PCEX Member, India’s first B2B cryptocurrency exchange, has partnered with Franchise India for strengthening its business horizon. Through this partnership, PCEX Member aims to invite businesses and individuals to join as a franchise and start their own business in the world of the crypto market.
PCEX Member began its operations as the first crypto broker in India in June 2020. It has emerged as one of the leading players in the crypto trading space. Also, PCEX Member is the first cryptocurrency trading platform in the country that has launched the stock market business model in the cryptocurrency market.
PCEX Member has a network of over 250 franchisees/sub-brokers and more than 35,000 clients from all corners of India.
Sandeep Phogat, CEO & Founder of PCEX Member, said, “The stock market is at its saturation stage and the competition in the market is growing day by day. So, the chances of growth in this market for even an established company have reduced to just 10-12% and this rate will gradually reduce in the coming days or years. As the crypto market is quite new, the chances of growth for any enterprise are up to 300%. Our business model can help in achieving that success in a very short duration of time.”
PCEX Member’s B2B Franchise Model
Through its B2B Franchise Model, PCEX Member has tried to reach to companies and enterprises that want to start their own business in this revolutionary financial market. PCEX Member is among those rare cryptocurrency exchanges that require minimum investments for franchisees that are willing to start their own business in the crypto market.
It invites companies and enterprises to join as Master Franchise, Franchise, and Freelancer, and earn up to 60%, 40%, and 20% commission respectively.
Being in this business for just six months, PCEX Member has been successful in maintaining a large number of franchisees/sub-broker that are helping the brand expand through different regions and cities.
In fact, PCEX Member becomes the first cryptocurrency broker in India that has more than 40 physical offices in different regions.
Sandeep stated, “We understand that in India cryptocurrencies enjoy a high degree of popularity just among certain sections. One of the reasons we believe behind this is because not a large population is still familiar with cryptos in India. Through our platform, we want to introduce cryptos as an investment option to 130 billion Indians by educating the investor community and people about the potential of digital assets and giving them multiple profitable investment options just like the stock market.”
“Cryptocurrency is the future of finance. It has the potential to give livelihood to a large percentage of the population. Understanding its potential, countries like Singapore, USA, UK, Japan, China has already regularized cryptocurrency trading and I think it's time for India too to strengthen the country’s economic scenario,” he added.
