Beldex is a hybrid exchange that has incorporated all the Islamic laws. The security of transactions maintained through multiple layers of robust security and the exchange has a strongly backed-up community. The cryptocurrency exchange has a native coin called Beldex Coin (BDX) to carry out various transactions.
The privacy concept is the enhanced version of the one used by Monero crypto. Beldex is a hybrid exchange and its hybrid nature is elucidated by heeding to the community’s consensus. One can carry out even HFTs to better manage their funds as Beldex has very high liquidity.
Unique features of Beldex
Beldex is Shariah-compliant and AML certified. Being a hybrid crypto exchange, Beldex values its community and provides for a way for its community to govern the exchange through polls and user opinions. The decisions made by the users are implemented once a consensus reached. Users vote on coin listing and other key aspects of the exchange. The platform caters to everyone from around the world but has a predominant user base from South East Asia and the EMEA region.
Beldex is a diversified ecosystem that has its own crypto, the BDX. BDX uses the CryptoNight Conceal Proof of Work algorithm as far as transactions concerned. The digital coin offers a lot of innovations that help in increasing the privacy of the user.
Competitions with attractive prices
Beldex runs a number of competitions on its portal for its users. The current trading competition for treep token that has a prize pool of 6,00,000 and runs on till the 12th of July. The TREEP/BTC trading pair is the market that’s being considered for the event and the traders trade on this market pair during the event. The traders with the top 3 trading volumes win the competition with the winner taking away 3,00,000 as prize money. They also provide 24X7 customer support for any obstacles faced.
Ease of trading with Islamic compliant laws
Users can register themselves on the portal within a few steps. The exchange promises that high interest will not be levied and immoral service will be admonished. All projects related to gambling have been kept afar in compliance with Shariah. It eliminates uncertainties in transactions as it follows Mudarabah. Hence, the cryptocurrency world is devoid of such features but Beldex embraces them with a warm reception.