Present-day financial services mainly consist of financing, investment management & advisory, trading and insurance. When it comes to trading and financing, the current financial system lacks in efficiency and transparency. The market entry complications that are facing investors and the service fees that they are charged are quite substantial, which is why some of these investors get discouraged from actively participating in the current market. Additionally, smaller investors get overlooked in favor of bigger and wealthier investors and thus, combined with the lack of trust in the markets that increased after the 2008 crisis, the global financial market is prevented from reaching optimal efficiency.
Market Issues
• Limited amount of banking services.
• Limited selection of financial instruments.
• Difficulties with converting cryptocurrencies to fiat.
• Challenges in working with cryptocurrency exchanges:
o Exchanges crash during peak loads.
o Issues with registering and passing verification.
o Fund withdrawal limits.
o Big losses due to hackers attacks.
• A near full absence of cryptocurrencies being utilized as a means of payment.
• Absence of insuring trades and transactions.
• Limited selection of financial instruments.
• Difficulties with converting cryptocurrencies to fiat.
• Challenges in working with cryptocurrency exchanges:
o Exchanges crash during peak loads.
o Issues with registering and passing verification.
o Fund withdrawal limits.
o Big losses due to hackers attacks.
• A near full absence of cryptocurrencies being utilized as a means of payment.
• Absence of insuring trades and transactions.
All of these factors act as serious barriers, which can impose a limiting effect on the development of the cryptocurrency market, as well as the mass use of cryptocurrencies.
What is Neluns
Neluns offers users a broad pool of traditional banking services, aimed at quelling the financial needs of personal and corporate goals. While at the same time, they make available operations with fiat money and cryptocurrencies. Multicurrency IBAN accounts and wallets will allow their clients to execute exchange operations in just a few clicks.
Neluns mission
Create an innovative financial ecosystem, combining within itself a bank, which operates with fiat and cryptocurrencies, a cryptocurrency exchange and insurance company, thus, creating conditions for the quality development of the cryptocurrency market and inflow of new participants and new capital.
Neluns' Solution
Neluns introduces its ecosystem solve current problems, limiting the possibilities of cryptocurrency market participants, limiting the use of cryptocurrencies, and as a result, impeding the development of the cryptoasset market as a whole, an innovative and comprehensive solution is necessary.
The Neluns ecosystem includes:
• Neluns Bank – A new generation bank, presenting all key fiat banking services with cryptocurrencies.
• Neluns Exchange – An Innovative cryptocurrency exchange, making secure and fast cryptocurrency trade operations of any scale available.
• Neluns Insurance – Insurance company, allowing to protect any transactions and trades executed by ecosystem users.
• Neluns Exchange – An Innovative cryptocurrency exchange, making secure and fast cryptocurrency trade operations of any scale available.
• Neluns Insurance – Insurance company, allowing to protect any transactions and trades executed by ecosystem users.
Neluns' ecosystem Features
• purchase and sell cryptocurrencies in just a few clicks.
• lead active cryptocurrency trading on the exchange.
• deposit and withdraw funds from the system in just a few clicks from any part of the world.
• open IBAN accounts – multicurrency personal and corporate accounts
• release debit and credit Visa, MasterCard, and American Express cards
• instantly send and receive international money transfers
• store funds in Neluns deposits in fiat and cryptocurrencies earning interest
• receive Neluns loans in fiat and cryptocurrencies
• receive profits, from lending funds on a Peer-to-Peer (P2P) Lending Platform
• insure any trades
• gain profits from trading the NLS token on cryptocurrency exchanges
• receive dividends
• active market participants will be able to increase profits and lower risk levels
The emergence of Neluns will aid in the:
• Increased attractiveness of cryptoassets as investment objects.
• Growth of cryptocurrency use as a means of payment.
• Increase of cryptocurrency market participants.
• Inflow of new capital to the cryptomarket.
• lead active cryptocurrency trading on the exchange.
• deposit and withdraw funds from the system in just a few clicks from any part of the world.
• open IBAN accounts – multicurrency personal and corporate accounts
• release debit and credit Visa, MasterCard, and American Express cards
• instantly send and receive international money transfers
• store funds in Neluns deposits in fiat and cryptocurrencies earning interest
• receive Neluns loans in fiat and cryptocurrencies
• receive profits, from lending funds on a Peer-to-Peer (P2P) Lending Platform
• insure any trades
• gain profits from trading the NLS token on cryptocurrency exchanges
• receive dividends
• active market participants will be able to increase profits and lower risk levels
The emergence of Neluns will aid in the:
• Increased attractiveness of cryptoassets as investment objects.
• Growth of cryptocurrency use as a means of payment.
• Increase of cryptocurrency market participants.
• Inflow of new capital to the cryptomarket.
Finally
The Neluns team aims to minimize risks and build out the project in accordance with all legal norms. They are carrying out work on receiving a banking license. Neluns will comply with all FCA (Financial Conduct Authority) and PRD (Prudential Regulation Authority) requirements, which handle the issuance of licenses and bank activity oversight on the territory of the given country. The exchange and insurance company, Neluns, will also be registered in accordance with regulatory requirements.
✅Website: https://neluns.io/
✅Whitepaper: https://neluns.io/static/ver165/whitepaper/whitepaper.pdf
✅Twitter: https://twitter.com/TheNeluns
✅Facebook: https://www.facebook.com/Neluns/
✅Medium: https://medium.com/@iconeluns
✅Telegram Group: http://t.me/TheNelunsChat
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4694028
✅Whitepaper: https://neluns.io/static/ver165/whitepaper/whitepaper.pdf
✅Twitter: https://twitter.com/TheNeluns
✅Facebook: https://www.facebook.com/Neluns/
✅Medium: https://medium.com/@iconeluns
✅Telegram Group: http://t.me/TheNelunsChat
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4694028
Author of the article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8
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