WHAT IS ENCRYBIT?
Encrybit is a first research-based company, focused on developing a secure cryptocurrency exchange that doesn't compromise on agility or user-friendliness. Its revolutionary trading platform offers a streamlined experience for traders to research, analyze and trade with ease and insight.
IS ENCRYBIT CENTRALIZED OR DECENTRALIZED PROJECT?
Encrybit is a centralized exchange platform.
WHERE IS YOUR MAIN HEADQUARTERS LOCATED AT?
The main headquarter of Encrybit is located at Hong Kong.
ARE YOU GOING TO CREATE YOUR OWN TRADING VIEW OR INDICATORS IN YOUR EXCHANGE?
Encrybit is developing its own trading platform including all necessary indicators required by professional traders.
WHAT KIND OF EXPERIENCE DO THE CREATORS HAVE?
The Encrybit team has in-depth experience in the Software industry (banking & trading) including handling and creating servers for clients. It has provided ground-breaking solutions based on all major platforms in its journey of more than 10 years. The main pillar is our research team which provides exhaustive market analysis of the proposed solutions. This, in turn, helps our developers to create future-proof software solutions that maintain dominance in this competitive market.
WHAT ARE THE THINGS YOU PLAN TO DO DIFFERENTLY BETTER THAN YOUR COMPETITORS?
Today there are more than 100 cryptocurrency exchanges available and all have their USP, pros and cons. Each one of them doing best at their level. But the beauty of Encrybit exchange is that it is developed around the trader’s likes, dislikes and the features they desire to have in an exchange. In our team, most of the members are traders further categorized into long term investors, swing traders and day traders, which help us to build our exchange strictly around the traders’ perspective. Hence, our trading platform provides exactly what the trader’s community want to have in crypto exchange and that’s why we call our exchange as Trader’s exchange! We want the cryptocurrency trading to be easy and fun; at the same time, reduce the risks over profits.
WHICH COMPANY IS INVOLVED OR PROVIDES SUPPORT FOR THE DEVELOPMENT OF THE PROJECT?
Encrybit is backed up by M-Connect Solutions, a software development agency established in the year 2009. It is a software development company having expertise in banking and trading software. It has specific clients (trading software development companies) from Germany, USA, and India. They know the ins-outs of the forex exchange functionalities. They've technology, qualified resources (In-house), and experience to support the development and working of a revolutionary cryptocurrency exchange.
WHY ENCRYBIT DO ONLINE SURVEYS?
The research team at Encrybit is well-versed with the requirements for a cryptocurrency exchange. But to develop a platform in keeping with traders' needs, it is also crucial to collect their opinions and feedback about what they see as the future of crypto exchanges. The best way to gather opinions from traders from all over the world is to conduct an online survey. If we have views from more number of traders then it will help us in better decision making.
HOW MANY CRYPTOCURRENCY TRADERS HAVE TAKEN YOUR ONLINE SURVEY?
The first survey was taken by 1108 participants and the second survey has recorded responses more than our expectations. It is 10,003 participants.
I MISSED THE 1ST SURVEY. CAN YOU TELL ME WHAT WAS IT ABOUT?
Our very first survey was on Cryptocurrency Exchange Problems which inquired the traders on real-time problems faced at existing exchanges.
I MISSED THE 2ND SURVEY. CAN YOU TELL ME WHAT WAS IT ABOUT? Our second survey was on Cryptocurrency Exchange Evaluation to deeply evaluate the advanced trading features of existing cryptocurrency exchanges and traders’ preferences regarding the same. The survey also intended to collect data based on traders’ background, so we can now about traders’ choices based on demographics.
IS THERE A TELEGRAM GROUP THAT I CAN JOIN?