What is NuBits Coin?
NuBits Coin is a decentralized, public and secure cryptocurrency , which, according to developers, is expected to become the world’s most stable cryptocurrency. Here Nubits is characterized by a high variability and can be applied in different fields of application.
NuBits Coin – Uses
On the one hand, users should be able to make purchases with NuBits. To guarantee a particularly easy handling of NuBits, the developers have coupled the token price to the USD. This means that the price of an excellent article also corresponds to the price in NuBits. In addition, no taxes need to be taken into account by the profit or loss of price fluctuations, so the use of NuBits is particularly intuitive. Another field of application is the sale of goods. The NuBits should be particularly attractive for companies, because when paying with NuBits no fees have to be paid. In addition, no fees have to be paid for the deposit to the account, so that NuBits also brings an advantage here.
The implementation in the current business is easy and is also supported by the forum, so that there are no hurdles for entrepreneurs. For customers, the costs that are usually charged when transferring funds are also eliminated. In addition, the transactions take place within a few seconds so that microtransactions can also be realized. For this only a few cents are charged. For transactions only a wallet isrequired, which is compatible with the NuBits Coin. The saving of money can also be realized through the wallet . In addition, expensive banks are waived, so no management fees are charged for the account.
NuBits Coin – Potential
Especially in view of the fact that at least 35% of adults do not carry out any banking services, this fact becomes more relevant. In addition, the Wallet enables active trading. Various cryptocurrencies and fiat money can be traded here. Especially in the event that crypto currencies fall in value, NuBits offers a good hedge as the price is pegged to the USD. In addition, the use of NuBits facilitates the trading of other crypto currencies, as the exchange of digital currencies is faster and smoother. The last special feature of the token is its extensibility. Users have the opportunity to actively participate in the further development of the token, so that it can be driven by a sustained power of innovation.
What is the current market capitalization of the NuBits Coin?
The NuBits Coin is traded on the market under the abbreviation USNBT and was already published on 25 September 2014. On the first trading day, a market capitalization of $ 2 million was realized, which was achieved by an issue price of $ 0.99. Already on October 19, 2014, the previous peak was achieved with a market capitalization of USD 6.3 million. It then consolidated the token, which currently has a market capitalization of $ 958,750. The price per token is $ 0.997. There are currently about 960,000 tokens in circulation, while the maximum token limit is 2.34 million. The daily trading volume reaches $ 781,250 and is realized mainly through trading between NuBits and Bitcoin . Other However , cryptocurrencies are not traded directly with the NuBits token. As a trading center also one of the most famous and popular trading venues – Bittrex – application.
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