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Getting to know Biratex

Biratex digital currency exchange platform has provided an exchange platform for you, dear users, where you can buy and sell digital currencies, such as Bitcoin, by registering and authenticating in it, and manage your assets in your own wallet. Users can easily deposit and withdraw Tomans and buy and sell digital currency in Biratex.

 

Where to start?

By going to the Biratex registration page and entering your mobile phone number and personal e-mail, you can register in Biratex and after authentication, you can deposit Tomans in your wallet and exchange on the Biratex online exchange platform. Registering, authenticating and working with Biratex site is done easily and quickly.

Why is authentication necessary?

According to the existing laws in the financial markets of the world and supporting the laws related to money laundering, authentication of users is required to prevent any possible abuse. Authentication in Biratex is done for the financial security of users, and the information that is taken from users during the authentication process is completely reserved by Biratex, and the only reason for taking this information is to ensure the security of users' assets.

 

What is digital currency?
Cryptocurrency is a form of electronic money. Digital currencies are actually currencies that are designed with encrypted protocols and their purpose is to reduce fraud and prevent forgery and currency fraud. Most cryptocurrencies are designed to be more secure, anonymous, and eliminate middlemen. There are different types of cryptocurrencies, each of which has a specific use and has been welcomed by many people around the world due to their unique features.

 

What information is required to enter the digital currency market?

Before making any investments in digital currencies, it is necessary to consider the risk of the work and also to have a relative familiarity with blockchain and digital currencies, which the blog of the Biratex platform provides you with this opportunity. As soon as you get enough information about digital currencies, you can start working with them. Using them on a small scale and in small quantities can be a good start for your work. For this purpose, Biratex digital currency exchange platform has been made available to you, where you can exchange your currencies.

How to buy on Biratex website:

After opening an account on Biratex website, authenticating and verifying the account, respected users can top up their Riyal account using the banking portal. After charging the account, you can immediately register the purchase request of the digital currency you need with the desired price and volume on the site using the ordering system and complete your order if there is a seller. After completing the purchase, the wallet related to the purchased digital currency will be charged automatically. Then, it will be possible to request the withdrawal of digital currency from the dedicated wallet of each user.

How to sell on Biratex website:
After opening an account on the Biratex site, authentication and verification of the account by the site, respected users can transfer digital currency to their wallets using a dedicated address. After the transaction is confirmed in the blockchain network, the wallet related to the transferred cryptocurrency will be charged automatically. After this stage, it is possible for the user to register the request to sell the desired cryptocurrency at the desired price and volume, and complete his order if there is a buyer. After the sale, the Riyal wallet of the user will be charged automatically. Then, it will be possible to request the withdrawal of Rials from the wallet to the bank account.
If the coin is deposited to the wrong address, is it possible to return the transaction?
Unlike traditional systems, digital currency transactions are irreversible. Sending a transaction to the wrong address means that cryptocurrency is lost forever. Be sure to check the destination address before sending the transaction so that it is exactly the same as the address of your desired wallet; Because some malware replaces the hacker's address with your desired address when copying. Also, when transferring coins, be careful to choose the correct network, in case of transferring from the wrong network, the possibility of recovering your coins is not certain and may take time, and we do not guarantee its success.
If I forgot my password, how to recover it?
If you forgot your password, just click on Forgot my password option. Then enter your email or mobile number so that the password recovery link will be sent to you. By clicking on this link, you can create a new password for yourself.
How long does it take to confirm the sale of digital currency on the network?

The duration of confirming the transaction ID in the network can last from 1 minute to 48 hours depending on the network traffic. Please be patient until the payment ID is confirmed in the blockchain network.

How is the price of Bitcoin and other digital currencies determined in Biratex?
Biratex is an online platform for exchanging digital currencies between users. The price of Bitcoin and other digital currencies, such as the stock exchange mechanism, is determined by users and Biratex is not involved in it; In fact, the purchase price of Bitcoin is the price at which buyers are willing to exchange Bitcoin and other digital currencies, and the selling price of Bitcoin is the price at which sellers are willing to exchange their Bitcoin, and these numbers, with Fluctuations in global markets and changes in user orders change. The price of the last transaction is the number that a Bitcoin seller and a Bitcoin buyer have agreed to trade with each other.