ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: ENCRYBIT. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
Encrybit exchange is the first research-based company, that has carried out so many research's and succesful surveys among over 12k cryptocurrency traders in over 167 countries. Encrybit exchange is on a mission to provide users with a simple, reliable and low-cost service to use, buy, sell, and trade various crypto assets, from range of countries. Encrybit token known as ENCX will be the utility token of the Encrybit platform.
Encrybit exchnage makes available to its users with extensive market research tools which include data analytics, trading strategies, trade signals, cryptocurrency news and so many others you can think of. Encrybit surveys corroborated this trend in the users, finding alot of things that people expect from trading platforms but often being left disappointed, causing them to look for third-party software to provide for these expectations instead. Encrybit is preparing to solve almost all the major issues of existing cryptocurrency exchanges, which push the traders to use this third-party software. The main reasons why people choose third-party charting platforms are:
TA tools are not enough to make a proper analysis;
The chart is not clear and most of the times too small;
The trading UI is confusing and not user-friendly.
Here are some of the problems facing the crypto exchanges of today.
High Trading Fees: Popular exchanges can charge between 0.5% to 3% in fees.
Security: So many Exchanges do not have a strong security to protect users assets.
Poor User Interface: There are so many crypto exchanges that has a poor User-interface which makes it difficult for users to Navigate through the platform.
SOLUTIONS ENCRYBIT EXCHANGE OFFERS
High Security: Encrybit exchange offers users with top notch security, and uses ISO/IEC (International Electrotechnical Commission) 27001:2013 CSS (Cyber security standards) and CCSS (cryptocurrency security standards) for platform infrastructure. ISO/IEC 27001 specifies a management system to bring information security under management manifest control.
Modern User Interface: Encrybit exchange has a well designed User interface that makes the trading experience enjoyable and convenient for Traders. The Encrybit UI/UX promises a trading experience like no other.
Multilingual Support: Unlike so many other traditional cryptocurrency exchanges, the Encrybit exchange will support so many languages such as Chinese, Japanese, Korean, Russian, French and Italian. New language support will be included depending on the number of users from a particular country. The Default Language of the Encrybit exchange will be English.
Transparency: The Encrybit exchange will make every operationcarried out on the platform transparent to every user, such as coin listing process, trading fee structure, airdrops and Bounties.
Withdrawal Fees: Encrybit exchange makes it possible for traders to pay 50% less if you pay your fees with the ENCX Tokens.
FEATURES OF ENCRYBIT EXCHANGE
This feature will allow users to trade on the Encrybit platform with virtual currencies, giving them the opportunity to practise different trading startegies and also explore the platform
This feature makes it possible for users to set trailing stop losses on their trades
This feature makes it possible for traders to monitor different trading pairs on the same window. No need for minimization.
SCREENSHOT AND SHARE:
With this feature you can screenshot your current trading window
CHAT AND DISCUSS:
This feature allows traders to chat and discuss about trades and strategies
PROFIT AND LOSS REPORTS:
Traders will be able to see the profit and loss reports presented in Business format.
This feature allows traders to set notifications on price changes.
Token Symbol: ENCX
Token Type: Utility
Platform: Ethereum (ERC-20)
Total Supply: 200,000,000 ENCX
Circulating Supply: 172,800,000 ENCX
Token Price: $0.2 USD
Soft Cap: $5,400,000 USD
Hard Cap: $32,400,000 USD
Accepting: ETH, BTC
PRIVATE SALE DETAILS
Token Available for Private Sale: 27,000,000 ENXC
Private sale Ends: DEC- 03 - 2018
Accepting: BTC , ETH
50% of Tokens for sale
2% Referrals and Bounties
10% of Initial Investors
10% of ongoing development funds
15% Administrator and Support
13% Security and Audit
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
The ENCX coin intends to become the main element of the entire Encrybit system. The use of ENCX will allow to carry out a huge number of actions related primarily to the collection of commissions and all exchange processes. For more information, please visit;
white paper: https://encrybit.io/pdf/encrybit-wp-v1.pdf