ICO Cryptocurrensy: Betex: The first P2P Binary Option Platform supported by smart contracts

BETEX is an innovative peer-to-peer platform for trading financial contracts using smart contracts Ethereum. Unlike traditional binary options, Betex users make bets against each other. 95% of the funds are distributed among traders, in addition, traders form a common pool of liquidity for each underlying asset in order to maximize the profit of users. Thanks to Ethereum smart contracts, Betex provides transparency. All operations within the system are performed in SBT tokens of ERC-20 standard. Which are equivalent to 1.00 US dollars.

Betex was built to ensure transparency in the financial markets of derivatives, as well as the creation of new tools that finally put an end to the obsolete shadow schemes. Therefore, now we are proud to present our advanced platform for peer-to-peer binary options, equipped with special contracts Ethereum.

Betex is the foremost platform for trading in P2P derivative financial instruments. This allows users to bet on future changes against each other.

As a platform provider, we can not participate in bets. Thus, we will not be able to benefit from this. We receive profit only from the collection of service charges.

One of the most important tasks for us is the resumption of the existing market with a new technological base by introducing and implementing an honest, transparent and comprehensive business model, as well as all its requirements.

Another important goal for achieving a dominant market niche is along with brokers who interact with our platform according to the basic principles of the White Label. We are striving to become the first force directly managing a shrinking market for binary options. We came to the realization that there could be no better time to start with anything because of the crazy pace of life.

Betex MVP

We built two versions of the platform to better understand the concept of a common pool of liquidity and demonstrate how it works.

Advantages of Betex:

Transparency.

Blockchain technology will provide open access to information at any time, providing a transparent process, accurate data, fair and equal conditions.

Fair pay.

Whatever the result of your bet, we receive a profit only for service.

General liquidity association.

The goal is to consolidate the maximum liquidity of derivatives markets by creating a common set of liquidity for each commercial resource rather than creating multiples.

White label for brokers.

This system will allow you to quickly connect brokers that help maintain high liquidity and provide an increase in the turnover of the platform in a short period of time and at a low price.

Access without a deposit.

Platform users will have instant access to all of their functions and resources without having to make any types of deposits.

Instant payments.

Payments will be automatically released through smart contracts directly into your ETH portfolio, ensuring immediate withdrawal without delay or cancellation.

Referral system.

The platform will offer a unique referral program. The size of the bonus will be chosen by the broker and will usually be equal to 0.5%. Thus, the user can get up to 0.5% of the turnover of a person.

Self-financing model.

0.5% of world turnover will be used to support the platform and its development.

Scalability.

The Betex platform is designed to increase the load, this will not affect the performance of the platform. This is achieved through the correct organization of intellectual contracts, built-in architecture and hardware platform.

Infrastructure AWS.

Placing infrastructure in Amazon will provide a high level of reliability, hardware scale, speed of delivery of content to anywhere in the world.

About Betex ICO

Starting from ICO: 01.03.18 at 12:00 GMT
Final ICO: 31.03.18 or 3,000,000 BETEX tokens sold out
ICO BETEX token price: $ 3.00
Maximum number of tokens to sell: 3,000,000 out of 10,000,000 (30%)
Hard stamp ICO: $ 9,000,000
Min amount of purchase: 0.5 ETH or 0.05 BTC

In the first quarter of 2018, brokers will be offered a ready-made solution that allows getting involved with the platform by the known White Label principle. In other words, it is possible to immediately implement all of our platform mechanisms and systems with the domain and user base of the broker's own. In addition, Betex Lab Limited, as a platform developer, will provide consulting and technical support.