Classic option – what is it?
The term “classic” can refer to both vanilla and binary options. From the very beginning of their existence, options began to evolve and take on new forms, leading to the creation of many different types. In fact, even binary options are a subtype of standard options, and before they appeared in the form we know today, options had already undergone several stages of "evolution." The classic option gradually became the prototype for new types, which, by forming their own standards, also eventually become “classic” in their respective categories.