Binary Options Candlestick Charts - How to Read

Ethereum Dapp Introduces Binary Options Platform With A New Twist

Hello everyone ! We would like to spread the word about STIXEX dapp, which allows users to earn Ether by speculating on the color of the next candlestick in ETH/USD price chart. You are presented with a simple binary choice of RED or GREEN candle.

How does it work

You can only trade in Ether.
Entry or exit price is irrelevant , all that matters is the color of the next candlestick in ETH/USD chart.
Winning trades receive fixed 80% profit on top of your initial bet (paid in Ether). Even if your candle moves just a fraction of a cent, you would still be paid fixed 80% payout.
To encourage people to trade on STIXEX, it offers cashback and loss-cap programs, you have to choose which one you would like to take advantage of. If you pick cashback option, than every 10 trades you will receive 5% cashback on total bet amount. With 5% cashback, actual payout on winning trades becomes 90% instead of 80%. If you choose loss-cap option, than after 10 trades, if you are down by more then 40%, STIXEX will pay you back the difference. In other words, your total losses can never be more than 40% of your total bet amount, yet your max payout still remains at 80%. To participate in rewards program you must join STIXEX telegram group and ask admin for details.
Platform uses Bitfinex to provide price data, which means that STIXEX does not have any influence on trade results. To make sure that STIXEX data is accurate, traders can always compare it with Bitfinex by visiting its website.
STIXEX does not require you to register or make a minimum deposit, all trades are done between smart contract and trader's Metamask wallet.
Since platform is still new, the max amount you can bet is 0.1ETH using the same ethereum address. And the only candle you can trade is 30-minute candle.
You can withdraw your winnings 30-60 minutes after trade is complete (between 7am - 5pm UTC). If you place your trade after business hours, your winnings will be available the next morning.
As you can see, STIXEX is similar to binary options trading, but without its negative aspects such as:
  1. Lengthy registration process.
  2. minimum deposits
  3. difficult withdrawal process requiring extensive paperwork (assuming you can withdraw at all due to scams)
  4. Exit/Entry price manipulation, etc.
Please let us know what you think in the comments bellow. Thanks !
submitted by Stixex_io to ethtrader [link] [comments]

STIXEX dapp allows to place trades on the color of the next candlestick in the price chart

Hello everyone ! Today we would like to introduce STIXEX dapp, which allows its users to earn Ether by speculating on the color of the next candlestick in ETH/USD price chart.

How does it work

You can only trade in Ether.
Traders are presented with a simple binary choice of red or green candle. Entry or exit price is irrelevant , all that matters is the color of the next candlestick in ETH/USD chart.
Winning trades receive fixed 80% profit on top of your initial bet (paid in Ether). Even if your candle moves just a fraction of a cent, you would still be paid fixed 80% payout.
To encourage people to trade on STIXEX, it offers cashback and loss cap programs. Every 10 trades, all traders will receive 5% cashback on total bet amount. Also, if, after 10 trades you are down by more then 40%, STIXEX will pay you back the difference. In other words, your total losses can never be more than 40% of your total bet amount, yet your max payout still remains at 80%. To participate in rewards program you must join STIXEX telegram group and ask admin for details.
Platform uses Bitfinex to provide price data, which means that STIXEX does not have any influence on trade results. To make sure that STIXEX data is accurate, traders can always compare it with Bitfinex by visiting its website.
Traders do not need to register or deposit any Ether, all trades are done between smart contract and trader's Metamask wallet.
Since platform is still new, the max amount you can bet is 0.1ETH using the same ethereum address. And the only candle you can trade is 30-minute candle.
You can withdraw your winnings 30-60 minutes after trade is complete (between 7am - 5pm UTC). If you place your trade after business hours, your winnings will be available the next morning.

As you can see, STIXEX is similar to binary options trading, but without its negative aspects such as:
  1. Lengthy registration process.
  2. minimum deposits
  3. difficult withdrawal process requiring extensive paperwork (assuming you can withdraw at all due to scams)
  4. Exit/Entry price manipulation, etc.

Please let us know what you think in the comments bellow. Thanks !



submitted by Stixex_io to ethdapps [link] [comments]

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BEST Candlestick Patterns/Price Action For Binary Options

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