income are determined in advance. Its essence is to create risks for investors' speculation, and it does not have the function of avoiding price risks and serving the real economy. It is essentially different from regulated options and financial derivatives trading. Its trading behavior is similar to platform gambling, and the unsupervised trading software on the platform can even be used in the background. At present, the local public security organ has filed a case of Internet platform fraud in binary options.

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