NovaDAX Fee Calculator
Fee Structure Overview
- Base trading fee: 0.25%
- VIP Tier 11 (highest): 0.015% maker fee
- No fiat deposit/withdrawal fees
- Crypto withdrawal fees vary by coin (network fees)
Your Estimated Fees
Trying to decide whether NovaDAX is worth your money? This review breaks down the exchange’s fees, supported coins, security model, and how it stacks up against global giants. By the end you’ll know if NovaDAX fits your trading style or if you should look elsewhere.
Quick Takeaways
- NovaDAX offers >200 crypto assets, with a focus on the Brazilian market.
- Base trading fee starts at 0.25% and can drop to 0.015% for VIP traders.
- No fiat deposit/withdrawal fees, but crypto withdrawal fees vary by coin.
- Security is strong-backed by the Abakus Group and a dedicated asset‑protection protocol.
- Missing futures, margin, and advanced derivatives; support can be slow.
What Is NovaDAX?
NovaDAX is a Brazilian cryptocurrency exchange launched in 2018 by Abakus Group. The platform markets itself as Brazil’s most diversified crypto market, promising low fees, fast fiat‑crypto deposits, and a mobile‑first experience. As of 2025 it serves over 100,000 active users and holds the second‑most‑downloaded spot‑exchange app in Brazil.
Core Features and Asset Coverage
NovaDAX lists between 200 and 640 cryptocurrencies depending on the data source. The most‑traded pairs use Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) as base currencies. Below is a snapshot of the top assets you’ll encounter:
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), Ripple (XRP), Binance Coin (BNB) and dozens of others.
The platform offers both a basic UI for newcomers and an advanced UI with full order‑book depth, multiple order types (market, limit, stop‑limit) and charting tools powered by TradingView.
Fee Structure Explained
NovaDAX uses an eleven‑tier maker‑taker model. The base rate for a standard user sits at 0.25% per trade. As volume climbs, the fee drops dramatically-VIP level11 enjoys a maker fee of just 0.015%.
While the tier‑based discounts look enticing, the exchange does not publish the exact volume thresholds for each level. Users report needing to contact support for clarification, and support replies can be delayed.
Key fee takeaways:
- No charge for fiat deposits (BRL, EUR) or fiat withdrawals.
- Crypto withdrawal fees follow the network‑specific rates (e.g., 0.0005BTC for Bitcoin, 5USDT for Tether).
- Maker‑taker spread typically ranges from 0.05% to 0.15% on major pairs.
Security & Regulation
Security is a major selling point. NovaDAX stores the majority of user funds in cold storage and employs two‑factor authentication, device‑binding, and withdrawal whitelist options. The backing by Abakus Group adds institutional credibility, and the exchange complies with Brazil’s Central Bank guidelines for crypto‑related services.
There have been no public hacks or major security incidents since launch, and the platform undergoes regular security audits. However, the lack of a formal insurance fund (unlike some global exchanges) means users must rely on the internal asset‑protection reserves.
How NovaDAX Stacks Up Against Global Leaders
| Feature | NovaDAX | Binance | Coinbase | Kraken |
|---|---|---|---|---|
| Supported crypto assets | 200‑640 (focus on Brazil) | 5,000+ | 700+ | 1,200+ |
| 24‑h volume (USD) | $13.4M (2021 peak) | $70B | $12B | $6B |
| Base trading fee | 0.25% (tiered to 0.015%) | 0.10% maker / 0.10% taker | 0.50% flat | 0.16% maker / 0.26% taker |
| Fiat deposit fee | Free (BRL, EUR) | 0.1%‑0.5% (varies) | 1.49% (USD) | 0.15%‑0.25% |
| Derivatives (futures, margin) | No | Yes | Yes (margin) | Yes |
| Customer support | Mixed (slow response reports) | 24/7 live chat | Email & phone | Email & chat |
| Mobile app rating (Google Play) | 4.2★ (21.5k reviews) | 4.5★ | 4.4★ | 4.3★ |
In a nutshell, NovaDAX shines for Brazilian traders who value low fiat fees and localized support. Global traders looking for futures, high‑volume liquidity, or a wider array of assets may gravitate toward Binance or Kraken.
Pros and Cons Checklist
- Pros
- Zero‑fee fiat deposits and withdrawals.
- Strong cold‑storage security backed by a reputable holding company.
- Wide selection of Latin‑American fiat pairs (BRL, EUR).
- Mobile app praised for speed and intuitive design.
- Cons
- No futures, margin, or options trading.
- Tier‑level requirements are opaque.
- Customer support can be slow, especially for non‑Brazilian users.
- Liquidity is modest compared with global giants.
Getting Started: Account Creation in Under a Minute
The onboarding flow is streamlined:
- Download the NovaDAX app (iOS14+ or Android8+).
- Enter your email, set a password, and verify the address.
- Upload a government ID and a selfie for KYC (takes ~30seconds).
- Link a Brazilian bank account or a Euro‑SEPA account to fund your wallet.
- Start trading-no manual approval needed for basic accounts.
Professional traders may apply for “VIP” status after reaching the internal volume thresholds, unlocking the ultra‑low 0.015% fee tier.
Frequently Asked Questions
Is NovaDAX safe for large deposits?
Yes, the exchange stores the majority of assets in offline cold wallets and requires two‑factor authentication for withdrawals. The backing by Abakus Group adds an extra layer of financial stability, though there is no public insurance fund.
Can I trade futures on NovaDAX?
No. NovaDAX currently offers only spot trading. If you need futures or margin, you’ll have to look at Binance, Kraken or another platform that provides derivatives.
How do I become a VIP trader?
VIP tiers are volume‑based, but NovaDAX does not publish the exact thresholds. Generally, traders who move several hundred thousand dollars per month qualify for lower fees. You’ll receive a notification once you hit a new tier.
Are there any hidden fees?
The only variable cost is the network fee when you withdraw crypto. All fiat deposits and withdrawals are free. The trade‑fee schedule is transparent; the only “hidden” element is the undisclosed VIP‑tier volume requirements.
How does NovaDAX’s mobile app compare to the desktop version?
Both versions share the same core engine. The mobile app is praised for its speed and clean UI, while the desktop site offers more screen real‑estate for advanced charting. Functionally, you can place any order type on either platform.
Bottom Line: Should You Sign Up?
If you live in Brazil or trade heavily in BRL, NovaDAX offers the most competitive fiat gateway and a solid security baseline. The fee structure can become ultra‑cheap for high‑volume traders, but you’ll need to chase the opaque VIP tiers. For users hunting futures, deep liquidity, or 24/7 live chat support, a global exchange like Binance or Kraken remains a better fit.
Overall, NovaDAX earns a solid NovaDAX review rating for regional traders, but it isn’t the all‑in‑one solution for the global crypto community.
Stefano Benny
July 29, 2025 AT 12:20The fee tier roadmap feels like a scavenger hunt designed for high‑frequency bots. NovaDAX slaps a 0.25% base fee, but the VIP ladder apparently drops to 0.015% if you can hustle a million‑dollar monthly volume 🤯. That’s a steep curve for retail cats, especially when the exact brackets aren’t publicly posted. Plus, the crypto‑withdrawal network fees still bite you at the end of the day. If you’re hunting cheap trades, the math only works if you’re moving massive capital, not the average hobbyist.
Bobby Ferew
July 30, 2025 AT 17:16Reading the security section gave me a cold‑sweat vibe-cold storage sounds good, but the lack of an insurance fund leaves a gaping hole. The platform feels like it’s wearing a mask of confidence while hiding its fee‑tier secrets.
celester Johnson
July 31, 2025 AT 22:26When you peer behind the glossy UI of NovaDax, you confront a paradox that mirrors the broader crypto zeitgeist. On one hand, the exchange boasts robust cold‑storage protocols and two‑factor authentication, promising a fortress for user assets. On the other hand, the veil over its VIP tier thresholds transforms the fee structure into an oracle that only whispers to those who already dominate the market. This opacity forces the average trader into a state of epistemic uncertainty, a condition antithetical to informed decision‑making. The absence of a publicly funded insurance pool compounds the risk, relegating trust to the goodwill of the Abakus Group. Yet, the promise of zero‑fee fiat deposits and withdrawals is a seductive lure for Brazilian users hungry for cost‑effective on‑ramps. Liquidity, however, remains modest, a reality that becomes painfully apparent when attempting to execute sizable orders without slippage. The platform’s lack of futures and margin products further narrows its appeal to seasoned speculators seeking leverage. In contrast, global behemoths like Binance and Kraken offer deep order books, derivative markets, and round‑the‑clock support. NovaDax’s mobile app does shine, with a clean interface and swift execution that can rival its larger counterparts on the surface. But the underlying infrastructure reveals itself as a regional specialist rather than a universal contender. For users whose primary need is a seamless BRL gateway, the exchange delivers value that outweighs its shortcomings. For anyone else, the trade‑off between lower fiat fees and limited product depth must be weighed with a disciplined cost‑benefit analysis. Ultimately, the decision to allocate capital here hinges on one's tolerance for informational asymmetry and willingness to navigate an opaque tier system. If you're comfortable charting that unknown terrain, NovaDax can serve as a modest foothold; otherwise, look farther afield.
Prince Chaudhary
August 2, 2025 AT 05:00NovaDax provides a solid entry point for newcomers, especially those dealing with Brazilian real. The onboarding flow is quick, and the app’s responsive design makes trade execution feel natural. While the fee schedule is tiered, the baseline rates are competitive for spot trading. Users should keep an eye on volume requirements if they aim for lower fees. Overall, it's a decent platform for regional traders.
John Kinh
August 3, 2025 AT 12:06Sounds cheap, looks shady 🤔
Mark Camden
August 4, 2025 AT 20:20From an ethical standpoint, a cryptocurrency exchange should prioritize transparency and user protection. NovaDax's omission of explicit VIP tier criteria undermines the principle of informed consent. Moreover, while the cold‑storage measures are commendable, the lack of an external insurance mechanism places undue risk on depositors. The platform's commitment to zero‑fee fiat transactions is laudable, yet the trade‑off manifests in limited product offerings and ambiguous fee disclosures. Users deserve a clear, accountable framework that balances profitability with fiduciary responsibility.
Evie View
August 6, 2025 AT 04:50NovaDax pretends to be a champion for Brazilian traders, but it’s really a glorified fiat gateway with a shrouded fee structure. The platform’s silence on VIP thresholds is a disservice that borders on deceit. If you value real transparency, look elsewhere. Their security claims are impressive only on paper, and without an insurance fund you’re left holding the bag if anything goes wrong. Stop being fooled by slick marketing.
Sidharth Praveen
August 7, 2025 AT 13:36I get that the transparency issue feels like a deal‑breaker, but for many Brazilian users the zero‑fee fiat path outweighs the uncertainty. If you’re trading moderate volumes, the base fee is already decent, and the app’s speed can boost your efficiency. Giving it a try on a small scale might help you decide before committing larger sums.
Sophie Sturdevant
August 8, 2025 AT 22:40Let's cut through the noise: the spot‑only model limits your leverage options, but the liquidity pool is sufficient for mid‑size positions. The fee architecture, once you’re past the Standard tier, drops to sub‑basis‑point levels, which is a solid win for high‑frequency scalpers. Just make sure your API keys are secured, and you’ll navigate the market without unnecessary friction.
Nathan Blades
August 10, 2025 AT 08:16Imagine a trading floor where every click feels like a precise brushstroke on a canvas of price action; that’s the experience NovaDax aims to deliver. Their UI, powered by TradingView, gives you granular insight, while the mobile app keeps you connected on the go. For traders seeking a balance between speed and safety, the platform’s cold‑storage approach offers peace of mind without sacrificing responsiveness. Embrace the tools, respect the limits, and you’ll craft a disciplined strategy that transcends short‑term hype.
Somesh Nikam
August 11, 2025 AT 18:26Your point about UI elegance resonates; the charting suite indeed facilitates nuanced analysis. 😊 However, I’d advise pairing it with robust risk‑management practices, especially given the modest liquidity. A disciplined approach will mitigate the occasional slippage that can arise in thinner markets.
Jan B.
August 13, 2025 AT 05:10NovaDax works for regional fiat entry but lacks depth for power traders.
MARLIN RIVERA
August 14, 2025 AT 16:26The platform’s defensive PR is a smokescreen for an under‑engineered product; its data feeds lag, and the support team drags their feet. Anyone serious about execution speed should steer clear.
Debby Haime
August 16, 2025 AT 04:00If you’re on the fence, give NovaDax a spin with a modest deposit-you’ll see firsthand whether the zero fiat fees translate into real savings for your workflow. The community feedback is mixed, but the app’s performance often wins over skeptics.