Nexo Crypto Price Prediction, Value and Chart (NEXO)

Nexo (NEXO) Frequently Asked Questions

What is Nexo?

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. (Description provided by CryptoCompare)

How do I buy Nexo?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Nexo.

Where can I get Nexo wallet?

Nexo produces its own wallet software that is available for download on its website, which allows you to store Nexo on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Nexo?

One Nexo (NEXO) is currently worth $0.59 on major cryptocurrency exchanges. You can also exchange one Nexo for 0.00003019 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Nexo in U.S. dollars is $329.93 million.

What hashing algorithm does Nexo use?

Nexo is a coin that uses the ETH Token algorithm.

What coins are similar to Nexo?

The following coins use Nexo's ETH Token algorithm and proof-type: Binance USD, BITCOIN ADDITIONAL, Mammoth, Crypto.com Coin, Parkgene, Dai, DREP, DREP [old], THETA, yOUcash, Polygon, FTX Token, Chainlink, KickToken [old] and Magic Internet Money.

What is the Reddit page for Nexo?

The official Reddit community (subreddit) for Nexo is r/nexo.