Nexo (NEXO) Trading Up 9.8% Over Last Week

Nexo (NEXO) traded down 3% against the dollar during the 24 hour period ending at 19:00 PM ET on March 18th. Nexo has a market cap of $360.46 million and approximately $4.34 million worth of Nexo was traded on exchanges in the last 24 hours. One Nexo token can currently be purchased for approximately $0.64 or 0.00002388 BTC on major cryptocurrency exchanges. In the last seven days, Nexo has traded 9.8% higher against the dollar.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 12.4% against the dollar and now trades at $0.40 or 0.00001486 BTC.
• Aidi Finance (BSC) (AIDI) traded 1.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 1.9% against the dollar and now trades at $0.0667 or 0.00000246 BTC.
• CareCoin (CARES) traded down 1.9% against the dollar and now trades at $0.0827 or 0.00000306 BTC.
• OmniaVerse (OMNIA) traded up 35.6% against the dollar and now trades at $0.0011 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded 1.9% lower against the dollar and now trades at $98.93 or 0.00365664 BTC.
• FEG Token (FEG) traded 1.9% lower against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% lower against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded 1.9% lower against the dollar and now trades at $7,190.88 or 0.26577750 BTC.
• Lego Coin (LEGO) traded 22.2% higher against the dollar and now trades at $0.0171 or 0.00000064 BTC.

Nexo Token Profile

Nexo’s launch date was April 1st, 2018. Nexo’s total supply is 1,000,000,000 tokens and its circulating supply is 560,000,011 tokens. The Reddit community for Nexo is https://reddit.com/r/nexo and the currency’s Github account can be viewed here. Nexo’s official message board is nexo.io/blog. Nexo’s official website is nexo.io. Nexo’s official Twitter account is @nexo and its Facebook page is accessible here.

According to CryptoCompare, “NEXO token is a utility token for the NEXO exchange. It is an ERC20 compliant token in the Ethereum network.
The NEXO platform allows users to lend and request loans backed by cryptocurrency.

NEXO Token holders receive up to 12% interest per annum, paid out daily, on the NEXO Tokens held in both the Savings and Credit Line wallets of their Nexo accounts. Plus, holding NEXO Tokens automatically makes users a part of Nexo’s Loyalty Program which enables the following:

Higher yields on crypto and fiat with our Earn suite.
Preferential borrowing rates for the Instant Crypto Credit Lines™.
Free crypto withdrawals.”

Buying and Selling Nexo

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

NEXO/USD price chart by TradingView