Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Three Awesome Exchanges Everyone Should Try
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Cryptocurrency exchanges are the entire craze in FinTech right now. Since 2017, hundreds of exchanges have been established and crumbled. Large exchanges such as Binance or Coinbase greatly appeal to many users; however, smaller exchanges gain a loyal and extensive follower base.
To help the readers balance the task of finding a good cryptocurrency exchange that satisfies their needs and, at the same time, doesn’t fall back on its promises, we have simulated a list of exchanges that don’t necessarily boast a user base like the large ones, but have an incredible appeal when it comes to user experience and feels. Our team has analyzed, tested, and cross-checked each to ensure the readers’ utmost transparency.
1. Zebitex
Zebitex is a trading platform built solely for traders with a taste for efficiency and reliability. Being in business since 2016, the exchange has witnessed the infamous bull run of 2017. The Bull run was proper, as any crypto enthusiast would recall, a grave testing period for all. Exchanges shut down because they couldn’t handle the sudden inflow, scams were coming to light almost every day, and hacks seemed to be the industry norm. However, surviving a storm like that gives one the experience to get through all future ones.
A survey conducted by our team showed a shockingly favorable response from the users. Moreover, the user interface, ease of use, trading tools, and security are ever compared to the industry’s top exchanges.
Any trader looks for a few essential characteristics in an exchange. The exchange boasts good UI, trading tools, low intermediary fees, continuous updating, and an incredible team of dedicated employees. They work continuously to ensure all the basic parameters are met and then push boundaries by subtly introducing better and innovative features. The Advanced UI, built specifically for a trader with a niche understanding of the market, allows the users to leverage the tools provided to them. They can integrate them with their experience, forming a symbiosis of software and mind in attaining the highest utility. Simultaneously, the Basic UI built for daily users ensures that there isn’t too much information thrown on the user to discourage future experimentation.
In essence, Zebitex offers a single window for all trading needs. With its integration with TradingView, users can analyze the charting patterns with all tools available on the exchange. It is a complete package of customer concentration, innovativeness, functionality, and approachability.
2. Bitladon
Established in 2017, Bitladon was set up to act as a liquidity provider for cryptocurrencies concentrating in and around the Netherlands and Europe. However, it didn’t take long for Bitlandon to gain momentum and accumulate customers in the thousands. One of Bitlandon’s rapid successes is the allowance of the Euro for deposits and withdrawals with incomparable speed.
For starters, Bitladon provides a trading account with a limit of €100 by verifying your email. Additionally, with complete verification of identity, one can reach a limit of €15,000 per week. This allows small-time traders and newbies to get hands-on experience with trading cryptocurrencies.
Bitladon boasts a massive portfolio of 100+ digital currencies, with each being thoroughly scanned and audited to ensure customer safety. One of the best features of Bitladon, as per the customers, is its ability to solve disputes quickly. The toll-free number for customer care is always displayed on the home page so that anyone with a grievance can hit them up immediately, which is lacking even among the top exchanges.
As per the Bitladon blog, at any given moment, more than 95% of the total funds deposited with the exchange are stored in an offline cold wallet. This step was taken to respond to the numerous exit scams and hacks that buzz the cryptocurrency news periodically and ultimately reduce user trust. Bitladon tries to cement itself as the exchange of the new period by slowly and steadily climbing the ladder and checking all security measures on the way.
Click here to view our complete review of Bitladon.
3. SWFT Blockchain
SWFT Blockchain is the first in the line of a new generation of exchanges that connects buyers and sellers directly on a decentralized, peer-to-peer cross-blockchain platform. It is a cross-chain network built to interlink blockchains and facilitates trade on-chain. Furthermore, SWFT Blockchain does away with an intermediary’s hassles by connecting buyers and sellers directly.
On a traditional exchange, any person willing to trade must first register with an exchange, get done with the KYC documents, deposit funds in the hands of a third party, bear the counterparty risk and finally start with the trade. Nevertheless, with the SWFT Blockchain mechanism, a trade can be executed with a single click. One posts a swap requirement, wait for the blockchain to find a pair, and have their wallet credited almost instantly. With an average transaction time of 5.6 seconds, SWFT Blockchain sets a benchmark for all future P2P exchanges.
Btc
Bitcoin
$62.547
price
price
0.84959%
price change
The SWFT Blockchain’s advancements and shortcomings are directly hedged to its native cryptocurrency SWFTCoin (SWFTC), an ERC- 20 token built on Ethereum. The SWFTC is used to settle all internal balances, such as fee payments and referrals. It acts as a projection of confidence toward the blockchain. SWFTC is listed on OKEx, DragonEx, EtherFlyer, Huobi, HitBTC, and Credo.
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Written by
Sudarshan M
@Sum
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