Excoin Starts Rolling Out NuBits (USD) Trading Pairs
Exco.in, the real-time altcoin exchange developed and run by Blackwave Labs, has opened its first NuBits (NBT) trading market, allowing users to trade bitcoin against a United States dollar pegged crypto-currency. NuBits uses trading bots operating across all known exchanges to effectively 'peg' the price of 1 NuBit at $1 USD. This means that users get all of the advantages of a crypto-currency with all the stability and security of a major fiat currency. In addition to maintaining this peg, NuBits trading bots will also provide liquidity to the new market on Excoin. The main advantage of....
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Danish cryptocurrency exchange CCEDK recently added two new NuShares trading pairs - NSR/EUR and NSR/USD - to its platform. According to the company's CEO Ronny Boesing, NuShares' impressively surging value inspired them to introduce its new fiat-based trading pairs. "We believe NuShares is still only in its early stage, however, with a 5 times increase in value within last month alone it shows such great promise of new heights in coming months," he stated in an official blogpost. He went on to say: "We wish to take active part in taking this NuShares train to the moon with NuBits (NBT) -....
NuBits is a new cryptocurrency from Peershares developer Jordan Lee. The coin's mission is to eliminate price volatility by pegging coin value to the value of the U. S. Dollar and adjusting coin supply to match investor demand. NuBits launched on September 23 with the goal of creating a currency with a stable price. NuBits accomplishes this by adjusting the coin supply to match investor demand, rather than letting the markets control the price. NuBits debuted fairly high on the coin market cap charts, and though the sample size is incredibly small, the NuBits market cap has remained steady....
On September 23, Peershares launched NuBits, a digital currency developer Jordan Lee claims will remove the volatility associated with cryptocurrency prices. NuBits hopes to accomplish price stability by separating the coin's currency and voting mechanisms, which will allow developers to tie the currency's value to the value of United States Dollars at a 1:1 ratio. Lee believes NuBits will appeal to potential cryptocurrency users because it will allow them to know the dollar-value of their coins without having to perform mathematical calculations. NuBits Project Launches. NuBits. On....
Last week, Peershares lead developer Jordan Lee announced his semi-secret project, NuBits, would release on September 23. He revealed few details about the project, but investors began buying Peercoin in anticipation that NuBits would increase Peercoin's value. However, once investors realized NuBits is an entirely new altcoin and will have little effect on Peercoin, the Peercoin price began to fall back to earth. CCN analyzes this altcoin price movement to help investors make informed trading decisions. Peercoin Price Falls Back to Earth. Peercoin. On September 15, the Peercoin price fell....
As it turns out, we were all so concerned with the recent attack on BTER that we didn't even notice the other hacks occurring on "neighboring" exchanges, and while evidence is currently limited, it is being whispered amongst members of the crypto community that all three attacks were coordinated, heavily planned and are possibly even linked. Recently, exchanges Excoin and HitBTC joined BTER as the latest groups to suffer a hack, and it is being reported that millions have been stolen from a great number of financial institutions, suggesting that it's not just the bitcoin arena that's been....