⁉️Problem Statement

As a platform which basically operates with a peer-to-peer strategy & brings those who want to trade efficiently with best price margins provided on every single exchange as well as brokers who want to receive guaranteed transaction fee revenue for fulfilling orders on a trader’s behalf, we at RupayDex are patronizing the fastest, easiest and most efficient systems to capitalize on best arbitrage opportunities and earn money as market makers.

Nonetheless, despite overcoming many challenges during its evolution, the blockchain the ecosystem is still suffering from several issues. Over 87% of cryptocurrency traders still run into problems while trading on the existing markets. We should take a look at them ineptly as follows.

Security issues

At present, the main threat in the cryptocurrency industry is a lack of security. According to Cipher Trace's report, the entire volume of cryptocurrency-related fraud and theft in 2019 has resulted in losses of over $4.39 billion.

Transaction Delays

While cryptocurrency transactions are noted for their speed, delays could occur to serve as a safeguard against hackers or fraudulent transactions. This is especially applicable when executing withdrawals. If an exchange suspects that a user did not approve the transaction, it may be delayed.

Low Liquidity

Liquidity is an important component of every cryptocurrency token on the market. When there is a shortage of it, the atmosphere presents an unbalanced situation. Things could spiral out of control. When orders are not placed/executed on time due to the lack of liquidity, it leaves the door open for whales to influence prices. Markets become more volatile and price slippage occurs as a result of a lack of liquidity.