Nxt (NXT) Trading Down 42.1% This Week

Nxt (NXT) traded up 0% against the dollar during the twenty-four hour period ending at 23:00 PM E.T. on July 22nd. One Nxt coin can now be purchased for approximately $0.0005 or 0.00000001 BTC on popular cryptocurrency exchanges. Nxt has a total market capitalization of $2.47 million and $2.10 worth of Nxt was traded on exchanges in the last day. During the last seven days, Nxt has traded 42.1% lower against the dollar.

About Nxt

NXT is a PoS/LPoS coin that uses the PoS hashing algorithm. It was first traded on November 24th, 2013. Nxt’s total supply is 998,999,942 coins. The official message board for Nxt is talk.jelurida.com. Nxt’s official website is www.jelurida.com/nxt. The Reddit community for Nxt is https://reddit.com/r/nxt and the currency’s Github account can be viewed here. Nxt’s official Twitter account is @nxtcommunity and its Facebook page is accessible here.

According to CryptoCompare, “Nxt is an open-source blockchain platform that was launched in November 2013 and is the first to rely entirely on a proof-of-stake consensus protocol. Written from scratch in Java, it has influenced many other projects and has proven to be one of the most tested and reliable platforms in the industry. Nxt has a user-friendly and decentralized asset exchange, and its simple but flexible architecture makes it easy for blockchain adoption. It has been live for over 6 years with no downtime, major bugs, or successful exploits and has a reputation as one of the most secure platforms in the industry.”

Buying and Selling Nxt

It is usually not possible to buy alternative cryptocurrencies such as Nxt directly using U.S. dollars. Investors seeking to trade Nxt should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nxt using one of the aforementioned exchanges.

NXT/USD price chart by TradingView