YesBit — a platform, where users can use their cryptocurrency to buy, invest and sell financial contracts, futures, foreign exchange and long or short indices.
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Description of the Ethereum platform YesBit
Developers are building a bridge between cryptocurrency and financial derivatives. A centralized platform needs a database to store all of their information, while Yesbit does not need a database because the contract is stored on every computer, 100% transparent and subject to settlement. Blockchain is a new innovative technology that is practically unregulated. The consultants for this project will work closely with all relevant regulatory authorities to ensure that the product meets the latest standards.
Since Yesbit is decentralized, you don't need to register any account to use the platform. The only requirement to use - to connect to MetaMask and use your MetaMask wallet address.
Why should you trust this project:
| 1 | At the moment, the project has fixed contracts in the amount of 0.05 ETH per contract. Developers can change the bid amount or make it dynamic, based on consumer demand. |
| 2 | If no one joins your contract, you will receive 0.05 ETH back after 4 hours. |
| 3 | The only fee for using the platform is the gas fee. |
The contract is valid for 6 hours. The time of joining the contract is the first four hours, the starting price will be determined one hour after both participants join the contract. The final price will be determined one hour after the end of the contract.
Additional information about dapp
The site has a section with answers to questions, but White Paper and RoadMap are missing. Also, to connect with the community, you can use social networks:
You can also leave your e-mail address on the site to receive a newsletter with project news. The smart contract doesn’t have an audit.