Review on NuBits by francis fernandez
breaking the paradigm of digital money volatility
Since the appearance of the first digital currency; instability in the value of cryptocurrencies has always been the cornerstone of crypto projects.
Thinking about it; the founders of NuBits developed a digital protocol whose value is linked to the price of the dollar in equal equivalence; that is, 1 NBT = 1 USD.
The NBT cryptocurrency is one of the pioneering platforms in the market as a stable value digital currency and non-custodial governance.
Since its origins, which dates back to 2014, NuBits has offered its holders wide possibilities of use on a personal level and in the field of business; providing multiple benefits, such as:
• Allows you to send and receive digital money reliably
• Serves as a payment currency to buy goods and services globally
• Does not require conversions for payments in USD
• Expands business opportunities by allowing trading with a globally accepted currency such as the USD
• Allows savings in transfer fees
• Allows its holders to protect their assets from inflation
• Offers a free and secure wallet
Trading a stablecoin is in itself a major advantage; If, in addition to that, we can use this asset to carry out instantaneous operations, at low cost and worldwide, to send and receive money and acquire goods and services; NuBits is the ideal platform.
With NuBits, its users have an open door to carry out all the personal and commercial transactions that their daily life requires of them; as to manage and store your assets, using a single platform.
Pros
- Their currency is exempt from the risk of volatility of its value
- It is a protocol not subject to third party control
- Its infrastructure guarantees security in its operations
- Serves as a payment mechanism
- Has worldwide acceptance
- Offers low rates in operations
- Allows instant operations
Cons
- The receiver and sender of the funds must have a NuBits wallet
