Market sentiments for cryptocurrencies have improved a lot ever since the crypto-mania has dominated investors and these digital tokens have outsmarted other assets at the exchange. With that said, the market moving to DeFi and BTC has emerged as digital gold for many investors. There was flooding at Bitcoin exchanges in India with many new wallets getting integrated and opened for trading. In the first week of the new wallet opening, as many as 10,000 BTCs were added for trading purposes. So, cryptos are becoming a wild-wild west for investors to stake and earn regular returns.
There are many Bitcoin business opportunities emerging at the trading and investment horizon with big exchanges like PCEX Member launching collaboration initiatives. Under the collaboration initiative, ardent Bitcoin investors can tie-up with the exchange and exploit its reputation and technical expertise to drive liquidity for a better commission in the form of brokerage. PCEX Member has three different business plans: Master Franchise, Franchise, and Freelancer model to help streamline their business operation. In this article, we will discuss the Franchise Model and the duties you need to do for earning a consistent return during the COVID-19 pandemic period.
What is a Franchise Model?
A franchise model allows only partnership firms, LLP and Private Limited companies to associate with PCEX Member, an emerging cryptocurrency exchange in India to Buy Bitcoin in India and other cryptocurrencies. The businesses that are willing to associate under the franchise model must pay 12,500 + 18% GST as registration fee to get themselves listed as a franchise/sub-broker at PCEX Member. They are eligible to get 40% trading brokerage on all the trades that happen at the exchange via their connections.
What Will Be the Role and Responsibilities of Franchises?
When franchises register at PCEX Member, they are bound to take a training session from the experts at PCEX Member. During the training program, they are taught everything about the cryptocurrency market to prepare them for undertaking their role as a cryptocurrency sub-broker at the PCEX cryptocurrency trading exchange. After completion of their initial training that lasts for 15 days, they take up the job of bringing liquidity to the exchange by bringing more traders on the platform. Greater will be the volume of trading at the exchange, greater will be the commission and scope of growth for the franchise at PCEX Member.
How You Can Earn By Following This Franchise Model?
The franchise model almost works like a tree with multiple branches. For the growth and sustainability of the tree, there must be numerous branches with leaves for photosynthesis, likewise, the PCEX Member must have multiple traders for its sustainability. The role of the franchise is to ensure that maximum liquidity is brought to the exchange and for that, they either pitch to enroll corporations as traders or work under them for bringing more liquidity. In the process, these individuals who enroll under the franchise get a trading commission that the franchise decides.
Why Should You Partner with PCEX Member As a Franchise?
During the prevailing coronavirus pandemic, it is very hard to get sufficient cash flow to sustain your business. Many of the businesses are struggling badly to keep the minimum cash operating ratio. Therefore, they can certainly use their professional relationship with other clients and known acquaintances, friends, and families to help them earn significant returns during these troubled times. As the cryptocurrency market has been exploding and Bitcoin business opportunities have significantly improved lately, there are many who are eager to open an alternative passive gateway to ensure that their bank account keeps rolling. PCEX Member has envisaged a way ahead by giving such individuals an opportunity to collaborate and tap their network for consistent regular returns. Their only responsibility will be to make people understand the business model of PCEX Member how they can make significant revenue by partnering with their initiatives.
The worth of the cryptocurrency market was USD 237.03 billion in 2019 which is up in value from 128.78 billion in 2018.
So, if you wish to know futures in crypto, this piece will help you in getting everything that you need to know about it.
The buyer and seller – both have one single goal, i.e., to make a profit out of the trading.Their contrasting directional views about the price of the underlying crypto assets, serve as the foundation of the trading, and the loss of one party is the profit of the other, and vice versa.
The trading is facilitated by a crypto exchange platform like PCEX Member.
The seller at its sole discretion can leave the futures contract at any point of time by finding a suitable buyer for his or her futures contract.Operating PrincipleFutures Trading in Crypto is similar to the futures trading that takes place at a stock or commodity market.
Both markets operate under the same principle – demand and supply.
The cryptocurrency Exchange market is that the booming topic for five years, trading within the cryptocurrency is increasing massively because the outcome from it's extremely cool.
If you're unaccustomed the cryptocurrency market and trading , you want to understand the crypto-Exchange Platform, what square measure the benefits of investment and the way to trade, that platform square measure sensible to speculate etc.
Lets Start with the Crypto Exchange Platform.
It may be digital currency to digital currency or to order currency.Their square measure varied crypto exchange platforms that helps you get a short information of however cryptocurrency exchange works.
it's vital that as a cryptocurrency user, you create inquiries regarding the offered crypto exchange platforms within the market.What you would like to grasp to start out Exchange Cryptocurrency.
Currently, in 2019, we tend to square measure pertaining to coins like Bitcoin (BTC) and Ethereum (ETH).
The crypto exchange which is on top for a very long period i.e Belpay exchange.
It is one of the most popular UK based crypto or bitcoin exchange.
In this article, you will be seeing about Belpay exchange and why it will be the most used cryptocurrency exchange for 2021.
A centralized exchange typically works like a forex exchange where cryptocurrency transactions are processed hence facilitating the trading of different cryptos in addition to converting cryptosinto fiat currencies.
A centralized exchange provides a flexible interface between the virtual cryptocurrency economy and the real world economy.
While centralization was never a concept in the cryptocurrency world, it actually makes things simpler, and that’s why many people still prefer centralized exchanges over decentralized exchanges.Decentralized exchanges, on the other hand, put the control of crypto holdings and transactions in the hands of the users through peer to peer transactions.
It utilizes a blockchain system to match buyers and sellers.
Decentralized exchanges, therefore, don’t impose any fees and traders don’t need to provide personal information to third parties.
