Whitepaper
  • EXECUTIVE SUMMARY
  • 1.0 INTRODUCTION
    • 1.1 Binary Options : Basic concept
    • 1.2 Historic and economic background
    • 1.3 Market Overview
    • 1.4 Current model: problems and disadvantages
    • 1.5 1xBinary model: solutions and benefits
    • 1.6 Plans and Objectives
    • 1.7 Mission
  • 2.0 1XBINARY ECOSYSTEM
    • 2.1 1xBinary for Traders (Bettors)
    • 2.2 1xBinary for investors
    • 2.3 . 1xBinary for Brokers
  • 3.0 1XBINARY TOKEN MECHANISM
    • 3.1 Stable Betting Token (SBT)
    • 3.2 1xBinary Token
  • 4.0 1XBINARY PLATFORM
    • 4.1 Business model
    • 4.2 Architecture and technology
    • 4.3 Audience
    • 4.4 Use Cases
    • 4.5 Platform Scalability
    • 4.6 Description of MVP (released)
    • 4.7 White label solution for brokers
  • 5.0 FEES
  • 6.0 COMPETITION ANALYSIS
    • 6.1 Advantages of the 1xBinary platform
  • 6.2 1xBinary vs. traditional binary options platforms
  • 6.3 1xBinary vs. prediction markets
  • 7.0 HOW 1XBINARY CAN BE PROFITABLE
    • 7.1 For traders (Bettors)
    • 7.2 For brokers
    • 7.3 For investors
  • 8.0 ROADMAP
    • 8.1 Current state
    • 8.2 Future development
  • 9.0 TOKEN SALE
    • 9.1 Crowd sale summary
    • 9.2 1xBinary token pre-sale Round 1
    • 9.3 1xBinary token sale (2023)
    • 9.4 1xBinary token distribution (2022)
  • 10.0 FINANCE
    • 10.1 Use of the sale proceeds
    • 10.2 Future value of the 1xBinary token based on the daily turnover
  • 11.0 OUR TEAM
  • 12.0 LEGAL NOTES
    • 12.1 1xBinary legal structure
    • 12.2 Disclaimer
    • 12.3 Risk factors
  • 13.0 CONCLUSION
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  1. 1.0 INTRODUCTION

1.1 Binary Options : Basic concept

Binary options are a financial derivatives instruments that challenge traders to foresee the right direction of the price movement for an underlying asset at a given point of time in the future. The Forecast horizon varies from a few minutes up to several hours.

To receive income for having defined the right direction, in which the price of an underlying asset happens to move, traders can use binary options instead of actually buying that asset. Thus, it is enough to forecast one of the two possible options — price increase or decrease. If the assumption is accurate for a given moment in time and asset price changes in the indicated direction, traders gain. And otherwise, they lose.

Any trading pairs that are composed of quotes (currencies, indices, stocks, metals, minerals, oil etc.) may be considered as basic assets for binary options.

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Last updated 2 years ago