NEBULA EXCHANGE - THE FUTURE OF CRYPTO EXCHANGES

jayhk (38)in #exchanges • 6 years ago (edited)

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Cryptocurrency has seen a lot of advancements over the years, from the adoption of bitcoin in the year 2009, It has been on steady progress yearly . Bitcoin's blockchain technology has given rise to other coins such as ethereum and many others we know today.As bitcoin and other coin started obtaining mass adoption, it gave rise for the need of cryptoexchanges.Crypto exchanges also helped a whole lot in the growth of cryptocurrency in general .

    WHAT ARE CRYPTOCURRENCY EXCHANGES ?

These are platform where coins and tokens can be easily traded and swapped for other coins , and even for fiat on some exchanges .

These crypto exchanges have not been doing badly over the years , on the contrary they have been good. But, there are still many areas of improvement and short fallings .

These issues include

News on trading pair
Transparency on security tokens
Sentiments in the market
Price speculations by investors or unknown traders

Lets take a closer look at this short fallings and see what harm they do.

News on trading pairs :- Time and time again, projects announce news on their social media platforms .This news are posted on social media like twitter, facebook, medium, reddit and so on.After it is posted, this news gets picked up by major influencers and get to the public .When the hype is going on, the people that sees the news first invest in that particular project, and become part of the early birds and get profits from sudden pumps and increase in price.Yes, everyone love pumps ,as it brings forth more money.But the ugly side of hype pump is the fact that it leads to fomo(Fear of missing out).As most experts know,a hyped pump will eventually result in a very bad dump. When this dump happens,people that finally decided to get some of this coins lose a lot of money due to the fact that the coins they invested their funds have really dipped.

Transparency on security tokens :- There is a lot of ambiguity surrounding security tokens,most times exchanges do not support this security tokens not to talk about educating user about security tokens .This problem is also one of the biggest problems of crypto exchanges in general
Sentiment in the market :- Cryptocurrency platforms are always having social media presence, this is mainly to attract investors , when this investors get attracted some are very baised about their investments, but won't let the word out about why they eagerly need to drop that particular coin, or why they need to buy that particular coin .This lack of transparency and sentimental dealings leads to lots of victims loosing funds due to not having proper insight on their investments.
Macroeconomic Views of different cryptocurrencies:- Over the years, there are people (experts) that always air their views about the crypto industry in general.This expert give advices, keep tracks and helps investors to to be up to date . But at the same time, this experts can decide to be biased and lead investors astray just for their personal and selfish reasons .Most times these experts are chosen as advisors to some projects just to attract investors though the project might not be able to keep to their promises.
Price Speculation by investors or unknown traders:- This experts with their huge followers and fan base on social media, influence investors by giving self acclaimed trades and activities they do on the blockchain .Eventually leading to them giving self proclaimed or future token prices, and because of their fame and name, people invest in what they say and later end up getting burned .Most times this activities of experts just lead to a temporary pump and eventual dump of tokens due to FOMO and FUD(Fear uncertainty and Doubt).

As at now, most exchanges try their best to avoid security tokens and also ban users in countries where this tokens are listed as utility tokens .From all my studies I believe that exchanges should offer a lot more to their users in terms of being reliable, and also have provision for an ecosystem of security tokens .This will improve the market because huge investors will be drawn to cryptocurrency ecosystem knowing fully well that with the help of this security tokens their risks are reduced.To solve all the issues mentioned above, and create the right pattern an exchange should follow, Nebula was created .

   WHAT IS NEBULA?

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Nebula is a centralized cryptocurrency exchange with a difference, as it integrates its world class trading platform with news, specialized technical analysis, reviews from users, and lastly P2P messaging to give provision for a continuous solutions for traders.

  WHY CENTRALIZED?

A lot of exchanges are coming up with platforms that are decentralized, where users are able to absolutely control everything themselves, but this comes at a very great expense, because newbies can easily make mistakes and lose huge amount of funds, because they are in total control of their dealings .Even professional traders can lose funds too if then are not provided with the tools needed to trade efficiently, this is why the Nebula team offers to monitor and keep track of transaction going on, on the exchange .

  WHAT DOES NEBULA OFFER TO ITS USERS ?

Maximum security
Trading of security tokens
Users voices are listened to
Earning reputation points is possible, also users get rewards for referring friends .
Multiple cryptocurrencies are accepted
and tradable on the nebula exchange.
Provision for margin Trading .

It is rather obvious that there are lots of of advantages of Nebula exchange to the users , but you may think, what sets Nebula aside from competitors? Stay glued .

 WHAT DISTINGUISHES NEBULA FROM OTHER 
 EXCHANGES

Security :- Phishing sites and hackers are not taking a nap, and traders want maximum assurance that their assets are in safe hands, no one wants to lose their funds . This is why Nebula put certain measures in place to ensure 100% safety of users assets , this measures are;

Audit of smart contracts is available on the nebula exchange .
Protection by DDOS from cloudflare is available on the nebula exchange
Integrating both hot and cold wallets, this will further increase protection of traders assets .
Provision of 2-factor authentication for logins and also withdrawal confirmations .
Expert security consultants are at standby, testing the exchange for flaws and fixing them instantly to make the exchange impenetrable.
Trading view licensed and professional charts is also available on the nebula exchange
Stop loss, buy limit are available on the nebula exchange .
There is also provision of multi sig wallets with 24/7 monitoring on the nebula exchange
About 10 X leverage is achievable through margin trading on the nebula exchange
Exportable trade and order history is available on the nebula exchange .
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NESC TOKENS 
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NESC token is the official token of the nebula exchange .It is an Erc-20 based token which means its based on the ethereum blockchain .

USES OF NESC TOKENS

It is utilized in all dealing on the exchange .
It aids in the growth of the Nebula exchange in general .
Can be easily traded with other top coin on the crypto ecosystem .
Transaction fees can be paid with NESC tokens .
Will be utilized when new tokens are to be listed on the exchange.
NESC can easily be used to store funds instead of fiat currency and can be withdrawn at any time the holder wishes.

TOKEN DETAILS

Token Ticker :- NESC

Token Class :- Erc-20

Token price :- USD 0.40

ICO SOFT CAP :- USD 500,000

ICO HARD CAP :- USD 20,000,000.
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TEAM

Nebula exchange is handled by a group of professionals in different fields that align with the nebula exchange platform. This goal driven individuals are ready to take the crypto market by storm and leave a positive mark in the market. Pictures below .