Startup of the Day
Binaryx is a platform that trades large scope of financial
assets and cryptocurrencies.
Their main goal is to build an entire ecosystem for users to
trade, learn, and monetize their skills in cryptocurrency.
Founded by Oleg Kurchenko, who has been working in the
cryptocurrencies space for over 6 years. This company was
established March 3, 2019. They are now in Open BETA stage.
THE HIGHLIGHTS:
1.) A Free Academy for Newbies
=> Finally, we found a
medium where newbies can learn in-depth cryptocurrency domain and
trading strategies.
All courses are free to use and have been created by professional
traders.
2.) User-Friendly Trading Terminal
=> Scalable
trading terminal interface to make it comfortable to work for
novice and pro users.
UI of the Binaryx was developed in close cooperation with
the pro-traders using the most innovative design approach.
3.) White Label for your crypto trading biz
=> The
company offers white labeling of the trading module, wallet, and
basic exchange, alongside access to liquidity, 24/7
troubleshooting, and support.
Their team also can assist you with legal questions, licenses, and
more.
THE PROBLEM:
1.) Not much media activity
=> We understand that
they are still new, but they should be aggressively active in
exposing their business all over the cyber world.
When you
go to Google Search, a certain Binary.com shows up on page 1 which
raises some concerns.
2.) Security
=> Most users are afraid and concerned
in the crypto business because of their uncertainty of its
security features.
Hacking of their accounts still remains a main issue.
This could be
Binaryx.com
main asset if they ensure their users with enough data and proof
to back it up.
3.) Scalability
=> We've seen a lot of crypto
companies that come and go. What makes
Binaryx.com
any different.
What is their constructive roadmap so that their platform can have
a fighting chance to be a new big player among other
Cryptocurrency companies?
THE SOLUTION:
1.) Spread Content
=> They should spread their news
everywhere.
Not just blogs and social media. They must let
the word out that there is a new player that is providing
exquisite features for their users.
Let me tell you flat-out that they should be more active and
aggressive against their competitors who have established
themselves long before they have arrived.
2.) Established that Security
=> In PH, the founder
Oleg Kurchenko mentioned that they are using cloud architecture
with different data centers located worldwide.
They should justify to their clients that 10Guards company
is a reliable partner that helps Binaryx.com in terms of
cybersecurity.
Informed the public that they use multiply cold wallets with
different signatures.
10Guards.com,
by the way, is a first-class ethical hacking team that protects
businesses against cyber-attacks.
3.) Educate to Scale
=> The main problem is that a
lot of people are afraid of investing in crypto.
Much worse, they are not even aware. That is why they should
educate these peeps to scale their business upwards.
Gain traction by attracting students through their Free Academy.
THE CONCLUSION
We've seen successful startups originated from Ukraine.
Companies like
Grammarly.com
($110 million in investments) and
Gitlab.com
(estimated at $1.1 billion).
Ukraine may not have too many world-renowned startups to boast,
but more and more of them are sprouting year after year.
Oleg Kurchenko, founder of our subject for today
Binarxy.com is from Kyiv, Ukraine.
My point is a Startup success is not based on location. It's about
the product or service is what that matters.
People and consumers dig startup companies that make their lives
more comfortable.
They are willing to sign-up if they know that it could solve the
problems that they are bearing or might be encountering sometime
in the future.
Binaryx.com may be a small-time player at the moment, but
with the right approach and the little sprinkle of
aggressiveness... this notable startup could rock this world.
They are coming up with intriguing features like ETF indexes where
members can manage digital assets, increase yields, and minimize
risks.
Business tokenization is also in the works. While Social Trading
will be in play where anybody can find and hire professional
traders who can manage their portfolio to maximize their
cryptocurrency income.
Mr. Kurchenko also intends to sell a small percentage of their
company in tokens.
His team is also currently looking for partners to scale
Binaryx globally.
Honestly, I'm intrigued by their Binaryx Academy.
In truth, I will sign up and absorb their Free lessons.
Believe it or not... Crypto is here to stay. And it won't be going
anywhere.
I want to grab a piece of that pie. I suggest that you do it too.
Francis Isberto
Friendillion.dev
P.S. Btw, if you need some help in Sales and
Marketing...
Or you need assistance in making "Stories that Sell"...
*Image from Binaryx.com