Betex - Peer-to-peer platform binary options

Hallo All, In This New Post I Will Introduce About The BETEX Project, And For More Clearly Let's Just Jump The Following Discussion:

Official website: https://betexlab.com/
Starting from ICO: 01.03.18 at 12:00 GMT
End of ICO: 31.03.18 or 3,000,000 BETEX tokens sold out
ICO BETEX token price: $ 3.00
Maximum number of tokens on sale: 3,000,000 out of 10,000,000 (30%)Betex
ICO hard cap: $ 9 million
Min amount of purchase: 0.5 ETH or 0.05 BTC
Betex is a platform for the peer-to-peer binary options supported by the Ethereum smart contract. Binary options are a type of choice based on a yes or no proposition. In other words. You have two choices. When you trade a binary option, you should predict the direction of price movements for a particular asset at a given point in time. This form of trading is considered easier than trading Forex because you do not have to forecast the magnitude of price changes; You just have to predict whether the price will move up or down. Binary option trading started out as a nice concept. This model reduces the risks associated with Forex trading because of the possibility of lower errors. Binary options peaked in popularity a few years ago, but lost some of its momentum lately.

Binary options have come under fire in the past, mainly because of shady brokers who have tricked their users and cheated them out of their money. Fraud comes in various forms, from dishonest brokers to fake robots to fake reviews. Whether it's a shady broker or a shady trading system, traditional trading platforms make it difficult to find out who you can trust. This situation has an adverse effect on the popularity of binary options. The BETEX Platform directly addresses issues that cause drop in binary options. Betex realized that this is the time and place for a change. Their goal is to usher in a new era of binary options trading, defined by the new standards for transparency. The result is a truly revolutionary peer-to-peer platform with unparalleled fairness and integrity.

The diagram below shows, all elements of the ecosystem are intertwined with intelligent etiquette and contract blocks, which, in this case, play a backend role. This form of organization provides many advantages but has one major disadvantage - limited scalability.

How is Betex Different?

Merchants will always quarrel with each other. This is what makes it a peer-to-peer system. Merchants will never place bets against platform providers or intermediaries. The traditional model is deformed inherently. If the trader is betting on the broker, it is in the broker's behalf for the trader to fail. This means as a trader, you must believe that the broker has integrity. History proves this is not an assumption a trader can safely make. Because Betex is built with blockchain technology, this platform offers more transparency than traditional trading platforms. They do this by giving users access to real-time data and by keeping the third party from conducting direct trading. Merchants are on the same playing field. With traditional trading platforms, the trading process takes place behind closed doors, so it is not transparent at all. Betex's transparent and decentralized approach ensures more justice in the betting process.

Another major difference is that the platform only takes 5% commission on the number of bets made. Users form one pool of the same broker, where liquidity is lowered. This arrangement is unique, as it is the only platform where as many as 95% of the total funds are distributed to all traders who make the correct predictions. The commission is the same no matter what the outcome of the bet is. Therefore, Betex does not have an incentive to manipulate the bet. This provides a verifiable system of justice. In addition, trading is stored in the Etereum Block, and therefore audited in real time. This makes it more difficult for third parties to change the outcome, which in turn, also helps create a fairer trade environment.

The Betex team creates a clean and easy-to-use interface. Users will be able to access the trading platform via a web-based interface. However, mobile and desktop applications are both under development. The process looks like this:

A trader chooses the assets to be targeted. Then, they choose between six time intervals. They then choose the amount to bet on. Lastly, they choose the direction (call or put). The process is quick and simple.

The interface is set to block. The header block tells you your balance. The asset block shows the list of available trading pairs. The combined level blocks show the trading volume of the assets you select on the main exchange. Other blocks on the interface will show a historical change in your composite asset level and strike rate. The other two blocks will let you choose the time interval and enter your bet amount.

Broker
The main role of the broker is to attract users to the Betex platform. The company has decided to use the White Label system. The White Label approach is when a company produces a service or a fully operational product, but different companies sell it. By using the White Label System, Betexakan can quickly attract a large number of users to its platform.

ROADMAP

Betex development strategy is aimed at active platform development, continuous improvement of functions, introduction of new services, ecosystem development and the appeal of new users. The main stages of project development are as follows:
legislation requirements by 2018, Launching Betex, P2P sites, MVP launch and development, testing and launch of mobile apps, connecting the first broker to the site, generating tokens, distributing profits, main token sales rounds, developing and launching FIX APIs.

2019 will include global upgrades and adaptations in the market, improvements to all projects that can be achieved and implemented.

Buy Betex

The important thing to note is that you must pass the KYC procedure to be able to buy tokens. Also token sales are available to Americans - only qualified American investors can buy BETEX.

The BETEX Token sales will occur for three stages.

BETEX Token Pre-Sale, Round 1 (04.12.17-08.01.18) - Done
BETEX Pre-Sale Token, Round 2 (10.01.18-18.02.18) - Done
BETEX Token Sale (01.03.2018-31.03.2018) - Live!
The token price for the pre-sale first round is $ 2.00. The token price for round two is $ 2.50. They have just entered their final stage. For the main sale, the price is $ 3.00. A maximum of 3,000,000 tokens will be sold. Minimum purchase amount is 0.5 ETH or 0.05 BTC.

Media Appearance

Betex has appeared in various media publications. CCN reports the announcement of Betex's new platform, providing details on the benefits their peer-to-peer platform can take through traditional trading platforms, as well as details on ongoing coin sales. Bitcoin.com publishes an overview of the Betex binary option platform, which addresses the company's goals for their new platform. NEWS BTC publishes an account of how Betex will create new ways to trade binary options.

If you are interested in contributing to this project, the token sale opens at https://betexlab.com/ or for more details about the project and terms of participation in this ICO, I recommend visiting the links below:


Website: https://betexlab.com/
Ann Thread: https://bitcointalk.org/index.php?topic=2518678
Telegram: https://t.me/betex_ico
WhitePaper: https://betexlab.com/ico/betex-wp.pdf

Author : essella

Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1183772

ETH : 0x4375eEFDB6cC38Fb50016e8Ba85DfD92507f4119