The cryptocurrency world has indeed undergone several milestones of development which has led to the emergence of several cryptocurrency trading platforms created by a series of institutions, organizations, and co-operation.
These entities that have come up with several cryptocurrency trading platforms are engaged in different forms of innovative means which does not only serve the needs people but also help to create an all-encompassing blockchain trading platform.
Every Organization has its own system of operating a trading platform.
Most current trading platforms managed by some organizations are all base on the traditional system of operation which seems to prioritize almost everything in a hierarchical manner. This is more or less like, the higher you are the more benefits you gain as an investor and I see this system as being weak and unfair. I am not trying to condemn the good works of these trading platforms. Of course, I do appreciate their work but what I want to spread across the board is that some of these cryptocurrency trading platforms seem to leave some stones in the blockchain space when applying basic business ethics to develop users’ application.
It is against this backdrop that the team members of Bithemoth seek to improve so that new investors, entrepreneurs, and other experienced traders can enjoy highly flexible, fast and secure environment that is inherently laden with familiar features.
CHALLENGES OF THE TRADITIONAL CRYPTO TRADING PLATFORMS
One cannot dispute the fact that traditional crypto trading platform has helped individuals in several ways, however, there are some drawbacks that prevent it from coining out the best possible benefits that blockchain technology can give to its community. This has created a whole lot of concerns in the cryptocurrency trading and ICO market and I think it is high time I throw more light on some of the issues that militate against the growth of existing exchange platforms. Bithemoth is here to strive hard to provide working solutions using a user-friendly and fully licensed to ensure that these issues are mitigated. The issues confronting existing exchange platforms are described as follows;
- Difficulties signing up and depositing funds into exchange platforms;
Many individuals (new investors) lose their zeal and will to engage in trading cryptocurrency due to the cumbersome and tedious nature of the current exchange platforms. These new investors are faced with a lot of issues for just creating an account with the exchange platforms. This makes it difficult for them to deposit funds into these exchange platforms in other to be able to carry out with their trading activities. One will be able to create an account to deposit funds but it is rather unfortunate the time taken to create the account is really stressful. This issue sometimes denies these new investors the opportunity to grab some huge rise in a particular cryptocurrency since the cryptocurrency market is continually changing. You can imagine a technical team with very skillful managers but fail to address this issue. - The issue of Poorly designed U.I’s;
Almost every exchange platform has some unique features of their exchange site in terms of designs and demarcations. Unfortunately, here is the case where these exchange sites are poorly designed with archaic features. The platform when visited is bogged down with chunks of numbers and chart which appears very difficult to understand making it user unfriendly. This issue brings about the inability of an amateur investor to learn the ropes of becoming a professional investor. - Poor Customers
The most important entity that will make every exchange platform thrive well and standout in the crypto world is the customers. With a decline in the number of customers visiting the platform, you rest assured that the overall performance of the exchange platform would be affected. This is the case where these current exchange platforms are embedded with unresponsive support teams to rude staff members making customers wallow in the sea of poor customer service and support.
SOLUTIONS THAT BITHEMOTH OFFERS
We cannot dispute the fact that a lot of companies have come up with interesting solutions which are of blockchain base to help solve problems that humans are facing when it comes to cryptocurrency trading. Some of these blockchain solutions are in existence as they are used in real life situations.
The bithemoth project is based on building the world’s decentralized exchange platform by solving the various problems above using blockchain technology.
- Bithemoth seeks to provide a permanent solution to the Trading blockchain world firstly by integrating measures that grant users full control of their trading both when online and offline. By so doing, bithemoth will streamline a signup process that will provide a world-class support to new investors and others who trade in cryptocurrency. Streamlining a sign-up process will not only make it easier to create an account but will also go a long way to reduce the verification time significantly. With this initiative in place, investors are guaranteed of a seamless and fast platform for trading.
- A distinguishing feature of bithemoth platform that will help investors trade smoothly on exchange platforms is simple portfolio management. This feature will help do away with poorly designed UIs that are found in modern existing exchange platforms. Bithemoth will integrate a quick and easy portfolio management tools that will allow users to manage and take charge of their own investments without any difficulties. The tool is made in such a way that it will clearly indicate all trading statistics automatically. With this tool in place, amateur investors can easily learn the ropes to becoming a professional investor. Again, Bithemoth intends to explain its U.I system by releasing releasing a series of videos to ensure that anyone pursuing Bithemoth will be able to make full use of all their unique features. These videos will go a long way to explain how our features operate, so that amateur investors will learn everything they need to know even without going through a mentorship class.
- Finally, Bithemoth always place value on the trading experience of investors, which is why it is maintaining a pleasant trading environment for its users. Bithemoth has realized that having a world class support team cannot be overemphasized as far as trading cryptocurrency is concern.
In a bid to confront this challenge, Bithemoth intends to hire top-class customer service experts to work in its customer service unit. These experts will be adequately trained and certified to handle customers’ queries and complaints. Bithemoth will make it a point of duty to train and retain our customer service team, and the fees will be borne by Bithemoth. To make this initiative a success, Bithemoth will only select the best candidates for the job to reduce the waiting time that users will get a response from us. Once users have reported an issue, our customer care will respond to the complaint as fast as is humanly possible.
TOKENS
ROADMAP
TEAM MEMBERS
Below are few of the team members please refer to the whitepaper or website to get to know the full team behind this amazing project.
For more information about Bithemoth Project, kindly follow the following links below;
Bithemoth website; https://bithemoth.com/
Bithemoth whitepaper link; https://bithemoth.com/whitepaper.php
Bithemoth facebook link; https://facebook.com/bithemoth
Bithemoth twitter link; https://twitter.com/bithemoth
Bithemoth telegram link; https://t.me/bithemoth
Authorship
Bitcointalk username; Mary Ofosuhene
Bitcointalk profile link; https://bitcointalk.org/index.php?action=profile;u=1523326
Disclaimer: This blog is Part of the ARTICLE GROUP