Nexo (NEXO) Tops 24-Hour Volume of $19.18 Million

Nexo (NEXO) traded 1.9% higher against the dollar during the twenty-four hour period ending at 12:00 PM ET on December 4th. Over the last seven days, Nexo has traded 5.2% higher against the dollar. One Nexo token can currently be bought for about $1.49 or 0.00001571 BTC on cryptocurrency exchanges. Nexo has a total market cap of $1.49 billion and approximately $19.18 million worth of Nexo was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.5% higher against the dollar and now trades at $94,958.76 or 1.00063343 BTC.
• SolvBTC (SOLVBTC) traded down 0.2% against the dollar and now trades at $94,609.73 or 0.99695545 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Nexo

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. Nexo’s official website is nexo.com. Nexo’s official message board is nexo.com/blog. 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 possible to buy alternative cryptocurrencies such as Nexo directly using US dollars. Investors seeking to acquire Nexo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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