Nexo (NEXO) Tops 24 Hour Volume of $3.37 Million

Nexo (NEXO) traded up 1.7% against the dollar during the 24 hour period ending at 8:00 AM Eastern on October 21st. One Nexo token can now be bought for approximately $1.03 or 0.00001508 BTC on major cryptocurrency exchanges. During the last week, Nexo has traded up 1.6% against the dollar. Nexo has a market capitalization of $1.03 billion and $3.37 million worth of Nexo was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 17.8% against the dollar and now trades at $0.0944 or 0.00000138 BTC.
• P2P Solutions foundation (P2PS) traded up 2.4% against the dollar and now trades at $175.28 or 0.00256892 BTC.

Nexo Token Profile

Nexo launched on April 1st, 2018. Nexo’s total supply is 1,000,000,000 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 Twitter account is @nexo and its Facebook page is accessible here. Nexo’s official message board is nexo.com/blog. The official website for Nexo is nexo.com.

According to CryptoCompare, “NEXO is a utility token used within the NEXO platform, bridging the gap between traditional finance and the digital asset economy. NEXO users can borrow fiat or stablecoins by collateralizing cryptocurrencies. Furthermore, NEXO token holders are eligible to participate in platform decisions, emphasizing the platform’s community-centric philosophy. The token also offers holders up to 12% annual interest on the NEXO tokens held in their wallets. Moreover, holding NEXO tokens enrolls users in NEXO’s Loyalty Program, granting them higher yields on crypto and fiat currencies, preferential borrowing rates, and free crypto withdrawals. The NEXO token was created by Nexo AG, a FinTech group established in 2017, based in Zug, Switzerland, that blends traditional finance and blockchain technology.”

Buying and Selling Nexo

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

NEXO/USD price chart by TradingView