Peer-to peer Binary Options platform Betex.
Betex ICO Review – Introduction
Betex is a platform for peer-to-peer binary options that is powered by Ethereum smart contracts. Binary options are a type of options that are based on a yes or no proposition. In other words. You have two options. When you trade binary options, you have to predict the direction of the price’s movement for a given asset at a specific point in time. This form of trading is considered easier than Forex trading because you do not have to predict the magnitude of the price change; you only have to predict whether the price will move up or down. Binary options trading started out as a great concept. The model reduced the risk associated with Forex trading because the chances of being wrong are lower. Binary options reached the height of its popularity a few years back, but lost some of its momentum lately.Binary options have come under fire in the past, mainly because of shady brokers who have deceived their users and cheated them out of their money. Scams came in many different forms, from dishonest brokers to rigged robots to falsified reviews. Whether it is the broker that is shady or the trading system that is shady, traditional trading platforms make it difficult to figure out who you can trust. This situation had a detrimental effect on the popularity of binary options. The Betex platform directly addresses the problems that led to the decline of binary options. Betex recognized that this was the right time and place for a change. Their goal is to usher in a new era of binary options trading, defined by new standards for transparency. The result is a truly revolutionary peer-to-peer platform with unparalleled fairness and integrity.
How Is Betex Different?
Traders will always place bets against one another. This is what makes it a peer-to-peer system. The traders will never place bets against platform providers or middlemen. The traditional model is inherently flawed. If traders are betting against brokers, it is in the best interest of the broker for the trader to fail. This means as a trader, you have to trust that the broker has integrity. History proves this is not a safe assumption traders can make. Because Betex is built with blockchain technology, the platform offers more transparency than traditional trading platforms. They do this by providing users with access to real-time data and by keeping third parties out of the direct trading process. Traders are all on the same playing field. With traditional trading platforms, the trading process takes place behind closed doors, so it is not transparent at all. Betex’s transparent, decentralized approach ensures more fairness in the betting process....
How Is Betex Different?Continiue reading......
Betex Tokens.
Betex Interface.
Betex Token Sale.
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