About Nominex Exchange
A well-known Estonian cryptocurrency exchange, Nominex, was established in 2019. Investors from all around the globe may take advantage of this platform's seamless bitcoin trading experience. Due to its simple and sturdy technology as well as the high degree of protection it provides, Nominex has been able to combine minimal fees with a wide range of trading tools. The creators' goal is to make crypto trading as simple and easy as possible for everyone, regardless of their level of knowledge.
Nominex Exchange Sign Up
Press the Get Started button on the official Nominex website, and then a registration page will appear and ask for your email address along with a password. If you have a referral ID, you may input it here as well. You'll be prompted to verify your email address after you've completed the registration process. You may do this by going to your email account and clicking "Confirm email." After that, you'll be a part of the community and be able to start trading!
There are no lengthy KYC verification checks during the registration process, making it quick and simple for anybody to get started.
Nominex Exchange Fees
For both takers and makers, Nominex charges a flat fee of 0.10 percent. Compared to other centralized exchanges across the world, these charges are competitive. Historically, industry norms have been between 0.20% and 0.250%. As more competition comes into the market, new averages of 0.10% to 0.150% are available.
Additionally, reduced trading costs apply if your 30-day trading activity surpasses specified thresholds. Trade fees for higher-volume accounts are shown in the table below. Users who own the exchange's cryptocurrency, the NMX crypto, will get a discount on trading fees when they use it.
To withdraw your bitcoins from your Nominex account, you must pay a fee of 0.0005 BTC. This charge is likewise in line with, if not somewhat below, the industry norm. Because the world's average is just over 0.0005 BTC per BTC withdrawal, Nominex is providing a good service.
Nominex is an Estonian-registered trading platform for crypto that was established in August 2019. This cryptocurrency exchange platform accepts Visa and MasterCard payments without requiring users to comply with Know Your Customer (KYC) rules. In other words, you don't have to provide any personal information to utilize the exchange, which is quite unusual these days.
For your convenience, Nominex allows you to exchange a wide variety of cryptocurrencies. In addition to the stable coins, Nominex allows you to trade in roughly 30 additional types of currencies. It's not as big as some others, like Binance, but for beginning investors and traders, it's more than enough.