Review on Novaexchange by LUIS RIVERO R
NOVAexchange reinvention
This exchange was closed for a long period, at the time it was very similar to yobit, many few well-known projects with a low trading volume are generally listed, according to official data this is located in Sweden for the main offices.
In general, most of the markets are with BTC and Doge trading pairs, however most of the markets have few orders and some with 0 in buying and selling. Trading platform quite simple, without some relevant feature although to reach each market is somewhat confusing since it does not seem in the search to others with whom we are familiar.
This exchange was closed in a controlled manner in 2017, because at that time the platform was not optimized to receive a large influx of users.
At this moment we just have to wait and know how users react to the new beginning of NOVA, however I consider that the previous owners lost a great opportunity, they were within the main 50 exchanges and from one moment to another they decided to close, I think it will be very difficult for them to resume a market as wide as they had, so I say it will only be waiting and knowing how prepared they are now.
Pros
- It is possible to find novel cryptocurrencies.
- large volume of assets listed.
- It is governed by European consumer protection laws.
Cons
- Low trading volume.
- Verification of data is necessary to use the exchange.
- Currently they do not use any token or asset of the etherium platform.
- It was closed for a long period
