Terms of Use

Last updated: 6 November 2026

This page is a summary. The full Client Agreement and Risk Disclosure are shown in the app before you can use it, and can be read again at any time in Settings > About. If anything here differs, the Client Agreement applies.

1. The service

Novex is a non-custodial platform in the PVARA Regulatory Sandbox test phase. You control your own wallet; Novex does not hold your funds. Sandbox limits on users, deposits and leverage apply, and the test may end with notice.

2. Risks

• Crypto prices move fast. You can lose some or all of your money.
• Leverage on Future multiplies both gains and losses and can lead to liquidation.
• Many Spot coins on BNB Smart Chain are Binance-Peg tokens (BEP-20 copies backed by Binance), not the native coin.
• Bridges, blockchains and outside services can fail or be delayed.

3. Fees

• Spot trades: no Novex fee (network and pool fees still apply).
• Future trades: 0.10% Novex fee on top of Hyperliquid's own fee.
• Withdraw / Send: 0.30 USDT.
• Transfer Spot → Future or Future → Spot: 0.02 USDC, plus the bridge fee shown before you confirm.
• First withdrawal from Hyperliquid: Hyperliquid's own one-time 1 USDC activation fee (not a Novex fee).

4. Your responsibilities

• Use only money you can afford to lose, and do not use borrowed money.
• Keep your email and wallet key safe. Novex will never ask for them.
• Do not use Novex for illegal activity. Accounts may be frozen for suspected fraud, money laundering, sanctions matches or cap breaches.

5. Complaints

See Contact. We reply within 7 working days; you may refer an unresolved complaint to PVARA.

6. Privacy

See the Privacy Policy.