NEBULA: A UNIQUE CENTRALIZED CRYPTOCURRENCY EXCHANGE PLATFORM

lollyk (35)in #blockchain • 6 years ago (edited)

INTRODUCTION

Nebula Exchange is a cryptocurrency-based exchange platform based in Singapore that seeks to provide a network where cryptocurrency can be traded in pairs. It operates on centralized system and uses the latest trading features such as real-time updates, technical analysis and peer-to-peer messaging. This features make the platform a choice trading destination for most cryptocurrency traders.

Although currently, the platform is still in its inchoate state, it isn’t yet functional, nonetheless, it shows prospects of being promising. For instance, the platform hopes to feature certain small altcoins that could never be found on most exchanges and act as a leverage for such coin to be listed, while charging just a token.

WHAT MAKES NEBULA EXCHANGE STANDS OUT AMONG OTHER PLATFORMS ?

. SAFETY

As a result of recent upsurge in the level of data theft, hacking, malware viruses, pishing on major cryptocurrency trading platforms, most traders always want to be sure of the exchange platform’s safety before coming on board. Nebula Exchange has put in place certain measures to guarantee safety at all times. For instance, it uses a decentralized DOS by Cloudflare to shield the platform from hacking and the password requires multiple stages for confirmation before users can login or make withdrawal. By this means, guessing the users passwords is almost not feasible.

Again, the wallet that contains user’s fund is secured with hot and cold multiple signatures and the smart contracts is regularly audited. The platform is checked regularly for infiltration by professional security experts.

. INFORMATION SHARING

Most people cannot figure out what their first trade looks like. Nearly all traders make mistake at certain periods, nevertheless the key problem confronting the cryptocurrency trading platform currently is a dependable information system.

Going through the whitepaper might seem to be a brilliant idea, but what happens to the not-so-technically-inclined? Perhaps you might want to take some tips from the social website of the company, it is very likely that you get a false impression as it will be full of people who have committed their cash to it and will say anything to lure you in.

Public social media is equally not advisable as it is filled of sponsored posts, scammers and competitors whose information can’t be banked on. In such a scenario, a prudent and reasonable trader attempting to make a reasonable trade must keep watch on the various news outlet and figure out the reasonable details from the chaff.
To simplify the process of seeking market information, Nebula Platform provides a framework where anybody can author a review on choice cryptocurrency listed on the website. Users are at liberty to provide price targets on the currencies as well. These reviews are rated by the community and the latest reviews can be sourced anytime.

It is possible to follow a trusted reviewer to seek market information so that the user gets notified each time the person submits a review.
Nebula Exchange will publish the overall rating for every listed currency, such that uses don’t make the mistake of investing in a scam cryptocurrency.

NEBULA EXCHANGE TOKEN

The token for Nebula Exchange is the NESC, Nebula Exchange Star Credit. The ticker type is ERC20 and the token price is $0.40. The private pre-sale soft cap is USD 500,000 and the public sale hard cap is USD 20,000,000. The upper cap on total cap generated is 100,000,000.

PROJECT TIMELINE

CONCLUSION

Nebula Exchange is a cryptoexchange platform that offers the leverage for small currencies to get a listing by paying a token. Security is maintained on the platform and adequate information is given to users so that they do not trade in error. Nebula Exchange seeks to be the best platforms for exchanging cryptocurrencies.

THE PROJECT TEAM