Azbit Platform Huge Demand For Token Use Case And A True Representation Of Profi

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If you are like me, you might be wondering why should I invest in the Azbit token sale? what drives the token price up? why should an individual buy the token during the ICO sales? What mechanism is put in place to avoid price dump? Many projects have listed on an exchange and their price has drastically depreciated.

Azbit is blockchain investment platform with a multi-currency exchange. The platform provides users with multiple features that enable users to get involved in cryptocurrency  and some of the core features of the Azbit platform are listed below:

• Blockchain Investment Platform
• Multi-Currency Exchange
• Blockchain Banking System

These are the core feature of the platform and they work together as a formidable ecosystem, bringing different moving parts into a whole ecosystem for seamless cryptocurrency trading and investment portal.

What Drives Token Value?

Al the successful cryptocurrency today achieves that fit by creating a direct or indirect demand for their token with their platform. The driver of token price lies in the token use case and how the token is associated with the platform.

Azbit Token - A Gateway For Paying Banking Fee:

The Azbit as part of their movement to creating an easy entry and exit point in cryptocurrency provides traditional banking services. The traditional banking industries have had troubles allowing businesses or even individuals open a crypto bank account.

Azbit is at the frontier to providing traditional banking services using blockchain technology. This project is a movement, and they have already obtained a payment institution license from the Czech Republic and still pushing it hard to obtain a banking license in the European Union.

The Azbit token would be used for all banking fee carried out with the Azbit ecosystem. This is one of the use cases of the token.

Azbit Token Used For Exchange Fee At A Discounted Rate:

This model has proven to work overtime for top cryptocurrency exchanges, the value of their token has significantly increased. The cryptocurrency exchange is the marketplace where buying and selling of cryptocurrency take place 24/7. The cryptocurrency exchange generates about $17 billion data from coinmarketcap.com as at 27th Dec 2018.

These exchanges collect a trading fee for each trade, a trader executes either buy or sell. The Azbit would offer a discounted fee for a trader that wishes to pay exchange fees with the Azbit token. This would significantly drive the price of the token as demand for it would be high. The discount for the exchange fee would be at 75% in the first year, 50% in the second year, 25% in the third year, 10% in the fourth year, and would remain fixed at 5% after May 12, 2022.

Azbit Token For Payment On The Investment Platform At A Discounted Rate:

The Azbit investment portal is one of the core section of the Azbit ecosystem, and it would help drive users to the platform because of the copy trade and share trade features. The Investment portal allows investors to fund their investment account and be able to copy trades of an experienced trader and make a profit from their investment.

The Azbit token would be used to pay for investment platform fee (Optional) and it would be discounted. Investors can choose to pay with other cryptocurrency but they would receive a discount if they pay with the Azbit Token.

Other Uses Of Azbit Token:

The Azbit platform also provides users with a marketplace place where they can buy different products and algorithms. The Azbit token would be used as the payment method for the marketplace. This would also help drive the token demand.

Finally, the platform would also implement the decentralized exchange where project owners need to pay with the Azbit token to be listed on the Azbit exchange.

Conclusion:
Too many driving force for the token demand and which would significantly drive the token price and provide a significant return on investment for investors of the Azbit platform.

Visit their official website, join their social media communities and consult the official documents for more information about the project.

Official Contacts

Website: https://azbit.com [nofollow]

Telegram: https://t.me/azbit_com [nofollow]

Twitter: https://twitter.com/azbit_news [nofollow]

Whitepaper: https://cdn.azbit.com/docs/en/whitepaper.pdf [nofollow]

Facebook: https://www.facebook.com/azbit.news/ [nofollow]
 
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Good Luck, Happy Investing.

   

This article is not a financial advice. Investing in ICO may be extremely risky, always remember to do your own research and consult financial and legal advisors before investing in ICOs.

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Too many driving force for the token demand and which would significantly drive the token price and provide a significant return on investment for investors of the Azbit platform.