NEBULA EXCHANGE- Project Review
This is the exchange platform of the future, the exchange platform that we have all been waiting for. Nebula Exchange is a centralized cryptocurrency exchange platform that brings to the fore all the advantages of present exchange platforms with none of the disadvantages. It combines state of the art platform with news , technical analysis, user reviews to provide a platform that is a one stop solution and also community centered. In a market that does not support security tokens, Nebula exchange aims to provide support to these. At this stage of cryptocurrency exchange, consumers deserve what Nebula Exchange offers beyond just price and volume information.
In the present cryptocurrency market, cryptocurrency exchanges only make available price and volume data. This leaves the users with the onus of to make private analysis with the trading data available on the exchange. This decisions can not be made without relevant information and so most investors would need to combine technical data with market sentiments, news on the trading pair, clarity on security tokens and other necessities.
Nebula Exchange favors a centralized system because it offers a dedicated and commitment management system that provides users with the a team that can handle challenges that arise due to regulatory oversight. While the decentralized system has it's advantages, centralized form offers a lot more stability and is also easier to use for beginners.
For every trader, safety is a priority especially in today's market following a wave of phishing and malware and cyber attacks on some prominent exchanges. Nebula has put a few measures to forestall any such occurrences and to ensure that the funds of it prized users are kept safe. The following measures have been ensured:
- DDoS protection from coudfare
- Password combined with 2- factor authentication for login and withdrawals
- Combination of Multi Signature Hot and Cold Wallets will be used to ensure that user funds remain safe and accessible.
- Audit of smaller contracts.
- Security audits and penetration testing by leading security consultants.
Nebula also boasts a trading platform that is large enough for high frequency established traders and simple enough for new and upcoming traders. It's ability to register upwards of a million transactions a second and up to 10 times leverage with margin trading amongst other trading trading benefits that sets it miles ahead of the rest. The information sharing mechanism on Nebula is also top notch, preventing some of the pitfalls experienced by new entrants. It provides a source of reliable information that aids both established and new traders on present market realities. On the Nebula platform, Reputation Points(RP) are earned for referrals, daily login, follower and thumb ups on reviews. Users will also be able to reward other users for profitable advice and for helping them learn the ropes. This feature ensures that good, quality information is shared since there is reward for it. This makes Nebula the perfect place to learn the intricacies of cryptocurrency.
Nebula will be working with closely with other projects such as Polymath to create a compliant settlement system for security tokens. Nebular exchange also intends to use a significant portion of the funds generated from the ICO to acquire the licensing required to list security tokens from relevant regulators, put in place a thorough accreditation system and expand its presence geographically.
As I have stated, Nebula has a very rewarding referral system. Each user on Nebula would have a unique referral code that can be shared with others and when any user registers with this code, the referee is entitled to 50% of the transaction fee to be paid for a whole year. The main sources of income on the Nebula exchange platform are the Transaction fee, the Withdrawal fee and the Listing fee.
The Nebula Exchange Star Credit (NESC) will be Nebula's official Token. Users can pay transaction fees in NESC and also qualify for a 50% discount. Also, new listings will be required to be paid in the NESC tokens and all NESC tokens collected as listing fees will be burned.
For more information please visit the links below;
Website: https://nebula.exchange
Whitepaper: https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=3642473.msg36660706#msg36660706
Twitter: https://twitter.com/Nebula_Exchange
Facebook: https://www.facebook.com/Nebula.exchange/
Linkedin: https://www.linkedin.com/company/nebula-exchange/
Telegram: http://t.me/nebulaexchange
Instagram: https://www.instagram.com/nebula_exchange
Author’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2170542