Betex: Connecting People with Advanced Technology

With increment in the world of technology and innovation, there is also huge development in the field of finance. Furthermore, a binary option is considered as the one of the financial derivative instrument which challenges the traders to move in the right direction of price moment for estimating the asset at the given time in the future. When it comes to forecasting, then it varies from a few minutes to years. For receiving the income for a defined right decision under which the price of the asset is expected to move, the traders must use the binary option rather than buy that asset. Hence, it is easier to forecast one of the two possible options prices will decrease or increase. If the forecast is predicted right at the given point of time and the price of an asset is moving in the indicated direction then the trader gain, or otherwise they face loss.

Any of the trading pairs which is comprised of the quotes like indices, currencies, minerals, oils, metals etc will be considered as a basic asset for the binary option. There were millions of brokers who were involved in the binary options and even experienced huge annual turnover in it. But, something went wrong many of the regulators made strong comments on the binary options and claimed it involves discouraging and deceit for the traders.

Moreover, binary options are not so popular in the market. Rather than building a platform which will ensure the benefits to it users it made a platform which was scamming the traders. Hence, despite investing lots of money in the advertisement on the platform, binary options lost its importance drastically. Even though in the past years there was no alternative available in the market, the brokers losses their revenue significantly. There are many problems which are facing by the current market as traders bets against the brokers, thus the trader's loss is broker's gain, no transparency is involved in the process, process like depositing and withdraw takes lots of time which need to be performed at the instant, quotations are being provided by the corrupt manner, and critical issue of believing the decision-making process. Hence we need such a solution which will solve all the problems of binary option in the best efficient way.

Thus the evolution of the platform called as 'Betex' appeared in the market. The basic fundamental of the Betex platform is to launch the existing market with the innovative and most efficient technology, which will further add honesty and transparency to the platform.

Solution offered by Betex

The Betex is a peer to peer platform for the financial trading. The platform is based on Ethereum smart contract technology. Moreover, Betex will include the binary options to be primarily served with all new features and transparency. Later on, more complicated and complex instruments will be added to the platform.

In the Betex platform the users will place a bet against each other, as compared to the traditional binary options this is the only platform where most of the assumptions are correct. Besides all this, the platform is based on such features which focus more on increasing the user's gain. The platform offers the full transparency and provides fair conduct and auditable results to a binary options trading with the minimum transaction fee as compared to any other options.

The following are the advantages of the Betex platform for its participants

Fairness in the process
There is no chance of results being manipulated in the platform. Moreover, it profits every outcome made on the platform.

Enables common pool of liquidity
The goal of the platform is to collect the maximum liquidity from the market.

Instant Payout
Powered by the feature of Ethereum technology, this platform allows the instant payment feature on the platform, thus it is liable for having trust from its users.

Transparency
Built on blockchain oriented technology, this platform will provide the access to all information to its users, which will show honesty towards its participants.

No deposits
The user of the platform got instant access to all the features which are present in the platform without any unnecessary deposit on the platform.

Enable White label for the brokers
This platform connects with the most efficient and eligible broker, and ensure an increase in the turnover with minimum cost and least time.

ICO details for Betex

There are two token which are associated with the platform of Betex namely 'BETEX' and 'STB'. STB is a token which has a stable value of $1. The token BETEX is considered as the main token of the platform. The main ICO sale will start from 1st March 2018. The ICO hard cap is $9,000,000. The price of 1 BETEX is $3.

Conclusion

In the past few years, the loss which is faced by the market of binary options is needed to be compensated. Thus the platform of Betex has a great potential to uplift the market associated with the binary options with an immense variety of solutions and benefits offered to the platform's participant. Thus the platform Betex is one of the most eligible and innovative platform which could be offered to the people who are dealing with the binary options.

Website | Whitepaper | Twitter | Facebook | Medium | Bitcointalk| Telegram

Author: sandysan
Profil link : https://bitcointalk.org/index.php?action=profile;u=1071983
ETH: 0x022DfD639385A07a9EE272404854fE6598fEBA4b