TRON [TRX] Becomes Crypto King with Highest Gains in Booming Market

Tron is leading the crypto market gains by surging about 18 percent as its independence day comes closer. OKEx has already announced the temporary suspension of TRX token deposit and withdrawal while Coinoah exchange has announced its support for block…

Cryptocurrency Market Update: Ontology (ONT) Price Profits from New Partnership

FOMO Moments
Current performing altcoins are Ontology, Tron, Ethereum Classic, and Icon.
The bears were caught napping and a small, but possibly short-lived, bounce occurred in the crypto markets a few hours ago. In what appears to be a single whal…

Cryptocurrency Market Update: Ontology (ONT) Price Profits from New Partnership

FOMO Moments
Current performing altcoins are Ontology, Tron, Ethereum Classic, and Icon.
The bears were caught napping and a small, but possibly short-lived, bounce occurred in the crypto markets a few hours ago. In what appears to be a single whale …

Death of Coinbase? Binance to Introduce Euro Trading Pairs This Year

Crypto exchange giant Binance might take cryptocurrencies to a whole new level this year, bringing them a bit closer to the mainstream financial market. Changpeng Zhao, the Chief Executive Officer of the world’s largest cryptocurrency exchange, said in…

Death of Coinbase? Binance to Introduce Euro Trading Pairs This Year

Crypto exchange giant Binance might take cryptocurrencies to a whole new level this year, bringing them a bit closer to the mainstream financial market. Changpeng Zhao, the Chief Executive Officer of the world’s largest cryptocurrency exchange, said in…

Cryptocurrency Exchange Nebula to Launch in February, With Unique Reputation System

Source : Cryptocurrency Exchange Nebula to Launch in February, With Unique Reputation System Nebula, a cryptocurrency exchange which aims to provide support for cryptocurrencies that struggle to find affordable listing, will launch by the end of February with a unique reputation system. On major cryptocurrency exchanges like Binance and Bitfinex, it is difficult to find cryptocurrencies with small market valuations and shallow order books, because large cryptocurrencies tend to list cryptocurrencies with the potential to attract high profile buyers and large-scale traders. As such, cryptocurrency traders rely on exchanges like Huobi and OKEx for small market cap coins. According to the Nebula development team, the exchange was built specifically to support orphaned projects that could not find affordable listing. It will be able to support cryptocurrencies and blockchain projects left out by major cryptocurrency trading platforms. Some exchanges impose a listing fee in the range of $50,000 to over $500,000, which is realistically not possible for small cryptocurrencies and blockchain projects to afford. With a 0.1 percent fee and small taker fees with lower listing fees, Nebula is eyeing to take over the niche market of orphaned projects and small cryptocurrencies, which most exchanges have overlooked in the past two years. Uniquely, Nebula also allows users and traders to rate projects with a reputation system, similar to how products are rated on e-commerce platforms like Amazon. Scams, worthless investments, pump & dumps, and projects with no substance, clear vision, and strong developers will receive poor ratings, giving newcomers and casual traders a more efficient method of segregating projects. Projects with high ratings will be rewarded by being advertised on the front page of the exchange, giving more exposure to traders and investors on the trading platform. A large interactive nebula cloud with 20 distinct stars will have the logos of the top 20 volume cryptocurrencies. The majority of investors and traders 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 a company called ChainTrade, which already have a commercial businesses of its own that enables the trading of commodities on the blockchain such as food and raw materials. In light of recent security breaches and hacking attacks, such as the theft of over $530 million worth of NEM from Japanese trading platform Coincheck caused by the usage of hot wallets, Nebula implemented 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 CEO Vincent Jacques and CMO Nathan Collins, have significant trader and entrepreneur experience, and are confident that it can address the concerns, requirements, and demands from the cryptocurrency community. The post Cryptocurrency Exchange Nebula to Launch in February, With Unique Reputation System appeared first on NewsBTC.

Do NOT follow this link or you will be banned from the site!