In just the last two years, cryptocurrency has witnessed rapid growth and adoption. With the rapid growth there has also been an increase in cryptocurrency trading and thus cryptocurrency exchanges have witnessed an explosion of sorts too. Volume has been steadily increasing and trading is on the rise. A host of exchanges have sprung up and seen a lot of success but there is still space for expansion and innovation.
This brings us to Bithemoth - An exchange that believes in making crypto trading accessible to everyone.
Overview:
Bithemoth’s goal is to create an all-encompassing cryptocurrency exchange which will refine how cryptocurrencies are traded. The exchange aims to be
an all-inclusive cryptocurrency exchange platform that’s designed to reinvent and reshape the market. The Bithemoth platform aims to take its users’ security very seriously and go the extra mile to provide high-quality assistance. They will eventually empower users to obtain the very best from their crypto-holdings and financial investments. This means hardware wallet support in the future, clever trading tools and assistance, ICO incubator integration, a comprehensive crypto-marketplace, and payment cards.
Apart from an amazing team at its helm, Bithemoth has a host of powerful features that put them a cut above other exchanges. Let’s get into them:
Key Features
Simple Portfolio Management:
Bithemoth provides its users with a fascinating suite of portfolio management tools which allows users to manage all of their investments in a seamless and hassle-free manner. Their database seamlessly and automatically indicates all your trading statistics so you don’t have to bother about manually calculating anything, Phew! This database includes info such as Average Buy-Ins, Profit/Loss BTC, Profit/Loss USDT, and a host of other helpful features. Tracking your portfolio is now a cakewalk.
Enhanced Security with Hardware Wallet Integration:
There’s no better way to be safe on an exchange than integrating your hardware wallet such as a ledger or a trezor. It adds an unparalleled level of security and is honestly a necessity in the crypto world in my opinion. It’s refreshing to not that Bithemoth takes its users security seriously and are working on several new ways of integrating enhanced security measures for all its users. Through hardware wallet integration users can store their coins offline and still interact with the Bithemoth platform simply by logging in. Risk is now a thing of the past.
Entry Made Easy with Fiat-To-Crypto Trading:
Accessibility is key when it comes to the future of blockchain technology. And Bithemoth believes in making simplicity a key feature for its users. To achieve their goal, they plan to give their users as many options as they can when it comes to entering markets. Fiat integration as well as through other options will gives users on Bithemoth an array or entry points to choose from.
Marketplace and Beyond:
Bithemoth intends to go beyond just trading crypto assets. Liquidity is the need of the hour and Bithemoth wants to create a marketplace that enable their users to use their assets to purchase goods and services. This buying and selling of goods and purchases can be facilitated through their marketplace using cryptocurrency. In the future, their marketplace will grow to include larger companies and corporations who will be verified sellers on their platform.
The Bithemoth Debit Card:
Bithemoth is integrating an active infrastructure to which will give users access to their crypto and enable to make payments in the real world with their Bithemoth Debit Card. This will expedite the whole payment process and eliminate the tedious and time-consuming process of accessing your account to withdraw or transfer funds. Liquiding via Bithemoth will be quick and seamless.
Roadmap:
Tokenomics:
Final Thoughts:
I believe that Bithemoth has a clear vision and an important one at that: to redefine how crypto is traded. Through innovation and insight, Bithemoth is going to incorporate countless features which will enable it to set itself apart from the clutter of other platforms out there. With a great team and path-breaking exchange, it will not satisfy the needs of traditional investors but simplify the process so that even newer ones can be a part of it.
Cheers!
Follow me on twitter: https://twitter.com/SomePokerGuy
Useful Links:
Website: https://bithemoth.com/
Whitepaper: https://bithemoth.com/whitepaper.php
Ann thread :https://bitcointalk.org/index.php?topic=3311741.0
Twitter:https://twitter.com/bithemoth?lang=en
Instagram: https://www.instagram.com/bithemoth/?hl=en
Youtube: https://www.youtube.com/channel/UCndzKrOwSjnWVQQCnthWoNA
Disclaimer: Part of the article group