Betex - Peer-to-peer binary options platform Powered by Ethereum smart contracts



  • Betex is a leading-edge platform for P2P financial derivatives trading. It enables users to place bets on future changes against each other.

    As a platform provider, we cannot engage in betting. Thus, there is no way for us to benefit from it. We only profit from collecting service fees.

    Business model

    We designed a radically new business model to shift user mindset from worrying about the integrity of platform providers to focusing on own capacity to make profit.

    Betex is the only platform, where as much as 95% of funds are distributed among traders, who succeed.

    Besides, we are forming a large common pool of liquidity for each underlying asset in order to maximize users’ gain.

    Powered by Ethereum smart contracts, Betex brings undisputable transparency, fair conduct and auditable results to Binary Options trading.

    Built with Blockchain technology, unlike traditional platforms, Betex provides access to real-time data, thereby, ensuring absolute transparency of its system.

    Determined to reinvent financial derivatives market, we strive to instill incorruptible business logic that would conclusively eliminate the issue of trust.

    Presentation:

    Betex Token pre-sale

    Betex Token pre-sale will be carried out in 2 stages. Tokens will be issued in accordance with SAFT agreement after the pre-sale, once they are generated and registered.

    Attention! Only qualified investors who have completed the KYC/AML process will have access to the Betex Token pre-sale.




    Round 1

    Start of pre-sale round 1:

    04.12.17 at 14:00 GMT

    End of pre-sale round 1:

    08.01.18 at 14:00 GMT or 500,000 of BETEX tokens are sold out

    Pre-sale round 1 BETEX token price:

    $2.00 Max amount of tokens to be sold: 500,000 out of 10,000,000 (5%)

    Pre-sale round 1 hard cap:

    $ 1,000,000

    Min purchase amount:

    15,000 BETEX

    Betex Token pre-sale will be carried out in 2 stages. Tokens will be issued in accordance with SAFT agreement after the pre-sale, once they are generated and registered.

    Attention! Only qualified investors who have completed the KYC/AML process will have access to the Betex Token pre-sale.





    Round  2

    Start of pre-sale round 2:

    10.01.18 at 14:00 GMT

    End of pre-sale round 2:

    31.01.18 at 14:00 GMT or 1,500,000 of BETEX tokens are sold out

    Pre-sale round 2 BETEX token price:

    $2.50

    Max amount of tokens to be sold:

    1,500,000 out of 10,000,000 (15%)

    Pre-sale round 2 hard cap:

    $ 3,750,000

    Min purchase amount:

    5,000 BETEX


    .......

    Betex MVP

    We built two versions of the platform to provide you with a better understanding of the concept behind a common pool of liquidity and to demonstrate how it actually works.

    GoBet.io or Betex.io

    Team:


    ...

    Links:


    Web:https://betexlab.com/

    White Paper:https://betexlab.com/betex-wp....

    Twitter:https://twitter.com/betex_toke...

    Facebook:https://www.facebook.com/Betex...

    Blog:https://medium.com/@betex

    Telegram:https://t.me/betex_ico

    Bitcointalk:https://bitcointalk.org/index....

    E-Mail:[email protected]



  • Betex  Listen to our Advisor Steve Good's latest podcast mentioning betex.

    Stitcher: https://t.co/4LJuqDUSsc
    iTunes/Apple Music: https://t.co/C8po0tx6b0
    Spotify: https://t.co/PfOFyJew5i

    #ico #betex #crowdsale https://t.co/j3WfN8Piu7




  • Betex - Update on bounty campaign rewards

    Dear bounty campaign participants!  We want to thank everyone of you for the time you’ve spent and for your help.  At the moment our team is focused on the platform and soonest full launch, so all token holders will start making profits.

    Because of a big amount of bounty campaign participants (more than 40,000 applications) and a lot of objections, we can’t just send rewards manually, therefore we’ve had to automatize the process for everyone’s benefit. We understand your worries, but we kindly ask for more patience. We are working on the option to start all automatic bounty payouts from the 20 of May. There will be an e-mail verification, no KYC. 
    Soon we will announce more news regarding its work. 
    Thank you for your patience, your help and your interest in Betex.
    Kind regards,
    Betex Team



  • Betex Launches the Platform Telegram Community

    While Betex Lab already has a Telegram chat, it has been the main means of communication with our community during the token sale and early stages of Betex platform development. That chat contains lots of interested people who helped us with testing, and, of course, promotion of Betex, including bounty hunters.

    Now it is the time to get around our actual platform users and to provide them with a fast and convenient contact point, where they will be able to get all their answers answered and find any valuable information much faster.

    We present you the Betex Platform Telegram Chat, the official chat of Betex binary options platform



  • BETEX Platform - How to become a broker

    How to become a broker

    Betex platform announces the launch of its platform. The brokers have already begun to connect to the platform. The first 10 connected brokers will receive special terms.

    7 out of 10 slots are available at the moment.

    What is BETEX Platform?

    Betex platform is a revolutionary p2p platform that allows users to place bets against each other on future changes of cryptocurrency’s price at different time intervals from 5 minutes to 1 week. The entire process is managed by a smart contract while bets are being made through SBT — a stable token with $1.00 value. All bets are stored in the blockchain so that all betting results are immutable and honest which can be proved.

    Also blockchain allows the platform to use concept of a common pool of liquidity. Betex Lab connects brokers to the platform to increase this pool. Users of all brokers connected to the platform make bets in one common pool for each of the available currency pairs and time intervals. In addition, users of a particular broker may not even suspect the existence of the platform.

    Once the outcome of the event becomes known (the exchange rate has grown or fallen in the selected time interval), the platform transparently divides 95% of the pool total for the given event between the winning users proportionally to their bets and holds 5% as a commission.

    This 5% commission has following distribution:

    • 2.5% is spent on dividend payouts and tokens buyback.
    • 0.3% company keeps for itself to maintain infrastructure of the platform.
    • 0.2% a reserve fund.
    • 2.0% broker’s commission.

    How to earn money with Betex as a broker

    The main profit of the broker is commission from the volume of bets that users made into the common pool of liquidity using the broker’s website. The size of commission does not change and is set to 2% of the total volume of bets that were made by broker’s users. Only the successful rounds are taken into account.

    The broker’s commission is automatically paid at the end of each round. The profit of the broker does not depend on the outcome of events but only on the volume of bets accepted from users. The more users broker has, the bigger volume of bets and profit of the broker.

    A bonus program could be additional revenue source for the broker (described below in the relevant section).

    What you need to become a broker

    • Domain name.
    • A landing page. Example — https:/2options.io/#home.
    • Logo (optional).
    • The address of the Ethereum wallet where you will be getting a broker’s commission.
    • Insurance deposit (equivalent of $ 5,000).
    • The contact information of person responsible for running of broker’s website.

    Afterwards Betex Lab makes setup of the platform on your domain within 7 days and you can start operation! The initial configuration and further support of the platform are also provided by our company.

    Terms of use

    The terms of using the platform are being regulated by the contract between the parties. The most significant conditions are the following:

    • Setup fee is the subject of individual agreement based on the amount of working hours needed to complete the installation;
    • The monthly fee for using the platform is paid in advance before the beginning of the reporting month and is equivalent to $1,000. If the monthly turnover of the broker in the reporting month was over $100,000 then the subscriber’s fee is returned to the broker in full. In this case the use of the platform for the broker is free!
    • The brokers have the right to terminate the activity on their own will but they need to warn the platform at least 30 calendar days before the expected date of termination. In this case, after completing all formal procedures, the company returns the insurance deposit within 7 days after the end of cooperation.
    • A broker may lose insurance deposit in full or its part in case of: intentional act(s) aimed to scam users, attempt(s) of unauthorized interference into the operation of the platform, transfer of access/management of their site to third parties and other unlawful actions that could directly or indirectly harm the platform and/or its users. Also in this case the platform on broker’s site is switched off.

    Special conditions for the first 10 brokers

    So, for the first 10 brokers:

    • There is no setup fee!
    • No monthly fee for the first 1 year of operation.
    • The insurance deposit is only $ 2,500.

    There are only 7 slots available at the time of publication!

    How broker can be receiving a constant discount for payments of the platform`s services

    Each broker can get a 50% discount by paying for the services of the platform using BETEX tokens. The discount is not limited in time and applies to all types of payments from the broker to platform.

    Bonus program for brokers

    The total amount of tokens allocated for brokers` bonuses is 1,000,000 BETEX (10% of the total supply). These tokens are distributed to 2 funds.

    Fund Size: 300,000 BETEX

    TOP-5 brokers based on the year turnover will receive the bonus.

    Prize fund for years:

    2018–100,000 BETEX

    2019–50,000 BETEX

    2020–50,000 BETEX

    2021–50,000 BETEX

    2022–50,000 BETEX

    Allocation according to the place:

    • 1st place — 50>#/li###
    • 2nd place — 20>#/li###
    • 3rd place — 15
    • 4th place — 10>#/li###
    • 5th place — 5>#/li###

    The frequency of payment: Once a year

    Validity period: 2018–2022 years

    Bonus Fund for Turnover:

    • Fund Size: 700,000 BETEX
    • Accrual principle: 1 BETEX for every $100 of turnover
    • The frequency of payment: Once a month
    • Validity period: Until the last token in the fund

    There are no restrictions in time.

    Please feel free to send your queries and applications to [email protected]



Log in to reply
 

Looks like your connection to Cryptocentral was lost, please wait while we try to reconnect.