Bithemoth — all in one crypto exchange platform

 Cryptocurrency exchanges are an integral component of the cryptocurrency ecosystem. In this decentralized space, these centralized institutions have emerged to bring together buyers and sellers of cryptocurrencies from all over the world. Today we have a large number of exchanges that fall into two categories: centralized exchanges and decentralized exchanges. Decentralized exchanges otherwise known as dex lag behind in development and adoption and liquidity but they offer more security to crypto assets. Centralized exchanges on the other hand offer more liquidity, better user interfaces and even play a significant role in the development of the ecosystem through setting up funds specifically for blockchain research.

 The revenue turnover for cryptocurrency exchanges is quite high, with Coinbase earning as much as a fifth of the total turnover of Goldman Sachs a financial institution that has been around for over a long while. The fact that current exchanges have their deficiencies which is perhaps we do not have any single exchange that has been able to stay on top for the longest time possible. New ones correct deficiencies and stand above preexisting ones. Before Binance, there was Bittrex, and Poloniex, and before Poloniex, there was Mt.Gox. Exchanges need to adapt and evolve to give customers the best user experience and play their institutional role to lend credence to the whole cryptocurrency space as a whole. Bithemoth is a new cryptocurrency exchange that seek to fix the shortcomings in the current exchange space by providing an all-inclusive exchange solution. 

 How Bithemoth Ecosystem Works

In a bid to operate as a link between traditional finance and the digital asset economy, Bithemoth platform has come up with a simple and conventionally adoptive system. Three major aspects of the digital economy will be simplified by Bithemoth’s diverse ecosystem thus presenting (i) an exchange, (ii) a trading platform, and (iii) a complete ICO Incubator.
A wide range of services that were absent in a single system will be made available as Bithemoth works alongside her partners. Bithemoth ecosystem envisions her ability to provide companies with an ICO Incubator that is ready to use and that which supports project development thus, enhancing growth and collaboration. 

 Bithemoth Features 

 The Bithemoth team will build a completely decentralized exchange mechanism — a trading platform (browser and mobile-based) that will allow users to perform direct payments in cryptocurrency and fiat instantly. Other key features include: 

•  Crypto on-the-go — user-friendly interface that would support full functionality of the exchange on a wide range of devices and platforms. The team is also developing a mobile app for both Android and iOS devices. 
•  Dedicated Crypto-Marketplace — crypto-marketplace where vendors can trade products directly for cryptocurrency through a seamless and secure means on the exchange. 
•  Enhanced Security — Development of specialized hardware wallets that will offer larger memory capacities and specialized security features that are not available in the current market.
•  Dedicated call center and support systems — proper support infrastructure to help users work through any issues or technical difficulties. 

In addition to that One of the key components of the Bithemoth ecosystem is the ICO projects incubator. The main idea is to give blockchain start-ups a stable platform to fund, launch and eventually grow their business on. This will help new projects find necessary support and visibility during the early stages of their life. On the other hand, exchange users will benefit from early access to newly issued tokens and the potential investment opportunity. Token sale proposals will be reviewed by a team of senior engineers at Bithemoth and if approved — granted with an access to Bithemoth’s complete ICO incubator system and a dedicated support team. The ICO incubator will support smart contracts on the NEO, NEM and Ethereum blockchains. 

 Bithemoth User Interface  user-friendly platform interface.One of the main problems when it comes to crypto exchanges is how they tackle security issues and prevent potential breaches.Bithemoth will enforce secure two factor authentication protection with FIDO U2F support for client certificates. They will also utilize active storage and cold storage for client funds instead of software multi-set wallets (temporary receive wallets will be used for deposits before funds are moved to cold storage location) to guarantee data inviolability.The decentralized exchange platform will be able to mitigate DDoS attacks of all forms and sizes using the CloudFlare’s advanced DDoS protection.  

Why you should invest in Bithemoth

One of the outstanding qualities of the bear market this year has been the resilience of exchange coins such as HT and BNB, offering an alternative to stable coins such as tether, with the advantage of upside in market swings but reduced downside risk. This is because exchanges have a clear-cut business model and they are not speculative. Bithemoth offers investors the opportunity to purchase 90, 000, 000 BHM tokens in their ICO. Total token supply is 200, 000, 000. 

So if you interested in Bithemoth project and token sale here is details 

 The bithemoth token (BHM)will be issued by Bithemoth based on the Erc20 standard. A total supply of two hundred million tokens will be created. The BHM coin is will act as currency for all transactions on the Bithemoth platform. All platform fees will be paid in BHM.To ensure the long term stability of the BHM token and to create true utility, Bithemoth will implement three strategies.

• The creation of a reserve fund from 20% of Bithemoths profits which will be used for buybacks to stabilize the value of the token.
• All the services provided by Bithemoth will be paid for in BHM tokens. As the demand for the Bithemoth platforms services grow, so will the demand for BHM tokens.
• Provide trading fees discount to users holding BHM tokens, the rate of discount will be proportionate with the amount of tokens held. Users will therefore be incentivised to buy and hold more coins.

Token Sale Details

Token BHM PreICO Price 1 BHM = 0.22 EUR Price 1 BHM = 0.50 EUR MVP/Prototype Available Platform Ethereum Accepting ETH Soft cap 1,000,000 EUR Hard cap 5,000,000 EUR Country South Africa 

 MyConclusion The Bithemoth project is aiming to solve many of the problems crypto exchanges currently have by improving accessibility, usability and security for both experienced investors and beginners and by building an all-encompassing platform of new generation. The ICO Incubator initiative is a fresh idea that will benefit both blockchain start-ups and platform users and has the potential to establish Bithemoth as the market leader in terms of innovation and development. 

FOR MORE INFORMATIONS 

 Whitepaper: https://bithemoth.com/bithemothwhitepaper-revision-3.0.pdf
 Website: https://bithemoth.com/
 Official twitter: https://twitter.com/bithemoth
 Official telegram: https://t.me/bithemoth 

Author - Hirusha Perera

https://bitcointalk.org/index.php?action=profile;u=1824365