Bitcoin Paypers new challenge for Bitcoin
New platform is going to challenge the Cryptocurrency market.
PayperEx fintech company that is creating an alternative share market network.
“We are building a decentralize peer to peer trading network that transcends these limitations, and provide same trading opportunity to all traders all over the globe”.
The founders, after more than 15 years of experience in the financial sector, came up with an ambitious and ground-breaking goal to revolutionize the concept of a Shares Market by removing any existing barriers.
Paypers are share based units. To trade on the PayperEx network users must buy Paypers. Each financial instrument (e.g. Bitcoin, Ethereum, etc.) will have a limited quantity of Paypers issued.
There are two types of Paypers issued: “BULL” and “ ”BEAR”.
A BULL Payper is predicting that the price of the underlying asset will rise, whereas a BEAR Payper is predicting that the price of the underlying asset will fall.
Bitcoin Paypers are share based on the bitcoin, PayperEx network will issue the Paypers and they will be traded at the network.
ֲ”Bitcoin paypers are the replacement of the Bitcoin, of course in the sense of trading and not the sense of its uses”.
How does it work?
Let’s say that you believe that the Bitcoin is going to rise, so you decided to buy the “Bitcoin BULL Payper”
The “Bitcoin BULL Payper” price at the time of purchase is 100 PAX (equal to 0.002BTC).
According to the movements in the market, the price of the “Bitcoin BULL Paypers” rises to 150 PAX (equal to 0.003BTC).
If you sell your “Bitcoin BULL Payper” to another Payperex participate your profit will be 50 PAX (50%).
If you believe that Bitcoin is going to fall, you buy the “Bitcoin BEAR Payper” and profit if the price of the Payper goes up.
The main strength of the Paypers
- The initial price will be low same as the value of the Bitcoin 7 years ago.
- The ability to trade on upward and downward trends.
- Our unique Fee Share structure — a portion of the fee that we will charge on theֲ network will be paid back to the Paypers holders.