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Simply put, Countdowns are a trade on whether a product's price will be above or below the current level, at the end of a range of short timeframes, from 30 seconds to one hour. There are only three possible outcomes (win, lose and occasionally, draw) and the amount you can win or lose is predetermined. Countdowns provide a fast-paced way to place fixed-odds trades, with low minimum stake sizes and competitive payouts. While losses are limited per Countdowns trade, you can still make substantial losses as well as gains.