Social investing platform NAGA is on a mission to assist carry crypto mainstream. The platform already presents a various vary of merchandise designed expressly to create a sustainable financial system the place every group member can profit.

To construct upon its imaginative and prescient, the platform has introduced the mixing of its native NAGA Coin ($NGC) utility token throughout all of its merchandise. This transfer follows the heightened calls from the NAGA group to behave, given the $NGC token’s quite a few advantages. Acknowledging the demand, the NAGA group has formally added the token, thus giving customers entry to decrease buying and selling charges alongside a number of different options. 

With this integration, the $NGC token has turn into the core ingredient of the complete NAGA infrastructure, together with NAGA Buying and selling, NAGA DeFi, and NAGA Social Betting. 

Unlocking Numerous Utilities For $NGC Token Holders

The NAGA group goals to make buying and selling clear, accessible, inclusive, and handy by making a one-stop resolution for buying and selling all forms of monetary and digital belongings. With over a million lively merchants on its social buying and selling platform, NAGA permits customers to put money into world markets, together with shares, commodities, foreign exchange, ETF, and cryptocurrencies. 

Within the meantime, the NAGA Coin ($NGC), an ERC-20 token, serves because the utility token for all merchants utilizing the NAGA infrastructure. Following the mixing, the significance of the $NGC token has elevated abundantly, given it’ll now be used to open NGC-based buying and selling accounts. These accounts will enable customers who copy commerce to save lots of 50% on the copy buying and selling charge. It’ll additionally allow customers whose buying and selling methods are being copied to earn double copy-trading charges. Moreover, the $NGC token could be staked on VIP tiers obtainable on the NAGA Trading platform. 

The NAGA group will unlock utilities for the $NGC token in a number of phases, with the important thing characteristic of a 50% low cost on copy buying and selling charges being the primary to go dwell. As famous by the corporate of their official assertion, the $NGC token will even supply customers entry to cashback on a per-trade foundation, decrease charges throughout all buying and selling pairs listed on Switex, in addition to free membership within the Switex Cashback program. 

Different advantages of the $NGC token will embrace the choice to buy discounted advert credit for the NAGA TRADER AdManager and Switex, entry to premium content material, and the choice to earn enticing APYs by simply holding the token.

Buyers and merchants on the NAGA platform are already producing greater than $250 billion in annual buying and selling quantity throughout 1,500 totally different belongings in a spread of lessons, with 600,000 actual cash transactions executed through the corporate’s copy buying and selling mechanism. As a result of copy merchants will profit from the low cost and credit score factors provided by the NAGA Coin integration, the NAGA group expects it to play a essential position in serving to the corporate broaden its consumer base globally.

The $NGC token is presently listed throughout distinguished exchanges, together with Uniswap, Bittrex World, KuCoin, and HitBTC. As the one coin that helps all actions throughout the NAGA ecosystem, be it social buying and selling, DeFi, or betting, the NAGA group plans to roll out all associated utilities earlier than the tip of the fourth quarter of 2021.

Although the NAGA ecosystem has achieved a 157% growth in revenue during the third quarter of 2021, the $NGC token remains to be extremely undervalued. The mixing of the $NGC token will play a pivotal position in serving to the platform broaden its market dominance whereas accelerating the token’s development in valuation, particularly as a result of increasingly traders are catching on to the rising development of social and replica buying and selling.