Nexo Price Reaches $0.64 on Exchanges (NEXO)

Nexo (NEXO) traded down 2.8% against the dollar during the 1 day period ending at 7:00 AM E.T. on March 19th. One Nexo token can currently be purchased for about $0.64 or 0.00002373 BTC on major cryptocurrency exchanges. Nexo has a total market capitalization of $360.22 million and approximately $3.92 million worth of Nexo was traded on exchanges in the last 24 hours. In the last week, Nexo has traded up 9.9% against the dollar.

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

• KILT Protocol (KILT) traded 8.1% lower against the dollar and now trades at $0.40 or 0.00001485 BTC.
• Aidi Finance (BSC) (AIDI) traded 0.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2% against the dollar and now trades at $0.0675 or 0.00000249 BTC.
• CareCoin (CARES) traded down 2% against the dollar and now trades at $0.0838 or 0.00000309 BTC.
• OmniaVerse (OMNIA) traded up 32.1% against the dollar and now trades at $0.0012 or 0.00000005 BTC.
• Kitty Inu (KITTY) traded 2% lower against the dollar and now trades at $100.18 or 0.00369343 BTC.
• FEG Token (FEG) traded down 2% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded down 3.8% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded 2% lower against the dollar and now trades at $7,281.35 or 0.26845178 BTC.
• Lego Coin (LEGO) traded 8.5% lower against the dollar and now trades at $0.0163 or 0.00000060 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. Nexo’s official message board is nexo.io/blog. 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. The official website for Nexo is nexo.io.

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.”

Nexo Token Trading

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

NEXO/USD price chart by TradingView