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Betex, the blockchain peer-to-peer binary options platform has launched its main ICO campaign on March, 1st, after successful completion of the two preliminary rounds. Betex is bringing transparency and fairness to the financial derivatives trading through the use of Ethereum smart contracts and letting the users bet against each other in a peer-to-peer way. The platform’s official launch is planned for the end of March, as of which the investors’ profits will already start accumulating.
The model of Betex is claiming to return credibility to the binary options market and has many key advantages compared to the traditional models. As a platform provider, Betex cannot engage in betting, which makes the process unbiased and immutable. Betex users get instant access to all of its functions and features without having to make any kind of deposits first. Moreover, the payments are automatically released by smart contracts straight to the users’ ETH wallets, ensuring immediate withdrawals without delays or cancellations. Users are forming one large common pool of liquidity for each underlying asset in order to maximize the overall gain. In order to clearly demonstrate the concept, Betex has already developed 2 MVPs. There are 3 trading pairs and 6 trading intervals available within the MVP framework.
Betex is the only platform where as much as 95% of funds are distributed among traders who succeed. Betex only profits from collecting service commission of 5% (thereby, 2.5% are transferred to the holders of BETEX tokens). Contrary to many other ICOs that are raising funds backed by an idea only, the official launch of the Betex platform is planned already for March 2018, which means that the profits of investors will start accumulating since then.
Within the main token sale, the price of BETEX tokens is fixed and equals $3. The token sale will last from March 1st to March 31st, 2018. 30% of tokens total (3,000,000 BETEX) will be available during the main token sale. The minimum purchase amount is 0.5 ETH or 0.05 BTC.
Finally, Betex has also introduced a special affiliate program, within which you can get 10% of the investment amount of the referred users. According to the program, the payouts will be executed in ETH and BTC within 7-10 days. Apart from that, Betex offers a bounty campaign for promoting its token sale.
To participate in the Betex token sale and the affiliate program, users should simply register on the official website and follow the instructions in an intuitive dashboard.
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Source: News Bitcoin