Buy Nebulas or NAS Cryptocurrency by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about what is Nebulas Cryptocurrency.
What Is Nebulas Cryptocurrency?
Created in 2017 by an international team that includes the founders of NEO, Nebulas is an incentive-based decentralized blockchain system which provides a search framework for all blockchains.
Initially an ERC20 token, Nebulas focuses on searches among decentralized applications (DApps), smart contracts, and user’s blockchain assets. When the main net launches in March 2018, NAS will switch over from the Ethereum blockchain to its own Nebulas chain.
How to buy Nebulas Cryptocurrency?
You can buy Nebulas on major exchanges like Huobi and OKEx, but you must deposit either Bitcoin or Ethereum first. None of the exchanges that offer NAS coins accept fiat currencies (USD, EUR, etc.).
Below, we offer a step-by-step guide to get some NAS.
1. Sign up with Coinbase and deposit some money.
You can get Bitcoin and Ethereum on almost any crypto exchange, but we recommend Coinbase – a popular and trusted platform that is very user-friendly. More importantly, it offers convenient payment methods, such as bank wire and cards. Keep in mind that you need to verify your identity before you deposit.
2. Excange your fiat for ETH.
We suggest that you buy some Ether at Coinbase, as Nebulas is ERC20 token. Doing this on Coinbase is easy – just check Ethereum in the buy section and enter the amount of US dollars or Euro you wish to deposit.
3. Register with a second exchange that supports Nebulas (because Coinbase does not).
3. Transfer your ETH from Coinbase to the other exchange of your choice.
4. Exchange ETH for NAS.
5. Store the NAS coins in a secure a wallet.
As NAS is currently an ERC20 token, you may use MyEtherWallet. MetaMask and hardware wallets such as Ledger or Trezor are also an option.
If you wish to cash out your NAS coins, you have to undergo the process described above the other way around.
If buying NAS coins or any other digital asset seems too complicated to you, you should know that there is an option to trade in cryptocurrencies without actually owning them. A lot of forex broker offer this opportunity, which is in fact CFD trading. It is a lot simpler and involves no wallets, nor private keys. Besides, many of these brokers are properly regulated, unlike the majority of crypto exchanges. Unfortunately, there aren’t any brokerages that support NAS yet.
How to Buy Nebulas Cryptocurrency Conclusion
For more information about currency trading brokers visit TopForexBrokers.com forex brokers comparison website, Tip ForexSQ.com foreign exchange trading experts please by share this article about how to Buy Nebulas Cryptocurrency.