Nadex

Nadex is an online service for exchanging cryptocurrency and fiat funds. According to the published form, it works with Bitcoin against Russian rubles, and an email address is published for contact.

What it offers The service is a narrow one: the only crypto asset listed is BTC, and the only fiat currency is RUB. For a client who needs this single route, a focused exchanger can be simpler than a large platform, though it also means there is little choice of assets or currencies.

Role The provider is classified as an online exchanger, which means the client submits an order on the website and the service carries out the exchange. This differs from an exchange with an order book and from a P2P marketplace.

Points to confirm The available description does not state the payment methods, the networks, the rate type, the fees, limits, processing times, verification procedures, the legal entity or any licensing. Because these points define the cost, speed and safety of an exchange, a client should read the service rules and ask the operator about them before sending funds. For larger amounts, it is sensible to test the process with a small transaction first and to check how disputes and refunds are handled.