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Tuesday, February 7, 2023

Nomiswap Cryptocurrency Exchange Review: CROSS Is Legit

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About Nomiswap

Nomiswap is the first decentralized exchange platform on the market with a binary referral system and the lowest platform transaction fees (0.1%). We are a decentralized exchange platform for swapping currently BEP-20 tokens on the Binance Smart Chain network but we will support multi chains in the future.

Nomiswap Cryptocurrency Exchange Review: CROSS Is Legit

Key Information

ExchangeDetails
Exchange NameNomiswap
Exchange TypeCryptocurrency
Withdraw Fee0.002 BTC
Support24/7
LangugaeEnglish
Taker Fee0.20%
Maker Fee0.20%
Website Homepage

How To Sign Up & Start Nomiswap Trading

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You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

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You Then Receive An E-mail In Your Gopax To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

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Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

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Nomiswap Fees

Nomiswap charges fees of 0.1% for a token swap on the exchange. This is lower than most other DEXs in DeFi. The 0.1% is distributed as follows:

  • 0.03% is distributed to liquidity providers
  • 0.07% is used to fund the referral program, cashback for trading fees, burning of the NMX token and finally Nomiswap’s profit.

It’s an equitable and user-first fee arrangement designed to promote growth in the system, and if you’re trading in BEP-20 tokens, an excellent place to do your trading.

Account Creation, Deposit and Withdrawal Methods

Nomiswap requires no KYC, and no deposit or sign up is required to use the platform.

It does require BNB for fees as it’s built on the Binance Smart Chain. As a DEX, the buy/sell limits are limited only by the available liquidity in the pools.

Only BEP-20 tokens can be traded, although Nomiswap plans to expand to more chains in the future.

Key Features in Nomiswap

Ability to trade with 0% fee

Thanks to utilitarian farming/staking where you are applied to receiving trading fees cashback corresponding to your amount put in liquidity pools or launchpools.

Unique Nominex/Nomiswap CeDeFi ecosystem

Providing you the opportunity to get rewards and benefits just for your using the Nominex centralized or Nomiswap decentralized platforms.

Utilitarian farming and staking

Means that you get extra referral rewards, referral program qualifications and special size of trading fees cashback for the amount of value kept in farming pools with NMX token.

Referral rewards from 3 types of activities

you get rewards from paid swap fees, from farmed tokens and from tokens earned via launch pools.

Binary referral program with 2 types of rewards

You get rewards from all activities of your own direct referrals (who started to use the platform via your referral link). And also you earn rewards from all activities of your whole referral team from all people under you in your referral structure on any level below you – it is called unlimited referral levels.

Conclusion

Nomiswap is a very useful platform for people who use decentralized exchanges. The review above certifies that the bonuses it provides surpass industry leaders such as Uniswap and Pancakeswap by far. While the platform is still relatively young and gaining popularity, the APR percentages will maintain high levels, and trading fees will remain as low as possible.

The unlimited referral program is a unique feature that can be particularly appealing for opinion leaders, and for those who are able to quickly grow their affiliate structure. Nomiswap is a perfect choice for trading the most popular BSC cryptocurrencies and placing funds into farming and staking for a continuous passive income.

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Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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