What is NAGA (NGC)?
Future of NGC Cryptocurrency and know how to buy NGC

#1- NGC: The basics

What is NGC?

  1. NGC is a publicly listed German fin-tech company regulated by the European Union. It has multiple trading platforms for financial assets and virtual goods.
  2. NAGA is a decentralized digital currency for investment and trading purposes in financial markets, cryptocurrencies and virtual goods.
  3. NGC is the driving force of the NAGA ecosystem, and it fulfills purposes ranging from being a primary form for all fees to serving as a base currency for all transactions.

NGC Development

  1. The NAGA group AG was founded in October 2015 by Yasin Sebastian Qureshi and Benjamin Bilski. And in February 2016, Hauck and Aufhaeuser, one of the oldest banks from Europe, invested in NAGA
  2. In July 2017, NAGA successfully listed itself on the Frankfurt stock exchange, following an oversubscribed IPO. The pre-sale of NAGA tokens took place in November 2017, and the main sale happened in December 2017.
  3. NAGA launched it wallet in April 2018, which was a step towards adding more features to the platform.

 

#2 - What are the benefits of NGC?

NGC Technology

NAGA aims to revolutionize the banking system, which is why it has provided users with multiple services and features:

  1. A NAGA Wallet where you can store NAGA coin and all your other cryptocurrencies. The NAGA wallet centralizes crypto power to one platform and opens up the financial markets to 2 billion unbanked people all over the world.
  2. With the NAGA Card, you can keep your funds safe and get access to an in-depth analysis of the entire market, including risk evaluation to determine whether a cryptocurrency is a buy or a sell.
  3. Your NAGA Wallet is connected to the NAGA Credit Card allows you to use cryptocurrencies to pay for anything, anywhere in the world.
  4. You can also transfer NAGA Coins to Swipe Stocks, the social network for traders from all over the world where you can then use your NAGA Coins to invest in stocks, ETFs, or other cryptocurrencies, copy other top traders and profit from their performances.
  5. Set up CYBO, the personal robot advisor who would invest your coins based on smart algorithms.
  6. As a passionate gamer, you can also use switex, a community of like-minded people to connect and stay up to date about your favorite games. The NAGA Coins you earn through Swipe Stocks can be used to purchase in-game items on Switex.

The NAGA Ecosystem

NAGA has got a fairly complete ecosystem that consists of multiple entities.

  • CYBO- Robo-Advisory Solution:-
    • The team of NAGA came up with the concept of CYBO in June 2016.
    • CYBO is an investment robot which analyses crowd trading patterns and combines them with artificial intelligence, which makes it the first investment advisor that is driven by human and artificial intelligence.
    • The idea is to create a high-end, technology-driven system that manages all the investments. This helps you to eliminate emotional reactions and missed trading opportunities.
    • CYBO analyses past performance of individual traders and monitors the present positions. It constantly monitors various technical and financial market indicators like market trends, price actions, market volatility, economic events, and upcoming news.
    • Some of the key priorities of CYBO include:
    • Providing the best possible market opportunities.
    • Controlling risk and helping to trade more profitably.
    • Diversifying between selected trading instruments and followed traders.
  • NAGA Trader- The Social Network for traders:-
    • This offers a unique concept which allows the retailers to trade indices, stocks, forex, ETFs, and CFDs by copying other traders.
    • Since 2016, the company has been able to build partnerships with 8 brokers.
    • The NAGA trader service provides trading functionality within the environment of a social network, which is why the platform is much more appealing to the younger crowd who have not even thought of getting into the financial markets earlier.
    • The platform opens up a trading platform for a broader audience like gamers, who can start up with a virtual demo version.
    • The platform also provides an environment where you can share knowledge with various other users, copy trades followed by others, and invest or trade money.
    • It is not essential to create an account with NAGA. Rather, you can link an already existing brokerage account with NAGA Trader.
  • Switex- Virtual Goods exchange:-
    • Switez will be the first legal market eco-system for virtual goods. It will allow the game developers, gamers, and the publishers to profit fairly.
    • Switrex is known to enter immense games market with around 1.8 billion gamers and around $108 billion revenue all around the world.
    • Users will be able to make purchases of the items required for their games from both, the publishers, and other users of the platform, offering a first and secondary market for in-game items.
    • The secondary market will permit to offer their items to other players to acquire or sell the items of other users to use them in their particular games.
  • NAGA Markets Ltd - Online Brokerage:-
    • NAGA has got its own CySec-egulated (Cyprus Securities and Exchange Commission) brokerage asset and firm management company within the NAGA group, known as the NAGA Markets Ltd.
    • The state of technology assures users the integrity and safety of all the private information.
    • The strategy is to provide the best trading solutions to the user. NAGA Markets offer a wide range of product sets, in terms of both, availability of trading platforms and markets to trade.
  • NAGA Academy- Online Trading University:-
    • The NAGA Academy offers online training via web-based courses and webinars. It also offers offline education through workshops, classes, and seminars in financial trading, FinTech technology, virtual goods trading/economy, and cryptocurrencies.
    • These offering by NAGA Academy can be acquired by using NGC or any other crypto and fiat currency via NAGA Wallet. The students have the liberty to choose their preferred course depending on their needs.

 

#3 - How to buy and store NGC?

How to buy NGC

  1. The NGC coin is listed for trading on various trading exchanges globally and is paired with a few major cryptocurrencies like BTC, ETH, BNB, KRW, and USDT. This allows NGC users to access or obtain the NGC token by using their crypto holdings, bypassing the need for more KYC norms.
  2. The entire list of trading exchanges for the NGC cryptocurrency includes major global exchanges such as HitBTC, Bittrex, UPbit, and more.
  3. While cryptocurrency exchanges provide you a platform to buy or sell the NGC cryptocurrency, CoinSwitch, the largest cryptocurrency exchange platform, helps you make the right decision by providing the prices for NGC on multiple crypto exchanges. It supports more than 140 coins and 45,000 pairs of cryptocurrencies. You can choose whichever pair you want with your token and compare the prices at exchanges. This way you can choose the best deal for you!

NGC Storage

After obtaining the NGC token, one requires an NGC wallet to store it safely.

  1. The wallet allows you to send coins or tokens via email.
  2. You easily purchase, store, and invest cryptocurrency on the NAGA wallet.
  3. It is the first fully-automated user-friendly wallet in the market which is safe and simple. It allows you to make instant transactions, send, deposit, and withdrawal, through email.
  4. The user-friendly interface of the wallet is mobile responsive and allows easy access to your portfolio, including real-time news, charts, and rates.
  5. It has low transaction fees.
  6. The decentralized data storage offers the highest possible security levels and 2-factor authentication.
  7. With the NAGA wallet, you also get the direct access to the ecosystem and can connect your wallet with NAGA Trader and trade stocks, forex, cryptos, and commodities.
  8. The wallet is compatible with around 1,000 ERC tokens and major cryptocurrencies like BTC, DASH, ETH, etc.

 

#4 - What is the future of NGC token?

NGC Global Acceptance

The Market Cap ranking of the NGC cryptocurrency is 251 as of July 2018, and it holds a market capitalization of $25,118,033 USD as of the same time. A total number of

77,910,266 NGC coins are in circulation.

Also Read: Complete Analysis of NAGA | Live NAGA (NGC) Price Charts And Predictions

Price History

Date

Open

High

Low

Close

Volume

Market Cap

1 July, 2018

0.296740

0.344156

0.289619

0.305389

2,294,720

17,113,700

1 June, 2018

0.565708

0.577784

0.539003

0.548139

2,084,890

32,625,700

1 May, 2018

0.679891

0.680351

0.628798

0.660763

201,983

39,210,900

1 March, 2018

0.938278

1.04

0.918179

0.981976

296,986

54,112,700

1 January 2018

2.71

3.43

2.12

2.89

7,122,910

-

Future Prospects

  1. The platform kick-started on a high note, debuting on the 25th December 2017 at $1.3. In the first week, the value of the coin increased to $4.3, but on 1st January 2018, the value dropped by half.
  2. In the first week of March, the coin had a steady price, from between $0.95 and $0.81 by 8th March 2018.
  3. However, the limited number of NAGA tokens issued could bolster its value in the future as demand rises from additional users joining in the network.

 

#5 - How is NGC different from other cryptocurrencies?

  1. NAGA mainly focuses on the game developers, players, and publishers.
  2. NAGA has its own academy, which helps the users gain knowledge about financial trading, FinTech, Cryptocurrency, and Virtual Goods.
  3. The CYBO feature makes NAGA stand out and helps users in knowing the market with the help of a robot and know where to invest.
  4. The platform also allows you to exchange virtual goods and earn profits through them.

 

#6 - Should you invest in NGC?

  1. The NASA team seems to hold a good experience in their industry. NAGA is a functioning business looking forward to raising capital for its business goals as well as to use the token to provide higher value for its already functioning applications.
  2. Additionally, the coin’s proceeds are to be routed towards growth and marketing.
  3. The blockchain aims to consolidate various niche communities by making a familiar and easy to use interface with the use of NAGA Wallet that allows the users to trade stocks, virtual goods, or cryptocurrencies via their favorite game, instantly.
  4. However, despite its features, the token is still not very popular and is not ranked even amongst the top 100 cryptocurrencies. Is the market seeing something amidst all the hype?
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