We already know the growing demands of Bitcoin, Ethereum, and the crypto world. Due to the growing demands, it becomes a little difficult to conduct exchanges on these platforms as there will be no improvement coming up to us. Because of these reasons, nowadays, exchanges are conducted on any insecure platform where there is less security as well as a poor system for
support and assistance. The users involved have struggled enough to find a way and they have come up with an effective and proper solution for the purpose. Bitmora is one such open platform which aims at helping the people and bringing them what they deserve.
Introduction
If we browse the Internet today, the search results will net us thousands of cryptocurrency exchange options. Now that the search list pops up with so many options, it becomes a little difficult for us to understand which platform is going to bring us the ultimate trading environment.
Bitmora, as mentioned, also serves an exchange platform. Apart from that, it looks forward to taking care of the major hiccups happening so frequently. It plans to wipe off the pestilence that the crypto world is suffering from as for now. Another reason to hook up with Bitmora is the cost-effective fee structure it brings to notice.
It supports both i.e. a desktop as well as an app version. Out of all the features that it offers, it also provides the users with a democratic option under which the Bitmora ecosystem operates. It also voices it opinion to bring up improvement and advanced features on the platform. Later, this suggestion coming up from Bitmora is brought up to the users with the help of live poll who take the further decision of whether or not to implement the suggested modifications.
The Working of Bitmora
As we already know now about the democratic exchange facility it offers to the users, the Bitmora ecosystem also gives full privilege to the users to process investments in the platform as well.
The online polling process conducted by Bitmora for the users helps in suggesting and adding up new and exciting features to the platform. This is better as every user will have the opportunity to suggest their ideas to the suggestion board at the other end. Well, we can call it a filter process.
The features Bitmora
Your Voice will be taken into consideration: The Bitmora team works to stretch out its supporting hand for the members of the community. Now, they can also put up their suggestions and request any kind of changes. Everything will be heard and taken into account.
Security is ensured: This is the primary segment of Bitmora. Security is definitely something that all of us look for and Bitmora puts up all the dedication so that the members get the best security services. This will carry an advantage too and that is, the tight security will help in ensuring that no funds are mishandled.
The Outstanding Network: The bad old days are long gone now and today, technology itself speaks of its wonders. The Bitmora system works at an ultrasonic speed so that it becomes flexible for the users to get access to what they want.
Here is how the voting system works
The voting systems filter the suggestions of the users that they think are better for the crypto world. The suggestions are passed through a litmus test in which the popular opinion gets the majority of votes.
At first, the member puts up a suggestion to the suggestion board present on the other end.
Then, the suggestions will further receive votes and the top twenty suggestions that will get the maximum number of up-votes will be forwarded to the voting group which is, of course, a private group.
It is not over yet. The voting group will then judge the suggestions and there has to be a 50% approval from the voting team and only then the given suggestion will be passed onto the Influencer Group.
Then the Influencer Group will choose the five best suggestions out of the lot and then pass it on to the Advising Board.
The advising board will further hold up the process and will hold votes for each of the suggestions. Finally, all these advice will be transferred to the executive team for the final knockdown.
Now, the Executive team can do two things. First, it can successfully pass the suggestion and the change will be applied with immediate effect. The second is, it can decline the suggestion by putting up a proper paper statement stating the reason for declining the suggestion. It will further have a side panel with the Influencer and Advising board to have their opinion regarding the same and how to proceed ahead.
The Final Verdict
As far as the story of Bitmora is concerned, it is genuinely worth the wait and definitely opens up a lot of possibilities for the users. The users can have the privilege to offer their suggestion and bring forward the change in the crypto world. Nobody could ever think of such a brilliant idea. This brings me to the conclusion and to pin up the fact in the display board that Bitmora is surely going to be a help to many and is definitely one of the biggest innovations that have popped up so far.