After months of hard work, we are very proud and happy to announce that The NuLagoon Tube Goes-Live Today.
Please check our site: http://nulagoon.com,and have a try. Thank you.
NuLagoon manage team
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Tube Address
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BTC: 1L67cdWon8zQMp57M4Qxehe5G2EUHJvwKK
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NBT: BJDirPFfohpTRXTiTzw8gfZjV9qy3CRqpM
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FAQ
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- **What is NuLagoon Tube?**
NuLagoon Tube is an innovative NuBits and Bitcoin liquidity platform, aiming at providing an extremely easy, low-cost and efficient way for people to access NuBits' liquidity.
NuLagoon Tube is managed by the very experienced management team who has been managing the first NuBits liquidity pool, NuLagoon Pools, for over 10 months.
- **When & How the exchange price is determined?**
The price is fixed to the median of the prices from 5 data providers, including coinbase, bitstamp, coinmarketcap, bitcoinaverage and bitfinex, when the TubeIn transaction was first seen in the block chain by NuLagoon Tube. The TubeOut transaction will be sent after the TubeIn transaction is confirmed (10 confirmations for NBT, 2 confirmations for BTC).
- **What is the exchange spread and transaction fee rate?**
The exchange spread is set at 0.2%. The transaction fee rate is 0.2%.
- **What is the minimun amount of TubeIn transaction?**
The minimun amount is 100 NBT or 0.2 BTC.
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User Guide
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- **Step 1:Register an addr pair to the Tube**
Send xxx NBT and xxx BTC (please check the magic number from our website) to the Tube FROM a NBT address and a BTC address of yours, then the two send-from addresses will be registered.
- **Step 2:Check live addr pairs**
Check Live Addr Pairs to see if your addr pair is successfully registered.
- **Step 3:Exchange coins by using the Tube**
Send NBT/BTC to the Tube (the minimun is 100 NBT or 0.2 BTC) FROM NBT/BTC side of your addr pair, then you will receive BTC/NBT by another side of the addr pair shortly.