How Does Binaryx Real Estate Tokenization Work

In this article, TU experts will discuss the features and benefits of Binaryx, a platform that allows individuals to invest in real estate by purchasing property tokens. They'll explain how users can earn rental income and potentially high returns on their investments, highlighting the platform's accessibility with low starting amounts. Additionally, the article covers the safety measures implemented by Binaryx to protect investors' interests and ensure compliance with regulations. Experts will also delve into the step-by-step process of using Binaryx, including registration, purchasing tokens, and withdrawing rental income. Finally, they'll touch on the referral program and the platform's growth within the blockchain industry.

What is Binaryx?

Open an account

BinaryX is a platform where you can invest in real estate without having to buy whole properties. Instead, you can purchase small parts of a property called tokens. When you own these tokens, you're like a co-owner of the actual property and entitled to a share of the rental income it generates.

For example, if you invest $1000 in BinaryX and buy 20 tokens of a property, and let's say that property earns 12% annually from rent, you would earn $120 per year as your share of the rental income. This money is divided among all token holders based on how many tokens they own. So if there are 100 tokens in total and you own 20, you would receive 20% of the rental income.

BinaryX makes it simple for anyone to invest in real estate and earn money without having to handle property management or invest a lot upfront. By buying tokens, you're essentially investing in a piece of the property and sharing in its profits.

Overall, BinaryX offers opportunities for both traditional real estate investing and different ways to earn passive income.

Basic features of Binaryx

To start earning on Binaryx, all you need to do is sign up on their platform, explore the available properties, invest in the ones that interest you, and then start earning rental income. Your ownership details are securely stored on the blockchain, which ensures transparency and trust in the investment process. Here are some key features

• Investing with Small Amounts — Unlike traditional real estate investing where you need a lot of money, on Binaryx, you can invest in real estate with as little as $50. This means you can own a piece of property without needing a huge amount of cash upfront.

• Earning Rental Income — When you invest in a property through Binaryx, you become a landlord. This means you can start earning money from rent. The amount you earn depends on how much of the property you own. You can withdraw this rental income whenever you want.

• High-Yield Returns — Binaryx offers attractive returns on your investment. For example, you can earn up to 22% Annual Percentage Rate (APR) on certain properties in Bali. This means you can make a good amount of money from your investment.

• Property Price Growth — Apart from rental income, you can also benefit from the increase in property value over time. As the property becomes more valuable, so does your investment. Binaryx lets you keep track of how your investment is performing.

• Liquidity — Unlike traditional real estate investments that can be hard to sell, Binaryx lets you sell your real estate holdings at any time through their Secondary Market. This gives you flexibility and means you can access your money when you need it.

• Diversification — With Binaryx, you can spread your investment across different properties. This helps reduce risk because if one property doesn't perform well, you still have other investments to rely on.

Binaryx Marketplace allows you to:

• Start investing with as little as $50 in high-yield Bali properties offering up to 22% annual percentage rate (APR).

• Benefit from the growth in property prices and earn rental income that is withdrawable whenever you need it.

• Easily sell your real estate holdings at any time through the Binaryx Secondary Market.

• Diversify your investment portfolio by spreading your funds across various properties.

• Enjoy the flexibility and potential returns of investing in real estate through Binaryx Marketplace.

Is Binaryx safe and can it be trusted?

Binaryx is a real estate tokenization and crowdinvesting platform that strives to democratize real estate investment opportunities for a broader audience. Officially registered as Binaryx Protocol DAO LLC in Wyoming, USA, the company operates from its address at 30 N Gould St Ste R, Sheridan, WY 82801, USA.

Founded on December 25, 2022, by a team of individuals including Andrew Makaveli, Dmytro Lizanets, Dmytro Zelenyi, and Oleg Kurchenko, Binaryx initially began as a decentralized derivative trading system. This early venture showcased the team's expertise in the financial sector and their vision to utilize blockchain technology for trading purposes.

However, over time, Binaryx shifted its focus towards real estate tokenization and crowdinvesting. The platform aims to establish an internationally compliant legal framework for real estate investments, providing investors with access to a diverse range of properties.

In recent developments, Binaryx has collaborated with DWF Labs to enhance the liquidity of its BNX token, a crucial aspect of financial services and blockchain operations. Furthermore, Binaryx has expanded its product offerings by launching a new game called “Pancake Mayor” on PancakeSwap's marketplace, signaling the platform's growth within the FinTech and blockchain industry.

Some of the potential reasons to believe this platform to be safe and secure are mentioned below

Pros and cons

How to start using Binaryx?

Here is a step-by-step guide on how to start using Binaryx.

Step 1: Registration and KYC

• Visit the Binaryx Marketplace website and click on "Sign up/Log in" in the upper right corner.

• Enter your email address or choose "Continue with Google" for a quicker sign-up process.

• If you already use MetaMask or another crypto wallet, you can use it on the Binaryx app too. After logging in, you'll be prompted to verify your identity through a KYC check. Click on the provided link to start the verification process, which usually takes less than 5 minutes.

Binaryx website

Binaryx website

Binaryx website

Step 2: Top Up Your Balance

• If you've logged in with MetaMask, you can skip this step if you have enough USDT on Polygon to make a purchase. Otherwise, follow these instructions:

• Click on "Wallet" in the menu after completing the identity check. This is your cryptocurrency wallet created automatically by Binaryx.

• You'll see MATIC and USDT in your wallet. USDT is used to buy real estate tokens, while MATIC is used as a fee for transactions. Click on "Receive" to find your Binaryx wallet address and send USDT from another crypto wallet.

There are three ways to get USDT

• Send USDT from another crypto wallet or exchange.

• Buy USDT directly on your wallet using a credit/debit card.

• Purchase USDT on a popular cryptocurrency exchange like Bybit.

Step 3: Buy Real Estate Tokens

• Open the page for the property you want to invest in. Here, you'll see the property price, available tokens, and a description.

• Binaryx provides two measures of real estate profitability: APR (rental income) and IRR (includes expected price growth).

• Enter the number of tokens you want to buy and click "Buy Tokens". Confirm the transaction, and you're officially a co-owner of a property in for example Bali.

Binaryx website

Congratulations! You've successfully started using Binaryx and invested in real estate tokens.

How do I withdraw my rental income from Binaryx?

To withdraw your rental income from Binaryx real estate investments, here's a simple guide:

Accumulate Rental Income

• Your rental income starts accumulating from the date when your property's rent period begins. You can find this date on the main page of the Binaryx marketplace.

• Check your total rental income balance in your Dashboard. This shows the total earnings from all your properties up to the current date.

Claim Your Earnings

• In the Dashboard, locate the "Claim All" button and click on it to withdraw your rental income.

• The withdrawn amount will be deposited into your wallet in USDT (Tether), a stablecoin.

• You have the flexibility to claim your rental income at any time, and there's no minimum withdrawal limit.

Additional Options

• If you prefer, you can transfer USDT from your Binaryx Wallet to any other crypto wallet or exchange account.

• Claiming your rental income is straightforward and can be done anytime, offering flexibility and convenience for investors.

For further assistance, you can refer to Binaryx's official guide on how to withdraw rental income.

Referral program

Let me introduce you to the Binaryx Real Estate Referral Program, which offers exciting benefits for both you and your friends. Here's how it works:

• Earn USDT by Referring Friends:

• Binaryx is introducing a comprehensive referral program for the Binaryx Marketplace.

• As a participant, you'll receive USDT rewards when your friends invest in real estate on Binaryx.

• Simply share your unique referral link with your friends, and make sure they use it when they make their investments.

How It Works

• When your referred friend buys property tokens worth, for example, $1,000, you'll earn 2% of their investment, which translates to 20 USDT.

• There's no minimum withdrawal limit, so you can claim your rewards whenever you like.

A bit about the fate of BNRX token

As of 03/15/2024, the BNRX token has not entered the external market and is processed only inside the Binaryx Platform. The expected date of the token's official listing is Q1 2024.

As a reminder, BNRX is a management and utility token of Binaryx Platform. Currently, BNRX token holders can lock their tokens in order to:

• receive rewards from the platform (in USDT);

• receive privileges when purchasing tokenized real estate, such as top positions in the queue and the best properties on the secondary market.

Token holders can also participate in the Binaryx DAO and staking.

BNRX's offering is limited to 100 million tokens. We refer the reader to the BNRX tokenomics page for more information.

Summary

Binaryx offers a unique platform for real estate investment, allowing users to buy fractional property tokens instead of whole properties. This enables investors to earn rental income and benefit from property price growth without the hassle of property management. With low investment thresholds starting at $50, users can diversify their portfolios and enjoy high-yield returns of up to 22% APR on selected properties. Additionally, Binaryx provides liquidity through its Secondary Market, allowing investors to sell their holdings at any time. The platform also offers a referral program, rewarding users for bringing in new investors. Overall, Binaryx presents a user-friendly and lucrative opportunity for both traditional real estate investors and those interested in innovative investment avenues.

Expert opinion

Anastasiia Chabaniuk Author, Financial Expert at Traders Union

Binaryx stands out as a groundbreaking platform revolutionizing real estate investment. Through fractional property tokenization, it grants accessibility and diversification to investors, eliminating the need for hefty initial investments. With its commitment to blockchain technology, Binaryx ensures transparency, compliance, and security, fostering trust among users. Offering enticing returns of up to 22% APR on selected properties, coupled with the flexibility of the Secondary Market, Binaryx empowers investors to optimize their portfolios and earn passive income effortlessly. Its referral program further incentivizes growth, reflecting its user-centric approach. In essence, Binaryx emerges as an inspiration in democratizing real estate investment, providing a seamless avenue for both seasoned investors and newcomers to thrive in the dynamic world of finance.

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Team that worked on the article

Parshwa Turakhiya

Author at Traders Union

Parshwa is a content expert and finance professional possessing deep knowledge of stock and options trading, technical and fundamental analysis, and equity research. As a Chartered Accountant Finalist, Parshwa also has expertise in Forex, crypto trading, and personal taxation. His experience is showcased by a prolific body of over 100 articles on Forex, crypto, equity, and personal finance, alongside personalized advisory roles in tax consultation.

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Dr. BJ Johnson

Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito

Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

Glossary for novice traders

Investor

An investor is an individual, who invests money in an asset with the expectation that its value would appreciate in the future. The asset can be anything, including a bond, debenture, mutual fund, equity, gold, silver, exchange-traded funds (ETFs), and real-estate property.

Cryptocurrency

Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.

Forex God

The informal term "Forex Gods" refers to highly successful and renowned forex traders such as George Soros, Bruce Kovner, and Paul Tudor Jones, who have demonstrated exceptional skills and profitability in the forex markets.

Scalping

Scalping in trading is a strategy where traders aim to make quick, small profits by executing numerous short-term trades within seconds or minutes, capitalizing on minor price fluctuations.

Options trading

Options trading is a financial derivative strategy that involves the buying and selling of options contracts, which give traders the right (but not the obligation) to buy or sell an underlying asset at a specified price, known as the strike price, before or on a predetermined expiration date. There are two main types of options: call options, which allow the holder to buy the underlying asset, and put options, which allow the holder to sell the underlying asset.