Copy link
Increase text size
Decrease text size
Link copied

NAGA launches new crypto exchange platform NAGAX

Wed, 15 May 2019, 12:00 pm UTC

Fintech company NAGA has announced the launch of its crypto/fiat exchange NAGAX.com following a comprehensive beta phase.

NAGAX’s closed beta version started running on November 2 and was only available to existing NAGA customers. The newly launched platform supports major cryptocurrencies as well as NAGA’s native currency – the NAGA Coin.

According to NAGA Group CEO Benjamin Bilski, NAGAX provides “super-fast execution and a very user-friendly interface on web and mobile screens.”

In an interview with Altcoin Magazine, Executive Director of the NAGA Group Yasin Sebastian Qureshi said NAGAX is one of the fastest in the world with an ability to process as much as 10 million transactions per second.

All NAGA products are fully connected to the NAGA Wallet via a single sign-on access—and thus to the entire NAGA Ecosystem in a PayPal-like manner,” Qureshi said.

NAGAX is fully integrated into the company’s social investing network, called NAGA Trader, which boasts of over 500,000 traders worldwide. It is also linked to its own cryptocurrency wallet, the NAGA Wallet, which supports major cryptocurrencies, all ERC-20 tokens, and the NAGA Coin.

“With the launch of NAGAx finally the vision of a trading platform across all asset classes is complete,” Bilski said. “NAGAx offers super-fast execution and a very user-friendly interface on web and mobile screens. Through NAGA users can exchange fiat to crypto or even crypto to gaming items with one single account.”

For the first 3 months, NAGAX is offering zero fees. After which, an 8-tier fee system will be introduced. But if the NAGA Coin mode is activated, users can save as much as 50% of the fees if a transaction is paid using NAGA Coins.

All in all, we are convinced that people will gradually understand the power and uniqueness of NAGA and all of its interconnected applications and the ultimate utility for NAGA Coin as the most versatile cryptocurrency for stock trading,” Bilski added.

Meanwhile, NAGA revealed on Tuesday that it will soon add another tool to its ecosystem. The NAGA Signal aims to provide users the best and certified signals on the market available for users to copy.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $9,496.07 (-0.84%)
  • Ethereum (ETH) $234.13 (-1.63%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $247.56 (+1.62%)
  • Bitcoin SV (BSV) $195.52 (+0.36%)
  • Bitcoin (BTC) $9,496.07 (-0.84%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft