NuNet (NTX) Is Now Available for Trading on LBank Exchange (2024)

October 11, 2023 10:21 AM EDT | Source: LBank

Road Town, British Virgin Islands--(Newsfile Corp. - October 11, 2023) - LBank Exchange, a global digital asset trading platform, listed NuNet (NTX) on October 9, 2023. For all users of LBank Exchange, the NTX/USDT trading pair is now officially available for trading.

NTX (NuNet) To be listed on LBank

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NuNet (NTX) is a decentralized computing platform that leverages blockchain technology and smart contracts to enable the efficient and secure sharing of computing resources, data, and AI services among a global network of users and devices.

Introducing NuNet

One of NuNet's key features is its ability to harness the latent computing power of a vast network of interconnected devices, from smartphones and personal computers to IoT sensors and servers. This allows individuals and organizations to monetize their idle computing resources by contributing them to the NuNet network. In return, they receive NuNet tokens (NTX) as compensation, creating an incentive for participants to join and contribute to the network's growth.

NuNet also serves as a marketplace for AI algorithms and services, enabling developers and data scientists to offer their machine learning models and data processing capabilities to a global audience. This marketplace fosters innovation and collaboration by providing a platform where AI researchers can easily access diverse datasets and computational resources to train and deploy their models.

Moreover, NuNet prioritizes data privacy and security, ensuring that sensitive information remains protected throughout the network. With a decentralized approach to data processing and sharing, NuNet minimizes the risk of data breaches and unauthorized access, making it an ideal platform for industries such as healthcare, finance, and research, where data privacy is paramount.

In summary, NuNet represents a transformative shift in the world of computing and AI, offering a decentralized, secure, and efficient ecosystem for resource sharing, data processing, and AI development. It empowers individuals, organizations, and devices to collaborate, share, and monetize their computing assets while advancing the field of artificial intelligence and data-driven innovation.

About NTX Token

NTX is the native cryptocurrency of the NuNet platform, designed to facilitate transactions, incentives, and governance within the decentralized NuNet ecosystem. NTX plays a crucial role in the network by enabling users to access computational resources, compensate resource providers, and participate in the platform's decision-making processes. It serves as both a means of value exchange and a utility token that powers various interactions and activities on the NuNet platform.

Based on ERC20 and Cardano, NTX has a total supply of 1 billion (i.e. 1,000,000,000). Token distribution includes allocations of 21% for R&D Reserve, 15% for Mining incentives, 9% for Community incentives, 3% for the seed round, 14% for the private round, 10% for the community round, 2% for the launchpad, 4% for the public sale, and 6% for backers, with 16% designated for the team & advisors. It was listed on LBank Exchange at 10:00 UTC on October 9, 2023. Investors who are interested in NTX can easily buy and sell it on LBank Exchange now.

Learn More about NTX Token:

Official Website: https://www.nunet.io/
Contract-ETH: https://etherscan.io/token/0xF0d33BeDa4d734C72684b5f9abBEbf715D0a7935
Contract-ADA: https://cardanoscan.io/token/29393c8d5312bc1014326afb4799c9235ed54c64
Discord: https://discord.com/invite/8S7JNRBHJa
Gitlab: https://gitlab.com/nunet
Medium: https://medium.com/nunet
Telegram: https://t.me/NuNet_community
Twitter: https://twitter.com/nunet_global
LinkedIn: https://www.linkedin.com/company/nunet-global/
YouTube: https://www.youtube.com/channel/UCLTTOrMYDTbQYHs1HCFPtfA

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

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Press contact:
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Business Contact:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]

NuNet (NTX) Is Now Available for Trading on LBank Exchange (2)

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NuNet (NTX) Is Now Available for Trading on LBank Exchange (3)

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NuNet (NTX) Is Now Available for Trading on LBank Exchange (2024)

FAQs

What is the trading fee for LBank exchange? ›

How Much Are LBank Fees? The exchange charges a flat 0.10% maker and taker fee for spot trading, and withdrawal fees vary from crypto to crypto. For futures, the maker rates are 0.02% and 0.06% for taker fees. There is no deposit fee.

How do I trade crypto on LBank? ›

Spot trading on LBank involves buying and selling cryptocurrencies at current market prices. To start, go to the Markets tab, choose Spot, and select a trading pair. If you don't own cryptocurrency, purchase it using P2P trading, Cards, or wire transfer.

Is LBank a good crypto exchange? ›

According to CMC data, LBank ranks among the top 20 crypto exchanges globally. It might be worth considering if you're searching for a trusted platform to buy and sell cryptocurrency. In this LBank review, we will delve into its features, fees, security, and more to help you make an informed decision.

How many users does LBank Exchange have? ›

About LBank

The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.

Is LBank allowed in USA? ›

Yes and no. Yes, in the sense that you can sign up to LBank in the US and make a few trades, but no in the sense that you cannot fully get verified if you are a US citizen. If you want to experience a full exchange as an American, some great options are Coinbase, KuCoin, and Binance US, as all three are US-available.

Is LBank a Chinese company? ›

While based in China, LBank has established headquarters in Hong Kong to comply with the country's strict laws around cryptocurrency. LBank accepts users from over 200 countries globally.

Can I withdraw money from LBank? ›

Withdraw to an On-Chain Wallet

Open the withdrawal page on LBank, fill in the wallet's network, address, and currency information, and click on " Withdrawal confirmed" to submit the withdrawal request. Wait for block confirmation and check if the wallet has credited the assets.

Does LBank have a wallet? ›

LBank is a centralized crypto exchange, while ZenGo is a secure non-custodial crypto wallet. In other words, LBank offers custodial wallet services, meaning that it doesn't give you total control of the private keys to your digital assets.

What is the safest crypto exchange right now? ›

The Bottom Line

If you're looking to trade on a highly secure, regulated crypto exchange that offers a large number of supported cryptocurrencies, Gemini is your go-to choice. If, instead, you're looking to trade a wide range of new and small-cap crypto tokens, BitMart is arguably the best choice.

What countries is LBank available in? ›

The platform is fully available to traders from the United States, Canada, Australia, Singapore, and across Europe. The exchange supports an impressive range of over 149 fiat currencies for deposits and withdrawals.

What is the number 1 crypto exchange? ›

Top Cryptocurrency Spot Exchanges
#ExchangeAvg. Liquidity
1Binance875
2Coinbase Exchange749
3OKX624
4Bybit640
43 more rows

Is LBank a safe app? ›

The daily trade volume for LBank is $972,836,139, but is LBank safe? LBank security rating Is CCC with 52% security score.

What is the minimum spot trade on LBank? ›

SymbolMin. Trade AmountMax. Number of Open Orders
BTCUSDT Perpetual0.0001 BTC300.0 BTC
ETHUSDT Perpetual0.001 ETH3000.0 ETH
APEUSDT Perpetual1.0 APE500000.0 APE
GMTUSDT Perpetual1.0 GMT10000000.0 GMT
6 more rows

Who are the founders of LBank? ›

Allen Wei - LBank | LinkedIn.

What is the trading fee for BitGlobal? ›

BitGlobal levies a 0.10% BitGlobal exchange fee on both takers and makers of transactions. However, the BitGlobal cryptocurrency exchange has no deposit fees and charges a certain variable amount for withdrawals. In January 2023, the BitGlobal trade volume ranged around $63 million.

What are trading fees on Huobi exchange? ›

Huobi charges a flat fee of 0.20% per spot order. This fee is quite in line with the industry average.

What is the exchange fee on a trade? ›

Any Exchange Process Fee that appears on your trade confirmation for a sale of an exchange-listed option combines the offsets for the fees charged by the U.S. option exchanges, national securities exchanges, and self-regulatory organizations.

How much are trading fees on Cryptocurrency exchange? ›

Compare the Best Cryptocurrency Exchanges
CompanyTransaction FeesCurrencies
Crypto.com Best Mobile App0.00% to 0.075%350+
Gemini Best for Security0.0% to 0.40% for active traders, 1.49% for most transactions on the regular platform2570+
BitMart Best for Altcoins0.04% to 0.6%261,500+
Cash App Best for Bitcoin0.75% to 3%281
3 more rows

Top Articles
Trading Volume (Average 10 day)
Volume Weighted Adjusted Price (VWAP)
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