NuMoney Exchange – Short and Simple Summary

in #crypto7 years ago

What is NuMoney Exchange?
An exchange that provides liquidity and accessibility with fiat pairings to cryptocurrencies especially altcoins, founded by a hacker turned entrepreneur, once wanted by Interpol. The exchange will have the best features of Gemini and Binance.

The history of NuMoney and the team: https://exchange.numoney.store/story

Why will NuMoney Exchange be an excellent choice compared to other Exchanges?
Not only are you able to input fiat into the exchange by bank deposits online, you are able to walk into the physical store and buy/sell crypto currencies with ease using cold hard cash. This is a great avenue for non tech savvy people to have a simple yet effective entry point into the world of cryptocurrencies.

This might possibly be the first Crypto Bank in the making, after looking at their goals and existing infrastructure. It will not an understatement to say it has the potential to herald in a new generation of banking using both cryptocurrency and fiat.

How secure is my money, cryptocurrencies in NuMoney Exchange and why do I refer it to as a future Crypto Bank?
Liquidity in cash is easily accessible. Fiat are both stored in banks and physical cash are stored in secure Vault(s) in Singapore, operated by an organization partially owned by the Singapore government. There will be no point in time where you will be denied access to your cash in the exchange.

Strategically, by being located and started in Singapore, it has all the necessary elements needed for enormous expansion in the region as Singapore is a major hotbed for cryptocurrencies as its government is open to blockchain technology and their uses. Major coins like Ripple, Litecoin and many others have offices in Singapore for that exact reason.

When will NuMoney Exchange be launched?
The Exchange will be live anytime in March 2018. After which, there will be an IEO (Initial Exchange Offer) – NuMoney Tokens (NMX). For more information on the IEO tokens that will begin shortly after the exchange is live. Refer to the steem link below.
https://steemit.com/bitcoin/@kohjohnson/numoney-initial-exchange-offering-ieo

Where are the physical stores located?
In Singapore, the physical store is located in Leong Huat Building, located beside Tai Seng MRT (Mass Rapid Transit). There will be another store/office in the Central Business District in Singapore located at Raffles Place in the next few months.
Plans for Malaysia and Indonesia will revealed in April 2018.
Plans for further expansion into the region within 2018 to 2019 includes Thailand, Taiwan, Hong Kong, Vietnam, Philippines, India, Australia.

Who are the current supporting Partners of NuMoney Exchange?
Thomas Chan, ex-chairman of Goldman Sachs Asia, and CEO of Golden Summit Capital.
NuMex Sdn Berhad led by Businessman Ong in Malaysia.
Andika Sutoro Putra in Indonesia.
Details of partnerships: https://exchange.numoney.store/docs/partnerships

Important Links:
NuMoney Exchange: https://exchange.numoney.store/
NuMoney facebook: https://www.facebook.com/numoneystore/
NuMoney Twitter: @numoney_

NuMoney Official Telegram Groups:
Announcements: @numoney_exchange
Exchange chat: @NMX_IEO
Singapore chat: @numoneystore
Malaysia chat: @numoney_malaysia
Indonesia chat: @numoney_indonesia

All the answers are based on research and personal opinion. Join the telegram chat and get your own questions answered!

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