ENCRYBIT: THE BEST ALL-IN-ONE FEATURE ENRICHED CRYPTOCURRENCY TRADING PLATFORM

hiboat (5)in #ico • 6 years ago

Before we dive into the ENCRYBIT review, let’s have a general look at the crypto market and the problems faced on exchanges.

The cryptocurrency market has seen vast expansion in the last two years with continued increase in market capitalization and in the number of cryptocurrency coins and tokens (which collectively total more than 1,850). This is a result of media hype and media coverage of the crypto market, as well as its unregulated nature that has allowed vast participation by even the most uninformed of retail investors.

This is not surprising as the crypto market far outpaced other markets by staggering amounts. Some cryptocoins gained as much as 20,000% between 2016 and 2017.

THE PROBLEM

The lure of quick and supposedly easy money has not only caught the attention of genuine companies and investors in this space, but has also attracted nefarious entities who want to grab a share of this market. With no regulation to check what is coming into this market as an investment product, a lot of scams have taken over. This poses a real problem in the crypto exchanges and the market at large.

We now have a situation where many scam crypto exchanges are mostly common, and the majority of crypto investors are afraid, unsophisticated investors without the knowledge of how to decipher the scam crypto investments from the real ones.

Lack of regulation in the market and exchanges has also created a situation where there is no trust entity to validate the thousands of new cryptocurrency-based products that are entering the marketplace on a daily basis.

Trusted and accurate information channels that can serve as valid sources of informative and educational content for the unsophisticated, retail investors are lacking.

What is the end result? Many cryptocurrency traders have lost and are still losing money in the crypto market.
High transaction fee after a successful trading is another challenge on the cryptocurrency exchanges, lack of security, liquidity, and so on.

THE SOLUTION

I can assure you that the solution is here right in our hands, a sustainable solution that I have know is no other one than ENCRYBIT.

What this phrase; “The Best All-in-One Feature Enriched Cryptocurrency Trading Platform” connote in this context is that; ENCRYBIT team knows about the importance of supporting the customers in their issues and is committed to providing the best quality support and quick solutions. The ENCRYBIT management team members are coming from software/marketing background where successfully served in the global market providing software and eCommerce solutions from over a decade of time.

ENCRYBIT is a "results-oriented" company and therefore the team already made its vast research for security concerns, considering the past few incidents where exchanges had attacks causing platform users heavy losses. The team concluded that major vulnerabilities in successful attacks were found to be in API transportation. Attacking API and Web Service protocols are the simplest ways for hackers to get control of transactions and get in the system. API is utilized for algorithms and third party trading application where it opens a pool of connections, therefore, less secured is a connection more are the chances of successful attacks. And definitely, team behind ENCRYBIT is doing its best to fight against such on this new enriched cryptocurrency trading platform.

The ENCRYBIT revenue model includes the small amount of fees coming from various transaction and coin listing fee.
The main headquarter of ENCRYBIT is located at Hong Kong.