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GoBet.io Review

Updated: March 15, 2019

6.1
Trustworthiness
40%
Bonus
20%
Payout Speed
60%
Games
40%
Customer Support
20%
Licenses
20%

GoBet.io Review, Games & Ratings

GoBet.io offers a new way to earn from binary options trading, which is not much different from betting in online casinos. You’ll have to make an educated guess, albeit mixed with a bit of luck, whether the asset price will be higher or lower than the strike price after a set period. Sounds like when playing dice, poker, or most other card games.

But what makes this trading platform from Betex stand out are these three points:

  • It offers peer-to-peer trading.
  • It is based on blockchain.
  • It uses Ethereum smart contracts.

GoBet.io is one of the two MVPs released by Betex to showcase the concept and functions of the trading platforms. And it’s not an online casino but a binary options trading platform.

Bonuses and Promotions

While some binary options traders get to enjoy sign-up bonuses, none are available on this site. There are even no demo credits or faucets here. This is why you should already have some ETH in your wallet if you want to try betting on the future of selected crypto pairs.

Casino Details


Additional Information

Mobile-Ready No
Cryptocurrency ETH
Minimum Deposit 0.02 ETH
Minimum Withdrawal N/A
Restrictions
Languages English

Support

Live Chat No
Email Support N/A
Social Media

License/s

No license set.


Games & Software

GoBet.io has a straightforward betting platform. You can choose to bet on  any of the available assets: BTC/USD, ETH/USD, ETH/BTC, LTC/USD, and LTC/BTC. But at the time of writing, only the BTC/USD and ETH/USD pairs are accessible.

Having five tradable assets, of which only two seem to be working, should be enough for a start. But it would be better to see more assets. You can bet on the future price of these assets based on the six time periods: 10min, 30min, 1h, 2h, 4h, 1d. While these time periods look enough for the platform, adding the 1min or 60sec time period will make the betting more exciting and fun.

Focusing on the user experience, the Betex platform is simple and user-friendly. Seeing actual bets, however, will make GoBet.io a legit betting or trading site.

Banking Methods

Be sure to have some ETH and a wallet ready if you want to bet on GoBet.io. You also need to have MetaMask installed on your browser as this software is a requirement. In fact, logging in through MetaMask is the primary way to begin placing bets on this platform.

Deposit Methods

There’s no need to deposit funds to a player account. What you should do is to ensure that you have enough ETH as your bankroll. Simply input your desired bet amount to initiate a Call or a Put action. Just remember that the minimum bet amount is 0.02 ETH.

Withdrawals Methods

All ETH you get from successful trades will go straight to your Ethereum wallet. Technically, the only withdrawal you’ll have to make is if you want to convert your ETH to fiat money or other cryptocurrencies.

Should You Play in this Casino?

GoBet.io is not for everyone, especially if what interests and entertains you most are the casino games. You won’t find slots, poker games, or any card games on board. But if you’re willing to try betting on assets on a blockchain-based, peer-to-peer trading platform, then do it. However, you may want to take the lack of action on the platform as a sign to skip GoBet.io at least for now.

PROS

  • Peer-to-peer betting
  • Blockchain-based platform
  • User-friendly interface
  • Uses Ethereum smart contracts
  • Binary options trading

CONS

  • Accepts ETH only
  • Only 2 assets accessible
  • Low to zero actions
  • No support email and live chat
  • No promotions

Ready to play here?

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