Nxt (CURRENCY:NXT) traded 8.8% higher against the dollar during the one day period ending at 12:00 PM E.T. on March 20th. During the last seven days, Nxt has traded 5.1% lower against the dollar. Nxt has a market capitalization of $143.10 million and $2.52 million worth of Nxt was traded on exchanges in the last day. One Nxt coin can currently be purchased for about $0.14 or 0.00001627 BTC on cryptocurrency exchanges including AEX, Bitcoin Indonesia, Livecoin and Nxt Asset Exchange.
Here’s how other cryptocurrencies have performed during the last day:
- Qtum (QTUM) traded up 35.9% against the dollar and now trades at $21.98 or 0.00249672 BTC.
- Lisk (LSK) traded 5.9% higher against the dollar and now trades at $13.60 or 0.00154496 BTC.
- Waves (WAVES) traded up 5.3% against the dollar and now trades at $5.02 or 0.00056976 BTC.
- Neblio (NEBL) traded 4.5% higher against the dollar and now trades at $9.34 or 0.00106100 BTC.
- NAV Coin (NAV) traded 0.3% lower against the dollar and now trades at $1.90 or 0.00016391 BTC.
- Blocknet (BLOCK) traded 3% higher against the dollar and now trades at $18.01 or 0.00204617 BTC.
- BitBay (BAY) traded up 2.7% against the dollar and now trades at $0.0454 or 0.00000516 BTC.
- WhiteCoin (XWC) traded up 0.3% against the dollar and now trades at $0.0961 or 0.00001124 BTC.
- BlackCoin (BLK) traded up 13.2% against the dollar and now trades at $0.26 or 0.00003054 BTC.
- Radium (RADS) traded down 0.9% against the dollar and now trades at $4.19 or 0.00049054 BTC.
Nxt is a PoS/LPoS coin that uses the Proof of Stake hashing algorithm. It launched on November 24th, 2013. Nxt’s total supply is 998,999,942 coins. The official message board for Nxt is nxtforum.org. Nxt’s official Twitter account is @NxtCommunity and its Facebook page is accessible here. The Reddit community for Nxt is /r/nxt and the currency’s Github account can be viewed here. The official website for Nxt is nxt.org.
According to CryptoCompare, “Nxt is considered a 2nd generation crypto currency. With all the alt coins that alter parametes such as hashing mechanism, time between blocks, starting difficulty, and so on, Nxt brings much much more to the table and was designed this way for a number of reasons. It's proof of stake model makes it less susceptible to 51% attacks whilst it is designed to support large transaction volumes, something which the traditional Bitcoin and its clones have as a potential flaw. Nxt allows the creation and exchange of custom tokens, coloured coins and assets on the Blockchain. In 2016, the NXT team announced the launch of Ardor, the Nxt 2.0. The platform will allow users the same features as Nxt and additional tools like sidechain support for asset issuance and more. The destribution of the ARDR token was done through a snapshot process, which is the reason for the price spike during late 2016. “
Buying and Selling Nxt
Nxt can be bought or sold on these cryptocurrency exchanges: Bittrex, LiteBit.eu, Livecoin, Poloniex, Stocks.Exchange, SouthXchange, HitBTC, C-CEX, CoinEgg, Nxt Asset Exchange, Bitcoin Indonesia and AEX. It is not possible to buy Nxt directly using U.S. dollars. Investors seeking to acquire Nxt must first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nxt using one of the exchanges listed above.
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