Nexo (NEXO) Trading 11.6% Higher This Week

Nexo (NEXO) traded 0.8% higher against the US dollar during the 24 hour period ending at 8:00 AM ET on February 13th. One Nexo token can now be purchased for $0.82 or 0.00001217 BTC on cryptocurrency exchanges. In the last seven days, Nexo has traded up 11.6% against the US dollar. Nexo has a total market cap of $816.39 million and approximately $11.34 million worth of Nexo was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• 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.
• 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.6% higher against the dollar and now trades at $67,867.34 or 0.99976680 BTC.
• SolvBTC (SOLVBTC) traded down 1.2% against the dollar and now trades at $66,704.55 or 0.99423852 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Nexo Profile

Nexo was first traded on 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 Twitter account is @nexo and its Facebook page is accessible here. The official website for Nexo is nexo.com. The official message board for Nexo is nexo.com/blog.

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 purchase alternative cryptocurrencies such as Nexo directly using US dollars. Investors seeking to trade Nexo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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