TOP-5 APR by liquidity pools

We remind you that in order to support our users, we have increased the annual percentage in the main pools at the expense of tokens prepared in advance for such purposes.

So now the profit is even greater!

👍 It's more profitable with us:
nomiswap.io/farms

Crypto information. Short and to the point

We regularly release the #DeFinitions column for you with terms from the world of cryptocurrency.
In it you can see the main definitions related to the universe of digital money, as well as small explanations for them.

In addition, at the end of each post, we attach a link to the Nominex blog, which explains all these concepts in detail and with examples.

This section will help you and your friends become a little more educated in what you do, because everything needs to be done consciously.
Moreover, investments are always associated with certain risks.

📄 List of posts:

🌐 Web 3.0
💨 Gas
⚙️ ERC20 network
🧩 Halving
📊 Transaction ID
➡️ Futures
💸 Cryptocurrency
💰 Total Market Cap

Forward our posts to your friends, especially if they are just starting their cryptocurrency journey!

NMX and NMX-LP. What is the difference?

Sometimes people exchange NMX-LP tokens for other tokens through third party exchanges. This results in the loss of NMX-LP and the inability to withdraw funds from the liquidity pool. Be careful not to use LP-tokens on third-party sites.

NMX-LP is a liquidity token that cannot be bought anywhere and also cannot be sold.
It can be obtained in one way: as a trade guarantor by placing NMX and USDT in the same proportion in the NMX/USDT liquidity pool.

📑 NMX-LP is an analogue of a contract in a bank. You opened a deposit, and you were given proof of ownership of the funds.

After that, only 2 actions can be done with NMX-LP:

🔹Staking for additional earnings in NMX tokens;
🔹 Return to the pool for a return on investment. After that, the smart contract burns NMX-LP tokens.

📖 Learn more about how to disband LP tokens:
https://support.nominex.io/en-us/article/168-how-to-return-nmx-lp-to-the-liquidity-pool-and-withdraw-nmx-and-usdt-back-from-it

Trading Bonuses

Nomiswap developers are constantly working on improving the exchange and gradually introducing new functionality.

New additional rewards are waiting for everyone soon: bonuses for trading!

📊 Referral Trading Reward — you get 20 to 40% for trading operations of your direct referrals.
💰 Team Trading Reward — you get 5 to 20% of the amount of trading commissions paid by both strong and weak teams

These rewards are added to the already existing ones — there will be even more profit.

📖 Learn more about Team Trading:
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 Reward — a percentage of what your weak team farmed.
➡️ Direct Referrals Farming Reward — profit from those who have registered under you.

✔️ Exchange crypto profitably:
nomiswap.io/swap

Crypto News

• CZ expressed dissatisfaction with Terra's asset recovery policy
• LUNA rate collapsed almost to zero
nominex.io/markets/LUNA/USDT
• Tether moved most of the USDT collateral to US government bonds
• Investor of LUNA invaded the home of Terra founder Do Kwon
• Emirates Airline will add bitcoin "as a payment service".
nominex.io/markets/BTC/USDT

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

1️⃣ Bitcoin (BTC): $30 533 (-16.6%)
2️⃣ Ethereum (ETH): $2 094 (-23.9%)
3️⃣ Tether (USDT): $1.00 (0.5%)
4️⃣ Binance Coin (BNB): $306,6 (-19.1%)
5️⃣ USD coin (USDC): $1,01 (0.7%)
6️⃣ Ripple (XRP): $0,4477 (-25.4%)
7️⃣ Cardano (ADA): $0,5740 (-27.6%)
8️⃣ Solana (SOL): $51,89 (-38.7%)
9️⃣ BinanceUSD (BUSD): $1,01 (0.5%)
🔟 Polkadot (DOT): $11,11 (-23.9%)
🔹 Nominex (NMX): $1,39 (-14.9%)

Market Cap: $1 367 014 982 690 (8.5%)
BTC Domination: 42.4%

⬆️ According to one of the versions, bitcoin may rebound from the support of $27K and no longer go down, as indicated by a sharp increase in trading volumes on the chart, compared with capitulation

⏬ According to the second version, the cost of BTC may fall under $10 thousand, after another fall below $30K. In this case, analysts urge not to panic and buy an asset at a more attractive cost

🐻 There is also a forecast that Bitcoin could drop to $23K as bearish market signals can be seen on the chart. This will be a good time to acquire an asset

↔️ There are also opinions that the first cryptocurrency can either depreciate or reach a price of $1 million. In these cases, experts urge not to take risks and not go into maximalism, but to diversify risks

Some analysts say that the current market situation is reminiscent of the 1999 crisis, after which the most useful projects survived.

📊 Exchange BTC:
nominex.io/markets/BTC/USDT

How do you see the market moving in the near future?

🔃 Terra developers promise to compensate for the losses of UST
nominex.io/markets/UST/BUSD

💲 Luna Foundation Guard Sells $2.3B BTC to Support UST
nominex.io/markets/LUNA/BUSD

🙋‍♂️ Vitalik Buterin urged Terra to focus on compensation to small investors

👮‍♂️ Man arrested for trying to break into Terra founder Do Kwon's home

⏫ Analysts predict SOL nominex.io/markets/SOL/USDT and AVAX growth
nominex.io/markets/AVAX/USDT

🔙 The largest withdrawal of bitcoins from crypto exchanges in 8 months

💸 Institutional investors are buying bitcoins again

⚽️ At the ceremony before the start of a football match in Turkey, the referee flipped a coin with the BTC symbol
nominex.io/markets/BTC/USDT

🌐 The Polygon team helps Terra projects move to their blockchain
nominex.io/markets/MATIC/USDT

Binance Coin (BNB) is the official #token of the Binance crypto exchange. Binance became the largest cryptocurrency exchange in June 2021 with a transaction processing speed of 1.4 million transfers per second.

The BNB token was first issued on the Ethereum network, but is now native to the Binance blockchain (BNB Smart Chain).

🔥 The Binance exchange spends ⅕ of its profits on the so-called “burning” of tokens, which helps fight inflation and maintain demand.

The original goal of Binance Coin was to reduce fees for cryptocurrency transactions. Since that day, many crypto applications began to use BNB as “gas”, that is, a commission currency that pays for transactions. Today it is also possible to use BNB to pay for various goods and services on the Internet.

📖 More about token:
https://coinmarketcap.com/currencies/bnb/

📊 Exchange on CEX:
nominex.io/markets/BNB/USDT

Price: $299.3
Daily volume: $1,728,714,811
Capitalization: $48,747,509,384

Multichain in the plans on Nomiswap DEX
There are many unique offers already implemented on the Nomiswap exchange, but the project never stands still.

At the moment, the DeFi sector in the Nominex ecosystem is represented by the BNB SmartChain blockchain, a network of the Binance exchange designed to reduce trading fees.

But there are many blockchains, and all have their own advantages. Many of them are quite popular in the crypto community, which means they are in good demand.

In the near future, Nomiswap DEX developers will make the platform multi-chain, add support for other blockchains, in addition to BNB SC.
This decision will make the exchange even more useful and attractive to a wide audience.

📄 More about top blockchains:
https://t.me/nominex_announcements/944

Which networks are you most looking forward to?

🔢 Nomiswap DEX in numbers
TOP-5 pools by liquidity

Invite friends by your referral link, earn together!

👍 Referral page:
nomiswap.io/referrals

Fear and greed today

To date, the crypto market fear and greed (F&G) index has fallen to its lowest level since March 28, 2020

The Fear and Greed Index is a scale that reflects the mood of investors in the market. 0 on the scale means "extreme fear" and 100 means "extreme greed"

📄 More about the index:
https://t.me/nominex_announcements/1137

The user sentiment indicator has moved to the 8/100 mark (extreme fear), indicating strong investor anxiety

Anxious moods in the market began with the collapse of the price of the stablecoin TerraUSD (UST) and the temporary loss of the peg of Tether (USDT) to the US dollar

On May 12, the bitcoin rate fell to a local low of $26.7 thousand. Today it is trading at about $30.5K

On March 28, 2020, the fear and greed indicator was also at 8/100, which happened two weeks after the collapse of the crypto market due to the pandemic. At that time, the value of bitcoin was falling to $3.7K

📊 Trade on Nominex CEX:
Nominex.io

💰 Trading and farming on Nomiswap DEX:
Nomiswap.io

What is P2P?

The P2P platform allows buyers and sellers to transact without intermediaries.

🌐 Essentially, a P2P system is supported by a distributed network of users. They usually don't have a central administrator or server because each node keeps a copy of the files, acting as both a client and a server for other nodes.

Each node can download files from or upload files to other nodes. This is what distinguishes P2P networks from more traditional client-server systems, in which client devices download files from a centralized server.

The P2P architecture inherent in blockchain technology allows bitcoin and other cryptocurrencies to be transferred around the world without the need for intermediaries or a central server.

In addition to being secure, P2P is also more resistant to regulatory censorship.

#tutorial

📖 Read more:
https://nominex.io/blog/education/peer-to-peer-networks/

Boosting is planned to be introduced into staking on Launchpool in the near future

Boosting is the process of locking funds in a pool for a specified period of time in exchange for an increase in the APR.

🔝 The longer the blocking period, the greater the reward.

We remind you that you also already receive an additional reward for the duration of farming - the holder bonus.
In this case, you also receive accruals until you withdraw funds.

When withdrawing funds from the pool, the bonus will be reset to zero, and when adding funds to the pool, the percentage will be recalculated proportionally.

📖 More about the holder bonus:
https://support.nominex.io/ru/article/178-why-the-holder-bonus-recalculates

The APR in the launch pool is currently 127%.

👍 NMX Staking:
nomiswap.io/pools

BTC is hovering around the $30K mark, which is why the entire market is in strong volatility, and bitcoin itself has lost its rebound momentum

An extremely pessimistic scenario predicts the price of the first cryptocurrency at $11.3K dollars.
Such a fall has occurred only a few times in history. However, a fall below the $20K mark is unlikely, moreover, earlier the coin was redeemed on similar drawdowns.

If we talk about the fall, then the mark of $20-23K is more likely.

💸 It is possible that long-term investors will gradually buy back BTC, but this is unlikely to lead to explosive growth, since the purchasing power of the dollar is less than last year by 10%.

Also, over the past 24 hours, ETH has lost 2.5%, but remains above $2K. The TOP-10 tokens also fall from 0.5% to 3%, but their prices have been more or less stable for the last week.

The cryptocurrency fear and greed index is up today due to a 4-point sell-off cut to 12.

📊 Exchange BTC:
nominex.io/markets/BTC/USDT

TVL on Nomiswap grew by $1 million in a day

Despite the red market, the Nominex ecosystem continues to benefit people and build momentum.

💸 Farming is designed to help compensate for any drawdowns in the market and make profit:
nomiswap.io/farms

Among other methods of technical analysis, candlestick has big advantages:

👍 Relevance
The candlestick model is tied to time intervals and allows you to see the smallest changes in the market
👁‍🗨 Visibility
Colour coding allows you to better see the market situation. The classic colour of a growing candle is white, and a descending candle is black. However, in any trading terminal they can be changed at the discretion of the trader
ℹ️ Informative
The bar chart allows you to see the opening and closing points, as well as price levels. Linear displays only the price. Candles show the most complete picture of the picture and allow you to analyse any complexity
🔥 Efficiency
The use of additional methods of analysis (levels and technical indicators) allows you to filter the candle signal and reduce risks
📚 Historical viability
Many generations of stock speculators and different schools of trading use candlesticks in their trading

📖 More details with examples:
https://nominex.io/blog/education/how-to-read-candle