No fees trading hack. WTF?

[Greattoken]

Guys, what do you think? is it real?

https://www.reddit.com/r/CryptoMarkets/comments/idvklo/zero_fee_crypto_trading_hack/

if yes it looks great

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[ryzaadit]

It's their demo competition when you can earn NMX trading on their exchange by using demo account, you should visiting their exchange to know the distribution of the NMX Token. So, far you can earn NMX by trading on their exchange getting a cashback NMX when doing a trade based on your volume trading. Off course there is no fee at all since he used demo account to trade and you still can earn NMX because of its part of their distribution.

Nothing suspicious at all.

[ataArt]

For me, as a beginner, it's a good opportunity to train on this exchange without any costs.

[Greattoken]

It's their demo competition when you can earn NMX trading on their exchange by using demo account, you should visiting their exchange to know the distribution of the NMX Token. So, far you can earn NMX by trading on their exchange getting a cashback NMX when doing a trade based on your volume trading. Off course there is no fee at all since he used demo account to trade and you still can earn NMX because of its part of their distribution.

Nothing suspicious at all.

smth interesting. tournaments are really useful to train your trade skill. maybe will do a little research

[Greattoken]

For me, as a beginner, it's a good opportunity to train on this exchange without any costs.

Will you try too?

[Indymoney]

For me, as a beginner, it's a good opportunity to train on this exchange without any costs.

Will you try too?

Any one can give this a try because now most of forex exchange have demo accounts sections as well for some training and increasing your skills about trading just need some time from user and nothing else.

[logfiles]

Honestly, Today is my first day hearing about Nominex. The exchange is just barely a year old and so I wouldn't risk putting in my cryptos there just trying to avoid some trading fees that's not a big percentage compared to the asset being traded.

[Strongkored]

I'm not open the link from the OP, nominex has run a signature campaign, participants will get an NMX token, NMX token can be used for trading fees and will get a 50% discount if use the token as a fee, those who want to try can with a small capital to ensure how the exchange works for deposit dan withdrawal support.

[Janation]

Honestly, Today is my first day hearing about Nominex. The exchange is just barely a year old and so I wouldn't risk putting in my cryptos there just trying to avoid some trading fees that's not a big percentage compared to the asset being traded.

Same here.

I'm good with the exchanges I'm in right now. It is not that I am not open to such new ones it is just that I don't want to risk my cryptocurrencies in these sites for now and yeah, that also means fees.

[leyton11]

Guys, what do you think? is it real?

https://www.reddit.com/r/CryptoMarkets/comments/idvklo/zero_fee_crypto_trading_hack/

if yes it looks great

If you read it carefully this is a trading contest but it is more advanced than other contests. Nominex exchange is giving a great competition where participants will lose nothing but their time. trading fee 0 and using demo account to trade and win this is an overbearing contest for good traders.
It seems that Nominex exchange is very smart when it comes to understanding the psychology of the current traders and wants to make it famous through this competition. This is a great marketing strategy and it will probably match up with top exchanges in the future.

[Harriti]

Yes, it is definitely real. Since it's just a contest with demo accounts, no one will charge trading fee on demo accounts.
anyway, this is still a very profitable contest for traders. We don't lose money and can trade for free but we can win big prizes. Everyone should join, maybe we will be lucky and have a lot of money.

[crzy]

Honestly, Today is my first day hearing about Nominex. The exchange is just barely a year old and so I wouldn't risk putting in my cryptos there just trying to avoid some trading fees that's not a big percentage compared to the asset being traded.

Old exchange doesn't mean a good one so its good not to risk at all especially if that exchange caught you doing that. Trading might be more expensive because of the fees on some exchanges but if you know how to minimize those risk, then you'll stick using good exchange. They have an on-going campaign allowing the participants to receive their own token that has no value yet.

[bitbollo]

sometimes there are exchange that offers their "coins" to reduce the fee to be payed up to zero. excluding from this list free promotion, I am focusing my attention in two important factors: spot price of what I am trading (since I can pay more of another exchange vanishing any amount earned). withdrawal fees (since I can pay more when I go to make a cash out). There are several ways to pay an exchange. For sure they don't want run their business for free

[The Cryptovator]

I am not familiar with the Nominex exchange. All new exchange doesn't mean they are scammers. If they are distributing their native token based on trading volume then I don't think it's suspicious. Most likely they want to attract more new traders in this way. But don't be greedy. Although it seems few users supporting them but everyone should do their own diligence before putting big money into this exchange. Make deposit what you can afford losses, we can't assure you that they will never scam.

[joniboini]

Mate, this is clearly a promotional activity. Traders gain nothing except the exchange token since they trade on demo account, which the exchange themselves can print anytime they want to. Check it out further before there are more comments about "new exchange, i wouldn't risk it" etc when you don't really need to deposit anything.

[ataArt]

For me, as a beginner, it's a good opportunity to train on this exchange without any costs.

Will you try too?

Yeah, I been registering there, sometimes I'm in contests.

[CryptopreneurBrainboss]

This is just a promotion no hack involved if that's what you're implying with your question above. I saw the exchange some days back when they launched their signature Campaign on the forum so probably this just a promotions measure put in place to attract some traders into their exchange. The exchange looks clean to me nothing too suspicious yet but what I'm still confused about is the price of their native token $NMX which is $1 USDT How? What's is the token backed by and how can this be verifiable.

Unless this questions has been clearly answer don't think I'll recommend the platform to anyone yet. For now just participate in their contest if you must without risking any personal funds. The platform is still new, hive it time to see their true color.

[rodskee]

OP just bring NMX to readers attentions, though for traders who wanted to take advantage or we can say
for those who are willing to take the risk.
Receiving utility tokens and use it as your trading fees would be great but it's still risky compared to those
trading site who are already reputable.
It's traders opinions to whether to take advantage of this free tokens to enjoy trading without any paying
your own money.