BRICSTX Cryptocurrency Exchange

An efficient & easy exchange for beginners & expert crypto enthusiasts. Also one of the first Exchanges chosen to list BRICSTether,an alternative to USDTether.

What’s BRICSTX Exchange

BRICS is an acronym used to describe the five major emerging economies in the world: Brazil, Russia, India, China, and South Africa. These countries are considered to be among the largest and fastest-growing economies in the world and have a significant impact on the global economy.

The idea of BRICS as a group was first introduced in 2001 by Goldman Sachs economist Jim O’Neill. Since then, BRICS has become a widely recognized term, and the five countries have established a formal organization known as the BRICS Summit to promote cooperation and coordination among the member states.

One of the key strengths of BRICS is the large and growing size of their economies. Combined, the five countries account for over 40% of the world’s population and around 24% of the global GDP. Additionally, these countries are projected to continue to grow at a fast pace in the coming years, which will further increase their economic influence

Benefits of Cryptocurrency

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Decentralization

Cryptocurrency operates on a decentralized system, which eliminates the need for intermediaries and reduces the risk of fraud.

Decentralization

Cryptocurrency operates on a decentralized system, which eliminates the need for intermediaries and reduces the risk of fraud.

Security

Cryptocurrency uses cryptography to secure transactions, which helps to prevent fraud and hacking

Security

Cryptocurrency uses cryptography to secure transactions, which helps to prevent fraud and hacking

Privacy

Cryptocurrency transactions are private, as users' identities are protected by cryptography.

Privacy

Cryptocurrency transactions are private, as users' identities are protected by cryptography.

Cost-Effective

Cryptocurrency transactions are generally less expensive than traditional banking transactions, as there are no intermediaries involved.

Cost-Effective

Cryptocurrency transactions are generally less expensive than traditional banking transactions, as there are no intermediaries involved.

How Cryptocurrency Works

Cryptocurrency operates on a decentralized system, meaning there is no central authority that controls the flow of funds. Transactions are recorded on a public ledger called the blockchain, which is a secure and tamper-proof record of all transactions. The blockchain is maintained by a network of computers, known as nodes, that validate and record each transaction. This eliminates the need for intermediaries such as banks, which reduces the risk of fraud and increases security.

One of the key features of cryptocurrency is its use of cryptography. Cryptography is the practice of secure communication, which helps to protect the privacy of transactions. Cryptocurrency uses a combination of public and private keys to ensure the security of transactions. Public keys are used to identify a user’s account, while private keys are used to sign transactions and ensure that only the owner of the account can make transactions.

BRICSTether

BRICSTether is a new stablecoin to launch shortly, which is planned to eventually be weighted to a basic of BRIC Nations currencies, but initially 1 BRICST will be pegged to 7 Chinese Yuan. It will be asset backed in fiat, crypto,bonds, gold,silver and real estate.

It couldn’t launch soon enough for some, especially Russians and other nations being sanctioned or losing faith in the USD. Binance recently announced its no longer going to allow Russians to buy USDT, so BRICST is expected to fill the gap for Russians, but also many BRICSPlus nations, not to mention many that are concerned re the fall of the USD. As the world shifts away from the Us dominated unipolar world, a multipolar world will see a search for alternative currencies for settling international trades. It’s expected many non Western countries will seek to utilise BRICST to support its growth to ensure alternative cross border settlements can occur inexpensively, outside the USD.

BRICST will list on a small number of exchanges to start with and expand as its ramps up its operations.

BRICSTXchange also is set to launch to be one of the main exchanges to handle BRICS transactions.

Features

Earn by Staking

BRICST will pay holders by staking coins. Holders will earn a 5% interest for staking their coins for 90 days or longer, and 10% for 12 months or longer.

Stability

As a currency pegged to the BRICS Plus currency basket, BRICST provides a stable and secure platform for transactions and investments. B

Security

BRICST is built on a decentralized platform that uses cutting-edge security protocols to protect users' assets.

Accessibility

BRICST is designed to be user-friendly and accessible to all. Transactions can be processed quickly and easily using a variety

Liquidity

BRICST is a highly liquid currency, which means that it is easy to buy and sell. This makes it an ideal choice for businesses and investors who want to take advantage of market opportunities as they arise

Transparency

BRICST is built on a transparent and auditable platform, which ensures that all transactions are fully visible and accessible to all users. This helps to promote accountability and trust in the currency

BRICST is in the process of applying for relevant licensing for certain jurisdictions.

You can pre purchase BRICSTETHER currently only from BRICSTXchange

You can purchase with crypto

BRICSTX will provide manual buy backs of BRICST for any pre sales, before official launch of BRICSX

You can currently only purchase BRICST here with Crypto

Once the licensing is finalised for accepting fiat currency and credit and debit cards you can then purchase with fiat. However you can receive currently free BRICSTether by making a donation to the BRICS Foundation

You can be issued your BRICST within days of pre purchasing

Early Mover Advantage

The early mover advantage in the cryptocurrency space refers to the potential benefits that early adopters of cryptocurrencies can gain over time. This advantage can manifest in several ways, such as increased returns on investment, greater exposure to new and innovative cryptocurrencies and blockchain projects, and a greater understanding of the technology and its applications.

One of the primary benefits of being an early mover in the cryptocurrency space is the potential for high returns on investment. Cryptocurrencies are still a relatively new and untested asset class, which means that their prices can be highly volatile. This presents an opportunity for early adopters to make significant gains, especially if they are able to identify promising cryptocurrencies and invest in them before they become widely known.

To purchase Crypto with Fiat we accept bank transfers from most countries

Please enter your details to receive bank transfers details

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Frequently Asked Questions

It will be largely asset backed by fiat currency of BRICS nations, largely the Chinese Yuan. It also will hold smaller properties of the top 5 major fiat currencies included EURO & some USD. It also will hold up to a 33% proportion in other crypto currencies,mostly the top 10,along with Gold,silver and some other commodities. It will have some proportion in real estate assets,and an allocation for select investments into BRICSPlus nations.

It is similar in many ways, however many wish to reduce their exposure & risk from the inflated USD, and also realise the BRICS nations are growing and will become a dominant force in a néw multipolar world.Especially as Globalisation & centralisation is now in reverse since interrupted supply chains during the Covid pandemic.

Also BRICST will be far more transparent. It will provide quarterly asset allocation updates

Yes accounting firms will audit the asset holdings & BRICST will provide quarterly updates of its assets and allocation split.
Yes you can . Currently 5% pa if staked for 90 days or longer and 10% pa if staked for 12 months or longer

All cryptocurrencies carry risk, however a stablecoin,especially one largely fiat backed is perhaps the safest of all cryptos.

You can buy and sell it off any exchange it will be listed on.Initially it’s listed on BRICSTX,but other exchanges are patiently waiting to also list it.

Depending on the exchanges – some you can,some only with crypto or USDT

However you can use bank transfer from most major currencies to purchase it via BRICSTX

No it’s not a Government Digital Currency.
We find most crypto users aren’t fond of Government backed crypto currencies or CBDC’s planned by Central Banks

However the BRICST is establishing an advisory committee where each BRICS plus nation,& other selected countries will be allocated a representative seat to advise on their needs and opportunities for BRICST to be a more suitable reserve currency for settlement of trades,commerce or holding of funds as an alternative to the USD or US banks. These banks often carry the risk of sanctions,or freezing of funds of nations who refuse to abide by a uni polar one world Western dominant ideology

Initially to the Chinese Yuan.1 BRICST will be pegged to 7 Yuan.

That’s approximately $1USD as of early 2023

Yes, BRICST is a legal cryptocurrency that operates under the laws of the countries where it is used.

The minimum investment in BRICST depends on the exchange or platform where you purchase it. Typically, there is no minimum investment.

The value of BRICST is determined by the market demand and supply, as well as the value of the currencies in the basket.

Yes, you can convert BRICST to any fiat currency through an exchange that supports BRICST.

Disclaimer

This whitepaper has not been examined or endorsed by any regulatory authority. It is not a prospectus or any type of offering document, nor is it intended to be interpreted as an offer or invitation to invest in securities, financial products, or any other investment instruments in any jurisdiction. It is prohibited to distribute, share, or transmit this whitepaper in any manner to countries where such activity is prohibited. Reproduction of this whitepaper must include this “Disclaimer” section.

The information provided in this whitepaper should not be regarded as a tax, investment, or legal advice. Users must seek expert advice from financial, legal, or tax professionals to make informed decisions based on their specific situations and goals. This whitepaper includes data blocks to educate users on topics of potential interest. The perspectives, material, and opinions in this whitepaper should not be considered as a request for the sale or purchase of any securities.

Any information presented in this document is given purely as illustrations and should not be construed as specific investment recommendations; It is general in nature and does not take into account your objectives, financial situation or needs. The laws relating to investment, taxation, benefits, and the handling of money are constantly changing and are often subject to changes in government policy. Whilst every care has been taken to ensure the accuracy of the material contained herein at the time of publication and presentation, the author, presenter, promoters nor the publishers will bear any responsibility or liability for any action taken by any person, persons or organisations on the purported basis of information contained in the document herein. Without limiting the generality of the a foregoing, no person, persons or organisations should invest monies or take other action on reliance of the material contained herein but instead should satisfy themselves independently (by seeking expert advice or otherwise) of the appropriateness of any such action. All investing carries some risk and you should seek professional financial advice prior to investing.

The purchase of tokens is no guarantee of return and are strictly non refundable. Tokens can lose some or all of their value and should be considered speculation.

If paying with credit card you accept this token purchase is non refundable and I hereby agree to never request a merchant chargeback. The credit card billing company name will appear different to Bricstx  depending on which merchant is being utilised. A receipt will be emailed and a email confirmation of my order.

Tokens are strictly nonrefundable. If you purchase by credit card you agree to never request a merchant chargeback.

You should only purchase tokens with money you can afford to lose. You will be emailed a confirmation of your order. Please check junk box

Disclaimer of Liability

The purpose of this White Paper is to present Bricstx  to potential token holders in connection with the proposed Token sale. The information set forth below may not be exhaustive and does not imply any elements of a contractual relationship. Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of the company with intent of purchasing Bricstx  Tokens.Nothing in this White Paper shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This document is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction, which are designed to protect investors.

Bricstx  Token is a utility token. This product is not a digital currency, security, commodity, or any other kind of financial instrument and has not been registered under the Securities Act, the securities laws of any state of the United States or the securities laws of any other country, including the securities laws of any jurisdiction in which a potential token holder is a resident.

Bricstx  Token cannot be used for any purposes other than those provided in the White Paper, including but not limited to, any investment, speculative or other financial purposes.

Bricstx  Token is not intended for sale or use in any jurisdiction where sale or use of tokens may be prohibited.

Bricstx  Token confers no other rights in any form, including but not limited to any ownership, distribution (including but not limited to profit), redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights, other than those specifically described in the White Paper.

Certain statements, estimates and financial information contained in this White Paper constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties, which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forwardlooking statements. White Paper can be modified to provide more detailed information.This English language White Paper is the primary official source of information about the Bricstx  Token. The information contained herein may from time to time be translated into other languages or used in the course of written or verbal communications with existing and prospective customers, partners etc. In the course of such translation or communication some of the information contained herein may be lost, corrupted, or misrepresented.

The accuracy of such alternative communications cannot be guaranteed. In the event of any conflicts or inconsistencies between such translations and communications and this official English language White Paper, the provisions of this English language original document shall prevail

 

Sophisticated Investors can apply to purchase shares in BRICST