Bitfair (XBF)

Bitfair is an OTC derivative exchange allowing crypto traders to trade up to 1000X leverage and profit during up or down price movement of their favorite cryptocurrency.

Whitepaper

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What is Bitfair

Traders on the Bitfair platform will be able to place orders for a wide range of tokens in various SOC trading contracts. All trades are recorded into a Smart Option Contract (SOC). All SOC trades will automatically be executed if the floor or ceiling price is reached anytime during the trade contract or upon the expiration of the SOC.  When predetermined conditions are met, Bitfair will trigger and execute the trade. Funds will then be distributed to the profitable trader on the Bitfair platform. Bitfair SOC results and details are recorded and thereafter accessible through a public blockchain explorer.