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As most of the encryption traders know, 2018 was a bloodbath beyond anyone's wildest imagination. Most, if not all, the 2017 earnings have been wiped out. And while the pain will definitely end at some point, it is not clear when it will be so. But as famous Harvey Dent said The dark Knight, "The night is darker just before dawn.And I promise you that the dawn is coming." When the brightest periods finally arrive, trading volume will certainly explode when the old investors return and new investors will discover cryptocurrency for the first time. A platform that is ready to benefit from this growth ABCC exchange.
ABCC Exchange is a world-class digital resource exchange that aims to provide a simple and user-centered trading experience. The company is focused on the adoption of the philosophy of decentralized technology which means essentially open, frictionless and participatory.
The company's primary objective is to assist investors in identifying valuable decentralized technology assets, offering a secure online trading platform and providing professional trading services. Following are four reasons why ABCC may be about to revolutionize the cryptography business.
Reason n. 1 – Cutting-edge trading functionality
While many other commercial exchanges have only very basic functionality and very limited order types, ABCC is exactly the opposite. It is a state-of-the-art platform for both beginners and experienced crypto traders. For a while, ABCC offered only its basic trading platform. But on November 2ndND, the company has launched its beta version of ABCC Pro. The Pro version is a benchmark with the user experience in the best platforms like BitMEX. It also includes the following improvements:
- A chart section that includes both a candlestick chart and a line chart
- Night mode
- Greater security
- A "My Assets" section where operators can now view updates in real time in their total resources
- Full screen mode
- Ability to see customer orders directly in depth
- 160+ trading indicators
- Stop loss and stop limit
- Mobile APP easy to use
Crypto volatility has been astronomical in recent weeks, causing traders to spend a lot of time managing their portfolios. Because of this volatility, traders are always looking for ways to manage risks and limit potential losses. One of the best ways to limit losses is with stop loss orders. And with a seemingly perfect timing, ABCC has released the stop loss feature.
Most cryptographers probably already know that this is a stop loss, but for those who do not, here is a brief overview. A stop loss order is designed to limit the loss of an investor on a position. For example, setting a stop loss order for 10% below the price at which the cryptographic asset was purchased will limit the loss to around 10% if activity falls at this price level.
As someone who has generally used only the most encrypted basic exchanges, these features are extremely welcome and useful.
Reason # 2 – Trading Strategic competition
Accompanying the release of stop loss functions, ABCC has announced a commercial competition in which the first place will receive a prize of 2,000 USDT. The competition is scheduled to start on December 5th and last a week. During the competition, each user will be ranked based on his rate of return from all trading pairs. The total prize money for all competitors is 4,500 USDT.
These competitions are advantageous on different levels. Obviously it is advantageous for traders who have to train and hone their trading skills on the ABCC avant-garde platform, and hopefully they will be able to earn quite well. And it is beneficial for ABCC as it should serve as an opportunity to generate additional revenue by increasing the volume of trade from existing and new customers.
In August, the company held another commercial competition with prizes including a Tesla, 40,000 USDT and smaller daily prizes. So new traders and competitors should expect that the December competition is not the last one that ABCC holds. So if a trader does not do well this time, he keeps practicing and maybe their luck will change the next time.
In addition to increasing revenues, trading competitions always bring a lot of hype and advertising that should do well to improve the recognition of the ABCC brand and the ability to serve more customers in the future.
Reason # 3 – Token ABCC (AT)
AT, an original token of the ABCC Exchange, is automatically extracted when ABCC users conduct trading activities via the Trade-to-Mine mechanism. 80% of encrypted trading fees and 80% of net options trading profits are rewarded in AT Holders in the form of BTC, ETH and USDT.
A new product, Daily Options, has recently been launched by ABCC. This new product also introduces a new case of use for AT as traders will be able to make predictions about future price changes of BTC. ABCC users can expect additional product offerings, like Daily Options, in the future.
Reason n. 4 – Approval of Vitalik Buterin
As blockchain start-ups seem to destroy industries, it never hurts to get more approval from one of the most important figures in the blockchain movement. At the beginning of this year, the founder of Ethereum Vitalik Buterin took part in an interview with Jon Evans at TechCrunch Sessions: Blockchain. During that interview, Buterin emphasized his desire for everything to be decentralized. Moreover, when the conversation moved to the exchanges, Buterin said: "I hope that centralized exchanges will burn to the bottom as much as possible". He said that there is no reason why some projects have to pay up to $ 15 million on the tax list just because people can exchange their tokens on centralized exchanges. While it's still early on for decentralized exchanges, it never hurts to have someone like Buterin on your side.
Conclusion
While the cryptographic trading environment is not what it was at the end of 2017, recent volatility has certainly created an opportunity for new exciting platforms like ABCC to fill a void for traders. One thing not mentioned above is that ABCC Exchange aims to list as many good projects as possible. Unlike other exchanges that try to bleed companies, ABCC hopes to build strong partnerships and relationships with its listed customers. Conducting business in this way allows ABCC and the listed projects to grow and prosper together.
The existing platform and upcoming improvements should certainly help operators to manage their existing portfolios, while simultaneously exploring the market for those undervalued projects that are working on innovative technologies.
Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. It holds investment positions in the currencies, but does not carry out trading activities in the short term or daily.
Featured image courtesy of Shutterstock.
