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*Surprisingly, the Whitepaper of  Nebula Exchange contains practically no information about the blockchain. However, this project is planning an ICO, and the developers plan to play a big role in the crypto community.*
*How is that possible? It's simple- Nebula Exchange is a centralized cryptocurrency exchange.*
*The project team deliberately left decentralization. She felt that this would be the most effective way to achieve the main goals:*
* By the end of 2018, to enter the twenty largest cryptocurrency exchanges in the world with a daily trading volume exceeding $100 million.
* Provide traders with a convenient and reliable platform for professional trading.

# Nebula Exchange-Decentralization at the Mental Level

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To achieve these goals, it was decided to combine the trading platform with social networks, news and independent reviews. Rating and rewards are introduced to facilitate honest feedback of participants.
This approach will significantly reduce the impact of fake news, the publication of paid reviews and HYIP ,which are used to disperse fraudulent schemes such as pump & dump. Any participant will be able to quickly determine whether the message, review, or trading advice can be trusted.

# Exchange Trading of Security Tokens

A security token is a type of tokens that is similar in its functionality to the securities of companies. Their holders earn by increasing the value of the enterprise and receiving dividends paid by the Issuer of tokens.

Due to the close resemblance with securities, all participants of the transaction are required to undergo verification procedures and comply with the requirements of financial regulators. These difficulties still keep startups and traders from trading such tokens. But, according to the Nebula Exchange team, soon the situation will change and within 2 years they will begin to actively trade on the exchanges.

And realizing this, the project developers create the conditions for the operation of all systems on the platform that are typical for traditional exchanges-Trustee, broker, clearing house, etc.
In addition, work is underway to interact with financial regulators to obtain all the necessary permits and licenses to trade security tokens.

This approach will attract accredited and institutional traders with large amounts of capital to the exchange. Private traders, after passing the KYC procedure, will also be able to participate in this type of trade.

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# Why the Centralised Exchange?

Having considered the advantages and disadvantages of both systems of the exchange platform, the developers have chosen a centralized option as able to provide user-friendliness, higher liquidity and trading speed. An additional advantage is the possibility of using fiat in trading pairs.

In order to eliminate the shortcomings inherent in centralized cryptocurrency exchanges, the project focused on the security system. **The Nebula Exchange provides its users with:**
* protection against DDos attacks, developed by Cloudflare;
* combination of password and two-factor authentication for login and withdrawal of funds;
* combination of multi-signature and cold storage wallet;
* independent audit of all smart contracts;
* security audit and hacking testing conducted by the best experts in the field.

**The centralized architecture of the exchange will provide:**
* registration of up to 1 million transactions per second;
* professional graphics licensed by Trading View;
* different types of orders (Limit, Market and Stop Loss);
* export trade history and order history;
* multi-signature wallet with 24-hour monitoring;
* tenfold leverage for margin trading.

# Additional Advantages of Nebula Exchange
A big problem for cryptocurrency startups is adding their tokens to the exchange listings. It's no secret that projects have to pay crazy money for the listing .

The Nebula Exchange team believes that it would be better if most of these funds were allocated to the development of projects. Therefore, the price for placing the token on the exchange will be quite reasonable and acceptable for startups.

Negotiations with more than 40 projects on their inclusion in the Nebula Exchange trading list are already underway.

Exchange fees for all actions on the exchange will be small, for example, for the transaction will be charged 0.1%.

The exchange's referral program provides great rewards. Thus, the participant of the system, who invited the referral, will receive 50% of all commissions that will pay his protégé during the current year.

# Details ICO
Yet Nebula Exchange could not do without the blockchain. For ICO and internal calculations, the project needed a utilitarian token (NESC). It complies with the ERC20 standard.

NESC will be used to pay for transactions, new lists, compiling trading pairs, payment for listing on the exchange. In case of using NESC as a payment for a trade operation, the user will receive a 50% discount.

Selling tokens will consist of a presale and the main part. The main sale will start two weeks after the end of presale.
At the first stage of sales it is planned to collect $500 000. Hard Cap of public sale is listed as $ 20 million. The price of one token is $0.4.

In total, it is planned to issue 100 million tokens.

**More information is available on the official website of the project:**https://nebula.exchange

# Conclusion
Nebula Exchange is a centralized crypto-exchange that combines a modern trading platform with news systems, technical analysis, independent reviews, P2P-messages systems. It will create a single community focused on cryptocurrency trading.

Willingness and understanding of the need to work in the legal field and actively interact with financial regulators are a great advantage and an important lever to attract large traders.

Ambitious goals and understanding of ways to achieve them make the project promising for investment.

# For More Info Check The 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: https://bitcointalk.org/index.php?topic=4583321

Telegram: http://t.me/nebulaexchange

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