A Shariah-Compliant Model for Sustainable Crypto Trading
By fusing the ethical tenets of Islamic finance with the creative prowess of DeFi, BIOKRIPT has established itself as the forerunner of a new age in cryptocurrency trading. By adopting Shariah-compliant procedures, the platform takes a novel approach that paves the path for greater financial inclusion and ethical involvement in the cryptocurrency space.
The success of BIOKRIPT is proof that conventional values and cutting-edge financial technology can coexist and prosper together. By paving the way for Shariah-compliant crypto ecosystems, BIOKRIPT is paving the way for the continuous growth and evolution of moral, inclusive, and just decentralized finance practices.
Shariah-Compliant Business Models for Crypto Trading to Address the Issues
The emergence of cryptocurrencies has altered the world of finance, and with it, new problems. These issues are addressed by a Shariah-compliant company model, such as Biokript’s, which aspires to build an egalitarian and long-lasting investment ecosystem. Biokript reduces market manipulation and encourages ethical trading behavior by providing trade revenues to token holders and implementing transparent revenue sources.
The Shariah-compliant business strategy of Biokript is based on shared profit distribution and transparency, which is in line with Islamic financial principles. Those who own Biokript tokens stand to gain from trading fees, listing fees, and token price growth, creating a happy and fruitful partnership between the business and its investors.
Streams of Income that Will Maintain Shariah-Compliant Profitability
To be sustainable and profitable while upholding Shariah values, Biokript receives its money from a number of sources. Trading fees, credit/debit card purchase fees, listing fees, and voting fees are a few of these sources of income.
Trading Charges
Both makers and takers are subject to a 0.20% fee on the Biokript Exchange. Users who possess Biokript tokens automatically receive a discount on trading fees as a way to encourage holding these tokens.
Purchases using Credit or Debit Cards
The site charges a small fee for credit and debit card purchases made through it, creating a user-friendly environment and a reliable source of money.
List Price
When listing tokens on its platform, Biokript is very selective to make sure that every project complies with the exchange’s security policies and standards of quality. Projects are needed to pay a fee in order to list a token on the platform.
Election fees
Additionally, Biokript charges a vote price for listing tokens in order to actively engage its user base. This technique promotes community involvement in the selection of the tokens that will be made available on the platform.
Additionally, since every Biokript transaction takes place on the blockchain and can be audited and reviewed, transparency and openness are assured.
Benefits of Biokript Token ($BKPT)
To fund the start-up of Biokript exchange, investors are offered Biokript tokens (BKPT). In return, holders of BKPT gain opportunities to receive revenue from trading fees, listing fees, and token price appreciation.
Profit sharing operates on a 50/50 split between the company and token holders, aligning with the Islamic Mudarabah principle. Profits are distributed to investors based on their token holdings, fostering an equitable and balanced sharing of benefits.
The BKPT Token Burn Mechanism Explained
The BKPT Token Burn mechanism serves to regulate the supply of Biokript tokens and stimulate their value growth. This mechanism, implemented via a Binance Smart Chain contract, sets aside a portion of the circulated tokens for burning.
Every month, Biokript executes a market buy order of its own tokens, directly promoting an increase in their price and bolstering investor confidence in the Biokript enterprise.
Under this mechanism, 40% of the Biokript tokens are channeled into the company’s wallet to cover operational expenses such as marketing and salaries. An additional 5% of tokens are allocated for Takaful insurance and reserves.
Remarkably, 10% of the tokens are reserved solely for burning. This process is critical in creating a scarcity that further drives the value of the surviving tokens. The remaining 40% of the tokens are distributed proportionally among all the token holders, ensuring a fair and equitable sharing of profits.
CONCLUSION” The Shariah-compliant business model of Biokript tackles the current issues with the bitcoin trading environment. Biokript encourages moral and open procedures in line with the tenets of Islamic finance by avoiding trade volume manipulation and making sure that profits are distributed fairly.#The platform’s numerous and reliable revenue sources, along with its unmistakable dedication to shared profit sharing, foster a favorable and prosperous environment for both token holders and the enterprise. Biokript represents a significant progress in the creation of Shariah-compliant business models that improve ethical cryptocurrency trading while enhancing the global financial environment.
For more information:
Website: https://bit.ly/44a5lcF
Twitter: http://www.twitter.com/biokript
Facebook: http://www.facebook.com/biokript
Instagram: http://www.instagram.com/biokript
Telegram: https://t.me/biokript
Reddit: https://www.reddit.com/user/_Biokript
Whitepaper: https://whitepaper.biokript.com/
#BIOKRIPT #PARTNERSHIP #PRESALE #EXCHANGE #HYBRID #SHARIAH
Writer’s information
Forum Username: VecyoL
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3446194
BEP-20 Wallet Address: 0xEE93eC2F0d1Dc5F81F52e4f8b833B6fD05055782
