/biz/ - Business & Finance

Pyrmex.com is the first crypto futures market ever. Why is this a good idea? Well how does leverage over 50x sound? That's right, you can 50x your bet if you are smart.

>okay im listening
Pyrmex is the futures market for what is called ethphoenix. Its found here:
>Ethphoenix.io.
Users placing bets within pyrmex.com and bet on the future eth in contract of ethphoenix.
Here's how it goes down. Once the betting closes at a set time, the pot is still "hot" for one hour until settlement occurs. In this time, people are ENCOURAGED to buy and sell ethphoenix to manipulate the market in their favor to win their bet. Last night pyrmex was updated so that lower volume mico-dolphins would be able to manipulate that market easier.

>Why is this good for ethphoenix.io token holders?
Holders of EPX will receive 10% dividends off of every transaction made on the ethphoneix smart contract; yes both buy and sell. So as people frantically buy and sell to make their bet work, holds passively take 10% of their entry and exit value. These are dividends.
Right now, with about 40 coins, I make 1.5 dollars off ever ether thats comes in and out. Last night I made money sleeping.So not only am i offering you on the the best forms of passive income out there right now, im also telling you you can now bet on it's outcome.

>If you think im full of shit
then just short the futures mate. No need to get pissed. The contracts are not linked, so money being bet is not sent in ethphoenix directly. Though many previous winners have reinvested immediately.

Look at all the bets coming in already. Get ready lads.
>pic related