Post
Topic
Board Service Announcements (Altcoins)
Re: 🚀 [EXCHANGE] Nominex.io [Zero Risk, Play Demo, Get 📈 1000 USDT daily]
by
NominexExchange
on 13/10/2020, 15:16:25 UTC
Yeah, very long process. I don't know investors will invest on their money for this much long time or not. Cause most of investors (specially early birds investors) invest on projects for earn some good profit after listing coin. Of course i know make a good quality project is not a easy task and it take some times. But this is much longer than expected. Hope project team have much interesting idea to attractive investors.

The trading fees are lower than Binance's if I am not mistaken. A lot of the purchases should come from traders who want to lower their fees. Plus, affiliates need NMX to advance in referral level to unlock higher tier bonuses.
In conclusion I don't think most of the funds contributed will come from speculation (although it is very enticing), but from the actual use-case of the token.

I just hope that the exchange operations can be sustained from the generated volume. Currently they are generating around $1M/day which should translate (with an average of 0.02% fee/trade) into $200/day = $6000/month. I'm sure the volume will increase once trading bots/APIs are introduced + the futures.

By the way, we have a lot of activities: for example daily demo and real tournaments, where you can win USDT and NMX for free. You can fully pay with won NMX for trading comission and, in that way, won't pay for comission on the Nominex exchange.