Spectre.AI is an industry leading blockchain based trading platform. It claims to be the future of digital options, forex and CFD trading, providing brokerless access to international markets. Powered by DALP, the platform executes smart options contracts that are fraud-free. Unlike traditional brokers, where trades are handled by an intermediary (one has to trust a broker). Spectre.AI logs trades to a blockchain where they are verified in a publicly distributed ledger network. This means 24/7 liquidity, no account managers, no sales people, and zero opportunity for fraud.
Key Facts :
Minimum deposit $10 (ETH)
Payout: up to 200%
Demo: yes
Decentralized Trading You Can Trust
DALP stands for Decentralized Autonomous Liquidity Pool and is the heart of the system, allowing for instantaneous execution of trades. This is how it works, the system first tries to match the new order against the order book, if there is no conflict the system then executes the order against the DALP. This system ensures that all trades are filled, all trades are executed on time and removes the uncertainty of broker reliability from the equation. At the time of this review DALP held over 7,600 ETH (Ethereum) for a net liquidity of over US$4.5 million.
To be clear, Spectre.AI is not a new stand-alone blockchain network. It is the ERC-20 protocol built on the Ethereum network. Ethereum is the most advanced blockchain network, allowing new blockchains and blockchain technology to be built on top of its infrastructure. Spectre.AI has no deposit, not to say that you are trading with “free” money. The way it works is simple, you can link an existing Ethereum wallet to the network and transact from there, or use a secure and private smart-contract on the Spectre.AI blockchain. This means that Spectre.AI never has access to your money and can never intercept your withdrawals.
With most brokers the settlement of trades takes place behind the scenes, if at all. Spectre.AI smart-contract trades are instantly settled and verified by the Ethereum blockchain network.
trading platform
The Spectre.AI system works on a fee system, has no commissions, and has higher spreads than what you’ll find with most other brokers. For example, the average spread for EUR/USD among forex brokers is 12 pips, with Spectre.AI less than 6 pips. This means better execution and higher win rates as there is less spread to overcome before profitability. The downside is that the payout on digital options (binaries) is a bit lower, around 75%, which is what you’ll find with most EU/CySEC brokers, but it doesn’t matter if you’re winning more often.
Spectre.AI Assets and Contracts
What can you trade on Spectre.AI? Everything. Spectre.AI offers binary return derivatives, traditional forex pairs, and CFDs on commodities, stocks, indices, bonds and cryptocurrencies. Most assets will not have leverage, but forex pairs will be capable of up to 40X leverage. The payout on some binary return derivatives will reach 200%.
Spectre.AI Withdrawal
Because Spectre.AI is an Ethereum powered blockchain you will need ETH to use it. This is a simple task to accomplish as ETH can be bought on any of the major cryptocurrency exchanges. If you are using a stand-alone wallet, withdrawals become super smooth and easy. Funds paid to the Spectre.i Wallet may take up to 24 hours (depending on ETH network volume) to reflect in your exchange wallet, earnings paid to the stand-alone wallet are paid to that address immediately, Immediately available for exchange or refund as soon as the contract is verified.