23/09/2021
EXCHANGE REVIEW NOMINEX
Nominex Review
Nominex is a cryptocurrency exchange registered in Estonia. It launched in August 2019.
As main advantages with the platform, Nominex emphasizes that they don't require any KYC and that they have enabled VISA & MasterCard support (more on these two advantages below under Deposit Methods), and that they have "military grade security" (more on this below under Nominex Security)
In addition to the above advantages, Nominex has also told us here at cryptowisser.com that they will soon launch staking, leverage and copy trading in the nearest future. We'll have to wait and see when it happens, and when it does happen, we will write about it in this review.
On 7 April 2021, Nominex also announced that they would join the Binance broker program, meaning that you can use "all of Binance's tools" when navigating and using the Nominex platform.
Nominex Mobile Support
Most crypto traders feel that desktop give the best conditions for their trading. The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. The trading chart will also be easier to display. However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. If you are one of those traders, you’ll be happy to learn that Nominex’s trading platform is also mobile compatible.
Nominex Affiliate Program
As many other exchanges, Nominex has its own referral program where you can invite new members and earn real money for that. However, unlike any other crypto exchange this one doesn’t have any restriction on how many referral levels you get profit from. This simply means that you can possibly have a million (or more) levels in your referral tree and gain 8 different types of bonuses from them, such as your direct reward (for inviting new people by yourself), team bonus of 5-10% of your whole team’s efforts, bonus for a quick start, for your team support and so on.
On 24 March 2021, the exchange announced that the maximum referral bonuses for direct referrals was now increased to 40%. But not only that, staking bonuses as high as 900% are also offered by the platform.
Nominex Trading View
Every trading platform has a trading view. The trading view is the part of the exchange’s website where you can see the price chart of a certain cryptocurrency and what its current price is. There are normally also buy and sell boxes, where you can place orders with respect to the relevant crypto, and, at most platforms, you will also be able to see the order history (i.e., previous transactions involving the relevant crypto). Everything in the same view on your desktop. There are of course also variations to what we have now described. This is the trading view at Nominex:
It is up to you – and only you – to decide if the above trading view is suitable to you. Finally, there are usually many different ways in which you can change the settings to tailor the trading view after your very own preferences.
US-investors
Why do so many exchanges not allow US citizens to open accounts with them? The answer has only three letters. S, E and C (the Securities Exchange Commission). The reason the SEC is so scary is because the US does not allow foreign companies to solicit US investors, unless those foreign companies are also registered in the US (with the SEC). If foreign companies solicit US investors anyway, the SEC can sue them. There are many examples of when the SEC has sued crypto exchanges, one of which being when they sued EtherDelta for operating an unregistered exchange. Another example was when they sued Bitfinex and claimed that the stablecoin Tether (USDT) was misleading investors. WhatsApp/App - - 0808 3663 466
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