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Peer-to-peer binary options platform

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Team:

Oleg Torkhov - Co-founder & CEO

Mykhailo Tiutin - Co-founder & CTO

Mykhailo Savchuk - Blockchain & Back-end Developer

Oleksii Koshlatyi - DevOPs & Infrastructure

Oleksandr Babichev - Front-end Dev

Iana Gyzhytska - Content Strategist & Writer

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.

Expert Review

TokenTops
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4.4 out of 5

Betex is an ICO-funding binary option peer-to-peer trading platform powered by Ethereum smart contracts aiming to eradicate corruption bringing indisputable transparency, fair conduct, and audible results. They aim to attract people back to investing by removing rip off caused by brokers which will lead to an open-system trading option that people can be a part of. The web design is very simple with the website having everything provided on its homepage and the team seems to be experienced and all the ideas and content provided in the roadmap and whitepaper seem well planned.

User Review

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Di29s04 may 2018, 12:12

I personally think that the idea of the project is pretty solid like having a cryptocurrency binary options trading is a great move. It will help many people who are new in the investing environment and its services will also attract current ones. The website is greatly designed and the whitepaper and roadmap are well thought and presented. I would prefer investing in it.

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