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Home › #Review › Betex - The First Peer-to-Peer Binary Options Platform Powered by Smart Contracts

admin - 10:42 AM Overview: There is a lot of talk about binary options today. But most of the time the binary options are presented as an answer to all your financial problems. In reality, no one can run away from the truth.

In binary trading, you must "invest" in future asset movements such as gold, stocks, markets and others. More specifically, you should predict if the value of the asset will increase or decrease over a period of time.

If your prediction is right in exchange, then you win and earn commissions on your investment. If your prediction does not materialize then you will lose all the money you have invested when making these predictions.

Delivered in this way it becomes clear that binary options resemble sports betting rather than real investments. Binary options seem to be nothing more than bets made in a financial asset like you would bet on a sporting result. So, is that some kind of fraud?

As already said, most of it depends on luck; but usually, you really can win. However, the realtor will not tell you if you have to put in a lot of effort and research if you want to consistently win it. No transparency is happening.

I know that most of the binary options brokers and site ads make a lot of bold promises, but in reality, it's very complicated than you can imagine.

Departing from that state, everyone needs an innovation that can solve binary options. Provide users with transparency and efficiency so that trades no longer look blurry. Such efficiency and transparency comes in the form of a platform called 'Betex'.

What is Betex?

Betex is the first peer-to-peer binary option platform powered by blockchain technology. Betex is based on Ethereum's smart contract technology. That way, Betex is possible to include binary options to be served primarily with all the features and transparency that are completely new. In addition, the instrument is more complicated and complex to be added to the platform.

In BETEX platform, users will place bets against each other, compared with the traditional binary option is the only platform where most presumed correct. As many as 95% of the funds are distributed among merchants, which is successful. Betex only profit from collecting service fees.

In addition, the platform is based on features more focused on increasing user acquisition. The platform offers full transparency and provides fair behavior and auditable results to trade binary options with minimum transaction costs compared to other options.

Details of Token and ICO Betex

The BETEX token will be offered to the public starting on March 1, 2018 at 12:00 GMT, and will expire on April 15, 2018 or when the hard cap is reached. You can purchase a BETEX token for $ 3, with a minimum purchase of 0.5 ETH.

BETEX tokens provided for sale of 3,000,000 BETEX (30% of total token distributed) or worth $ 9,000,000. The details of the token distribution can be seen below. 

Official Link
Website | Whitepaper | Twitter | Facebook | Medium | ANN Thread | Telegram

Similarly reviews about Betex project, hopefully, you helped with a brief explanation of this article. All that is contained in this article is my personal opinion by considering the information available. If there are errors in writing and important information in it, please let me know in the comments. Thanks and best regards.



