Nexo (NEXO) Price Hits $1.08 on Top Exchanges

Nexo (NEXO) traded down 0.2% against the US dollar during the 1-day period ending at 12:00 PM Eastern on March 30th. One Nexo token can currently be purchased for approximately $1.08 or 0.00001302 BTC on major cryptocurrency exchanges. Nexo has a total market cap of $1.08 billion and $13.37 million worth of Nexo was traded on exchanges in the last 24 hours. In the last week, Nexo has traded down 6.2% against the US dollar.

Here’s how similar cryptocurrencies have performed in 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.4% against the dollar and now trades at $82,678.92 or 0.99954542 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0% lower against the dollar and now trades at $82,296.84 or 0.99492632 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.

Nexo Profile

Nexo’s launch date was April 1st, 2018. Nexo’s total supply is 1,000,000,000 tokens. Nexo’s official message board 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. 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 you a part of Nexo’s Loyalty Program which gives you: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 possible to buy alternative cryptocurrencies such as Nexo directly using US dollars. Investors seeking to trade Nexo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nexo using one of the aforementioned exchanges.

NEXO/USD price chart by TradingView