Disclaimer: I know this broker has been briefly touched upon in other threads. The reason for this post is I don't feel the exposure it has achieved so far on boe matches it's value/potential.
Anyways. I'm by no means an expert in what i'm going to share next, but allow me to try lay a very brief foundation for understanding this new concept.
1. Spectre.ai operates in the blockchain currency Ethereum. This means your trading funds are traded from your ethereum wallet.
2. One of the products are binary options by time (5,10,15 mins etc.).
3. You're not trading against the broker. Here's how. Spectre.ai facilitates a "liquidity pool". A truckload of cash that you'll be trading against. So, say the traders are beating the market collectively, the pool shrinks, and vice versa. However, the pool is there as an anchor, to facilitate the trades, not to be a cash cow. For cash cow, see pt. 4.
4. The money for the platform and investors behind the liquidity, is generated through volume %'s. The platform's interest has therefore been shifted from client losses to trading volume.
There's a lot more that can be said, but my level of knowledge doesn't allow me to
Pls. add anything i've missed, or correct me if something's not quite right.