Sometimes getting rich in the cryptocurrency world is just a matter of choice. As long as you understand the underlying logic, you will have top-level cognition. With enough top-level cognition, each choice will tend to be correct. Getting rich in the cryptocurrency world is not a dream. It is about choice. You must have a higher level of cognition and understanding of the application and value of a certain coin.
Now let's analyze the investment value of CAKE, the platform currency issued by pancakeswap platform on BNB, and the investment value of BNB, the platform currency issued by Biance:
1: Binary options game on pancakeswap decentralized exchange
2: How to play the digital (binary options) option game:
The digital options on Pancakeswap are actually to predict whether the current B_N_B price will rise or fall. The gameplay is very simple:
The K-line chart on the exchange has a 5-minute K-line chart. You just need to predict whether the next K-line will be green (up) or red (down). All users on the platform will make predictions and purchase together. Based on your experience with the K-line trend, you can use B_N_B to purchase the direction of ups and downs.
How are odds calculated?
The odds of the rising pool = the total value of the two pools ÷ the value of the rising pool
The odds of the falling pool = the total value of the two pools ÷ the value of the falling pool
For example, if in a round price, there are 15 B_N_Bs buying down and 135 B_N_Bs buying up, and the total prize pool is 150 B_N_Bs, then the odds for the down pool are (150/15) = 10x, and the odds for the up pool are (150/135) = 1.11x.
Payout bonus = odds × purchase amount × (1 - handling fee)
In the above case, if the round result is down, if you buy 2 B_N_B in the down direction, you will win (2*10) × (1-0.03) = 19.4 B_N_B.
Pancakeswap platform fee is 3%
3: Is the blockchainization of digital (binary options) options worth investing in?
Let’s compare again whether the blockchainization of binary options meets the five elements of long-term investment (if you don’t know, go back and check):
First: The market is large enough and the ceiling is high enough:
Binary options were once legal products in the securities market and were popular all over the world. However, they were banned by most countries because of their short-term, frequent and fast advantages, which affected the stability of stock and futures trading. Binary options have a huge number of fans around the world, attracting many loyal supporters in stock trading, futures trading, online gambling and offline gambling. After being blockchained, binary options have become more transparent and fair, and their market capacity is unimaginable.
Second: in line with human nature:
Binary options are very human. Many K-line experts are very accurate in their understanding of trading and trends. However, they still cannot make money in the stock market because, although they can grasp the direction of the rise and fall, they cannot grasp the magnitude of the rise and fall. In binary options, you only need to look at the direction to make a profit. Moreover, looking at the direction is not the same as betting on a coin. The probability of betting on a coin is 50%. Even if you throw an odd number for 10 consecutive rounds, the probability of throwing an even number the next time is still 50%. The probability of looking at the direction of the K-line can sometimes reach more than 80%. Why? When the K-line rises for 7-10 consecutive times, the real cryptocurrency traders will panic and sell, and the probability of a fall is very high!
Third: It is applicable to a large number of people:
(Binary options) options are suitable for many people such as stock speculation, lottery, betting, etc., and the fan base is very large.
Fourth: Scarce resources:
Binary options are banned by most countries in the world. They are financial products prohibited by law and are scarce resources. After being blockchained, they are not subject to any institutional supervision, providing a better trading environment for many fans around the world.
Fifth: Sustainable profitability:
Binary options are highly addictive due to their short-term, frequent and fast trading model. Moreover, after binary options are blockchained, they will always exist as long as the Internet exists, with a very long life cycle and very strong sustainable profitability. Platforms like pancakeswap charge a 3% handling fee for each game regardless of which side you buy and win the prize. As the number of users continues to increase, the platform's profits will continue to increase!
The disadvantages of traditional online gambling sites are:
You must first recharge to the online d u platform, and there is a risk of the platform being blocked;
The platform can be used for sitting and arranging, and can be used for large and small things;
After you make a profit, the platform does not give you cash out for various reasons;
Even if you successfully withdraw money, all you receive is black money, your bank card is easily blocked, and it is easy to be identified as "helping to cheat".
The option game (binary options) on Pancakeswap does not have these disadvantages:
There is no need to recharge to the ping station in advance. Every time a user places a bet, it is directly transferred from their cold wallet to the he contract address, and every transaction will be recorded on the blockchain and cannot be changed;
(Binary options) The options platform is a pair of bids between the parties who buy and sell, and the result of the bid is completed by the blockchain oracle. The platform cannot interfere with any bid results and cannot manipulate them;
When you guess correctly, your earnings are sent directly to your cold wallet by the smart contract without platform confirmation;
