What is Beldex?
Beldex Coin is developed on advanced hybrid digital decentralized technology with having higher liquidity and private transaction, launched in July 2019. Beldex is first cryptocurrency exchange platform to follow Shariah complaint exchange platform.
Shariah follow law of muslim region, in which they block project related to Gambling, Alcohol, tobacco, unreasonably higher interest provider, untheatrical service, financial pyramids. To idea of bringing this concept into Blockchain market to bring privacy coin that can help user to keep away from frauds and illegal business in the market.
The project of Sharia officially certified by Bahrain Central bank, founded in Estonia country. Right now, BDX can be mined using PoW and soon they will be moved to Proof of Stake. Beldex Blockchain is also called as fork of Monero and also integrated PrivateSend privacy protocol from Dash, as to improve privacy feature like ViewKey took from ZEC. Network also developing own configurable privacy technology.
Beldex Price Prediction
|Month & Year||BDX Price Prediction|
|Ticker symbol||BDX coin|
|Blockchain||Hard fork of Monero Blockchain|
|Total Supply||1,400,222,610 BDX|
|All-time best||$0.17 USD|
|Trading Exchange||Beldex Dex, BTC Alpha, IDCM, STEX.|
Beldex ICO Overview
|Date of ICO||15h august 2018|
|ICO Price||$0.25 USD|
Exchange platform gives us number of Reason to HODL BDX crypto, because in core advantages they use untraceable roots and conditional transaction. In the trading department it offers discount on exchanges fees, on-chain voting freedom, access to market, larger commission for referral program, premiere access to new products, purchase of goods and services on network and influence innovation.
The report claims Beldex has more focusing on Islamic trader all over world, as they Shirah already followed by over 1.8 billion fans and four of digital asset having 200$ million market cap value. On the exchange platform 6 coins available trading including BDX, which can be directly trade from BTC or using USDT. The used different Muslim terms to describe Bitcoin, as most of the time religion sees Bitcoin has Halal (Lawful) which beneficial to Muslim finance. This concept brings by Dr. Ziyaad Mahomed to have more involvement in education of Islamic finance, and they also said cryptocurrency deserve recognition and has to be legal form of currency.
Read Also: Electroneum Price Prediction
Beldex Technical fundamentals
Beldex uses Monero source code, as we know monero is having better CryptoNote Protocol, which uses RingCt, Stealth addresses and ring Signatures. the network functionality and scalability is enabled by master nodes, as master nodes enable block reward from each block in which you can earn over 123 BDX coin on daily basis and yearly 46K BDX coin offer as Block Rewards.
Beldex currently spreading its wigs in different Asian countries including hong kong, Singapure and Malaysia, as they are currently listed on different other exchange platform including BTC Aplha and STEX. It having total market cap of $47 Million USD worth and as of today it 223th biggest digital currency.
Beldex Coin Price Analysis
In January 2020, Beldex coin about to reset its all-time best price but just short to reaching, as since then price starts dipping. Beldex ROI still in the negative mark, as $0.067 is most maintained price in all time price graph. $0.11 is figure of 2020, as there are very less chances of regaining this figure till Q4 2020, as most possible time Beldex can pull off this figure again will be in December 2020, as before that they have to show achieved their average figure, so comparing with today price i.e. $0.048 USD then expected growth required will be equal to 40. In march 2020 Beldex going bullish, as in just 5 days it is hiked by 23%, where prices changed from $0.039 USD to 0.048 USD.
CEO Kim Hallend in recent interview announces to bring some new major coins in the market, as if they follow their law and bring some utility Cryptos on platform with allowing BDX direct exchange with them and provide promised bonus and reward. They need to follow their roadmap and that will help them grow in future and may find place in top 200 coin sorted by market cap.
Can Beldex Reach $1 USD?
Probably after 2027.
How Much Beldex Worth in 2030?
Probably crossing $1.5 USD mark.
Is Beldex a Good Investment?
Yes, Beldex is community-based Exchange portal that has fixed number of users.
More than 10 projects already join beldex program and more will be added soon, as because of this exchange portal follow rules and check frauds stats for specific crypto project before adding them on portal that increase safety for user and investor. so, adding crypto on Beldex platform is difficult because they are having list of rules that every project has to follow compulsory.