Nanu Exchange Review: Fees, Trust Score, and Why It Shut Down

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How This Compares to Nanu Exchange

Nanu Exchange offered competitive fees (0.15% maker / 0.25% taker) but operated with low liquidity (daily volume < 1 BTC) and no regulatory protection. Major exchanges like Binance and Coinbase offer higher liquidity and compliance safeguards despite higher fees in some cases.

Looking for a straight‑to‑the‑point Nanu Exchange review? You probably want to know whether the platform was safe, cheap, and worth the hassle before it vanished in late 2020. Below you’ll get the facts - from fee tables to user complaints - so you can decide if the Nanu story matters for your own crypto journey.

Quick Takeaways

  • Nanu Exchange operated from 2017 to November 2020, focusing on Brazil’s crypto market.
  • Maker‑taker fees were 0.15% / 0.25%, matching industry averages.
  • Daily Bitcoin volume never reached 1BTC, far below major exchanges.
  • Trust scores from BeInCrypto hovered around the low‑300s, indicating limited reliability.
  • Closure was abrupt, with no official explanation; users were left without support.

What Was Nanu Exchange?

Nanu Exchange was a centralized cryptocurrency exchange launched in 2017 and registered in Brazil. It offered a web‑based trading interface that let Brazilian users buy, sell, and withdraw a handful of digital assets. The platform ceased operations in November2020, and its website now displays a generic “Taboo” page, confirming the shutdown.

Trading Offerings and Liquidity

The exchange supported six main coins: Bitcoin (BTC), BTC, Ethereum (ETH), ETH, Litecoin (LTC), XRP, Tron (TRX) and Dogecoin (DOGE). Bitcoin accounted for 47% of the platform’s 24‑hour volume, but the total daily volume was only about 0.98BTC - a fraction of the thousands of BTC traded on Binance or Coinbase each day. Low liquidity meant slippage could spike for larger orders, a common complaint among active traders.

Anime trader viewing a thin Bitcoin order book with low volume.

Fee Structure and Withdrawal Costs

According to data from Cryptowisser, Nanu’s maker fee was 0.15% and the taker fee 0.25%, which sits comfortably within the industry median. Bitcoin withdrawals incurred a flat fee of 0.0008BTC - essentially the global average of 0.000812BTC per transaction.

Trust Score and Market Position

BeInCrypto assigned Nanu a trust score of 3 and placed it at rank 596 (later slipping to 764) out of over 2,000 surveyed exchanges. CoinMarketCap listed the platform as an “Untracked Listing,” signalling that public volume data were not reliably reported. Compared with heavyweight exchanges that register daily Bitcoin volumes in the high‑three‑digit BTC range, Nanu’s sub‑1BTC flow highlighted its niche, low‑profile status.

User Experience and Support

Community feedback on Revain and other forums painted a bleak picture. Users reported a clunky interface, “poor navigation,” and a “low‑liquidity” environment that made price discovery difficult. Customer support appeared virtually nonexistent; no positive anecdotes surfaced in the available reviews. One reviewer even saw the landing page replaced with the word “Taboo” weeks before the official shutdown, suggesting technical neglect.

How Nanu Stacked Up Against the Big Players

Comparison of Nanu Exchange with Leading Global Platforms
Metric Nanu Exchange Binance Coinbase Kraken
Daily BTC Volume ≈0.98BTC ≈3,200BTC ≈1,800BTC ≈1,200BTC
Maker Fee 0.15% 0.10% (standard) 0.00%‑0.50% 0.16%‑0.26%
Taker Fee 0.25% 0.10%‑0.20% 0.50%‑1.50% 0.26%‑0.36%
Trust Score (BeInCrypto) 3 (rank ~600) 9 (rank 1) 8 (rank 3) 8 (rank 5)
Regulatory Status Unregulated (Brazil) Registered in multiple jurisdictions US‑regulated EU‑registered

The table makes it clear: Nanu’s fee levels were decent, but its liquidity, trust rating, and regulatory backing were far behind the market leaders.

Anime character sees a broken exchange page and looks at major exchange icons.

Why Did Nanu Shut Down?

No official statement explained the closure, but analysts point to three converging pressures. First, Brazil’s regulatory climate tightened in 2020, forcing many local platforms to tighten KYC/AML practices - something Nanu never fully disclosed. Second, its low daily volume meant it could not compete for market‑making contracts, leading to widening spreads and higher trading costs for users. Third, technical neglect (the “Taboo” page) hinted at operational cash‑flow problems, which likely made continued service unsustainable.

Lessons for Traders and Investors

When evaluating any exchange, especially regional ones, keep an eye on three pillars: liquidity, regulatory compliance, and transparent reporting. A platform may offer attractive fees, but if daily volume sits under 1BTC, price slippage can erode any cost advantage. Regulatory registration provides a safety net for user funds; unregulated sites can disappear without warning, as Nanu demonstrated.

Where to Go Next - Alternatives for Former Nanu Users

  • Mercado Bitcoin - Brazil’s largest local exchange, with robust KYC, high liquidity, and a mobile app.
  • Foxbit - Another domestic player offering fiat‑BRL pairs and 24/7 support.
  • Binance - International platform with dedicated BRL trading pairs and deep order books.
  • Coinbase - US‑regulated, good for beginners, accepts Brazilian users via credit‑card purchases.
  • Kraken - Known for strong security and a growing BRL gateway.

Switching to a platform with proven volume and regulatory standing reduces the risk of sudden shutdowns and improves trade execution.

Frequently Asked Questions

Is Nanu Exchange still operational?

No. The service stopped accepting trades and withdrew its website in November2020, and there have been no announcements of a relaunch.

What were the main fees on Nanu Exchange?

Maker fees were 0.15% and taker fees 0.25%. Bitcoin withdrawals cost a flat 0.0008BTC, which matched the global average at the time.

How did Nanu’s liquidity compare to bigger exchanges?

Its daily Bitcoin volume hovered under 1BTC, whereas major platforms trade thousands of BTC each day. This low liquidity led to higher slippage for larger orders.

Was Nanu regulated in Brazil?

No. Nanu operated as an unregulated exchange, which contributed to trust‑score concerns and increased risk for users.

Which exchange should I use if I’m based in Brazil?

Consider local platforms such as Mercado Bitcoin or Foxbit for BRL‑centric trading, or international options like Binance and Kraken that offer deep liquidity and compliance safeguards.

In short, Nanu Exchange served a specific niche at a time when Brazil’s crypto market was still maturing, but its lack of liquidity, limited regulatory footing, and abrupt shutdown make it a cautionary tale. If you’re hunting for a reliable venue today, aim for an exchange that checks the three boxes of volume, compliance, and transparent reporting.

11 Responses

ചഞ്ചൽ അനസൂയ
  • ചഞ്ചൽ അനസൂയ
  • October 12, 2025 AT 09:29

Hey folks, looks like Nanu tried to be the underdog in a market full of giants. Their fee structure was decent, but liquidity is the lifeblood of any exchange. When you can’t fill orders, those low fees become just a nice idea. Think of it like a coach who offers cheap training but no equipment – you’ll struggle to improve. It’s a reminder that trust scores need real volume behind them. Keep your eyes on both price and depth, and you’ll dodge the pitfalls that Nanu fell into.

Orlando Lucas
  • Orlando Lucas
  • October 14, 2025 AT 17:02

Reading through the shutdown details feels like a modern parable about ambition without foundation. The idea of low fees is alluring, yet without solid backing, it’s a house of cards. One could argue that trust scores are just surface reflections, not deep roots. Still, there’s a lesson here: diversification is key, and never put all your crypto in a single, untested pond. The market rewards both transparency and resilience.

Philip Smart
  • Philip Smart
  • October 17, 2025 AT 00:35

Yeah, they basically vanished overnight.

Jacob Moore
  • Jacob Moore
  • October 19, 2025 AT 08:09

Alright, if you’re scouting for alternatives, look at platforms with proven depth like Binance or Kraken. Their fees might be a tad higher, but the order books can absorb bigger trades without slippage. Also, check if they have insurance funds or regulatory compliance – those are safety nets. A quick tip: always test a small amount first to gauge withdrawal speeds.

Rama Julianto
  • Rama Julianto
  • October 21, 2025 AT 15:42

Listen, you don’t need to settle for “just a bit higher fees”. Nanu’s shady ops made a mockery of “competitive”. If you care about security, run to an exchange that’s audited and backed by real assets. The aggressive part? Don’t trust any platform that disappears without a trace. Do your due diligence, read the fine print, and stay woke.

Emily Kondrk
  • Emily Kondrk
  • October 23, 2025 AT 23:15

Man, the whole Nanu saga reeks of a covert operation gone rogue. It’s like the dark web decided to spin up a “crypto marketplace” just to watch users get burned. The trust score was nothing but a smoke screen, a façade to lure the unsuspecting. Regulatory bodies? Forget about it, they were probably in the shadows, sipping espresso while the platform spiraled. This is why I keep my vaults offline and my mind paranoid – you never know who’s pulling the strings.

Nathan Van Myall
  • Nathan Van Myall
  • October 26, 2025 AT 06:49

The collapse illustrates how fragile trust can be when it’s not anchored in transparency. Even the most sophisticated investors can be blindsided if they ignore the underlying infrastructure. It’s a stark reminder to examine the codebases and governance models before committing capital.

debby martha
  • debby martha
  • October 28, 2025 AT 14:22

Low volume, high risk, simple.

Ted Lucas
  • Ted Lucas
  • October 30, 2025 AT 21:55

Yo, the takeaway is crystal clear – cheap fees don’t equal cheap troubles. 💥 Keep your assets where the community can see the order flow and the support teams actually respond. If you need a safe harbor, stick with the big names that have proven resilience. 🌊

gayle Smith
  • gayle Smith
  • November 2, 2025 AT 05:29

Seriously, the drama of Nanu’s exit could fill a Netflix binge. It’s like watching a bad reality show where the contestant disappears mid‑episode and leaves everyone shouting “What the heck?!” The whole narrative was a circus of promises and vanishing acts. Trust me, you don’t want a front‑row seat to that chaos.

mark noopa
  • mark noopa
  • November 4, 2025 AT 13:02

When we dissect the rapid demise of Nanu Exchange, we encounter a cascade of systemic failures that serve as a cautionary tale for the entire crypto ecosystem. First, the allure of sub‑1‑percent maker fees creates a seductive veneer that masks deeper liquidity deficiencies, a fact that many traders overlook in their pursuit of cost‑saving strategies. Second, the platform’s trust score, while superficially impressive, was built on an opaque methodology that lacked third‑party verification, rendering it more of a marketing gimmick than a reliable metric. Third, the absence of robust regulatory oversight left users exposed to unilateral policy shifts without recourse, a vulnerability that manifested starkly when the exchange abruptly shut down. Fourth, the daily trading volume languished below one Bitcoin, a statistic that should have signaled a red flag to even the most casual observer. Fifth, the user interface, though polished, concealed critical information in fine print, effectively relegating essential disclosures to the background. Sixth, the lack of an insurance fund or reserve capital meant that users had no safety net to fall back on in times of distress. Seventh, the community support channels were slow to respond, amplifying frustration and eroding confidence. Eighth, the withdrawal mechanisms exhibited latency issues that, while minor at first, foreshadowed larger operational breakdowns. Ninth, the marketing narrative emphasized low fees over security, an inversion of priorities that proved disastrous. Tenth, the reliance on a single custodial solution introduced a single point of failure, an architectural flaw that cannot be ignored. Eleventh, peer reviews and audits were conspicuously absent, depriving the platform of external validation. Twelfth, competitors like Binance and Kraken, despite higher fees, offered deeper order books and regulatory compliance, underscoring the importance of volume and oversight. Thirteenth, the rapid loss of user trust translated into a swift exodus of capital, accelerating the platform’s downfall. Fourteenth, the episode illustrates how hype can outpace substance, leading to fragile ecosystems that crumble under pressure. Fifteenth, future investors must internalize these lessons, prioritizing transparency, liquidity, and governance over superficial fee advantages. In sum, Nanu’s story is not merely a footnote but a vivid illustration of why due diligence must extend beyond headline numbers.

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