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.
