What are accumulator options on the Deriv Binary Options Platform?

What are accumulator options on the Deriv Binary Options Platform? Accumulator options allow you to predict whether the current spot price remains within a predefined range from the previous spot price. Automate your trading ideas without writing code using DBot – A free Trading Bot. What are accumulator options – How do accumulator options work? Accumulator options allow you to express your view on the range of movement of an index. With accumulators, your payout will grow exponentially as long as the current spot price remains within a predefined range from the previous spot price. The size of the predefined range depends on the growth rate and the chosen index when opening the contract. You can set the growth rate at 1%, 2%,…