Improving Efficiency on the Burency Exchange Using BUY Tokens

One of the suggestions that have been floated by experts in the crypto world is to decouple ETH and BTC pairings. Instead, exchanges should offer more fiat and stablecoin pairings. This will make it easy for traders to buy the amount of BTC or ETH they need first. The result is reduced transactional complexity, which will help to improve the uptake of crypto.

Burency has a simple goal of making trading crypto simple, transparent, and accessible. It wants to ensure that newbies and experienced traders have an easy time joining the platform. As a result, the exchange has come up with mechanisms that ensure transactions take place as smoothly as possible.

To make transactions on the exchange easy, the exchange will use the BUY token. These tokens are easy to buy with various options such as credit cards. They will be intermediaries for every trade on the exchange. Burency plans to allow the price of the tokes to fluctuate naturally, thus ensuring buyers get a fair amount of crypto for the fiat they spend on the BUY tokens. It will ensure that newbies do not spend too much time trying to understand complex conversions just to access their favorite coin.