Why start Novaexchange account

Novaexchange exchange overview

Nova Exchange is cryptocurrency exchange platform based in Sweden. The company started its work in 2016. At first of offered only 3 basic digital coins (BTC, LTC, Aricoin) like other cryptocurrency venues such as Bitmaszyna, LEOxChange, but with time their number has considerably increased. Now it offers a big diversity of altcoins, which include small market cap coins as well. It is hard to find some rare altcoins presented there somewhere else.

Services

Only crypto-to-crypto trading pairs are offered on the site. Novaexchange currency list is quite extensive. Most crypto exchanges do not offer such selection of coins. In the middle of 2017, more than 230 altcoins were traded.
The platform does not accept fiats. NovaExchange does not offer leverage.

Policy

There are no any restrictions concerning its users. Person from any country of the world can open Novaexchange account. Verification is necessary on the exchange. The amount of withdrawal depends upon the level of verification.

The exchange does not spend anything on promotion. The strategy of Novaexchange is stable, consistent quality that provides constant inflow of new users to the site.

Fees

The place is known for its reasonable fees. The biggest fee is 0.2%. Usually, the platforms, specializing on rare coins, charge much more for the service.
There is no fee for depositing crypto. The service does not accept banking card payment. There is no possibility to make transfer in fiats.
The only fee charged on the site is commission for transaction.

Using Novaexchange you can add coin to the list of your tokens, but it costs money. Person has to pay 1 BTC to add own coin in the listing of the platform.

Functionality

The exchange has a nice interface with convenient and clear charting. However, the functionality is rather complicated and does not suit novices. The site is more suitable for advanced users because it is easy to make mistake in calculations and lose money.
If you look for the better exchange suitable for beginners, you’d better try other exchanges. Newbies in the world of crypto should look for other solutions but be careful at that. Some cryptos closed because their work was forbidden by the state such as Urdubit in Pakistan. The company returned funds to its users, but not all venues care about reputation after closure.

Security

You can register at Novaexchange without fear of being hacked as much attention is paid to security. Safety is provided with 2 factor authentication and security software protecting your account.

Support

The customer support is reliable and efficient. It reacts fast to all requests.

What to do to start trading

If everything satisfies you at Novaexchange, create an account to start trading. You will have to verify your email clicking on the link sent to you.  Sign up at Novaexchange and start the trading procedure.

If you still doubt if it is worth using the exchange, analyze its different parameters that are usually considered when choice is made such as Novaexchange coinmarketcap info, convenience of Novaexchange API and other features. Some users have mixed reactions about the service but there are many positive reviews as well.
If you look for other options, you can also try Coingi or Bitsaa.