A new platform has made a hype among investors lately. It’s Nova NFT. The platform promises an opportunity to do modern financial trade and reach out to the global market.
But can you do that sitting in India?
If you can, should you trust the platform? After all, it promises a lucrative opportunity!
Why not try the luck one last time?
Before you jump on it, learn about its key cons, such as withdrawal issues and legal obligations. Understanding that will help you gauge your risk factors. So, let’s uncover the basic details of Nova NFT you should consider.
Is Nova NFT Safe?
If you are thinking of logging in to the platform, then think twice before hitting that download button.
Nova NFT may sound like the next big thing in crypto, but it’s actually a serious red flag. As of December 2025, cybersecurity experts and financial regulators have officially flagged Nova NFT as a malicious application.
Instead of helping users grow digital assets, it is designed to do the opposite, stealing funds and harvesting personal information without users even realising it.
What looks like an exciting opportunity can quickly turn into a costly mistake, making Nova NFT something you should avoid installing at all costs.
However, Nova NFT promises its users to give back the investors’ money invested in Treasure NFT. A message in the “X” platform gives a warning to the user.
You can watch similar messages on other social media, such as YouTube, etc.
It says that the money will be invested after 10 months in EMIs. However, the new Nova users have to deposit money to use the platform.
Is it justifiable?
Is there any certainty that users will not be fooled this time? No!
The best way to prove that both companies are the same is by visiting the Nova NFT website and clicking on the “How to Buy” link. It will open the Treasure NFT website.
It also has an app on the Google Play Store. However, the overall rating is only a 1.2-star rating out of 1.86k reviews and 100K+ downloads is a major red flag.
Even if you trust the platform, will that be a healthy trade?
The platform frequently demands additional payments for “taxes,” “security fees,” or “verification” before supposedly releasing funds. This is a classic tactic to steal even more money.
However, claims made by Nova NFT about algorithmic trading and partnership with BlackRock have made its operations questionable in India.
Why? We will focus on it in the next sections. Hence, these signs are a clear indication of a fraudulent application.
Red Flags of Nova NFT
There are also certain red flags you should consider before trusting the platform. Nova NFT lacks its safety quotients in the following factors.
- Nova NFT does not offer any clear terms and conditions or guidelines for trading on the platform.
- Information related to the company, registration, address, location, and contact numbers is not publicly available.
- The platform does not provide any confirmed blockchain data.
- It also does not offer any guaranteed income.
- There is no official claim supporting the rumour that Nova NFT is funded by BlackRock.
With the absence of all this crucial information, investing in Nova NFT bears a lot of risk. And with the addition of numerous complaints from users across the world, be extra cautious with your money.
Nova NFT Complaints
Both the Play Store and App Store are flooded with numerous complaints against Nova NFT. What if you become the next in line? Before you make any wrong decision, review these complaints.
Among many other issues, withdrawal problems are at the cornerstone. The snapshot says a lot about the app!
The victim says Nova NFT is delaying payment with false announcements. Moreover, they are asking for additional payment to withdraw money.
Why? Do you think it’s ethical? What is the guarantee that after making an additional payment, you will be able to withdraw from the wallet? You might not!
Many people have reported Nova NFT as a scam. Especially, this complaint raised on the App Store is important.
The users say the app has violated the standard community principles. It did not offer technical help when needed. Moreover, the user has lost money on the platform, which is prompting the need to open a new NFT account.
Do you need more clarity on what can go wrong? If yes, then the next complaint will clear your doubt.
Technical glitches add another layer of disappointment when you trade on the platform. Even hiding the principal amount periodically makes the system fishy. The complaint is all about these.
However, will you feel confident in using the platform if you cannot see the USDT you have earned? If not, step back and think before investing a lot!
How to Report Trading Scams?
There is a way out, despite trading NFTs being unregulated in India. If you are facing withdrawal issues lately, let’s have a look at the steps you should take.
- Document all the communication details, such as chat transcripts, call recordings, messages, and other information.
- Call your bank to stop any unauthorised transactions.
- Report to the Nova NFT customer care number with all the proofs you have.
- Lodge an FIR at the nearest cybercrime police station.
- File a complaint in cyber crime.
Need Help?
Register with us as we assist victims in preparing the drafts of complaints, negotiating with the broker, and seeking a refund.
When it becomes impossible to understand the legal complications to get justice, we come forward to help clients achieve a settlement or follow legal processes.
To date, we have solved 15,000+ scam cases and recovered crores of rupees.
Conclusion
When it becomes difficult to choose between right and wrong, asking for an expert’s help is the best recourse.
NFT trading seems an easier solution initially, but getting justice in case of any mishaps is more difficult than trading shares.
Therefore, make decisions based on in-depth research and analysis. Otherwise, feel free to exploit our expertise.
