Review of Nobitex Exchange Services and Features

One of the strengths of a crypto exchange is the variety of cryptocurrencies that can be traded on it. Reviewing Nobitex's list of coins, we found that, in order to hold a significant share of this market and attract more traders, the exchange offers everything from Tether, Bitcoin and TRON to Ripple, Shiba and … for trading. The cryptocurrencies on Nobitex that are traded spot and on margin against Toman and Tether are as follows:

Tether, Bitcoin, Ethereum, TRON, Binance Coin, Ripple, Shiba, Stellar, Stellar, Cardano, Polkadot, Uniswap, Chainlink, Dogecoin and …

You can view the Tether rate on Nobitex, the Ripple price on Nobitex, the Cardano price and, in general, the live prices of cryptocurrencies on Nobitex in the exchange's panel.

The Nobitex exchange, aiming to stay ahead in the competitive space among exchanges, offers Iranian traders a range of services, such as the Nobitex currency calculator, various Nobitex charts and graphs for analysis, the staking pool, and ….

Regarding Nobitex crypto signal services, our review shows that this exchange does not directly offer a service called «Nobitex free crypto signals»; rather, a group of traders operate under these titles on social networks such as Telegram, and these activities are not directly approved or rejected by our team or the Nobitex team.

Below, we look at Nobitex's most important core services for crypto trading.

 

Nobitex Crypto Calculator

The Nobitex crypto calculator shows you how much of another cryptocurrency any amount of your chosen cryptocurrency is equivalent to. The Nobitex calculator also shows you the dollar and Toman value so you can make accurate calculations when trading. However, our review shows that the last update of this calculator was 6 months before this article was written.

 

Nobitex Charts and Graphs

In the Nobitex trading panel, various charts and graphs are available to the trader. These charts include the following:

• The Nobitex chart includes the Nobitex Tether-to-Toman chart and shows price changes in Toman.
• The Nobitex Tether chart, which covers the global chart of the currencies on the Nobitex exchange.
• The Nobitex market depth chart also shows the price and volume of buying and selling cryptocurrencies such as Bitcoin on Nobitex. With this chart, you can better determine your buy and sell positions.
• The Nobitex market map, which shows you price, trading value and changes over 24 hours.
  
  

On the trading side, Nobitex's trading services are noteworthy. Instant trading, competitive fees and risk-free trading on Nobitex with a demo account are the features we review below.

 

Instant trading and trading fees on Nobitex

To make instant trades, you first need to sign up on Nobitex. Your personal dashboard has an "Easy Buy" option where, by entering the requested amounts, you can quickly complete your purchase or sale as needed. At the time of writing, Nobitex Easy Buy was disabled due to a problem with the price estimation system.

The trading fees shown in the personal dashboard at the time of our review were as follows:

	Toman market	Tether market
Sell (Maker)	0.25%	0.1%
Buy (Taker)	0.25%	0.13%

 

 

 

 

 

 

 

Demo account and risk-free trading on Nobitex

The demo account and risk-free trading on Nobitex are available through the domain testnet.nobitex.ir. Based on our review, there was no button or section on the main Nobitex website that takes you directly to this domain. In the demo account, you first need to open an account and then top up your wallet within your demo account. This way you can try out the Nobitex user interface on a trial basis and test your trading strategy.

In addition to Nobitex's core and trading services, this exchange offers Iranian traders other complementary features that make it a reliable choice for traders. A digital wallet, deposit bonuses at Nobitex, VIP accounts and customer loyalty are among these Nobitex features and benefits, which we discuss below.

 

Nobitex Digital Wallet and Its Features

Nobitex makes its digital wallet available to users in its dedicated dashboard. One feature of this wallet is that it displays Nobitex spot and margin trades in Iranian Rial and Tether. In this wallet, you can see your profit and loss for the past day, along with the ability to deposit, withdraw and convert cryptocurrencies on Nobitex. Keep in mind that to use the Nobitex digital wallet, you must register on this exchange.

 

Deposit Bonuses at Nobitex

According to our inquiry with Nobitex support, at the time of writing, deposit bonuses at Nobitex were inactive. It also had no active plans or discounts to offer its users.

 

Nobitex VIP Account and Its Benefits

User tiers are based on the trader's trading volume and affect the fee rate. In addition to the base level, this exchange has 6 VIP levels (7 levels in total), starting from VIP 1 with a trading volume of 100 million Toman in 30 days and going up to VIP 6 with a trading volume of more than 80 billion Toman. For more information, you can visit this program's dedicated page.

Nobitex Loyalty Rewards Program

Nobitex has set up the «Wealth Growth» plan as its loyalty rewards program. The «Nobitex Wealth Growth» product has been launched and allows users to earn rewards by holding their digital assets, without needing to trade actively. With a simple and transparent mechanism, this service provides an easier way to earn passive income from cryptocurrencies on Nobitex.

Nobitex offers educational resources to its users through a separate section called «Nobitex Mag». Support at the Iranian exchange Nobitex is also available via live chat or by submitting a ticket. Below, we look at the most important educational and support features of the Iranian exchange Nobitex.

 

Nobitex education and learning section (articles and guides)

Our review shows that, to help users get to know the exchange's services on the one hand and access crypto-related tutorials on the other, Nobitex has made two sections, «Guide» and «Mag», available in its website header. In the Guide section, in addition to learning how to get started, you can find information on identity verification, prices and fees, and FAQs. In Nobitex Mag, besides news related to the crypto space, you have access to analytical articles, tutorials on basic concepts and educational courses.

 

Nobitex cold wallet and the security of assets

According to our inquiry with Nobitex support, a large portion of users' assets is kept in cold (offline) wallets, which offer high security, and unauthorized access to these wallets is not possible. Therefore, it can be said that the security of assets at the Nobitex exchange is adequate.

Nobitex's platform features and user interface are designed so that traders can easily use it on various devices, including phones and tablets, on both Android and IOS operating systems. The web application version of the exchange Nobitex is also available.

The app supports trading cryptocurrencies such as Bitcoin, Ethereum, Tether and …, and it can be said to include all the features of the main website. The app offers 24-hour support to answer your questions in real time. Its user interface also makes trading as simple as possible.