Bithemoth Exchange - All in one Blockchain Asset Solution

With blockchains and tokens issuing their own coins/tokens, the need to trade them and the need to materialize their worth and give them value arises. Some projects might be technically revolutionizing their industries, but if they are not in an exchange, people won’t have a reference of what they are worth. Some tokens are overvalued, some undervalued, some don’t even have a perceivable value after all but this is the task of investors of speculators and the way they do this? Exchanges. The need of a functional, reputable, secure and easy to use exchange is always in the the investor’s mind. They come in different flavors and types. We have centralized exchanges, decentralized ones and P2P exchanges. All with their own flaws and benefits. But today I want to be talking about a new exchange that will disrupt the blockchain industry and redefine the way we transact: The Bithemoth Exchange.

What is Bithemoth?

Bithemoth is an all-in-one blockchain exchange that helps you manage and trade your digital assets. Bithemoth is tackling current issues with current exchanges, such as long tedious verification processes, not user friendly UX and UI that challenges newcomers, slow and laggy platforms, poor or non existent customer support, multilingual support, security, compliance with multiple jurisdictions, fee structures, and many more issues traders and investors are having among different exchanges. Even in reputable exchanges like Binance, things are not the most convenient for the amateur investor. One example is the shady practices this exchange does such as faking volume and lagging the platform, conveniently when a coin is pumping, like 2 weeks ago with XRP jumping like crazy. But those are stories for another article.

What are the benefits?

One thing that I’m really excited about it’s the portfolio management feature. I don’t have this option with any other exchange, usually people download the blockfolio app, but I like to do it the good old excel way, but Bithemoth will do have this built-in so you don’t need to leave the platform to analyze in real time your portfolio with the latest tools to monitor your investments. One thing that will also make the platform stand out it’s the ability to invest in cryptocurrencies with fiat through the exchange. No complicated transactions from bank to a third party, then to a wallet, then to an exchange. Everything will happen inside bithemoth the most easy and convenient way possible.

The security in the platform will also be top notch, with a state of the art infrastructure using specialized hardware cold wallets. They are planning also to release a Bithemoth card to load it up with your balances so you are able to spend your crypto in a reliable hassle-free way.

You also hear about the NYSE and other exchanges having their own trading floors. Well Bithemoth will have brick and mortar locations, not exactly to have a trading floor, but to bring the presence of the exchange out of the digital world and materialize it so you can get involved with the exchange in a more personal and direct way. This will allow Bithemoth to provide with public teaching centers.

The exchange will also be able to give ICOs acces to their transparent and secure platform to run their ICOs.

You can check the advantages of the Bithemoth exchange in this table

Token Sale

There will only be 200,000,000 tokens issued. 120 million of those will be sold in different rounds, a pre sale, a fire sale and the normal ICO. There’s also a pool of 5 million tokens for bounties so make sure to join the bounty program if you are interested in supporting this project that way. The token has a utility nature rather than being a security token. It will be utilized to pay any fees on the exchange so think about it, not only you will be able to earn from the token growth, but it will also be cheaper to do so. That’s awesome. For more detailed information about the ICO structure, dates, specifications and so on please download the whitepaper. https://bithemoth.com/bithemothwhitepaper-revision-3.0.pdf

Conclusion

I think that the long term stability for this project will depend on the usage and volume activity on the exchange, once the exchange grows, the token value will grow along with it so I consider this to be an awesome opportunity to be part of the development of an exchange. The buyback program also will help with the stability of the token price. I will be looking forward to stay updated with the development of this project so I encourage you if you liked the project, to get involved in the community, ask as many questions you have before you decide to invest.

Join the community here https://t.me/bithemoth
Participate in the ICO here https://bithemoth.com/?page_id=48
Participate in the bounty campaign here https://bitcointalk.org/index.php?topic=4795834.0
for more information visit their website here https://bithemoth.com/

or engage in social media
https://www.facebook.com/bithemoth/
https://twitter.com/bithemoth?lang=en
https://www.youtube.com/channel/UCndzKrOwSjnWVQQCnthWoNA
https://www.reddit.com/r/Bithemoth/
https://www.instagram.com/bithemoth/?hl=en
https://www.linkedin.com/company/bithemoth/
https://medium.com/bithemoth-exchange

Disclaimer: Keep in mind that I’m participating in the blog bounty campaign. You can join any campaign you would like to participate here: https://bitcointalk.org/index.php?topic=4795834.0
Therefore, I’m not giving investing advice, this article is purely educational in regard to Bithemoth.