The NAGA platform has a lot going on, with an extensive ecosystem of proven use cases and value drivers. With such a diverse portfolio, it’s easy to overlook the core components of NAGA — here’s everything you need to know to get up to speed.
The Many Benefits of NAGA COIN (NGC)
At the very center of NAGA is the ecosystem’s in-house cryptocurrency token, the NAGA COIN (NGC), which powers the platform and integrates seamlessly with all of NAGA’s tools.
The most impressive aspect of NGC is that it successfully decentralizes cryptocurrency for traditional financial markets, virtual goods, and cryptocurrencies, by undermining and removing the need for greedy banks and corporations. Why share your profits with costly middlemen when NAGA cuts them out entirely?
There is also a whole slew of other benefits for NGC token holders, including:
- Reduced trading fees on NAGA TRADER, as well as on every asset using an NGC account. For example, NGC users will pay 50% less on trading commissions for each trade they perform on NAGA TRADER.
- Cashback on a per-trade basis performed by NAGA TRADER using an NGC account.
- Double crediting of copy bonuses on NAGA TRADER using an NGC account.
- Lower trading fees for every asset listed on NAGA VIRTUAL.
- Membership in the NAGA VIRTUAL Cashback Program.
- Payment method for all NAGA Academy courses
- Discounted purchase of ad credits for the NAGA VIRTUAL and NAGA TRADER AdManager.
- Community status and free access to paid and premium content.
- Users also benefit from the digital transformation of the largest industries in the world.
The cryptocurrency market is full of useless coins, but NGC has already flexed its muscles. In fact, on May 23, the 24-hour trading volume was $15 million.
The token’s success has also helped it garner an impressive listing on the popular cryptocurrency exchange Bittrex, and has recently been integrated into the cryptocurrency exchange service Changelly.
The token is also available to trade on other major cryptocurrency exchanges, such as Upbit, HitBTC, OKEx, IDEX, and Cobinhood.
NAGA TRADER, The First Social Trading Network
NAGA doesn’t just feature an impressive token, of course. It also boasts a robust trading network unlike any other currently available, allowing users to trade 700 markets in real-time — including cryptocurrencies, stocks, and forex. It also supports the funding of trading accounts with cryptocurrencies.
The social aspect of NAGA TRADER is what really sets the platform apart, however. The network affords users the opportunity to create public and private chats, automatically copy the platform’s best traders, and use CYBO, a self-learning algorithm which manages users’ portfolios 24 hours a day. Portfolios are also kept safe with NAGA TRADER Protector, which help limit risk and automatically secure trading profits.
NAGA TRADER also keeps users up to date with a continually refreshing News Feed, which displays the most relevant news as it breaks, but cuts out all of the junk.
Finally, the latest update to the NAGA TRADER app has added — in addition to improvements regarding stability and security — a fully-automated verification process, complete with face recognition.
A Wallet Unlike Any Other
No bonafide cryptocurrency ecosystem is complete without a safe and secure wallet. NAGA has one, of course — but the platform’s wallet is more than simply a place to store your cryptocurrency.
In April, the NAGA team launched its new-and-improved NAGA WALLET — well ahead of its roadmap’s scheduled release. Featuring ultra-low fees, the NAGA WALLET is a top-of-the-line cryptocurrency wallet that allows users to securely store six of the world’s leading digital assets: Bitcoin (BTC), Litecoin (LTC), Dash (DASH), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), and NAGA COIN (NGC). Additionally, it supports all ERC-20 compatible tokens. If you can name it, there’s a good change NAGA WALLET can store it.
The NAGA WALLET is also helping push cryptocurrencies into the mainstream by allowing users to instantaneously send coins and tokens on the blockchain without having to know other people’s wallet addresses. Users may send coins and tokens directly to their contacts through their email address — taking the stress and complication out of cryptocurrency transactions.
If that wasn’t impressive enough, NAGA transactions are also up to 18,000 times faster than Bitcoin transactions — and carry extremely small fees.
Furthermore, NAGA WALLET is also a multi-currency payment gateway, equipped with a multi-factor authentication system which provides the highest level of security. Of course, the NAGA WALLET also seamlessly interacts with the entire NAGA ecosystem — making it one of the best wallets around.
NAGA VIRTUAL, A Platform for Gamers
A lesser-known, but nevertheless important, NAGA offering is NAGA VIRTUAL (Switex) — a unique, safe, fair, and modern market-oriented towards gamers.
NAGA VIRTUAL provides gamers a platform on which to buy and sell items to and from each other, which positively converts the time and effort gamers spend gaming into something profitable. The platform also affords gamers the freedom and ability to trade from different games of different sources (PC, console, mobile etc.), which also benefits the game publishers themselves. Furthermore, NAGA VIRTUAL offers an individual store for publishers, which serves as a direct income channel and a distribution platform for new items from their games.
Just the Beginning
Ultimately, the information detailed here is merely scratching the surface of what the NAGA ecosystem has to offer the cryptocurrency and traditional investment community. It’s also just the beginning.
NAGA has already launched NAGA ACADEMY — in cooperation with a leading Cypriot educational institution, which boasts over 20 years of experience and offers UK-recognized Bachelor’s and Master’s degrees. (All tuition fees are payable with NGC.)
Furthermore, NAGA will soon be adding to its diversified ecosystem with the introduction of NAGA CARD, NAGA EXCHANGE, and NAGA WEALTH — proving that the best has yet to come.
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