1.5 1xBinary model: solutions and benefits

▸ Outcome of a bet makes no difference to us (as the platform provider), or to brokers, as neither of us can actively take part in the betting process. We charge service fees, while traders place bets against each other (peer-to-peer).

▸ No deposits are required and an instant automatic withdrawal of funds is ensured. It is mainly possible due to the use of smart contracts.

▸ Traders who accurately determine future changes are rewarded with 85% of funds. In case of success, trader’s gain largely depends on the ratio of the correct and incorrect outcomes;

▸ Both the platform and brokers can always prove authenticity and accuracy of the results. In the worst case scenario, if a mistake is made, it will be admitted or justified. Hence, it is no longer needed to trust each other to be sure terms are fair.

▸ Trading 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;

▸ 50% of the platform's profit made from commission is distributed among 1xBinary token holders. 40% goes to brokers.

▸ A composite rate, used in all calculations, is derived from several open sources by an established algorithm, considering the value of each source, that is defined by trading volume. Using multiple sources makes entangles possible manipulations with the rate of an underlying asset, since they would have to be done in several places simultaneously. Working out of the composite rate is a completely open and transparent process: it is being logged and presented for public access in real time.