I can certify that this is a good exchange, I participated in their bounty campaign, my token reward coming from bounty are locked in Nominex for a year and they release a small portion daily, I can recommend this exchange based on my experience, they have a goods support and withdrawal always comes to my wallet on time, I just notice just this last 6 days that the value is going down when Bitcoin was going down NMX token is one of the tokens that was pumping.
Nominex (NMX)
₱197.88 -20.5%
0.00009523 BTC -25.9%
0.01197811 BNB -25.7%
Quite alarming for token holders like me on the positive side liquidity is still high.
But I am seeing opposite here, NMX's price going down as BTC's price is going up. We are already in the $41k level, so supposedly NMX price is going up also. But the price of NMX keeps on going down instead. So curious what is happening to this token? Is there some bad news from their end? Maybe it will go back to $1, which was their target value before. That's not very good for those who are farming this token.
There's no issue that I can think of that might harm the price, but the pump was the cause of the increased APY they have a promotion campaign for those who want to farm, and whales take the opportunity, but when the promo ended the prize started to drop, I cannot trade my stakes because it is locked, I was able to trade my remaining Nominex token that was released, to USDT to protect my profit, I just hope they will continue doing promo and marketing, they need to keep up ther exchange industry has stiff competition.