There are many cryptocurrency exchanges out there, and choosing one that will suit your needs can be an issue. From user-friendliness to security, there are a lot of major concerns involved when choosing an exchange. One of the most preferred exchanges is Binance, the Malta-based platform. Binance was launched in 2017 in China by Changpeng Zhao but migrated is HQ to Malta because of their more crypto-friendly climate. It is a popular crypto exchange and offers no fiat trading to avoid the stringent regulations that come with this choice. A special feature is that it has two levels of service for both beginners and advanced users.
The addition of the NAS/ETH pair is yet another pair that justifies Binance's start status in the market. To understand just how important this is, you'll need to know a thing or two about these two cryptocurrencies involved. This is a pair between an innovative yet quite unpopular digital asset and one of the leading cryptocurrencies in the market.
NAS or Nebulas is the token used for operations on the Nebulas Network. This is a platform built on its own blockchain possessing Google-like apps. Nebulas hopes to be a mirror of Google on the blockchain; it is known as blockchain's search engine. It was launched by Hitters Xu as yet another app built on the Ethereum Blockchain, but migrated to its own unstable beta mainnet in 2018, followed by the release of its stable mainnet in April 2019.
Then you have Ethereum which hardly needs much explanation, as it is the second most valuable crypto after Bitcoin. Ethereum is a platform, a cryptocurrency and a programming language for creating decentralized apps or dApps. This versatility has made many to consider it as 'the next Bitcoin'.
NAS/BTC exchange pair has provided an easier path for investors and developers to asses information on the blockchain. This pair can be used especially by cryptocurency developers as a foundation for building of smart contracts and dApps. Unfortunately, the pair has not inspired much excitement in the cryptocurrency discussion platforms or among enthusiasts. This is because very few really know about NAS, and it is not really valuable when compared to other cryptos.
In summary, this pair was launched on June 28, 2018; and it is unclear how successful it is going to be at the moment. The technology supporting both NAS and ETH is innovative, so there are hopes soon, people will realize the greater access to information that Nebulas offers blockchain users. And coupled with all that ETH has to offer, interest in the pair might pick up soon.