We are launching
Thanks for your interest, we will likely launch on this market open today and bet will be accepted.
All payment will be made promptly. We have enough balance to pay you. However there is bet limit, please see below for more information.
We will make it in H1,H4 and D1, if you are a forex trader, this should be a common term, means that you will be betting the price will be
above or below in 1 hour time,4 hours time and 24 hours time.
What make it unique from gambling is you are not actually betting against the "seconds", but you are betting against your knowledge of the currency pair.
Winning SettlementAll winnings will be "MANUALLY" settlement within 2 hours of trade closure as during the start, we wanna ensure the bet is working, automatic withdrawal will be implement very soon, at least within this week. Your payment and earning will not be short charge, we got a
funding base of over 20 BTC as of now. Investor are welcome to join us by pm me as of now.
All the bet will be recorded in our database and the database will be backup on a daily basis, any dispute will be resolve easily.
Where we get our price feed?Fair . We get it from Google Finance, definitely public and available, ensure the result is up to the 99.99% fairness. The code are ready. The price is live, if you find anything suspicious, feel free to shout at us on this thread, there will definitely be not much spread difference since the opening and closing of trade will all base on Google Price Feed for the pair, and it will be updated live, so no issue on that.
House Edge?There are no house edge, the price are all from the market, the only edge we have is for every 1 loss, you need 2 win to cover with extra 50% profit, which why we pay you 1.75x odd, if we are paying you 2x odd, we will not be making any money to cover the hosting and the rainy days.
If the site is making decent on bad traders, the site might launch events to give jackpot on random bet, e.g everyday 1 random better wallet id will get 0.01 BTC free etc. We will announce here, if such event will occur in future.
Where we keep your money and bitcoin?The wallet is not connected to the server where the game is host, we host it remotely elsewhere, and our funds are host somewhere else, as of now my bitcoin is not much
but I can get it easily through my localbitcoin seller using my fiat, within less than 20 mins, I can get 20 to 30
BTC with no issue.
Why we launch this?For the love of Forex and also the love of not gambling by luck, but by fundamental and technical analysis, it should be fair enough.
Trading Pairs ?We will launch the binary trading for the following pairs
EUR/USD , GBP/USD , AUD/USD , USD/JPY
Our interface might be slightly ugly, but before we let you guys bet, we will try it to confirm the system accept the right bet.
Bet LimitMinimum bet is
0.005
Maximum bet is
0.05
The reason why we set minimum bet is because no point to bet when your earning won't cover much of the BTC transaction cost.
How will we grow?We are not intend to just promote our binary site at just bitcointalk, we will expand into forex forums and promote there too. Only
BTC betting thou
Why BTC bettingAnonymous to a certain extent, fussy free, no registration, no worries about security. Our site will not have "Site Wallet" due to security concern at start.
For now we just want focus on the Social Binary Betting and ensure all our functions is up and working.
The next thing we will do is of course, allow site wallet and allow position carry over. and more forex related speculating with
BTCWe will be looking to further this into a trading platform, where you can hold your position instead of just binary option.
