Welcome to Coin Fortune Teller – Your Crypto Crystal Ball
Instructions
How to Use CFT in 4 Simple Steps:
Connect wallet
1. Connect your wallet
Connect your wallet using any of our 500+ wallet providers, like Metamask or Trust Wallet.
Choose Coin
2. Choose Your Coin
Select from popular cryptocurrencies like BTC, ETH, or BNB.
Pick Timeframe
3. Pick Your Timeframe
Decide on the duration of your prediction: 1 minute, 3 minutes or 5 minutes.
Make Prediction
4. Make Your Prediction
Predict whether the price will go UP or DOWN within the selected timeframe and place your stake.
What is CFT?
Coin Fortune Teller (CFT) is a Web3 crypto binary options trading platform. CFT allows you to bet on the price movements of popular cryptocurrencies, offering largest variety of coins to trade on, multiple timeframes to choose from, and a transparent, low-cost trading experience. Powered by Arbitrum One and backed by Binance, CFT is a secure, efficient way to turn your predictions into winnings.
What is Crypto Binary Options Trading?
Crypto binary options trading is a simple, streamlined way to speculate on the dynamic price movements of digital currencies. All you need to do is choose if the price of a cryptocurrency will go up or down within a specific timeframe. If your prediction is correct, you win a payout based on your bet amount and the odds. If you’re wrong, your bet goes to the winners. This all-or-nothing approach means you can dive into the fast-paced crypto markets with complete clarity and control, capitalizing on short-term volatility 24/7. Whether you’re just starting out or are a seasoned trader, crypto binary options empower you to make strategic decisions with confidence, all while enjoying the thrill of rapid market action.
How Does CFT Work?
CFT is designed to be intuitive and user-friendly, so you can start trading in just a few clicks. Start by choosing a coin, selecting timeframe and placing your bet, by deciding if the price of the coin will go up or down. After that you can follow the real-time price movements and see if your prediction is correct. If you win, your bet amount is multiplied by the payout, and your winnings are automatically transferred to your account within seconds.
Payout example: If you bet 100 USDC on a prediction and win with a payout of x1.5, you’ll receive 100 USDC * 1.5 = 150 USDC, minus any 1% commission and applicable network transaction fees.
How to connect wallet?
To connect your wallet, click on the “Connect Wallet” button in the top right corner of the screen. Choose your preferred wallet provider from the list of supported options, such as MetaMask or Trust Wallet. Follow the prompts to connect your wallet and start trading. CFT supports over 500 wallet providers, so you can easily connect your preferred wallet and start trading in seconds.
What is the source of price data?
To ensure fairness and transparency, CFT relies on Binance, one of the largest and most trusted cryptocurrency exchanges in the world, as the source for all price data. When you place a trade, the platform locks in the current market price. At the end of your selected timeframe, Binance’s data determines whether your prediction was correct.
What happens if there is a tie?
In the extremely rare event of a tie, the whole price pool is used to fuel the system and the bets are not refunded to the user.
Can I change or remove my position?
Once you place a bet, you cannot change or remove it. Make sure to review your prediction before confirming your trade. If you want, you can place a new bet with the same or different prediction.
Why CFT?
CFT is the best place to trade crypto binary options for several reasons:
- Largest variety of coins to trade on
- Multiple time frames to choose from
- Transparent, low-cost trading experience
- Secure, efficient way to turn your predictions into winnings
- Powered by Arbitrum One and backed by Binance
- Intuitive and user-friendly platform
- Instant payouts
- 24/7 trading