NOMOEX Whitepaper 2.0
  • ✨Nomoex
  • Abstract
  • ⛩️Introduction
  • ✌️Vision and Mission
    • Seamless Payments
    • Smart Trading
    • Simplified Investment
  • 📊Market Opportunity
  • ⛔Problems
  • 💡Solutions
  • 🦄Ecosystem
  • 💱Liquidity
  • 🤯Our Product
    • Spot Trading
    • Futures Trading
    • Margin Trading
    • Copy Trading
    • CIPS
    • Droids
    • VaultX
    • NomoPay
    • NomoDEX
      • Overview of perpetual futures
        • Perpetual Contracts
        • Mark Price
        • Index Price
        • Insurance Fund
        • ADL
      • USDT margined perpetual contract
        • USDT Perpetual Contract Introduction
        • Contract variety elements
        • Leverage and position limit
      • Functions
        • One-way and two-way positions
        • Conditional Order
    • Nomoex Launchpad
    • Smart Trading Terminal
  • 👁️‍🗨️UI Preview
  • 👋Staking
  • 🪙Nomoex Token
  • 🌎Tokenomics
    • Utility of $NOMOX
    • Token Distribution
  • 🛍️Go to Market
  • 💰Revenue Model
  • 🛣️Roadmap
  • 🦹‍♂️Our Team
  • 🤝Partnerships
  • 💎Achievements
  • 🤩Why Choose Us?
  • 👨‍⚖️Legal Disclaimer for NOMOEX
  • 👨‍💻What is API management and how to create it?
  • API Documentation
    • Basic Information
    • Enum
    • Spot
    • Websocket
    • Official SDK
    • Errors
    • Common Problems
  • Facebook
  • Instagram
  • X
  • Reddit
  • Linkedin
  • YouTube
  • Discord
  • Telegram
  • Medium
Powered by GitBook
On this page
  • Complex Crypto Management
  • Security Concerns
  • High Fees and Costs
  • Lack of User-Friendly Interfaces
  • Limited Features and Tools

Was this helpful?

Problems

Complex Crypto Management

Management of multiple accounts on multiple platforms for various purposes can be challenging owing to differences in interface, legislation, and constraints. Many people fail to effectively manage their portfolios.

Security Concerns

While cryptocurrencies present a huge opportunity for traders, security remains a key issue that prevents the widespread acceptance of cryptocurrency as an investment asset. Millions of bitcoins have been stolen from crypto exchanges since Bitcoin's creation. A significant risk still exists today.

High Fees and Costs

Existing exchanges charge users a significant fee for using the platform's services. Fees differ and vary by the services offered by the platform to traders. Regardless, users on exchanges pay a significant cost for each service used.

Lack of User-Friendly Interfaces

The complicated user interface makes it difficult for novices to use these platforms. This makes things extremely difficult and might discourage new players from joining the cryptocurrency industry.

Limited Features and Tools

Most cryptocurrency platforms offer limited functions, hindering users from using advanced trading strategies, AI-powered bots, and cutting-edge technology to enhance their crypto experience.

PreviousMarket OpportunityNextSolutions

Last updated 11 months ago

Was this helpful?

⛔