What is “Bank guarantee” Principle?

The Neluns
1 min readAug 18, 2018

Instead of creating just another exchange, we decided to use the “Bank guarantee” approach. Neluns Exchange user assets are fully legal and insured, they are not affected by unforeseen circumstances, faced by many existing cryptocurrency exchanges. Neluns Exchange is an element of the Neluns financial ecosystem and is closely linked to the Neluns Bank. Exchange operations are executed in accordance with all legal norms and the trades are entirely legal. Investors assets are always connected to IBAN in the Neluns Bank and are legally protected. 31 The Neluns Exchange will receive a license from the U.S Commodity Futures Trading Commission (CFTC) in order to act as a clearing center for derivatives, based on the Bitcoin, Ethereum, and other cryptocurrencies.

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The Neluns

Innovative financial ecosystem composed of 3 unique elements: a Bank, a Cryptocurrency Exchange, and an Insurance Company.