Nominex News Channel
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Nominex - crypto exchange with an internal token NMX, which is distributed via Yield Farming model.

Official website
https://nominex.io?us=tgen

English Chat
@NominexExchange

🔗 All Nominex useful links and media
https://linktr.ee/Nominex.io
Download Telegram
Forwarded from Nomiswap News
💥 Trading Rewards are Active on Nomiswap!

Now on the decentralized exchange you can receive additional deductions for all trading activities of your referrals and team.

📊 Referral Trading Rewards — you get up to 20% for trading operations of your direct referrals.
💰 Team Trading Rewards — you get up to 10% of the amount of trading commissions paid by a weak team.

The amount of these rewards depends on the level of farmin, bonuses are summed up with other rewards — the profit will become even greater.

📖 More details about the Referral Trading Rewards:
https://nomiswap.gitbook.io/home/referral-system/rewards-for-own-referrals
📖 More about Team Trading Rewards:
https://nomiswap.gitbook.io/home/referral-system/team-rewards-expand/team-trading-reward

We remind you that previously all farming pools have already been implemented:
Holder Bonus — a reward for the duration of farming.
👥 Team Farming Rewards — a percentage of what your weak team farmed.
➡️ Referral Farming Rewars — profit from farming registered under you.

Exchange crypto profitably:
nomiswap.io/swap

Trading rewards for direct referrals and a weak team are formed based on the amount of commissions paid by the team's users on the DEX, minus their cashbacks, in accordance with the level of farming.

Rewards are accrued once a day. Statistics are updated every 5 minutes
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Cryptocurrency Digest For the Last Week

✔️ According to Reuters, Binance continues to serve users from Iran, despite US sanctions and a ban on operating in the country.

🇬🇧 The representative of the Bank of England believes that the crypto industry should be regulated in the same way as fiat money.

📉 Ethereum weekly outflow from exchanges hits a 14-month low of 2.4K

The capitalization of the crypto market has lost 3% over the past day

🐋 Crypto whales hold their BTC, about 5,000 wallets hold BTC worth $10 million or more.

💸 According to statistics, the 500 largest Ethereum whales are actively buying up the FTX exchange token — FTT Token.

🛡 The Financial Stability Board (FSB) under the G20 group in October 2022 is going to present a list of recommendations for the regulation of cryptocurrency.

💰 The Bitcoin reserve risk indicator has fallen to its lowest level ever.
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Useful links of the Nominex Ecosystem
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🐻 Bear market stages
The concept of "bulls" and "bears" appeared in exchange terminology in the 18th century!

"Bulls" in the market are buyers, "bears" are sellers.

Buying moves the price up, therefore it is associated with bullish horns tossing it.
The fall of the price is reminiscent of pressing it with bearish power

Stages of a bear market:

🤩 Optimism
This is a time of high investor interest: everyone is actively and expensively buying, the market is growing. All this leads to the fading of consumer appetites, the players take profits, growth stops.

📉 Fall
The sellers are defeating the bulls, pushing asset prices down.

🤑 Speculative Phase
To make money in a bear market, buyers buy assets, raising their prices, but not for long. This is necessary so that other people, by inertia, start buying a growing asset, and the first buyers quickly take profits. Despite the short-term growth, the general trend of the market remains downward.

⛔️ Fall Slowdown
The market is entering an oversold phase, and investors are gradually starting to buy assets again at favorable prices. The mood in the market is gradually returning to the bullish one.

📈 Return to Gowth
At this stage, assets become cheap and unprofitable to sell. Short positions in the market are reduced, the majority starts buying again, ignoring the negative news. The fall is slowed down as much as possible, prices turn into a sideways movement, which after that will most likely be replaced by a bullish breakout.

What stage do you think the market is in right now? And what will help him move to a bullish trend faster?

📊 Exchange tokens on CEX: Nominex.io/markets
🔄 Swap tokens on DEX: Nomiswap.io/swap

#tutorial
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Forwarded from Nomiswap News
🤔 Why do people need stablecoins in local currency and are they needed?

Until now, the main stablecoins are assets pegged to the US dollar. But it is already becoming clear that in the future, stablecoins pegged to national currencies will gain their popularity, at least because the average non-American has certain barriers to using the currencies of another country.

😵‍💫 Cognitive resistance: not having a familiar unit of account currency

If the user grew up in Brazil, he is used to counting and buying in Brazilian reals.

If, on average, a user makes about 10 money decisions per day, then after making tens of thousands of money decisions in the national currency, the sudden transition to settlement in US dollars is unnatural.

He will have to go through the cognitive load of constantly converting from US dollars to local currency settlements for many transactions, such as his own earnings from farming and other consumer and entrepreneurial issues, such as loans, etc.

Many are already accustomed to using dollars, but it is for the majority that this transition will be more difficult. And for many long-time cryptocurrency users, pegging to their native currency would be more convenient.

⚡️ Emotional resistance: currency risks and uncertainty

The uncertainty associated with the volatility of the local exchange rate against the dollar can be a great emotional drag for users, due to the loss of a sense of control over the future.

So the DeFi lending rate for a business can be floating due to the change in the price of the national currency against the dollar, and this will add unnecessary doubt, given that the income from the business is also generated in local currency.

Are you waiting for a stablecoin in other currency then US dollar?

Pools with stablecoins on Nomiswap:

🟧 BUSD-USDT: https://bit.ly/3nT3VQA
🟦 USDC-USDT: https://bit.ly/3qMM4wN
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Forwarded from Nomiswap News
⚡️Attention! Important information

Due to the protracted global correction in the entire crypto market, we have decided to make some changes to the mechanisms for paying several types of bonuses in order to reduce the number of daily issued tokens to reduce pressure on the price of the NMX token.
1. We stop accrual of the holder bonus (a bonus for the duration of farming) for farming pools where there is no NMX token. At the same time, the holder bonus will continue to operate in NMX staking (lunch pool). That is, the bonus holder will continue to operate in the following pools: NMX/USDT, NMX/BUSD, NMX/BNB, NMX/USDC, NMX staking (launch pool).
2. All referral deductions are TEMPORARILY reduced by 35%. Both for farming personal referrals and for team farming.
3. Decrease the APR in the launch pool by 15%, since at the moment the difference in profitability between staking and farming has become too large and leads to the flow of liquidity from farming pools to the launch pool, while reducing the liquidity of the NMX token, which makes its rate less resistant to sales.
4. Align the APR on all pools with NMX to the APR value of the NMX/USDT pool.
5. Significantly reduce the APR for a set of some pools without an NMX token. The GST/USDC pool will be completely excluded from farming.

Attention! These changes are introduced as measures to stabilize the situation with the NMX token exchange rate and will significantly reduce the total daily emission of NMX tokens.
Some changes are TEMPORARY!

Updates on referral rewards and the holder bonus will take effect with the next accrual tonight, that is, for the current day, bonuses will already be accrued in accordance with the new rules.

In turn, our team continues to actively work on the development of our products and in the near future we will release several important updates and new releases. You can see our current updated roadmap here: https://nomiswap.gitbook.io/home/roadmap
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Forwarded from Nomiswap News
On the DEX, all transactions occur automatically, using the automatic market maker model (AMM), each transaction occurs using a smart contract — a special code that fulfills trading conditions. Immeno he manages all transactions, and he is the guarantor of its security.

Benefits of decentralized exchanges:
✔️ Anonymity
✔️ Funds control
✔️ Security
✔️ Reliability

📖 More about DEX:
https://telegra.ph/DEX-Benefits-06-21

🔄 Trade on the DEX: Nomiswap.io/swap

The #DeFinitions section will help beginners dive into the world of cryptocurrency faster. Send to your friends!
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Forwarded from Nomiswap News
Nominex Ecosystem starts its journey in 2019 and is constantly evolving
During this time, the project has grown with a large audience, and user confidence is constantly growing.

The Nomiswap DEX exchange launched not so long ago (December 30, 2021), but already during this time a large number of promises have been fulfilled.

It's time to update the roadmap for the platform, and we've done it.

Currently in progress:
🔹 Listings on main crypto exchanges
🔹 Concentrated liquidity for stablecoins
🔹 Boosting on launchpools
🔹 Custom farming pools
🔹 Personal info dashboard
🔹 Strategic partnerships

There are many more interesting things planned!

What are you most looking forward to from what is presented in the roadmap?

🛣 Roadmap:
https://nomiswap.gitbook.io/home/roadmap
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Correlation of cryptocurrencies and causes of market dynamics.
Why is everything in the market connected, and what does it depend on? Forewarned is forearmed!

The correlation of assets is the synchronous movement of their prices. It is generally accepted that in the crypto market, most currencies follow bitcoin.

The correlation is especially pronounced when BTC falls. Bitcoin correction by 10-15% can cause a 20-30% collapse of altcoins. However, with the growth of the first cryptocurrency, the recovery of altcoins is slower.

Alts repeat the movement of BTC, but not exactly the same. And the growth of bitcoin most often outstrips the rest of the market.

There are several popular opinions about the relationship between altcoins and BTC:

🔹 All digital currencies react to external events in the same way, but with different sensitivity.
🔹 So far, many investors see the whole cryptocurrency as one and use it accordingly.
🔹 Whales use bitcoin as a reserve currency during a deep market drawdown.

Also, all cryptocurrencies are affected by the same factors, which is the factor of their correlation:

💥 Unpredictable Events
Hacking large exchanges, banning accounts of popular personalities in the crypto industry, unexpected news from the world of the economy.

💬 Opinions of Popular People
For example, Elon Musk often speaks about DOGE, which affects its price.

📑 Politics
If large states legalize or prohibit operations with crypto assets, this often affects the market.

📊 Actions of Exchanges
Large sites often hold competitions and listings of tokens, influencing their price in a certain period.

🚀 New Product Launches
Best of all, assets rise in price against the backdrop of news about the development of projects, the implementation of updates and the useful use of tokens

What factors seem to you the most significant, and what other reasons do you single out?

🔄 Trade on DEX:
Nomiswap.io/swap
📈 Trade on CEX: Nominex.io/markets

Send the #tutorial to your friends, bring them up to date!
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⚡️ Simple farming mode allows you to receive passive income in 1 click
This method is good for beginners and for gradually immersing friends in the world of cryptocurrency.

What is the simple farming mode?
This is a farming method where all you need is to have USDT in your wallet.
To activate it, just press one button - all other actions are done by the exchange. This type of farming is useful for beginners who want to receive passive income without unnecessary troubles.

Differences between Simple and PRO modes
The choice of farming mode does not affect profitability, bonuses, etc. The difference is only in the technical and interface parts. You will be able to switch between these two modes. It is also worth noting that in the simple mode, your funds are in the internal wallet of the exchange.

Why do we need a simple mode?
Many people never start farming because of the difficulty of immersing themselves in the process. Now it has become much easier to receive passive income for those who were not previously familiar with crypto.

We plan to introduce simple farming on Nomiswap DEX as well.

📖 Instructions for simple farming mode:
https://bit.ly/3gP6dN0
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Forwarded from Nomiswap News
What bonuses of the Nominex ecosystem do you find the most interesting and attractive?
Anonymous Poll
79%
Holder bonus
25%
Team farming reward
10%
Team trading reward
29%
Direct farming reward
10%
Direct trading reward
17%
Cashback
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Forwarded from Nomiswap News
Nomiswap Statistics on Key Indicators

There is a very attractive APR in many pools now. You will not find such numbers in popular pairs on other TOP exchanges 😉

❗️Additional income gives a holder bonus, which is valid in all pools with NMX.

The Holder Bonus
is a reward for continuous farming. The longer you do not withdraw funds from the pool, the greater the percentage of additional income you receive.

📖 More about holder bonus:
https://support.nominex.io/en-us/article/159-holder-bonus

Also, in addition to this, you can receive Referral Rewards and Cashback for trading operations. These bonuses depend on your level of farming. So, invite your friends, it's more profitable to farm together!

👍 Farming is more profitable: Nomiswap.io/farms

Forward the message to friends
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Crypto News

• Kaspersky Lab has warned users about a 50,000 BTC scam on behalf of Nvidia.
• A rare NFT from the CryptoPunks collection was sold for $2.7 million.
• The CEEK token, worth $0.386 (+19.98%), became the leader of the day in terms of daily growth. Second place went to MATIC, $0.619 (+10.8%). The AR token took bronze with a price of $12.6 (+10.7%).
• The largest ATM provider integrates the ability to buy cryptocurrency into its devices in the US.
• The UN Conference on Trade and Development called on developing countries to urgently counteract the spread of cryptocurrencies.

Market Review
To profitably purchase a currency, click on its name
(Price changes are per week)

1️⃣ Bitcoin (BTC): $19 733 (-4.1%)
2️⃣ Ethereum (ETH): $1 081 (-9.1%)
3️⃣ Tether (USDT): $0.999 (0.1%)
4️⃣ USD coin (USDC): $1 (-0.1%)
5️⃣ Binance Coin (BNB): $228 (-4.4%)
6️⃣ BinanceUSD (BUSD): $1 (-0.1%)
7️⃣ Ripple (XRP): $0.3138 (-5.6%)
8️⃣ Cardano (ADA): $0.4191 (-9.4%)
9️⃣ Solana (SOL): $33.8 (-8.9%)
🔟 Dogecoin (DOGE): $0.06 (-12.6%)
🔹 Nominex (NMX): $0.844 (-13.8%)

Market Cap: $919 224 858 913 (2.4%)
BTC Domination: 40.9%
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Forwarded from Nomiswap News
Referral statistics on Nomiswap
Another major update has been released on the exchange!

This release includes several important changes at once.

🔹 Referral dashboard
Now users have the opportunity to view detailed statistics on the referral program: data on the team and direct referrals, as well as detailed statistics on earnings.

🔹 History of awards in launchpool and farming pools
It displays daily and all-time farming earnings, as well as team and direct referral data.

🔹 Trading reward history
On this tab, you will see deductions for trading commissions: for all time, for the day, as well as data for the team and direct referrals.

📊 View referral statistics:
https://nomiswap.io/referrals

👍 Benefits of the Nominex referral program

The referral system is arranged in the form of a binary tree with infinite levels. Bonuses are awarded from direct referrals and a weak team.

Types of referral bonuses:
🔹 Direct Farming reward — up to 10%
🔹 Team Farming reward, from all team members — up to 20%

Invite your friends using the referral link, because it's more profitable to earn money together!
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Forwarded from Nomiswap News
Nomiswap Pool Liquidity Statistics

🔥 Decentralized exchange Nomiswap.io has the highest APR in stablecoin pools.

Investing in stablecoins is one of the safest choices in times of market turmoil.

Prefer not to worry about the risks and volatility of assets? Then stable pools are for you:

🟦 USDC-USDT (APR 6.9%): https://bit.ly/3qMM4wN
🟧 BUSD-USDT (APR 6.2%): https://bit.ly/33czbTM
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Let's analyze what is the current situation in the cryptocurrency market
What are the current dynamics?

Since the beginning of the year, the capitalization of the crypto market has decreased by 60%, to $941 billion. The onset of the bear market has brought down the cost of BTC by 70% from the historical maximum of $69K. Since mid-June, the price of bitcoin has been moving in the range of $18-22K.

Most of all, the correction was reflected in the tokens of the metaverse and NFT projects, as well as the currencies of the DeFi area — the tokens have fallen by 70-85% since the beginning of the year.

🔀 This week, traders note increased volatility as a plus. Experts talk about the strong correlation of BTC with the S&P 500 index, on whose dynamics the movement of the first cryptocurrency and the entire market now depends.

Analysts believe that a negative scenario is most likely possible, in which the price of BTC will fall by $15K in the next month, pulling the market with it. There are also opinions that in August, bitcoin may drop to multi-year lows, but later grow again in the long term, returning to growth in the fall.

The next meeting of the US Federal Reserve will soon take place, where, according to experts, a decision will be made to raise the key rate again, which may provoke investors to withdraw funds from high-risk assets.

Over the past day, the price of BTC has risen by 5.6% to $20.9K.

And what are your ideas and forecasts about the nearest movement of bitcoin and the market as a whole? Share your opinions in the comments.
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Useful Nominex resources
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Forwarded from Nomiswap News
What is staking and how to get passive income from cryptocurrency?

Staking
is a way to earn passive income in cryptocurrency from your stake in a pool by providing liquidity.
For this income, you need to hold tokens in a wallet or on a specific platform.

If we talk about mining, you will have to spend money on expensive equipment and electricity, as well as understand the complex processes of its operation.

In trading, you need to study technical analysis and constantly keep your finger on the pulse of the market, making this activity your main job and still take high risks.

To stake, you just need to put funds into the liquidity pool and earn interest on the deposit. But there are still risks here, for example, those associated with the exchange rate, so make these decisions consciously.

Types of staking

🥶 Cold staking on hardware wallets
In this case, the user keeps a share of tokens in his wallet and can participate in block validation (the process associated with the generation of rewards in the blockchain), increasing his funds.
This option is quite reliable and safe, and therefore is well suited for those who own large amounts of cryptocurrencies.

Stablecoins Staking
This method itself differs from others in the features of the assets in which you invest. The stablecoin is pegged to fiat money and does not have increased volatility. That is, in the case of stable coins, an investor can practically not worry about risks, but the income will be significantly less.
Nomiswap.io exchange has the highest percentage of stablecoin returns among the TOP exchanges.

📊 Staking tokens on exchanges
Many crypto projects today allow users to earn income for liquidity. Decentralized exchanges are good because they do not directly own users' money, and all transactions on them take place directly between people, which speaks in favor of the increased security of this method.

👍 Profitable staking (92% per annum): https://nomiswap.io/pools

#tutorial
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Forwarded from Nomiswap News
🔥 Nomiswap APR Statistics in Pools

Nomiswap DEX has one of the most attractive returns of all TOP exchanges (including stablecoin pools).

If you have tokens in storage, then you can not only keep them, but receive passive income with their help. So why miss out on this opportunity?

Also, Nomiswap is developing well as a decentralized exchange, and more and more people are using it for exchange.

🔝Top tokens on the site:

1️⃣ Tether USD (USDT)
Price: $1 | Volume (24h): $3.1M

2️⃣ Wrapped BNB (WBNB)
Price: $261.24 | Volume (24h): $2.54M

3️⃣ Ethereum (ETH)
Price: $1,486.27 | Volume (24h): $1.58M

👍 More profitable yield farming: Nomiswap.io/farms
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News summaries from the world of cryptocurrency for the last week

🔁
Nomiswap.io Browser Translation
The decentralized exchange Nomiswap has released another update that allows you to translate the site interface using the built-in browser translator. We also recall that the team plans to fully translate the site into several languages.

💸 Development of Digital Currency in Russia
The Russian company Atomize, sponsored by Vladimir Potanin's Interros, has issued the country's first digital financial asset pegged to a precious metal (palladium). Developers hope that DFA data will displace cryptocurrencies.

🔝 TOP 3 Tokens Out of Hundreds of Leaders in a Week
The value of the BarnBridge token (BOND) rose by 184% to $8.73. Second place went to Polygon (MATIC), which rose 63.11% to $0.8899. Bronze went to Ethereum Classic. The ETC rate rose by 53.52% to $22.8.
Exchange tokens: Nominex.io/markets

📈 BTC dynamics
Today, the value of the first cryptocurrency has increased by 4% to $22K. The capitalization of the crypto market has exceeded $1 trillion. BTC Dominance Index — 40.1%

🏞 NFT Drop
Monthly NFT trading volumes fell 74% between May and June from $4 billion to $1.04B
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Top Most Annoying Crypto Questions
What are these questions, and what is wrong with them?

💰 Should I buy bitcoin at the current price?

For a competent understanding, you need to operate with a lot of information: what kind of portfolio and deposit a person has, can you apply technical analysis of the market, for how long you enter, etc.

You need to understand the topic well, communicate with experienced people (for example, in our social networks) and make an informed decision, taking into account the risks.

🚂 Has the train to buy crypto already left?

A typical question of all time, lost profits... All assets fall and rise, especially cryptocurrency. You can always find the right asset to buy, or choose the time to buy what you want, if you do it wisely.

🚀 What token and when will it give x?

A person asking this question can lose a lot of money by trusting the opinion of some blogger.

If someone knows the answer 100%, then he probably has a time machine. It all depends on the understanding of the topic, technical analysis, prospects and usefulness of the project, and still no one can give absolute guarantees. You need to dive into the topic.

🤑 How much have you earned so far?

Questions about money are uncomfortable and unethical for most people. And in the case of cryptocurrency, the answer may not be at all in a nutshell, since you need to take into account the period of investment/trading, unrecorded profit/loss at the moment, and also, in relation to which asset to consider profit. Usually, beginners immediately expect mountains of gold and any competent answer may not satisfy them.

Conclusion

If the questioner is serious, then he will be ready to take the time to dive into the topic and may become your referral, for example. Also, a person should be able to correctly implement any advice, because in the world of crypto you need to constantly keep your finger on the pulse.

🎓 Become smarter, take a course on the basics of trading:
https://nominex.io/my/education/courses/1
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Forwarded from Nomiswap News
🔢 Nomiswap Statistics on Key Indicators

There is a very attractive APR in many pools now. You will not find such numbers in popular pairs on other TOP exchanges 😉

❗️Additional income is provided by the holder bonus, as well as referral rewards.

The holder bonus is a reward for continuous farming. The longer you do not withdraw funds from the pool, the greater the percentage of additional income you receive.

More about holder bonus:
https://nomiswap.gitbook.io/home/core-products/holder-bonus

Also, in addition to this, you can receive referral rewards and cashback for trading operations. These bonuses depend on your level of farming. So, invite your friends, it's more profitable to farm together!

👥 More about referral rewards:
https://nomiswap.gitbook.io/home/referral-system/referral-program-overview

👍 More profitable farming: Nomiswap.io/farms

Forward the message to friends
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