NovaDAX
NovaDAX
Data verified on unchanged since the sources
Worth it if you operate from Brazil and want the lowest fees: 0.015% with PIX and 300+ trading pairs.
Avoid it if you are outside Brazil, its only market, or want an established, globally recognised exchange brand.
NovaDAX is a Brazilian exchange registered with the BCB, with fees of 0.015% among the lowest globally, PIX support and over 300 trading pairs. Its limitation is its exclusive focus on Brazil and lower visibility compared with Mercado Bitcoin.
Data & conditions
| Maker / Taker fee | 0.3% / 0.5% |
|---|---|
| Markets | Spot |
| Max leverage | 1× |
| Supported assets | 80+ |
| Trading pairs | 600+ |
| 24h volume | $3.76M |
| Fiat on-ramp | Yes |
| Deposit methods | Pix (BRL), Bonifico bancario / TED (BRL) |
| Geo restrictions | US, IR, KP, CU |
| Staking / Earn | Staking program con lock 1-4 anni |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | LATAM · 1+ countries |
| Regulator | VQF (AML), non specificato |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | BCB Banco Central Brasil |
Strengths
- Fee 0,015% — among the lowest globalmente; PIX; 300+ pair.
- No notable sovereignty advantage documented.
Weaknesses
- Only Brazil; less conosciuta.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Banco Central Brasil): reporting to authorities and freezes on order.
- Geographic restrictions (US, IR, KP, CU).
Verdict
Registration with the BCB, PIX support and over 300 trading pairs place NovaDAX firmly in the B range, but its real selling point is the 0.015% fees, among the lowest in the world, which give a concrete cost advantage. The score is limited by its exclusive focus on Brazil and lower visibility than Mercado Bitcoin, which weighs on trust for a user who doesn't know it.
The ultra-low fees don't change the substance for the crypto-native user: NovaDAX is custodial with full KYC and centralized custody under Banco Central oversight. The cost advantage sits entirely within the regulated perimeter, with no self-custody or privacy. Through this lens the verdict stays low, because what matters — key control and censorship resistance — simply isn't there.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used NovaDAX, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
History not verifiedWe have not yet completed the incident search for this service: no entries here does not mean no events.
Public reviews
-
Google Play ↗
4.1/5
21,589 reviews
Android app (com.nova.dax); ratingValue 4.096 and ratingCount 21,589 from aggregateRating structured data (gl=BR), re-verified by the orchestrator.
-
App Store ↗
4.6/5
2,717 reviews
iOS app 'NovaDAX - Bitcoin Exchange' (id 1472203612), Brazil storefront. Exact average 4.625 and count from itunes lookup, re-verified by the orchestrator.
Weighted average across 2 public review platforms (24,306 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
What are NovaDAX's fees?
On NovaDAX, spot fees are maker 0.3% / taker 0.5%. They drop with monthly volume and VIP tier.
Is NovaDAX regulated in Europe?
Regulatory status of NovaDAX: Banco Central Brasil. Licence: BCB.
Does NovaDAX publish Proof of Reserves?
Proof of Reserves publication is not documented for NovaDAX. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from NovaDAX?
No, NovaDAX is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does NovaDAX support derivatives and futures?
NovaDAX does not offer derivatives: it focuses on spot trading.
Sources
- Official service page Maker/taker fees · Regulatory framework · Derivatives · Deposit methods · +1 Data verified on Jun 15, 2026
- bitdegree.org Trading pairs · Staking & Earn · Max leverage · Geographic availability · +3 Data verified on Jun 15, 2026
- coingecko.com 24h volume · Proof-of-Reserves Data verified on Jun 15, 2026
- tradingfinder.com Legal name · Company type · Stock ticker · Stock listing · +3 Data verified on Jun 15, 2026
Show 3 more sources
- crunchbase.com Founders Data verified on Jun 13, 2026
- tradersunion.com Volume data · Certifications Data verified on Jun 13, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 13, 2026