Open Beta  


  Home
  Earn
  Market
  Trade
  Companies
  Politics
Press
Top articles
Game fund
Assets
Browse assets
Financial markets
Ranks
Players ranks

Publishing articles is one of the easiest ways to make money in CoinRepublik. Everytime a player reads one of your articles you will receive $0.01 for international articles and 0.01 for local articles. Also every vote will bring you 0.05 . Not only articles writers are rewarded but also commenters that will receive $0.01 per comment vote (international articles) and 0.01 per vote (local articles). All you have to do is write original content that pass the moderators minimum quality rules. Only articles related to CoinRepublik ecosystem are eligible. All payments are made by Game Fund or State Budgets   ...more


  


 
 
Financial bets
Posted by 3 months ago


Starting today, you can place or get into financial bets. We know ...you need more details.

Financial bets are bets on the future evolution of the price of an external asset such as cryptocurrencies, the FOREX market, etc. Any player can place financial bets and anyone can enter them with minimal amounts. The data stream on which the bets operate is provided by CoinRepublik and the betting process is managed automatically by the system so the risks of fraud are zero. There are 8 types of price evolution that can be speculated. For more details on financial betting, go to the Betting section.

Bets can be placed by any player and involve a certain collateral from which the eventual winners are paid, just as in the case of options. Betting is completely automatic and managed by the system. Launching a financial bet is free but profits are taxed, whether it is the one who initiated a bet or those who participated in a bet. As with options, the best way to understand how a financial bet works is to set a step-by-step example.

1. Let's say you have $ 10 and you think that the BTC price, which trades today at $ 10,000, will not increase over $ 11,000 in the next 10 days, so you place a bet that promises that if the BTC price reaches $ 10,000 in the next 10 days , investors will earn a profit of 25% of the amount invested.

2. A player believes that the BTC price will increase so invest $ 5 in your bet.

3. If the BTC price reaches $ 11,000, the bet is automatically closed by the system and the player will receive back $ 6.25 from which he will pay a 10% fee on the $ 1.25 profit. You will receive back the rest of the guarantee, ie $ 8.75. Of course, if more players entered the bet or the amounts invested were higher, your loss could be 100%.

4. If the BTC price does not reach $ 11,000 in 10 days, the bet is also closed automatically, and the buyer will lose the $ 5 investment. You will receive back $ 15 of which $ 9.5 is the $ 5 profit tax.

There are 6 types of bets that can be placed, depending on what evolution you think will have the price. Once a bet is placed, the initiator has no control over it. During the bet, no parameter can be changed and the payout of the winners is made by the system. Also the decision to close a bet is also made by the system.

Of course, the best way to learn about financial bets is to start or invest in your first bet. You only need $0.01 to start so why not today ?
 

 

 
$0.00
SONGOKU29   ~28 days ago

thanks for information

 0


 
$0.00
Cavid066   ~11 days ago

Ela

 0


 

Overview
Press
Game Fund
The Token
Financial Markets
Ranks
Earn
Workplaces
Faucets
Bounties
Loans
PTC
Market
Cigars
Drinks
Food
Wine
Clothes
Jewelry
Cars
Houses
Coupons
Tickets
 
Trade
Margin markets
Options
Financial bets
Companies
Browse companies
Open company
My Companies
Politics
Overview
Laws
Budget
Parties
Congress
Countries
Army
Legal
Terms
Privacy policy
Refund policy
Contact
 
 
Transactions in derivatives based on foreign exchange rates or the prices of precious metals, commodities or equity indices products carry a high degree of risk. Any transaction involving these products is exposed to, among other things, changes in a country's economic condition or political climate as well as acts of nature or terrorism - each of which may substantially affect the price or availability of the these derivatives. Speculative trading in derivate products is a challenging prospect with a high level of risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to trading these products. Most importantly, do not invest money that you are not in a position to lose. In addition, trading on a margin basis means that any market movement will have a magnified effect on your deposited funds. This can work against you as well as for you. The possibility exists that you could sustain a total loss of all the funds you have deposited. PipsTycoon's trading system is designed to automatically liquidate all open positions if your margin deposit is in jeopardy so that you cannot lose more than the funds you have on deposit in your account. We encourage you to employ such risk-reducing strategies as 'stop-loss' or 'stop-limit' orders, but you should be aware that market conditions may make it impossible to close out your order at the level specified. There are also risks associated with using an Internet-based trade execution software application including, but not limited to, the failure of hardware and software. ANNO1777 Labs maintains ‘back up’ systems and contingency plans to minimise the possibility of system failure. Before deciding to trade, you should become aware of all the risks associated with leveraged productstrading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to your trading operations any direct, indirect, special, consequential or incidental damages whatsoever.
Copyright 2019 ANNO1777 Labs. All rights reserved.