The blockchain technology introduced a decentralized model for transactions. Among the list of forged solutions is to facilitate cryptocurrency trades. This model is similar to the brick and mortar stock market and banking platforms. However, blockchain offers a faster and risk-free model that’s also free of intermediaries.
Scaling Crypto Trades Using Earnsbit
It’s worth mentioning that conventional crypto trading has many issues that hamper the throughput. For instance, the high trading fees, margin trading, and the palpable threats in these platforms often force traders to stay away.
Nevertheless, the launch of Earnsbit promises to institute a new era to decentralized transactions. Aside from using the distributed ledger technology (DLT) to facilitate this, the platform also has other viable solutions.
Here are highlights of these features and the importance of having them around in the already-fragmented crypto trading frameworks.
User-Friendly Interface
The current situations in the crypto-sphere inform the reason why many potential investors are scared to invest in cryptocurrencies.
That informs the reason why Earnsbit formulated a friendly interface that is intuitive for both amateurs and professionals in crypto trades. By that, you wouldn’t find it challenging to grasp important information that would help you make an informed trading decision.
Transaction Throughput
Isn’t it ironical that the duo of blockchain and cryptocurrencies that promised to scale transactions faster than the fiat variations later found themselves in the same low latency?
Earnsbit fixes this malaise with the proposed 1 million transactions per second. If tenable after it gains massive adoption, Earnsbit would be on the way to be one of the fastest cryptocurrency exchanges.
Interactive Ecosystem
You may have noticed that many cryptocurrency exchanges do not have a forum where users or participants can interact.
That is set to change with the interactive platform on Earnsbit, where the participants can exchange messages with each other. Besides, the ecosystem could be beneficial to amateur traders that need guidance from established traders to scale their transactions.
High Liquidity
The limited amounts of liquidity or cash flow in specific cryptocurrencies make it hard to sustain them over time.
Earnsbit forged a solution for this with the high liquidity it offers listed crypto coins. For a start, the platform would support its native crypto coin, ESBIT. It also supports other currencies, including Bitcoin (BTC), USDT, and Ethereum (ETH).
Excellent Customer Service
Where would run to when the transaction(s) seem to be going wrong? The customer service of the crypto exchange readily comes to mind as the one-stop platform to get answers to your concerns.
Earnsbit provides its users with all-day access to customer service. Besides the 24/7 customer service, the exchange is also working towards developing and launching mobile applications to make transactions easier for users.
The Role of the ESBIT Token
In line with the common use of built-in or native crypto coins by blockchain-based projects, Earnsbit also has the ESBIT token in conformity to that.
The EARNSBIT Token (ESBIT) has a variety of users, including the medium of payment within the exchange platform. It also has other use cases, such as trading on supported crypto coins, and in programs selling tokens on the platform.
Token Distribution
Token Information
Token Name: EARNSBIT Token
Ticker: ESBIT
Platform: Ethereum
Token Standard: ERC-20
Role of Token: Utility
Token Supply: 200 million ESBIT
The Earnsbit Team
Final Thoughts
The varieties of features hinged on Earnsbit are ideal for salvaging the rot that has befallen many cryptocurrency exchanges. Now, cryptocurrency enthusiasts and traders alike once again have a reason to remain bullish about the asset.
For more information visit the links below
Website: https://earnsbit.com/
Whitepaper: https://earnsbit.com/api/v1/whitepaper
Telegram: https://t.me/EarnsBitExchange/
Author: Sandieego
My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=2432669
My ETH: 0xc57F5E28B98a12c8f4cC3f4C02d8B77546deF545
