Another Exchange Closed?

[David84 1191]

There are many exchanges and most of them are fake and this is so unfortunate, some exchanges invite you to join them with the claim of getting free airdrops or coins and when you join and ask to get your gift they demand to deposit some money in your account and to provide a KYC, this is a terrible form of cheating and I think that such exchanges should be closed. 

[AdCoins135 37]

We need to be careful of the exchange we use, we should use good ones like binance, yobit, bittrex and such that can not be closed. Like binance will not even be closed if there is hack unlike many exchanges that will be closed. 

[teebasas 3018]

I have not heard of this platform before, but it is good to announce in advance that the platform will be closed so that members can withdraw their money before closing and so that it is not considered a fraud.

[Waseem jabbar 185]

Actually i am new member and i don't know about it . But i think crypto currency market is very large market in the world. So please give me information about it .

[Kibe 352]

We should be careful of exchange to use because some of this exchange use to close unexpectedly but exchange like yobit are always good doing exchange,and easier to learner's and new investors, thanks.

[Kangalo 227]

There are many ways of exchange but for me the one I know and have knowledge on is the yobit system of exchange. Which is very self for me so far that I join the cryptocurrency forum. Thanks.

[guatazoo 7150]

On 10/7/2019 at 7:56 PM, teminalibug said:

Thinking about it, these exchanges might be making serious profit so why would anybody decide to close a business like that, that's very weird!!!!! 🤨

When the exchange got closed there have some factors on it, others might be hacked, other might be closed due to government regulations, and other might be closed in order to run with the investors money. 

[Ayinlek 42]

On 10/7/2019 at 5:45 PM, Danity said:

I just visit novaexchange and i found that website will be closed 

the trading activity will be closed on 7 October 2019 and you have time to withdraw until 28 january 2020

you can read all the details here https://novaexchange.com/news/

This is really bad. But it's somehow relieving in the sense that they allow people to withdraw their fund before doing so. It's better that way that they announced to people.

[Cleaner 2549]

I checked the exchange site.  They have stopped trading.  Their exchange site was not hacked and they did not  any fraud.  So those who have funds will be able to withdraw.They have shown a fixed amount fee for withdrawal

[Shadi29 871]

Dear members, the stock exchange may have been closed due to the decrease in profits, which is no longer appropriate, as well as the large number of fraudsters and the increase in penetration of trading platforms and withdrawal and trading fees have become very high and do not give the desired profits so they decided to close

[ItxAiza 222]

On 10/7/2019 at 9:45 PM, Danity said:

I just visit novaexchange and i found that website will be closed 

the trading activity will be closed on 7 October 2019 and you have time to withdraw until 28 january 2020

you can read all the details here https://novaexchange.com/news/

Dear I am not using the nova exchange. And I do not use it ever because I am using the yobit exchange. Thank you for your information and I hate those exchanges which are off for some days. Because people face a lot of difficulties when they are closed.

[Alan Johns 258]

I haven't read about this exchange site as I think it has been closed a long time ago. I think the reason for closing of an exchange site could be that it fail to get popularity and the required users to run the site.

[Ahmad 12345 71]

 It is very unpleasant to watch when exchanges close and retire, I want the opposite to develop, but unfortunately there are too many rivals in this field.

[alikhan59 542]

That’s sound fishy, it’s not profitable or there are just few person or people that trade in that website because exchange really good earning but it will not profitable if no user.