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trakinvest
bookmark6.5 /10

team - mid-level team

mvp - yes

idea - usual

competitors - medium

market - #binaryoptionstrading

Starts
Dec 4th 2017
3 months ago
Ends
Jan 31st 2018
25 days ago

The first P2P Binary Options Platform powered by smart contracts.

 

Powered by Ethereum smart contracts, Betex brings indisputable transparency, fair conduct, and audible results to the binary options trading.

 

With Betex, traders will be placing bets against each other and never against platform providers or any other intermediaries. Built with Blockchain technology, unlike traditional platforms, Betex will provide access to real-time data, thereby, ensuring absolute transparency of its system. So there is no doubt that all users are treated equally and fairly.

 

Users will be forming one large common pool of liquidity for each underlying asset in order to maximize users' gain. The platform's commission will be 5% only, the liquidity will be derived from a common pool of brokers, and brokers themselves will integrate into the platform via the white label mechanism. This is the only platform, where as much as 95% of funds are distributed among traders who make correct assumptions. 2.5% (half of the platform's commission 5%) of the total platform turnover will be distributed among the holders of BETEX tokens, accordingly to the number of tokens they own.

Advisors

Oleg Torkhov
CEO

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