The Nominex cryptocurrency exchange is a user-friendly centralized exchange that provides a high degree of safety, expert trading tools, and a referral scheme in addition to its other features.
Besides, note that Nominex is the broker for the Binance exchange. This indicates that the whole Binance liquidity as well as all trading pairs are accessible on the Nominex platform.
Additionally, all Nominex funds are kept on Binance, where transactions are also carried out.
Users can withdraw up to 0.1 BTC daily without KYC verification. However, if they want to withdraw more, they must undergo the KYC process. Besides, the Nominex crypto exchange can be accessed through both – desktop and mobile devices.
Markets
On the exchange, users have access to over 200 different tokens and over 1000 different Nominex trading pairs. BTC/USDT is the trading pair that is most popular owing to the highest Nominex trade volume as of February 2023. The Nominex spot trading option is available, but there are no options for perpetual or futures trading. Besides, it is a crypto-only exchange.
NMX is the native utility token of the Nominex crypto exchange. It is based on the BEP-20 token standard. The main use cases of NMX tokens are farming and incentivising the users. You can find the current Nominex crypto price here.
For Nominex exchange fees, it follows the maker-taker model. There are 9 tiers in which maker and taker fees vary accordingly. However, the Nominex crypto fees can be determined by the individual 30-Day Nominex trade volume or by the amount of NMX tokens held. NMX token holders pay half the fees paid by those who don't hold NMX.
Other Services
Apart from trading, Nominex offers various other features. For starters, it allows users to buy crypto with Visa or MasterCard.
Also, the exchange has a referral program, which allows traders to earn passive income by bringing new people to the exchange. Overall, there are 5 referral levels and 4 types of rewards. Referrers can get up to 100% trading fee discounts and free crypto withdrawals.
Moreover, the exchange offers the Nominex Arena, which allows traders to participate in trading tournaments. They can either participate in demo tournaments to learn or in Real Battle to participate in an actual tournament.
Another important feature of Nominex is NMX farming. It allows users to earn various rewards, including NMX, trading fee discounts, and so on by staking their NMX tokens.
Lastly, the exchange offers an education feature for novices in the crypto world. There are 10 trading lessons and an exam, which allows new traders to get started.
About the Company
Nominex is a centralized exchange that was launched on August 28, 2019. It is situated in Seychelles. Besides, it has a license issued by the Estonian Financial Intelligence Unit (FIU).
The Nominex crypto exchange was founded by Pavel Shkitin. He is also the CEO of Nominex. Pavel has a wealth of expertise in business cloud systems, e-commerce solutions, and the esteemed blockchain sector. Throughout his decades-long career, he has become known for creating innovative platforms that ensure secure transactions. His goal was to create an exchange that would provide everyone with regular income opportunities and allow them to participate in trading activities without worry. Pavel's achievements extend beyond simply building an exchange.
Another leading team member is Alexander Petrovich who is the CTO of Nominex. He has 13 years of experience in backend development, 5 years of experience with developing financial services, and 9 years of expertise in the blockchain industry. He has used his specialized knowledge to create a lightning-fast layout that allows customers to trade around the clock. Alexander's background in backend development has given him an edge when creating secure applications that are reliable and safe from outside threats. He is well-versed in numerous programming languages, such as Java, Ruby, Python, JavaScript, and more.
There's also Denis Korablev who is the CXO of Nominex. By using his 12 years of experience in frontend programming and UI/UX design, he includes all of the user's requests into a layout that is quick and easy to use.