ENCRYBIT Platform Revealed Real-time Crypto Trading Exchange Concerns — Survey Insights

The crypto money exchange issue internet survey was conducted by “ENCRYBIT Platform — the Next level of Exchange” via Google forms.

About ENCRYBIT Platform

ENCRYBIT Platform is an upcoming crypto money trading exchange platform. The team behind ENCRYBIT Platform is an amalgamation of Crypto money and Block-chain experts who’re dedicated to creating the planet’s finest exchange.

Purpose of the ENCRYBIT Platform Survey

The crypto money system is still in its early on stages and current crypto exchange platforms are evolving steadily in the face of unprecedented demand.

So far there remain significant issues in these centralized crypto exchange platforms that need to be conquer in order to earn the faith of both seasoned asset traders and newcomers alike, who’re willing to deal but are hindered by the Wild West attitude of several money exchanges where “Enter at Your Own risk” looks to be the motto.

Poor customer service, Steep learning curves, fear of loss and several other issues are holding back the accurate potential of this marketplace. In order to overcome these obstacles, a cutting-edge, secure exchange platform is desperately required.

The ENCRYBIT Platform team has done in-depth research into the technological needs for a next-gen exchange. Their prototype platform is already implementing functions not available elsewhere and they are confident you’re going to love it!

So then they wanted to go additional and gather ideas and opinions from the people who matter most— you, the asset trading community — in order to additional improve their platform.

ENCRYBIT Platform survey asked for an opinion from asset traders regarding the issues they face using present asset trading platforms and also, which new functions they’d love to see.

The ENCRYBIT Platform vision is to build the “People’s digital money Exchange” and in response to their first ever ENCRYBIT Platform survey, the asset community didn’t disappoint.

In Summary

They had a huge response from over 1100 contributors in total, which meant they could have a lofty confidence level that the outcomes were a statistically large representation of the crypto money trading community.

They asked about present problems faced by users of digital currency exchanges and suggestions and advice on how to get better things. A few headline findings were as follows:

Top complaints at ENCRYBIT Platform Survey:

• Security
• Higher trading fees
• Lack of liquidity

Most used digital money exchanges:
• BINANCE,
• HUOBI
• OKEX

Most wanted functions:
• Simplicity
• Expedited withdrawals
• Enhanced security

Key takeaways

Though most traders will use more than1 trading exchange, the present winners in this pasture are BINANCE, HUOBI, and OKEX and it was interesting that every of these had a specific cause attached as to why they were most applied. None of the trading exchanges encompassed all needs. There’s clearly a need for a money exchange that can offer all stated advantages under a single roof.

The main concerns for asset traders came as no surprise, with safety, high fees and absence of liquidity coming high of the list. ENCRYBIT Platform is working hard to solve these problems which are often fighting against outside pressures
However, concerns such as unfriendly user-interfaces, poor customer service and unprincipled behavior from trading exchange operators certainly have no place in this marketplace. These aspects are completely down to broke operating practices and ENCRYBIT Platform is committed to bringing you a new sort of experience, free of such Issus.

Several other desired functions were mentioned by their survey respondents, indicators and user interface developments, encompassing charting, though it was noted that a few respondents didn’t answer these questions, suggesting that this section had no particular comments about these subjects.

This’d be explained by a number of traders being more casual, needing just simple functionality. Rest assured, ENCRYBIT Platform aims to cater to the informal trader who needs a simple to navigate trading platform. At the similar time, ENCRYBIT Platform will provide powered-up, cutting-edge functions for expert traders who need the complete range of technical analysis tools and fundamentals info at their fingertips.

• Website: https://encrybit.io/
• Whitepaper: https://encrybit.io/pdf/encrybit-wp-v1.pdf
• Telegram: https://t.me/encrybit
• Twitter: https://twitter.com/enbofficial

Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1352940;sa=summary