Market review — Capitalisation and Exchanges.

Topex
3 min readSep 7, 2018

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Over recent years, the volume of trade in the cryptocurrency market has increased several times, at the same time the total market capitalisation of crypto-active assets increases significantly every day. Bitcoin and Ethereum represent a significant part of the overall market, but the cost of other crypto-assets is skyrocketing, along with their number. In the last year, market capitalisation of Bitcoin has fallen to almost 55% and the market has many competitors able to take its place now. The exchange of the cryptocurrency between themselves and for fiat currency is mainly carried out on centralized trading exchanges, where the general capitalization of a particular currency is determined. There is a huge number of exchanges for the exchange of crypto-currencies today, they have their features and tools for trading, allowing you to multiply your investments massive in the shortest time.

One of the most popular exchanges at the moment is the Bitfinex exchange, with one of the largest volumes in the crypto currency trade, providing a huge number of services with a user-friendly interface, but it has strong limitations for new users.

American exchange Poloniex is the largest exchange in terms of trading volume, with margin trading, rather low commission and high level of security, but does not exchange, as deposit and withdrawal, of fiat money. It is a barrier for investors when entering crypto-currencies market.

British exchange Bitstamp was the first among all to receive a license for the exchange of crypto-currency, with the possibility of bank transfers, inferior to the interface, and complicated verification. The lack of the ability to solve customer’s problems quickly raises questions about the quality of the resource and management of most crypto exchanges.

Drawing a conclusion, we’ve come to the fact that each of the trading platforms has its drawbacks. Considering all the shortcomings of competitors, we are creating a completely new and unique trading platform, with a large number of financial and social tools that allow improving the quality of the currency trade.

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