Bitcoin Forum

And I will always be here to answer your questions about Nominex exchange!

When are you going live?

Nominex is already working! Check it yourself:)

I'm not sure about the binary tree can you explain please?
Can I manage the tree by myself? I mean is it possible to choose where my referals are going?

i just visit your website and i see that the website just supports a few coins, so will you add another coin later?
if yes what will be the requirement for the coins to be listed?

Sure, we will be adding new coins. We do not have an official list of requirments yet. I'd recommend to follow our social media (You can find a full list here - https://nominex.io/about/community )
Btw, what do you think about our website and the whole exchange in general? We're always looking forward to feedback!


Sure, you can manage it by choosing the "side" or "leg" for your direct referrals. It means that there will be a toggle in your profile, where you can choose either left or right. If you have any questions about the program, I'd recommend checking the full description here - https://nominex.io/docs/nominex-referral-program.pdf . We're always here to help. Live chat and telegram chat are also working 24\7

According to this https://nominex.io/docs/nominex-aml.pdf your exchange is in E-residancy program ?
Can you explain what the NMX token is ? I really can`t find any detailed info through the internet. Is this your project`s page https://icomarks.com/ico/numoney-exchange ?

I'm not sure what is a E-resedency program and where have you found it. We're officialy registered in Estonia and have all the needed licences.
That's not our project, just some shady project with the same token name.
You can read everything about NMX token here - https://nominex.io/nmx-tokens and I'd also recommend to read about the distribution mechanics as they are totally lit. You get 100% cashback from paying fees in NMX, daily giveaways, incresed referral payouts and more. The token itself is a very usefull thing as it decreses the fees on the exchange, gives you an opportunity to participate in future IEOs etc.

currently i already register in your website but every time i want to try the exchange feature the website just sign me out from the website
i got this error
https://i.imgur.com/I9M2RvK.png

I have forwarded your problem to the developers. Meanwhile, I'd recommend you to turn off proxy and VPN or try another browser \ another device. We would be really greatful, if you can contact our support via live chat on our website if you experience the same problem again.

currently i don't use any Proxy or VPN to visit the website but i just use google chrome browser to visit the website and right now it still not working.
Then i try to use another browser like Microsoft Edge and it works perfectly.

We're aware of that problem and our developers said it will be fixed today. Meanwhile, is it possible to get any feedback from you? Do you like Nominex? Is there anything you'd like us to improve?

i already check all the stuff in your website and i like all the trading feature that the website has
but maybe it will be good if we can have a page that same like history trading but that page we can know how much profit we made during our trading activity
i already saw this feature on another exchange but unfortunately that exchange already end this feature

Thank you for your feedback! I've forwarded your message to our upper management and they will definitely take it into the consideration ;)

great, i hope that we can see the feature soon in the exchange.
But do you plan to hold a trading contest in your exchange?
because your exchange is relatively new so holding a trading contest will attract more trader to use your website

What rules do you propose for the said trading contest? Are there any examples?
We've got some kind of a trading contest on the second phase of NMX distribution. We'll give out our tokens proportionate to the trading volume each day! You can check it out here - https://nominex.io/nmx-tokens ? as well as the first phase of NMX distribution with giveaways and 100% fee cashback in NMX

a few months ago i joined a trading contest on another exchange with the rules pretty simple.
I will Pm you the example of the trading contest/competition that i joined last month with a huge rewards

Thank you for the link and for the info! We'll definitly look into that and maybe will implement something similar

Do you have Android app or iOS app sir ?
If your exchanger have app for mobile device please paste link URL in here , because I and some people are used to trading using a mobile application.

Greetings! Right now we do not have an Android or IOS app, but we're working on it

If already available for download please update information sir , I Will try it .
User interface nominex its friendly for using and familiar for new trader ( newbie )

Thank you! We were aiming for usability, especially for newcomers:) We will update everyone as soon as we finish the development.

How does it work and what's the point of that? I mean, attracting new users for the exchange, but what's the point for users? Is it possible to win or like get something through it without huge investments?

We're still considering it, but we already have a launch challenge! It's not up yet, but you'll be able to get and win a lot of NMX tokens, which are used for exchange fees (50% discount) and are tradable

what's the point? the user can win the rewards from the contest but it still needed investment but not huge.
from the example that i send Spacelab i saw someone join the contest with 500$ and iPhone 11 Pro for placing first in the contest

Our referral program is finaly live! Check it out and start building your binary tree right now!

I think you mean, live. Just a little typo there.  ;D

---

Binary system. If I recall correctly, this type of affiliate structure is somewhat kinda like MLM, right?
Isn't this the type of marketing strategy that is also branded as a pyramid scheme?
BTW why is there a "Limited" tag on Trading fees cashback? Does that mean, it'll only be available a few months after the exchange officially started?
Also, I'm not sure if somebody has already asked this but, is passing the KYC mandatory on this exchange?
Sorry for the multiple questions, just wanted to clear things out. I'd be glad if you could answer these appropriately. Thanks.  :D

Fixed it, thank you!
It may sound like mlm but it is not even close to that. Only the binary sistem is similar. We're just giving the opportunity to benefit from unlimited levels, building your own busines, while still getting profit users (that's why we have a couple of limits, for example, you can get more than 50,000 USDT per week from leadership bonus). There's nothing coming out of nothing, like it happens in pyramid schemes.
"Limited" tag on Trading fees cashback is there because it will be limited to few months after it's start as a part of our token distribution model. You get 100% fee cashback in tokens, sure it's a limited offer  ;D
KYC is not mandatory on Nominex, however, there're withdrawal limits that apply before you pass KYC (100 USDT per moth, 1000 USDT per year).
We're always here (or in our telegram chat, or in live chat on our website) to answer any questions about Nominex, so feel free to ask!

Have you already started your referral program? Do i need someones ref link to start participating?

Yes, our affiliate program is up and running! You do not need a referral link in order to participate. Right now, if you register on Nominex exchange, you'll find yourself in the global tree. That means that the earlier you hop in, the more people will be standing under you/ That means, that one of your teams is already on 10k+ level and you need to just build the other one

If they are standing under me, why only one team?

The spillover effect from the people registering on Nominex, works like that: New users are placed in your outer "leg" or "team" and there's an option where you can choose whether you want your referrals to go into your left or right team. So the global tree system basically builds one of your teams for you and by "building" I mean placing people on 10,000+ levels below you, still allowing you to benefit from them. Unlimited levels are no joke!

This is a exchange and a pyramid, LoL  ;D In such a competitive area, an exchange needs more than just a referral program.  ??? I would like to see something innovative, like a trading pairs with commodity tokens. The trading terminal is of course wooden. Where did you get this junk?

come on bro! the exchange with binary elements already has an innovative product. I don't think anyone has ever done this before.

Usually, new technologies and unusual solutions to old problems attract users ' attention. The project is interesting, but do not lose your head. ;D ;D

I don't see anything special about the exchange yet.Tell me what marketing plans will be implemented in the near future.

I support the question. what are the competitive advantages of your exchange? how does it differ from hundreds of others?

It's not a pyramid, we offer a real service and all of the referral payouts are taken directly from our income.
We do offer a lot more than a referral program, the thread is not updated yet.
What didn't you like about the terminal? It's been developed for a long time in order to be super effective and easy to use

I joked about the pyramid  ;) You have a standard trading terminal, I saw him on many beginner exchanges. I still don’t know very well about your project so that I can move on to constructive criticism. But I definitely like your design  8)

I see that the topic is not very popular. Do you have good marketing managers? Is the project still relevant or is it all, finish?

So long time without any news from us here. Yes, we had not good marketing manager. But starting from now here will be more communications from us as well as many our news.

Hello, Greattoken.
Hope you are doing great.

Our bounty campaign is almoast ready for announcement and it will be very soon, you can't even imagine how  ;D! Please follow our news to know it first. We are going to prepeare very interesting activities for hunters, traders, refriders and so on and so on.

Please, don't forget to study our referral program https://nominex.io/en/referral-program and join Nominex https://nominex.io/en/signup
Also you are welcome to take a part in discussions in our Telegram chat https://t.me/NominexExchange. We are always ready to solve your inquiries.

Top 10 Hardware Wallets To Buy In 2020

https://nominex.io/blog/2020/04/30/top-10-hardware-wallets-to-buy-in-2020/

Dont forget about our daily tournaments with ZERO risk to lose money. You can win up to 1000 USDT   https://nominex.io/en/daily-tournaments

Is Nominex Scam Or Legit: A Bullet Proof To Our Good Intentions

https://i.imgur.com/R1YAmbj.png

READ ARTICLE (https://nominex.io/blog/2020/03/30/is-nominex-scam-or-legit-a-bullet-proof-to-our-good-intentions/)

Hello, dear Ladies and Gents.
Hope you are doing well today.

Please don't forget about our superb blog: https://nominex.io/blog. There you will find a lot of interesting and useful information. Also if you are a newbie I offer you to take a look at this article with slang interpretation for the better understanding: https://nominex.io/blog/2020/04/08/2020-crypto-terms-most-exciting-crypto-slang-explained.

https://i.imgur.com/SiWBUkS.png

Hello, greattoken, right, our referral program is quite good and unique. There you can make very good profit helping us https://nominex.io/en/referral-program.
Could you send hashtag with your e-mail in our telegram chat https://t.me/NominexExchange, our manager will count your participation. Promo code will be sent soon ;)

Also dont forget, that our token distribution is ongoing https://nominex.io/en/nmx-token-distribution/ and registration in zero risk to lose money tournaments was already opened https://nominex.io/ru/daily-tournaments. Win up to 1000 USDT  8)

https://nominex.io/blog/wp-content/uploads/2020/04/nominex-tournaments-1000x563.jpg

Finally, Some Good News! Nominex Is Launching Tournaments

ARTICLE: https://nominex.io/blog/2020/04/30/finally-some-good-news-nominex-is-launching-tournaments/

https://i.imgur.com/CNe9sSG.png

Mission Commission-Free Crypto Trading: Commando Your Way Out Of Fees

ARTICLE: https://nominex.io/blog/2020/04/23/mission-commission-free-crypto-trading-commando-your-way-out-of-fees/

Hello everyone!

NMX token distribution is ongoing, hurry up to purchase NMX with the best price: https://nominex.io/ru/nmx-token-distribution/

https://i.imgur.com/UWGLGVJ.png

https://i.imgur.com/nmlMm1X.png (https://nominex.io/en/signin/)

Greetings  ;)

If you have any questions regarding Nominex feel free to ask our support team directly in the support chat at our website https://nominex.io or join our telegram chat https://t.me/NominexExchange. We are always ready to help you! Wish you a good day, Ladies and Gents.

Howdy, everyone  ;)

New day - new post.

Please, take a look at this useful article:

Price Prediction Using The Monte Carlo Statistical Method: How It Works

https://i.imgur.com/uzId03O.png

ARTICLE: https://nominex.io/blog/2020/04/29/the-monte-carlo-statistical-method-how-it-works

Hello, gansbit.
Nice to meet you. Could you dm me with your offer please?

I am on Nominex cause I prefer to earn money rather than spend it.

No degrees help in the current financial situation. Loans, expensive medicine, crushed infrastructure, the dictatorship of the elite, and even war... How to protect yourself when even forex does not make things any easier with its requirements for deposits and bank recommendations?

Mr. Satoshi, our financial Prometheus, proposed to solve this problem with crypto. No borders or autocratic authorities - access to trading is unlimited.

The problem of education is also solved. Some companies (Cryptonaut, SNapEx, Binance, Nominex, etc.) hold demo tournaments with prizes of up to 120,000 USDT.

Demos are kind of sandboxes where kids, like you and me, are given money right at the entrance. That is, there are no investments, you don’t need to pay for the loss, and if you get into the top trader, you receive a prize in USDT on your real account.

Read the full article (https://nominex.io/blog/2020/05/03/crypto-trading-tournaments-make-money-without-having-money) on our blog (https://nominex.io/blog).

https://i.imgur.com/DaKcBBK.jpg

I’m a Nominex (https://nominex.io/en/) partner, cause you can build a business here

Free pizza, 30% off your first trip, free delivery - sounds familiar? It may be efficient as a welcome bonus, no doubt. But we at Nominex offer a lot more. From the very start, we offer to build a business, rather than give out coupons.

Let’s take a closer look at the TEAM REWARD, cause it’s directly related to the binary of our partner structure.

🙋🏻‍♂️ Each member has 2 partners on the first level, and the rest “spilled over” below. These 2 sub-trees form the teams: right and left.

🤙🏻 You receive 5-10 points for every 25 USDT of the total expenses of one team.

✅  100 points for both teams is a team cycle, which gives you 25 USDT
Moreover, the more NMX tokens you have, the more bonuses there are:

— 100 NMX? 5 points per team cycle
— 300 MNX? 8 points per team cycle
— 900 NMX? 10 points per team cycle

💸 While Mike pays the fees, John buys tokens, and Jane - discount trading packages, brand-new USDTs fall loudly into your Nominex wallet.

BECOME A PARTNER (https://nominex.io/en/referral-program)

We've got exciting news to share with you!

Today we’ve implemented several affiliate program upgrades, namely:

Fast Start Reward was renamed to Direct Reward (a direct bonus received from the referrals).

There are two new Rewards types:

1. Fast Start Reward - now this is the extra bonus credited according to the following rules:

Should you obtain the Bronze rank (1 team circle) within the first 7 days after you signed up at Nominex.io, your initial bonus will be tripled:
You get 25 USDT of Team Reward + 50 USDT of Fast Start Reward. In total, your first team circle grants you 75 USDT instead of 25 USDT. Please mind that this bonus is credited once and only on condition that your first Team reward is received within the first 7 days of your registration.

2. Team Helper Reward - earn a 25 USDT bonus for helping your team.

To receive it, your personally invited affiliates should receive the Bronze Rank (1 team circle) within the first 7 days after they signed up at Nominex.io. It’s aimed at supporting your personally invited affiliates and helping them to achieve their first results in the affiliate program within the first 7 days. In the end, they are to receive an extra bonus. If your personally invited affiliates receive their first Team reward within the first 7 days, we will additionally reward them with 50 USDT of First Start bonus mentioned above.  

Affiliate program presentations are to be updated shortly!

But that’s not all ….

Stay tuned for the Additional rewards of the Nominex affiliate program that will make your experience much more profitable and efficient!

BECOME A PARTNER (https://nominex.io/en/referral-program)

Crypto digest 1-20 of may 2020CRYPTO NEWSBitcoin Halving And Other Crypto News For May 1-20, 2020

https://i.imgur.com/DzJLXsh.png

The most anticipated once-in-four-years Bitcoin event happened to come on May, 11. The third Bitcoin halving has reduced the miner’s reward in half to 6.25BTC per block.The average hashrate has subsequently declined from 122 EH/s to 114 EH/s. On May 17, less than 100 blocks were mined that happened only 8 days in the last decade, shared digitalik.net. Many miners are waiting for the price growth to mine at their full capacity. The market matured enough even to have the so-called “hashrate futures” – the FTX exchange has become the first mover in what can become the trend in the new wave of innovative financial instruments around the “digital gold”.

After May 11, the main cryptocurrency has bounced back from its pre-halving price drop from below $8 000 to nearly $ 9 000. So far Bitcoin did not break through a psychological barrier of $10 000. Historically, the previous halvings brought a substantial price increase in the next year. According to the Nominex trading experts, if this Bitcoin bull trend continues, then in the light of the traditional financial markets poor performance, more investors might come to the crypto market.

Tezos Outperforms Bitcoin

The mining drama does not matter for the Tezos holders since it is not built on the proof-of-work consensus algorithm. Yet the minor cryptocurrency continues to outperform Bitcoin by the growth rate. At the beginning of the year the XTZ joined the elite top-10 cryptocurrencies by market capitalization, according to Coinmarketcap. Bitcoin has grown almost 40% from January 1 to May 19. At the same time, Tezos has shown almost a 100% increase from $1.35 to nearly $2.7.

Durov Quits: Lost Battle But Not The War

On May 12, Telegram’s litigation battle with the most powerful financial regulator SEC ended with Pavel Durov’s decision to close the project for good and leave the decentralisation to the next generation of the entrepreneurs. The development of the TON network has attracted a staggering sum of $1.7 billion. Those who believed in the project’s ability to challenge the status quo have received a strong push back. Investors are unhappy as well, some are even mulling the possibility to sue Durov. Other investors are happy with receiving the 72% of their initial investment, as was specified in the agreement.

Nominex experts share that this particular case is unlikely to cause damages for the crypto market. SEC still can not control Bitcoin and other cryptocurrencies. In the meantime, Singaporean Temasek has become the first government-owned company to join Facebook’s Libra project.

Almost 50 Countries Consider CBDC

Almost 50 countries around the world are considering the creation of central bank digital currencies (CBDC), reads the survey results of the British journal Central Banking. No surprise that the majority of banks are not moving into using blockchain for that purpose. But DLT technologies still remain an option.The Bank of England representative shared last week that the central bank will not compromise its functions for the sake of technology, further showing the general direction of the CB’s thinking. Global financial giant Visa strikes for the first-moved advantage with its new patent application that would be a service for the central banks to turn fiat money into the CBDC.

Cybersecurity Failure At A Supercomputer Scale

During this spring month, at least 11 supercomputers across Europe have fallen into the hands of the hungry for mining hackers. Halving or not, but supercomputers possess the unbeaten computational power. This might come at a cost, since such machines are “at the forefront of the coronavirus response”, and they are used to run workloads for the vaccine development, statistics and diagnostics, shared the European Commission in a tweet. Due to the installed malware, supercomputers have been temporarily shut down in the UK, Germany, and Switzerland. The cybersecurity researchers pointed out the possible exploitation of the vulnerabilities in the login nodes.

Follow us on Facebook (https://www.facebook.com/Nominex), Telegram (https://t.me/nominex_announcements), Twitter (https://twitter.com/NominexExchange) and stay tuned!

Why should you Join Nominex Bounty Quests?

https://i.imgur.com/ctieu02.jpg

🤑 You complete these quests — we give you NMX tokens. If you take part in ALL quests at once - you can totally gain up to 162 USDT in NMX!
Kindly keep in mind that quests will build up you referral team and that's how your income from the affiliate program grows!

What are those quests?

📹 Video quest: make a short clip including at least five cool features of the Nominex exchange and get up to 200 NMX!

✒️ Stories quest: create your stories on Nominex advantages and get 15 NMX per each! You can post maximum 3 stories while you are at it.

💬 Social Media Quest: all you need is to subscribe to our official social media pages, make your posts/tweets dedicated to Nominex exchange and report your activity. Completed quest grants you 5 NMX!

🚀 Referral quest: if you and your referral complete our Video quest, you both will get extra 10 NMX! Build your team, teach their members what to do and enjoy the results!

➕ To complete all quests:

- Sign up at nominex.io (https://nominex.io/en)
- Subscribe to our @nominex_announcements channel and join the @NominexExchange chat on Telegram.

Full Bounty Participation rules: https://bit.ly/NominexBountyQuests_eng

⏰Bounty program ends on June, 14! Enough time to  earn money, so join it now!🤩

Bitcoin Pizza Day on Nominex!

https://i.imgur.com/t2B2EPb.jpg

🍕 Ten years ago, on May 22, 2010 Bitcoin for the first time was used to buy something material. Las Vegas programmer Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John's pizzas.

In fact, he posted an offer here on Bitcointalk saying 'Pizza for Bitcoins?' asking to exchange 10K of the digital coin for two large margaritas. Jeremy Sturdivant was the one to assist. He paid to the pizzamakers in fiat money and took BTCs in exchange (here the historical transaction (https://www.blockchain.com/btc/tx/a1075db55d416d3ca199f55b6084e2115b9345e16c5cf302fc80e9d5fbf5d48d)).

Bitcoin enthusiasts have launched the Bitcoin Pizza Index (https://bitcoinpizzaindex.net/) that keeps a track of those 'gold' pizzas at current market prices. You can see that as of today, the Laszlo's dinner is worth $93.7 million, or equals to €85.4 million, or 1.7 kg of gold, or 169 metric tons of silver.

🎁 We are celebrating this anniversary by giving a 10% discount on all trading commission. To acquire this discount, you need to make two simple steps:

1️⃣ Register (https://nominex.io/en/signup/) before 23:59 UTC today.
2️⃣ Enter the chatroom (https://t.me/NominexExchange) and post your Ref ID with a #margraita10 hashtag.

✅  And don't forget to order one of those tasty Italian ones yourself today. We do need to honor traditions. In quarantine times, delivery is the best way to say cheers to Bitcoin!

From Nominex to Pizza. With Love ❤️

https://i.imgur.com/dc9wSrE.png

In 2018-19, 10 large exchanges from Japan to Canada were hacked. Is your crypto safe? And what by the way provides this notorious security?

Common sense and a cold wallet! As for the first, please help yourself, but the wallet is right up our alley.

👌 Crypto storage tool without an internet connection
🤫 No flashing the keys around the internet - hackers can't sneak them
💻 Software and a small device or flash drive with keys
Why, then, exchanges are more popular as crypto custody solution (92.1% vs 32.9%)? Cause withdrawing funds from a cold wallet takes more time, and you need to buy a device itself. So it's used only for big asset volumes and long-term investments.

If you prefer trading, look for a safe exchange - Nominex (https://nominex.io/en/):
✓ Funds distribution between hot and cold storages - 99% in cold
✓ Two-factor authentication via phone or email
✓ Multisig to approve the transaction

What other security measures do you want to see on Nominex (https://nominex.io/en/)?

💥 Dear Nominex friends and supporters,

our tournaments are gaining momentum, there are more and more winners every day. There is a chance to get into the list of champions and win up to 1000 USDT daily!

🏆 Tournaments results: https://bit.ly/3cKnum1

Registration: https://bit.ly/2zjyhWK

Each day a new tournament! Today, tomorrow, each day…!

🔊 ATTENTION!

Here are the results of the Tournament (Jun, 9) 🔥

Our winners:

5 place - id 8829 (ROI 2.6746%)  - 100 USDT
4 place - id 8632 (ROI 2.7728%)  - 200 USDT
3 place - id 2279 (ROI 3.8389%)  - 300 USDT
2 place - id 6943 (ROI 5.3839%)  - 600 USDT
1 place - id 8795 (ROI 11.4085%) - 1000 USDT

Congratulations! 🥳🥳

• The full winners table is HERE (https://bit.ly/2MR3ovP)

• To enter the tournaments well-prepared, please read their rules (https://bit.ly/30sjOmx)

• No luck today? Don't worry, you'll win tomorrow! Our Tournaments start every day at 00:00 (UTC) and run for 24 hours.

Trade, win and earn on Nominex! 💰

https://i.imgur.com/xCxwG4E.png (https://nominex.io/)

⏱ Wow, something new in Nominex Telegram chats! 🤩

Our new activity - NMX Quizzes - provides a great opportunity to learn something new about Nominex! Join our quizzes, check your knowledge on our project while competing with other community members and earning some NMX! 🤑

📊 Yesterday we ran a pilot quiz: https://t.me/NominexExchange/2000 and we hope you had some fun! We are going to conduct them regularly.

📃 Kindly share your feedback and ideas regarding new quizzes in our chat. Don't hesitate to be active. Every comment is priceless for us! 🤗

15.06 Quiz results are already calculated, so wait a bit for NMX distribution that is scheduled for today 😎

https://nominex.io

Do I have to do KYC to trade on platform or is it also possible to do one KYC? thanks in advance

Hi there! One-time passed KYC is enough. 3 BTC/day KYC-less withdrawals are available at our exchange. Find out more here: https://nominex.io/en/kyc-levels

A couple of simple questions: do I got it correctly that we only need to provide and verify an email address to have limitless deposit and 3BTC/daily withdrawal limit?
Are nmx tokens traded on your exchange as any other coin?

And I tried to flip through the previous pages to see if there is any information regarding token supply but I don't think I read anything of such, can you be kind enough to tell me what is supply - max supply of nmx tokens, and I also understand trading on nmx will occur till 2021, this is a bit too long in my opinion.

I was looking at the trading pairs on their exchange but NMX is not yet traded. So I am wondering how can they determine its value as about $1 or is that their target price once it is listed on their exchange? Also, I found this on their website that it will be listed after their distribution and since the distribution will end about 244 days, does it mean that you will see the NMX token after about 244 days? That's a long wait though.

https://img.techpowerup.org/200820/screen-shot-2020-08-20-at-10-46-17-am.png

https://img.techpowerup.org/200820/screen-shot-2020-08-20-at-10-46-24-am.png

Thanks for your help , do you know something about my first question (3BTC widrawal allowed daily just by verifying email address)?

Yes, 3btc/day without KYC, just email verification. Higher limit than Binance, right? If you upgrade to next level, you need to enable 2FA, which has limit of 100btc per day. I don't think most of us can have the 100 btc a day.  ;) And their trading volume seems increasing. So a promising exchange in my opinion.

Hopefully it will be better in the future and add other coins or tokens on the nominex.io exchange, I want to know whether NMX tokens will also be traded on other exchanges? like other exchanges besides being traded on the exchange itself, it turns out to be traded on other exchanges

I also checked and found the same thing. I don't understand which kind of strategy they follow for their token sale and token listing. If they want to listed their native token after distribution then i don't think people will show their interest on it very much. It's a too long process and who knows token value will be the same as they assumed.

The total supply of NMX tokens is 200,000,000 NMX. The allocations are as follows:
Total tokens: 200,000,000
Token distribution: 50% - 100,000,000
Funding Team: 10% - 20,000,000
Operational fund: 30% - 60,000,000
Reserve fund - 10% - 20,000,000
More detailed information can be found in white paper.

we cannot confirm the price of their token later after the NMX trading has started, it could be higher or lower, the price they assume is $ 1 I don't know how they will stabilize the price of the NMX token later, let's wait for that to happen and take a look at their final result

As they've stated that NMX token costs less in the beginning stage of token distribution and the price steadily grows up. We're stage 4 right now, on there final stage price will transform into $1.3 against each Nominex token (NMX). However, It's very long process, till then we must wait.

Yeah, very long process. I don't know investors will invest on their money for this much long time or not. Cause most of investors (specially early birds investors) invest on projects for earn some good profit after listing coin. Of course i know make a good quality project is not a easy task and it take some times. But this is much longer than expected. Hope project team have much interesting idea to attractive investors.

The trading fees are lower than Binance's if I am not mistaken. A lot of the purchases should come from traders who want to lower their fees. Plus, affiliates need NMX to advance in referral level to unlock higher tier bonuses.
In conclusion I don't think most of the funds contributed will come from speculation (although it is very enticing), but from the actual use-case of the token.

I just hope that the exchange operations can be sustained from the generated volume. Currently they are generating around $1M/day which should translate (with an average of 0.02% fee/trade) into $200/day = $6000/month. I'm sure the volume will increase once trading bots/APIs are introduced + the futures.

Their token is overpriced too much with a total supply of 200KK the same as Binance. They are selling it for 1$ per one or even more while binance sold theirs for 0.1 per one.
If you actually try their exchange you will see how bad it performance is. It is lagging a lot of the time, sometimes you have to wait over 5 min just to open the website.
Plus 50% of tokens are in devs pocket. As I calculated to mainaint the 1$ price per token they would have to be at the bottom on top 100 cmc which is impossible with current exchange.
If the exchange is lagging with that few users what will happen if more join? Do not hate me for that I'm always trying to say the truth beacuse there is no other way.

I have noticed the lag too, but for me it never took me more than a few seconds to open pages on the website. I haven't used the exchange intensively, but I'm planning to in the next few days.
The offering started with the price of 0.4 USD per token so only 4 times the BNB ICO. I also don't think the whole 200M will be distributed, not even close. I don't think they will be able to sell the whole 80M NMX. So I expect the total supply to be around 120M-140M while 100M owned by the team.

If I may pitch in, determining rate as 1 NMX for 1 USD will not be impossible if they apply a stablecoin system. That way, not only they will be able to maintain the rate, butnit will also be a competitive advantage to encourage people to use the site.

Other method will be the old school burning method. If they burn certain percentage of token utilized as fees payment, slowly the total supply will decrease and price will likely goes up.

That is the hard challenge for tokens or alts that wanted to set a specific value for their coin. Once they are in trading, you will have no control to what the traders will sell it to. Unless, they will set the sell limit in their exchange like 1 USDT. This is interesting how they can maintain the price once they are already in trading. As a new exchange without KYC when you are transacting below 3BTC daily, I am eyeing this to use in the future.

If the team sets a sell limit in 1 USDT, it will better to make NMX as a stable coin, so they can control the price. But, AFAIK, 1 USDT is the current sale price, it means, the team will not do that. I believe the team will not do this to maintain the credibility of the service and the company. As I said, when the exchange sets the price limit and plays with the price of its own token/coin, it will be a negative value for the service. This speculation of yours could be misunderstood by other members, who think that the price of the NMX will be set by the team.

I saw on your website:
365 Days of NMX Distribution
NMX token powers the whole Nominex exchange giving the ultimate benefits to all NMX holders

Explore multiple ways of receiving NMX Token and make a choice!

So we need buy and hold to get reward?how long we need hold?After 365 days or we can get reward if we hold all 365 days

There are ways to receive NMX token, like referral and demo tournament. NMX themselves will be available for trade after distribution completed in April 2021, although you can start buying them from now on

Yes! Nominex team are offering FREE NMX token to their participants through their quest programs. Those who want cheap NMX then buy it now, cause the price roads to $1.1 each after couple of hours. Make your best investment today, don’t blow it.  

Haye guys when NMX will start trading? to
You guys should change "Year Established" from 219 to 2019 on coingecko  ;D
https://www.coingecko.com/en/exchanges/nominex#about

The exchange has improved. I have tested it recently and the lags  disappeared. Good job

It'll be after token distribution on April 2021, the first exchange will be on themselves, and then expansion to other exchanges will be considered. Source: telegram channel

I think this will be good news for those NMX holders. From their telegram channel -

https://i.postimg.cc/6q0d22mP/Screen-Shot-2020-10-11-at-6-45-57-AM.png

Their token will be converted to DeFi token, I don't know what it will mean to their holders. Will the set price be respected? We don't know once it is trading in the exchange.

NMX token will be listed earlier. Now we changed our strategy into DeFi, it will be listed very soon after NMX will be converted. Follow our announcements in Telegram for updates.

By the way, we have a lot of activities: for example daily demo and real tournaments, where you can win USDT and NMX for free. You can fully pay with won NMX for trading comission and, in that way, won't pay for comission on the Nominex exchange.

Yes, we have some bugs, but we fix it fast. With each day our exchange becomes faster and more stable.
By the way, we're already in Top-50 on CoinMarketCap  ;)

Very soon, with a conversion of NMX into DeFi, we will announce staking and farming. Stay tuned and follow our Telegram announcements channel – https://t.me/nominex_announcements (https://t.me/nominex_announcements).

That's quite achievement for relatively new exchange. Congrats! I hope you will gain more traders as I'm seeing that in the near future I will use your exchange as the liquidity is quite good. But I am wondering if your NMX token is to be converted as DeFi token, will the target price still at $1? Or it may increase according to the demand? Is this going to be backed by real assets?

NMX will be listed soon, right after convertation to DeFi.

Thank you for bringing it to our attention  ;D We will edit info on CoinGecko soon.

Happy to hear it, thank you for your support!

Thank you for your words! We won't stop to grow in this rate.
More details about the price will come closer to the conversion to DeFi. Follow our updates in our Telegram channel – https://t.me/nominex_announcements  ;)

USD 1 for each NMX was not the base price, it was a discounted price. Their price increases on each sale stage, started from 0.4 last April, and planned to be 1.3 by January. This price plan will certainly change in reflect to the decision to go DeFi, but I think they'll set the target to be at least 1.3

It's quite a while I've heard MNX will become DeFi. As a Nominexians I'm truly glad to hear the news and after that hanging tight with NMX listing on exchange for trading. It will be soon but for now there is no exact date. I already joined and keep watching if their price increases after sale stage.

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