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

πŸ”— All Nominex useful links and media
https://linktr.ee/Nominex.io
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Liquidity problems have been resolved for most trading pairs. There is liquidity, but it may not be high enough for the execution of large orders. Therefore, we recommend executing large orders in parts.
If you notice recurring problems, please contact our support team.

We are also starting a full-fledged move to the Binance Broker platform. Details will be in the next posts.
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From today (November 10, 2021), we are gradually starting to migrate existing trading pairs to the Binance Broker Program.

This process will consist of several stages.
βœ… More details about all steps in the knowledge base:
https://support.nominex.io/en-us/article/201-migration-of-trading-pairs-to-bbp

You might want to prepare for the move ahead of time, especially if you have a lot of different coins on your balance.
The Moscow court dismissed the claim for the return from illegal possession of 16.6 BTC. This was announced by the plaintiff's lawyer
The victim intends to appeal the decision.

Back in May, it became known that the Savelovsky court would consider a claim for the return of cryptocurrency from illegal possession.

πŸ“„ According to the plaintiff, in the summer of 2018, he made a BTC transfer to his friend on the basis of trust. According to the agreement, the friend had to invest the currency and return the borrowed to the owner in 5 months, having received for himself 20% of the profit from the investment.

The comrade never returned Bitcoin, as he announced the loss of digital funds. The plaintiff filed a pre-trial claim, and then a lawsuit.

At the time of filing a complaint, the value of the transferred assets was estimated at almost $635k, and at the moment they are worth about $1.1 million.

πŸ“Š Trade BTC on Nominex:
https://nominex.io/markets/BTC/USDT
We inform you that TRX (Tron) is the first coin that we transfer from the Nominex platform to a binance broker.
The entire translation process is carried out individually for each user on the following link:
https://nominex.io/en/funds/balances/spot

The screenshot shows that TRX coins can be withdrawn to your personal wallet, or converted into NMX tokens, or transferred to a binance broker in order to immediately be able to trade this currency.

Trading pairs TRX / USDT, TRX / ETH, TRX / USDT are deactivated, and the TRX / BUSD pair is activated, since both currencies from this pair are transferred to the binance broker platform.

We will continue to inform you about the process of transferring other currencies to a binance broker.
We present to your attention a list of recently released tutorials

These helpful materials will come in handy for all beginners and those who want to delve into the topic of crypto.

Market fundamentals:

πŸ”· Nominex affiliate program
πŸ”· Impermanent Loss
πŸ”· What are futures?
πŸ”· Elliott Wave Theory
πŸ”· Tokens burning
πŸ”· Risk/Reward

Trader psychology:

πŸ”· Excitement in trading
πŸ”· Checklist. Self-control in the market
πŸ”· The main enemies of the trader
πŸ”· How temperament affects trading

See also:
List of useful tutorials, part 1

Write in the comments, analysis of which trading topics you would like to see in our channel!
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We present the design of some pages of our future DEX (decentralized exchange), which is already being actively developed.

This DEX will completely replace Pancake Swap in our ecosystem, will be integrated with the centralized Nominex exchange through the NMX token and the utility of its farming.
It will also be possible to farm the NMX token in a variety of liquidity pools (not just NMX/USDT), while staking NMX tokens will be available.

Having fulfilled certain conditions, it will be possible to trade completely for free on Nominex and on our future DEX, as well as receive maximum referral rewards from farming and trading commissions on both trading platforms.

At the same time, DEX will exist on the market as a full-fledged separate product in the Nominex ecosystem.

Follow our news!
What is the name of leveraged cryptocurrency trading?
Anonymous Quiz
28%
Spot trading
42%
Margin trading
28%
Futures trading
3%
Binary option
Please be informed that BAT, ZRX and COMP coins have been transferred from Nominex platform to a binance broker.
The entire transfer process is carried out for those users who had non-zero balances in these currencies on the page:
https://nominex.io/funds/balances/spot

Trading pairs with USDT, ETH and USDT have been deactivated and pairs with BUSD have been activated.

The transfer of other currencies to the binance broker will be completed within a few days, including USDT, ETH and BTC. Also, in the near future, we will activate all currencies and trading pairs available for brokers on the Binance exchange - in fact, this will mean that we have fully launched the broker platform, and it will be possible to trade all currencies and all liquidity that is available on Binance.

We will continue to inform you about the process of transferring other currencies to a binance broker.
πŸ”· Bitcoin Volatility
On November 10, after updating its maximum of about $69,000, BTC fell by almost 9%, to $63,000. Analysts attribute this to rumors of a possible default of the largest Chinese company Evergrande.

πŸ”· Shiba Inu Whales
72% of the total number of SHIB is distributed over 10 wallets, and one of them owns a "controlling stake" of 51% of assets. But the point is, those 410 trillion of SHIB rests on the wallet for "burning". The biggest deal was done by Vitalik Buterin.

On the Binance wallet (TOP-8), there are now 37 trillion SHIBs, and on the Crypto-com address β€” 25 trillion tokens.

πŸ”· LTC Forecast
There are opinions that the Litecoin/BTC chart shows signs of a "supercycle" of growth, similar to the "explosive" growth of the coin in 2017. According to analysts forecasts, the LTC price may rise 2-3 times.
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Useful Nominex Resources
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What is DEX?

It is a decentralized exchange that allows you to place orders and trade cryptocurrencies without an intermediary institution managing a ledger or controlling users' funds.

Advantages:

βœ”οΈ Anonymity
All you need to show when trading on the DEX is the transaction address without any data: registration, names, mail, etc.

βœ”οΈ Funds control
DEX does not imply the storage of funds. The users themselves control them throughout the translation process.

βœ”οΈ Security
Since DEX exists on a network of computers, it does not have a single entry point, making it much more difficult to attack. It is also impossible to steal funds since they are simply not stored there.

βœ”οΈ Reliability
Since there is no single point of failure in the exchange, the likelihood of DEX crashes and downtime is significantly reduced. Updates are rollout on a node-by-node basis. Even if individual nodes fail due to maintenance or attack, the remaining nodes can still manage the exchange network.

Nominex Dex Development
In addition, hackers stole another $27 million from the exchange’s bank accounts. Mt. Gox later recovered 200,000 of those stolen Bitcoins, but it didn’t change the overall picture. As a result, Mt.Gox declared bankruptcy, leaving its clients without money

One of the Mt.Gox traders once met the former head of the company, Mark Karpeles. He peacefully walked down the street with a cup of frappuccino. The very fact that a man, who was directly accused by many people of what had happened, was walking around peacefully with a glass of hipster coffee without thinking or doing anything to improve the situation, outraged the community. As a result, the jokes appeared that Karpeles will make refunds in frappuccinos, and the drink itself has become a symbol of impunity when it comes to exchange hacks.

#Memes
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Nominex Useful Links
The meme usually uses the image of the "golden man", an Indian who bought a three-kilogram gold shirt for $250,000. Unfortunately, his fate turned out to be dramatic.
Be careful with gold shirts.

#Memes
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Nominex Useful Links
How much have you already invested in cryptocurrencies? How big is your portfolio?
Anonymous Poll
7%
I only plan to invest
9%
< $100
11%
< $500
15%
< $1,000
23%
< $10,000
34%
more than $10,000
πŸ”· The difficulty of Bitcoin mining has increased by 4.7%.

πŸ”· The SHIB cryptocurrency is breaking records again. The number of its holders has increased by 30% in the last month, and the price has doubled.

πŸ”· The Seoul Metropolitan Government has announced its intention to become the first major city to create its own metaverse.

πŸ”· Elon Musk sold more than $1 billion shares of Tesla. Rumor has it that he is going to invest these funds in bitcoin.

πŸ”· Bitcoin leaps forward. On November 10, the price of the first cryptocurrency reached $69k, now it is $65k+. BTC turn bullish after recovery from Friday's low of $62.5K.

πŸ”· Barbados going to become first sovereign nation with an embassy in the metaverse

πŸ”· This year’s Crypto Literacy Survey found that men dominate cryptocurrency ownership over women in all three countries surveyed.

πŸ”· Russian Ministry of Interior Affairs rejects a request to help freeze crypto funds withdrawn from a Wex wallet.
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Nominex Useful Links
Barbados and South Korea on the VR front

β™Ύ Barbados will be the first nation in the world to open an embassy in the metaverse. This was announced on November 15 by the company Decentraland, which created one of the largest digital worlds.

Companies in VR will buy land, design virtual embassies, and consulates, and provide e-visas. Also, users will be able to communicate in this "matrix" using avatars.

The opening of the embassy is tentatively scheduled for January.

Also, the South Korean government intends to make Seoul the first major VR city. There, the authorities plan to receive citizens and hold cultural events.

πŸ”€ Seoul is not creating an entertainment project like VR playgrounds, but it is part of a South Korean plan to create new structures of the economy during a pandemic.

In the virtual city, visitors will communicate with officials through their avatars, receiving advice, which previously could only be done in the centers of the Seoul City Hall.
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Nominex Useful Resource
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Do you think the talk about embassies in the metaverse is an empty hype that will soon fizzle out, or virtual offices will really function in full force?
Anonymous Poll
38%
It's just rumors and hype
62%
It will work as it should
The Cosmos Network connects blockchains in the DeFi world. It creates the tools needed to move the functionality of decentralized finance to the next level.

The mission of the Cosmos is the ability of blockchains to exchange data with each other. It provides real, functional, and scalable interoperability across DeFi tools.

ATOM is the utility token of the Cosmos network. The tokens were introduced at the start of the main net. Having an ATOM gives the holder the ability to place bets and check blocks, vote on governance issues, and pay transaction fees.

⬇️ ATOM/BUSD #pair on Nominex:
https://nominex.io/markets/ATOM/BUSD
πŸ“ˆ The current altcoin chart resembles the situation at the end of 2017 when BTC rose sharply to $20 thousand.

There are analysts' opinions that the reasons for the rise in the price of ETH are related to the fact that there is a shortage of supply in the Ethereum network and only 11 % of the token emission is available to users.

Goldman Sachs once again supported Ethereum and said that the token could grow by 300 % ($16.8 thousand from current levels) by the end of 2021.

Today, the cost of Ethereum reaches $4.2 thousand. A week ago, it updated its historical maximum at around $4.87 thousand. After that, the price began to decline. Altcoin fell 11 % over the week.

How much do you think ETH will cost at the end of the year?

πŸ“Š Ethereum on Nominex:
https://nominex.io/markets/ETH/USDT
On Thursday, November 18th, our exchange will begin the final transfer of all existing currencies to the Binance Broker program.

We advise you to complete all transactions in advance in order to stay in the desired currencies during the move.

Enjoy trading with Nominex!