INTRODUCTION
The cryptocurrency world is currently going through a lot of evolution and growth. More professional players and ordinary users are showing interest in cryptocurrencies. Users are finding more applications with digital money in their everyday life. There are a lot of positive growth projections, and the crypto-market is gradually becoming a significant part of the world economy. The daily trade of crypto-assets generates close to 20 billion dollars. The cryptocurrency market is currently very volatile. Unfortunately, the market lacks a unified infrastructure and investors have to go on several exchanges to trade. They result to getting information and trading techniques from different sources.
The market is a very diverse one, as there are over 240 exchanges. There are over 2000 crypto coins and currencies. A lot of times, users have to joggle between these options to get the needed information and strategies. So there is really no unified information platform. Investors result to analyzing new resources and information on open sources in order to get trading techniques. This approach largely makes the trading process very long and tiresome. It also reduces the attractiveness of the market to the users, partners and traders.
In other words, traders suffer a lot of inconveniences while trading in cryptocurrency. Some of these issues are:
• The need to register on several exchanges,
• Difficulty in tracking account value and assessing returns,
• Non-comprehensive access to the assets on individual crypto exchanges,
• Limited functionalities, tools and features,
• Complex interface and inaccurate processing of transactions,
• Liability to hacks, attacks and fraud,
• Cumbersome and inefficient Know Your Customer (KYC) procedures.
Also, a lot of traders do not have enough time to spend managing their portfolios. SwapZilla is entirely in service to this kind of users to enable them to receive passive income with minimal efforts. There are several modules in this platform to provide clients with such services.
Most crypto exchanges are very keen on attracting new users and new customers. These exchanges stick to large marketing budgets in other to get these customers. SwapZilla will change this narrative by simply focusing these huge budgets on making the platform very attractive. Aside from marketing, another expenditure that takes a massive budget in most platforms is customer support. Implementing technical assistance, monitoring customers, conducting KYC procedures incur a lot of cost on the part of partners. With simple but effective KYC procedure and a single SwapZilla wallet, the platform relaxes the cost on partners. SwapZilla’s technical support is entirely self-funded.
Customers on SwapZilla have all the opportunities to make hot deals on all the exchanges connected to the platform. It is important to emphazise that it is free for crypto exchanges to link up with SwapZilla. This is a very easy way of increase the customer base of the platform.
CONCLUSION
The goal is to create an infrastructural solution to the problems highlighted above. A comprehensive understanding of the needs of these customers is the first step in achieving these objectives. This solution will meet the requirements of all the market players: private investors, professionals, stock exchanges, news outlets. The platform will provide more customers and transactions for the exchanges and B2B players.
Please find out more on this link:
Website: https://www.swapzilla.co/
Whitepaper: https://www.swapzilla.co/WhitePaper-eng.pdf
Telegram: https://t.me/swapzillachat
Twitter: https://twitter.com/swapzillaco
Facebook: https://www.facebook.com/SwapZilla-2335457683242053
AUTHORS DETAILS
Bitcointalk username- Uju4real
Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2202971
