Nominex exchange has been developed for more than 2 years. At the moment of the development, the main goal was to create a new-gen exchange, which was compatible with any kind of system load, fully secure, user-friendly and has a remarkable amount of unique features..
By default, if the users hold NMX in their account, their trading fees will be automatically subtracted from their NMX balance. Using NMX for transaction fees applies a 50% discount to the users' trading fee during the first year. Levels are determined based on trading volume over a 30-day period (in USDT) and NMX balance. Referral levels are determined based on the number of cycles over a 2-week period. At 00:00 AM (UTC) every day, the users' trading volume over the past 30-day period and their current NMX balance are evaluated. The users' Tier level and corresponding maker/taker fees are updated one hour later. See the official <a href="https://nominex.io/fees/" target="_blank">fee table</a> for the full variety of VIP levels and different fee options.
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