April 29, 2019 (Investorideas.com Newswire) Bolcrypto facilitates trading between private parties and government entities. A commodities exchange in compliance with Costa Rica's Code of Commerce commodity exchange regulations. As such, it facilitates the trading of commodities between both private parties as well as government entities, some examples within an array of unlimited options are farm products, real estate, precious metals, contracts, and more. We are a legal entity that determines and enforces rules and procedures for the trading standardized commodity contracts and related investment products throughout the world.
How does it work?
There is a worldwide regulatory uncertainty in regards to the applicable regulations for digital assets and cryptocurrency trading and offerings.
A cryptocurrency commodity exchange business, it provides a regulatory framework and centralized exchange environment and platform. Regulatory uncertainty is a crucial setback for investors to withdraw from investing in the Crypto-Market.
Retail and Institutions will have absolute certainty of investing in a regulated and compliant environment, through due diligence and a commodity regulatory framework for Bolcrypto investor protection.
This company s organized as a charter for commodity trade of digital assets and cryptocurrencies. Like all commodity businesses we do not determine the prices for commodities. Traders and member firms determine those prices through the mechanism of price discovery.
Bolcrypto represents one of the greatest opportunities in crypto-exchange as we advance through the KYC's commodities and brokers license granting procedure. This will guarantee a total certainty that the regulatory system will provide stability, volume flow and growth.
Working with the best team of producers, our very staff is composed of the best trained individuals and partner-companies that supply the commodity being traded. Our producers can guarantee commodities to trade and, therefore, no need for commodity exchanges.
By utilizing a commodities exchange, producers can lock in a price for future production.
Forthrightly, we will seek to attract worldwide cryptocurrency exchanges to obtain licenses. Being fully regulated as commodities brokers/dealers will assure regulatory certainty on cryptocurrency and digital assets trading.
What is the business model they follow? Bolcrypto will follow the same business model of an SRO. It will convey oversights on its member organizations (Brokers/Dealers and other license holders) and provide market liquidity to the cryptomarket by pooling worldwide cryptocurrency exchanges and their order books together.
About investing or becoming one: GBT Technologies owns 40% of the shares in Bolcrypto while 60% will be available for general public following statutes by Costa Rican Code of Commerce. All members and management of commodities exchanges are responsible for establishing and enforcing rules and regulations that govern the trading of these standardized commodities contracts.
Bolcrypto is directed towards worldwide leaders in exchange and payment processors of cryptocurrencies, ICO issuers and cryptocurrency asset investors. Based in San José, Costa Rica, it's quite the answer the cryptocurrency industry is looking for because there, everything regarding the Crypto-Market is bit by bit becoming the capital headquarters for legal trading crypto.
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io
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