Reasons For Downloading Binmo During The Crisis In Thailand

Novel coronavirus is breaking the solid boundary of modern world norms, and the crisis is approaching the entrance of all countries. We are witnessing how the cosmopolitan paradigm has changed from a world phenomenon to a series of features and definitions explained in history and economics textbooks.

In the face of global threats, when countries call for isolationism rather than mutual assistance, what seems impregnable has been fragmented. The fragile balance of globalization and the interdependence between countries were destroyed by an event that interrupted the continuous production sequence and continuity of important countries on which other countries depend for survival. The outbreak of Chinese coronavirus will only make the world realize that the world economy is not interdependent, but depends on China. If China sneezes, other countries in the world will say “no”. Bless you;

Since the death toll is close to 200000, millions of people are directly or indirectly affected by the consequences of infectious diseases, and the personal loss caused by infectious diseases has not been counted yet. The socio-economic situation of most countries will be affected by infectious diseases, which will destroy families just like earthquakes, making economic survival the most serious problem this year. This will be the 10th year of this year. Although it takes several years to calculate the impact of viruses on human beings, the economic reality is very clear.

In the economic sense, the GDP of major economic powers will decline significantly, so no country can avoid the impact of infectious diseases. It is estimated that the United States will lose more than a quarter of its production by 2020. China’s economy will have the worst economic data in the past 10 years, and most European countries will stagnate with the implementation of quarantine restrictions.

The number of jobs lost due to the economic downturn will reach one million, which will inevitably lead to an increase in the social and psychological pressure of ordinary citizens. Under pressure, the productivity of power may decline, and the market will experience unprecedented power inflow, with no vacancy to be filled. The United States has reached the historical milestone of 3 million unemployed people, and the number of unemployed people will rise in the coming quarters. Because major industries such as liberal arts, electronics, etc. of the Ministry of National Defense will be forced to lay off workers indefinitely and rely heavily on closed Chinese manufacturing facilities. It is difficult for the government to achieve a balance between social policies and industrial policies, thus limiting the relief finance for individual industries.

The investment flow of tourism, shipping and related industries in Southeast Asia will be significantly reduced, and the impact of the epidemic will be inevitable. The isolation order implemented by the largest tourism bureau has no funds flowing into hotels, restaurants and travel agencies, and even requires the payment of compensation for advance booking. In the tourism season of 2020, whether you want to spend time at the seaside or worry about the danger of traveling to countries that have experienced novel coronavirus, cancellation or arrival may lead to death.

Thailand’s economy largely depends on tourism, which accounts for 17% of the country’s GDP. The loss of these important sources of income will undoubtedly lead to unemployment and millions of local people will lose their sources of income. The country’s GDP is expected to decrease by 10%, but the measures taken by the local government will be eased, but the extent may be too small.

But the loss of normal jobs in the market and the closure of hotels, resorts and restaurants do not mean that people have no choice. Some industries continue to open up to new employees, and the income level exceeds the office business.

The trading market is no longer a high threshold industry. Because even ordinary citizens with little savings can learn the tricks of trading through various information sources and start making money when the market volatility increases. It can be observed during the crisis.

Prospects of Fenomo in Thailand.

Binmo platform is the main platform to provide Thai citizens with opportunities to make money in the case of increased market volatility. The broker is a comprehensive platform, providing all those who want to trade tools and tools with the tools and tools needed to capture market trends and obtain income.

Binomo on the Binomo website downloaded the Thailand section, providing users with the opportunity to install applications, and began to use various policies to trade various assets, from stocks and bonds to cryptocurrencies and bulk commodities. All the work of Binmo is safe and there is no fraud. The platform is certified as “safe”. A ″; member of the International Trade Commission, who has won many awards in a series of categories.

Binmo website products

The global Binmo website is available in 15 languages in more than 130 countries. The Binmo Thailand section of the website provides an opportunity for all new users to evaluate the functions and functions of the platform free of charge through the demo version of the virtual currency balance of $1000.

After testing the platform in demo mode, users can start the registration process and provide personal credentials(such as passport details) to connect email addresses and comply with international KYC and AML policies. Once an account is opened, users can recharge their personal balance with $10 or euros and start trading orders as low as $1.

Rich training courses and useful articles can also be found on Binmo’s official website, which contains a lot of information about trading strategies, technical analysis tools and technologies developed by professional traders. The website also contains many guides for users to log in easily and explain the possibility and functions of the platform to new users, such as deposit and withdrawal.

Benefits of Binmo applications

Binmo application can be used on desktop and mobile platforms, providing opportunities for Android and iOS users to continue trading on the mobile. In addition, the Binomo application is available all year round, with no days off or weekends.

conclusion

Thailand’s economy will feel the impact of the novel coronavirus epidemic, and millions of people will lose their income from traditional jobs. However, platforms like Binomo allow users to visit Binomo on the platform’s official website, download the Thai part, and take advantage of market fluctuations to obtain additional benefits. Binmo Thailand provides a global opportunity to make money.