Nexo Reaches 24-Hour Trading Volume of $11.73 Million (NEXO)

Nexo (NEXO) traded up 7.3% against the US dollar during the 1 day period ending at 11:00 AM E.T. on March 2nd. During the last seven days, Nexo has traded 9.4% lower against the US dollar. Nexo has a market capitalization of $1.21 billion and $11.73 million worth of Nexo was traded on exchanges in the last day. One Nexo token can currently be purchased for approximately $1.21 or 0.00001343 BTC on popular cryptocurrency exchanges.

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

• Taiko (TAIKO) traded 0.1% lower against the dollar and now trades at $0.97 or 0.00001081 BTC.
• 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 4.5% against the dollar and now trades at $88,467.70 or 0.98371597 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.3% higher against the dollar and now trades at $86,411.00 or 0.96084644 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Nexo Token Profile

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

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 presently possible to buy alternative cryptocurrencies such as Nexo directly using U.S. dollars. Investors seeking to trade Nexo should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nexo using one of the aforementioned exchanges.

NEXO/USD price chart by TradingView