Is this text in the T&C new? I guess it's just to cover themselves in the event of something going wrong, but it does sound kind of arbitrary.
BETA Notice
Novaexchange is currently in BETA mode in production mode until further notice. The BETA tag will be removed once all known bugs are fixed and no new bugs encountered for a period of 3 weeks. While BETA tag applies things can go wrong and Novaexchange will in timely matter help the user to restore (if any) digital currencies. A trade that has gone wrong can be reversed during 48 hours of the timestamp of the trade and only as long as the currency remain on Novaexchange, once withdrawn or 48 hours has passed that transaction cannot be reversed.
So all trades are final........ unless the counterparty still has funds in their account.
BETA Notice
Novaexchange is currently in BETA mode in production mode until further notice. The BETA tag will be removed once all known bugs are fixed and no new bugs encountered for a period of 3 weeks. While BETA tag applies things can go wrong and Novaexchange will in timely matter help the user to restore (if any) digital currencies. A trade that has gone wrong can be reversed during 48 hours of the timestamp of the trade and only as long as the currency remain on Novaexchange, once withdrawn or 48 hours has passed that transaction cannot be reversed.
So all trades are final........ unless the counterparty still has funds in their account.
So, if their trade engine screws up and incorrectly matches orders, causing you to lose money and someone else to gain money..... they won't compensate you if the other person withdrew the funds?
That's scary. I don't usually bother reading T&Cs on these small altcoin exchanges, so thanks for pointing this out.
wonder why they locked official thread?
Did some research, spoke with people in their trollbox, and others people behind that place. It doesn't looks good at all.
Major concern is that they blocking withdrawals by not sending email to confirm transaction.
Mods in trolbox as the answer telling to look in explorer, but there is no tx as transaction is not made - so nothing to find there, are they stupid or they try make others...?
they also telling to cancel transaction, and try again - but this way not helping, you can do it 100x if you like to lol
Did some research, spoke with people in their trollbox, and others people behind that place. It doesn't looks good at all.
Major concern is that they blocking withdrawals by not sending email to confirm transaction.
Mods in trolbox as the answer telling to look in explorer, but there is no tx as transaction is not made - so nothing to find there, are they stupid or they try make others...?
they also telling to cancel transaction, and try again - but this way not helping, you can do it 100x if you like to lol
I was looking into which altcoin exchanges to use.... I'll definitely be staying away from Nova. Any other exchanges you can recommend for non-KYC altcoin exchanges?