Launched in 2018, NovaDAX is a centralized exchange that is based out of Brazil. Many people are not even aware that the land of samba and football is a haven for crypto exchanges. Apart from NovaDAX, the country plays host to several other exchanges like Foxbit, Negocie Coins, and BitcoinTrade. DigiByte, on the other hand, is a worldwide, decentralized payment network inspired by Bitcoin. It was released in 2014 by its founder Jared Tate. DigiByte has announced that it is now available on NovaDAX exchange.
#DigiByte is now live on @Nova_DAX Exchange.
You can buy and sell DGB by using Brazilian Real.https://t.co/qAIFlGgXVt
To win $DGB you can join the contest here:https://t.co/BgRxbQxsEe
Announcement: https://t.co/BDx4gzz8fO pic.twitter.com/FHjOzx4zb7
— DigiByte (@DigiByteCoin) August 24, 2020
One can buy or sell DGB with the help of Brazilian REAL. NovaDAX is also running a contest through which one can win DigiByte coins. They offer 20DGB free, but to avail that offers, one has to purchase 600 DGB in a single order or coin in a minimum of 600 DGB at a time. A customer can receive a bonus of 20 DGB just once.
Apart from the free giveaway competition, NovaDAX is also running a trading competition wherein the exchange will give 6000 DGB to the top 3 traders. They have the maximum trading amount of DGB. Once a customer starts trading DGB on NovaDAX, he will enter into the contest automatically.
The trading volume on NovaDAX is quite decent, and the 24-hour trading volume during the height of the COVID-19 pandemic was USD 10.2 million. It is a fairly good trading volume considering these figures, but they are still a long way behind the industry giants. The NovaDAX app is available in Google Play, which means you can trade right from your phone. Many people love to do crypto trading from a desktop, but NovaDAX gives you an added option.
The DigiByte network is based on three layers—smart contracts, DApps or decentralized applications, and customizable tokens. The DigiByte can be used as a payment method, just like a fiat currency. The coins are responsible for running the DigiAsset smart contract network. It can be stored in an exchange or the DigiByte wallet. The purchase of DigiByte (DGB) coins is now made through the Bittrex and Coinbase exchanges. For more details on the same just checkout the DigiByte page now.
