Forwarded from Nomiswap News
Trading Fees Cashback is the process of using transaction fees to reward the community
Unlike other exchange platforms, Nomiswap returns the transaction fees to the users in the form of its native token — NMX.
When you make a swap on Nomiswap and pay a trading fee of 0.1%, up to 100% of the trading fee will be immediately returned to your “Fee Return” balance in NMX tokens. The size of cashback depends on your farming level.
🔄 Swap on DEX:
nomiswap.io/swap
The Nomiswap team allocates 10% of all issuing tokens for the cashback payouts but these tokens will be generated in a unique way. To be more specific, tokens for cashback payouts are generated once a day and the following day all traders from Nomiswap and Nominex platforms participate in trading fees cashback payouts.
Each day may be distributed only a fixed amount of NMX tokens which is 10% from the full daily distribution pool.
🚜 Nomiswap Farming:
nomiswap.io/farms
Unlike other exchange platforms, Nomiswap returns the transaction fees to the users in the form of its native token — NMX.
When you make a swap on Nomiswap and pay a trading fee of 0.1%, up to 100% of the trading fee will be immediately returned to your “Fee Return” balance in NMX tokens. The size of cashback depends on your farming level.
🔄 Swap on DEX:
nomiswap.io/swap
The Nomiswap team allocates 10% of all issuing tokens for the cashback payouts but these tokens will be generated in a unique way. To be more specific, tokens for cashback payouts are generated once a day and the following day all traders from Nomiswap and Nominex platforms participate in trading fees cashback payouts.
Each day may be distributed only a fixed amount of NMX tokens which is 10% from the full daily distribution pool.
🚜 Nomiswap Farming:
nomiswap.io/farms
👍1
What are liquidity pools?
#Tutorial for crypto traders. Everyone needs to know well the subject with which they are dealing.
Liquidity is the ability of an asset to be sold at the market price that exists at a given point in time.
💰 A liquidity pool is a vault in which market participants place their assets in order to together provide a liquidity reserve for all exchange participants, allowing them to sell their assets.
Each liquidity pool consists of 2 tokens and is used to create a market for the tokens that make up the pool.
✅ Every time a liquidity provider contributes assets to the pool, it is provided with a unique token - the liquidity pool token. In the case of NMX and USDT, you receive the NMX-LP token. That is - NMX Liquidity Pool token. Moreover, their number depends on how many of your assets are stored in the pool.
Also on our DEX there are many other pools that you can use to farm NMX.
🔄 Nomiswap Pools:
nomiswap.io/farms
#Tutorial for crypto traders. Everyone needs to know well the subject with which they are dealing.
Liquidity is the ability of an asset to be sold at the market price that exists at a given point in time.
💰 A liquidity pool is a vault in which market participants place their assets in order to together provide a liquidity reserve for all exchange participants, allowing them to sell their assets.
Each liquidity pool consists of 2 tokens and is used to create a market for the tokens that make up the pool.
✅ Every time a liquidity provider contributes assets to the pool, it is provided with a unique token - the liquidity pool token. In the case of NMX and USDT, you receive the NMX-LP token. That is - NMX Liquidity Pool token. Moreover, their number depends on how many of your assets are stored in the pool.
Also on our DEX there are many other pools that you can use to farm NMX.
🔄 Nomiswap Pools:
nomiswap.io/farms
From January 6 to January 10, BTC tested the support zone $41k — $39k, buyers thoroughly defended themselves, or those who opened short deals.
Nevertheless, the currency was actively redeemed below $41k, preventing the next bottom from breaking through.
On January 12-13, the resistance area of $48k-$45k was similarly tested. Sellers did not allow a rebound to occur. As a result, a "triangle" figure has formed on the chart, and it has 2 resolution paths.
🔷 If the support level fixes above the triangle, the movement will continue towards $52k.
🔷 Fixing below the $39.5k zone is likely to cancel the growth scenario and bring the probability of the price falling to $30k.
At the moment, a return to the lower limit of the current flat of $40.5k — $41k cannot be ruled out,
👍 Exchange BTC on Nominex more profitably than on other exchanges:
nominex.io/markets/BTC/USDT
🔄 Exchange BTC on DEX:
nomiswap.io/swap
Nevertheless, the currency was actively redeemed below $41k, preventing the next bottom from breaking through.
On January 12-13, the resistance area of $48k-$45k was similarly tested. Sellers did not allow a rebound to occur. As a result, a "triangle" figure has formed on the chart, and it has 2 resolution paths.
🔷 If the support level fixes above the triangle, the movement will continue towards $52k.
🔷 Fixing below the $39.5k zone is likely to cancel the growth scenario and bring the probability of the price falling to $30k.
At the moment, a return to the lower limit of the current flat of $40.5k — $41k cannot be ruled out,
👍 Exchange BTC on Nominex more profitably than on other exchanges:
nominex.io/markets/BTC/USDT
🔄 Exchange BTC on DEX:
nomiswap.io/swap
🥰1
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Nominex mobile app
📱 You can now farm and trade on your iOS or Android!
The process will be more convenient. Trade Bitcoin and other 1000+ cryptocurrencies commission-free with the DeFi NMX token on the smartphone or tablet.
🤖 Android: https://play.google.com/store/apps/details?id=com.nominex.app&hl=en&gl=US
🍏 iOS: https://apps.apple.com/us/app/nominex/id1572965666
You can connect wallets through WalletConnect. Works great with both TrustWallet and Metamask.
Have a great and comfortable trading!
📱 You can now farm and trade on your iOS or Android!
The process will be more convenient. Trade Bitcoin and other 1000+ cryptocurrencies commission-free with the DeFi NMX token on the smartphone or tablet.
🤖 Android: https://play.google.com/store/apps/details?id=com.nominex.app&hl=en&gl=US
🍏 iOS: https://apps.apple.com/us/app/nominex/id1572965666
You can connect wallets through WalletConnect. Works great with both TrustWallet and Metamask.
Have a great and comfortable trading!
Forwarded from Nomiswap News
The Best Swap Experience
Nomiswap Exchange is an automated market maker (AMM) that allows a user to exchange two tokens on the Binance Smart Chain network (later on other networks).
The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn NMX tokens in the "Farms".
When a user makes a token swap (trade) on the exchange, a trading fee of 0.1% will be charged, which is broken down in the following way:
🔷 0.03% is returned to liquidity providers in the form of a fee reward
🔷 0.07% is used for referral program rewards, trading fees cashback, NMX burning and Nomiswap profit.
👍 Exchange tokens on Nomiswap:
nomiswap.io/swap
Nomiswap Exchange is an automated market maker (AMM) that allows a user to exchange two tokens on the Binance Smart Chain network (later on other networks).
The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn NMX tokens in the "Farms".
When a user makes a token swap (trade) on the exchange, a trading fee of 0.1% will be charged, which is broken down in the following way:
🔷 0.03% is returned to liquidity providers in the form of a fee reward
🔷 0.07% is used for referral program rewards, trading fees cashback, NMX burning and Nomiswap profit.
👍 Exchange tokens on Nomiswap:
nomiswap.io/swap
🔷 More ATMs
In 2021, the crypto-ATM market has grown to $75 million. Analysts expect its valuation to reach $1.88 billion by 2028.
🔷 Is the crypto boom passing by the population?
According to studies, 14.1% of the population of El Salvador absolutely trust Bitcoin, 13.2% trust to some extent, 34.8% do not trust at all, and the rest are still undecided on what they expect from the first cryptocurrency. 22% of the country's population does not even know what BTC is.
nominex.io/markets/BTC/USDT
🔷 Trust in digital assets
The ex-economist of the International Monetary Fund said that people prefer to use cryptocurrency for trading rather than fiat money.
🔷 Another ban
Pakistan's Federal Investigation Agency is going to block cryptocurrency websites.
🔷 More hodl!
During the December sales in the crypto market, hodlers were able to significantly increase their reserves. The number of BTC wallets has doubled.
👍 Trading on Nominex is more profitable:
nominex.io/markets
In 2021, the crypto-ATM market has grown to $75 million. Analysts expect its valuation to reach $1.88 billion by 2028.
🔷 Is the crypto boom passing by the population?
According to studies, 14.1% of the population of El Salvador absolutely trust Bitcoin, 13.2% trust to some extent, 34.8% do not trust at all, and the rest are still undecided on what they expect from the first cryptocurrency. 22% of the country's population does not even know what BTC is.
nominex.io/markets/BTC/USDT
🔷 Trust in digital assets
The ex-economist of the International Monetary Fund said that people prefer to use cryptocurrency for trading rather than fiat money.
🔷 Another ban
Pakistan's Federal Investigation Agency is going to block cryptocurrency websites.
🔷 More hodl!
During the December sales in the crypto market, hodlers were able to significantly increase their reserves. The number of BTC wallets has doubled.
👍 Trading on Nominex is more profitable:
nominex.io/markets
Checklist for profitable trading
8-point #tutorial
Economic situation
Important events and news can seriously affect the markets.
Non-trading risks
Unaccounted for factors (for example, Elon Musk's tweet) can also be a surprise.
Exchanges
Beware of scams and choose reliable market players.
Trading risks
Factors directly related to trading.
Instruments
The choice of a pair for trading must be made taking into account its volatility and liquidity.
Leverage and lot volume
Experts do not advise beginners to use a large leverage.
Trading system and indicators
The more aggressive a trading strategy is, the more risky it is.
Psychology
Accepting failures, controlling emotions... The crypto market offers great opportunities for earning money, but it also carries a lot of temptations.
✅ And to trade more profitable than anywhere else, use the Nominex ecosystem!
📈 CEX:
nominex.io/markets
🔄 DEX:
nomiswap.io/swap
8-point #tutorial
Economic situation
Important events and news can seriously affect the markets.
Non-trading risks
Unaccounted for factors (for example, Elon Musk's tweet) can also be a surprise.
Exchanges
Beware of scams and choose reliable market players.
Trading risks
Factors directly related to trading.
Instruments
The choice of a pair for trading must be made taking into account its volatility and liquidity.
Leverage and lot volume
Experts do not advise beginners to use a large leverage.
Trading system and indicators
The more aggressive a trading strategy is, the more risky it is.
Psychology
Accepting failures, controlling emotions... The crypto market offers great opportunities for earning money, but it also carries a lot of temptations.
✅ And to trade more profitable than anywhere else, use the Nominex ecosystem!
📈 CEX:
nominex.io/markets
🔄 DEX:
nomiswap.io/swap
Let's check how well you are familiar with the Nominex project? 😉
Since what year has the exchange been operating and available to users?
Since what year has the exchange been operating and available to users?
Anonymous Quiz
14%
2017
10%
2018
35%
2019
41%
2020
Forwarded from Nomiswap News
Liquidity Pools
When you add liquidity to the pool, you will get LP tokens. When someone makes a token swap, a transaction fee of 0.1% will be charged. 0.03% will be returned to liquidity providers in the form of a fee reward. The liquidity pool will also allow you to stake your LP tokens to earn NMX tokens in the “Farms”. Hence, apart from earning income from token swap transactions, a user will be able to stake LP tokens and earn NMX tokens.
Please note that when adding liquidity you will need to have a sufficient amount of each token. Let’s say you want to add the following liquidity: 1 BNB / 308 BUSD. If you have less than 308 BUSD or less than 1 BNB, you will not be able to proceed.
Do you have tokens listed in one of our pools? So let them not lie idle, but bring passive income!
🚜 Choose a pool and farm:
https://nomiswap.io/farms
Index of fear and greed
This is the #tutorial for those who want to navigate market conditions and take benefit from analysis.
⚖️ The indicator has two poles: fear and greed, they clearly show the desire to acquire assets. This is one of the important indicators that will help you understand what state the market is in now: it is a bullish or a bearish market.
📈 The behavior of investors at different stages in relation to buying/selling can be very different. In general, investors are scared when the market falls. When the market rises, their behavior can be called greedy, i.e. they want to buy more than sell.
The index shows a parameter from 0 to 100. The closer this number is to zero, the less investors are ready to buy (bearish sentiment prevails), and vice versa, if the index is close to 100, people tend to buy assets (bullish). You can use this indicator as an effective signal to spot market ups and downs.
To determine the index of greed and fear, it is necessary to use the 6️⃣ parameters indicated below. The combination of the results of these indicators can form the final index figure for you.
• Volatility;
• Market size;
• Activity in the Social. networks and media;
• Domination;
• Trends;
• Reviews.
There are also special tools for monitoring the index:
https://alternative.me/crypto/fear-and-greed-index/
The Fear and Greed Index are not the only values that can be used to gauge market sentiment. When you think you have made the best decision, the market can react negatively and it is impossible to predict events 100% accurately.
Read more about the Fear and Greed Index ⬇️
https://nominex.io/blog/nominex/crypto-fear-and-greed-index/
After deepening into the material, it's time to put the knowledge into practice.
📈 Trade on Nominex CEX:
nominex.io/markets
🔄 Trade on Nomiswap DEX:
nomiswap.io/swap
This is the #tutorial for those who want to navigate market conditions and take benefit from analysis.
⚖️ The indicator has two poles: fear and greed, they clearly show the desire to acquire assets. This is one of the important indicators that will help you understand what state the market is in now: it is a bullish or a bearish market.
📈 The behavior of investors at different stages in relation to buying/selling can be very different. In general, investors are scared when the market falls. When the market rises, their behavior can be called greedy, i.e. they want to buy more than sell.
The index shows a parameter from 0 to 100. The closer this number is to zero, the less investors are ready to buy (bearish sentiment prevails), and vice versa, if the index is close to 100, people tend to buy assets (bullish). You can use this indicator as an effective signal to spot market ups and downs.
To determine the index of greed and fear, it is necessary to use the 6️⃣ parameters indicated below. The combination of the results of these indicators can form the final index figure for you.
• Volatility;
• Market size;
• Activity in the Social. networks and media;
• Domination;
• Trends;
• Reviews.
There are also special tools for monitoring the index:
https://alternative.me/crypto/fear-and-greed-index/
The Fear and Greed Index are not the only values that can be used to gauge market sentiment. When you think you have made the best decision, the market can react negatively and it is impossible to predict events 100% accurately.
Read more about the Fear and Greed Index ⬇️
https://nominex.io/blog/nominex/crypto-fear-and-greed-index/
After deepening into the material, it's time to put the knowledge into practice.
📈 Trade on Nominex CEX:
nominex.io/markets
🔄 Trade on Nomiswap DEX:
nomiswap.io/swap
Nominex Blog |
Crypto fear and Greed index
There are two effective rates in the financial and stock markets as defined by CNNMoney. These two rates are Fear and Greed Index, respectively.
Nominex has managed to take the best from Binance without losing its uniqueness
1️⃣ You can use Binance trading tools and liquidity directly on the Nominex exchange.
Trade over 1000+ Binance pairs through the Nominex interface. You also have access to all the liquidity that is available on the Binance exchange.
2️⃣ Thanks to Nominex farming, you can trade on Binance without trading fees.
This opens up the possibility for users to use the unique features of the two sites at the same time.
Binance has a 25% discount when paying fees with BNB. Pay with NMX tokens and get a 50% discount, and when you reach the maximum farming level, trading on Nominex becomes completely free!
You earn on NMX farming by trading on Binance for free.
3️⃣ Do not forget about Nominex's unique feature — its utilitarian farming.
4️⃣ In development: semi-automatic trading bots, copy trading and more.
👍 Trading with Nominex is more profitable:
nominex.io/markets
1️⃣ You can use Binance trading tools and liquidity directly on the Nominex exchange.
Trade over 1000+ Binance pairs through the Nominex interface. You also have access to all the liquidity that is available on the Binance exchange.
2️⃣ Thanks to Nominex farming, you can trade on Binance without trading fees.
This opens up the possibility for users to use the unique features of the two sites at the same time.
Binance has a 25% discount when paying fees with BNB. Pay with NMX tokens and get a 50% discount, and when you reach the maximum farming level, trading on Nominex becomes completely free!
You earn on NMX farming by trading on Binance for free.
3️⃣ Do not forget about Nominex's unique feature — its utilitarian farming.
4️⃣ In development: semi-automatic trading bots, copy trading and more.
👍 Trading with Nominex is more profitable:
nominex.io/markets
Forwarded from Nomiswap News
AMA session with CEO Nominex on YouTube channel DeFi Direct
This channel is an aggregator of such popular media as BSC News, Solana News, ETH News
The Nominex project is expanding and covering an increasing audience, authoritative crypto channels are interested in it and Pavel Shkitin is invited for an interview, one of which you can watch at the link below.
💬 At this meeting, Pavel highlighted the main questions that may arise in the crypto community about our project, spoke about the advantages of Nominex and Nomiswap and the prospects for their development.
Comments are always welcome 😉
🖥 Watch the interview:
https://www.youtube.com/watch?v=cZ_tfnbNWnk
This channel is an aggregator of such popular media as BSC News, Solana News, ETH News
The Nominex project is expanding and covering an increasing audience, authoritative crypto channels are interested in it and Pavel Shkitin is invited for an interview, one of which you can watch at the link below.
💬 At this meeting, Pavel highlighted the main questions that may arise in the crypto community about our project, spoke about the advantages of Nominex and Nomiswap and the prospects for their development.
Comments are always welcome 😉
🖥 Watch the interview:
https://www.youtube.com/watch?v=cZ_tfnbNWnk
YouTube
CEO of @NominexExchange & @Nomiswap Outlines Growing Blockchain Ecosystem
Pavel Shkitin, CEO of Nominex and Nomiswap, joined Co-Founder of DeFi Direct, Goon Trades in a discussion to outline the growing Nominex Ecosystem.
Nominex is an exchange founded in 2019 that looks to leverage both a Centralized and Decentralized exchange…
Nominex is an exchange founded in 2019 that looks to leverage both a Centralized and Decentralized exchange…
Is Bitcoin Growth Inevitable?
What do you think?
Many crypto analysts believe that despite the bear market, the price of bitcoin will rise quite soon, which will affect the rest of the market as well.
🛡There are opinions that the creation of legal regulation and mass adoption of crypto assets will be the main driver for increasing the value of BTC. We have already seen this with the approval of the BTC-ETF by the SEC.
The head of Blockstream and Bloomberg Intelligence strategist believes that demand for Bitcoin will soon exceed supply and provoke a price increase. One of the reasons for the containment of BTC is the policy of the Federal Reserve System and the pandemic.
📈 Analysts are confident that BTC will rise as soon as the price of key stocks and indices in the financial market decreases by about 10-20%. It is then that bitcoin will receive more trust and recognition from the public.
✅ Exchange bitcoin for Nominex:
nominex.io/markets/BTC/USDT
What do you think?
Many crypto analysts believe that despite the bear market, the price of bitcoin will rise quite soon, which will affect the rest of the market as well.
🛡There are opinions that the creation of legal regulation and mass adoption of crypto assets will be the main driver for increasing the value of BTC. We have already seen this with the approval of the BTC-ETF by the SEC.
The head of Blockstream and Bloomberg Intelligence strategist believes that demand for Bitcoin will soon exceed supply and provoke a price increase. One of the reasons for the containment of BTC is the policy of the Federal Reserve System and the pandemic.
📈 Analysts are confident that BTC will rise as soon as the price of key stocks and indices in the financial market decreases by about 10-20%. It is then that bitcoin will receive more trust and recognition from the public.
✅ Exchange bitcoin for Nominex:
nominex.io/markets/BTC/USDT
Forwarded from Nomiswap News
Best Farming on Nomiswap
Nomiswap Farms offer multiple farming opportunities to our users. You can stake your LP tokens and earn NMX tokens in return. We will incentivize many liquidity pairs by offering our Liquidity Providers the chance to stake their LP tokens in our farms.
When a person adds liquidity to the pool, he/she will receive LP tokens. For example, if a person added liquidity to a BNB/BUSD pair, he/she received BNB-BUSD LP tokens. In addition to transaction fee rewards, the user can go to “Farms”, stake these LP tokens, and earn NMX tokens in return.
This is very profitable — let the tokens not lie idle, but work for you, bringing passive income.
🚜 To farm:
nomiswap.io/farms
Nomiswap Farms offer multiple farming opportunities to our users. You can stake your LP tokens and earn NMX tokens in return. We will incentivize many liquidity pairs by offering our Liquidity Providers the chance to stake their LP tokens in our farms.
When a person adds liquidity to the pool, he/she will receive LP tokens. For example, if a person added liquidity to a BNB/BUSD pair, he/she received BNB-BUSD LP tokens. In addition to transaction fee rewards, the user can go to “Farms”, stake these LP tokens, and earn NMX tokens in return.
This is very profitable — let the tokens not lie idle, but work for you, bringing passive income.
🚜 To farm:
nomiswap.io/farms
Nominex makes life easier for its users
👍 Simple farming mode
Do you want to earn in 1 click without unnecessary confusion and attract referrals without long explanations? We have invented simplefarming especially for you.
👥 Affiliate presentation
Tell your partners about Nominex clearly and earn money together with the team through a unique affiliate program. We have collected basic information about our project in a fiery presentation.
🎓 Online Trading Course
Do you want to trade, but do not know how to start? Take our 10-lesson video course and take your first step into the world of active trading!
📱Mobile version of the Nominex exchange
Download our mobile apps for iOS and Android and carry the exchange in your pocket.
🏆 Demo tournaments
Do you want to try trading risk-free? Participate in our tournament and in practice feel what it is like to be a trader!
________________________
Useful Nominex Resources
👍 Simple farming mode
Do you want to earn in 1 click without unnecessary confusion and attract referrals without long explanations? We have invented simplefarming especially for you.
👥 Affiliate presentation
Tell your partners about Nominex clearly and earn money together with the team through a unique affiliate program. We have collected basic information about our project in a fiery presentation.
🎓 Online Trading Course
Do you want to trade, but do not know how to start? Take our 10-lesson video course and take your first step into the world of active trading!
📱Mobile version of the Nominex exchange
Download our mobile apps for iOS and Android and carry the exchange in your pocket.
🏆 Demo tournaments
Do you want to try trading risk-free? Participate in our tournament and in practice feel what it is like to be a trader!
________________________
Useful Nominex Resources
👍1
Which Nominex products do you use?
Anonymous Poll
9%
Trading on CEX
18%
Trading on the DEX
25%
Simple farming mode
61%
Farming on Nominex/Nomiswap
64%
Staking NMX
4%
Online trading course
11%
Mobile app
3%
Demo Tournaments
12%
Building a referral system
👍1
Forwarded from Nomiswap News
Farming in stablecoins pools
If you invest in a pool with two stablecoins, then you practically deprive yourself of the risk of volatility and impermanent loss.
That is, if in the case of farming altcoins your income may fall with a significant correction of currencies, then with stablecoins you receive income without these risks.
There are stablecoin pools on Nomiswap, pools of BUSD-USDT and USDC-USDT.
Many people want to start farming, but they are confused by the volatility of cryptocurrency. In order to start receiving passive income without risks, there are pools of stablecoins.
✊ The annual percentage there is less, but their stability ensures that the currency does not fall in price. But you should not count on solid growth either.
It all depends on you, calculate your actions wisely and choose what suits you best: risks or stability.
🔷 BUSD-USDT pool:
https://bit.ly/33czbTM
🔷 USDC-USDT pool:
https://bit.ly/3qMM4wN
If you invest in a pool with two stablecoins, then you practically deprive yourself of the risk of volatility and impermanent loss.
That is, if in the case of farming altcoins your income may fall with a significant correction of currencies, then with stablecoins you receive income without these risks.
There are stablecoin pools on Nomiswap, pools of BUSD-USDT and USDC-USDT.
Many people want to start farming, but they are confused by the volatility of cryptocurrency. In order to start receiving passive income without risks, there are pools of stablecoins.
✊ The annual percentage there is less, but their stability ensures that the currency does not fall in price. But you should not count on solid growth either.
It all depends on you, calculate your actions wisely and choose what suits you best: risks or stability.
🔷 BUSD-USDT pool:
https://bit.ly/33czbTM
🔷 USDC-USDT pool:
https://bit.ly/3qMM4wN
Which countries have banned crypto transactions?
Bolivia
On January 13, 2022, the ban went into effect.
China
On September 24, 2021, a ban on cryptocurrency transactions and mining was introduced to prevent money laundering, protect investors and fight for the environment.
Indonesia
On November 11, 2021, the cryptocurrency came under condemnation for religious reasons. There was no legal ban.
Nepal
On September 9, 2021, the regulator declared cryptocurrency trading, mining, and “encouragement of illegal activities” punishable by law.
Nigeria
On February 12, 2021, the Central Bank of the country ordered the closure of all cryptocurrency accounts, and warned of penalties for failing to do so. Although development prospects are being considered.
Turkey
On April 20, 2021, the Turkish central bank stated that cryptocurrencies cannot legally be used to pay for goods and services.
👍 Trade more profitably with Nominex:
nominex.io/markets
Bolivia
On January 13, 2022, the ban went into effect.
China
On September 24, 2021, a ban on cryptocurrency transactions and mining was introduced to prevent money laundering, protect investors and fight for the environment.
Indonesia
On November 11, 2021, the cryptocurrency came under condemnation for religious reasons. There was no legal ban.
Nepal
On September 9, 2021, the regulator declared cryptocurrency trading, mining, and “encouragement of illegal activities” punishable by law.
Nigeria
On February 12, 2021, the Central Bank of the country ordered the closure of all cryptocurrency accounts, and warned of penalties for failing to do so. Although development prospects are being considered.
Turkey
On April 20, 2021, the Turkish central bank stated that cryptocurrencies cannot legally be used to pay for goods and services.
👍 Trade more profitably with Nominex:
nominex.io/markets
👍1
Who does not take risks, does not take profits?
This is the #tutorial for those who want to understand trading in more depth.
Reward is directly proportional to the risk, i.e. the greater the risk, the greater the profit.
⚖️ Risk/Reward ratio shows whether riskier investments provide higher rewards and vice versa. This helps investors manage the risk of losing money on trades.
For example, an investment with a 1:5 Risk/Reward ratio assumes that the investor is willing to risk $1 in the hope of earning $5.
Diversification helps to reduce risks.
💸 Traders often use stop orders when exchanging assets in order to reduce losses and directly manage their investments with an emphasis on risk/reward.
📄 Read more:
https://telegra.ph/RiskReward-ratio-10-08
________________________
Useful Nominex Resources
This is the #tutorial for those who want to understand trading in more depth.
Reward is directly proportional to the risk, i.e. the greater the risk, the greater the profit.
⚖️ Risk/Reward ratio shows whether riskier investments provide higher rewards and vice versa. This helps investors manage the risk of losing money on trades.
For example, an investment with a 1:5 Risk/Reward ratio assumes that the investor is willing to risk $1 in the hope of earning $5.
Diversification helps to reduce risks.
💸 Traders often use stop orders when exchanging assets in order to reduce losses and directly manage their investments with an emphasis on risk/reward.
📄 Read more:
https://telegra.ph/RiskReward-ratio-10-08
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Forwarded from Nomiswap News
Referral program overview
Nominex and Nomiswap has a common single referral structure
The program features an unlimited number of referral levels that are structured as a binary tree, 6 types of bonuses and is integrated into the NMX distribution model. Its main purpose is incentivizing people to promote Nominex and Nomiswap platforms among their friends, followers and communities.
🔷 All people who use Nominex or Nomiswap platforms have a place in the referral structure.
🔷 Unique identifier of place in the referral structure is generated ID.
🔷 In Nominex you get an extra identifier as email.
🔷 In Nomiswap you get an extra identifier as an attached wallet address.
🔷 If you use Nominex and Nomiswap and attach the same wallet to both accounts then your referral place identifier is: ID + email + wallet.
🔷 Your Nominex and Nomiswap account matching happens when you attach your Nomiswap wallet to your Nominex account and vice versa.
🔥 Best DEX experience on the Nomiswap:
nomiswap.io
Nominex and Nomiswap has a common single referral structure
The program features an unlimited number of referral levels that are structured as a binary tree, 6 types of bonuses and is integrated into the NMX distribution model. Its main purpose is incentivizing people to promote Nominex and Nomiswap platforms among their friends, followers and communities.
🔷 All people who use Nominex or Nomiswap platforms have a place in the referral structure.
🔷 Unique identifier of place in the referral structure is generated ID.
🔷 In Nominex you get an extra identifier as email.
🔷 In Nomiswap you get an extra identifier as an attached wallet address.
🔷 If you use Nominex and Nomiswap and attach the same wallet to both accounts then your referral place identifier is: ID + email + wallet.
🔷 Your Nominex and Nomiswap account matching happens when you attach your Nomiswap wallet to your Nominex account and vice versa.
🔥 Best DEX experience on the Nomiswap:
nomiswap.io