NEBULA EXCHANGE : NEXT GENERATION CRYPTOCURRENCY EXCHANGE UPHOLDING SECURITY & TRANSPARENCY

OVERVIEW
Cryptocurrency market capitalization and trading volume has experienced a massive spike over the years, even with the challenges in universal adoption of blockchain and cryptocurrency. Cryptocurrency exchanges simply put are platforms for trading cryptocurrency with other cryptocurrencies or digital assets and also with FIAT. Daily market trading volumes of cryptocurrency shows a great interest from individuals worldwide in this sector and can be viewed from https://coinmarketcap.com/exchanges/volume/24-hour/ . Presently, there are about 190 exchanges with an increasing growth in figures as time goes on. Most of these exchanges do not really meet traders' expectations, with regards trading fees, security, speed, availability of multiple trading pairs, easy to use interface, including other value added features. I remember losing funds to an exchange last year after a security breach, the experience wasn’t funny hence there is need for amelioration. These lags sometimes make traders to hold their digital assets (cryptocurrency) in their personal wallets rather than risking it by trading on crappie exchanges. The good news is, Nebula exchange has been enacted to curb the drawbacks of most existing exchanges. Nebula exchange is a promising centralized exchange which proffers revamped and outstanding features like cryptocurrency news, user reviews, technical analysis (TA), Peer-2-peer messaging to mention but a few, keeping the community at heart. This will go a long way to assist traders at large, especially new traders who need to be very careful when making trading decisions. Another mind-blowing aspect about Nebula exchange is that, security tokens will be listed as opposed to some already existing exchanges giving deaf ears to listing security tokens. Nebula seeks to be among the top twenty exchanges with regards trading volume, which is achievable considering the superb plans already on ground. It is pertinent to note that, most exchanges usually do not have community focus, rather it’s all about the funds they get from trading fees. From past experience, many exchanges having their native tokens usually are among the top rated , giving some core examples like Binance, Huobi and kucoin. Although this is not a benchmark for rating exchanges, but it’s a plus to Nebula because it also has its own native token with outstanding use cases.

It’s important to note that, Nebula team did proper research on the pros and cons of existing exchanges, before enacting and adopting the ideology of coming up with Nebula Exchange . A comparative analysis of centralized and decentralized exchanges include, but not limited to the following :
• Centralized exchanges are vast and encompasses all possible tokens and coins, unlike decentralized exchanges limited to some particular tokens like ERC-20 tokens using Ethereum blockchain (ETHERDELTA, FORKDELTA, IDEX), NEP-5 tokens using NEO blockchain (SWITCHEO), and tokens built on Waves blockchain (Waves Platform).
• Centralized exchanges usually have faster trading speed when compared to decentralized exchanges.
• FIAT pairs are common with centralized exchanges unlike decentralized exchanges.
• Decentralized exchanges are more secure, especially when using a web3 browser, when compared to centralized exchanges.
• Exchange staff can manipulate trades on centralized exchanges which is not the case with decentralized exchanges.
• The requirement of KYC for high volume trading on centralized exchanges and compulsory before making withdrawal for some is a limitation, unlike decentralized exchanges which do not require any form of KYC.
• Centralized exchange with a good team can enhance user experience with advanced features which is not often the case with decentralized exchanges which always have the basic features.
• There is higher liquidity on centralized exchanges as opposed to no liquidity on decentralized exchanges.

After proper study and consideration by the Nebula team members, they decided to adopt centralized exchange in order to provide more advance features and also to proffer a more robust support to users.

WHAT MAKES NEBULA EXCHANGE UNIQUE AND DIFFERENT FROM OTHERS?
One of the major features of Nebula is that it’s super secure. Before trading on any exchange, I usually look at the security because I’ve been a victim of an exchange hack as aforementioned, once bitten twice shy. The rate of cyber attacks and phishing activities on exchanges is alarming nowadays. Traders or users can be rest assured their funds are safe on Nebula exchange because some major security steps have been taken including : penetration testing and security audit by top notch security consultants, Multi Signature combination of hot and cold wallets, proper smart contract audit, password plus 2FA authentication before login and DDOS protection using cloudfare technology.

Traders will have a seamless experience while using the trading platform. Speed of transaction will be at its peak, registering about a million transactions every second. Trading view professional charts will be available to assist traders in taking trading decisions. Limit order, market and stop loss orders will be available to reduce loss during a major dip. Trade and order history can be exported for record keeping or documentation purpose. Margin trading will be possible up to 10x leverage and multi signature wallet will be integrated, running all round the clock. Traders can access the trading platform at every time of the day.

One of the most amazing features integrated on Nebula exchange is information sharing feature which include news system, reputation system, peer-to-peer messaging and troll box, and reputation. Most traders usually get buy calls from popular paid figures with social presence, and also from rumors on social media. Most times these buy calls get traders “burnt”. I remember buying a token after getting signal from a pump group, and my funds went down by 150% after the pump and dump. Most times, making trading decisions is not very easy especially for new traders. It will impress you to know that, Nebula exchange curbs this problem of buying due to fake pump rumors a great deal with the legit information sharing feature. All users are allowed to write 5-star reviews for any cryptocurrency on Nebula platform and can also provide TA charts and price targets. The reviews will be rated by the entire community, placing the best reviews at the top. Users can easily follow top reviews and also new hot reviews. This will help traders get reliable ratings for cryptocurrency hence assisting them in deciding whether to buy in or not, reducing pump and dump scam. The reputation system will grade user accounts based on reputation points. New accounts will have zero reputation point and will get reputation points based on their contribution to Nebula community. For instance, referring new users or getting likes from reviews will earn reputation points. Users reputation point will be displayed on their reviews, hence its easy to know reputable Nebula community contributors. Newbies to crypto trading will benefit a whole lot from this activities, and also contributors will benefit since a THANK feature is integrated to support contributors. The news system of Nebula exchange is remarkable, considering the fact that trustworthy cryptocurrency information will be broadcasted in the announcement channel. The news system will ensure timely updates on credible cryptocurrency news or articles. Multi-language Peer-to-peer messaging troll box will be available for conversation among traders , sharing views and opinions.

As earlier stated, Nebula will list security tokens which is seldom the case with many existing exchanges. Many might be wondering what security tokens are, security tokens can be easily defined as a company’s digitized equity. Digitized equity can be likened to stocks end holders can benefit from company dividends. Nebula exchange will ensure compliance with regulations with regards trading such security tokens, for instance KYC (know Your customer) and AML requirements.

FIAT (local currency) pairings will be available. Traders from all round the globe can use local currency to trade cryptocurrency. Embedding these functionality entails overcoming some challenges but Nebula has a great vision and superb plans to expand their presence worldwide and add FIAT pairs, example JPY and KRW. Nebula will abide with the regulations enforced with regards these functionalities.

Many centralized exchanges demand huge some of money before listing a cryptocurrency. This is common with the top rated exchanges. Coupled with the gigantic listing fees, delay in listing is another issue. Cryptocurrency projects which pass Nebula due diligence process will easily be listed with reduced listing fees. This will aid team members of projects to channel more of their funds generated from ICO to project development rather than paying exorbitant amounts for listing. This is a major breakthrough by Nebula, considering the fact that Nebula exchange promises to be among the top exchanges.

Everyone likes rewards after contribution to a system, and Nebula exchange is not an exception of platforms rewarding contributors. Nebula referral system reward users who bring in new members to join the community using their unique referral code. Fifty percent of transaction fees of those referred to the system will be credited to the referrer’s account as their reward for contributing to the system. Anyone can refer unlimited number of new members to grow the community, although Nebula exchange reserved the right to make proper changes in future in order not to cause any harm to the system when need be.

NESC TOKEN AND TOKEN GENERATION EVENT (TGE) DETAILS
NESC token is the native token of Nebula exchange which will be used for transaction fees and paying for listing. Users who use NESC as transaction fees will get 50 percent discount on fees. Check token details below:

TOKEN NAME: Nebula Exchange Star Credits
Token Ticker : NESC
Token type : ERC20
Token price : $0.4
Private pre-sale soft cap: $500,000
Public sale hard cap: $20 million
Upper cap on total tokens generated: 100 million

Preview of token allocation :

TEAM
The team members comprise of experienced intellectuals who have done proper research and came up with the best possible solutions to satisfy cryptocurrency traders with unique features and are willing to attain the project aim. See image below for team members :

USEFUL LINKS
Visit the website, read the whitepaper and join various social media communities to get updates about this remarkable project. Check links below :

Website : https://nebula.exchange
Whitepaper : https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4583209
ICO link: https://nebula.exchange/ico/
Facebook : https://www.facebook.com/Nebula.exchange/
Telegram: https://t.me/nebulaexchange
LinkedIn : https://www.linkedin.com/company/nebula-exchange/
Twitter : https://twitter.com/nebula_exchange
Frequently asked questions : https://nebula.exchange/faq/

Writer's bitcointalk username : deodivine1
Writer's bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1390292