 Betex architecture is based on two major parts: - Smart contract systems (to ensure transparency of bets). - An oracle providing the reliable data on occurring events to a smart contract (in particular, exchange rates). Main purpose of smart contracts is ensuring a transparent betting mechanism for the common pool of liquidity. Main purpose of the oracle is that it is the basis for deciding the outcome of each round in the Betex system. The result is the composite rate (Outcome Rate), so the oracle is a critical component of the system that is located separately from the rest of its parts. |
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 Economic sustainability of the Betex business model is promising. Betex business model is designed to minimize the risks of operational loss, for any number of brokers and platform users, regardless of the nature of the events and outcomes which users are betting on. |
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 Trading on the Betex platform is realized with ERC-20 tokens of stable value. It is stored and presented in the Ethereum blockchain, making it possible to audit the platform operations in real time, or later. Open access to data prevents intermediaries from altering results. |
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 Betex aspires to relaunch the existing market with a new technological groundwork through introduction and implementation of an honest, transparent and comprehensive business model, as well as all of its requirements. |
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Thank you for being a part of the Betex. We appreciate all the new and existing members and we strive to make your user experience as impeccable as possible.
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 What is binary options and how does Betex employ it? Binary options is a financial derivatives instrument that requires traders to correctly indicate the price movement direction for the underlying asset at a given point of time in the future. The forecasting horizon can vary from a few minutes to several months. Betex has launched a revolutionary peer-to-peer platform for binary options, that will substantially improve the way betting is done by using the blockchain technology and providing access to real-time data. |
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 Betex aims to substantially improve the way betting is done and to greatly reduce the related risks. To achieve the goal, Betex designed a
radically new business model to shift user mindset from worrying about the integrity of platform providers to focusing on user`s own capacity to make the profit. As a result, the betting process becomes much more efficient, systematic and productive |
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In fact BETEX Token Sale had 4 stages: - Token Pre Sale Round 1 - Token Pre Sale Round 2 - Main Token Sale (01.03.18-31.03.18) - Main Token Sale via smart-contract (01.04.18-15.04.18) On the smart-contract you can see only the last stage where ~300k in ETH were collected (using ETH/USD rate on that moment). As for address you have mentioned 0xC8fE659AaeF73b6e41DEe427c989150e3eDAf57D It is COMPANY RESERVE address. It is not one of top holders. Initialy it had 800,000 BETEX balance (8%) All people who have been helping us during token sale including advisory board receive their tokens from this address. Also we use this address to pay in tokens to any third parties that we have relations with if we have such agreement. Platform is done and working. We are currently working on broker's cabinet. So question is - where do you see scam? P.S. And what was your invested amount? We can return it back to you if you still sure it is a scam  All the tokens that have been transferred from this account address have gone to idex. Explain that..... And there are numerous other very similar accounts. basically all the top 25 accounts are similar to that one +- 1 or 2 https://ethplorer.io/address/0xbd270f9a96ed49a1c82055a22ad9b8eec564097f#pageSize=25&tab=tab-holdersAll the tokens that have been transferred from this account address have gone to idex. Explain that..... We can't control this moment after we send tokens from our address. It could be anyone who received tokens for some kind of help/job. And there are numerous other very similar accounts.
basically all the top 25 accounts are similar to that one +- 1 or 2 Didn't get what you mean here under "similar". For example: #1 and #5 belong to co-founders and team and are vested until 16.10.18. #2 is reserve for brokers. This address also has the same vesting period. #7 - Company Reserve #16 - Bounty address All the rest are addresses of token holders. I participated in two bounty campaigns: twitter and telegram. Even if you are writing here as a raised share of ICO $ 4,360,000, I did not receive the reward as a bounty supporter. I do not understand what you mean "# 16 - Bounty address". Can someone explain to me how it is about bounty rewards, but how can i get it. Thank you. Good luck! Address #16 were used by bounty smart contract for payouts to bounty participants. Bounty payouts has finished on 1st of July. Now there is NO WAY to receive it. All information was publicly available and conditions were coded in smart contract. If I was part of the bounty campaign why is NO WAY to receive it? Who decides here is NO WAY? Is it part of your relationship with the community? In spreadsheet at 1147 Twitter and 3381 Telegram campaign. https://docs.google.com/spreadsheets/d/1pnF4ep4Pp7Ohl_IuK0Xzlllsl1FzfrHTPO_L6aa9QrE/edit#gid=1474185145For what is offered as a reward, it is not worthwhile to waste my time talking to you. But as a principle, I feel bad about the way you treat those who have been with you in raising these funds. Good luck! You were able to claim your bounty during a month using our smart contract. |
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In fact BETEX Token Sale had 4 stages: - Token Pre Sale Round 1 - Token Pre Sale Round 2 - Main Token Sale (01.03.18-31.03.18) - Main Token Sale via smart-contract (01.04.18-15.04.18) On the smart-contract you can see only the last stage where ~300k in ETH were collected (using ETH/USD rate on that moment). As for address you have mentioned 0xC8fE659AaeF73b6e41DEe427c989150e3eDAf57D It is COMPANY RESERVE address. It is not one of top holders. Initialy it had 800,000 BETEX balance (8%) All people who have been helping us during token sale including advisory board receive their tokens from this address. Also we use this address to pay in tokens to any third parties that we have relations with if we have such agreement. Platform is done and working. We are currently working on broker's cabinet. So question is - where do you see scam? P.S. And what was your invested amount? We can return it back to you if you still sure it is a scam All the tokens that have been transferred from this account address have gone to idex. Explain that..... And there are numerous other very similar accounts. basically all the top 25 accounts are similar to that one +- 1 or 2 https://ethplorer.io/address/0xbd270f9a96ed49a1c82055a22ad9b8eec564097f#pageSize=25&tab=tab-holdersAll the tokens that have been transferred from this account address have gone to idex. Explain that..... We can't control this moment after we send tokens from our address. It could be anyone who received tokens for some kind of help/job. And there are numerous other very similar accounts.
basically all the top 25 accounts are similar to that one +- 1 or 2 Didn't get what you mean here under "similar". For example: #1 and #5 belong to co-founders and team and are vested until 16.10.18. #2 is reserve for brokers. This address also has the same vesting period. #7 - Company Reserve #16 - Bounty address All the rest are addresses of token holders. I participated in two bounty campaigns: twitter and telegram. Even if you are writing here as a raised share of ICO $ 4,360,000, I did not receive the reward as a bounty supporter. I do not understand what you mean "# 16 - Bounty address". Can someone explain to me how it is about bounty rewards, but how can i get it. Thank you. Good luck! Address #16 were used by bounty smart contract for payouts to bounty participants. Bounty payouts has finished on 1st of July. Now there is NO WAY to receive it. All information was publicly available and conditions were coded in smart contract. |
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In fact BETEX Token Sale had 4 stages: - Token Pre Sale Round 1 - Token Pre Sale Round 2 - Main Token Sale (01.03.18-31.03.18) - Main Token Sale via smart-contract (01.04.18-15.04.18) On the smart-contract you can see only the last stage where ~300k in ETH were collected (using ETH/USD rate on that moment). As for address you have mentioned 0xC8fE659AaeF73b6e41DEe427c989150e3eDAf57D It is COMPANY RESERVE address. It is not one of top holders. Initialy it had 800,000 BETEX balance (8%) All people who have been helping us during token sale including advisory board receive their tokens from this address. Also we use this address to pay in tokens to any third parties that we have relations with if we have such agreement. Platform is done and working. We are currently working on broker's cabinet. So question is - where do you see scam? P.S. And what was your invested amount? We can return it back to you if you still sure it is a scam All the tokens that have been transferred from this account address have gone to idex. Explain that..... And there are numerous other very similar accounts. basically all the top 25 accounts are similar to that one +- 1 or 2 https://ethplorer.io/address/0xbd270f9a96ed49a1c82055a22ad9b8eec564097f#pageSize=25&tab=tab-holdersAll the tokens that have been transferred from this account address have gone to idex. Explain that..... We can't control this moment after we send tokens from our address. It could be anyone who received tokens for some kind of help/job. And there are numerous other very similar accounts.
basically all the top 25 accounts are similar to that one +- 1 or 2 Didn't get what you mean here under "similar". For example: #1 and #5 belong to co-founders and team and are vested until 16.10.18. #2 is reserve for brokers. This address also has the same vesting period. #7 - Company Reserve #16 - Bounty address All the rest are addresses of token holders. |
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In fact BETEX Token Sale had 4 stages: - Token Pre Sale Round 1 - Token Pre Sale Round 2 - Main Token Sale (01.03.18-31.03.18) - Main Token Sale via smart-contract (01.04.18-15.04.18) On the smart-contract you can see only the last stage where ~300k in ETH were collected (using ETH/USD rate on that moment). As for address you have mentioned 0xC8fE659AaeF73b6e41DEe427c989150e3eDAf57D It is COMPANY RESERVE address. It is not one of top holders. Initialy it had 800,000 BETEX balance (8%) All people who have been helping us during token sale including advisory board receive their tokens from this address. Also we use this address to pay in tokens to any third parties that we have relations with if we have such agreement. Platform is done and working. We are currently working on broker's cabinet. So question is - where do you see scam? P.S. And what was your invested amount? We can return it back to you if you still sure it is a scam |
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Reading this thread it seems that yet another scam has been carried on. Did they actually really rease that money?
You make that thought after one angry bounty hunter who can't follow bounty rules?  Yes, you can find the tokensale smart contract on etherscan or any other block explorer of your choice and find all the transactions The announce of $4,360,000 raised was made using the ETH exchange rate at that moment, so naturally it could've changed by now as ETH rate changes. |
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Betex could you answer my question? I asked here and on Facebook but still no answer:
"I don't get something. I have never used Metamask, but now I have it and I have already made some bets. But why on metamask account I can see 5 ETH and every bet I place reduce this number approximately by 0.004 per bet? I earned some SBT, but I'm afraid that I will have to pay for gas used (from this 5 ETH I have seen, now 4.789 left)"
Every bet is a transaction, so basically you pay gas for them. |
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 The platforms commission is 5% only, one of the lowest commissions among the binary options platforms. 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 predictions. |
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 Betex is proud to be powered by Ethereum smart contracts. The system of smart contracts brings our platform undisputable transparency, fair conduct, and auditable results to the binary options trading. |
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Why Betex? Betex makes it possible for traders to be placing bets against each other instead of platform providers or other intermediaries as is the case with many binary options platforms. By choosing Blockchain technology instead of traditional platforms, Betex can now 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. |
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 The Betex platform uses the latest high-tech solutions available on the market to bring its users the most advanced technological solutions. The infrastructure placement on Amazon provides Betex a high level of reliability, hardware scaling and speedy delivery of content to anywhere in the world, ultimately forming a positive user
experience. |
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 Betex has several possible solutions for the platforms scalability. Among one of them is the transition to its own specialized blockchain that will be able to provide the platform with a level of transparency and reliability not lower than the current one and at the same time, it will be sharpened directly to the needs of the platform. The results should appear in the second half of 2018. |
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 Among its other advantages, the Betex platform introduces the system of the white label for brokers.
This system allows quick connection of the brokers who contribute to maintaining high liquidity and ensures the increase in the turnover of the platform in a short time and at low costs. |
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 Betex has an excellent referral system, so if you had not told your friends or partners about the Betex platform it`s high time you did! The platform offers a single-level referral program. The bonus size is chosen by the broker and usually equals 0.5%. Thus, the user can get up to 0.5% from the turnover of the person referred by them. |
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