Every person has the right to freely exchange any cryptocurrency safely, securely, and inexpensively.
Nonprofit exchanges will be able to focus on the customers' needs and satisfaction instead of profiteering. But we need your help. Traditionally, cryptocurrency exchanges have been fraught with issues.
- unresponsive or non-existent customer support
- lack of fiat pairings
- suspended accounts without warning or explanation
- excessive fees
- withdrawal delays
- poor security leading to theft of assets (e.g. Mt Gox, BitGrail, etc..)
- unresponsive servers during critical market shifts
- unsupported cryptocurrencies
- exit scams
Nonprofits are member focused. They don't have owners or investors. Instead of lining the pockets of a few, nonprofit exchanges will invest in improving the exchange through better technology, customer support, cryptocurrency support, fiat pairings, and much more. This can all be done while lowering fees.
NCEF is founded in Arizona. Legally, assets owned by NCEF are forever dedicated to nonprofit use and employee compensation can only be reasonable, not excessive. There can never be an exit scam because there are no owners or shareholders to take the money.
Establishing a quality cryptocurrency exchange is daunting. If fiat will be exchanged the regulatory hurdles are complex and burdensome. Appropriate legal and technical help is expensive. At NCEF, our goal is to open source the technical and legal expertise needed to create an exchange, and to establish nonprofit organizations that will operate such exchanges. We want to create a community of nonprofit financial institutions in the cryptocurrency space that will be analogous to credit unions in the traditional banking space. By lowering the barriers of entry, we aim to increase the amount and quality of competition for cryptocurrency exchanges.
Contact
➤ LOCATION
1846 E. Innovation Park Dr.
STE 100
Oro Valley, AZ 85755
☎ CONTACT
contact@ncef.io
(402) 882-0708
Our Vision
nonprofit
The heart of NCEF's vision is to utilize nonprofits to create a more consumer focused cryptocurrency exchange market. Because nonprofits have no shareholders or owners, they are free to focus on their members' needs. Establishing various nonprofits to enhance and compete in the cryptocurrency exchange space will not only provide a direct benefit to the consumer, but also indirectly by pressuring existing corporations to improve to stay competitive.
Open SourcE
NCEF's goal is not just to merely create a better exchange, but to better the entire community. All of NCEF's work will be open source so anyone can use our work to build a better exchange. By improving the resources available to new exchanges, we aim to lower the barrier of entry and increase the quality and amount of competition in this space.
Exchanges
NCEF will shake up the exchange space by founding nonprofit cryptocurrency exchanges. These exchanges will be able to focus on member needs such as more fiat pairings, lower fees, better features, transparency, and reliability. They will be able to contribute to the NCEF open source code base and submit lessons learned to the legal and business education branches.
BUSINESS
There are many practical business considerations in starting and running a cryptocurrency exchange or a cryptocurrency friendly financial service. NCEF's business education branch will educate entrepreneurs on the topics they need to be successful in this space.
Credit Unions & more..
NCEF's vision includes more than just cryptocurrency exchanges. There are various other financial services we will tackle. First and foremost are cryptocurrency friendly banking services. As NCEF is using nonprofits to fulfill its vision, credit unions are the perfect vehicle for this since they are nonprofit banks. Credit unions are also the perfect metaphor for NCEF itself. NCEF wants to do to cryptocurrency exchange what credit unions do to banking.
legal
Operating a cryptocurrency exchange takes more than just a solid code base. There are various legal requirements depending on the jurisdiction - especially if the exchange handles fiat or securities. NCEF's legal education branch will demystify and simplify these legal hurdles to ensure more exchanges are on solid legal footing. These resources will help smaller exchanges get established and offering fiat parings sooner.
“The future of money is digital currency.”
Contact Us
Use the form below to contact us with any questions, concerns, or suggestions.
For job opportunities, please email us your resume. We’re always looking for new and exceptional talent.