REVIEW OF NEBULA EXCHANGE.

Currently, centralized exchanges house trades of almost all cryptocurrency traders. Centralized exchanges provide a conducive and essential platform where cryptocurrency buyers and sellers can conduct their trades with one another. The uniqueness of these exchanges is that they also provide traders with other features and financial services that includes advanced trading and margin lending.

Centralized exchanges have a user-friendly interface, even though a lot of personal information is required by these exchanges, it all serve a purpose of that complies with anti-money laundering laws of the country which they operate in. The exchanges ensure that all information provided by users are saved securely without interference of any third parties, they also provide fiat gateways for that encourages fast transaction, currencies like Dollars, Euros and Yuans are available, however not all exchanges do render these services, but fiat can be deposited and traded for other cryptocurrencies. For the growth and development of cryptocurrencies, centralized exchanges will always be required to deal with requirements of large sum of fiat.

On present and driving exchanges, for example, Bitfinex and Binance, it is very troublesome for digital currencies with a little market capitalization and shallow request books. This is on the grounds that expansive exchanges tend to list digital coins, which have a chance to draw in more buyers and traders. The outcome is that digital cash traders depend on exchanges, for example, OKEx and Huobi for coins with a little market capitalization.

Centralized and decentralized exchanges face different kind of issues when it comes to security difficulties. Blockchain technology has created a logic where the exchanges' network enhance the security and verification of these centralized exchanges, keeping them secured and dispersed globally.Trades conducted on a decentralized exchanges occur on a peer-to-peer form of transaction, from one user to another. The centralized and decentralized exchanges are still yet to provided a complete solution that will tackle all the cryptocurrency market difficulties. Institutional investors and huge bag holders are jumping into the market and it continue to grow in different levels. That’s where NEBULA exchange comes in, creating a unique cryptocurrency trading environment where top currencies can be traded, also providing advise to traders.

About Nebula Exchange.

Nebula exchange is a well equipped cryptocurrency exchange built to support trading of top digital currencies and serve other advisable purposes like reviews, trading analysis and a peer2peer chat, for a balanced trading ecosystem. The exchange also aim to provide traders who have little or no experience with information and guidelines. one of the main goal of the platform is to enable coin which can not afford being listed on exchanges to trade on the Nebula exchange for a small fee.

As indicated by the development group working at the Nebula Exchange, this exchange was worked considering stranded projects. These projects have been unable to locate a reasonable listing. It will bolster computerized monetary standards and blockchain projects abandoned by advanced cryptocurrency exchanges. A portion of the significant exchanges have a listing expense that reaches from $50,000 to over $500,000. This is a figure, which little projects can't manage.

Nebula exchange is extraordinary base on the capacity to make a possess liquidity pool for a greater arrangement and rapid execution of orders, worked in trade algorithms, robots and managed accounts, futures, derivatives, and margin trading, for the advantages of the traders and digital currencies in general.

Features Of Nebula Exchange.

New projects find it hard to be listed on the most promising exchanges. With Nebula's aims to secure a stage for alternative coins, developers of coins have the alternative to propose their coin for listing on the exchange, by filling in a short form on the nebula site. This will aid the availability of numerous altcoins to be traded on the platform.

Nebula Exchange will consider users to exchange with up to 1:10 leverage using subsidiaries, which can be very alluring for more committed traders and is an administration like that of numerous managed forex brokers who offer edge margin trading on digital currencies. The decent thing about Nebula Exchange is that a customer can utilize their record both for buying and selling cryptocurrencies and for utilized exchanging.

Nebula plans to secure clients funds with multi-signature encrypted cold storage system, this will prevent the platform from thefts and hacks. the platform will use audit of smart contracts, security testing and penetration audit, DDoS protection and 2-factor authentication system to keep the exchange safe.

Notwithstanding everything else, Nebula guarantees the dispatch portable application for Android and iOS gadgets that will empower customers to exchange in a hurry. This is still in progress, but will allow users to make use of the platform anywhere in the globe.

Nebula Exchange will also offer the option to exchange cryptocurrencies for fiat EUR, (Yuan and USD), Although it may varies from countries, because some nations require some license and verification to trade. A simple KYC procedure will also be involve in order to secure deposit and withdrawal options.

The Nebula Exchange venture offers a multi-signature wallet with the capacity to store, send and receive cryptocurrencies. The Nebula wallet will incorporate every one of the highlights that satisfies this innovation.

The platform has a unique way of rewarding users in form of referrals, any user that brings in a new user gets rewarded with 50% of the transaction fee of referred user.

Traders will have the capacity to vote and rate the different projects and coins on the exchange, comparatively to items evaluations in online stores. In this manner, scams,worthless investments, pump & dumps, and projects with no substance, clear vision, and solid developers will get poor evaluations, giving newcomers and easygoing traders a more productive strategy for isolating tasks. The altcoins and good projects with high appraisals will be compensated with free promoting on Nebula's first page.

Nebula Revenue Model.

• Transaction Fee:- The Nebula exchange will charge a percentage of 0.1% for all transactions that take place on the platform. These fees may be revised anytime, due to management order. This fees does not include any special offer or referral kickbacks.
• Listing Fee:- Every new project on the exchange will be required to pay certain listing fee, although these fees will be made affordable for startup project in order to get their coins trading on the exchange.
• Withdrawal Fee:- Withdrawals of funds from the platform will be charge with little amount of fee to help sustain the exchange.

NESC TOKEN

The Nebula (NESC) token is a utility token that fuels the platform. It is the generic token of the Nebula exchange as it will be responsible for all transactions done on the platform. Transaction fees will be paid by users in NESC for a 50% discount rates. Listing of new coins will also be done using the NESC token for payment.

Conclusion

The Nebula Exchange project looks extremely encouraging and will have some extremely pleasant highlights in the future, as long as it at last dispatches its activities. Until further notice it is just making guarantees and deferring the begin.
The project locates the low expenses especially alluring, and additionally the likelihood to put resources into cloud, yet encouraging cryptocurrency project, which are not recorded somewhere else. I likewise like the utilized exchanging alternative.

Nebula Useful Links:
Website: https://nebula.exchange
Whitepaper: https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf
Twitter: https://twitter.com/Nebula_Exchange
Facebook: https://www.facebook.com/Nebula.exchange/

Bitcointalk username: Xpency
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