Kimex

KIMEX is a decentralized binary options platform based on Ethereum blockchain with KMX used as an in-trade currency and profit dividend token.

PROS:

• The platform enables the users to keep all their funds in  trusted accounts as required by the Government financial regulations hence preventing any losses due to attacks foom hackers or unauthorized personnel
• The platform securely stores all the information regarding the trade and no one can change the price data  as it being fetched by smart contract and stored on the blockchain
• The platform provides a peer to peer market as it enables the traders to bet against bankrollers with the KMX token holders make profits from the trading fees
• The platform guarantees payout as all the payments are issued by smart contracts which permits faster and efficient transactions  directly to the traders ETH address
• The platform is 100% transparent as it enables all the traders to view  the asset  prices on blockchain  which cannot be manipulated
• The platform has a properly integrated mobile application supported by Android and IOS which enables the traders to easily access their wallets via their Smartphone
• The platform has a good team on board  consisting of professionals who share a cumulative experience of over fifteen years  in the global fore and OTC markets  hence easily steering the  project implementation
• The platform has a properly established  whitepaper which is available in many different languages hence  promoting  an easy understanding  of the project by traders  across the globe

CONS:

• The value of the KMX token at the project’s initial stage is not determined to make traders know its suitability
• The platform token is not exchangeable with the other cryptocurrencies and fiat to enable the users to make easy transactions

SUGGESTIONS:

• The KMX token should be involved in the pre-sale stage to raise adequate funds for the project implementation
• The platform token should be made exchangeable with the other cryptocurrencies to enable users to make easy exchange and trade

NOTE:

The platform enables the traders to effectively understand the trading challenges and rewards through Binary Option. I would therefore invest in this project.