SwapZilla - A Portfolio Alertness

The crypto market is quite different and tougher than other markets. There are many people that do venture into trading of cryptocurrency without knowing the crypto market is complicate and diversify. The crypto market is highly volatile and if you fail to stay updated at every seconds and minutes, you might lose your investment in just a bit. So therefore, if you want to remain at the top of your trading business, you must have an infrastructure that will keep updating you what is happening in the crypto market from time to time.

THE CRYPTO MARKET

All thanks goes to the brain behind the innovation of blockchain and cryptocurrency which has opened a new avenue of investment. The crypto market has grown even beyond many of us dream about; at as of today, the crypto market now worth over two hundred billion dollars ($200B), having more than two thousands (2000) coins and tokens trading in more than 500 Exchange. Taking a look at these records, you will surely agree with me that the crypto market is very complicated.

CHALLENGES TRADERS ARE FACING IN THE CRYPTO MARKET

A good trader don't trade a single coin or token, rather they trade different coins and tokens in different exchange. This means traders will have to create an account on all the exchange that listed the pairs of the particular coins and tokens they want to be trading. The logic of signing up for many Exchange is a big task for the traders, they will be login and logout every seconds just to hit their target. Managing multiple accounts on different exchanges is not an easy task, it brings confusion. It is also unfortunate that some of these Exchange do list an incomplete crypto assets pairs. Just as a case of VDY token; Gate.io Exchange listed only USDT/VDY pairs, while other Exchange like Huobi listed BTC/VDY pairs. This means that if I want to trade USDT/VDY, I will go to Gate.io Exchange and if I want to trade BTC/VDY, I will have to go to Huobi Exchange. All these processes will definitely limit my chance of making profits. Other challenges traders are facing in the crypto market is that most of the present cryptocurrency exchange has limited functions and tools that enhance a profitable trading, some of these Exchange are not user friendly and majority traders find it difficult to use. The issue of undergoing kyc verification from one Exchange to another is an issue which we should not underemphasize. All these challenges need a solution and the solution to be gave birth to a platform called SwapZilla

SwapZilla

SwapZilla is aiming to create a platform that will encompass all the Cryptocurrency Exchange into a single account. What SwapZilla is aiming to do for us is that they want to bring all the Exchange together into a single system where traders can view all the Exchange from a single spot and choose the one to use. So SwapZilla has come with the solution by creating a financial platform that will provide cryptocurrency traders with the necessary market infrastructure that will keep them updated.

AIMS AND ADVANTAGES OF SwapZilla

Traders and investors will able to access all the crypto assets from a single window
They will have the opportunity to search for the Exchange that has the best offers
They will know the Exchange that offers the lowest commission
They will know the Exchange that commands more volume
The traders and investors will get access to margin trading etc.

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SwapZilla Token (SWZL)

The SwapZilla platform has launched their own native token, a utility token and it will be used to enjoy the services of SwapZilla platform. The SWZL token will be used to pay for commission for accessing some features of the platform.

Though there are so many reasons why you must hold SWZL token

As a holder of SWZL token, you will enjoy up to 50% discount while paying for SwapZilla's commissions.

All interested investors can buy the SWZL token from their website directly during their pre sale which is on for now. Though they are also planning to organize an IEO from 7th February - 7th May 2020. The price of SWZL has been scheduled to be 1 SWZL = $1

IN CONCLUSION

As a cryptocurrency traders, we should all be happy that a project like SwapZilla came into existence. The platform is going to offer us an amazing services which will make us get access to the crypto assets we all wish to trade. Their ideas will limit us from the stress of managing multiple accounts. This will make things easier for us to quickly know the Exchange that suits the particular coin or token you want to trade. Let supports this project to make sure their purpose is accomplished.