As reported in their whitepaper, with NAGA’s wallet, you won’t need a bank account. Robot trading is an increasingly common technique that solves most of the above.
As I mentioned in a previous post, I bought my first stocks almost exactly 30 years ago. So I have seen a lot of excesses in the market, mainly in the late 90ies and then again before the great financial crisis. Congratulations, “the Naga Group”, you seem to have finally developed the first fully self-sustaining money machine.
The central technology to all the transactions and NGC token usage is the Naga Wallet. ICObench is an ICO rating platform supported by investors and financial experts. NAGA`s current market cap exceeeds 200 million EUR with a share price of around 9-10 EUR (as of Oct. 17). This is an increase of around 400% in comparison to the issue price of €2,60 in July 2017. ICORating receives monetary compensation from the rated entities for completing the ratings reports available on iсorating.com and/or for listing their projects on icorating.com. ICORating does not endorse or recommend any of the projects that are rated or listed on icorating.com. This site cannot substitute for professional advice and independent factual verification.
The tradable assets in CFDs and crypto mean this broker’s offerings are plentiful compared to others on the market. The Crypto-Wallet section allows traders to Buy NAGA Coin or Bitcoin with crypto or EUR/USD instantly via a banner at the top of the page. There is also an overview of trading accounts and a Crypto-Wallet drop-down box with some of http://gronthomala.com/forexee-review-2021/ the most popular cryptocurrencies. Traders can use receive, buy, sell and send to functions for currencies including DASH , Litecoin and Ripple . Crypto trading and exchange is comprehensive on this platform. NAGA Markets empowers traders to speculate on price movements on financial markets around the world through an extensive CFD offering.
Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site. NAGA offers clients several methods to withdraw and deposit funds. Yes, NAGA is one of the leading and established brokers, regulated by CySEC . Moreover, AvaTrade Forex Broker Review there are several hidden costs, like a maintenance fee for accounts that are not active, , yet the organization will email this to the customer, with a month’s notice, before enforcing this. This offering by NAGA Academy can be obtained by utilizing NGC or some other crypto and fiat cash through the NAGA Wallet. The learners have the freedom to pick their favored course based on their preferences.
Fiat deposits on Naga Trader are free, as are many forms of withdrawal, including credit/debit card, and as withdrawals to e-wallets Skrill and Neteller. However, many of their bank transfer options include a small fee that users should be aware of. For instance, a bank transfer to the Bank of Cyprus that is less than 50,000 EUR or any dollar amount will incur a 0.15% fee, at a minimum of 5 EUR and a maximum of 250 EUR, plus an addition 17 EUR. Select a wallet to withdraw funds from in the same area as the Deposit option and then choose the payment method you would like to use. ICO Drops receives a fee for advertising certain token sales, in which case such listing will be designated accordingly.
Interestingly the newest comment/rating is from beginning of September, so I am not sure how actively this App is used. If you would like to start investing in NAGA COIN, NGC trading pairs are currently being offered on HitBTC, OKEx, CobinHood, and Cryptology. You can also find out more about the cryptocurrency and its ecosystem on NAGA’s official website. NAGA continuously ask for proof that i own my company and that I made the transfer. I am literally out of ideas of what further evidence I can send.
Another aspect not to be neglected under any circumstances are the online broker’s trading conditions. But before going into the details of the provider’s various fees, let us first take a brief look at the various account types available at NAGA. In addition to the NAGA Newsfeed, there is also a NAGA Messenger. This includes helpful functions such as personal chat with other traders, group chat, and also public chats supervised by experts, for example. And finally, deposits at NAGA Markets can also be made with a number of cryptocurrencies.
While you can fund your account with a number of cryptocurrencies, you can also use e-wallets, bank transfers, or debit and credit cards to top off your account. Investments and trading are ruled and governed by greedy banks and corporates that control access, operate non-transparent and always take a cut of your money. By introducing the NAGA COIN, we are on a mission to revolutionize the outdated banking sector.
Another concern is the fact that they just had their successful IPO just a few months ago in Germany and now they are yet to for an ICO to raise more capital. Twitter very low for an ICO but they do seem to be active tweeting. Naga ICO does have a bitcointalk.org thread, which seems to be active enough. They have a GitHub account but there’s only one repository that has been updated 7 days ago. Switex is expected to launch in Alpha in December of this year.
But the funny part is one of the founders do not like regulations despite being a regulated company and listed in a German exchange. Which is funny as if you how they have fixed their token price exposes them to US regulators which I am sure they have covered in their Terms & Conditions. From the below statement its clear that NAGA is a click bait company solely focused to hype of stocks with some announcements. Investments and trading are ruled and governed by greedy banks and corporations that control access, operate non-transparently and always take a cut of your money. The Naga Group AG is a German company listed on the German Stock Exchange, owning financial licenses from BaFin and CySEC. Over the last 2 years, NAGA has raised over $15m in capital from various prestigious investors such as the private bank Hauck & Aufhaeuser and the FOSUN Group. Some benefits to using the Naga token will include lower trading fees and opportunity for cash back incentives when the token is used at SwipeStox.
With the state of the cryptocurrency market, times are tough. This cryptocurrency is part of the NAGA Group, a company from Germany. They’re established and have a history of trading on the stock exchange. Stock exchanges are very different to cryptocurrency exchanges, where almost anyone can join. Whilst there’s a clear use case of the coin, most of the 2 Billion unbanked mentioned in their whitepaper aren’t going to be interested in a trading platform.
A feature that should interest new traders that are just starting to test out the waters is the NAGA Protector, which enables users to set limits on how much they can gain or lose on a given trade. To activate the protector feature, look to the bottom left corner of the trade window you’ve opened. Set the amount and rates you prefer and turn the blue button to On. After you’ve successfully deposited funds in your account, you can start trading. In this tab, you can view past trades and active trades—trades that have been opened but not completed.
If NAGA explained to me exactly what documentation comply with their approval system it might help. I have to say that as a 40 year educated man with a successful business I have never quite had problems like this before. All I want to do is withdraw the money that I put in my account, it shouldn’t be this difficult. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.
SwipeStox is a social trading platform, and Switex is a tool used to connect the gaming and financial worlds for forex an ideal experience. NAGA also plans to develop a wallet that will be incorporated to SwipeStox and Switex.
A successful ICO will increase the stock price which will increase the price of Nagacoins which will increase the stock price which will increase the price of Nagacoins….I am getting really dizzy writing this. This pushed up the stock price again to around 15 EUR/share (~300 mn EUR market cap). Now, after a few months the ICO sale is starting in a few days.There is the usual Whitepaper, a more easily to digest 3 pager,a funky video and even a “financial model”. The disruptive technology is an App which is the “Tinder of Stock trading”. The product is a“social trading business platform” called Swipestox, trying to earn most of its money with advertising. I have looked up the App on the Google play store and it has been downloaded a 100.000 times which is OK, but not great.