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Bithemoth: A decentralized exchange platform based on blockchain

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Greeting to you my friends, you are welcome to yet another amazing edition of my article review. Just as I have taken it upon myself to provide you with useful information’s and latest technological happenings all across the world's globe in my article reviews, today I will be writing a brief overview on a very important project known as Bithemoth.
The world has gradually slipped from the days of analogy to this present era of digital innovation and advancement of modern sophisticated technology. blockchain technology is gradually becoming the cornerstone of modern innovative technology and has the vision to revolutionize the world.
However, the introduction of cryptocurrency to the online trading ecosystem has so far gained a lot of acceptance with the number of daily online cryptocurrency users rising tremendously. Amidst all this, online trading has been plagued with a lot of errors and these challenges have resulted in the vulnerability of online traders to easily trade crypto. These errors prompted the fast establishment of Bithemoth, a platform that aims to empower users and same time solve the current exchange errors.
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Current exchange challenges

Slow platform speed: this error is one of the most dreadful challenges investors and already existing platform users face daily. The already existing currency exchanges are fraught with slow transaction speed which always results in massive losses.
Unfriendly customer service: users of this already existing platforms are faced with ill customer service and support. The crypto-market exchange lacks quality world class team. These investors are exposed to unresponsive support teams and rude staff members.
Insecurity: existing exchange platforms care less about customers security and this automatically exposes a user to fraud and hacks. As an investor, one of the core need and concern is the security of an exchange.
Complexity: investors and users of the already existing platforms find it very tedious and cumbersome to sign-up and deposit funds. Writing from experience, it takes days and at times weeks to get verified on an exchange.

Bithemoth Overview

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Bithemoth is a South African registered company established to bring a lasting solution to crypto-market errors and empower users. Since it takes a lot of skills and experience to trade cryptocurrency, the bithemoth platform will integrate crypto trading for mainstream adoption. The team behind the establishment of bithemoth has the vision to create a user-friendly system that incorporates both traditional markets and the blockchain based assets.

What can bithmoth offer?

The bithemoth platform is uniquely designed to offer vast services for its user such as:
• Fast and intuitive exchange.
• A rich trading platform embedded with digital asset investment opportunities.
• A turnkey ICO Incubator

Features

Ecosystem (an exchange, a trading platform and a complete ICO Incubator)
Direct payment. (cryptocurrency and fiat support)
GUI trading
Decentralization

Bithemoth fundamentals

Fiat and cryptocurrency deposit: Bithemoth will enable cryptocurrency and fiat currency deposit and give users the opportunity to make deposits using vast channels(links) like SEPA transfer, SWIFT transfer, local bank deposit, E-wallet and finally credit card.
Smart contracts: Bithemoth users will be provided with automated low-fee transactions by utilizing smart contracts which will provide a higher level of security.
ICO Incubator: Bithemoth aims to give vetted ICPOs access to transparent secured funding rounds by creating a powerful turnkey ICO incubator.

Bithemoth coin (BHM)

Bithemoth coin (BHM) will be the token that would be used in the Bithemoth ecosystem serving as a fuel to an effective running of the platform. BHM coins will be used to pay for fees on the exchange platform which includes exchange fees, withdrawal fees and listing fees. An amount of 200 000 000(two hundred million) coins will be created on the platform. BHM token will effectively run utilizing the Ethereum blockchain (ERC 20).
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lick on the link below for more information
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