No doubt that digital technology and cryptocurrency is a boon to this era. In its short existence, its essence is witnessed by all and sundry and as such, it has received a warm reception from financial institutions, the government, and even multinationals, globally. It has fast-tracked globalization, increased productivity and changed the face of business around the world.
One of the successes cryptocurrency has received accolades in the in business and money market is the lifting off of the restrictions in currency exchange. Payment for goods and services within and across national boundaries has been fast-tracked with cryptocurrency and this transaction has can be done effortlessly without taking into consideration any form of market forces.
Obviously, cryptocurrencies have done much more, however, the existing platforms for the exchange between does not seem to thrive well for projects with a low market cap.
CHALLENGES OF CRYPTOCURRENCY EXCHANGE
Cryptocurrency exchange can take various form based on the service they offer. Exchange can be done in trading platforms or it can be done via the P2P (Peer-to-Peer) medium or even with the assistance of a mediator, usually an agent with expertise in exchanges or transaction.
Whichever form this takes, the responsibility of these platforms is to help subscribers to exchange between currencies and providing relevant information for the purchase of these digital assets.
As at present, there are over a hundred cryptocurrencies existing and more are still coming into the crypto space. Based on the volume of data and other variables, such as market trends and analysis with the use of statistical tools and so on, are yardsticks to measure the popularity of these exchange platforms.
It is also observed that some exchange platforms does not list a low market cap project on their platforms.
Also, the amount of the information that is available at the disposal of the subscribers and potential ones are minimal, except for price and the volume of market caps.
Bittrex, Coinbase, Binance are some of the big names in the exchange platforms and unfortunately do not apparently help small projects, that is a project with small market capitalization and as such find it difficult to spot them in the exchange market.
Basically, how detailed and of value, the information on these trading platforms can provide can influence the decision of the subscriber.
Some of these leading platforms does not make provision for all these and so place the investor in a difficult position in making critical decisions.
Another factor that has stamped the growth of these projects is the transaction fee and also cost of managing the digital assets. Exorbitant fees charged on an investor to float their project and this can be very discouraging.
Other variables that are a challenge are efficiency, customer service and more are all contributing factors on these currency exchange platforms.
THE SOLUTION
Like earlier stated, it is obvious that these trading platforms do not seem to create a friendly ambience for smaller projects which they are intended to manage.
To solve these challenges, a blockchain project, Nebular Exchange has been developed to meet these inadequacies in the crypto exchange platform for small and coming up projects.
ABOUT NEBULA EXCHANGE
Nebula Exchange is a Singaporean blockchain Project. It is a centralized trading platform of cryptocurrency developed to help small projects excel in the crypto space of which they find it had to in the major players of currency exchange
Also, this also extends to upcoming up project providing those with all necessary market tools and information to make subscribers or investors make an informed decision before launching into the crypto space
These decisions will in turn guide investors on how to strategies to meet up with the competition and meet with the market trend.
THE PROS OF NEBULA EXCHANGE
• The crypto space is a very volatile environment and as such the safety of investor’s funds are not guaranteed. Nebular exchange offer of a very high level of encryption and as such a guarantee of the safety of client’s funds
• As against leading exchange platforms, transaction fees at the exchange is very minimal. The nebular exchange was developed with projects with low market capitalization
• Fiat currency change. The platform allows for local to digital currency exchange
• The nebula exchange mobile application which is expected to launch later this year will help clients with access the platform with smartphones and at client's convenience
TOKEN ECONOMY
Token Type: ERC20
Token Name: Nebula Exchange Star Credit
Token Ticker: NESC
Token Price: USD 0.40
Token Accepted in Public Sale: BTC, ETH
In summary, the nebula exchange was primarily for small and emerging projects to give them relevance in the crypto market and meet up with the competition of the crypto market by making available all relevant tools and information to strategies and excel.
THE TEAM
The CEO of nebula exchange Rohan Juneja is a professional market annalyst, a researcher and more, check out his complete bio through his linkedln profile link https://www.linkedin.com/in/rohanjuneja, his team comprises of experts in all needed areas to make this project a reality, there are experts in business develpoment, developers, web design experts and more. To know more about the team, visit this link https://nebula.exchange/ico/
TO KNOW MORE ABOUT THIS PROJECT PLEASE CLICK THE LINKS BELOW
Website :https://nebula.exchange/
Whitepaper: https://nebula.exchange/wp-content/transfers/2018/04/Nebula-Exchange-Whitepaper.pdf
Instagram: https://www.instagram.com/nebula_exchange/
Facebook: https://www.facebook.com/Nebula.exchange/
Telegram : http://t.me/nebulaexchange
Linkedin: https://www.linkedin.com/organization/nebula-trade/
Twitter: https://twitter.com/Nebula_Exchange
Author Bitcointalk username- ijsera82
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https://bitcointalk.org/index.php?action=profile;u=1569887;sa=account
