Betex is a leading platform for P2P financial derivatives trading. This lets users place bets on future changes with each other. As a platform provider, we can not engage in betting. Thus, there is no way for us to use it. We only benefit from collecting service fees.
Thousands of brokers and traders around the world massively used these instruments at the time. This is well-liked because of the simplicity of concepts and high chances of success. The industry is experiencing exponential growth until 2014, reaching more than $ 30 billion in annual turnover. But there's something wrong there.
In the following years, the claimants are qualified and qualified. Evidently, a great concept behind Binary Options has been undermined by shady and dishonest brokers, their appetite for profit and the fact that there are infinite possibilities for them to deceive their customers.
Binary Options is a financial derivative instrument that requires traders to correctly indicate the direction of price movements. Estimated horizons can vary from a few minutes to several months.
About BETEX
Backed by Ethereum's smart contract, Betex brings undeniable transparency, fair behavior, and audible results into binary options trading.
With Betex, traders wants to bet on every other and never fight against platform providers or other intermediaries. Built with Blockchain technology, unlike traditional platforms, Betex wants to provide access to real-time data, ensuring absolute system transparency. So there is no doubt that all users are treated and fairly.
Users want to have a shared pool of liquidity for each underlying asset in order to maximize user profitability. The platform commission is only 5%, and the broker wants to integrate into the platform through the white label mechanism. This is the only platform, where as much as 95% of funds are distributed among traders who make the correct assumptions. 2.5% (half of the 5% platform commission) of the total turnover of the platform wants to be distributed among holders of BETEX tokens, according to the number of tokens they have.
Benefits of BETEX
Both platform and broker can always prove the authenticity and accuracy of the results. In the worst case scenario, if something goes wrong, it wants to be recognized or justified. Therefore, there is no need to trust each other with certain conditions.
Trading is realized with the ERC-20 token a stable value. These are stored and presented in the Ethereal block, making it possible to audit platform operations in real time, or later.
Beginning of ICO: 01.03.18 at 12:00 GMT
End of ICO: 3/31/18 or 3,000,000 of BETEX tokens are sold out
ICO BETEX token cost: $ 3.00
Max measure of tokens to be sold: 3,000,000 out of 10,000,000 (30%)
ICO hard top: $ 9,000,000
Min buy sum: 0.5 ETH or 0.05 BTC
This is a case of BETEX Platform functions:
Starting information for the case:
Exchanging pair - BTC / USD
Time interim - 5m + 25m
The beginning time of the current round - 12:00
An opportunity to quit tolerating wagers in the current round is 12:05
The end time of the current round is 12:30
The composite rate for the start of the round (Strike Rate) - $ 7154.5844
The composite rate for the finish of the round (Outcome Rate) - $ 7195.2557
Trader_1: 12:01:30 $ 100.00 call
Trader_2: 12:02:17 $ 200.00 call
Trader_3: 12:04:10 $ 600.00 Put
Toward the finish of this round, we get the accompanying outcomes:
Trader_1 and Trader_2 are the champs.
The aggregate pool estimate before the Betex commission is $ 900.00.
Betex stage commission is 5%, or $ 45.00.
The Betex commission is $ 855.00
Trader_1 wants to get 855 * 100/300 = $ 285.00 Trader_2 wants to get 855 * 200/300 = $ 570.00
2018 Q1
- Addressing special regulatory / licensing requirements that may be applicable in the relevant jurisdictions;
- Commercial launch of Betex, the p2p binary options platform;
- Development of the available trading pairs list;
- Launch and testing of the MVP's section for p2p sports betting in the test net;
- Development and testing of the mobile app for Android / iOS;
- Development and testing of the desktop client application;
- ╶Development of a section with statistics;
- ╶Development of a personal cabinet for BETEX token holders;
- Commercial launch of the section for p2p sports betting;
- Connection of the first brokers to the platform;
- Development of an API for trading bots;
- Launch of the mobile app for Android / iOS;
- Running the desktop client application;
- Generation of BETEX tokens;
- Distribution of BETEX tokens among pre-sale participants;
- Distribution of the accumulated profit among owners of BETEX tokens;
- Compliance with regulatory / licensing requirements that may be applicable in the relevant jurisdictions to the main stage of BETEX token sale;
- The main stage of BETEX token sale;
- Development and connection of the FIX API;
- Development of the section for p2p betting on irregular event
- Network scaling and / or transfer to a more efficient blockchain;
- Launch of the section for p2p betting on irregular events;
- Global market expansion & adaptation;
- Project's break event
ANN thread: https://bitcointalk.org/index.php?topic=2518678
WEBSITE: https://betexlab.com/
WHITEPAPER: https://betexlab.com/betex-wp.pdf
TWITTER: https://twitter.com/betex_tokens
FACEBOOK: https://www.facebook.com/Betex-Lab-108138139938618/
TELEGRAM: https://t.me/betex_ico
MEDIUM: https://medium.com/@betex
Author: (aizkicaumania)
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1123133
My ETH Address: 0xa2ed565D1177360C41181E9F4dB17d6c0100fD5c
Tidak ada komentar:
Posting Komentar