Nebula Exchange: What You Should Know

in #blockchain6 years ago (edited)

Cryptocurrency exchanges have undoubtedly played a major role in providing price and volume data to most cryptocurrency enthusiasts—which in turn inform their trading decisions. However, these primary roles exchanges provide becomes inadequate when you consider that the responsibility massively falls on investors to do their own homework and analysis as the information on the exchange's platform is barely sufficient to equip them to trade profitably.
Naturally, every investor aspires to be informed on the market sentiments on the particular trading pair, macroeconomic views on alternate coins and cryptocurrency market, analyst reports or price targets by other known trades, clarity on security tokens, and news on the particular trading pair.
Now, in the event that these aren’t available on most exchanges, investors take solace in getting information from the multiple platforms operated by these cryptocurrencies, news, macroeconomic views etc—all of which could be influenced by sentiments, the bias of the reporter, fake or poorly researched news.
Indulging in a trade based on insufficient or inaccurate news has been the downfall of most investors and with the nascent stage of the cryptocurrency market, it is important that traders; especially those venturing into the trade are armed with information that is reliable and dependable—at all times.
Nebula Exchange- Its Advantage over other Exchanges
Nebula exchange is a centralized cryptocurrency exchange platform that seeks to bridge the divide in the exchange market; by providing investors with a state-of-the-art trading platform that is rich with authentic news, technical analysis, reliable user reviews, and P2P messaging—which makes it a one-stop community that resolves any concern that an investor needs to be clarified to make a trade decision.
The Nebula exchange also aspires to become one of the first exchanges to provide support to security tokens (digitized equity in a company). Security tokens have overtime been plagued with lack of support from most exchanges—which has been a source of controversy ravaging the crypto trading ecosystem. However, Nebula exchange believes that security exchange has the capacity of being a major part of the crypto market caps in the next two years; hence their support for the token.
With over 190 active exchanges present with more joining the league daily, yet with 50% of the volumes generated by exchanges resident amongst the top 10 exchanges, Nebula exchange is still confident to find its place in the top 20 before the end of 2018. It relies on its unique approach to exchange—information, community building, and support for security tokens as the way to accomplish this feat.
Other advantages the Nebula exchange offers are:

Security
The major challenge that most exchanges face is with security and Nebula exchange has put in place top-notch security measures like passwords alongside two-steps authentication for login and withdrawals, DDoS protection powered by Cloudflare, leading security consultants to carry out security audit and Penetration Testing, Audit of all smart contracts, and combination of multi-signature hot and cold wallet to ensure that funds remain safe and accessible.
Trading Platform
The Nebula exchange platform thrives in that it embraces the technical know-how of experienced traders and the inexperience of newbie—giving everyone a place.
Some of the functionalities the platform offers are the ability to register 1million transactions in a second, exportable trade and order history, multi-sig wallets with 24/7 monitoring, professional charts licensed from trading view, limit, export and stop loss orders.
Authentic Information Dissemination
The platform provides authentic information thereby solving the problem of sourcing for information by investors. Information found on the Nebula exchange platform in real-time, verified, and reliable.
Review System
The review system in place gives everyone an opportunity to earn a 5-star for every cryptocurrency on the platform. With the community openly rating these reviews—this way, it’s easy to find a reviewer that has built a portfolio for positive and honest reviews and follow them for subsequent news—while reviews that lack credibility would just phase into oblivion.
It also makes it easy to locate the latest report on the rating of each currency— that way an investor can plan their entry and exit mechanism while trading. The likelihood of investors being scammed reduces drastically as all the information they need is openly displayed.
Reputation System
In order to keep the Nebula exchange platform community authentic, a reputation system is employed. This works by assigning a Reputation Point (RP) of zero to any new account that is opened. As a user provides the community with information that is found beneficial, their point increases—this point is displayed on any review the user makes, alongside his previous reviews. This way, it’s easy for users to build a reputation for themselves.
News System
The demand to stay abreast with the latest and credible news has never been timelier. Nebula exchange prides itself on producing only verified news on its platform and in real-time.
P2P Messaging
This functionality makes it easy for traders to share opinions, listen to conversations, and start conversations amongst themselves. Every Nebula exchange user will be given a private message box; so that they are able to connect.
Conclusion
Nebula exchange is an answer to the cry of thousands of cryptocurrency enthusiasts and investors—soon, all the worries about the insecurities that plague trading on exchanges, the lack of reliable information, and the fear of falling into scammers will be a thing of the past.

For more useful information, please click on the below 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=4583209
Telegram: http://t.me/nebulaexchange

Author's bitcointalk username: mayukus4life
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1777715

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