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221 Review
23 Karma

Review on Novaexchange by Isaac John

Revainrating 1 out of 5

Nova Exchange Doesn't have the characteristics of a good exchange anymore.


main characteristics of an exchange, is to provide a good and convenient trading platform for its users
main characteristics of an exchange, is to provide a good and convenient trading platform for its users. An exchange is mostly regarded as good , when traders can trade on it, without facing so much difficulties.
exchange was a centralized exchange that was created to support trading in over 400 digital assets. Like most centralized exchange, nova has a central authority governing it. The exchange came from Europe, Sweden to be precise.
Lately, I was doing some research on exchanges that are no longer available in the Cryptocurrency, at the course of my discovery I found out that this exchange has been out of operation for a very long while. There are alot of users out there who aren't aware of this exchange, due to the fact that it has a very low volume and the transaction fees are very competitive.
Users can't risk trading on this exchange anymore. As it doesn't have the characteristics of a good exchange anymore.



Pros
  • This exchange has stop operating for a long while now, so there's nothing positive I can say about this exchange, since I can trade nor recommend trading on it.
Cons
  • Nova has stop functioning for a while now.
  • Not a reliable centralized exchange.