Binaryx.com Reviews

Based on looking at the website, Binaryx.com positions itself as a real estate investing platform designed to make property ownership accessible to a broader audience, starting with an entry point as low as $50. The core offering revolves around fractional ownership of yield-generating rental properties, primarily located in popular tourist destinations like Bali, Indonesia, with plans for expansion into Montenegro and Europe.

The platform aims to simplify real estate investment by handling paperwork, property management, and tenant sourcing through a network of real estate experts, law firms, and property management companies.

Investors, referred to as “landlords,” can purchase “fractions” or “tokens” representing their share of a property and subsequently earn passive income from rental yields, with the potential for value appreciation.

Binaryx leverages a unique legal framework involving DAO LLCs registered in Wyoming, USA, to facilitate this collective ownership model, ensuring legal compliance and investor rights.

The site emphasizes daily rental payouts, a flexible exit strategy via a secondary market, and a transparent tracking of earnings.

The platform addresses common barriers to traditional real estate investment, such as high entry costs and the complexities of property management, by offering a “hands-off” approach.

It highlights attractive annual rental returns, with historical data suggesting figures up to 16.3%, and projected value growth.

Binaryx aims to democratize real estate investment, allowing individuals with smaller budgets to participate in a market traditionally reserved for the affluent.

While the platform offers a compelling proposition, it’s crucial for prospective investors to delve into the operational specifics, legal structure, and associated risks, especially given the innovative use of tokenization and the geographical focus on emerging real estate markets.

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IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Understanding Binaryx.com’s Core Offering: Fractional Real Estate Investment

Binaryx.com introduces a modern approach to real estate investment, allowing individuals to own a slice of a property rather than the entire asset.

This fractional ownership model is built on the premise of making high-yield real estate accessible to a broader investor base.

What is Fractional Ownership in Real Estate?

Fractional ownership, as presented by Binaryx, means you buy a small portion of a property, akin to buying shares in a company.

Instead of requiring hundreds of thousands of dollars to purchase a whole house, you can invest as little as $50 to become a co-owner.

This model democratizes access to real estate, enabling portfolio diversification even for those with limited capital.

The idea is to pool funds from multiple investors to acquire a high-value property, with each investor receiving a proportional share of the rental income and potential property appreciation.

How Binaryx.com Implements This Model

Binaryx.com tokenizes real estate properties, converting them into digital tokens or “fractions.” Each token represents a verifiable share of ownership in a specific property.

When investors purchase these tokens, they become co-owners of a legally registered entity a DAO LLC in Wyoming, USA that holds the title to the physical property.

This digital representation simplifies transactions, making it easier to buy, sell, and manage ownership.

The platform handles the complexities of property acquisition, legal registration, and ongoing management, presenting a seamless experience for the investor. Nanofoamer.com Reviews

The Benefits of Investing in Fractions

• Accessibility: The primary benefit is the low entry barrier, starting at just $50, which opens up real estate investment to almost anyone.
• Diversification: Investors can spread their capital across multiple properties and locations, reducing risk compared to owning a single, whole property.
• Passive Income: Binaryx.com emphasizes “instant rent income” and aims for high annual rental returns, meaning investors can earn consistently without active management.
• Liquidity: The platform features a secondary market, allowing investors to sell their fractions with “just a few clicks,” offering a level of liquidity not typically found in traditional real estate.
• No Management Hassle: All property management, tenant sourcing, and maintenance are handled by Binaryx’s network of professionals, freeing investors from the operational burdens of being a landlord.

The Legal and Operational Framework of Binaryx.com

A critical aspect of any investment platform is its underlying legal and operational structure.

Binaryx.com has laid out a specific framework, leveraging innovative legislation in the United States.

The Wyoming DAO LLC Structure

Binaryx.com utilizes the Distributed Autonomous Organization DAO LLC framework, specifically pioneered in Wyoming, USA.

For each property listed on the platform, a new DAO LLC is registered in Wyoming.

Investors who purchase fractions effectively become co-owners of this LLC.

This structure provides a legally recognized entity that owns the physical property, ensuring that investors’ ownership rights are grounded in established law.

The platform states, “Your ownership right is guaranteed by the United States law,” providing a layer of legal assurance.

This approach aims to bridge the gap between traditional real estate and digital asset ownership, offering clarity and protection to investors.

How Properties are Sourced and Managed

Binaryx.com emphasizes a “zero paperwork and no landlord management headache” approach. Their process involves several key steps:

1. Property Sourcing and Vetting: Real estate experts identify and thoroughly vet buy-to-let properties with high annualized rent yields. This includes assessing market demand, potential for appreciation, and rental profitability.
2. Listing on Marketplace: Once vetted, the property is listed on the Binaryx marketplace, where investors can browse details, projected returns, and purchase fractions.
3. Local Partners and Management: After the property collects the necessary investment, local real estate partners, law firms, and property management companies handle the acquisition, legal documentation, tenant placement, and ongoing property maintenance. This robust ecosystem is designed to ensure the property is well-managed and generates consistent rental income. For example, property management companies “take care of properties and collect rent payments,” ensuring a continuous revenue stream for investors.

Transparency and Accountability

Binaryx.com highlights several mechanisms to ensure transparency and accountability: Oslo.com Reviews

• Real-Time Earnings Tracking: The platform allows investors to track their earnings in real-time, providing clear visibility into their investment performance.
• Detailed Property Information: Each property listing includes key metrics such as projected annual rental return, value growth, and the number of landlords.
• Legal Documentation: The emphasis on US-based DAO LLCs and compliance with local legal frameworks is intended to provide a clear legal trail for ownership. The website even provides a link to check their official registration as “Binaryx Protocol DAO LLC | 2023-001254053” in Wyoming.
• Customer Support: The platform advertises 24/7 support and the ability to open support tickets for issues like rejected KYC or transaction delays, indicating a commitment to investor assistance.

Investment Performance and Returns on Binaryx.com

One of the most appealing aspects of Binaryx.com, as highlighted on their homepage, is the promise of significant passive income and capital appreciation from real estate investments. They present compelling data on projected returns.

Projected Annual Returns and Value Growth

Binaryx.com showcases impressive figures, stating that investors can “earn up to 16.3% annual rental return” and experience “projected value growth” often around 10% to 15%. They even combine these, showing a “Total Annual Return” that can reach up to 28.1% based on historical yield data for all properties on the platform.

For instance, specific past properties listed:

• Kammora Living: Annual Rental Return 12%, Projected Value Growth 10%
• Tropical Loft villa 2: Annual Rental Return 11.65%, Projected Value Growth 10%
• Karra Loft 5 Apartments: Annual Rental Return 16.3%, Projected Value Growth 15%

These figures suggest a robust potential for both consistent income and capital appreciation, making the platform attractive for those seeking high-yield investments.

Understanding APR vs. IRR

Binaryx.com clarifies its profitability metrics:

• APR Annual Percentage Rate: This represents the direct rental income you receive. If the APR is 12% on a $50 fraction, you would accumulate $6 per year from rent. This is the amount that accrues in your account daily and can be withdrawn anytime.
• IRR Internal Rate of Return: This is a more comprehensive metric that includes both the APR rental income and the expected price increase of the property. For example, if the APR is 12% and the IRR is 22%, the remaining 10% represents the projected capital appreciation of your fraction.

This distinction is important for investors to understand the two main ways they can benefit: immediate cash flow from rent and long-term wealth growth from property value increases.

Daily Rental Payouts and Withdrawal Process

A notable feature is the promise of “daily rental payouts.” Rental income accumulates daily from the property’s rent start date, as indicated on the marketplace.

Investors can view their “Total Rent Balance” in their account and “Claim All” to withdraw their earnings.

Withdrawals are processed in USDT Tether, a stablecoin pegged to the US dollar and are available anytime with no minimum limit.

This frequent payout schedule and flexible withdrawal option enhance the liquidity and accessibility of returns for investors. Parachute360.com Reviews

User Experience and Accessibility on Binaryx.com

Binaryx.com places a strong emphasis on creating an intuitive and accessible platform for investors, particularly those new to real estate or fractional ownership.

Streamlined Investment Process

The platform outlines a simple, four-step process for becoming a landlord and earning rent revenue digitally:

1. Sign up and pass verification KYC: This initial step involves standard identity verification to ensure legal compliance, typically taking under 5 minutes. The KYC process is crucial as property fraction holders are registered as real estate owners in official documents.
2. Select a ready-to-rent property: Investors can browse the marketplace to choose from vetted properties, viewing detailed information on each.
3. Top up with EUR, USD, or USDT: The platform offers multiple fiat and crypto funding options for convenience.
4. Buy fractions starting at just $50: This low entry point is a key differentiator, making real estate investment widely accessible.

This straightforward approach minimizes friction for new users, removing traditional complexities associated with property transactions.

User Interface and Information Presentation

The website’s design appears clean and user-friendly, with clear headings, prominent calls to action, and intuitive navigation.

Key information like projected returns, property details, and key numbers are presented in an easily digestible format.

For example, the “Sold and Rented” section displays properties with their key statistics like “Rental Return” and “Value Growth” prominently.

The inclusion of an “explanation video from our CEO Oleg Kurchenko” further enhances the user experience by providing a visual and guided tour of the platform’s functionality.

Customer Support and Resources

Binaryx.com indicates robust customer support. They offer:

• 24/7 Support: Availability through live chat and support tickets for various inquiries, including KYC issues or transaction problems.
• FAQ Section: A comprehensive FAQ covers general inquiries, legal aspects, marketplace specifics, and troubleshooting, providing immediate answers to common questions.
• Beginner’s Guide and How-to Guide: These resources, available in multiple languages English, Ukrainian, Russian, provide step-by-step instructions for investing, making it easier for new users to navigate the platform.
• Community: The platform mentions a “70K+ Binaryx community,” suggesting avenues for peer support and information sharing, although the specifics of this community e.g., forum, social media groups are not detailed on the homepage.

The focus on clear instructions, accessible support, and informative resources aims to build trust and empower users to confidently engage with the platform.

Geographic Focus and Expansion Plans

Binaryx.com’s current and future operational scope is strategically focused on high-growth real estate markets, aiming to maximize investor returns and diversify portfolio options. Stats.com Reviews

Current Market: Bali, Indonesia

The platform explicitly states its starting point is Bali, Indonesia.

This choice is deliberate, as Bali’s real estate market “demonstrates the highest profitability and appreciates rapidly.” The examples of “Sold and Rented” properties on the homepage, such as “Kammora Living,” “Tropical Loft villa 2,” and “Karra Loft 5 Apartments,” are all located in Bali, reinforcing this initial focus.

Bali is a globally recognized tourist destination, which typically translates to high demand for rental properties, particularly luxury villas and apartments, aligning with Binaryx’s strategy for consistent rental income.

Future Expansion: Montenegro, Dubai, and the USA

Binaryx.com has clear expansion plans, with “coming soon” announcements for:

• Montenegro: Slated for Q4 2024. Montenegro, particularly its coastal regions, has become an increasingly popular destination for tourism and investment, offering potential for both rental income and capital appreciation.
• Dubai, UAE: Also planned for Q4 2024. Dubai is a global hub for luxury real estate and attracts a significant international investor base, known for high rental yields and consistent property value growth.
• USA: Set for Q4 2025. While Binaryx Protocol DAO LLC is registered in Wyoming, USA, the platform currently states it “can’t offer our services to the citizens of the USA due to strict regulations in the United States.” This future expansion into the US market as a property source would significantly broaden its portfolio, provided regulatory challenges are navigated.

This planned geographical diversification is a key advantage for investors, as it allows them to spread their investments across different economic and real estate cycles, mitigating regional risks and potentially enhancing overall portfolio performance.

It aligns with sound investment principles of not putting all your eggs in one basket.

The Rationale Behind Geographic Choices

The selection of these locations seems to be driven by:

• High Rental Demand: Tourist hotspots like Bali, Montenegro, and Dubai typically have strong rental markets, ensuring consistent occupancy and income for investors.
• Property Value Appreciation: These markets have shown historical trends of significant property value growth, offering potential capital gains for investors.
• Investment Potential: Emerging markets or established global hubs often present more attractive entry points and higher growth ceilings compared to saturated markets.
• Diversification for Investors: Expanding to different continents and economic zones allows Binaryx.com to offer diverse investment opportunities, catering to various investor preferences and risk appetites.

The Role of Technology and Tokenization in Binaryx.com

Binaryx.com heavily relies on technology, specifically tokenization and potentially blockchain, to facilitate its fractional real estate investment model.

This integration aims to bring efficiency, transparency, and liquidity to an otherwise traditional asset class.

Tokenization of Real Estate

The core technological innovation is the tokenization of real estate. Binaryx converts physical property ownership into digital tokens or “fractions.” These tokens represent a verifiable share of ownership in the underlying asset the property owned by the DAO LLC. This process, often leveraging blockchain technology, enables: Caticature.com Reviews

• Fractional Ownership: As discussed, it allows for easy division of property into small, tradable units.
• Enhanced Liquidity: Tokens can be traded on a secondary market much more easily than physical property deeds, offering investors a faster exit strategy.
• Transparency: Blockchain’s distributed ledger technology can record all ownership transfers and transactions in a transparent and immutable manner, increasing trust.
• Reduced Transaction Costs: By streamlining processes, tokenization can potentially lower the administrative and legal costs associated with traditional real estate transactions.

The website explicitly mentions that “tokens” represent “official property ownership,” and that the process “complies with US law and all targeted local legal frameworks worldwide,” highlighting the legal backing of their technological approach.

Smart Contracts and Payouts

While not explicitly detailing the underlying blockchain, the mention of “USDT stablecoins” for payouts and “renting smart contract” suggests the use of smart contracts on a blockchain.

Smart contracts are self-executing contracts with the terms of the agreement directly written into code. In Binaryx’s context, a smart contract could:

• Automate Rental Income Distribution: Ensure that the “remaining 80%” of rental income after fees for partners and Binaryx is “exchanged for USDT stablecoins and are locked in the renting smart contract for the rental period,” then automatically distributed proportionally to fraction holders. This reduces manual intervention and potential delays.
• Govern Ownership and Transactions: Facilitate the buying and selling of fractions on the secondary market in an automated and secure way.
• Enhance Trust: By codifying the rules, smart contracts minimize the need for intermediaries and build trust in the automated execution of agreements.

Cybersecurity and Data Protection

The website mentions “Security Audit” and “AML Policy” in its footer, indicating that Binaryx is aware of and implements measures for cybersecurity and regulatory compliance.

Given that investors are transferring funds and sharing personal identity information KYC, strong security protocols are paramount.

While specifics of their security infrastructure are not detailed on the homepage, the mere mention implies an effort to protect investor data and assets.

Integration with Web3 Wallets

The investment process mentions “Open the Marketplace and connect your wallet,” implying compatibility with Web3 wallets.

This allows users to directly interact with the platform using their existing cryptocurrency wallets, streamlining the investment process for those already familiar with the crypto ecosystem.

This also suggests the platform is built on a blockchain infrastructure that supports these wallet types.

Risk Assessment and Disclaimers on Binaryx.com

Like any investment, those offered on Binaryx.com carry inherent risks. Reconwithme.com Reviews

The platform acknowledges these and provides disclaimers, which are crucial for prospective investors to understand.

General Investment Risks

Binaryx.com explicitly states, “All investments involve risk and may result in partial or total loss.” This is a standard and honest disclosure that applies to any investment vehicle.

They further elaborate on the specific risks related to real estate:

• Market Fluctuations: “Investing in real estate, like other fields, is inherently risky and unpredictable. The real estate industry has its ups and downs, and the value of any real property may decline at any time.” This acknowledges that property values are not guaranteed to always increase and can be subject to market downturns.
• No Guaranteed Performance: “Binaryx Platform does not guarantee any investment performance, outcome, or return of capital for any investment opportunity presented on this site.” This is a critical point. while projected returns are provided, they are not guaranteed. Past performance is not indicative of future results.
• Liquidity Risk: While a secondary market is offered for flexible exit, there’s no guarantee that there will always be a buyer for your fractions at your desired price or at all times. The disclaimer advises, “Prospective investors are advised to review all available information and consult with their tax and legal advisors before making an investment decision.”

Technology-Specific Risks

Given the use of tokenization and potentially blockchain technology, Binaryx.com also highlights technology-related risks:

• Third-Party Technologies/Protocols: “Binaryx Platform may use third-party technologies or protocols. Users are responsible for understanding the risks associated with the use of such technologies, including but not limited to losses, fluctuations in token prices, and potential risks presented by various interfaces.” This indicates that investors also bear the risk associated with the underlying technological infrastructure, which could be subject to vulnerabilities or technical issues.
• “As Is” Basis: The platform is provided “as is,” at the user’s own risk, and without warranties of any kind. This means Binaryx does not offer guarantees regarding the flawless operation or performance of its technological platform.

Regulatory and Legal Disclaimers

Binaryx.com makes important legal disclosures regarding its status:

• Not a Broker-Dealer or Investment Advisor: “Binaryx Protocol DAO LLC is not a registered broker-dealer or investment advisor. Binaryx does not provide investment advice, endorsement, or recommendations with respect to any properties listed on this site.” This is crucial. Investors should understand that Binaryx is a platform facilitating investments, not providing personalized financial guidance.
• Informational Purposes Only: “The information provided on this website is for informational purposes only and should not be construed as an offer to sell, solicitation of an offer to buy, or a recommendation for any security.” This reinforces that users must conduct their own due diligence.
• Consult Financial Advisor: The platform advises, “It is advised to consult with licensed legal professionals and investment advisors for legal, tax, insurance, or investment advice before making any investment decision.” This is a strong recommendation for investors to seek independent, professional advice before committing funds.

These disclaimers are standard for investment platforms and highlight the importance of individual investor responsibility.

It’s a clear signal that while the platform aims to simplify investment, the onus is on the investor to understand and accept the inherent risks.

Competitive Advantages and Market Positioning

Its competitive advantages stem from its innovative approach and targeted offerings.

Low Entry Barrier and Accessibility

Perhaps the most significant competitive advantage is the $50 minimum investment. This dramatically lowers the barrier to entry for real estate, a market traditionally known for requiring substantial capital. This makes real estate investment accessible to:

• Small Investors: Individuals with limited disposable income who were previously excluded from direct property ownership.
• New Investors: Those looking to dip their toes into real estate without committing a large sum.
• Diversifiers: Investors who want to add real estate to their portfolio but don’t want to concentrate too much capital in a single asset.

This accessibility directly challenges the perception that real estate is exclusively for the “affluent,” as stated on their site. Chronic-kidney-disease.com Reviews

Passive Income and “Hands-Off” Management

The promise of a truly passive income stream is a powerful draw. By handling all aspects of property management—from sourcing and vetting to tenant management and maintenance—Binaryx.com frees investors from the burdens typically associated with being a landlord. This caters to:

• Busy Professionals: Individuals who lack the time or expertise for active property management.
• Remote Investors: Those who want to invest in properties geographically distant from them without logistical concerns.
• Convenience Seekers: Investors prioritizing ease of use and minimal operational involvement.

The platform streamlines the entire process, effectively acting as an end-to-end solution for fractional property investment.

Liquidity through Secondary Market

Traditional real estate is notoriously illiquid. Selling a property can take months, if not years. Binaryx.com addresses this by offering a secondary market where investors can sell their fractions “with just a few clicks.” While subject to market demand, this feature significantly enhances the liquidity of what is typically an illiquid asset, offering investors more flexibility to retrieve their investments. This is a considerable advantage over direct property ownership or even some real estate investment trusts REITs which might have longer redemption periods.

Global Opportunities with Local Expertise

The strategic focus on high-growth international markets like Bali, Montenegro, and Dubai, combined with local real estate expertise, provides investors with opportunities they might not easily access otherwise.

Binaryx leverages a network of local partners real estate agents, law firms, property management companies to manage properties in these regions.

This blend of global reach and localized operational expertise ensures that properties are well-managed and adhere to local regulations, giving investors confidence in geographically diverse holdings.

Transparency and Regulatory Compliance Wyoming DAO LLC

The transparent legal framework, leveraging the Wyoming DAO LLC structure, adds a layer of credibility and investor protection. By grounding digital fractional ownership in a recognized legal entity under US law, Binaryx.com attempts to mitigate some of the regulatory ambiguities often associated with tokenized assets. The 24/7 support and detailed FAQ also contribute to transparency, aiming to keep investors informed and supported.

Potential Challenges and Considerations for Investors

While Binaryx.com presents an attractive proposition, like any investment platform, it comes with its own set of challenges and considerations that prospective investors should thoroughly evaluate.

Regulatory Landscape and Evolving Laws

While Wyoming has pioneering legislation, the broader legal and regulatory framework for tokenized assets globally is still being developed.

Changes in laws or interpretations, particularly in the various jurisdictions where properties are located or investors reside, could impact the platform’s operations or the legal standing of fractional ownership. Dialogtab.com Reviews

Liquidity on the Secondary Market

While the existence of a secondary market offers liquidity, the actual liquidity depends entirely on demand. If there aren’t enough buyers for a particular property’s fractions, or if market conditions are unfavorable, selling your investment quickly or at your desired price might be challenging. The phrase “flexible exit” is positive, but the actual flexibility is contingent on market activity. Investors should consider the potential for slower exits in less active markets.

Centralization vs. Decentralization in DAO Model

While Binaryx uses the term “DAO LLC,” it’s important to understand the degree of decentralization.

The website states that “Every DAO member can influence the organization’s governance by submitting proposals to the DAO’s general membership meeting.” However, the operational control and management of properties appear to be centralized through Binaryx’s network of experts and partners.

Investors should clarify the extent of their governance rights and how decisions e.g., property management changes, fee adjustments, selling a property are truly made and voted upon within the DAO structure.

A less decentralized model might imply a higher reliance on Binaryx’s management team.

Dependence on Binaryx’s Management and Expertise

Investors are essentially relying on Binaryx.com’s ability to:

• Source high-yield properties: The success hinges on their experts consistently identifying and acquiring profitable assets.
• Manage properties effectively: The quality of local property management significantly impacts rental income and property value.
• Maintain legal and regulatory compliance: Any lapse could jeopardize the legal status of the investments.
• Operate the secondary market: The platform’s technical stability and fair operation of the secondary market are crucial for investor trust and liquidity.

A failure in any of these areas could directly impact investor returns and the overall viability of the investment.

Fees and Commission Structure

The website mentions that “Partners will hold part of the property’s rental income.

The default option is 18%, but this can be changed through the Property DAO.” Additionally, “The Binaryx platform will hold a flat 2% of the rental income.” There’s also a “commission on the secondary market sale.” While these fees are disclosed, investors should fully understand the cumulative impact of these percentages on their net returns.

High management fees, even if standard for the industry, can erode profitability over time. Bydesign.com Reviews

Geographical Risk in Emerging Markets

While Bali, Montenegro, and potentially Dubai offer high growth, they also carry specific geographical and geopolitical risks.

Economic instability, changes in tourism trends, natural disasters, or shifts in local regulations in these regions could impact property values and rental demand.

Investors should be aware of these specific risks associated with international real estate markets, which might differ from more stable, developed markets.

For example, a sudden downturn in tourism in Bali could significantly affect rental occupancy rates and income.

Frequently Asked Questions

What is Binaryx.com?

Binaryx.com is a real estate investing platform that allows individuals to gain passive income by investing in fractional ownership of rental properties worldwide, starting from as little as $50.

How does fractional real estate ownership work on Binaryx?

Fractional ownership on Binaryx means you buy a small portion or “fraction” / “token” of a property, rather than the entire asset.

Each fraction represents a share of ownership in a legally registered DAO LLC that owns the physical property.

What is the minimum investment required on Binaryx.com?

The minimum investment on Binaryx.com is just $50, making real estate investment highly accessible.

How do I earn passive income with Binaryx Platform?

You earn passive income through rental income distributed proportionally based on the number of fractions you own.

Additionally, there’s potential for capital appreciation as the property’s value increases over time. Vcetrainer.com Reviews

When will I start earning income after investing?

Rental income typically starts accumulating daily from the apartment’s rent start date, which is indicated on the Marketplace for each property.

What are the main metrics for profitability on Binaryx APR and IRR?

Binaryx uses APR Annual Percentage Rate for rental income and IRR Internal Rate of Return which includes both APR and the projected price increase for the property in a year.

How often are rental incomes paid out?

Rental income accrues daily, and you can withdraw it anytime from your account in USDT.

How do I withdraw my earnings from Binaryx.com?

You can withdraw your rental income by going to your account, viewing your “Total Rent Balance,” and clicking “Claim All” to receive the money in your wallet in USDT. There is no minimum withdrawal limit.

What is the legal framework of Binaryx Platform?

Binaryx Platform leverages innovative legislation in Wyoming, USA, establishing a new DAO LLC for each property.

Investors become co-owners of this LLC, and their ownership rights are guaranteed by US law.

Is Binaryx Platform regulated?

Binaryx Protocol DAO LLC is registered in Wyoming, USA.

However, it’s important to note that Binaryx Protocol DAO LLC is not a registered broker-dealer or investment advisor and does not provide investment advice.

In what countries is Binaryx Platform currently available for investors?

Citizens of 200+ countries worldwide can pass identity checks and invest.

However, due to strict regulations, services are currently unavailable to citizens of the USA. Spiritune.com Reviews

What locations does Binaryx Platform offer properties in?

Currently, Binaryx primarily offers properties in Bali, Indonesia.

They plan to expand to Montenegro and Dubai in Q4 2024, and the USA in Q4 2025.

How can I sell my real estate fractions on Binaryx?

You can sell your property fractions on the Secondary Market page by leaving a sell order. There is a commission on secondary market sales.

Is there a risk of the property not being rented out?

Binaryx aims to pick attractive locations with high rent demand and states that situations where an apartment is not rented out are “unlikely.” However, like in traditional real estate, income will not accumulate if the apartment is vacant.

Does Binaryx handle property management?

Yes, Binaryx handles all property management, including finding tenants, managing maintenance, and collecting rent payments, through a network of local real estate experts and property management companies.

Why do I need to complete a KYC Know Your Customer verification?

KYC is required because when you buy fractions, you become a co-owner of the property in the real world, and your name is registered in official documents.

This ensures your legal ownership and complies with regulatory requirements.

What happens if my KYC is rejected?

If your KYC is rejected, you can try again with another document, ensuring it meets all requirements high-quality photo, clear corners, no forgery. If issues persist, you can open a support ticket for investigation.

What are the fees associated with investing on Binaryx?

From the rental income, a default of 18% goes to partners for their services, and a flat 2% goes to the Binaryx platform.

There is also a commission on secondary market sales. Carity.com Reviews

Is my investment guaranteed to earn the projected returns?

No, Binaryx Platform does not guarantee any investment performance, outcome, or return of capital.

All investments involve risk and may result in partial or total loss.

Projected returns are based on historical data but are not indicative of future results.

Can I really influence the property’s governance as a DAO member?

Binaryx states that every DAO member can influence the organization’s governance by submitting proposals to the DAO’s general membership meeting.

The extent of this influence and the decision-making process would be detailed further in their full legal documentation.