BIOKRIPT-: A CRYPTO TRADING PLATFORM WITH THE BEST SHARIA SYSTEM
A new cryptocurrency exchange called Biokript was created using the Binance Smart Chain (BSC). The platform is intended to be Shariah-compliant, which means that it complies with Islamic financial legislation. As a result, Biokript is the first and only cryptocurrency exchange in the world to comply with Shariah
The three things that are forbidden in Islamic finance are interest (riba), speculation (gharar), and uncertainty (maysir). Fairness, openness, and risk sharing in financial transactions are stressed by these ideas. Due to this, people who value adherence to these standards in their investments may be drawn to Biokript's platform as a result of its adoption of Islamic ideas.
The cryptocurrency market has a number of issues, such as inefficiency, market manipulation, hacks, poor customer support, a lack of instructional materials, and fiat money options. Decentralized exchanges also have their own set of challenges, such as a lack of formal KYC and AML regulations that make them subject to frauds and criminal actors. Centralized exchanges are frequently prone to these issues.
However, Biokript alternatives attempts to address these issues by offering a cryptocurrency exchange that complies with Shariah and provides a number of alternatives. Market manipulation will be eliminated by Biokript's token since holders would get trading revenues, making wash trading unprofitable. The blockchain will be used for all of Biokript's transactions, making them transparent and available for audit.
The Biokript Platform's advantages
The Biokript exchange has the following benefits over other decentralised exchanges (DEXs):
Shariah compliance: Biokript is the first and only cryptocurrency exchange in the world that complies with Islamic law. This makes it a desirable choice for investors who place a high value on adherence to Islamic financial rules. Biokript distinguishes itself from other DEXs that might not provide Shariah-compliance with this special functionality.
The stability and security of a centralised exchange are combined with the discretion and control of self-custody in Biokript's hybrid approach to trading. Users who appreciate the security of a centralised exchange but also wish to retain ownership over their own cryptocurrency may find this distinctive feature to be appealing.
Biokript has low trading fees, which can make it a more alluring choice for customers looking to cut costs. As opposed to certain other DEXs, which could impose large fees as a result of the decentralization-related expenses.
BIOKRIPT'S REVENUES
The Biokript Exchange will make money via a number of charges. Even though the end user will benefit from the relatively tiny fees, they will still generate a sizable amount of income, which is essential for a profitable business.
Trading fees
Both Makers and Takers will be assessed a 0.20% fee by the Biokript exchange. Users that possess our Biokript tokens will be given a discount right away.
PURCHASES USING A CREDIT OR DEBIT CARD
For purchases made with a credit card or debit card, we will also add a modest fee.
Listing Fee
We chose the coins that appear on our platform with great care, and we charge projects a fee to list their token on our exchange. A thorough evaluation of the project is conducted before listing to ensure compliance
Voting costs
We will charge a vote price in addition to listing a token fee in order to engage our community with our platform. Involving our community in the listing process on our platform is done in a very well-liked and interesting approach in this way.
Biokript Holder Benefits
To disperse revenues to each token holder, we will employ the BInance smart chain contract. We will execute a market buy order of Biokript tokens once each month from the exchange wallet where we keep all of the trading proceeds. This will encourage price rise and boost investor confidence in the Biokript token.
The corporate wallet will receive 40% of the Biokript tokens, which will be utilized for marketing, salaries, and other costs. 10% will be set aside for token burn, 5% will be used for Takaful insurance, and 5% will be utilized for reserves. All token holders will receive a proportionate share of the remaining 40%.
Features of the Biokript Platform
Margin trading is a service provided by Biokript that enables investors to borrow money in order to boost their leverage. Margin trading has the potential to be a high-risk technique with larger potential rewards.
Staking:
Biokript provides staking, which enables holders of $BKPT tokens to receive incentives. Staking can help to raise the value of the $BKPT token and is a means to generate passive income from cryptocurrency investments.
Strong Community:
Biokript has a sizable fan base, which is advantageous for investors. A robust community may offer assistance, exchange knowledge and insights, and aid in the promotion of the platform and coin.
Biokript Pertnership
Crypto Eagles, known for their dedication to blockchain technology and investment solutions, brings a wealth of experience to the table. Their primary mission is to empower individuals to navigate the complex world of cryptocurrencies, providing them with secure investment options and expert guidance.
Biokript, on the other hand, is at the forefront of the biotechnology industry. They specialize in utilizing blockchain technology to revolutionize the biotech sector, propelling it towards sustainable growth. Biokript aims to combine profitability with social impact, recognizing the potential for advancements in biotechnology to bring about positive change in the world.
Together, Crypto Eagles and #Biokript are poised to launch the $BKPT token #presale. This project represents a unique opportunity for investors to tap into the potential of blockchain technology and biotech investments, paving the way for groundbreaking innovations and breakthroughs.
Token Detail
Total Supply : 500,000,000
Token Name : BKPT
Network : BSC
Smart contract address:
0x6448Be0ca45a7581D9c4C9DD665e14ec60B25113
Token sale: 35%
Treasury, airdrops, community: 30%
Founders and team: 15%
Listing and liquidity: 15%
Advisors/Ambassadors 5%
TOKEN SALE SCHEDULE
October 31, 2022: Private Sales -- Round A:
2% -- 10M tokens at $0.005/ 10% at TGE[1] then 10% quarterly
June 27th 2023: IDO – Initial DEX offering
15% -- 75M tokens, 100% unlocked
August 5th, 2023: IEO - Initial CEX offering
18% -- 90M tokens, 100% unlocked
Conclusion
The Biokript platform is defined as an economic activity that has a legal basis in Islamic sharia. Using a sharia business system, Biokript is developed according to the rules stated in the Al Quran and Hadith. Of course the method he uses is in accordance with the Shari'a and is in accordance with the hadith. These principles distinguish Biokript from other trading platforms.
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Writer’s Information
Name: oladejo David
Bitcointalk Usernname: @sirtobee001
Telegram Usernname: @olaleyee
Bitcointalk Profile Link-https://bitcointalk.org/index.php?action=profile;u=2363382;sa=summary
BSC Wallet Address: 0x13B8aDa0a8b0e366B26Ff581e3BE9B5635DdB198