NEBULA EXCHANNGE: A NEXT GENERATION CRYPTO EXCHANGE THAT AIDS BETTER TRADING DECISION
The importance of cryptocurrency exchanges to the global crypto community is great. What is the essence of a currency if it is not tradable. Cryptocurrency exchanges are online platforms where you can exchange one cryptocurrency for another cryptocurrency or for fiat currency. Different exchanges have different modus operandi depending on the nature of the exchange, it is either like a stock exchange or a currency exchange at the airport, bank or local currency is exchanges such as bureau de change. Despite the importance of cryptocurrency exchanges to token holders, the current state of most cryptocurrency exchanges is not helping cryptocurrency traders make better decisions on trading. Presently, most cryptocurrency exchanges focus only on price and data volume. The inability of most cryptocurrency exchanges to provide its users with all-round information and not based on trade volume and price has made many traders lose a lot of assets when they make a trading decision based on trading data available on such exchanges. To solve this pending problem, an all in one Nebula exchange is introduced. The Nebula exchange is a decentralized cryptocurrency trading platform that offers news, technical analysis and user reviews thereby providing them more than just price and volume information for them to make a better trading decision.
CURRENT PROBLEMS OF CRYPTOCURRENCY EXCHANGE USERS
Apart from the fact that most cryptocurrency exchanges are focused on providing its user's price and trading volume data only to make trading decisions, some other major problems encountered by users of cryptocurrency exchanges include.
Market sentiment: projects use cryptocurrency related forum like Reddit, GitHub, Telegram, Facebook, Twitter etc. to gain the interest of investors in their projects. Numerous active users of these above-listed platform relay on its information to make an investment decision. The problem is that most investors do not get all the information needed about the state of the project because most information on this platform is biased.
Micro-economic view: The volatile nature of the cryptocurrency market has made it experience dip and pump from time to time. Updates of the current market situation have now been an interest of large media houses and some crypto experts. They tend to provide information to the entire crypto community but in most cases, these pieces of information are biased, ambiguous, false and unreliable.
It is now and the habit of many cryptocurrency projects to make announcements about the current progress of their project on various social media platform they are active on. Therefore an active trader interested in multiple projects must keep tabs of social media channels of hundreds of project. This can be tasking and be tiring.
Incorporating security token into cryptocurrency exchanges is an aspect where most exchanges are lagging behind even though it so predicted that security tokens will be a substantial part of cryptocurrency market cap in the next few years
The NEBULA SOLUTION
Nebula has decided to follow in the footsteps of top exchanges in the cryptocurrency market like Binance, kucoin, Hubio and many other top exchanges by building a centralized exchange platform. The idea of Nebula is superior to that of any current exchange platform. Nebula aims to be the top cryptocurrency exchange shortly after laugh by providing its users with a trading experience beyond just basic trading information like price an trade volume. Users of the Nebula exchange platform will enjoy the following:
• Secured Trading: The greatest wish of any cryptocurrency trader visiting any exchange is to make a secure transaction and Nebula Exchange is where they should head to. Nebula exchange is an exchange free from phishing, malicious and cyber attack. This is achieved by integrating the following features in the Nebula exchange Platform.
A DDoS protection from cloud fare
Password combined with 2FA for login and withdrawal.
Audit on all transactions on the platform
Security testing and presentation by leading security consultants
• A Robust Trading Platform: The interface of the Nebula exchange platform will be easy to navigate and understand by users who are new to trading and also robust enough for frequent complex traders.
• A Reliable Information Source For Traders: With Nebula exchange, active traders no longer have to keep tabs on numerous projects social media channels in order to be updated about current market positions of their tokens. To tackle this issue Nebula exchange will offer a five-star review of every cryptocurrency listed on its exchange platform, news system to update on current trends and also a peer to peer messaging and a troll box.
The NESC TOKEN
The native token of Nebula exchange will be the Nebula Exchange Star Credit (NESC). NESC is built on etherum blockchain according to the ERC-20 token standards. Its numerous utility on Nebula exchange includes for transaction fee by traders to gain 50% discount, listing fee for new projects and many more.
Token sale information
Ticker Name ----------- NESC
Token Type------------- ERC-20
Total supply -------------- 100,000,000
Pre-sale softcap----------- $500,00000
Crowdsale hardcap ------- $20,000,000
To Know More about Nebula exchange visit the following links
Website: https://nebula.exchange/
Whitepaper: https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4583209
Twitter: https://twitter.com/Nebula_Exchange
Facebook: https://www.facebook.com/Nebula.exchange/
Telegram: http://t.me/nebulaexchange
Author bitcointalk username: jamisky
bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2151951
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