What is Encrybit?
– ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE
Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders. Our research in cryptocurrency universe reveals that 40% cryptocurrency crowd is in insecure about the security of platform due to recent and past attacks and losses they faced. 36% still not able to figure out which exchange they prefer to trade on due to liquidity issues and its nightmare for them to transfer their assets from one to another exchange with heavy withdrawal fee. Customer support always plays vital role for successful business but though it’s found very less with cryptocurrency exchange where 37% traders in our surveys said that it’s taking way long to get query resolved on some of the exchanges and most of their queries are still remain unanswered after weeks and months.
– Encrybit the trending cryptocurrency exchange
Based on the reviews we’re getting for Encrybit, 80% find this project to be unique and conceptual for traders. We got a chance to demonstrate Encrybit exchange prototype with more than 500 proficient traders and VC’s with 70% positive responses and many of them are already involved contributing their time and assets in this project.
– Encrybit is creating war of competition among traditional exchanges
Social Trading, Smart Alert, Crypto Radar, Broad Order Book, Coin Comparison, P/L Report are some of the features which will solve most of the issues we came to know from the surveys in the market. And yes, Demo trading which will help users to self-learn and make trading strategies. In a nutshell, the functions and features we’re including are supportive and useful for every type of traders (VC’s, Professional & Beginners).
ENCRYBIT IS ALL SET TO SERVE THE MODERN EXCHNAGE PLATFORM TO CRYPTO UNIVERSE
Encrybit provides users with extensive market research tools which include data analytics, trading strategies, trade signals, cryptocurrency news, social feeds and real-time coin announcement
MODERN USER INTERFACE
Encrybit is the first cryptocurrency exchange with a modern trading platform that sets it apart from the traditional style of traditional exchanges available in the current market. The Encrybit UI/UX promises a trading experience like no other.
Encrybit developing transparent user policies with regards to the coin listing process, trading fee structure, airdrops and forks, so traders can anticipate how to deal with these events and take action to achieve the most favorable outcome.
INTERACTIVE TECH TOOLS
Encrybit is adding popular technical analysis tools for traders to study & analyze market movements and price action accurately on a single platform. Encrybit trading platform will minimize the use of API’s to trade on third party paid platforms.
Encrybit will initially be launched in English but will slowly be adapted to be fully supported by multiple language variants, which will include regional support teams. Immediate plans implements are in place to support Chinese, Japanese, Korean, Russian, French and Italian. New language support will be included depending on the number of users from a particular country.
Encrybit is including 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.
— ENCRYBIT RESEARCH
Encrybit R&D team is well organized to analyze cryptocurrency market and traders emotions about the cryptocurrency exchanges. To develop traders based exchange it’s important to point the trader’s challenges and expectation from the trading platform. Encrybit found the best way to identify the trader’s emotions and that was surveys. One of the most top successful surveys of cryptocurrency community.
SURVEY 1 – CRYPTOCURRENCY EXCHANGE PROBLEMS AND CHALLENGES
This survey was organized to collect the valuable suggestions from traders regarding the problems they are facing while trading their assets on trading platforms. With response of over 1100+ participants Encrybit is considering the traders thoughts to create future of cryptocurrency exchange. Survey timeline and insights.
SURVEY 2 – CRYPTOCURRENCY EXCHANGE EVALUATION SURVEY 2018 GLOBAL ANALYSIS & INSIGHTS
Cryptocurrency Exchange Evaluation Survey was conducted among traders to collect exhaustive details on advanced trading features, personal preferences and expectation from exchanges. With massive response of 11k+ traders around the globe from 167 countries, Encrybit will be the first cryptocurrency exchange that will change the way of trading because it’s all based on the thought of traders survey timeline and insights.
– GLIMPSE OF ENCRYBIT TRADING PLATFORM
In-Depth SOCIAL TRADING
social trading will allow traders to follow, share and copy the trading strategy of other traders on the platform.
BROAD ORDER BOOK
Advance version of order books facilitating the process to select best time to enter in trade for short term traders by availing in depth information of orders that is set for buy and sell.
Utilizing smart alerts will allow traders to set notifications on price movements of coins at specific price levels, informing users through email and in-app notifications.
Traders will be able to see profit and loss reports in BI (Business Intelligence) format, this will help them to make better trading strategies.
Analyze the price movement in certain amount of time with technical indicators to make excellent entries into trades.
ADVANCED ORDER SUMMARY
Detail descriptions of your current orders, trade positions, portfolio data and ROI in both BTC and USDT values.
Compare up to three different coins with each other with line chart utilizing Relative Strength Comparison tool.
Instant access to news and social media updates on all the coins on your watch list.
CHAT & DISCUSS
Join coin specific chat rooms where traders can share their thoughts, screenshots and ideas for any coin. Each coin have its own chat group.
SCREENSHOT & SHARE
Click photo of the trading screen and share it among social media or third party discussion portal. User can share it with Encrybit chat groups.
Traders will be able to view and analyze multiple coins (up to 6) charts in the same window.
PAPER / DEMO TRADING
Paper trading will allows traders to trade using dummy money on live data. It will help traders to test their trading strategies and allowing beginners to self-educate about trading.
TRAILING STOP LOSS
Users will be able to set trailing stop losses on their trades allowing them to automatically adjust stop loss as price action moves higher or lower