Cryptocurrency has taken the world by the storm. A few years ago, nobody was aware of it and now everybody is talking about it.
Even in the Coronavirus pandemic, which has affected our traditional stock market, the cryptocurrency market thrives.
There are multiple opportunities to make money in a crypto market. You can invest in the crypto market by purchasing cryptocurrencies like Bitcoin and Ethereum or starting your own exchange platform.
Cryptocurrency Exchange is a place where traders come together to buy or sell cryptocurrency. It also helps in listing new crypto tokens in the market.
Cryptocurrency exchanges are highly profitable.
New Startups like Binance make more money than Deutsche Bank.
Binance made more than $1 billion cumulative profit in 2019.
As it is a relatively new market, the opportunities are endless. You can make an investment now and reap the benefits a few years later.
With the rise of DeFi, there is nothing that can stop the cryptocurrency market from flourishing.
Many industries are already in favor of using Decentralized Finance (DeFi). By using the Decentralized Apps, anybody can get access to finance without any third party involvement or centralized system.
In 2009, 1st cryptocurrency, i.e., Bitcoin, was launched, and now cryptocurrency has become a $289 billion dollar industry.
If this is the growth rate in just 11 years, imagine what this industry can do in the next 3 or 4 decades.
Each day there is something new emerging in the cryptocurrency market.
One such latest evolution is Burstex. It is one of a kind crowd owned crypto exchange platform.
As we know, to start, our own exchange platform can be costly. But now, you don’t have to shell out millions of dollars to start your own exchange platform.
Instead, you can invest in this exchange by purchasing the shares. Any individual can be the owner of this exchange platform by merely purchasing any amount of shares.
What is Burstex?
It is the first crowd owned exchange platform in the history of cryptocurrency exchanges.
This platform is built on the Burst blockchain.
“Investing in Burstex is like having your own exchange platform.”
Here each investor will be a Shareholder. The profit will be distributed among the shareholders.
All the profit made by this exchange platform via trading fees, listing fees, and any other medium will be appropriately distributed among all the shareholders as per their shares.
Price of BEX:
BEX is the token that you can buy. 1 BEX Token = 1 Burst Coin.
1 Burst Coin = $0.0035
This is the initial price. As the years will pass, the price will increase gradually. As the market share and volume of trading will increase, the token price will increase as well.
In 3 or 4 years’ time, the price will increase considerably.
For example, in 2010, the price of 1 Bitcoin was $0.0008. And now, the current price of Bitcoin after ten years is $11,032.20.
So, it is safe to say that the price of a burst coin will definitely increase in the future.
Even a small investment can help you to gain all the rewards of an exchange owner.
How to Buy BEX Token?
You can buy the BEX token with Burst coin. If you already have a burst coin, you can directly obtain the token when the sale begins.
If you don’t have a Burst coin, you can go with alternative funding. To know about alternative funding options, you can contact them directly.
Reasons to Invest in Burstex:
Here are some reasons why you should invest in this exchange platform.
- No exchange development cost: You don’t have to incur costs to develop an exchange platform from scratch. This platform is already developed. You just need to buy the tokens.
- Be the owner: By purchasing a small number of shares, you will become the exchange owner. You don’t have to go through the hassle of starting your own platform.
- Profit: Even a small market share will help you earn a million-dollar profit in the long run. With the increase in the price of burst and an increase in trading volume, you can make a good profit.
These are some of the reasons to invest in this exchange platform. In the long run, the real winners are those who invest at the beginning of a project.
This is the latest cryptocurrency exchange trend. And looking at the current growth of exchanges, the future is bright for Burstex.