NovaDAX Review 2026
Learn more about TU’s methodology
- ₿0.0005
- TradingView
- All popular cryptocurrencies, BRL, quick exchange service, exchange and OTC trading, internal points system with the possibility of reducing commission fees, modern level of data and funds protection
Our Evaluation of NovaDAX
Learn more about TU’s methodology
NovaDAX is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.89 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by NovaDAX clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The NovaDAX cryptocurrency exchange is widely known in the world market due to its comfortable functionality and large trading volumes. The trading terminal is intuitive; there are several unique solutions. The website works stably, offers a progressive system of discounts and cashback when paying for third-party purchases with a plastic card. The card is linked to an exchange account and can be used in online and offline stores. Low initial deposit, large limits. There is no leverage. The exchange operates officially following Brazilian financial laws.
How we tested NovaDAX
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at NovaDAX
The Brazilian NovaDAX exchange offers a fast exchange service for cryptocurrency-to-cryptocurrency and cryptocurrency-to-fiat exchange and OTC trading. Bitcoin (₿), Ethereum (Ξ), Tether (₮), OMG, EOS, other popular cryptocurrencies, and coins are traded on the site. Among fiats, you can find the Brazilian real (BRL) and euro. They can be used to replenish the account, trade (only BRL), and also exchange them for cryptocurrency. Investment decisions are represented by classic staking. There is a referral program with fixed payments in reals. The platform has implemented innovative proprietary solutions such as Bottrex and Vector, to automate trading and make it safer. The exchange uses the TradingView browser terminal and offers a mobile application. Standard commissions are market average but can be reduced to 0.21%/0.07% for taker/maker due to the point system.
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- a lot of cryptocurrencies and coins;
- it is possible to deposit in fiat in different ways, including bank cards;
- minimum deposit ₿0.0005, fees can be reduced due to the point system.
- there are special discounts and bonuses;
- passive earnings are represented by staking, there is a referral program, API, and bot trading;
- the exchange doesn’t set restrictions on trading strategies, limits on deposits/withdrawals are higher than the market average;
- high level of security, cloud storage, cold storage of users’ funds;
- prompt technical support that operates 24/7.
- no demo accounts, advanced training, or special solutions for novice traders;
- Some services and functions are not available for residents of other countries (not Brazil).
TU Expert Verdict
Chief Analytics Officer
NovaDAX provides access to trading 383 cryptocurrencies and several fiat currencies such as BRL and EUR on its web platform integrated with TradingView, as well as a mobile app. The exchange offers standard accounts without leverage, with a minimum deposit of ₿0.0005, and has a proprietary plastic card that enables purchases and cashback in both online and offline stores. NovaDAX enables staking, OTC trading, and an internal points system that reduces trading fees, while KYC verification and two-factor authentication add to its moderate security, supported by registration with Brazilian authorities.
A few disadvantages are the lack of Tier-1 regulation, unavailability in the U.S. and Germany, limited deposit methods with no support for bank card withdrawals, withdrawal fees, and the absence of demo accounts or advanced educational resources for beginners. NovaDAX may be suitable for users prioritizing BRL support, integrated cards, and a smooth mobile platform, but it may not be ideal for those who require access from major Western countries or the highest regulatory standards.
NovaDAX Summary
| 💻 Trading platform: | In browser - TradingView |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, fiat currencies |
| 💵 Deposit / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | ₿0.0005 |
| ⚖️ Leverage: | 1:1 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0.15%-0.25% |
| 🔧 Instruments: | 383 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | n/a |
| ⭐ Trading features: | All popular cryptocurrencies, BRL, quick exchange service, exchange and OTC trading, internal points system with the possibility of reducing commission fees, modern level of data and funds protection |
| 🎁 Contests and bonuses: | There are bonuses (welcome, rebates, and trading volumes) |
To start trading on the NovaDAX exchange, go through the registration procedure, and then the verification procedure (confirm the data entered). This is necessary to protect against bots, fake accounts, and scammers. Further, you will have access to full functionality, but you will not be able to trade until you deposit the amount of ₿0.0005 or more. After depositing, you may trade any positions at your discretion. The exchange doesn’t set any restrictions, but there is no leverage on the website, that is, you can trade only with personal funds. Technical support is provided by the ticket system in the "Support Center'' section. You will get the answers by email. Despite there being no call center, technical support works quickly and is highly appreciated by customers.
NovaDAX Key Parameters Evaluation
Regulation and Safety
With a 6.75/10 score, NovaDAX demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- No successful hacks history
- Government-regulated
- Cold wallet storage
- 2FA
- Not U.S regulated
- No investor protection fund
- Not tier-1 regulated
NovaDAX Security Factors
We also compared NovaDAX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| NovaDAX | Kraken | Coinbase | |
| Tier-1 regulation | No | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is NovaDAX a regulated crypto exchange?
NovaDAX is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
NovaDAX is authorized or licensed in accordance with local regulations in the following regions: Brasil.
Is verification (KYC) mandatory at NovaDAX?
Yes, KYC verification is mandatory at NovaDAX. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is NovaDAX available in the USA?
NovaDAX is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .
NovaDAX commissions and fees
NovaDAX received a 5.7/10 score for its trading fees. While NovaDAX is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are NovaDAX trading fees?
We analyzed NovaDAX’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
NovaDAX trading fees vs competitors
| NovaDAX | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.15 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.25 | 0.22 | 0.2 | 0.194 |
What are NovaDAX deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0005 BTC 0.005 ETH |
Does NovaDAX offer P2P trading?
No, NovaDAX does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
NovaDAX received a 4/10 rating for its deposit and withdrawal services. NovaDAX offers limited funding options and may charge fees, which could be inconvenient for many users.
- Bank transfers for deposits and withdrawals
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- Withdrawal fee applies
- No P2P transfer option
Deposit and withdrawal options
NovaDAX supports the following deposit and withdrawal options: Bank transfers, Crypto.
NovaDAX Deposit and withdrawal options vs competitors
| NovaDAX | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is NovaDAX minimum deposit?
The minimum deposit at NovaDAX is 1 USD/USDT or 5 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
NovaDAX minimum deposit vs competitors
| NovaDAX | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 5 | 1 | 1 |
| Minimum trade amount, USD/USDT | 10 | 1 | 2 |
Does NovaDAX support fiat money?
NovaDAX supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
NovaDAX received a score of 4.5/10 in this category, indicating a modest offering of assets and markets. While NovaDAX covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Staking available
- Fiat currencies supported
- NTFs not available
- Crypto futures not available
NovaDAX supported coins and markets vs competitors
We compared NovaDAX with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| NovaDAX | Kraken | Coinbase | |
| Supported coins | 383 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
NovaDAX passive income options vs competitors
We also compared NovaDAX with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
NovaDAX received a score of 8/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.
- Positive user feedback on the iOS app
- Advanced charting with TradingView support
- Advanced tools and automation with API
- Mobile indicators allowed
- No trading bots for traders
- No standalone desktop access
- Advanced orders not available
Trading apps
NovaDAX provides web and mobile apps for both Android and iOS users, with an average rating of 4.6 on the App Store and 4.1 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the NovaDAX platform is for mobile use.
| NovaDAX | Kraken | Coinbase | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | No |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | Yes | Yes | Yes |
| Advanced Orders | Yes | Yes | Yes |
| Trading with bots | No | No | No |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does NovaDAX offer a desktop app?
No, NovaDAX does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does NovaDAX offer advanced charting with TradingView integration?
Yes, NovaDAX offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
| Foundation date | 2018 |
|---|---|
| Registration address | Avenida Paulista, 1842, Torre Norte Conj 155 Sala 10 - CEP 01310-945 - São Paulo |
| Official site | http://www.novadax.com.br/ |
| Contacts |
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