If you have ever tried getting into binary markets you know that you can win, but also lose a lot of money. You also know that the current binary markets have quite high commission rates and are often non-transparent.
Once again, by using new technologies like blockchain and cryptocurrency this system can be improved and enhanced. The team behind BETEX has come up with an idea to organize a peer-to-peer binary market based on blockchain on which users could bet one against another without a need for an intermediary. This will in turn make the whole platform much safer, fair and less expensive, since the BETEX will only take 5% commission rate on payouts. 2.5% of that will go to token holders, more on which I will talk later, 2% will go to brokers, and the rest will go towards further development and reserve.
The platform will utilize 2 tokens. One token, called Stable Betting Token (SBT), will be used for betting in the system, payments to winners and brokers. It will have a fixed value of $1. The other token is BETEX token. BETEX is the main token in the system. 50% of the platform‘s commission income is distributed among BETEX token holders in ETH. BETEX is issued once in the amount of 10,000,000 tokens. After that, its quantity remains constant.
Unlike trading the traditional binary options, Betex users place bets against each other. This means that most of the money (95%) stays with the traders who make correct predictions, combined with the use of smart contracts this ensures that the platform is as fair and transparent as it can be.
BETEX has already developed a web based application, and smartphone and desktop apps are in development. It is also worth noting that the project has already raised $ 1,000,000 during pre-ICO stage which means that this is a strong project with big support.
All in all this sounds like a very interesting project which can truly revolutionize binary trading market and make it truly transparent and fair for all!
If BETEX has attracted your attention, you should know all of the ways you can participate in this project.
BETEX has started their own bounty campaign in January 2018. By participating in bounty campaign, you can help the creators of the project by attracting other potential investors through marketing and promotional activities.
Bounty campaign consists of: Signature Campaign, Social Media Campaign, Translation Campaign and many more. Terms and conditions and other essential information about the campaign, you can find on the BETEX bounty campaign web page: https://bitcointalk.org/index.php?topic=2961780.0
Furthermore, the other way to become part of this project is by investing in BETEX tokens. Tokens are ERC-20 compliant. The Initial Coin Offering (ICO) started on 1st of March, 2018. You can currently buy BETEX tokens at the price of 1 BETEX = 3 USD. All about the Initial coin offering and other information regarding purchasing of the token, you will find on BETEX official web page: https://betexlab.com/
For all necessary information about BETEX or any new updates and news, you should visit their:
• Official Web Page https://betexlab.com/
• ANN Thread https://bitcointalk.org/index.php?topic=2518678
• White Paper https://betexlab.com/betex-wp.pdf
• Facebook https://www.facebook.com/Betex-Lab-108138139938618/
• Twitter https://twitter.com/betex_tokens
• Telegram https://t.me/betex_ico
0x05B884A66690a6F9fC3dBF527A254a8716a0d650https://bitcointalk.org/index.php?action=profile;u=1696137