de | cn | ru

Nebula Exchange Review - is it scam or safe?

Nebula Exchange - is nebula.exchange scam or good cryptocurrency exchange?

RATING: 2.2 / 1 REVIEWS Nebula Exchange

RECOMMENDED BITCOIN BROKERS


Trading accounts and conditions

 

Account type Leverage Fees
Standard 1:10 0.1%

 

Nebula Exchange is a cryptocurrency exchange based in Singapore that will be offering leveraged trading on cryptocurrency pairs. For now, however, it is still in beta and is not operational. However, it seems to have big plans and makes some impressive promises. One of the main distinctions would be that Nebula Exchange will offer the smaller altcoins that cannot afford to appear on the major exchanges, the opportunity to get listed on its platform, for a small fee.


Nebula Exchange advantages


- Leverage. Nebula Exchange will allow for users to trade with up to 1:10 leverage through the use of derivatives, which can be quite attractive for more dedicated traders and is a service similar to that of many regulated forex brokers who offer margin trading on cryptocurrency CFDs. The nice thing about Nebula Exchange is that a client can use their account both for buying and selling cryptos and for leveraged trading.

 

 >> See our list of regulated bitcoin forex brokers <<


- Demo. There is a nice demo of Nebula Exchange’s trading platform, with charts from TradingView, depth of market, order book, etc.

 


- Fiat trading. Nebula Exchange will also offer the option to buy and sell cryptocurrencies for fiat – EUR and USD, with a simple KYC procedure and secure deposit options.


- Wallet. Nebula Exchange will also offer a multi-signature wallet, with the option to store, send and receive cryptocurrencies.


- Coins. Although we could not find a definitive list of the coins available for trading on Nebula Exchange, we notice that there will be some more obscure tokens and altcoins that seldom appear on other exchanges, if at all, in addition to the popular ones like Bitcoin, Ether, etc.


- Proposals. In the light of Nebula’s intentions to offer a platform for obscure coins, developers have the option to propose their coin for listing, by filling in a brief form on the site.


- Ratings. Traders will be able to vote and rate the various projects and coins on the exchange, similarly to products ratings in online stores like Amazon. Thus 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.

The altcoins and projects with high ratings will be rewarded with free advertising on Nebula’s front page.


- Security. Nebula promises multi-signature encrypted cold storage of client funds, in order to prevent hacks and thefts.



- Mobile apps. In addition to everything else, Nebula promises the launch mobile application for Android and iOS devices that will enable clients to trade on the go. This is still in the works, though.


Nebula Exchange disadvantages


- Beta. As we already said Nebula Exchange is still in beta mode and cannot be used for now. It allows sign-up, but it only adds you to a waiting list for a private beta that is yet to be launched.


- Timeline. There is no definitive timeline about when Nebula Exchange is planning to launch its full operations, except some vague promises to do so in April 2018, made on its Facebook page. According to previous reports in NewsBTC, the exchange was going to launch in March, but obviously it has been postponed.


Conclusion


Nebula Exchange looks very promising and will have some really nice features, as long as it finally launches its operations. For now it is only making promises and postponing the start.


We find the low fees particularly attractive, as well as the possibility to invest in obscure, but promising crypto projects, which are not listed elsewhere. We also like the leveraged trading option.


What we do not like much is the fact that there is no detailed information about the option to buy and sell cryptos for fiat and the deposit methods, but hopefully this will be clarified once Nebula launches.


Latest news about Nebula Exchange
No news about Nebula Exchange. Check back later.
Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

Traders` reviews for Nebula Exchange

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

NEbula Exchange

Non existent volume. Not great UI

John Peterson 03/16/2019
de | cn | ru