Episode 46: Nomination blocks explained
8th April 2024 | 29m 04s
In this episode, we help outline what a nomination lot is, how it works, the main benefits and the risks associated well. We finish with a simple 4 step process for you to take if considering a nomination lot yourself.
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Timestamps:
3:52 - What is a nomination block?
4:58 - How does a nomination block work?
6:50 - What are the main benefits of buying a nomination lot?
10:30 - What are the things to look out for or the risks associated with buying a nomination lot?
19:40 - DANGEROUS TRAP! Do NOT buy from a seller asking for more than the contract price
23:20 - 4 step process to take with nomination blocks