If you always keep your BTC on exchanges, there is a big problem that your BTC is always subjected to exchange default risks. We suggest you to use a wallet like Electrum to store your money off exchange. It is quite easy to use.
We just lauched a bonus project to introduce NuBits and NuLagoon Tube to the Bitcoin community. It is highly appreciated if you could help to share the informations to anyone may interested. Thank you.
The registration magic numbers will be regenerated if you reload the NuLagoon website. Don’t reload the website before you send the both NBT and BTC register request transactions. Register request will be active in searching another request to build addr pair for 1 day.
Before sending the exchange tansaction, please check the “Live Addr Pairs” to see if your pair is sucessfully registered. Otherwies your transaction will be marked invalidIn and be refunded.
After having sent the displayed amount of NBT and BTC to the NuLagoonTube addresses, what else is required to tie those two addresses to each other and allow conversion from NBT to BTC or vice versa through them?
How do you make them appear at the “Live Addr Pairs”?
There are some “register requests” listed in the “Blockchain TXs” overview, which can’t be found in the “Tube Transactions” overview or the “Live Addr Pairs” overview.
The function of back-end is simple, if we detect there is fund send in, then we convert it into another kind of coin with the latest BTC price, and send fund out to the address registered in the address pair.
Our target user is BTC holders who don’t know or don’t have a convinient and effective way to control their exposure to BTC volatility risk.
Because our register process is new to many traditional exchange users, we have seen many register request failed. We would like to remind all the NuLagoon Tube users to read the user guide carefully. You should send the exact number of NBT and BTC shown in the “User Guide”. Feel free to ask questions in this post or in the chatbox of the nulagoon.com.
We would also like to announce that all the fund send to the Tube as register request will be return back to you after you successfully register an address pair. Just post a register request refund request here.
My understanding is it’s a very new service. I know NuLagoon has been operating wonderfully for the community but I would like to get some confirmation that this new service is working well before we put it up on the site. I don’t have the assets required to try it out myself, can we get some confirmation from community members?