Nexus Trading Down 6.3% This Week (NXS)

Nexus (NXS) traded 1.4% higher against the dollar during the 24 hour period ending at 20:00 PM E.T. on September 22nd. One Nexus coin can currently be bought for $0.0540 or 0.00000279 BTC on exchanges. Over the last week, Nexus has traded down 6.3% against the dollar. Nexus has a total market capitalization of $4.00 million and approximately $1,458.00 worth of Nexus was traded on exchanges in the last day.

About Nexus

Nexus (CRYPTO:NXS) is a PoW/nPoS coin that uses the SHA3 hashing algorithm. Its launch date was September 23rd, 2014. Nexus’ total supply is 74,084,770 coins. Nexus’ official website is www.nexusearth.com. The Reddit community for Nexus is /r/nexusearth and the currency’s Github account can be viewed here. Nexus’ official Twitter account is @NxsEarth and its Facebook page is accessible here.

According to CryptoCompare, “Nexus is an innovative crypto currency – the coin runs off its own algorithm and has a well though through infrastructure that takes it beyond bitcoin and other 1 st generation crypto currencies – it has a checks and balances system for sending coins – where transactions can be retrieved if sent to a wrong address. The proof of stake rate is 2% up to a coin cap of 78 million.In a nutshell, Nominated Proof-of-Stake (nPoS) is the process of selecting validators to be allowed to participate in the consensus protocol. NPoS is a variation of Proof-of-Stake and is used in Substrate-based Blockchains such as Kusama, Edgeware or Polkadot.TelegramWhitepaper”

Buying and Selling Nexus

It is usually not possible to buy alternative cryptocurrencies such as Nexus directly using U.S. dollars. Investors seeking to acquire Nexus should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nexus using one of the exchanges listed above.

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