🚀 [EXCHANGE] Nominex.io [Zero Risk, Play Demo, Get 📈 1000 USDT daily]

[btcholder]

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.

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.

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.

[NominexExchange]

⚡️Announcement!

Nominex has listed two coins TFB and BAND at a time.
Now our users can deposit or trade BAND/BTC, BAND/USDT and TFB/USDT pairs 📈

By the way, you get free NMX tokens for trading on Nominex. How much did you get so far? 😏

[NominexExchange]

The Real Tournaments are finally here! ⚔️

From now on you can win your first real money on Nominex💰

Show off your trading skills, be the best and earn our real prize!
Unlike any other trading arena, ours won’t be time-limited, so you can participate every day.

Check the rules and get back to Nominex 👌

[ChrisPop]

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.

[Flangler]

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.

[ChrisPop]

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 is 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 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.

[holydarkness]

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.

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.

[Twinkledoe]

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.

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.

[masulum]

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.

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.

[jovan85]

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

[NominexExchange]

Hey there,

We really hope you're enjoying Nominex trading tournaments, bounty quests, referral bonuses, demo modes and so on.

But you have the power to make us even better! 💪

Share your Nominex experience on TrustPilot ⭐️ and we'll give you 5 NMX and our word to continue doing our best for each and every user of our exchange! ✋

🌐 Details are available here


Thanks, we do appreciate it ❤️

[holydarkness]

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

[ibuddy122505]

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.  

[welovedcrypto]

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

[Flangler]

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

[holydarkness]

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

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

[24Kt]

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

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 -



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.

[NominexExchange]

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.

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.

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.

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.

[NominexExchange]

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.

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.

[NominexExchange]

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.

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