BITCHEMOTH EXCHANGER

INTRODUCTION

Blockchain is the cornerstone of modern innovation and has the potential to revolutionize the world. Recognizing this potential, we at Bithemoth have formed a professional team of budding entrepreneurs and experienced investors to create a comprehensive blockchain trading platform. Because the cryptocurrency is designed for mainstream adoption, our platform will be a stop-shop for clients who intend to generate large profits on investment. We will create an easy-to-use system that combines traditional markets and blockchain-based assets.

The Bithemoth Ecosystem will offer the following:

► Swap fast and intuitive.
►A rich trading platform embedded with digital asset investment opportunities.
►A turnkey ICO Incubator.

Our services will be accessible through a simplified platform embedded in blockchain technology. It is our belief that newcomers do not need to go through a tiring process before benefiting from the crypto market. Our vision at Bithemoth is to mentor new investors so that they become skilled in crypto-space through our supportive, simple and easy-to-use platform. While on the other hand, it allows experienced traders to enjoy a very flexible, fast and safe environment that is inherently loaded with familiar features. Bithemoth will not stop providing an easy-to-use platform for investors;
Bithemoth will perfect the way crypto currencies are traded and will be key key innovators in this sector. This platform will combine several new features to differentiate itself from existing platforms that establish itself in the crypto-sphere. Leveraging on the diversity of our team creates strong and strong exchanges, which will not only meet the needs of traditional stock investors but will also simplify the trading process that allows everyone to be part of the rise of this technology.

Team Experience

Members of the Bithemoth platform are premium level experts in the financial sector and related fields. Our vision is to build a successful business in this space and to create a solid bridge that will connect the digital asset ecosystem with existing institutions. Blockchain technology will undoubtedly introduce a paradigm shift in the way business is done, however, we will leave business needs missed in the blockchain space when implementing basic business ethics to develop user applications. According to Dr. Garrick Hileman, during the benchmark global cryptocurrency study at the University of Cambridge in 2017, “Cryptocurrency will not be useful when it is at a close distance, but with the effort to connect the bridge, it can be used to improve the economy.” We align ourselves with Dr. Garrick is why we paraded leading professionals to build this bridge. Bithemoth plans to improve the existing fintech space rather than starting from scratch with a view to integrating traditional brokerage services into the proven economic growth of digital assets and the blockchain platform.

CURRENT ISSUES:

The following is a list of common problems that are contrary to the growth of the existing exchange platform. Bithemoth strives to provide solutions using a user-friendly, fast and fully licensed platform to ensure that this problem can be overcome.

Initiation

The first problem we want to focus on is how complicated and tedious it is to register and deposit funds into the current exchange. In some cases, it can take days and even weeks to be verified on an exchange. For most investors, this time period is very tense and can feel like immortality with a changing market. As we all know, time is the essence when it comes to investing.
At Bithemoth, we want to overcome this problem by simplifying the registration process and providing world-class support for investors. This not only makes registration easier but also reduces verification time significantly. We utilize our understanding of time management to reduce this problem. Investors are guaranteed a smooth and fast platform for trading.

Badly designed UI

Another problem that investors usually have to deal with is the problem of the UI platform and badly designed archa. Most crypto-trading platforms are usually jammed with excessive numbers and graphics with little or no explanation. This can even flood the most experienced investors. With this challenge, how do amateur investors learn the rope to become professional investors? This question has been well taken care of by the introduction of our platform.
To overcome this problem, we consulted with industry experts from various trade backgrounds to create the most efficient and powerful UI available on the market. In addition, to fully explain our UI, we will release a series of videos to ensure that everyone who uses Bithemoth will be able to make full use of all our unique features.
These videos will very much explain how our features operate, so amateur investors will learn everything they need to know even without going through guidance classes.

Platform Speed

Another problem that we will discuss is the current exchange rate. Some investors have complained about the speed of snails that are exchanged for currency, which results in heavy losses.
In view of the above, we are a future examination of our exchanges to ensure scalability and speed. We will achieve this by establishing a strong foundation for the platform to grow. This will ensure that the exchange will be able to maintain efficiency if there is a surge in user registration. In addition, we will also assign a support team that will be billed with the responsibility to resolve user questions and complaints in the shortest possible time.

Customer service

The biggest challenge faced by investors in the crypto market is the problem of customer service and support. The challenges range from unresponsive support teams to rude staff members. From our visibility study, we found that there was never an exchange with a world class support team.
At Bithemoth, we place value on the investor trading experience, which is why we maintain a pleasant trading environment. We realize that having a world class support team cannot be over emphasized.
To face this challenge, we will employ top-class customer service experts to work in our customer service units. These experts will be adequately trained and certified to handle customer questions and complaints. We will create a task point to train and maintain our customer service team, and the costs will be borne by Bithemoth. This training will harmonize the superior standards of our exchange with the interpersonal skills of our staff members. That’s not all, we will only choose the best candidates for jobs to reduce the waiting time that users will get a response from us. After the user reports a problem, our customer service will respond to the complaint as soon as possible humanely.

Multilingual & International Support:

Another big trap of the current trading platform is that they do not have adequate international support. This centralized several exchanges to certain areas and inhibited them from developing into a global platform. To truly make our exchanges available throughout the world, we will utilize the diversity of our team and ensure that exchanges will have support for all major languages. This will produce Bithemoth as one of the most accessible exchanges globally on the market and

reduce some market variations experienced between different regions.

Security

As an investor, one of the highest concerns is security of exchange. This is because even though every investor wants to keep their funds remotely, it is inevitable that a portion of a person’s investment will be placed on the exchange because of active trading. While some of the other exchanges seem to ignore the security of their platform, at Bithemoth, we believe that transparency is the key to the success of any business. Given this, our platform will run transparently. To ensure the security of our platform, we have implemented a high-level security architecture to protect investor funds, ensure their security.

Registration, License and Regulations (Some Jurisdictions)

According to Hileman and Rauchs, the biggest challenge facing the cryptocurrency exchange today is to maintain good relations with traditional financial institutions, payment gateways and banks. Furthermore, analyzes conducted in more than 150 companies revealed that small exchanges have difficulty maintaining relations with financial institutions.
In the above view, Bithemoth intends to operate as an electronic money institution. For us to run a multi-faceted fintech platform, we will get several licenses from various jurisdictions with a view to meeting standards

with laws and regulations. Every time we plan to expand our services to other jurisdictions, we will apply for licenses as required by law to cover the services we plan.

Our ecosystem

In an effort to operate as a link between traditional finance and digital asset economics, the Bithemoth platform has emerged with a simple and conventional adoption system. Three main aspects of the digital economy will be simplified by the diverse ecosystem of Bithemoth so as to present (i) exchanges, (ii) trading platforms, and (iii) complete ICO incubators.
Various services that are not in one system will be available when Bithemoth works together with its partners. New traders can invest in cryptocurrency with a few clicks on exchanges using a customizable and user-free temporary environment, professional investors will easily use our trading platform that has been designed with a powerful set of tools. Bithemoth ecosystem envisages its ability to provide companies with ICO Incubators that are ready to use and that support the development of projects so that, increasing growth and collaboration.
Bithemoth hopes to be able to offer a fast and secure payment process for cryptocurrency and fiat by establishing a stable banking relationship. Bithemoth also plans to implement and add existing features, unique gift systems for BHM buyers, and special trading solutions specifically designed to meet the economic needs of digital assets.

Direct Payment Process – Cryptocurrency and Fiat Support

Through special license security, eMoney status, and stable banking relationships, we prepare infrastructure for direct payment processes that will enable fiat to cryptocurrency conversion. Both direct Bithemoth exchange clients and third-party clients such as external companies will have access to this feature and can use it as a means of entering the cryptocurrency market.

MAIN REPLACEMENT FEATURES

Portfolio management

It is important for every investor to be able to evaluate their ownership in a simple and timely manner. The problem with today’s cryptocurrency exchange platform is that it is very difficult and tedious to do this. Many exchanges do not provide enough information to users and make it difficult for them to track their ownership and their performance against real-time market value. For this reason, external applications have been created to resolve what most of the exchanges have failed.
In view of the above, we will try to solve this problem by including features in our exchanges with the view of providing users with the portfolio management tools needed to properly evaluate their ownership and investment. With tools available on our platform, investors can monitor and track their investments in their comfortable homes.

Quick view – Portfolio Distribution Tool

The rapid display portfolio distribution tool that we integrate into our exchanges will provide a quick way for users to evaluate their current ownership. This feature is important because it provides a means to assess how assets are distributed in one’s portfolio, in an attractive and simplistic way.

In House Portfolio Manager

Having a portfolio manager that is easy to use is what most exchanges are missing. We hope to change this trend by integrating a simple, yet in-depth portfolio manager tool that will be accessible to all users. Our internal portfolio manager will provide an overview of one’s investment and performance based on real time. Examples of features include average purchase costs (Btc / monetary), current value, daily percent changes, overall percent changes, and cumulative portfolio performance. When we integrate portfolio managers into our exchanges, users will have access to real-time information at their fingertips that will empower them to have full control over their investments.

Special Trade Features

We are also working on integrating special trading features into our platform. This will allow our users to prepare special smart purchase / selling orders and other unique trading features. Some exchanges do not offer this feature, but we will adjust the speed in the crypto world.

Ease of Entering the Crypto Currency Market

Since the advent of cryptocurrency, many aspects have changed in the way businesses are run. In this light, investing in crypto space is becoming more popular and many people are looking for an easy platform to penetrate the crypto market.
In the view above, we will integrate easy payment options into our exchanges, where users can buy crypto currencies using fiat-based currencies.

Buy Made Simple

As part of our efforts to make cryptocurrency accessible to public members, we will make various channels to enable investors to buy cryptocurrency without a strict process such as other exchanges. As part of this, we hope to include the purchase of cryptocurrency through money transfers, credit cards, and even existing payment solutions that are commonly used in our exchanges.

Crypto while traveling

Our plan is not to create a platform that only relies on computers, but to develop platforms that will serve all systems. Given this, we created an easy-to-use interface that will support the full functionality of our exchanges on various unhindered devices and platforms.

Bithemoth Coin (BHM)

Bithemoth Coin (BHM) will be the token coin that we will publish. There will be a maximum of 200 000 000 (two hundred million) coins to be made. We do not intend to increase it further. BHM is modeled and will run using Ethereum blockchain with ERC 20. This will ensure the security and security of tokens in the long run.

ICO schedule

Once our ICO starts, investors will be invited to buy BHM tokens until 90,000,000 tokens that we have set aside have been sold. The purchase schedule will work in stages which will reward buyers who buy BHM tokens during the initial stages of our ICO.
Investors who buy BHM through our ICO will receive their token in and at the latest 7 working days.

Nilai BHM

You will be able to use your BHM coins to pay for any fees on our exchange platform. This will include exchange fees, withdrawal fees, recording fees etc.
There will be special discount incentives that we will introduce to the initial promotion of the use of BHM on our exchanges; this will be effective immediately but is limited to a 5 year period.