Digital currencies is transforming the financial market and business relationships with it's relevance and features such as decentralization, transparency, no intermediaries, fast development etc.
Now digital currencies has become viral across mainstream and people can own digital currencies as personal assets to partake in crypto trend. To own cryptocurrencies, people first need to buy from cryptocurrencies exchanges. What is cryptocurrency exchange?! Cryptocurrency exchanges are online websites that facilitates easier connection with digital currency market for buying and selling of cryptocurrencies in exchange for fiat money or other assets.
Infact, popular use of cryptocurrencies as an investment tool and payment gateway also leads to increase popularity of cryptocurrencies exchanges in the financial market. Despite the relevance of crypto trading platform, most of these exchanges are faced with problems of insecurities, fraud, poorly designed infrastructure and many more.
All these issue affect the trend of cryptocurrency market and crypto enthusiasts. Rather than finding solutions to these flaws, several cryptocurrency exchanges or developers only care about getting more profits .
Nevertheless, Biokript aims to be a trading platform that focus on giving flexible, secure, sustainable and reformed financial services to their users. This empowers users to make profits in either bullish and bearish trend of the cryptocurrency market.
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More Information About BIOKRIPT
As the first Shariah-compliant cryptocurrency trading platform in the world, Biokript, intends to transform and expand the cryptocurrency market. This blockchain-based trading platform promises to make consumers the owners of their crypto assets and prevent catastrophic situation similar to FTX, which cost customers billions of dollars in losses.
Biokript is returning to the core of crypto revolution, where users actually own control of their assets, by fusing the best aspects of centralization and decentralization. Additionally, Biokript will follow Islamic mudarabah profit sharing, where all profits are split proportionally to the amount of tokens possessed, in accordance with Shariah norms.
The team of Biokript, described how the concept functions, saying that it "is the perfect solution for many centralized inefficiencies." Several centralized exchanges frequently employ manipulation strategies, such as wash trading, which entails trading their own currencies internally to boost trade volume. The profit-sharing mechanism is what Biokript uses, thus a wash trading approach would not be viable. The platform do not incorporate features that can create interest because Islamic law forbids any enterprise that is motivated by profit.
Biokript is ushering in a crypto revolution where people have total control over their money by incorporating the self-custody paradigm of a decentralized system with the benefits of a centralized exchange. For investors who want to trade cryptocurrencies without giving up control of their assets to the exchange, Biokript is the best choice.
According to Tokenomics, the 500 million token supply of Biokript (Native Token of Biokript) will be built on Binance smart chain. By burning 10% of the proceeds from trading fees, Biokript will create scarcity. The platform will start with a 3% burn of its whole token supply to impose scarcity for every 100% increase in the value of Bkrp.
Biokript delivers Halal Crypto, offers trading discounts and shares 50% of its revenue with its users. By combining artificial intelligence and machine learning, Biokript aim to offer comprehensive risk mitigation solutions. Utilizing these technologies enables the financial market to be opened up to an infinite number of possibilities.
In conclusion, Biokript seeks to provide a successful, effective, and Shariah-compliant hybrid cryptocurrency exchange that is totally decentralized as a next-generation cryptocurrency exchange platform. Moreover, Biokript team has over ten years of experience, and their goal is to give cryptocurrency investors fresh options to engage in the emerging digital economy without handing over funds to centralized institutions.
Thanks for reading, please endeavor to research using the Official links below ;
Website: https://bit.ly/biokript
Telegram: https://t.me/biokript
Twitter: http://www.twitter.com/biokript
Facebook: http://www.facebook.com/biokript
Instagram: http://www.instagram.com/biokript
Reddit: https://www.reddit.com/user/_Biokript
Whitepaper: https://www.biokript.com/whitepaper
Author Details ;
BTT Username : Johnson Knight
BTT Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary
Wallet Address : 0x6830258326195b820D60f100354dadDe57c0bBA
Text Uniqueness : https://1text.com/plagiarismchecker/63a58264a127d
I like the idea of profit sharing and less risky trading. From your post it looks like biokript do have these features
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Yes mate, Biokript have the necessary features any crypto trader needs and more.
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