NMX token — opportunities for passive earnings

The #tutorial for beginners and those who want to know more

Nominex Exchange is a healthy, growing organism, and the heart of this is the NMX DeFi token. There are many benefits here, from paying trading commissions to receiving multiple bonuses through the DeFi distribution model and affiliate program bonuses, NMX unlocks all the possibilities on Nominex.

💵 NMX is the native currency of Nominex, a BEP-20 token based on the BSC blockchain.

📈 NMX Exchange Bonus:

• Receive up to 100% discounts on all trading commissions;
• Withdraw the crypto up to 3 times a day for free;
• Add assets to liquidity for 72 years, receiving rewards;

🚜 Bonuses from farming, which can be obtained from 4 independent pools:

• Receive rewards for staking and additional bonuses for its duration;
• Receive income from team farming;
• Earn referral bonuses for a binary affiliate program.

📖 Read the article:
https://nominex.io/blog/product-news/defi-nmx/

The KYC system is working

With it, withdrawals up to 100 BTC per day are available for you.
Now, without KYC, the withdrawal limit is no more than 0.1 BTC per day.

⬆️ In connection with the transition to the Binance brokerage program, we are introducing the KYC system.

🆔 Go through verification in your personal account, for this you must have 2FA enabled.

⚙️ Nominex developers are constantly working to improve the functionality of the exchange.

Pass the KYC:
✅ https://nominex.io/account/

What's with the price? The opinion of an experienced user.

In connection with the renewed questions, we will publish a message from one of the old users. This is a direct quote from the Nominex community chat.

We quote his message verbatim:

“Nominex - SCAM?
This question came to PM today in the morning. I will write down my vision of the situation.

Scam is when the creators of the project raised money and fled to islands or places not so distant)

Nominex has a product, there is a farming and an internal NMX token, which is needed to pay a commission. The token is traded on the market and is subject to fluctuations and, of course, in the event of panic, the token will fall. Example: I farm CAKE on the largest DEX in the Binance ecosystem, I bought it for $ 1.5, I bought it for $ 30, at its peak it cost $ 40, and then dropped to $ 10, today it costs about $ 20 and I continue to farm it because I believe in growth to $ 100!

The same is with NMX, I farm it and do not withdraw it from the pool, I reinvest it periodically and am going to buy it in the downturn. I believe in growth to $ 10-15 after the launch of the Binance brokerage program and new pools.

And one more thing: I started buying the cue ball at $ 600 and didn't fold it, because I believed in growth and technology, it's the same here.

This is not financial advice, but just my vision. So DYOR "

Source

The benefits of NMX are made even more profitable with the Binance brokerage program!

The #tutorial for those who want to better understand the material with which they work

A unique feature of Nominex is its utilitarian farming. There are user levels depending on the size of the farming.

With the maximum level the user gets endless possibilities like completely free trading and free withdrawal of funds.

⭐️ When paying fees with the native token of the NMX exchange on Nominex, users are given a 50% discount. When farming NMX and purchasing an affiliate level, there is an additional discount on the trading commission from 20 to 100%. Nominex has 8 types of bonuses at all.

🆓 When you reach the maximum partner level, trading on Nominex becomes free! This, in turn, means essentially free trading on Binance as all of its functionality will be available on Nominex!

✔️ Read more:
https://nominex.io/blog/nominex/how-to-trade-on-binance-for-free-using-nmx-farming/

Important news about wallets managed by Nominex

Recently, we have repeatedly received questions about why withdrawals are constantly made from the wallet, which contains 7 million NMX tokens, and whether the developers themselves do these withdrawals in their own interests.

This wallet was intended to pay out previously earned tokens even before the launch of farming. These tokens are unfrozen in portions every day for 3 years.

But until now, we have worked with this wallet as with a regular exchange wallet, that is, we used it for any withdrawals, while maintaining the correct balance in total on all exchange wallets of all users. There was no mistake in this, it was just less transparent for our community, and therefore many people asked this question.

Plus, in fact, for the payment of tokens for the duration of farming and for referral payments, we took them from the same exchange wallet, although we had to issue new tokens from a smart contract. But since a large number of tokens are locked for 3 years, we did not immediately implement the mechanism for issuing new tokens from a smart contract to pay these bonuses, as this would take additional development time.

Now that we stop using this wallet as an exchange wallet, we must issue all unreleased tokens so that there are enough of them for all bonus payments.
Today we did it: to the address 0x1b2b81b6e777f2ecfe39028fe4b5e6503a4578d1
1,655,024 NMX were issued and credited from the token distribution contract.

350,000 NMX of them from this address were transferred to the exchange wallet 0x90afda51611523be69abd37e26c2bf9162acb797 for further withdrawals. Further write-offs of NMX from the exchange will take place from this address, as before all this happened from a wallet with 7 million tokens.

Wallet 0xcD58a3928a162C6ec8A7Fe4c9537a322c023af6E, which has about 6.5 million NMX left, has been withdrawn from exchange circulation - it will no longer be debited as part of standard withdrawals from exchange wallets.

We hope that with this procedure we have brought in more transparency than was previously the case, although it all may sound rather confusing. Everything will become completely transparent when we implement an algorithm for the automatic daily issue of new tokens to pay referral bonuses and bonuses during farming.

Major media trust Nominex

FXstreet, the media from the world of Forex published a crypto guide, in which it presents our exchange and shares a link to it.

💪 Our project reaches more and more masses and expands its potential!

"Nominex exchange is one platform offering earning options to its users. It provides various Defi-related services, including farming, to help maximize incomes."

📄 Read the guide:
https://www.fxstreet.com/cryptocurrencies/news/what-does-an-all-rounded-exchange-entail-202109080949

#tutorial from the world of cryptocurrency

🚜 Yield farming or, as they say, liquidity mining is a method of earning cryptocurrencies and tokens by adding cryptoassets to liquidity pools or providing flash loans, i.e., collateral loans issued through the smart contract of the DeFi platform.

✊ Staking is an opportunity to receive passive income from locked coins. Staking can be called “passive” coin mining. For the same reason, staking is only possible for coins whose network supports the Proof-of-stake (PoS) algorithm, but not for fiat funds.

While farming aims to generate all possible profitability, staking focuses on helping the blockchain network stay safe for rewards.

How do you choose between them? Your risk appetite may be the only determining factor. If you are confident in your skills and think that making more money in a short period of time is worth the risk, yield farming is the right choice.

Portfolio collection and risk diversification

There are opinions that it is necessary to store funds in several assets to diversify risks, because the price of some currencies is rising while the price of others is falling.

🧰 A crypto portfolio is a collection of cryptocurrencies owned by an investor or trader. Portfolios usually contain many different assets, including altcoins and crypto financial products.

🔀 Asset allocation means investing in different asset classes (e.g. cryptocurrencies, stocks, bonds, precious metals, cash, etc.). Diversification is the allocation of investment funds across different assets or sectors.

You can collect 40% bitcoins, 30% stablecoins, 15% NFT and 15% altcoins in your portfolio. The more diversified your portfolio is, the more accurately it will track the market as a whole.

There are services for monitoring your crypto portfolio, for example:

🔹 CoinMarketCap
🔹 Dropstab
🔹 Blackfolio

What services do you use to monitor your assets?

#tutorial

Demo tournament, and the prize is real!
Get start-up capital for trading

The #tutorial for those who want to learn how to compete with other traders and win. Check how good you are at trading without risking anything!

🔹 Each participant receives 10,000 virtual USDT in their demo account at the beginning of each round of the tournament.

🔹 The higher your profit (ROI), the higher you rank on the leaderboard and the larger your prize.

🔹 You can trade USDT prize money for 7 days, this is Trust Management. Then you can freely dispose of your earnings.

Participation in the tournament 24/7.

Track statistics of your tournament in real time!

Every day the total prize pool consists of rewards in the form of 1,120 USDT (for participants who took 1st - 5th places).

Daily Prize Distribution:

1st place - 500 USDT
2nd place - 300 USDT
3rd place - 150 USDT
4th place - 100 USDT
5th place - 70 USDT

🏆 More about tournaments:
https://support.nominex.io/en-us/article/74-daily-demo-tournaments

✅ PARTICIPATE

Interesting facts about cryptocurrency

🔹The creator of Bitcoin is an anonymous user Satoshi Nakamoto. His identity remains a mystery.

🔹CEO of the Ethereum project — Vitalik Buterin, Canadian-Russian programmer. He launched the network at age 21 (2015) and is now a billionaire.

🔹The main difference between crypto and fiat money is that they are not controlled and anonymous.

🔹The first Bitcoin transaction was made on January 21, 2009.

🔹El Salvador legalized bitcoin as an official means of payment.

🔹The advantage of cryptocurrency is the decentralization of financial turnover and its withdrawal from the monopoly control of states.

🔹For the first time, 2 pizzas were bought for 10,000 BTC ($ 446,558,000 today). This was done by a certain Laszlo Heinitz in 2010.

🔹The hard drive with 7,500 bitcoins ($ 334,986,750) was thrown into the trash by James Howells from Britain.

🔹There are more than 24,000 crypto ATMs in the world.

What interesting facts about the crypt do you know? Write in the comments

We bring your attention to the #tutorial on how to replenish your MetaMask wallet

This is the step-by-step guide with screenshots.

☑️ It is needed so that you definitely do not get confused in the process and can always refer to the training manual if you have any questions.

If you have any additional questions, ask them in the comments, and our team will be happy to answer them.

📖 Read the guide:
https://nominex.io/blog/guides/how-to-transfer-bep-20/
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Tournaments | Twitter | VK | FB

🎲 ROLL THE DICE 🎲

This competition of ours is slightly different from the previous ones.
As always, you can complete tasks and earn points. More points - more chances to win.
But this time, someone will be more fortunate. The same as with dice game.
The winner will claim the grand prize of 20 NMX 👌

✔️ Like and Retweet promo tweet
✔️ Tag 2 or more friends in replay
Plus other new tasks at the link below ⬇️

🏆 15 users will get:

🔹 20 NMX - 1 user
🔹 15 NMX - 2 users
🔹 10 NMX - 3 users
🔹 7 NMX - 4 users
🔹 5 NMX - 5 users

Join the game:
➕ https://bit.ly/3nxvZdw ➕

#NMXFarmingNumbers

🔢 NMX farming in numbers

💡Current number of people farming NMX: 11237 (⬇️ -244)
💡Pool size: $12 401 011 (-$1 714 316)
💡Current APY: 199 %

❕Attention: the indicated APY does not include bonuses for the duration of staking, as well as direct referral and team farming. In reality the income including all the bonuses is much higher!

Number of people receiving bonuses for:
💡Direct referral farming: 2352(-52)
💡Team farming: 1693 (-50)
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Tournaments | Twitter | VK | FB