novadax review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
NovaDAX suits traders who want a short coin list and light trading costs rather than a deep catalogue. The taker fee of 0.21% is modest by exchange standards, and the coin list of 32 keeps the range of pairs tight rather than exhaustive.
Pros and cons
Pros
- Taker fee of 0.21% is lighter than 1% at eToro and 2.25% on the Vivid Plus crypto earn rate
- Maker fee of 0.45% applies to limit orders, and a 32 coin list keeps the range simple to track
- Self-serve answers through the help centre in help centre cover fees and account steps
Cons
- Support runs on help centre only, so a stuck withdrawal or a pricing query is handled in writing
- A coin list of 32 leaves longer-tail pairs off the table, which is the trade for the light fee
- The maker fee of 0.45% sits above the taker fee of 0.21%, so frequent trading costs more than the headline rate
Ready to try novadax?
Scored 8.5 / 10 by SumCue.
Who it suits
- Traders keeping dealing costs down, with a taker fee of 0.21% and a maker fee of 0.45%
- Anyone who needs only a handful of pairs, since 32 coins are listed
- Self-serve users content to work from the help centre in help centre
Who should look elsewhere
- Traders who want to hold and earn rather than trade: Vivid Plus charges 2.25% on crypto earn, which serves a different purpose
- Traders who want the broadest coin choice: only 32 coins are listed here, so eToro and bunq are worth checking for range at 1% and 0.25% to 1.99%
- Traders who expect live chat or phone help: support runs on help centre, so bunq, with fees of 0.25% to 1.99% for crypto trades, is the alternative to weigh
Fees and FX
Trading is charged at a taker fee of 0.21% on the taker side and 0.45% on the maker side, both as listed in the schedule of rates. Anyone who mostly adds to a position pays the maker rate, while quick in-and-out dealing pays the taker rate, so the gap between the two is what drives the bill for heavy trading.
How novadax compares
8.5 vs 9.5
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8.5 vs 9.2A taker fee of 1% makes eToro the heavier cost for frequent dealing.
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Where novadax is available
- Available
- Brazil
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What fees does NovaDAX charge on trades?+
Dealing on the order book costs 0.21% per trade, while adding liquidity and taking the other side costs 0.45%. In practice, quick in-and-out trading pays the taker rate, and limit orders that sit on the book pay the maker rate, so the style of each order decides which one you pay.
What kind of exchange is NovaDAX?+
NovaDAX runs as a cex, a centralised exchange. That means the platform holds the balances and runs the order book rather than trades settling through a wallet you control, so custody sits with the exchange.
How many coins can I trade?+
The listing runs to 32 coins, which is well short of the 74.5 median across the crypto exchanges in the listings. Expect the majors to be covered and a thinner pick of smaller tokens.
How do I get help if something goes wrong?+
Support runs through the help centre in help centre, which covers common questions on fees, deposits and account steps. Live chat and phone lines are not in the listing, so anything unusual is dealt with in writing.
How does NovaDAX compare with bunq, eToro and Vivid Plus on cost?+
NovaDAX charges 0.21% to take, against 0.25% to 1.99% at bunq, 1% at eToro and 2.25% on the Vivid Plus crypto earn rate. On the taking side it sits at the lighter end of what the alternatives ask.
How much money do retail traders lose here?+
The listings put retail losses at 70.15%, and 74.5% at the upper end, so a typical retail account in this category loses money. Trading on a centralised exchange adds platform and custody risk to those market swings.
How is NovaDAX rated overall?+
The score is 3, split into 3 for cost and 3.1 for offer. The offer mark is held back by the short coin list, while the cost mark reflects the light taker fee of 0.21%.
Sources
- novadax.com.br checked September 26, 2026
Backs: Support channels
“Personalized service rated "RA1000 Seal" on Reclame Aqui; Specialized 24-hour service in several languages.”
- novadax.com.br/criptomoedas checked September 26, 2026
Backs: Coins listed, Exchange type
“além as mencionadas acima, veja outras criptomoedas listadas na NovaDAX”
- novadax.com.br/taxas-e-limites checked September 26, 2026
Backs: Maker fee, Taker fee
“Taxa - Executora ... NovaDAX* 0,45%”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Regulators, Fiat deposit methods.