MAXIMIZING THE POTENTIALS OF NEBULA EXCHANGE
In the present cryptocurrency market, cryptocurrency exchanges only make available price and volume data. This leaves the users with the onus of to make private analysis with the trading data available on the exchange. This decisions can not be made without relevant information and so most investors would need to combine technical data with market sentiments, news on the trading pair, clarity on security tokens and other necessities.
Nebula Exchange favors a centralized system because it offers a dedicated and commitment management system that provides users with the a team that can handle challenges that arise due to regulatory oversight. While the decentralized system has it's advantages, centralized form offers a lot more stability and is also easier to use for beginners.
By the time the first ever cryptocurrency emerged, talking of the Bitcoin in the year 2009, a new sun was seen to have risen. So the "green light" as it were, became apparent to all individuals, businesses, and all form of activities that could be incorporated into its operations, and the blockchain came alive. However, as the good reputation of the first coin as well as its early subsequent contemporaries began to spread abroad, the sphere of influence of the crypto coins exceedingly increased and its acceptance grew like wildfire. As the acceptance of crypto coins increased, it began to have many applications in wide range of businesses and centralization of their operation started. These businesses as they found a green pasture on the blockchain, leveraged the advantages to their selfish gains in many ways like the increasing of their operation charges, they were able to monopolise profits and stand as intermediary of operations since the beginners cannot know how to go about the trading activity. So the multitude of the challenges didnt allow investors as well as traders to maximize that state of medium value of those early coins that first emerged, until their values rose beyond what everyone could associate or transact with except for the rich folks.
For instance, the value of the Bitcoin when converted to the fiat money in US dollars at about $6600 for a Bitcoin, can't be used as a feasible coin to benefit all except to a few people. So many people place their hopes in the uprising coin, so as to enjoy its infancy, unlike the already established coins in the crypto community. In addition, there are lots of inefficiencies in virtually all of the existing trading platforms which exist, and investors haven't been excelling on account of these inefficiencies like the way transactions are being delayed and the inability for the investors to track their crypto trading. These challenges however are coupled with the exorbitant fees they charge on every transactions done. So, now, we see that the perfection of the trading activities has to be restored and if need be, be made better than what has been described as good. Seeing this lacking needs, i present the Nebula Exchange platform. This brand new platform will not only revolutionize crypto trading, it will also enlarge the coast and sphere of usability of the smaller crypto coins on the blockchain and glorify investors.
For every trader, safety is a priority especially in today's market following a wave of phishing and malware and cyber attacks on some prominent exchanges. Nebula has put a few measures to forestall any such occurrences and to ensure that the funds of it prized users are kept safe. The following measures have been ensured:
- DDoS protection from coudfare
- Password combined with 2- factor authentication for login and withdrawals
- Combination of Multi Signature Hot and Cold Wallets will be used to ensure that user funds remain safe and accessible.
- Audit of smaller contracts.
- Security audits and penetration testing by leading security consultants.
Nebula also boasts a trading platform that is large enough for high frequency established traders and simple enough for new and upcoming traders. It's ability to register upwards of a million transactions a second and up to 10 times leverage with margin trading amongst other trading trading benefits that sets it miles ahead of the rest. The information sharing mechanism on Nebula is also top notch, preventing some of the pitfalls experienced by new entrants. It provides a source of reliable information that aids both established and new traders on present market realities. On the Nebula platform, Reputation Points(RP) are earned for referrals, daily login, follower and thumb ups on reviews. Users will also be able to reward other users for profitable advice and for helping them learn the ropes. This feature ensures that good, quality information is shared since there is reward for it. This makes Nebula the perfect place to learn the intricacies of cryptocurrency.
The NebulaExchange innovated its own special reputation system, which allows users to get rewards as they refer their friends to the platform. The reputation system enables them to get paid in tokens as they perform these optional tasks, It awards them a reputation point (RP), immediately the tasks given are done. Since It hasn't been heard of any platform to support the trading of security tokens, the NebulaExchange platform happens to be the first to allow it.
Roadmap
In the report, you can locate a short yet instructive guide. The undertaking was formally presented in the final quarter of a year ago. As of now in the first quarter the new site of the task was exhibited, the group reported the finishing of the stage improvement – the beta variant was authoritatively propelled. In the second quarter, the group was effectively occupied with the ICO. The NESC token rundown is planned for the third quarter of the year. The venture tuned the collaboration with the air in the second quarter, and the trade with bitcoin will be accessible just in the third. Additionally in the second from last quarter, mystery tokens will be recorded. Toward the finish of the year, it is intended to introduce the application for Android.
As I have stated, Nebula has a very rewarding referral system. Each user on Nebula would have a unique referral code that can be shared with others and when any user registers with this code, the referee is entitled to 50% of the transaction fee to be paid for a whole year. The main sources of income on the Nebula exchange platform are the Transaction fee, the Withdrawal fee and the Listing fee.
The Nebula Exchange Star Credit (NESC) will be Nebula's official Token. Users can pay transaction fees in NESC and also qualify for a 50% discount. Also, new listings will be required to be paid in the NESC tokens and all NESC tokens collected as listing fees will be burned.
USEFUL LINKS
Website: https://nebula.exchange
Whitepaper: https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=3642473.msg36660706#msg36660706
Twitter: https://twitter.com/Nebula_Exchange
Facebook: https://www.facebook.com/Nebula.exchange/
Linkedin: https://www.linkedin.com/company/nebula-exchange/
Telegram: http://t.me/nebulaexchange
Author: https://bitcointalk.org/index.php?action=profile;u=2148371