Hi guys. Surely you were faced with the issue of buying or selling a crypto currency, but you just faced huge commissions on exchange offices, sometimes reaching 10 or even 20% of the transfer amount. Today I want to tell you about a project with government support, which will develop a crypto exchange with the possibility of replenishing the account with phiatic funds with a low commission. For more information, read on.
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All participants of the crypto-currency market, which had a relationship to the "digital currency", had at least once to trade on the stock exchange crypto-currency. Because if there is a need to translate your tokens into fiat money, this process can not be avoided. In addition, this is not so simple, because the fiat funds are not supported by very many exchanges, for which reason it is necessary to use the services of third-party exchangers, overpaying commissions.
Very often it is required to register on a large number of sites to sell the token that we need. This is really not very convenient, and the transfer between exchanges, and then the exchanger, raises the money spent on the commission, and takes a lot of time. The team of the Nauticus project decided to make this task as simple as possible.
Description of the platform Nauticus
The Nauticus platform is a project from Australia, whose goal is to create a practical trading platform for the implementation of secure crypto-exchange operations. It will be an exchange that will provide crypto banking services and other e-commerce solutions using blocking technology. One of the features of the site presented is the possibility of exchanging crypto currency for Fiat.
By mid-2018, developers are planning to launch Nauticus, where 100 crypts will be available for bargaining (within a year the number of crypto-currencies on this platform is planned to be expanded to 300), as well as 7 foreign currencies (HKD, JPY, EUR, USD, CNY, AUD and ZAR), the number of which is planned to increase to 16.
At the same time, Nauticus will provide global payment processing services. This means that users will be able to send money to each other (on the principle of Western Union or PayPal), paying the lowest interest. The Nauticus project is registered as an independent translation dealer in the Australian Government Regulator AUSTRAC.
It should be noted that this project is being registered in various international bodies to combat the financing of terrorism and money-laundering, as well as in global agencies providing an international banking license and credit data.
The process of exchange of crypto currency
How will the exchange take place on the site? The Nauticus platform will have three main crypto-currencies, which will be pairs with other currencies. This is Bitcoin, Ethereum and the domestic currency is Nauticus Coin (NTS). As a result, if, for example, you want to buy a coin "Y" using the coin "X", you will first need to change the token / coin "X" to one of the key currencies, and only then, using it, buy a token / coin " Y ".
With all this, it should be noted that using the internal NTS token, you will have a 50% discount on commission from trading operations inside the exchange. Thus, the developers want to encourage users to buy the NTS token, which will make it possible to repeat the success of the internal tokens of Binance and KuCoin exchanges.
Features of Nauticus
Profitable commission. Due to the fact that Nauticus directly connects the buyer and the seller, very favorable conditions for exchange will be offered on the exchange, with a commission of 0.1% (later it is planned to reduce its size).
High level of reliability. Great attention is given to safety. The purse presented on mobile devices will be protected not only by two-factor authentication, but also by biometric authentication (using fingerprint sensors, voice recognition and face recognition functions). Developers offer separate purses (cold and hot) for protection of assets, protected by several layers of encryption.
Comfortable interface. The platform will have both a simplified functional and a view for beginners, as well as a complex one for trained traders, which includes tools that simplify the process of data analysis and trading.
On the Nauticus platform, several other directions are planned: a platform for sellers (integration with POS software, application of the Nauticus token, which guarantees a low commission and fast transactions); support ICO (providing projects that go to the ICO, legal, financial and technical assistance, as well as expert services that specialize in marketing and media); the creation of a mining center (it will provide cheap and fast transactions for users, and will also provide an opportunity for future development).
The internal currency of the exchange, the NTS token
The NTS token (created on the blockbuster Ethtereum) will be used on Nauticus as one of the main crypto currency units. As mentioned before, applying it to purchase one or another token / coin, the user will have a 50% discount on commissions with transactions inside the exchange.
The internal NTS token has absolutely all the chances to repeat the positive result, for example, the internal token of the Binance-BNB exchange. It depends very much on the site presented as a result. The road map is painted for five years in advance, until 2023, but this is understandable. Any exchange requires sufficient time to increase turnover. Under all circumstances, all traders and investors will benefit from the emergence of another crypto exchange.
The project team
P.S.
Invest or not in the company your business. If you still decide to do this, I highly recommend that you read the technical documentation, read about the project team, weigh all the risks and then make a decision.
P.P.S.
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