Review on Nominex by Praise Olagbadun
My Review On Nominex
Ever since I started trading, Binance has been my exchange platform. The company so much caught my fantasy with it's low trading fee and user friendliness but I had a problem with the exchange platform, necessitated and stressful KYC procedures. Although it is for our safety, I still consider it cumbersome and time taking. Allow me introduce you to another exchange platform, the Nominex. It is a company that has its headquarters located in Seychelles and registered in Estonia with three Master minds behind it namely: Pavel Shkitin, Alexander Petrovich and Denis Korablev. It is an exchange platform that makes users fall in love with trading as their user interface is friendly, offers good security at a cheap trading cost and even rewards it's clients for referrals made. It was launched in the year 2019 (happens to be very new in the company) and has already been rated among the highly transparent companies available. Although the Nominex company makes it's users pass through some KYC process, they are completely stressless (as I got my account completely set-up in minutes). For easy understanding of how things are done, Nominex provides users with a complete human customer service that is very responsive and give the exact answers to all questions pushed to them (as I have tried them and was really impressed). The customer service is rendered at a great speed and also in a friendly manner.
Nominex offers it's trading services at a very competitive fee of 0.1% for both makers and takers. This fee can also be paid in form of the company's local currency, the NMX which can be acquired by making referrals or actively trading on their platform. If you happen to be scared of loosing money like myself when trading, Nominex has profounded a solution to it by providing demo accounts for users that are well funded with $10,000. This virtual money can be used to study the market well before going into trading with your hard earned cash. The company also has the security of it's users at heart by storing 94% of their funds in an offline wallet, they also work with Google servers which happens to be the most reliable in the market. The wallet also happens to be a multi signature type, which allows multiple users to access (can be very helpful for companies).
In conclusion, Nominex has all one needs from an exchange platform, they even went further to provide affiliate rewards for their users. No long KYC procedures with it. I think these should be enough reasons to join me in using Nominex.
Pros
- The exchange platform has its applications available on mobile devices for free
- The customer services can be rated 5/5 as they comprise of complete humans with adequate information required to access their services
- The platform offers rewards for users activity on the platform
- It works with the latest technologies and also promises to constantly update their platforms
- The company happens to be really transparent and has manifested it by openly showing it's owner's identity
- Works with the military grade security, leaving it with no chances of being hacked at all
- There's also a demo account for users to practice with
- It's trading fee is really competitive and can be a reason for one to use it's services f
Cons
- The company is yet to accept fiat and has its trading services limited to cryptocurrencies only. This serves as a setback to many people, I inclusive and in sure the company would work on it
