As we all know that whenever there’s a hard fork event, there’s always modifications on a certain code level with the introduction of a new blockchain version which works both on a new and old path an allows coin holders hold equivalent amount of the new coin from the blockchain, however, it has been noticed that coin/token holders find it difficult to get their airdrop tokens on exchange wallets because the exchange holds the ownership of this forked coins and they decide whether or not to issue them to users or not as a result of their ambiguous policies but users find it easy to get their forked coins in non-exchange wallets because they’re in control of their private keys.
How does Encrybit plan to take care of this issue?
Encrybit has a plan for valuable forks and airdrops which would be distributed among token/coin holders. Encrybit will announce the fork and the processes of claiming them on its support desk. This would not only notify the coin holders about the upcoming fork or details but also enlighten them on how to claim the forked tokens which is absent in most exchanges.
Check my previous posts on Encrybit exchange here, here, here and here.
We also know that for traders, coin/token movement is always a big challenge to them because it deprives them of the chance to rest or take a break with the fear of missing an opportunity or getting losses.
But on Encrybit exchange, traders need not have sleepless nights or unrest because of price movement with the advent of the smart alert feature by Encrybit which is absent on most exchange platforms we are used to.
Traders only need to set alarms or reminders or alarms on a specific price movement will give them a notification via App notification, SMS, exchange website or email. These reminders can be set up for both up and down trend movements in price with the option of setting multiple reminders for several prices. This option will be visible in the Active section where users can modify it to their required taste while triggered reminders will be available at Triggered section.
With this feature in place, then traders can go on with their normal daily activities and come back to trading when their attention is being called by the reminder, thereby making trading experience awesome.
Watch out for more posts on Encrybit exchange, however if you have any enquiry to make about this exchange or its ICO, feel free to check the links below;
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