ENCRYBIT is the future of Virtual Currency Trading Exchange for Traders

wdtdico (7)in #ico • 6 years ago (edited)

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With Coin Market Cap listing of crypto coins crossing the 2000 mark, the fact is undeniable: crypto coins are here to stay.
So far, the pool of Alt coin and tokens has grown-up into a huge sea today. The virtual gold rush is upon us. For asset traders, the large array of tokens represents a chance to make revenues. This is where exchanges come in. virtual platforms that let people and companies trade their currencies. The market has grown-up vastly large. There’re literally, hundreds of asset exchanges around the globe that work 24 hours a day.

Crypto Trader Issues

With several exchanges out there, it’s surprising that, for asset traders, there’s still much left to be desired. All exchange claims it’s the finest, but until now, each has ignored 1 or more aspects of asset trading that have left money traders wanting more.

A recent crypto money exchange issue survey of some 1100 asset traders from the diff countries has revealed a few startling issues:

• 40% stated that money exchange protection is paramount.
• 37% see higher trading cost as a major obstacle, especially day asset traders who cash-out at the end of their asset trading session.
• 36% were extremely much worried about liquidity problems.
• 33% said wrong attitude and lack of accurate customer support worried them.
• 22% stated about lack of trading coin pairs, forcing them to use several exchanges.
• 21% saw the consumer interface much to complex to trade.
• 18% saw higher withdrawal cost as a hindrance.

Only 9% asset traders from the ENCRYBIT survey were either satisfied or had no information about the problems faced by other asset traders. The ENCRYBIT survey plainly indicated that advanced crypto trading platforms are not consumer friendly and lack the essential ecosystems and services to satisfy a growing trading community.

ENCRYBIT platform: Research-Based Crypto Exchange

JITEN RAJPUT (CEO of ENCRYBIT) saw the void that exchanges failed to seal. Instead of just launching and building another asset exchange, his team spent many days researching the present market. They looked at the problems from many angles, such as asset exchange trends, security, user interfaces, algorithms, and network architecture.

The outcome is their offering, ENCRYBIT, an asset exchange that’s designed not just with trading, but the asset trader in mind. CEO said about his asset exchange, “ENCRYBIT is solving a few of the most prominent issues being faced by existing crypto exchanges, such as poor and insufficient exchange UI, lack of in-built technological analysis tools major security concerns, high trading charges and the lack of an exclusive social trading reward system”

The ENCRYBIT is a contemporary asset trader’s dream come true. The ENCRYBIT platform has been designed with not just asset trades in mind, but the traders too. The ENCRYBIT platform has a few unique functions that set it apart from others:

ENCX token: The Research-Based Token

To control the ENCRYBIT exchange, the team has designed a specific token, the ENCX. It’ll be the main medium of asset exchange on the platform. The token will have a restricted supply of 270 M, of which, 172.8 M will be in the whole circulation and 162 M will be available in ICO sales, during the sale, ENCX token will be available to investors for a worth of 0.2 USD.

With a very low rate of 0.1% on asset trades, users will be capable to use the token to bring it additional down to 0.05%. TENCXs will be acquired by the platform each quarter, using 10% of its incomes and will be destroyed; making ENCX token rarer and assuring inflation doesn’t occur.

With a focus on asset traders, ENCRYBIT has the correct characteristics that’ll set it apart from other exchanges.

For more details:

• Website: https://encrybit.io/
• Whitepaper: https://encrybit.io/pdf/encrybit-wp-v1.pdf
• Twitter: https://twitter.com/enbofficial
• Facebook: https://www.facebook.com/encrybitofficial/
• Google Plus: https://plus.google.com/u/3/118077547732246268168
• LinkedIn: https://www.linkedin.com/company/encrybit
• YouTube: https://www.youtube.com/channel/UCbFGt712HrsyAMuLf3XJJng
• Reddit: https://www.reddit.com/user/encrybit
• Steemit: https://steemit.com/@encrybit
• Telegram: https://t.me/encrybit