Nominex is this a scam? Review and Customers Reviews

Nominex – is an official broker Binance and the first hybrid exchange with DeFi mechanics. Crypto Exchange appeared on the market in 2019, it is a new project that continues to develop. All trading pairs and all Binance liquidity are available on the nominex.io platform. All funds are stored on Binance and, in fact, transactions are also executed on this exchange. In this review, we will look at what exactly the crypto exchange offers to its clients and whether this project is a scam.

 

Why Nominex?

This is the first exchange in the format of enter trading. The creators of the project managed to combine trading with entertainment. Now to trade cryptocurrencies and using the exchange for this is as cool as playing CS:GO. Trading turns out to be elementary clear and attractive, no matter where you are.

The tech platform started developing in 2017, but became open to users in 2019. In 2020, they launched a unique NMX token distribution model (Nominex’s own currency) and daily demo tournaments with trust management, as well as daily real tournaments. TRX stacking was launched. DeFi NMX distribution model was launched in 2021, simplified one-click farming was launched. Upgraded the trading terminal and exchange interface. Future plans are to move to full brokerage program functionality, launch your own DEX, and copy or social trading. Advantages nominex.io:

• 1000+ trading pairs with high liquidity and 0% commission;
• a wide range of cryptocurrencies – BTC (Bitcoin), LTC (Litecoin), BCH (Bitcoin cash), DASH (Dash), ZEC (ZCash), XRP (Ripple), XMR (Monero), ETH (Ethereum), etc.;
• work with tokens pegged to the U.S. dollar – USDT (Tether), USDC (USD Coin), as well as with fiat – RUB, EURO, USD, IDR, TRY, etc;
• All Binance trading pairs and liquidity are available;
• maximum profit from team farming;
• trading without KYC – you can buy crypto, withdraw and deposit up to 0.1 BTC per day without verification;
• NMX stacking allows you to reduce trading commissions to zero;
• funds are stored in the wallets of the largest exchange Binance;
• training – 10 video tutorials and more than 70 additional materials on crypto-trading;
• tournaments – you can compete against traders from all over the world;
• full-featured demo mode – you can test the features of the platform with virtual money (10 000 USDT for a demo account);
• convenient mobile version of the terminal (Android, iOS).

The nominex.io platform is available in English, Russian, Turkish, Spanish, Portuguese, Chinese, Japanese, Indonesian and Korean. The interface is simple and straightforward, even a novice can understand it.

 

How to exchange cryptocurrency on the nominex.io platform?

To exchange cryptocurrency for nominex.io, you need to go to the “Buy Crypto” section – here you can also sell it. In the form, you need to specify how much you want to spend (choose the currency – rubles, dollars, euros, etc.) and how much you want to buy (choose the cryptocurrency in the right field – BTC, ETH, XRP, etc.). And then you choose the payment method, enter the amount and complete the exchange.

NMX can be exchanged in the Farming – My NMX section. Here you connect cryptocurrency wallet Brave or MetaMask or using payment system WalletConnect, specify how much you want to give and receive, then click the “Exchange” button.

 

Verification on the Nominex platform

You can buy crypto, withdraw and deposit up to 0.1 BTC per day without verification. But if you maneuver larger amounts, it’s worth to go through verification. This will increase the daily withdrawal limit, as well as the number of ways to deposit and/or withdraw funds. To start trading and to get Level 0 on nominex.io, you need to register – only your email address is required, from which you need to follow the link to complete the registration. To get Level 1 you will need, besides your email:

• full name and date of birth;
• country of citizenship/registration;
• state identity document;
• selfies with an identity document.

For Level 2 you will additionally need to contact support/video-interviews.

 

Deposit and withdrawal

You can replenish your wallet on Cryptoexchange with cryptocurrencies, tokens and fiat money. After registration, the user has access to “Deposits” and “Withdrawals” sections. Deposits and withdrawals are credited to the wallet within 10 minutes, in rare cases – up to 2 hours. To deposit or withdraw money, you need to choose currency and network, specify the number of coins and the recipient address of BTC or other cryptocurrency in the appropriate section.

Nominex Crypto Exchange Commission

The commissions by level of trading are as follows:

• Level 0 – 0.100% (maker), 0.100% (taker), 0.050% (NMX maker), 0.050% (NMX taker).
• Level 1- 0.090% (maker), 0.100% (taker), 0.045% (NMX maker), 0.050% (NMX maker).
• Level 2 – 0.080% (maker), 0.100% (taker), 0.040% (NMX maker), 0.050% (NMX maker).
• Level 3 – 0.070% (shaker), 0.090% (taker), 0.035% (NMX shaker), 0.045% (NMX shaker).
• Level 4 – 0.060% (maker), 0.080% (taker), 0.030% (NMX maker), 0.040% (NMX maker).
• Level 5 – 0.050% (maker), 0.070% (taker), 0.025% (NMX maker), 0.035% (NMX maker).
• Level 6 – 0.040% (maker), 0.060% (taker), 0.020% (NMX maker), 0.030% (NMX maker).
• Level 7 – 0.030% (maker), 0.050% (taker), 0.015% (NMX maker), 0.025% (NMX maker).
• Level 8 – 0.020% (maker), 0.040% (taker), 0.010% (NMX maker), 0.020% (NMX maker).

As you can see, the commissions are small. And the higher the user level, the lower the % commissions.

Withdrawal fees

Withdrawal fees are: BTC – 0.0005, LTC – 0.001, BCH – 0.001, Dash – 0.002, Zcash – 0.005, XRP – 0.25, XMR – 0.0001, USDT (BEP20 (BSC)) – 1.28840262, ETH – 0.01241905, etc.

 

Nominex bonuses

Crypto exchange offers its clients discounts on commissions on the volume of funds in stacking. And also an interesting affiliate program. Let’s talk about it further.

Commission discounts

If you hold NMX tokens in your account, commissions will automatically be deducted from your balance. If you use them to pay transaction fees in the first year, you receive a 50% discount on fees. 2nd year – 30%, 3rd year – 20%, 4th year – 15%, 5th year – 10%. Levels are determined based on 30-day trading volume (in USDT) and NMX token balance.

Discounts on the volume of funds in stacking

It is possible to trade the internal token of a cryptocurrency exchange Nominex. When farming, you temporarily send NMX and USDT to a special smart contract and get rewarded for it in the form of new NMX tokens. Through this procedure, you increase the liquidity of the NMX-USDT trading pair, for which you receive a reward. You can receive a commission discount of up to 100% and up to 20% from tokens farmed by your direct referrals every day. The more assets in farming, the higher your level, the steeper the conditions for trading and receiving passives.

Affiliate Program

Nominex offers to become an affiliate and get your first 10,000 $ step by step. There are no limits, as well as levels of referrals, which can be 1 thousand or 1 million. This is the best affiliate program among the cryptocurrency exchanges. The advantages of the program include unlimited number of affiliate levels, binary affiliate structure, 8 types of affiliate bonuses:

• Bonus for personal recommendation – from 5 to 10% of direct referrals expenses.
• Team Bonus – 5 to 10% of the lowest total expenditure of all people on one of the teams.
• The Leadership Bonus is 10% (2.5 USDT) of each Team Bonus.
• Achievement Bonus – you can collect all kinds of one-time payments, etc.

You can earn 8 different types of bonuses, even get up to $50000 per week.

 

Complaints about Nominex

About cryptoexchange nominex.io There are both positive and negative reviews. Many people like the clear and user-friendly terminal. They write that the platform is convenient, simple and functional. It is good that there is a Russian-language version of the site, you can get acquainted with the trading conditions and easily understand everything. Only the “agreement”, unfortunately, is presented only in English. The company offers an interesting affiliate program and various bonuses.

There are also complaints that point out that this is a fraudulent project. They write: never trust this project, they are scammers and rob you, they suddenly block your account and you can’t withdraw your money back. They ask for KYC and then don’t open the account. The tech support specialist responded that Nominex never blocks customer accounts for no reason.

If there are any complaints about Nominex, we will be sure to post on social media. Sign up so you don’t miss anything!

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Regulation of the crypto exchange nominex.io

Among crypto exchanges there are both honest companies and scammers. To understand the integrity of a crypto exchange, it is necessary to study its regulation and check whether it has a license. That’s what we’re going to do next.

Regulator

The company is registered as Nominex Limited, located at Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles. Nominex has Certificate No. 218505 confirming registration in the Seychelles. It also claims to be licensed by the Estonian Financial Intelligence Unit. Contact information of the organization is in the public domain. The company is trustworthy, as it is the official broker of the popular cryptocurrency exchange Binance.

• Read the “Terms of Use” on the Nominex website.
• Read the certificate of incorporation of the company.
• Read the “Privacy Policy” on the Nominex website.

Nominex User Agreement

The Terms of Use document states that the company has the right to change the terms and conditions at any time and at its own discretion.

It states that the company’s services include the exchange of cryptocurrency units for units of another cryptocurrency, fiat money or NMX token.

The company provides customers with digitally protected wallets for cryptocurrencies.

The client must be at least 18 years old and must not already have accounts on the nominex.io site. Services are not available to residents of Iran, Iraq, Sudan, Syria, North Korea and several other countries. For violations the company can block and close order requests, freeze the account, delete information.

Customer Service

With support specialists Nominex can be contacted in these ways:

• listing request form;
• email: [email protected];
• Telegram;
• Twitter;
• VKontakte;
• Facebook.

 

Is Nominex a scam?

Project Nominex cannot be called a scam or a fraud. The company is the official broker of Binance crypto exchange, which has earned the trust of millions of makers and takers. Nominex does not hide its contacts, provides many ways to contact the technical support specialists. It has a certificate proving the registration of the organization in the Seychelles. It offers its clients a Russian-language version of its website – everything is translated except for the legal information.

Judging by the reviews online, Nominex is liked by users from all over the world with its simple and intuitive platform. Of course, there are also complaints, but the support service does not leave them unattended and always responds to them. The platform nominex.io offers 1000+ trading pairs, interesting bonuses and referral program. Here everyone can raise their level by trading cryptocurrencies and get income up to $50,000 per week and commission up to 0%.

 

Conclusion

Nominex – is not a scammer, it’s an honest crypto exchange. This is evidenced by the company’s certificate of registration in the Seychelles, attractive trading conditions, bonuses, an interesting referral program and a lot of positive feedback. The website nominex.io provides legal information, support contacts and detailed information about all the services. In addition, this project is the official broker of the Binance cryptocurrency exchange, so it is trustworthy. Leave your feedback about the platform nominex.io! We will be happy to answer all your questions and help you deal with problems that arise when studying this platform.