The crypto market is quite different and tougher than other markets. There are many people that do venture into trading of cryptocurrency without knowing the crypto market is complicate and diversify. The crypto market is highly volatile and if you fail to stay updated at every seconds and minutes, you might lose your investment in just a bit. So therefore, if you want to remain at the top of your trading business, you must have an infrastructure that will keep updating you what is happening in the crypto market from time to time.
THE CRYPTO MARKET
All thanks goes to the brain behind the innovation of blockchain and cryptocurrency which has opened a new avenue of investment. The crypto market has grown even beyond many of us dream about; at as of today, the crypto market now worth over two hundred billion dollars ($200B), having more than two thousands (2000) coins and tokens trading in more than 500 Exchange. Taking a look at these records, you will surely agree with me that the crypto market is very complicated.
CHALLENGES TRADERS ARE FACING IN THE CRYPTO MARKET
A good trader don't trade a single coin or token, rather they trade different coins and tokens in different exchange. This means traders will have to create an account on all the exchange that listed the pairs of the particular coins and tokens they want to be trading. The logic of signing up for many Exchange is a big task for the traders, they will be login and logout every seconds just to hit their target. Managing multiple accounts on different exchanges is not an easy task, it brings confusion. It is also unfortunate that some of these Exchange do list an incomplete crypto assets pairs. Just as a case of VDY token; Gate.io Exchange listed only USDT/VDY pairs, while other Exchange like Huobi listed BTC/VDY pairs. This means that if I want to trade USDT/VDY, I will go to Gate.io Exchange and if I want to trade BTC/VDY, I will have to go to Huobi Exchange. All these processes will definitely limit my chance of making profits. Other challenges traders are facing in the crypto market is that most of the present cryptocurrency exchange has limited functions and tools that enhance a profitable trading, some of these Exchange are not user friendly and majority traders find it difficult to use. The issue of undergoing kyc verification from one Exchange to another is an issue which we should not underemphasize. All these challenges need a solution and the solution to be gave birth to a platform called SwapZilla
SwapZilla Token (SWZL)
The SwapZilla platform has launched their own native token, a utility token and it will be used to enjoy the services of SwapZilla platform. The SWZL token will be used to pay for commission for accessing some features of the platform.
Though there are so many reasons why you must hold SWZL token
As a holder of SWZL token, you will enjoy up to 50% discount while paying for SwapZilla's commissions.
All interested investors can buy the SWZL token from their website directly during their pre sale which is on for now. Though they are also planning to organize an IEO from 7th February - 7th May 2020. The price of SWZL has been scheduled to be 1 SWZL = $1
IN CONCLUSION
As a cryptocurrency traders, we should all be happy that a project like SwapZilla came into existence. The platform is going to offer us an amazing services which will make us get access to the crypto assets we all wish to trade. Their ideas will limit us from the stress of managing multiple accounts. This will make things easier for us to quickly know the Exchange that suits the particular coin or token you want to trade. Let supports this project to make sure their purpose is accomplished.
Minor tokens and coins are difficult to exchange.
SwapZilla Solution
We are building a financial institution that provides contributors with the necessary and up-to-date market infrastructure.
Registration
Single window access to almost all crypto assets
Search for the best offers
Low commissions for our users
Ability to trade large volumes without making losses (cascade orders)
Access to margin trading
Internal clearing
Mirror trading (copying the strategies of the most successful traders)
Passive income with auto-arbitrage and crypto deposits
Client receives a comprehensive service, access to any type of crypto asset, and unique trading terms.
The SwapZilla trading platform is the most flexible modular system available that can be customized for each individual user. The user independently selects and connects all the necessary elements of the system: modules, screens, and tools.
Team.
Advisory Board
Trading crypto on various exchanges was not a walk in the park for me. This is mainly because I have to manage multiple accounts on these different exchanges. Not only is this time consuming, it is sometimes very uncomfortable.
🔗 The exchanges I am involved in are less than five, and the cryptos listed on them are not all coins in the crypto space. I therefore have no access to the full list of crypto assets in the crypto space, which limits the chances of expanding my trading experience.
🔗 As a crypto trader, I need access to various trading tools to help me improve my trading. This exchange, in which I am involved, does not usually offer all the necessary tools and functions, which in turn is very limiting.
🔗 We know the problem of malicious hacks and fraudulent crypto exchange activities all too well. Some of the biggest hacks in the crypto space have burdened numerous traders with incredibly large losses, which is frustrating.
🔗 It is important that the crypto exchange carries out verification procedures to ensure the security of their platforms. However, some of the crypto exchanges have long and complex KYC (Know Your Customer) procedures that are time consuming and sometimes annoying.
CONCLUSION.
Find out more about Swapzilla on its website and other social media sites to learn more about this amazing project and how you can contribute to its success.
🔗 WEBSITE: https://www.swapzilla.co/index.html
🔗 WHITEPAPER: https://www.swapzilla.co/WhitePaper-eng.pdf
🔗 BITCOINTALK: https : //bitcointalk.org/index.php? topic = 5190107.0
🔗 TWITTER: https://twitter.com/swapzillaco
🔗 TELEGRAM: https://t.me/SwapZilla
🔗 FACEBOOK: https://www.facebook.com/SwapZilla-2335457683242053
🔗 MEDIUM: https: // medium .com / @ swapzilla
🔗 REDDIT: https://www.reddit.com/user/swapzilla
Author:
Bitcointalk username: aqib180
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1398375