Challenges of Trading that the PINT platform tackles

We have come a long way since the advent of blockchain. In the recent years, the decentralized network has seen wide adoption. But when it comes to crypto trading, users face certain challenges on the regular basis that make crypto trading a nightmare for most traders/users. PINT is a P2P crypto trading platform that is designed and put in place to tackle these challenges and give users a seamless trust-backed trading experience.

1. Lack of Security and Privacy: It is generally seen in the crypto space that most trading platforms are plagued by the lack of security and offer users next to nothing privacy. It happens too often that users fall prey to potential hacking attacks and identity theft on the blockchain network. In order to mitigate these issues, the PINT wallet does not store user's sensitive details on a cloud-based server. Also, being an HD wallet, PINT is capable of generating multiple receiving addresses for the user in order to protect their identity. Further, the platform's integrated P2P marketplace, PINTP2P is equipped with VPN/Tor support to promote an anonymous trading experience. Moreover, PINT wallet offers its market-first Anti-Theft Wipe functionality that helps users to remotely delete the wallet data from their stolen device, which goes a long way towards ensuring security of user's cryptocurrencies.

2. Need for multiple wallets for multiple currencies: Due to most crypto wallets supporting a particular currency, crypto users are always at a disadvantage and need multiple wallets to manage the multiple currencies they own. With the PINT wallet supporting six major blockchain and four major ERC20 tokens (more to be added as soon as possible), the PINT platform eliminates the aforementioned hassle. Also, through in-wallet currency swaps, the PINT wallet lets users to easily swap between two cryptocurrencies without the need exiting the platform.

3. Complex and delayed transactions: It is one of the most prominent challenges that crypto users face today. Sometimes users have to wait for days to have a confirmation on the success of their transactions. On top of that, most platforms have functionalities that are a challenge for early users. In order to tackle these issues, the PINT platform is designed so simple that even an absolute beginner can navigate their way around it. Further, through its P2P marketplace (PINTP2P), the platform eliminates the delays caused by the involvement of third parties.

4. Lack of Fiat-Crypto exchanges: Crypto-Fiat trading is the essence of crypto trading. But, unfortunately for crypto users, there are only a handful of platforms that facilitate Crypto-Fiat exchanges and vice-versa. The PINT platform is an attempt towards breaking the monopoly of such already-existing platform through Fiat support. Also, with support in most countries, the PINT platform offers a free-from-regulations trading experience.

5. Platform-controlled trading: People choose blockchain and crypto because of the freedom that comes from decentralization. However, despite running on decentralized network, most platforms tend to control the way users trade their assets by enforcing limits and regulations. The PINT platform, on the other hand, hands the control over to the users. On PINTP2P, users get to decide the speed of their transactions, the max/min transaction limits and their own modes of payment. PINT does not support the idea of centralized prices in a decentralized ecosystem. Also, through integration with Changelly, the PINT platform offers the most competitive exchange rates throughout the industry.