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I mean if its binary option its either you win or not, all-or-nothing right? So it's gambling per se, but I don't know if provably fair though is the right term here, maybe just verification since everyone can check it on etherscan as you have said. There are no server/client seed or nonce to calculate the result, correct me if I'm wrong.
Hi Kemarit! Yes, you win all or loose your investing amount, like in other betting/dice/plinko etc. I think you are right, but in my opinion the concept of "provably fair" refers not only to gambling, server seed etc. In our case platform based on smart contract, and it is one of the fairness technology in the world. |
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Its not provably fair actually because all exchangers and transactions do happen would always be seen.I dont know why you do consider this
to be a big thing which this only be a common thing that transactions can be checked out. Provably fair? Just like Omega said i dont see for it to be fitted to be used on exchangers.
Hello!  As we say early we are not an exchange we are betting platform(like Binary options) Maybe this tutorial video can help you to understand a conception of our platform  |
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[quote How you explain to us about "fair to traders"? Will you share a number of data or information about your activities or profits to traders? I don't really understand with this. It is too short explanation..
[/quote]
Hi there!
Fair to our traiders because our platform have:
- Smart Contract for distribution
- Clear quotes: the widget on our platform show the % dominance to our schedule
- Platform do not hold ETH. Traders must use Metamask.
- Platform get profit from volume, not from lost deposits and we want that traders gonna trade more and more.
If you trade in classical binary options - you know what i mean)
[quote
Well, it's interesting. Since many platforms require KYC for their clients, but you don't do the same way. I think you have done a research and find out that many people disagree with KYC.
[/quote]
KYC/AML is not a principle of cryptocurrency... we don't like it either
Thanks for your message!
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It can consider as gambling though in a manner, placing your call between 2 possible result but for those who have good fundamentals and have a strong knowledge about how market being influence this trading venue also give them a good place to performed their skills and earn decent
profits.
There's only 5 pairs if I get it right, are you planning to expand and add additional pairs? will be looking forward to see more, I'll be going to register and look around to your site needs to learn more about your features good luck.
Hi there! Yes, in trading you must have not only luck you must have skills) You can earn more than in casino and even get excited. About 5 pairs: WE planned to add Eur/usd and then, when platform have volume, we want to start polls about next pairs. (Technically every pair have 6 timeframes, and we must pay gas for its using, if you interesting in it, we can give you full description about technology) We are only at start of our work, and our platform is not fully completed. Many updates are planned Thanks for your message! |
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Can you help me understand a few things? Thank you
As I got it, you talk about trading and traders, right? So, first of all, what is this topic doing in the Gambling section of the forum? If it is more about gambling than trading (personally, I'm okay with that), maybe, you should make that point clear in the OP, though so far I don't see how it relates to gambling at all
Further, you mention about the function of tracking quotes, so my question is, what is the source of these quotes and how do we know that they are not rigged in the process? In other words, how can we check in practice if your system is actually "provably fair"?
Hi dear deisik! Sorry for this delay with not correct section. We will contact to admin, and try to transfer our thread. Provably fair trading in our case means, that you can check all of transactions (in/out)of our ptatform at etherscan.io. And our smart contract is open for everyone. Also we have clear quotations(widget with % of exchenge), you can check it in real time. |
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I thought that provably fair is a term used in online gambling to verify the fairness of the game you're playing, mind explaining how this is relevant to trading and how does it work in your exchange?
Hi Dear .OmegaStarScream! First of we want to inform you, that we are not exchange, we are trading platform with financial betting. Provably fair trading in our case means, that you can check all of transactions (in/out)of our ptatform at etherscan.io. And our smart contract is also open for everyone. And one more thing. Our platform has been planned as alternative of binary options brokers, but with huge differences: - To be fair for traders. - We have clear quotations(widget with % of exchenge) - No KYC/AML - Our profit is from traders volume and all model was based on p2p (trader vs trader) |
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Hi guys) My name is Deamon) Now i want to announce our new provably fair trading platform based on smartcontract p2ptrade.ioWhat do you think about our project? All advantages in our Official thread: LINK P.S. Very soon we will add partnership program! I think thats was awesome and provably fair!) |
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Темерь сумма минимальной сделки - 0.02 ETH вместо 0.1 ETH Время минимальной экспирации - 20 мин вместо 60. Мы усердно работаем над обновлениями! Совсем скоро вы увидите первые видео обзоры |
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Hi there! Now we have 0.02 ETH minimum deal(instead 0.1ETH) And 20 min minimum expiration(instead 60min) We are working hard to made our platform better! First reviews you will see very soon! |
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Мы открыты! Платформа полностью готова! Всем профита Добавляйтесь к нам в чат: CHAT |
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Thank you for waiting! We are opened!!! For any question you can text here Our trollbox: CHAT |
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Are you guys operative already?
Can you share some more information?
Thanks
Hello! Today and tomorrov (8th and 9th of Janyary) we will made the final tests of our smart contract. We made some rebuild for more convenient trading for our users. Now: Minimum deal is 0.02 ETH Minimum time frame is 10+10min And other minor improvements related of GAS price. We are planning to implement the approximate deadline for full implementation on January 10-11. If it is earlier, we will inform about it in all social networks. Thanks for your interest! |
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very interesting...
Will you offer any free bonus for trading ?
I signed up
Hello! As we say early there is no deposits. There is a new type of trading platform, no like any previous! That's why we have no demo. Now we still hard work about make a min deal more lower. We think this is more comfortable for traders. And in the future we made an expiration time more lower too |
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p2ptrade.io- первый брокер бинарных опционов, основан на блокчейне сети Ethereum Здравствуйте, уважаемые пользователи форума Bitcointalk! Хотим представить Вам новый продукт в мире трейдинга Бинарных опционов. Платформа создавалась с одной целью: предоставить возможность зарабатывать трейдерам. Бизнес модель продумана так, что брокеру выгодно чтобы вы торговали и делали оборот, с которого брокер зарабатывает комиссию. Немного о платформе:Принцип работы платформы: Трейдеры торгуют между собой без участия третьей стороны(т.е. интереса брокера и т.д) Smart Contract: Технология обеспечивает открытый доступ к информации в любое время, все транзакции по сделкам можно отследить в etherscan.io" Provably fair: Зароботок платформы зависит от торговых обьемов а не от проигрыша трейдеров. No deposit: Ваши средства (ETH) хранятся не на счетах платформы а в браузерном кошельке MetaMask, к которому доступ есть только у трейдера. Instant payouts:Вывод происходит автоматически по завершению экспирации сразу же на кошелек MetaMask. Для торговли на платформе вам необходимо установить браузерное расширение Ethereum кошелька Metamask, и иметь ETH на счету. Никаких верификаций.Платформа никак не влияет на процесс торговли и предоставляет только лишь возможность трейдерам торговать между собой, все автоматизировано и работает через Смартконтракт Ethereum. Минимальная сумма сделки Минимальная сумма составляет 0.02 ETH, или примерно 1.5$ на момент написания статьи. Данная сумма заложена логикой для того, чтобы при загруженой сети транзакции доходили без препятствий. Котировки: На платформе реализована функция отслеживания котировок в "real time" режиме. В данный момент присутствуют только котировки криптовалютных пар. В дальнейшем планируем добавить и другие популярные активы Безлимитная торговля: Торги любыми суммами, по любым стратегиям. Никаких запретов и ограничений. Время экспирации Максимальное вермя экспирации - 7 дней. Минимальное, пока что 20 мин. Работаем над уменьшением времени, все упирается в функционал сети Ethereum На начальном этапе саппорт будет через телеграм чат: CHATP.S. Готовится много обновлений по платформе, контента о брокере, мануалов, реферальная программа и мобильные приложения. Следите за обновлениями! P.S.S. Друзья, в связи с тем, что наш профиль является новым - мы вынуждены создавать данный пост без картинок. спасибо за понимание! |
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p2ptrade.io is the first binary options broker based on the Ethereum blockchain. Hello, dear Bitcointalk users! We want to introduce you a new product in the world of binary options trading. The platform was created with one goal: to provide an opportunity to made a fair trading. The business model is designed in such a way that it is beneficial for a broker that you trade and make a turnover from which the broker earns a commission. A little bit about the platform: The principle of the platform: Traders trade among themselves without the participation of a third party (that is, broker's interest, etc.) Smart Contract: The technology provides open access to information at any time, all transactions of deals you can see in «etherscan.io» Provably fair: Platform earnings depend on trading volumes, not on traders losses . No deposit: Your funds (ETH) are not stored in the platform accounts but in the MetaMask browser wallet, to which only the trader has access. Instant payouts: Withdrawals takes place automatically upon ending of expiration immediately to MetaMask wallet. To trade on the platform, you need to install the Ethereum browser extension of the Metamask wallet, and have ETH on your balance. No verification. The platform does not affect the trading process and provides only the opportunity for traders to trade among themselves, everything is automated and works through Ethereum Smartcontract. Minimum transaction amount: The minimum amount is 0.02 ETH, or about $ 2.5 at the time of this article writing. This amount is provided by the logic model of platform so that when the ETH network have high load, the transactions reach without any problems. Quotes: On the platform, there is the function of tracking quotes in the "real time" mode. At the moment, there are only quotes of cryptocurrency pairs. In the future we plan to add other popular assets. Unlimited trading: Trades in any amounts, on any strategies. No prohibitions and restrictions. Expiration Time: The maximum expiration time is 7 days. Minimum is 60 min. We are working to reduce the time, everything depends on the functionality of the Ethereum network. At the initial stage, the support will be via telegram chat: CHAT P.S. A lot of updates are being prepared on the platform, broker content, manuals, referral program and mobile applications. Stay tuned! P.S.S. Friends, due to the fact that our profile is newbie - we are forced to create this post without pictures. Please, can you post this picture below this post? Thank you for understanding! |
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