The cryptocurrency world have become so popular and it is drastically increasing and at same time expanding speedily. The trading aspect of it in different kinds of exchanges is also increasing although it has it's ups and downs.
The markets is always fluctuating and it is bleeding seriously hard now but not withstanding the bulls will eventually make their entry once more and by then the cryptocurrency world will be a trillion dollar industry by 2020.
In trading cryptocurrencies currently,it is becoming a crucial method and this is because almost everybody wants to stay ahead and maximize his gains in the market.
With the current market fluctuation on the cryptocurrency prices ,holding a particular cryptocurrency has never been a good thing to do and this is because you may end up missing out on a lot of opportunities that would have fetch you a reasonable sum amount of money or even a better opportunity.
Currently,it is really pretty easy to start trading on different exchanges as there are lots of cryptocurrency exchanges where these cryptocurrencies are listed specifically for trading purposes.
However,the cryptocurrency trading volume on these exchanges has drastically reduced judging from 2017 overall market cap and the number of active users on these third party platforms has grow steadily throughout this period.
Millions of users are looking for an essential tool in this third party trading platform and these have help them to generate profits in the cryptocurrency market. This whole issues simply means that the traders are finding the current cryptocurrency trading platforms inadequate to make their numerous decisions.
So,this is the main reason behind the creation of the Encrybit platform. The platform have found those things that people are expected to see in a trading platform but most times they don't and they left disappointed and this particular issue have caused them to look for third party software to provide their expectations.
The platform will be solving almost all the major issues that is existing in the cryptocurrency exchanges and this issues are the main reason why many people decided to choose third party charting platforms.
The platform is going to create a new future of cryptocurrency exchanges and it will handle the problems that results in the best trading experience.
They will make available an impressive tools which can be selected from the trading tab,fantastic information and learning section regarding the cryptocurrency space,an amazing user interface that is very much easy to use engaging and profitable. The platform have its users concern in mind and it is going to provide the following
Smart social trading platform
Smart alerts
Optimized and simplified trading platform with an easy and attractive user interface.
Spectrum of technical analysis tools
Trading rewards
Broad order book
Demo trading
Profit and loss reporting
Transparent policies
Multi tier security
FEATURES OF THE PLATFORM
{1} Interactive technical tool-.. Unlike order trading exchanges where traders rely on the exchange to analyze a particular token,the encrybit platform included a 20+ real time technical analysis tools that will impress the traders. The platform will also minimize the use of third party applications and software.
{2} Spectrum order book-.. This is a comprehensive out look of the bid and prize at different order levels. The book also show refection and support prizes of a coin. This book will really help the traders in decision making for a short term trade over particular coin.
{3} Fast order matching Engine-.. Millions of cryptocurrency exchanges are slow in matching orders. The speed of any cryptocurrency exchange platform really play a very vital role in its operational value.
They are many exchanges built with fragile IT infrastructure ,this kind of exchanges cannot handle load of an increasing traffic on their website. The encrybit platform is built with a very strong IT infrastructure and they can handle any amount of traffic and have a fast matching order engine.
{4} Smart alerts for price movement-.. The encrybit platform is going to add the smart alert feature in order for the traders to be able to set reminders or alarms on specific price movement with a straight notification through SMS.
{5} Social trading feature-.. This plays a very vital role in forex exchanges and it is the most favourite feature for many traders on exchanges. It is used to educate beginners to get started with live trading on any exchange. So it defines the relationship between the expert traders and the follower.
THE ENCRYBIT TOKENS
The encrybit token is an ethereum standard token which is represented as ENCX and it is a utility token utilized for ICO and exchange operations.
TOKEN ALLOCATION
Token identifiers--- ENCX
Token type--- ERC20 utility
Total token supply--- 279,000,000
Token price --- 0.2$
Soft cap-- 5.4 million USD
Hard cap-- 32.4 million USD
ROADMAP
CONCLUSION
This is the next generation cryptocurrency exchange particularly built from the advice of traders. The team members are made up of experience professionals that is really good in what they do.
It is a revolutionary trading platform that have the ability to fetch the attention of the community,traders and the investors from around the globe. The platform is focused mainly on developing a secure cryptocurrency exchange that does not compromise on agility or user friendliness.
It is an interesting platform that offers a streamlined experience for traders to research,analyze and trade with ease and insight. If you are interested and would like to be part of this awesome project ,please the door is wide open just follow the links below for further details.
USEFUL LINKS
Website--- https://encrybit.io/
Twitter--- https://twitter.com/enbofficial
Facebook--- https://www.facebook.com/encrybitofficial/
Linkedin--- https://www.linkedin.com/company/encrybit
Steemit--- https://steemit.com/@encrybit
Telegram-- https://t.me/encrybit
Medium-- https://medium.com/@enbofficial
Reddit--- https://www.reddit.com/user/encrybit
Author details
Bitcointalk username--- ifeoma
Bitcointalk profile link--- https://bitcointalk.org/index.php?action=profile;u=1616375
