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NAGAX Review: Crypto Social Trading Platform With Some Unique Features

NAGAX Review: Crypto Social Trading Platform With Some Unique Features thumbnail
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Launched by NAGA Group AG, a number one multi-asset neo dealer, NAGAX is a cryptocurrency trade specializing in bringing crypto into the social buying and selling area.

The platform permits learners and specialists to share content material and commerce info via a ‘News Feed’, they purpose to mix social media and crypto buying and selling with a novel platform, right here’s our full overview.

What Is NAGAX?

  • In easy phrases, it’s an internet social buying and selling platform for not solely shopping for among the main digital belongings like Bitcoin, Ethereum, XRP, or Litecoin but in addition promoting, transferring, storing, and buying and selling cryptocurrency different belongings.
  • Social buying and selling platforms are merely like social networks for merchants which act as a dealer and permit customers to buy varied belongings, CFDs, ETFs, and cryptocurrencies.
  • Unlike common buying and selling platforms, social buying and selling platforms permit customers to attach with different merchants buying and selling the identical markets or items, copy their actions, share and focus on analyses and predictions, or ask questions.
  • Investors can observe the buying and selling conduct of different extra skilled ones and observe their funding methods.

Visit Nagax

NAGAX Crypto Wallet

NAGAX presents a crypto pockets with low switch charges and safety measures permitting secured storage and trade of over 100 belongings, derivatives buying and selling, in addition to entry to high quality, free, and simply digestible instructional content material.

As part of NAGA Group AG, the platform presents help for the NAGA Coin (NGC). Therefore, NAGAX customers can obtain many advantages inside the NAGA ecosystem in the event that they use NGC to pay for buying and selling charges.

Today, Web 3.0 is on the rise as the brand new type of web, a decentralized ecosystem that’s faraway from central management and focuses extra on group, creators, content material, and crypto.

Many tasks are getting into the way forward for Web 3.0 and NAGAX can be a Web 3.0 social buying and selling cryptocurrency trade for in-built NFT market and crypto-staking.

If you’re proper to start with part of your cryptocurrency profession, let’s have a look to search out how social buying and selling platforms like NAGAX are a wonderful manner so that you can put money into your cryptocurrency.

NAGAX Features

Currently, the primary options that the platform is providing to cryptocurrency buyers and merchants embrace:

  • Support each fiat and cryptocurrency deposit strategies: NAGAX customers can deposit funds to their accounts via fiat or crypto with help for 2 fiat currencies: the US Dollar and the Euro.
  • Intuitive interface: NAGAX’s interface is from NAGA Exchange, a seamless and beginner-friendly UI that has been tried, tweaked, and examined over years.
  • Highly safe: The platform makes use of bank-grade safety to guard its infrastructure and retains buyer belongings in chilly storage. Users may also arrange 2FA measures to strengthen the security of their accounts.
  • Low buying and selling charges: The charges paid are depending on the quantity of NGC tokens held inside the trade pockets. In that, customers with bigger holdings will get greater reductions awarded.
  • Support varies belongings and nations: NAGAX customers can entry greater than 80 cryptocurrencies from over 150 nations.
  • Comply with laws: NAGAX not solely complies with international monetary requirements concerning AML (Anti-Money Laundering), CFT (Counter-Terrorism Financing), and Proliferation Financing (“PF”) dangers but in addition Estonia’s native laws to make sure that it operates totally inside the legal guidelines.

In addition, different extra unique options are additionally attention-grabbing to buyers together with:

  • NAGAX Academy the place learners and specialists can be taught new issues and experiences with out having to go to completely different web sites that probably interrupts their buying and selling actions.
  • News Feed, a default residence display of NAGAX, features a column of stories feed which is related to actions shared by NAGAX customers and different info from the cryptocurrency trade.
  • Affordable price: Compared with main blockchains equivalent to Bitcoin and Ethereum, NAGAX supplies its amenities to customers at extraordinarily low charges, with as much as 87.5% transaction payment financial savings.
  • Powerful pockets providers: Being a centralized cryptocurrency trade, NAGAX’s crypto pockets providers permit customers to retailer their belongings safely on the platform for gratis. To forestall theft, customers’ funds are saved protected inside offline wallets and personal keys are additionally encrypted.

NAGAX Products

Like any deeply useful buying and selling platform, NAGAX has a great deal of options for its purchasers.

Cryptocurrency Spot Trading

One of the primary merchandise on NAGAX is cryptocurrency spot buying and selling which permits customers to purchase, promote, and commerce between greater than 50 pairs of supported belongings.

With the NAGAX buying and selling interface, varied order varieties are provided together with restrict purchase and promote orders, market buys and sells orders, stop-limit orders, cease market orders, and trailing cease market orders.

These orders might help merchants to create a greater variety of buying and selling methods in keeping with their targets.

Social Trading

This is without doubt one of the finest characteristic provided by NAGA. As worthwhile investing or investing in digital belongings often requires distinctive perception, luck, and expertise.

In that, most learners make quite a few expensive errors. NAGAX presents the social buying and selling characteristic borrowed from NAGA permitting customers to share buying and selling methods, strategies, and related data.

The ‘News Feed’ may be uploaded a lot in regards to the crypto world whereas the social media-like construction is a spot the place professional and newbie merchants can join.

In the identical manner, social media platforms work, customers can observe their favourite merchants via the Feed characteristic on the homepage during which they will touch upon posts, ask questions, react and even reshare onto their timelines.

There are two sorts of posts displayed on the “Feed News” together with consumer posts, that are posted by customers inside the NAGAX group, and crypto information posts, that are information gadgets collected from well-liked crypto-focused media web sites.

In addition, one other a part of the NAGAX social buying and selling characteristic is its copy buying and selling characteristic. This characteristic will cut back the possibilities of buyers making errors.

There is a provision to monetize the specialists. Experts are capable of monetize their feed by requiring subscribers to pay earlier than viewing shared posts. This is a technique of monetizing data for knowledgeable ones.

The subscribers of the specialists’ portfolios will probably be required to pay for utilizing the posts to repeat outright buying and selling suggestions that may be certain that the receiver is following the professional’s buying and selling strikes or modifying the tricks to swimsuit the merchants’ wants, targets, and threat elements.

Crypto Wallet

The platform presents a hosted cryptocurrency pockets coming together with the help of greater than 20 blockchains and 1000’s of tokens.

However, not all belongings saved inside the pockets may be traded as a result of the platform might not help them as buying and selling pairs. Therefore, customers can solely deposit, retailer, and withdraw the accessible belongings.

By holding non-public keys safe via a mixture of MPC (Multi-Party Computation), offline storage, and encryption, the crypto pockets of NAGAX turns into safe and straightforward to make use of for even learners.

NAGAX’s pockets is built-in with different providers together with the buying and selling and brokerage options.

As a consequence, customers are capable of simply entry buying and selling funds via the pockets, and cryptocurrency bought via the dealer is routinely saved inside the pockets as properly.

Cryptocurrency Brokerage

This characteristic permits NAGAX to behave as a intermediary connecting patrons and sellers.

NAGAX helps shopping for and promoting of the main cryptocurrencies equivalent to Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) via different digital belongings or a fee card equivalent to a Visa and MasterCard.

To purchase crypto utilizing crypto, NAGAX helps deposits in a lot of the widespread cryptocurrencies.


NAGAX is quickly to launch this product for NFT creators and collectors. As such, NFT merchants are capable of purchase, promote and create distinctive NFTs with out altering the platform each time they need to view {the marketplace}.

The platform is ready to act as a particular NFT market the place NFTs may be purchased, offered, and traded.

The NAGAX NFT will probably be constructed on the Ethereum blockchain so that each NFT may be traded, shared, withdrawn on NAGAX, and minted on the ETH chain.

In addition, artists are going to additionally create digital storefronts to showcase their artwork, their very own collections, or these they’ve purchased from {the marketplace}.

NAGAX at present is supporting a Creator Fund or assortment launchpad via which it guarantees to supply 100K {dollars} as prize cash for advertising collections.


NAGA Coin (NGC), an ERC-20 token constructed on the Ethereum community, is the native token of the NAGAX platform.

As talked about, NGC holders will take pleasure in a number of perks in the event that they use NGC inside the NAGA atmosphere. NGC holders should purchase and hold their tokens over the long run for hypothesis or declare buying and selling reductions.

As such, not solely can merchants purchase, promote, or commerce NGC for revenue on the platform, but in addition use the token to pay buying and selling charges and to say reductions relying on the variety of tokens of their wallets.

NAGAX Academy

The NAGAX Academy is without doubt one of the steps in making the platform extra interactive.

As an academic and studying characteristic, it advantages the customers, particularly learners, in a manner that they will instantly confer with their doubts or questions with out having to disrupt their commerce actions.

In addition, there are completely different modules accessible within the NAGAX academy characteristic for customers to be taught.


Compared to different cryptocurrency trade platforms available in the market, charges on NAGAX are extra enticing. NAGAX prices three sorts of charges together with buying and selling charges, fiat deposit charges, and asset withdrawal charges.

Trading charges are charged primarily based on maker and taker. This payment is topic to reductions and reductions within the case of NGC token holders.

A bank card is a handy strategy to fund a consumer’s account attributable to quick settlement speeds, however the comfort usually comes at a price. NAGAX prices a 4.5% payment for credit score/debit card funds and 1% for financial institution transfers.

What makes it probably the most cost-effective methodology of funding a consumer’s account is the platform doesn’t cost any payment on cryptocurrency deposits.

However, you’ll have to pay community charges for every respective token when sending it over a blockchain community.

Meanwhile, withdrawal charges rely upon which asset you withdraw out of your account.

Who Should Use NAGAX?

It is straightforward to see that NAGAX is attracting merchants due to its social buying and selling characteristic.

Beginners particularly want these options to be taught and observe together with professional buyers’ buying and selling methods. It permits customers to repeat and duplicate the trades to their portfolio in addition to use these shared methods as a foundation for creating their very own ones.

Moreover, specialists can also acquire from passive revenue along with assembly like-minded individuals on the platform for enhancing their expertise by studying from others.

Also, the safety of NAGAX appears to be top-notch.

As talked about, the platform makes use of multiparty computation for storing oriented keys and secures your offline wallets via the {hardware} isolation methodology. It additionally complies with International in addition to native legal guidelines.

Users can strengthen safety via the two-factor authentication system and robust passwords.

The relation to the NAGA Group AG, an current and established brokerage, with a big, vibrant group and free schooling, additionally makes NAGAX a dependable platform available in the market.

The NAGA Group AG was the fastest-growing neo-brokers with a market valuation of 400 million {dollars} and 55 million euros generated as income. In addition, it processed round 250 billion Euros in quantity and 10 million transactions up to now yr.


Most merchants had misplaced cash for weeks, months, and even years earlier than they lastly turned in income. Therefore, one sensible strategy to method investing is to have somebody coach you.

A mentor, a pal, a coach, or anybody else with the related expertise might help you to scale back costly trial and error experiments. That can be why you want a social buying and selling platform.

It is invaluable when you may entry among the finest info round cryptocurrency buying and selling to start with and meet people who find themselves actively implementing their very own methods you can be taught from.

NAGAX is just not solely a social crypto buying and selling trade but in addition a brokerage, NFT market, and a crypto pockets that’s handy for crypto learners.

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