The use of cryptocurrencies continues to grow at a very speedy rate. Businesses, organizations and individuals keep adopting the use of these currencies to solve daily problems. A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Cryptocurrencies continues to gain momentum and people keep adopting the use of these virtual currencies to make payment and other online transactions. There are many areas in which you can utilize cryptocurrencies. You can hold, invest, and trade these currencies in order to make gains in near future. An aspect of cryptocurrency that has experienced a tremendous growth over recent years is cryptocurrency trading with the most popular cryptocurrencies like Bitcoin and Ethereum being sought after the most. Popular cryptocurrency exchanges like binance, huobi, okex have witnessed massive growth in the space of some months due to increasing demand for cryptocurrency exchanges. A cryptocurrency exchange is an online platform where you can exchange one cryptocurrency for another cryptocurrency.
The Problems Associated With Current Cryptocurrency Exchanges
Cryptocurrency exchange is a platform where you trade one cryptocurrency for another. In exactly the same fashion as we have it in Forex, where you can trade one currency against another, you can also buy and sell a cryptocurrency for another, like Bitcoin or other altcoins for USD and Euro. Cryptocurrency trading continues to grow at a very rapid rate and the current cryptocurrency market capitalization is currently put at $266,157,114,680. Delving into the world of cryptocurrency trading is extremely intimidating and naturally complex and so cryptocurrency exchanges are expected to provide traders with vital information and tools that will help them to take informed decisions about their trades. But sadly, that’s not what we have in the market today. Almost all the current cryptocurrency exchanges only provide data on prices and volume to traders. While this information is important to any trader, they are definitely not enough to help any trader make the best of decisions concerning any trade. Cryptocurrency trading has moved beyond days when data on prices and volume were enough to make accurate trades. A trader needs an array of information ranging from current market trends, current news on any trading pair, macroeconomic views on any cryptocurrency and many more in order to make a profitable trade. This is an area where the current exchanges fall short in terms of providing traders with necessary tools that will enable them make the profitable trades.
Introducing NEBULA EXCHANGE – A Novel Cryptocurrency Exchange
Nebula exchange is a novel, state-of-the-heart, centralized cryptocurrency trading platform that provides all the tools needed for trading in terms of the current news in the crypto market, technical analysis, users feedback, and P2P messaging platform. It is quite obvious that the current cryptocurrency exchanges are not doing so much to help traders make the best of decisions when it comes to trading. That is why Nebula Exchange came into existence to breach that and provide all the necessary tools needed by a crypto trader to make the best trading decisions. Nebula exchange also aims to become the first cryptocurrency trading platform that will provide full support for security tokens. Another area in which Nebula Exchange is trying to change the landscape in cryptocurrency trading is by providing an avenue for low market cap tokens who finds it extremely difficult to get into some of the most popular exchanges due to high fees and other barriers. Nebula Exchange aims to be the go to exchange for all kinds of tokens in the future providing the best experience for traders and buyers.
Nebula exchange is trying to revolutionize cryptocurrency trading in the following areas:
• Security
• Current News
• Easy-To-Use Trading Platform
• Review System
• Affordable Listing
Security
Quite a number of big exchanges like Binance, Hitbtc etc. have all been hacked in the last 12 months. Nebula exchange is coming out with a platform that has been fortified with maximum security to protect traders and buyers funds on the platform. At Nebula, security is first because they believe that the very first thing to look out for in a cryptocurrency exchange is how secured funds are on the platform. So necessary measures has been put in place to detect and protect the platform from phishing and other cyber attacks. Some of the measures are DDoS protection, 2FA protection for login and withdrawals, audit of all smart contracts etc.
Current News
Latest news and information in the crypto industry is very crucial to making a cryptocurrency trading decision. Being privy to such information is an added advantage when it comes to trading cryptocurrencies. Nebula exchange has developed an “Adaptive Social Assistant” that helps by sending filtered news to a trader from cryptocurrency accounts on social networks according to some pre-specified parameters. This is a groundbreaking achievement that will be of utmost help to any crypto trader. Latest happenings in the cryptocurrencies space abound on social media platforms like twitter, bitcointalk, reddit, medium etc. Having a platform that furnishes traders with news from these platforms is a welcome development in the crypto trading space.
Easy-To-Use Trading Platform
Some of the current cryptocurrency trading platforms on the market are difficult to navigate. It is practically impossible for a novice to get on some of these exchanges to trade. Nebula exchange provides a trading platform that is simple enough for anybody to understand and use. This exchange is also robust enough to cope with the demands of millions of traders all over the world with world class tools to help any trader make the best of trades. These tools range from professional charts, stop loss, exportable trade and order history, multi sig wallet with 24/7 monitoring and many more all of which are geared towards providing the best experience for any trader that comes on the platform.
Review System
Another cool feature of Nebula exchange platform is the provision of a review system on the platform. Nebula exchange provides an avenue whereby anybody can rate the cryptocurrencies on the platform on a scale of 1-5. These reviews are publicly available to all members of the community and would help them in deciding on which solid projects to invest in and not fall for pump and dumps scams that are quite prominent in the crypto space these days.
Affordable Listing
One of the biggest issues that new projects who are still trying to find their feet in the crypto space face is quality affordable listing. Most of the top exchanges charge huge sum of money in listing fee which these projects cannot afford. Nebula exchange is a platform which provides an easy way out for these promising projects with working product. Once these projects passes Nebula due diligence, they are required to pay very affordable listing fee and in no time gets their project listed on the platform. This will allow these projects to list on credible exchange like Nebula while also leaving them with enough funds for the further development of their respective projects.
Token Information:
Name: NEBULA EXCHANGE STAR CREDITS
Type: ERC-20
Ticker: NESC
Price: $0.40 USD
Private sale soft cap: $500 000 USD
Public sale hard cap: $20 000 000 USD
NESC Token Utility and Possible Token Burning:
Transactions on the platform can be carried out with the use of the NESC tokens which carries a 50% discount in
prices. This percentage is subject to change in the future. And all transaction fees collected on the platform in the
form of NESC tokens will be burnt.Any new project that wants to list on Nebula will be required to pay listing fees in form of NESC tokens. These fees
collected in form of NESC tokens will eventually be burnt.25% of profits made by Nebula Exchange in every quarter will be used to buy back NESC tokens which will be
burnt. This is scheduled to take place every quarter of the year.Nebula exchange will continue to burn tokens until 50% of the initial total supply in ICO is reached.
Token Allocation:
- Public Sale - 65%
- Team and Advisors - 20%
- Private Pre-Sale - 10%
- Bounty and Airdrop - 5%
Allocation of Funds Raised During ICO:
- Product Development and Operation Expenses - 50%
- Global Team Expansion - 25%
- Legal and Licensing - 15%
- Marketing and Promotion - 10%
Meet The Visionary Team Behind Nebula Exchange:
Vincent Jacques - Chairman
Rohan Juneja- CEO
Nathan Collins - Chief Product Officer
Charles Li - Business Development Manager
Parany Ramilison - Lead Developer
Delphin Rakotonindrina - Full Stack Developer
Frederik Ramandaniarivo - Senior Developer
Joelisata Rabeharisolo- Developer
Rohit Behl - UI / UX Designer
Deepak Kaushik - Web Expert
Roadmap:
Nebula Exchange is quite unique in the cryptocurrency exchange space. Combining a state-of-the-art trading platform with current news, reviews, easy-to-use trading platform and P2P-messaging to provide an efficient trading solution is what every trader dreams about. That is why I am recommending this exchange to everyone because everything you need to make a successful trade is being provided on the Nebula Exchange.
For more information on Nebula exchange, please visit the following useful links:
Website: https://nebula.exchange
Whitepaper: https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf
Twitter: https://twitter.com/Nebula_Exchange
Facebook: https://www.facebook.com/Nebula.exchange/
ANN: https://bitcointalk.org/index.php?topic=4583321
Telegram: http://t.me/nebulaexchange
Author: https://bitcointalk.org/index.php?action=profile;u=1023190;sa=account