Topic: [ANN] BETEX P2P Binary Options — $4,360,000 raised - page 22. (Read 28885 times)

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Hello world!

If you have any questions regarding the project, feel free to address them to this account.

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.







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

During the preliminary rounds of BETEX tokens sale, the tokens will not be transferred to the buyers.
According to the SAFT agreement, the tokens will be transferred to the contributors later, after they are generated and registered.

BETEX Token Pre-Sale Round 1 — Over, $1 million raised!

• Dates: 04.12.2017 – 20.12.17
• Price: 1 BETEX = $2.00
• Min purchase amount: 15,000 BETEX
• Accepted currencies: ETH, BTC

BETEX Token Pre-Sale Round 2 — Hurry up, almost over!

• Dates: 10.01.18 – 18.02.18
• Price: 1 BETEX = $2.50
• Min purchase amount: 5,000 BETEX
• Accepted currencies: ETH, BTC

The pre-sale of the BETEX tokens will take place under the SAFT (Simple Agreement for Future Tokens) agreement.

BETEX Token Sale

BETEX token sale started on March 1, 2018 and will last until April, 15th or 3,000,000 BETEX is sold out.
Token price will be $3. Hard cap is $9,000,000.
All participants will go through KYC, minimal buy is 0.5 ETH.

The token will be registered with SEC after ICO ends, after which the trading and immediate payouts will start.



We built two versions of the platform to provide you with a better understanding of the concept behind a common pool of liquidity and to demonstrate how it actually works.

Each trading interval consists of two sub- intervals: during the first one, traders bet on the growth or lowering of the rate (5m), and after the second one (25m), the platform determines the winners and distributes the bets of the losers between them.








Investors:
2.5% commission from overall platform turnover is being distributed among Betex token holders Possible Betex token growth in value.
 
Traders:

• Betting;
• Hedging risks from trading operations;
• Referral program.

Brokers:
2% commission from broker’s turnover.