Betex Blockchain technology

bubu4845 (0)(1)in #blockchain • 6 years ago

INTRODUCTION

Binary Options is a financial derivative instrument that expects dealers to accurately show the value movement heading for the underlying asset at a given point in time later on. The estimating horizon can shift from a couple of minutes to a while.
A huge number of merchants and dealers worldwide were greatly utilizing this instrument in those days. It was extraordinarily supported for the effortlessness of idea and high odds of progress. The business was encountering exponential development until 2014, coming to over $30 billion in its yearly turnover. In any case, something turned out badly there.
In the following years, regulators from all over the world have been making rather strong statements, claiming that binary options is a deceit and discouraging traders to get involved. Evidently, a great concept behind Binary Options has been ruined by shady, dishonest brokers, their lust for gain and the fact that there are limitless possibilities for them to deceive their customers.

Betex is here with a way out and BETEX Is launching a revolutionary peer-to-peer platform for binary options, BETEX, that will substantially improve the way betting is done. We designed a radically new business model to shift user mindset from worrying about the integrity of platform providers to focusing on own capacity to make profit.

BETEX PLATFORM

Betex is a leading platform for P2P financial derivatives trading. This lets users 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.

Built with Blockchain technology, unlike traditional platforms, Betex provides access to real-time data, ensuring absolute system transparency. Determined to rediscover the financial derivatives market, we strive to instill irreversible business logic that will convincingly eliminate the issue of trust.

ADVANTAGES of Betex platform:

• Transparency: Blockchain technology will provide open access to information at all times, ensuring transparent processes, accurate data, fair and equitable requirements.

• Fair Billing: Whatever your bet results, we will benefit from the collection of service fees.

• General Liquidity Association: The goal is to consolidate the maximum liquidity of the derivatives market by establishing a common set of liquidity for each commercial source instead of creating multiple.

• White label for brokers: This system will enable fast connection of brokers that contribute to maintaining high liquidity and ensuring increased turnover of the platform in a short time and with low cost.

• No deposit: Platform users will have instant access to all functions and resources without having to make any type of deposit first.

• Instant Payout: Payments will be automatically released by a smart contract directly to your ETH portfolio, ensuring immediate withdrawal without delay or cancellation.

• Built-in exchange: After all operations on the system are performed on the Ethereal token with a stable SBT value, the built-in exchangers will be used to exchange encryption or other tokens to the SBT via platform.

• Reference Program: This platform will offer a unique referral program. The bonus size will be chosen by the broker and will generally be equal to 0.5%. Thus, the user can earn up to 0.5% of the turnover of the person referred to by Him. standalone model0.5% of the global turnover will be used for platform support and development.

• AWS Infrastructure: Placement of infrastructure in the Amazon will provide the level of reliability, scale of hardware, the speed of delivery of content to anywhere in the world.

With Betex, traders will bet against each other, not against platform providers or other intermediaries. Built with Blockchain technology, unlike traditional platforms, Betex will provide access to real-time data, ensuring absolute system transparency. Thus, there is no doubt that all users are treated equally and fairly.

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