SPECTRE (speculative tokenized trading exchange) is a website that allows you to trade on the direction of currencies, commodities, stocks and other assets, for financial gain. Uniquely, it offers the ability for traders to earn 5-200% returns (average 73%) ROI on just 1 trade within minutes. Unlike traditional brokerages, it sits on top of the Ethereum blockchain meaning that it is truly broker-less and decentralised. Traders may choose the off-site trading account option and never deposit at SPECTRE to trade. SPECTRE's liquidity pool (i.e balance sheet) is owned by token holders who receive dividends based on the traded volume in SPECTRE and not by a centralised management.
We offer Smart Options, which unlike Binary Options, are not settled in cash (but Ethereum) and can be settled prior to expiry for profit or structured easily by the trader such that the downside is not zero but any figure they like. Furthermore, they use the blockchain and can be traded in a fully decentralised manner using the Wallet account, with no intervention by a 3rd party. As for our Zero Leverage Smart CFDs, they allow the trader to make gains or losses each time the price of an asset moves up or down incrementally. There are no expiries associated with this type of contract, only a daily fee of 1 pip on open positions. Neither contracts involve any margin or leverage and the trader is aware or sets how much they are willing to win or lose, prior to entering the trade. Both use the Ethereum blockchain for verification, unlike normal binary options or CFDs.
The Ethereum blockchain is a globally distributed ledger that uses thousands of decentralized servers around the world to audit and confirm transactions. These can be simple transfers of money or complex smart contract outcomes such as the processing of trades. It is free of human intervention and by far, the most secure way of confirming transactions today. Traders fund their Ethereum accounts (the crypto-currency in which trades are taken) either in an on-site trading account or offsite in any recognized Ethereum wallet. When a trader is trading from an off-site Ethereum wallet directly, they incur gas costs for every trade (which are a payment to the Ethereum blockchain to process each trade) and only their trading amount for the said trade sits on a smart contract until it is settled. At no time do any funds (either those in the user's own wallet or those committed to a trade) ever fall in the hands of a 3rd party, resulting in truly decentralised trading. If they decide, however, to trade from their onsite escrow, they park capital in a secure smart contract, thus dramatically reducing any gas related fees, but can only withdraw gains every 24 hours.
All major currencies, certain crypto currencies, stocks and commodities. A full link to the asset availability schedule is available here.
Yes, however you can convert your Ether back to fiat currencies such as GBP, USD, EUR, JPY, CHF using any major exchange such as Uphold, Coinbase or Kraken. Ethereum has close to a $1bn daily traded volume and therefore offers ample liquidity, globally.
$10.00 or Ethereum equivalent. We strongly advise starting off with small amounts as financial trading is risky, despite being rewarding.
SPECTRE is governed by smart contracts and all transactions including payments in and withdrawals out by traders are governed by the Ethereum blockchain. For traders trading using the onsite trading account option, withdrawals may take up to 24hrs based on the activity and balance of each user. Withdrawals are returned minus the current gas fee which is determined by the Ethereum blockchain and is paid to said blockchain, not SPECTRE. For traders trading using their offsite cryptocurrency wallets, they receive their gains instantly (minus gas) into their account on a trade by trade basis so their funds are always with them.
If you choose to trade using the onsite trading account, funds that are allocated for trading by you, the trader, are placed in a smart contract where they remain secure. This cryptographically protected Ethereum wallet can only be accessed by traders and all trade transactions into and from it are processed/governed by the Ethereum blockchain every 24 hours. Withdrawals are instant minus gas fees.
Spectre.ai is currently licensed with COSTA MEDIA INTERACTIVE SRL in Costa Rica and has other jurisdictional licenses under application for widest territorial coverage. It is currently not available in the following jurisdictions: USA, Costa Rica, BVI, Caymans, Iran, Venezuela, United Kingdom, Syria, Somalia, North Korea and Yemen.
SPECTRE's liquidity pool is in ETH as is your private escrow wallet. Therefore there is no currency volatility risk on that front. However, if you convert your ETH back to fiat currencies like USD, you will be subject to ETH/USD movements.
SPECTRE offers educational trade indicators that find potentially profitable chart setups. However these are not considered investment advice, they merely locate possible opportunities.
A modern computer and internet browser with a high speed internet connection.
Yes, SPECTRE initially will offer trading on currencies and eventually will expand to the entire gamut of asset classes. For the schedule of asset availability please see here.
SPECTRE's API will be open to the public in 2018.
Yes and the best browsers to use SPECTRE with are Firefox and Chrome. A mobile App will be available in 2018.
The Spectre.ai trading platform is available currently only in English. Additional languages will become available soon and you will be able to select them inside your Account Settings.
Yes, contact [email protected] with your query and a member of the support team will assist you.
5-200% ROI on Smart Options and variable spread on our Zero Leverage, Smart CFDs. You can see our detailed payout and spread comparison table here, relative to competition.
SPECTRE will offer this capability in 2019.
SPECTRE is unique in that its liquidity pool is decentralised so the house itself is decentralised and owned by token investors. You either are matched directly against other traders (P2P) or are matched against the liquidity pool instantly.
Yes, this can be accessed here.
You can use the 'Forgot Password' function on the SPECTRE platform sign-in page.
Contact [email protected] and a member of the support team will assist you.
No, However you may pay higher gas per trade when trading from an offsite cryptocurrency wallet and when withdrawing funds from your onsite escrow. This is paid to the Ethereum blockchain, not SPECTRE.
$1,000 in 2018, $3000 in 2019 and $10,000 in 2020 onward for Smart Options. For Smart CFDs, the $/pip is $2 in 2018, $5 in 2019 and $10 in 2020 onward.
You need to use Ethereum to transact on SPECTRE. You can convert fiat easily on any exchange such as Uphold, Coinbase or Kraken.
Every operation/transaction in the Ethereum blockchain requires a certain fee in order to be performed. This cost for the work to be performed in the blockchain is called gas. The person initiating an operation/transaction is also the one that has to pay for this operation/transaction.
Contact us here for more information on how to get started, whether as a trader or affiliate. Please allow 24 hours for responses.