Topic: [ANN] BETEX P2P Binary Options — $4,360,000 raised - page 6. (Read 28843 times)
Is there a way that we can see how much the platform is being used already? Active online users or amount of money being put into binary options?
CAUTION! Avoid fraud twitter or telegram accounts that impersonate Betex or Betex colleagues. The only real twitter account is this one, @betex_tokens! We DO NOT PM anyone ourselves in any case even if asked in the chat!
Architecture of Betex Smart Contracts
https://medium.com/@betex/architecture-of-betex-smart-contracts-70f5e1289e69
Main purpose of smart contracts is ensuring a transparent betting mechanism for the common pool of liquidity. Smart contracts were built under the following restrictions:
The bet occurs by the means of transferring the SBT token into a common liquidity pool for a given event in the system;
The network commission (Ethereum) should be as small as possible;
Reward payout (including the transfer of the commission) is realized by a smart contract based on the data received from the oracle.
The architectural system is based on the following smart contracts:
SBT token contract complies with ERC-20 standard. SBT is a stable (relatively to the USD rate) token, the exchange rate of which is artificially maintained, with emissions and burning made during the exchange operations.
Exchange contract is a smart contract for automatic exchange of ETH to SBT and vice versa. ETH/SBT rate is regularly updated with an oracle and artificially maintained at 1:1 / USD level. When crediting ETH, the required amount of SBT is being emitted. When withdrawing ETH, corresponding amount of SBT tokens is being burned.
It is also planned to implement time restrictions on the token use. If the token is not used in the Betex system for a certain period of time, it is automatically exchanged back to the ETH source address. This may prevent speculations with tokens.
Betex smart contract is a management system for liquidity pools (betting baskets). It accepts bids by moving SBT token to a specific pool (basket) for a limited period of time. After the waiting time has expired, the payout is redistributed among the players based on the oracle data.
Commission smart contract is the contract-aggregator of commission fees. It charges the entire commission from operations in the system. The distribution of the commission is made by this contract once in a certain period of time (currently, once in 24 hours).
Referral smart contract is contract managing the referral program. Betex supports a single-level referral program and redistributes part of the commission to the referral addresses. This smart contract stores the necessary dependencies.
The implementation of smart contracts is carried out considering all modern practices and approaches, including the overflow checks, 100% test coverage and statistical control of Gas used.
https://medium.com/@betex/architecture-of-betex-smart-contracts-70f5e1289e69
Main purpose of smart contracts is ensuring a transparent betting mechanism for the common pool of liquidity. Smart contracts were built under the following restrictions:
The bet occurs by the means of transferring the SBT token into a common liquidity pool for a given event in the system;
The network commission (Ethereum) should be as small as possible;
Reward payout (including the transfer of the commission) is realized by a smart contract based on the data received from the oracle.
The architectural system is based on the following smart contracts:
SBT token contract complies with ERC-20 standard. SBT is a stable (relatively to the USD rate) token, the exchange rate of which is artificially maintained, with emissions and burning made during the exchange operations.
Exchange contract is a smart contract for automatic exchange of ETH to SBT and vice versa. ETH/SBT rate is regularly updated with an oracle and artificially maintained at 1:1 / USD level. When crediting ETH, the required amount of SBT is being emitted. When withdrawing ETH, corresponding amount of SBT tokens is being burned.
It is also planned to implement time restrictions on the token use. If the token is not used in the Betex system for a certain period of time, it is automatically exchanged back to the ETH source address. This may prevent speculations with tokens.
Betex smart contract is a management system for liquidity pools (betting baskets). It accepts bids by moving SBT token to a specific pool (basket) for a limited period of time. After the waiting time has expired, the payout is redistributed among the players based on the oracle data.
Commission smart contract is the contract-aggregator of commission fees. It charges the entire commission from operations in the system. The distribution of the commission is made by this contract once in a certain period of time (currently, once in 24 hours).
Referral smart contract is contract managing the referral program. Betex supports a single-level referral program and redistributes part of the commission to the referral addresses. This smart contract stores the necessary dependencies.
The implementation of smart contracts is carried out considering all modern practices and approaches, including the overflow checks, 100% test coverage and statistical control of Gas used.
BETEX IS BACK UP AND RUNNING
We're glad to annonce that the Betex platform is finally running again after extensive maintenance and upgrade work.
While keeping the interface and workflow the same, we ran a major internal update which will let the platform cope with much bigger number of users trading on Betex at once.
We have also fixed several minor and major bugs already, and continuing to work on smaller improvements even as the platform has just went up.
TRADE NOW AT:
We're glad to annonce that the Betex platform is finally running again after extensive maintenance and upgrade work.
While keeping the interface and workflow the same, we ran a major internal update which will let the platform cope with much bigger number of users trading on Betex at once.
We have also fixed several minor and major bugs already, and continuing to work on smaller improvements even as the platform has just went up.
TRADE NOW AT:
With the system of smart contracts, no deposits are required and an instant automatic withdrawal of funds is ensured to all the users of the platform. Platform users get instant access to all of its functions and features without having to make any kind of deposits first. Also, payments are automatically released by smart contracts straight to your ETH wallet, ensuring immediate withdrawals without delays or cancellations. On more about the benefits of Betex model read more:
In the bounty thread, spreadsheets contain this message: "We have handed spreadsheets over to the betex team, please ask questions about distribution to them." Please explain us how to understand this situation. Thanks. Good luck.
I want to understand what is about the bounty rewards, because I particpated in the bounty campaign and until now dont received my rewards. The bounty campaign thread are closed. Thanks for response.
Waiting for good news of the right market launch. The current price in IDEX is so cheap and very far from the $ 3 specified. Waiting for you
That's not great in short prospective of course, but usually exchange rates for smaller, non-hyped projects dip down for 5 to 10 times, so current 1/3 to 1/2 of ICO price is actually quite good, so there's a hope for price increase.
Bigger token price is good not only for investors and exchnage speculators (which is obvious), but also increases the value being held in team's wallet, so there's a chance to increase development speed and platfrom scalability, which will (I hope so at least) bump the exchange rate even more.
I believe the ICO investors got a share of the unsold tokens airdropped. I am not sure anymore what the percentage was exactly but I think ICO investors got about double the amount of tokens they bought.. making it about 1,5$ dollar per token and form this point of view we would still be on ICO price.The platform just launched and i think Betex has quite a lot of room for growth!
Indeed! In any case, almost any un-hupe-y project experiences the same price drop situation after trading start, so we are certain that the price will regulate itself up after a while, especially hence the platform is already launched.
Waiting for good news of the right market launch. The current price in IDEX is so cheap and very far from the $ 3 specified. Waiting for you
That's not great in short prospective of course, but usually exchange rates for smaller, non-hyped projects dip down for 5 to 10 times, so current 1/3 to 1/2 of ICO price is actually quite good, so there's a hope for price increase.
Bigger token price is good not only for investors and exchnage speculators (which is obvious), but also increases the value being held in team's wallet, so there's a chance to increase development speed and platfrom scalability, which will (I hope so at least) bump the exchange rate even more.
I believe the ICO investors got a share of the unsold tokens airdropped. I am not sure anymore what the percentage was exactly but I think ICO investors got about double the amount of tokens they bought.. making it about 1,5$ dollar per token and form this point of view we would still be on ICO price.The platform just launched and i think Betex has quite a lot of room for growth!
Waiting for good news of the right market launch. The current price in IDEX is so cheap and very far from the $ 3 specified. Waiting for you
That's not great in short prospective of course, but usually exchange rates for smaller, non-hyped projects dip down for 5 to 10 times, so current 1/3 to 1/2 of ICO price is actually quite good, so there's a hope for price increase.
Bigger token price is good not only for investors and exchnage speculators (which is obvious), but also increases the value being held in team's wallet, so there's a chance to increase development speed and platfrom scalability, which will (I hope so at least) bump the exchange rate even more.
Waiting for good news of the right market launch. The current price in IDEX is so cheap and very far from the $ 3 specified. Waiting for you
Hi friends!
BETEX is now listed on Bitgur price index - https://bitgur.com/coin/BETEX! You can add it to customizable watchlist and create advanced price alerts.
Coin Tracking
There is Coin Tracking Alert in Bitgur Alerts. Add it once and you will receive important information about BETEX. Price change, unusual volume, new listings, general news, and events.
We can send notifications by telegram, e-mail or browser push notification. You will find Coin Tracking alert in our alerting system.
URL: https://bitgur.com/alerts
Volume Profile
We have a unique financial chart called Volume Profile. This tool is indispensable for determining resistance and support levels.
URL: https://bitgur.com/coin/BETEX/chart
Customizable watchlist
You can create your custom cryptocurrency watchlist using 35 financial indicators or charts and select their display order in the table.
URL: https://bitgur.com/watchlist
Favorites coins on the main page
You can enable viewing only the favorites coins from your watchlist on the main page. Simply press Star Button.
URL: https://bitgur.com
BETEX is now listed on Bitgur price index - https://bitgur.com/coin/BETEX! You can add it to customizable watchlist and create advanced price alerts.
Coin Tracking
There is Coin Tracking Alert in Bitgur Alerts. Add it once and you will receive important information about BETEX. Price change, unusual volume, new listings, general news, and events.
We can send notifications by telegram, e-mail or browser push notification. You will find Coin Tracking alert in our alerting system.
URL: https://bitgur.com/alerts
Volume Profile
We have a unique financial chart called Volume Profile. This tool is indispensable for determining resistance and support levels.
URL: https://bitgur.com/coin/BETEX/chart
Customizable watchlist
You can create your custom cryptocurrency watchlist using 35 financial indicators or charts and select their display order in the table.
URL: https://bitgur.com/watchlist
Favorites coins on the main page
You can enable viewing only the favorites coins from your watchlist on the main page. Simply press Star Button.
URL: https://bitgur.com
Betex Platfrom is Being Updated
On June 1st, we have finally launched the full-scale operation of the Betex platform. We deeply appreciate the amazing response of our community after the launch which also helped us to test the platform in a more loaded environment. The number of new users, trades and transactions turned out to be too high for the platform to cope with and showed us the need for a fast update.
Thus, using the data collected throughout the first days of platform operation, we are working on an improvement which will increase the platform’s capacity, smoothen up the operation and provide a better trading experience for our users and community. We expect to roll out the update in the shortest time possible, until when your interaction with the platform may be interrupted by an information screen.
Thank you for understanding.
On June 1st, we have finally launched the full-scale operation of the Betex platform. We deeply appreciate the amazing response of our community after the launch which also helped us to test the platform in a more loaded environment. The number of new users, trades and transactions turned out to be too high for the platform to cope with and showed us the need for a fast update.
Thus, using the data collected throughout the first days of platform operation, we are working on an improvement which will increase the platform’s capacity, smoothen up the operation and provide a better trading experience for our users and community. We expect to roll out the update in the shortest time possible, until when your interaction with the platform may be interrupted by an information screen.
Thank you for understanding.
BETEX Token is Now Listed on Tokenjar
We’re glad to share with you that BETEX token has also been listed for free trading at Tokenjar. Together with the essential set of features, Tokenjar offers the widest variety of market analysis appliances that can be used by a great range of traders varying from newcomers to concrete pros.
Being a decentralized exchange, Tokenjar provides an opportunity for a fair and healthy market for BETEX token and opens up more possibilities to those who would like to earn by using BETEX tokens as a commodity.
We’re glad to share with you that BETEX token has also been listed for free trading at Tokenjar. Together with the essential set of features, Tokenjar offers the widest variety of market analysis appliances that can be used by a great range of traders varying from newcomers to concrete pros.
Being a decentralized exchange, Tokenjar provides an opportunity for a fair and healthy market for BETEX token and opens up more possibilities to those who would like to earn by using BETEX tokens as a commodity.
Looks promising!
BETEX Token is Now Listed on IDEX
We’re happy to announce that BETEX token is now available for free trading at IDEX, one of the most advantageous and confident decentralized exchanges of Ethereum-based tokens. Built upon a smart contract, IDEX provides the most extended set of features among decentralized exchanges, including limit and market orders, gas-free cancels, and the ability to fill many trades at once.
We believe that listing of BETEX tokens on such an advanced exchange marketplace will offer our community a comfortable way of trading, and will bring more interest and outside traders to our platform.
We’re happy to announce that BETEX token is now available for free trading at IDEX, one of the most advantageous and confident decentralized exchanges of Ethereum-based tokens. Built upon a smart contract, IDEX provides the most extended set of features among decentralized exchanges, including limit and market orders, gas-free cancels, and the ability to fill many trades at once.
We believe that listing of BETEX tokens on such an advanced exchange marketplace will offer our community a comfortable way of trading, and will bring more interest and outside traders to our platform.
So is BETEX traded on IDEX now or what?
It is on Idex now but no volume.
I also just saw the official twitter idexhttps://twitter.com/Aurora_dao/status/1002670514144534529
I think those who hold this will not sell it there it's so cheap, so wait for their site is actually launched now, let's see it
Whether it really happened, because I see all tokens have a bad price right now and it's hard to get their price up.
It is on Idex now but no volume.
I also just saw the official twitter idexhttps://twitter.com/Aurora_dao/status/1002670514144534529
I think those who hold this will not sell it there it's so cheap, so wait for their site is actually launched now, let's see it
Are there any proofs from the people who sent 0,0028 and received their tokens?
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