Foundation of NuMONEY:

There are many trading exchanges for the crypto currencies. But most of them have very complex procedure for trading and become inconvenient for the users. Though they are doing good work and earning profit as well but are not user friendly and make their users frustrated. NuMONEY have noticed this problem and tried to solve this with their easy to use crypto trading procedure. NuMONEY mitigated the risk factors associated with liquidity issues of the crypto currencies. The idea is to build an international exchange to cycle the fiat money via crypto trading and profit generation without any involvement of bank and other intermediaries to maximize the profit.

https://i.imgur.com/wwOMDEU.png

User friendliness:

All the users have to do is to invest (in the form of fiat money) in their NuMONEY designated digital account and wallet to purchase the cryptocurrencies. The currencies are available in pairs and user location is always considered in order to benefit them more. Rest of the work is done by the NuMONEY itself via automatic trading bots and algorithms. Moreover, the NuMONEY’s platform is also welcoming the alt-coins on users demand.

To provide them even more ease, this platform also have “physical stores” and “retailers” in nearby locations of Singapore, Malaysia and Kuala Lumpur where users can deposit money like banks and will get an account at the same time and are allowed to trade immediately without any delay after account verification.

In case of international users, they need to refer the local users where the stores and retailers are available for case deposit and withdrawal.

Moreover NuMONEY also have email, chats, direct calling, and scaling support for their valuable customers with immediate response.

Limitations:

NuMONEY does not limit the funds for local users. They can deposit as much as they want but if they are depositing the fund of 50k dollars or above, they have to show the source of funds as well. For international users source of funds proof is always required. And the limit to withdraw money/profit is 50k per day.

Other features:

The NuMONEY also have other features such as;

Both HOT & COLD wallets
Passwords never be stored in cloud.
DDoS protection.

Token & IEO:

The token is NMX token which will be used for payments of commission, withdrawal and deposit fees. The withdrawal & deposit fee of NMX token is 10 gwei. The sale in not available on smart contract but directly in exchange so termed (IEO) instead of ICO. Cost per NMX token is $0.01. one can either deposit fiat money or ETH to purchase tokens. For further insight about the project please visit whitepaper.