Nexo Price Tops $1.20 on Top Exchanges (NEXO)

Nexo (NEXO) traded 5% lower against the dollar during the 1 day period ending at 23:00 PM ET on April 17th. Nexo has a market cap of $671.42 million and approximately $4.82 million worth of Nexo was traded on exchanges in the last 24 hours. One Nexo token can currently be bought for $1.20 or 0.00001931 BTC on popular cryptocurrency exchanges. Over the last week, Nexo has traded 16.5% lower against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 0.8% against the dollar and now trades at $0.32 or 0.00000523 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.4% lower against the dollar and now trades at $0.0086 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Nexo Profile

Nexo was first traded on 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 website is nexo.com. Nexo’s official Twitter account is @nexo and its Facebook page is accessible here. Nexo’s official message board is nexo.com/blog.

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.”

Nexo Token Trading

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

NEXO/USD price chart by TradingView