Spectre.ai provides Digital Contracts trading

The information era and digitalization of the trading industry has opened the doors to speculative trading for the general public. During the year 2008 crisis, Binary Options emerged as it received an approval from Securities and Exchange Commission, although it existed even before that and trading it was cumbersome and restrictive. Binary Options gained much traction when it expanded to the FX market and it became a go-to trading method for newcomer retail traders due to its simplicity. Unfortunately due to Binary Options conflict of interest between the trader and the broker, many shady brokers saw that as an opportunity to abuse the system and their power to relieve many retail traders of their monetary belongings. Throughout the recent years, the scam-infested Binary Options industry has been plagued by bad reputation and echoes of scandals involving shady bucket-shop brokers and people who lost their life savings.

The industry needed a reboot to become fair again and provide a safe trading environment to all retail traders of any skill level. In the attempt to accomplish just that, Spectre.ai, along with its Digital Contracts, was born. Driven by the vision to revolutionize retail trading and make it easily accessible to everyone, Spectre.ai designed Digital Contracts as a new asset class to differentiate itself from the defunct Binary Options.

So what makes Digital Contracts different?
- With Digital Contracts, there is no binary „0 or 1“ (win a % of investment or lose it all) outcome of your trades at the expiry. Digital Contracts offer you a Capital Protection feature that will refund you a part of your trade investment size upon loss, so you never lose it all. This significantly helps you with Emotion Control and Money Management on the long run.
- Another significant difference is that your can exit the trade earlier than the originally set expiry for your trade, depending on the asset and the original expiry. This provides you more freedom towards managing your trades, boosts your efficiency and further contributes to the non-binary nature of Digital Contracts.

In addition to the above attributes of Digital Contracts, Spectre.ai also provides you an easy and efficient way to manage your trading related risk right in your account settings to help you mitigate the emotional stress of trying to follow these rules manually.

When trading Binary Options you are always limited to a selection of payment methods that allow you to transfer dollars ($), euros (€) or pounds (£) to your trading account balance and these funds will directly be used to settle the trades you are making. With Spectre.ai, you can choose whether to use a Regular cash ($) account to settle your trades in cash or a decentralized Ethereum Wallet account which means Spectre.ai allows you to trade directly out of your Ethereum wallet and cover for your trades in ETH, completely bypassing the need to make deposits and request withdrawals, to revitalize the industry with new ways of trading.

We are determined to refuel the retail trading industry with faith and fairness so join us to make trading great again!

The Spectre.ai Team