NAGA NGC Price

What is NAGA (NGC)?

In the ever-evolving landscape of cryptocurrency, NAGA Coin (NGC) emerges as a digital asset with a distinct mission — to facilitate social finance and revolutionize the way people trade and invest. Launched on December 17, 2017, NAGA Coin operates as the core fuel for the NAGA ecosystem, driving key features across NAGA Trader, NAGA DeFi, and NAGA Social Betting.

NAGA is not just a cryptocurrency; it is a social investing platform that boasts a global community exceeding 1 million users. Developed in collaboration with the German publicly listed FinTech, The NAGA Group AG, the platform seeks to decentralize financial technology, providing access to premier market tools for users worldwide.

At the heart of NAGA's functionality is the NGC token, built on the Ethereum blockchain as an ERC20 token. The NGC token plays a pivotal role in reducing fees for users, especially through the platform's innovative copy trading feature. This allows traders to create smart contracts for copy trading, fostering a unique social trading environment. Notable backers of NGC include influential figures in the cryptocurrency space such as Roger Ver, Miko Matsumura, and Guy Ben-Artzi, the founder of Bancor.

One of NAGA's standout features is its Autocopy functionality, enabling users to replicate the trading strategies of successful investors within the community. This social trading aspect creates a collaborative and supportive atmosphere, offering numerous benefits to users seeking to optimize their trading decisions.

NGC also acts as the primary commission fuel for blockchain-based copy trading, empowering users to engage in efficient and cost-effective trading strategies. As users accumulate NGC, they can unlock higher VIP levels faster, leading to reduced trading fees, improved spreads, and access to valuable educational resources.

Looking towards the future, NAGA has ambitious plans with upcoming projects like NAGA DeFi and Social Betting, adding a social element to on-chain trading and betting. These endeavors are set to further enhance the utility and versatility of the NGC token within the NAGA ecosystem.

In its initial coin offering (ICO), NAGA Coin successfully raised $50,000,000 from 63,000 individuals, establishing a strong foundation for its vision of decentralized finance. As NAGA continues to grow and innovate, it positions itself as a key player in shaping the future of social finance within the cryptocurrency space.

NAGA Coin has diverse use cases within the NAGA ecosystem, serving as the utility token for reducing copy trading fees, fast-tracking VIP user levels, and acting as the primary commission fuel for blockchain-based copy trading. Its upcoming role in social betting highlights the versatility of NGC in providing bonuses and fee reductions.

What is unique about NAGA (NGC)?

NAGA Coin is unique for facilitating social finance through its integration with the NAGA platform, offering features like reduced copy trading fees and smart contract creation. The Autocopy feature creates a distinct social trading environment, revolutionizing access to top-tier market tools for a global community of over 1 million users.

Who are the founders of NAGA (NGC)?

NAGA was developed in partnership with the German publicly listed FinTech, "The NAGA Group AG," listed on the Frankfurt Stock Exchange. The collaboration brings together the expertise of The NAGA Group AG in financial technology with the goal of decentralizing and democratizing access to market tools.

Who are the backers/investors of NAGA (NGC)?

Notable backers of NAGA Coin include influential figures like Roger Ver, Miko Matsumura, and Guy Ben-Artzi, the founder of Bancor. Their support underscores the credibility and potential of NGC as a digital asset within the broader financial technology landscape.

Where can I buy NAGA (NGC)?

You can buy NAGA (NGC) on KuCoin cryptocurrency exchanges.