Nexo (NEXO) Tops 24-Hour Volume of $15.53 Million

Nexo (NEXO) traded up 0.5% against the US dollar during the twenty-four hour period ending at 14:00 PM E.T. on June 10th. One Nexo token can now be purchased for $1.25 or 0.00001147 BTC on major exchanges. In the last seven days, Nexo has traded 0.4% lower against the US dollar. Nexo has a market cap of $1.25 billion and approximately $15.53 million worth of Nexo was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Central African Republic Meme (CAR) traded up 26.5% against the dollar and now trades at $0.0502 or 0.00000046 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 0.4% against the dollar and now trades at $108,751.62 or 1.00036055 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% higher against the dollar and now trades at $108,741.55 or 1.00026794 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. The Reddit community for Nexo is https://reddit.com/r/nexo and the currency’s Github account can be viewed here. Nexo’s official website is nexo.com. Nexo’s official message board is nexo.com/blog. 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.”

Buying and Selling Nexo

It is usually not presently possible to purchase alternative cryptocurrencies such as Nexo directly using U.S. dollars. Investors seeking to trade Nexo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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