A revolutionary Sharia based crypto currency exchange - Biokript

INTRODUCTION

Biokript is the pioneer crypto currency exchange platform built on Sharia principles. It is a revolutionary project that gives its users total control over their crypto assets. Biokript is a trading landscape designed to empower its users for unprecedented success.

Unlike traditional interest models, Biokript will apply the Mudharaba profit-sharing system. This is a unique system where every user gains alongside others.

The crypto system has witnessed the manipulation of trading volume in recent times and this has posed a great challenge and a concern in the crypto industry. Biokript is designed to tackle this challenge squarely. The platform has some innovative solutions to this. The holders of $BKPT will be rewarded with trading revenues, this will make wash trading unsustainable effective and control volume manipulation

BIOKRIPT TECHNOLOGY

The biokript platform is highly secured and superior to today’s centralized exchanges. It has cutting-edge state technology and offers ultra-high-speed trade settlements, low fees, and sufficient liquidity at lowest prices. It gives Web3 solutions with near-instant off-chain transactions.

FEATURES OF BIOKRIPT

Some key considerations for biokript exchange platform might include:

Elimination of interest-based transactions: The platform would need to avoid charging or paying interest on deposits, loans, or leverage transactions.

Transparent and halal investment opportunities: The platform should provide investment options that comply with Islamic principles, avoiding industries such as alcohol, gambling, pork, or any other activities considered haram.

Ensuring fair and transparent transactions: The exchange should promote transparency and avoid speculative or uncertain transactions (gharar). Clear guidelines and information should be provided to users about the assets being traded.

Community oversight: An advisory board consisting of Islamic scholars or experts in Sharia law could be established to oversee the platform's operations and ensure compliance.

It's worth mentioning that some existing cryptocurrency exchanges might strive to align with Sharia principles, but it's essential for users interested in Sharia-compliant platforms to conduct thorough research and due diligence to assess their compliance with Islamic finance principles.

Unique trading platform

Biokript has the fastest, most secured and reliable trading platform that is suitable for both novice and professional traders

Low fees

Transactions in biokript are tight spreads with low commission rates.

Mission

Biokript is designed to promote the basic tenets of decentralization. It intends to empower new and experienced crypto investors to deal in the digital economy without relinquishing their wealth to central authority. It aims to emerge as the most trusted cryptocurrency exchange across the globe.

It is important to note that the field of Islamic finance and cryptocurrency is a new innovation with serious debate about its compatibility with sharia law among Islamic scholars. Therefore, investors should do proper research about any sharia-based cryptocurrency exchange they are considering and consult with their own religious advisors before investing.

BKPT

BKPT is the official token of the Biokript project. All services and transactions in the platform are based on the BKPT token. Holders of the token also enjoy significant benefits which include revenue sharing of profits, various discounts of Biokript fees, and much more!

SUMMARY

To meet these requirements, sharia-based exchanges typically offer trading in cryptocurrencies that have been approved by Islamic scholars as being compliant with sharia law. They also use different trading mechanisms that do not involve interest-based loans or speculative trading.

Biokript is a sharia-based cryptocurrency exchange just like other exchanges such as Rain Finances. It has a main purpose of providing solutions for the challenges of Muslim investors who desire to trade cryptocurrencies in a manner that aligns to their religious beliefs.

DISCLAIMER

This write up is not an advice or recommendation to invest in the Biokript project. It is meant to give an insight into the project and to explain the cryptocurrency exchange business and the Biokript Utility token(BKPT).

Users are advised to make proper financial and legal consultation before dealing with the project.

For more information visit:
https://bit.ly/44a5lcF
http://www.twitter.com/biokript
http://www.facebook.com/biokript
http://www.instagram.com/biokript
https://t.me/biokript
https://www.reddit.com/user/_Biokript
https://bitcointalk.org/index.php?topic=5419088

Writer Details:

Bitcointalk Username: Seasleep
Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2768222
Bsc Wallet Address: 0x933fA5642DaFC5C0574EFD4539aB9D93D7eB56Ef