Nebula -Cryptocurrency exchange
Introduction
The company dealing in cryptocurrency exchange; Nebula aims to supply support for cryptocurrencies that struggle to search out the reasonable listing, will launch by the end of March with a unique reputation system. On large exchange of cryptocurrency like Binance and Bitfinex, it's tough to search out with little market valuations and shallow order books, because massive cryptocurrencies tend to list cryptocurrencies with the potential to attract high profile consumers and large-scale traders. As such, cryptocurrency traders accept exchanges like Huobi and OKEx for small market cap coins. According to the Nebula development team, the exchange was designed specifically to support orphaned projects that might not realize reasonable listing. it will be ready to support cryptocurrencies and blockchain projects overlooked by major cryptocurrency trading platforms. Exchange, sometimes requires a large listing free of $50,000 to over $500,000, that is really not possible for small cryptocurrencies and blockchain comes to afford. Nebula is eyeing to take over the niche market of orphaned projects and small cryptocurrencies, with a fee of 0.1% and small taker fees with lower listing fees, that most exchanges have overlooked within the past 2 years.
What Nebula Provides?
Uniquely, Nebula additionally permits users and traders to rate comes with a reputation system, almost like however products are rated on e-commerce platforms like Amazon. Scams, good-for-nothing investments, pump & dumps, and comes with no substance, clear vision, and powerful developers can receive poor ratings, giving newcomers and casual traders an additional economical method of segregating projects. Nebula awards the projects with high ratings by being advertised on the front page of the exchange, giving additional exposure to traders and investors on the trading platform. a large interactive nebula cloud with twenty distinct stars will have the logos of the top twenty volume cryptocurrencies. The investors and trader’s majority in the global cryptocurrency market has criticized many exchanges, even large-scale trading platforms, for failing to transparently disclose the structure of their companies and legal registrations. Nebula Exchange, a fully know Your customer (KYC) compliant exchange with margin trading, is registered in Singapore with an organization known as Chain Trade, that have already got a commercial business of its own that enables the trading of commodities on the blockchain like food and raw materials.
The Problem
As recent security breaches and hacking attacks, like the theft of over $530 million worth of NEM from Japanese trading platform Coin check caused by the usage of hot wallets, Nebula enforced a robust multi-signature system to protect user funds and operate a cold storage wallet to store the funds of traders safely, offline. The team, led by chief executive officer Vincent Jacques and CMO Nathan Collins, have an important trade and enterprise expertise and are confident that it will address the considerations, necessities, and demands from the cryptocurrency community.
Nebula Exchange benefits
Demo
There's a pleasant demo of Nebula Exchange’s trading platform, with charts from trading read, depth of market, order book, etc.
Coins
Though we couldn't realize a definitive list of the coins obtainable for trading on Nebula Exchange, we notice that there'll be some a lot of obscure tokens and altcoins that rarely seem on different exchanges, if at all, additionally to the favoured ones like Bitcoin, Ether, etc.
Leverage
Nebula Exchange can allow users to trade with up to 1:10 leverage through the utilization of derivatives, which may be quite engaging for a lot of dedicated traders and is a service almost like that of the many regulated forex brokers who supply margin trading on cryptocurrency CFDs. the great factor regarding Nebula Exchange is that a consumer can use their account each for purchasing and selling cryptos and for leveraged trading.
Fiat trading
It also provides an option to shop for and sell cryptocurrencies for fiat, EUR, and USD, with an easy KYC procedure and secure deposit choices.
Wallet
Nebula Exchange will provide a multi-signature wallet, with the choice to store, send and receive cryptocurrencies.
For More Information Visit:
Website: https://nebula.exchange/
Whitepaper: https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf
Telegram : http://t.me/nebulaexchange
Twitter: https://twitter.com/Nebula_Exchange
Author details
Bitcointalk profile Username : Crypbull (https://bitcointalk.org/index.php?action=profile;u=1230529)