BETEX - Peer-to-peer binary options platform

HALLO ALL COMMUNITIES.

WHAT IS BETEX?

Betex is a leading-edge platform for P2P financial derivatives trading. It enables users to place bets on future changes against each other. As a platform provider, we can not engage in betting. Thus, there is no way for us to benefit from it. We only profit from collecting service fees.

Built with Blockchain technology, unlike traditional platforms, Betex provides access to real-time data, thereby, ensuring the absolute transparency of its system.Determined to reinvent financial derivatives market, we strive to instill incorruptible business logic that would conclusively eliminate the issue of trust.

Transparency

Blockchain technology provides open access to information at all times, ensuring a fully transparent process, accurate data records and equivalent requirements for everyone.

Reasonable virtues

Since we are not betting, there is no reason for us to manipulate the results. Whatever the outcome of your bet, we benefit from collecting service fees.

General pool of liquidity

The objective is to consolidate the maximum liquidity of the derivative market by establishing a common liquidity pool for each trading asset, rather than creating some small assets.

White label for brokers

We use white label models to build solutions and provide services that enable minimize entry and setup costs and help brokers launch their business in no time.

Instant payment

Payments are automatically released by a smart contract directly to your ETH wallet, ensuring immediate withdrawal without delay or cancellation.

No deposits

Platform users get instant access to all functions and features without having to make deposits first.

Betex model: solutions and benefits

▸ Outcome of a bet makes no difference to us (as the platform provider), or to brokers, as neither of us can actively take part in the betting process. We charge service fees, while traders place bets against each other (peer-to-peer).

▸ No deposits are required and an instant automatic withdrawal of funds is ensured. It is mainly possible due to the use of smart contracts.

▸ Traders who accurately determine future changes are rewarded with 95% of funds. In case of success, trader's gain is largely depends on the ratio of the correct and incorrect outcomes;

▸ Both the platform and brokers can always prove authenticity and accuracy of the results. In the worst case scenario, if a mistake is made, it will be admitted or justified. Hence, it is no longer needed to trust each other to be sure terms are fair.

▸ Trading is realized with ERC-20 tokens of stable value. It is stored and presented in the Ethereum blockchain, making it possible to audit the platform operations in real time, or later. Open access to data prevents intermediaries from altering results;

▸ 50% of the platform's profit made from commission is distributed among BETEX token holders. 40% goes to brokers.

▸ A composite rate, used in all calculations, is derived from several open sources by an established algorithm, considering the value of each source that is defined by trading volume. Using multiple sources makes entangles possible manipulations with the rate of an underlying asset, since they would have to be done in several places simultaneously. Working out of the composite rate is a completely open and transparent process: it is being logged and presented for public access in real time.

Mission

BETEX is on a mission to bring clear-cut transparency to all financial markets and, that can

conclusively eliminate the issue of trust.

First and foremost, though, we strive to reinvent binary options through instilling incorruptible business logic into everybody's value system.

Offering Token Offer Token

also planned. You can support this project and thus allow development and in turn get tokens, and engage in revolution. The sale itself is organized in several stages. Before the phase is over and they are very successful. You can take part in token purchases until 20.2.2018. with prices starting at $ 3 for 1 BETEX token, while later the price will rise slowly to $ 103 for one token. You can participate in the token offer at the following link: https://betexlab.com/#token-sale.

BETEX token sale will be carried out in two preliminary stages and one main stage.

▸ BETEX Pre-Sale Token, Round 1 (04.12.17 - 08.01.18)

▸ BETEX Pre-Sale Token, Round 2 (10.01.18 - 18.02.18)

▸ BETEX Token Sale (01.03.2018 - 31.03.2018)

During the preliminary rounds of BETEX tokens sale, the tokens will not be transferred to the buyers.

According to the SAFT (or similar) agreement, the tokens will be transferred to the contributors later, after they are generated.

BETEX tokens will be issued and transferred to the buyers within 7 days after TGE (Token Generation Event).

Important! The sale of BETEX tokens during ALL rounds is subject to satisfaction KYC / AML procedure.

Any of the BETEX tokens that are not sold during one of the rounds will remain at the company's disposal.

INFORMATION :

Website : https://betexlab.com/

whitepaper :https://betexlab.com/betex-wp.pdf

twitter :https://twitter.com/betex_tokens

author: ALEX789
profile: https: //bitcointalk.org/index.php? action = profile; u = 1653045
eth: 0x5f5f506A001A179b8eE67214a7754Bfe04ffadE0