NovaDAX charges a 0.25% maker fee for P2P trading in the spot market, which goes as low as 0.015% in higher VIP levels.
The same fee applies for directly buying/selling 640+ cryptocurrencies on the platform.

NovaDAX Information and Regulation
NovaDAX is a cryptocurrency exchange founded on March 21, 2018 and based in São Paulo, Brazil. Key Details:
- Trading Volume: R$11B+ in 24 hours
- Legal name: NovaDAX Brasil Pagamentos Ltda
- Sub-organization of: Abakus Group
- Address: Rua Frei Caneca, 1246, 4th floor - 01307-908, São Paulo
NovaDAX Specifications Summary
Like other reviews on best crypto exchanges, in this section we provide a table summarizing the platform's specifications:
Exchange | NovaDAX |
Launch Date | 2018 |
Levels | N/A |
Trading Fees | From 0.25% Down To 0.015% |
Restricted Countries | Iran, North Korea, Cuba, Iraq, etc. |
Supported Coins | 640+ |
Futures Trading | None |
Minimum Deposit | 0.0005 BTC |
Deposit Methods | Pix, Crypto |
Withdrawal Methods | Pix, Crypto |
Maximum Leverage | 1x |
Minimum Trade Amount | Varies |
Security Factors | 2FA, SSL A+ Certification, Cold Wallet, VQF License, Anti-DDoS Attack system |
Services | Staking |
Customer Support Ways | Email, Ticket, Live Chat |
Customer Support Hours | N/A |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | N/A |
Native Token | None |
Benefits and Drawbacks
Trading with this exchange comes with its own positives and negatives. The table below mentions them side-by-side:
Benefits | Drawbacks |
Large Selection of Cryptocurrencies | Unresponsive Support |
Fee Discount for High-Volume Traders | No Future Trading |
High Level of Security | - |
User Levels
The company's website does not provide any specific information regarding this matter. We also tried to contact support, but never received any answer.
Commissions and Costs in Working With NovaDAX
The exchange's trading fees are mediocre at first, but it goes lower as you level up. Here is an overview of the tier system:
Level | Buy/Sell | Maker | Taker |
VIP0 | 0.25% | 0.25% | 0.5% |
VIP1 | 0.21% | 0.21% | 0.5% |
VIP2 | 0.19% | 0.2% | 0.5% |
VIP3 | 0.17% | 0.19% | 0.48% |
VIP4 | 0.15% | 0.17% | 0.46% |
VIP5 | 0.12% | 0.15% | 0.43% |
VIP6 | 0.1% | 0.12% | 0.39% |
VIP7 | 0.08% | 0.08% | 0.35% |
VIP8 | 0.05% | 0.05% | 0.3% |
VIP9 | 0.03% | 0.03% | 0.2% |
VIP10 | 0.015% | 0.015% | 0.1% |
Surprisingly, the exchange does not reveal any detail about each level's conditions. Even the support team did not return any answer. Regarding other costs:
- Fiat Deposits/Withdrawals: No fees
- Crypto Withdrawals: Variable fees depending on the cryptocurrency
You can use a crypto profit/loss calculator tool to predict a trade's outcome based on fees.
How Many Tradable Assets Are Provided?
With over 640 cryptocurrencies available for trading, NovaDAX offers one of the most extensive selections in the market. The assets are from these categories:
- Layer1/Layer2
- DeFi
- Metaverse
- Gaming
- Fan Token
- Storage
- PoS
- PoW
- Infrastructure
- Stablecoin
- And more
Are Any Futures/Margin Trading Features Offered?
Unfortunately, NovaDAX does not currently offer futures market or margin trading. The exchange focuses solely on spot trading, which may be a drawback for more advanced traders looking for leveraged positions or hedging opportunities.
Registration And Verification On NovaDAX Guide
The NovaDAX registration process is quick and secure. Just follow these three steps to create and verify your account.
#1 Visit the Official NovaDAX Signup Page
Go to the NovaDAX website and click “Open an Account”.
Select your country of residence and provide a valid email address to start the process.

#2 Confirm Your Email Address
NovaDAX sends a one-time verification code to your inbox.
Copy and paste it into the signup form to activate your account.

#3 Create a Secure Password
Set a strong password using uppercase, lowercase, numbers, and special characters.
Accept NovaDAX’s Terms & Conditions before continuing.

#4 Choose Your Account Type
Select between Individual or Institutional accounts.
If prompted, disclose political exposure as required under international KYC regulations.

#5 Verify Your Identity
By accessing your Profile, go to the KYC/Verification section and upload a government-issued ID and, if required, proof of address.
Note: Verification is only available in supported countries, so check your eligibility before proceeding.
NovaDAX Trading Guide
To start trading on NovaDAX, create and verify your account, then fund it with fiat currency or a cryptocurrency. Head to the “Comprar e Vender” (Buy and Sell) panel, pick your preferred digital asset, and set your trade size.
You can opt for instant execution through “Compra/Venda Imediata” or take advantage of advanced tools such as limit and stop-limit orders for precision trading.
Trading Terminal Applications and Software
NovaDAX enables access to its platform via web and mobile applications (Android & iOS). The platform has integrated the chart offered by Trading View, a popular trading website for technical analysis, and offers the same drawing tools, objects, and indicators found on the mentioned website.
Access the NovaDAX terminal via the links below:

NovaDAX Exchange Trading Volume
Over the last three months, NovaDAX has experienced a noticeable decline in trading activity. Daily volumes frequently ranged between $20M and $40M in July, with multiple sharp peaks above $40M, signaling strong trader participation.
In August, volumes showed increased volatility, with several surges above $30M but also deeper drops closer to $15M, reflecting mixed sentiment and reduced liquidity.
By September, a gradual downtrend became evident, with most days staying under $20M and ending the month near $10M, one of the lowest points in the 90-day period.

This trend suggests that market participants may be adopting a more cautious stance, potentially due to lower volatility in crypto markets or external macroeconomic factors. For active traders, this lower liquidity could mean wider spreads and more slippage during large orders.
NovaDAX Services Review
In this section, we will mention all of the services offered by the reviewed exchange:
Service | Availability |
TradingView Integration | Yes |
Auto Trading (Bots) | No |
API Access | Yes |
P2P Trading | Yes |
OTC Trading | Yes |
No | |
Launchpad | No |
NFT Marketplace | No |
Referral Program | Yes |
DEX Trading | No |
Auto-Invest (Recurring Buy) | No |
How Secure is NovaDAX?
The platform has stated these measures as its security factors on its website:
- Two-factor authentication (2FA)
- SSL A+ certification for secure data transmission
- Cold crypto wallet storage for the majority of user funds
- Anti-DDoS Attack system to prevent service disruptions
- Swiss VQF license
To date, NovaDAX has not reported any major security incidents, which is a positive sign.
NovaDAX Security Rankings
The platform has been ranked with medicore and relatively low ratings and scores by CER.live and Certik Skynet, two of the reputable sources in this regard:
- NovaDAX Certik Skynet: 79.75/100, BBB, 42th most secure crypto exchange

- NovaDAX CER.live: 33/100, DDD, 116th best exchange in terms of security

The table here digs into the details and numbers of the mentioned ratings and evaluations:
Category | Metric | Value |
CertiK Skynet Score | Overall Score | 79.75 / 100 (BBB) |
Operational | 91.88 | |
Market | 84.67 | |
Cybersecurity | 90.32 | |
Fundamental | 58.97 | |
Listing Security | 86.35 | |
Community | 68.46 | |
CER.live Security Score | Overall Score | 33% (DDD) |
Server Security | 85/100 | |
User Security | 82/100 | |
Penetration Tests | 0/100 | |
Bug Bounty | 50/100 | |
ISO 27001 | No | |
CCSS | No | |
Funds Insurance | No |
Available Payment Options for Users
NovaDAX offers 2 options for making deposits/withdrawals on the platform:
- Pix (instant Brazilian payment system) for the Brazilian Real
- Blockchain crypto transactions
It's important to note that the only accepted fiat currency is the R$.
Trust Scores and Evaluations of NovaDAX
In this section of the review, we will go through NovaDAX's score on ScamAdviser, Trustpilot, and CoinGecko:
- NovaDAX Trustpilot: 4.2/5 stars (based on 7 user reviews)

- ScamAdviser: 100/100 Trustscore

- CoinGecko: 4/10
While the number of user reviews is too low, the trust score given by ScamAdviser could indicate the platform's reliability. However, the low rating given by the CoinGecko website could be worrying for some traders.
NovaDax Features
Let's check the availability of the advanced features in the platform:
Staking | Yes |
Yield Farming | No |
No | |
Liquidity Pool | No |
Crypto Cards | No |
NovaDAX Exchange Bonus
The crypto trading platform offers a total of four promotional offers to its traders. You can see the specifics in the table below:
Bonus Type | Condition/Details | Bonus Amount (within 48h) | Bonus Amount (48h – 30d) | Extra Notes |
Registration Promotion | Complete NovaDAX registration | R$5 | – | Instantly credited to the user account; can be used to explore platform features and trade risk-free |
First Deposit Bonus | R$10 ≤ Vol. < R$1,000 | R$2 | R$1 | Deposits can be made in BRL or crypto; bonus credited instantly based on crypto rate |
R$1,000 ≤ Vol. < R$20,000 | R$4 | R$2 | ||
Vol. ≥ R$20,000 | R$10 | R$5 | ||
Trading Bonus | R$10 ≤ Vol. < R$1,000 | R$2 | R$1 | Total trading volume within the first 30 days is calculated; trades in first 48h receive double bonus |
R$1,000 ≤ Vol. < R$10,000 | R$4 | R$2 | ||
R$10,000 ≤ Vol. < R$200,000 | R$40 | R$20 | ||
R$200,000 ≤ Vol. < R$1,000,000 | R$200 | R$100 | ||
Vol. ≥ R$1,000,000 | R$600 | R$300 | Bonus is credited within 7 working days after task completion | |
Referral Program | Invite Friends + Their First Deposit | Up to R$25 (for both inviter and invitee) | – | Bonus amount depends on invitee’s Nova VIP level and deposit size; users who register via invite link are not eligible for “Newcomer Exclusive Benefits” campaign |
Registration Promotion
NovaDAX rewards new users with a quick and easy incentive. Once you complete the registration process, you instantly receive a R$5 welcome bonus credited to your account.
This bonus can be used to explore the exchange’s features, trade digital assets, and experience the platform risk-free.
First Deposit Bonus
NovaDAX offers an attractive first deposit bonus based on both the amount you deposit and when you deposit. If you deposit within the first 48 hours after registration, your bonus will be doubled.
Deposits made between 48 hours and 30 days still qualify but receive a smaller reward. Here are the details:
Deposit Volume | Bonus (within 48h) | Bonus (48h – 30d) |
R$10 ≤ Vol. < R$1,000 | R$2 | R$1 |
R$1,000 ≤ Vol. < R$20,000 | R$4 | R$2 |
Vol. ≥ R$20,000 | R$10 | R$5 |
Participants can deposit in BRL or cryptocurrency, and the bonus is credited instantly to their bonus account based on the crypto rate at the time of deposit.

Trading Bonus
NovaDAX rewards users for actively trading within the first 30 days after registration. The total trading volume across all listed coins is calculated, and the bonus amount is determined based on the traded volume.
Trades made within the first 48 hours earn double bonuses, giving traders a chance to maximize their rewards early on.
Trading Volume | Bonus (within 48h) | Bonus (48h – 30d) |
R$10 ≤ Vol. < R$1,000 | R$2 | R$1 |
R$1,000 ≤ Vol. < R$10,000 | R$4 | R$2 |
R$10,000 ≤ Vol. < R$200,000 | R$40 | R$20 |
R$200,000 ≤ Vol. < R$1,000,000 | R$200 | R$100 |
Vol. ≥ R$1,000,000 | R$600 | R$300 |
Bonuses are credited to the Bonus Account within seven working days after the trading task is completed. This allows traders to reinvest their rewards and enjoy more trading opportunities.

Referral Program
NovaDAX lets you earn rewards by inviting friends to join the exchange. When your invited friend registers and makes their first deposit, both you and your friend receive a bonus of up to R$25, credited directly to your Bonus Accounts.
The exact amount depends on the invited user’s Nova VIP level and the size of their first deposit.
Important Notes:
- The bonus balance is not included in your total asset calculation;
- Users who register via invite code or link are not eligible for the “Newcomer Exclusive Benefits” campaign;
- After your first deposit, the invitation bonus will be credited to your Bonus Account.

Customer Support Channels and Schedule
NovaDAX offers 3 methods for reaching the customer support team. Contact Information:
- Ticket: Submittable on the website
- Email: suporte@novadax.com
- Live Chat: Accessible via the website
Unfortunately, the company does not provide any data regarding the support department's working hours.
Are Any Copy Trading or Other Investment Options Provided?
Currently, NovaDAX does not offer copy trading functionality. However, it provides a staking service that yields up to 7% return on your crypto balance. These coins/tokens are available for staking on NovaDAX:
- Bitcoin
- Ethereum
- USDT
- BNB
The platform claims that there are no fees related to this investment method. Also, users can always redeem their balance without losing the accrued interest.
NovaDAX Exchange Restricted Countries
This company has restricted its services to select countries in the world because of international regulations, local laws, or other reasons. While no explicit list is available, these countries are banned based on our investigations:
- Iran
- North Korea
- Cuba
- Afghanistan
- Libya
- Lebanon
- United States
- Iraq
- And more

NovaDax Comparison Table
Let's take a look at the NovaDax features in comparison with other platforms; NovaDax Comparison:
Features | NovaDax Exchange | Bitget Exchange | MEXC Exchange | BingX Exchange |
Number of Assets | 635+ | 10000+ | 2800+ | 800+ |
Maximum Leverage | 1:1 | 1:125 | 1:200 | 1:125 |
Minimum Deposit | 0.0005 BTC | $15 | $1 | $1 |
Spot Maker Fee | From 0.0150% | 0.10% | 0.05% | 0.005% - 0.1% |
Spot Taker Fee | From 0.1000% | 0.10% | 0.05% | 0.02% - 0.1% |
Mandatory KYC | Yes | Yes | Yes | Yes |
Futures Trading | No | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | Yes | Yes | Yes |
Staking | Yes | Yes | Yes | Yes |
Copy Trading | No | Yes | Yes | Yes |
Writer's Opinion And Conclusion
NovaDAX uses an anti-DDoS attack system to maintain the platform's operations smoothly.
The company's website has an SSL A+ certification. On the other hand, CoinGecko has given the exchange a 4/10 "Trust Score".