BACKGROUND INFORMATION
As expected by the bulk of players in the cryptocurrency industry, a solution has finally arrived to bridge the gap between the digital and fiat currencies for the growth of e-commerce and demolition of the wall of fractionalization strengthened by the lack of exchanges that support seamless multiple fiat-cryptocurrency trading.
Millions of people mainly investors, traders of the tools of exchange, businesses organizations, and individuals are missing out on the benefits and convenience that the digital currencies offer primarily because the market is not very friendly due to the limitation on the currencies accepted as means of exchange. And users that embrace the revolution have to endure parting with a significant sum in fiat and cryptocurrencies as commissions trading across different exchanges to trade their desired digital currencies.
INTRODUCING NAUTICUS
Nauticus is a well thought-out and cutting-edge innovation that proposes an exchange with over 300 cryptocurrencies and 16 fiats as tradable tools enabling users globally to buy the cryptocurrency of their choice with local denominated currencies. Besides, users will be able to send and receive payments internationally just like PayPal and Western Union, however, with much lower fees and greater convenience and openness.
Nauticus in the final stage of completing the development of the Nauticus Crypto and Fiat Currency Exchange and is expected to open in August 2018. The exchange will facilitate Nauticus banking cryptocurrencies trading, and provide e-commerce solutions. At the start of its operations, the exchange will make 100 cryptocurrencies and seven major fiat currencies such as USD, EUR, JPY, HKD, AUD, CNY, and ZAR tradable.
THE SIGNIFICANCE AND EFFECTS
- At the time of its full implementation, users can exchange over 300 cryptocurrencies using any of the 16 fiat currencies. Thus, using multiple platforms to exchange cryptocurrencies will no longer be necessary. It unifies all currencies for convenient transactions and seamless procedures.
- Users of the Nauticus exchange will have to buy Nauticus coins as the intermediary currency because transacting with the Nauticus coins will be at 50% reduction in trade commissions.
- Running on the Blockchain technology, the platform is secured with the state-of-the-art security in addition to two-factor authentication. Other personalized high-end security options such as voice recognition, face recognition, and biometric authentication are also provided for. Besides, both cold and hot wallets are provided.
- The platform will charge the lowest tariffs possible, and all trading and exchanges shall be at the market prices. It is estimated that all exchanges shall be at 0.1% and users of the Nauticus coin will enjoy 50% discount for the first 12 months.
- Nauticus will facilitate easy and quick payments and receipts of funds for transactions regardless of the local currencies of the parties to the transactions. Consequently, e-commerce is set to advance tremendously.
Nauticus is accessible to investors, businesses, individuals, and government (Federal or State) and is under regulation by the Australian government regulator.
THE TEAM
ADVISORS
To learn more about Nauticus; kindly follow the links below
Join the Telegram Group: https://t.me/nauticusblockchain
Follow on Twitter: https://twitter.com/nauticusen
Follow on Facebook: https://www.facebook.com/NauticusBlockchain/
Website: https://www.nauticus.io/
Whitepaper: https://cdn.nauticus.io/NauticusWhitepaperOfficial.pdf
Author's Bitcointalk Username: Nwankwobtt
Author's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1811995
One cryptocurrency exchange to solve all exchange needs.. I like that.
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