What is the greatest risk while investing in crypto currency? They say no risk, no reward but then one might wonder to what extent can the risk be taken to get that elusive pot of gold. Last year alone ICO’s raised over 3.5 billion dollars and with 1380 tokens to be picked up, it becomes rather difficult to pick the right players. Let’s be honest not everyone reads the white papers and generally goes by the market trends when picking up crypto. This is an interesting fact and yet even if one takes the risk and does the needful of purchasing crypto on one platform, transferring it to an exchange, long waits, transactions pending and so on and so forth. Need less to say one at times does miss the boat.
While investment in crypto may seem easy, it is rather annoying to see exchanges that do not deal in the currency you want or need to transfer fiat or bitcoin to your trading account. Wouldn’t it be nice to have an exchange that would take care of all the nitty gritty elements that ail the crypto exchanges?
The solution is here – ‘’Nauticus provides user-friendly, efficient and secure crypto banking, payments and eCommerce solutions utilizing blockchain technology, underpinned by the Nauticus Coin.’’ The white paper (
https://cdn.nauticus.io/NauticusWhitepaperOfficial.pdf) makes it sound easy and after reading the paper, I was convinced that this could be the solution to the ailing problems that I face trading crypto every day. It did have answers to all my problems – whether it was to transfer currency or to buy that newly launched coin. It promises to have it all.
‘’More than 200,000 users registered in the first five weeks after the project was publicly launched.’’ According to the White paper this statement reflects how many people have shown interest in this particular project, the details of which can be found at (
https://www.nauticus.io/ )
The intention of Nauticus is simple – ‘’The Nauticus crypto and fiat currency exchange is in development and due to open in mid-2018. It will trade in 100 cryptocurrencies at launch, and more than 300 within 12 months — including Bitcoin,Ethereum, Ripple, Nauticus Coin and many others. Nauticus Coin users will receive 50 percent discount on trading fees in the first year, which will spur the adoption of the coin and support its value.’’ (Whitepaper) Not only this exchange is serious about what its doing come to think of it, it will be trading in nearly one forth of the total global crypto currency, of course offering discounts to early birds .
Over all I think this is going to be a great platform for newcomers and oldies like me who do not know where to begin really when it comes to securing a certain coin or really want to purchase it but find it too difficult most of the times , either transferring fiat or coins from one exchange to another. What Nauticus saves is the most precious of all – ‘’TIME’’