BETEX

https://betexlab.com/

Binary Options is a financial derivative instrument that requires traders to correctly indicate the direction of the underlying asset price movement at a given point in time. Estimates of the horizon can vary from a few minutes to several months.

Financial trading is about buying and selling in the hope of making a profit. Everyone wants to benefit from his investment. Therefore let me introduce you to a project called BETEX.

BETEX is a leading platform for P2P financial derivatives trading. This allows users to 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.

Binary options are quick and simple financial products that allow investors to bet whether asset prices will rise or fall in the future.

BETEX is a type of binary option that will substantially improve the way betting is performed. This is a radically new business model that changes the mindset of platform provider integrity users to focus on its own capacity to generate profits.

BETEX is on a mission to bring clear transparency to all financial markets and, which can convincingly eliminate the issue of trust.

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 will 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. Open access to data prevents intermediaries from changing results;

50% of platform profits made from commissions are distributed among holders of BETEX tokens. 40% goes to the broker.

BETS

The betting process is a token delivery transaction to the Betex smart contract address, which indicates the bet type and pool ID. The bet is received by the system until the pool is closed.

Bets option

Currently, this system supports 2 types of bets — on growth and decline. Going forward, we plan to expand this list to support bets for other types of events.

Distribution of BETEX Token

5% Pre-Sale Token Round 1

15% Pre-Sale Token Round 2

30% Token Sale

10% Reserve for broker (Vesting for 6 months)

8% Reserve

2% Bounty

30% Founder and team (Vesting for 6 months)

BETEX ICO

Sales of hang tokens from 1 March 2018

Starting from ICO:

01.03.18 at 12:00 GMT

End of ICO:

31.03.18 or 3,000,000 BETEX tokens were sold out

ICO BETEX token price:

$ 3.00

Maximum number of tokens to sell:

3,000,000 out of 10,000,000 (30%)

ICO hard hat:

$ 9,000

Min purchase amount:

0.5 ETH or 0.05 BTC

This is an example of how BETEX Platform works:

Initial data for example:

Couple trading — BTC / USD

Time interval — 5m + 25m

Start time of current round — 12:00

The time to stop receiving bets in the current round is 12:05

The end time of the current round is 12:30

Composite level at the beginning of the round (Strike Rate) — $ 7154.5844

Composite rate at the end of the round (Outcome Rate) — $ 7195.2557

Trader_1: 12:01:30 $ 100.00 Call

Trader_2: 12:02:17 $ 200.00 Contact

Trader_3: 12:04:10 $ 600.00 Put it

At the end of this round, we get the following results:

Trader_1 and Trader_2 are the winners.

The total pool size before deducting Betex commissions is $ 900.00.

Platform platform Betex is 5%, or $ 45.00.

Number of pool sizes after deducting Betex commission $ 855.00

Trader_1 will receive 855 * 100/300 = $ 285.00 Trader_2 will receive 855 * 200/300 = $ 570.00

Be part of this amazing project. Download their whitepaper for a full spoon.

For more information on this amazing project, visit the link below;

• Website: https://betexlab.com/
• ANN: https://bitcointalk.org/index.php?topic=2518678
• Whitepaper: https://betexlab.com/ico/betex-wp.pdf
• Facebook: https://www.facebook.com/Betex-Lab-108138139938618/?ref=br_rs
• Twitter: https://twitter.com/betex_tokens
• Telegram: https://t.me/betex_ico

AUTHOR: Vionaa

My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1663173