BETEX, TRADE PARTY TRANSPARENCY DERIVATIVE TRADING PLATFORM

April 05, 2018

What is Betex?

Betex is a leading platform for P2P financial derivatives trading. This allows users to place bets on future changes against each other.

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

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

Determined to rediscover the financial derivatives market, we strive to instill unfinished business logic that will conclusively eliminate the issue of trust.

Binary Options is a financial derivative instrument that requires traders to correctly indicate the direction of price movements for underlying assets at any given point in time. Estimated horizons can vary from a few minutes to several months.

Thousands of brokers and traders around the world massively used these instruments at the time. This is well-liked because of the simplicity of concepts and high chances of success. The industry is experiencing exponential growth until 2014, reaching more than $ 30 billion in annual turnover. But there's something wrong there.

In the following years, regulators from around the world have made rather strong statements, claiming that binary options are a hoax and that traders are reluctant to get involved. Evidently, a great concept behind Binary Options has been undermined by shady and dishonest brokers, their appetite for profit and the fact that there is infinite possibilities for them to deceive their customers.

We've got some good news for you. We are launching a revolutionary peer-to-peer platform for binary options, BETEX, which will substantially improve the way betting is done. We designed a radically new business model to change the user mindset of platform provider integrity concerns to focus on its own capacity to generate profits.

With Betex, traders will place bets on each other and never fight against platform providers or other intermediaries. Built with Blockchain technology, unlike traditional platforms, Betex will provide access to real-time data, ensuring absolute system transparency. So there is no doubt that all users are treated equally and fairly.

Users will form a large shared pool of liquidity for each underlying asset in order to maximize the user's profit. "The platform commission is only 5%, liquidity will come from a common broker merge, and the broker itself will integrate into the platform through a white label mechanism. platform, where as many as 95% of funds are distributed among traders who make the correct assumptions.

Mission

BETEX is a mission to bring clear transparency to all financial markets and, it can
definitely removes the trust problem.
First and foremost, we are trying to reinvent the binary options through implanting not ephemeral
business logic into everyone's value system.

Business model

We designed a very new business model to change the mindset of users from worrying about the integrity of platform providers to focus on their own capacity to generate profits.

Betex is the only platform, where as many as 95% of the funds are distributed among merchants, which works.

In addition, we form a large pool of liquidity for each base asset to maximize user profits.

Backed by the Ethereum smart contract, Betex brings undeniable transparency, fair behavior and auditable results into Binary Option trading.

TOKEN SALES

Summary of Crowdsale
BETEX token sales will be done in the first two stages and one main stage.

▸ BETEX Pre-Sale Token, Round 1 (04.12.17 - 08.01.18)

▸ BETEX Pre-Sale Token, Round 2 (10.01.18 - 18.02.18)

▸ BETEX Token Sale (01.03.2018 - 31.03.2018)

During the initial round of BETEX token sales, the token will not be transferred to the buyer.
Under the SAFT (or similar) agreement, tokens will be transferred to the contributor later,
after they are generated.

SWIMMING POOL DISTRIBUTION

The Betex platform generates commissions from each transaction (bets). This commission is 5% of
the amount of each transaction (bet). Distribution of total number of fund (bet) transactions,
including commission income, are presented below.

▸ 95% of turnover will form a prize fund for traders. These funds will be paid to the merchant
automatically, after each round ended.
▸ 2.5% of the total turnover of the platform will be distributed among holders of BETEX tokens,
according to the number of tokens they have.
▸ 2.0% will be given to the broker, connected to our platform. Payment for reference will be
deducted from the broker's commission.
▸ 0.3% will contribute permanently to the project development fund. A year after that
commercial launch, the project must break even.
▸ 0.2% of the platform rotation will be transferred to the reserve fund. Reload its contents (from
each transaction) will cover unexpected costs, if it appears.

Betex token distribution