Frequently Asked Questions

What is a Binary Option?

A binary option is a bet between two sides on a single outcome. If the outcome occurs, one side makes the other side’s money.

How does this site work?

When you either agree or disagree with the statement, you purchase a share. For every share purchased, the price goes up by .0000001 ETH. Every share purchase pays 10% back to current share holders on both side of the trade, the incentive bonus. You can withdraw or reinvest your incentive bonus at any time. The sooner you make up your mind the more you make via your incentive bonus even if you’re wrong!

When does the contract expire?

The contract always expires on the date listed in the title. When this happens, the truth is set by the admin, and users can settle their balance. When they settle, all incentive bonuses as well as the losing side’s contribution is distributed. If you are on the wrong side of the contract, you can still settle and receive your incentive bonus.

What is Maker’s Bonus?

If you hold more than a certain amount of shares, you have the ability to receive a Maker Link. That means that if a user connects to the site through the link you have provided and participates, you receive 30% of the incentive bonus that would have been distributed to all particpants. This does not affect the size of the incoming transaction, only how the incentive bonuses are distributed. The minimum for a maker link goes up over time.