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. 7.0 HOW 1XBINARY CAN BE PROFITABLE

7.1 For traders (Bettors)

Traders can earn constantly by using the platform for its intended purpose if they correctly indicate a short- or medium-term trend in the price change of the selected basic asset (trading pair).

Unlike most centralized systems, the size of a trader's earnings in case of a correct forecast depends on the state of the general liquidity pool (rates of other traders) and can range from several percent to several tens of times. The size of the win is limited only by the volume of the general pool of rates and the ratio of the number of bets to each of the outcomes.

Also, one of the possible options for making profit for traders can be using the platform along with trade operations with the basic asset on one of the exchanges. In this case, the bets on the platform can hedge the risks of their trading operations on the exchanges.

An additional source of income for a trader, if desired, can become a referral program, which is usually up to 0.5% of the betting amount of the referred user. The decision on the referral bonus is made by the broker.

Previous7.0 HOW 1XBINARY CAN BE PROFITABLENext7.2 For brokers

Last updated 2 years ago