Almost all participants of the market of crypto-currencies, which had a relationship to "digital money", had at least once to trade on the crypto-exchange markets. Because when there is a need to translate your tokens into fiat, this process can not be completely avoided. In addition, this is not always easy, because the phiatic tools are not supported by very many popular exchanges, due to which you have to use the services of third-party exchangers, overpaying interest. Often you have to register on several sites to sell the token that you need. This is not very convenient, and the transfer between exchanges, and then also the exchanger, increases the money spent on the commission, and takes a lot of time. The Nauticus project has made this task easier.
Website - https://www.nauticus.io/
Telegram - https://t.me/nauticusblockchain
Whitepaper - https://cdn.nauticus.io/NauticusWhitepaperOfficial_ru.pdf
Facebook - https://www.facebook.com/NauticusBlockchain/
Twitter - https://twitter.com/nauticusen
Medium - https://medium.com/@nauticus
Instagram - https://www.instagram.com/nauticusblockchain/
About Nauticus
The Nauticus platform is an Australian project whose goal is to create a comfortable platform for the implementation of reliable crypto-currency operations. It will be an exchange that provides crypto banking services and other e-commerce solutions using blocking technology. One of the features of the site is the possibility of exchanging crypto currency for Fiat. Already by the middle of 2018, developers are going to launch the Nauticus project, where 100 Crypto-currency for bargaining will be available (for the year, the number of crypto-currencies is planned to increase to 300), as well as 7 foreign currencies (JPY, EUR, CNY, HKD, USD, AUD and ZAR) , the number of which is also expected to increase to 16 in the near future. At the same time, Nauticus will be able to provide users with global payment processing services. As a result, users will be able to send funds to each other (similar to 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 already registered in various international bodies to combat money laundering and the financing of terrorism, as well as in credit reporting agencies and the provision of an international banking license.
How will the exchange be carried out? Nauticus will have three key crypto-currencies, which will be pairs with other currencies. This is Ethereum, Bitcoin, and also the domestic currency is Nauticus Coin. Thus, when, for example, you want to buy a token / coin "Y" with a token / coin "X", you need to change the token / coin "X" to one of the key currencies, and only then buy a token / coin "Y" . It should be noted that using the internal token Nauticus Coin, you will have a fifty percent discount on commission from transactions inside this exchange. As a result, the developers will encourage users to buy the NTS token, and this will give the opportunity to repeat the positive results of the tokens of the Binance and KuCoin exchanges.
Among the essential features of the exchange, I would also like to note the following:
- Highest level of reliability. The developers pay special attention to reliability. So, the purse presented on mobile devices is protected by two-factor authentication, biometric authentication (using fingerprint sensors in the smartphone, face recognition and voice recognition). Developers offer separate wallets (cold and hot) for storage of assets, which are protected by several layers of coding.
- Quite a low commission. Based on the fact that Nauticus will connect the buyer and seller directly, will be offered rather favorable conditions for the exchange, with a commission of 0.1% (later it is planned to reduce its size).
- Reasonable interface. The site will have both a simplified functionality for beginners and a more sophisticated one for trained traders, which includes tools that simplify the process of data analysis and trading.
In the framework of Nauticus, it is also planned to implement other areas of work: a platform for sellers (integration with global POS software, use of the Nauticus token in trade processes, providing a low commission and fast transactions); Creation of a mining center (it will guarantee cheap and fast transactions to users of Nauticus, as well as provide an opportunity for further development); support ICO (providing projects that go to ICO, technical, legal and financial assistance, consultancy services that specialize in media and marketing).
Using tokens
The internal NTS token (created on the Ethtereum blockbuster) will be used on Nauticus as one of the main crypto-currencies. As mentioned earlier, using it to purchase a particular token / coin, users will have a fifty percent discount on commissions with transactions inside this exchange.
Author's Word
Everyone must decide for themselves whether to accept or not to participate in the acquisition of the token. The idea of the project is not new, however, there is nothing wrong with this if the team actually implements the trading platform. And the integration of many world currencies into the exchange will certainly attract a large number of users. It is important to understand that the project has a big competition. In his Whitepaper team notes that they have about 170 competitors. But this factor should well influence the work of the team and stimulate the creation of a good and competitive product.
The internal NTS token has absolutely every chance of success, for example, the Binance exchange token. It depends a lot on the site presented to the public and its list of opportunities. The road map of this project is painted up to 2023, but this is understandable. Any exchange, as practice has shown, needs sufficient time to increase turnover. In any case, traders and investors will only benefit from the appearance of another exchange crypto-currency.
About the author
Author of the article - clavirda
Link to author's profile on the forum bitcointalk -
https://bitcointalk.org/index.php?action=profile;u=1330528
Reference to the author's electronic wallet-
0x4Edb0b4fDb1B69D4e60537AEEf5BA145ac25b2db