Nexo Latest News
Nexo Stock Price Chart
Nexo Team Members
|Kalin Metodiev||Corporate Finance||-||-||-|
|Kamen Trendafilov||Finance Director||-||-||-|
|Plamen Todorov||Blockchain Developer||-||-||-|
|Teodora Atanasova||Business Development||-||-||-|
|Joro Yordanov||Product Designer||-||-||-|
|Boris Delev||Technical Lead||-||-||-|
|Yasen Damyanov||Business Development||-||-||-|
|Mario Krastev||Senior QA Specialist||-||-||-|
Nexo (NEXO) Price in USD with Live Chart & Market Cap
About Nexo :
NEXO is a Switzerland-based crypto platform where you can earn interest on your crypto holdings. The claim goes very from crypto to crypto. That gets approx somewhere around 6% to 12%. NEXT came on a blockchain-based crypto-backed loan system created by a European FinTech company named Credissimo. Users can use it by depositing supported crypto tokens into a Nexo wallet, including Bitcoin(BTC), Ether(ETH), XRP(XRP), and more fist currency, and receiving in...Read more
Fully Diluted Market Cap
Total Value Locked (TVL)
Volume / Market Cap
Nexo Price Chart US Dollar (NEXO/USD)
|#||Name||Price||% 1h||% 24h||MarketCap||Circulating Supply||Volume||7d|
|1||$1.85||1.89%||5.36%||$8.26 M||4,474,804||$1.71 M|
|2||$0.3124930204||-0.34%||-5.82%||$2.66 M||8,503,979||$170.72 K|
Nexo (NEXO) Price Live Statistics
Nexo price today is $2.56 USD, which is up by 3.47% over the last 24 hours. There has been an hourly dip by -0.21%. Nexo’s market cap currently sits at $1,433,650,000.00 USD, holding up for a market cap rank at #87. There is an downfall in the weekly values by -10.09% Yesterday’s opening price reports to be $2.45 USD while closing rates were $2.48 USD The high/low price for yesterday was $2.54 USD / $2.39 USD and the volume were at $11,441,971 USD The high and low price for 7 days is $2.83 USD / $2.45 USD , for 30 days is $3.36 USD / $2.45 USD and for 90 days is $3.36 USD / $1.42 USD Nexo ranks no 87 in the market capitalization of Nexo is at $1,433,650,000.00 and its volume for 24 hours is $9,255,880. 560.00 M Nexo are under circulation, with total supply of 1.00 B and the Maximum supply of 1.00 B.
Nexo has a local token, NEXO, that, when secured in the stage, awards clients advantages, for example, limits on interest gathered on credits and the chance to get interest installments on reserves saved. Token holders likewise get profits from Nexo's benefits.
The undertaking was first reported in December 2017, and it was dispatched in April 2018. Nexo is the world's leading organized financial institution for digital assets. It is not a startup. There is a record of 12 healthy years in Fintech and more than 2+ billion years process with NEXO.
Who Are the Founders of Nexo?
The NEXO was founded in 2017 by Antoni Trenchev, Georgi Shulev, and Kosta Kantchev. The team was financial professionals and crypto enthusiasts. NEXO offers deposit account and wallet to store
cryptocurrency, consumer loan, and debit card to purchase online/offline. In 2018, the platform launched the first crypto credit lines where digital asset grabs fiat and stablecoin loans against their cryptocurrency.
Nexo currently provides service to millions of users and handles over $4 billion in assets. The company currently has 150 employees, which is based in London.
What Makes Nexo Unique?
As indicated by its whitepaper, Nexo is the first supplier of moment cryptographic money upheld advances, and it expects to address failures in the loaning market. Its robotized loaning measure utilizes keen agreements and a prophet on the Ethereum blockchain to oversee credits. After a client moves digital currency to a Nexo-controlled wallet, the prophet builds up the advance, and the client is in a flash assigned the assets. When the client puts aside an installment to reimburse the advance, the prophet returns the digital money and records the exchange on the blockchain. Brilliant agreements are utilized to control NEXO and to record client adjustments.
Nexo is promoted to individual and institutional financial backers, cryptographic money organizations, trades, diggers, and other people who need liquidity from their resources. The organization creates again from the interest aggregated on credits, and it likewise offers institutional loaning and counseling administrations.
Nexo tries to assemble a customer base that keeps on utilizing the stage and remains put resources into NEXO. The organization reported a reliability program that reimburses the people who keep NEXO in their records, giving them particular financing costs on credits and more significant returns on reserve funds. Nexo additionally conveys 30% of its benefits to NEXO token holders as profits.
How Is the Nexo Network Secured?
Nexo is an exclusive organization and, in that capacity, is answerable for the security of its organizations and client reserves. Nexo stores its advanced resources with BitGo, a crypto-resource caretaker that keeps tokens in cool stockpiling wallets and is covered by a $100 million protection strategy. In November 2019, Nexo showed that the ISO/IEC 27001:2013 was declared in the wake of being examined by RINA and the Consortium for IT Software Quality.
Its local token, NEXO, is an ERC-20 token given on the Ethereum blockchain, implying that any on-chain NEXO exchanges are approved and gotten by the Ethereum mainnet utilizing its Ethash verification-of-work agreement calculation. Diggers contend with one another to add new squares to the blockchain, and a greater part of all hubs in the organization should approve a record for it to be posted.
Upon its dispatch, Nexo announced that its token had been "completely evaluated." In November 2019, the savvy contracts were autonomously inspected by Castillo Network, which tracked down no basic security issues.
How Many Nexo (NEXO) Coins Are There in Circulation?
Nexo is developed on the Ethereum(ETH) blockchain. The current rank of the NEXO is #88 on the coin market cap with 646.15 circulating supply and a 1.48 billion market cap. There is only 1.00 billion Nexo in total supply. The current 24h trading volume is $21.63 million with a fully diluted market cap of $2.31 billion.
How can you buy NEXO?
NEXO coin comes under the top 100 cryptocurrencies. It is available on all top exchanges for buying and trading. You can create an account on top exchanges In just three simple steps includes:
- Signup to exchanges
- Verify your identity and despite funds.
- Start buying and trading MARO.
Once your selected exchange verifies your identity, you can start buying and trading Ravencoin. Some top exchange names have been given below; please check them.
- Huobi Global
Many exchanges do not allow users to deposit fiat currencies like INR, EURS, USD, and many more. In this case, you can buy other stable cryptocurrency pairs such as USDT/NEXO, USDC/NEXO, BTC/NEXO, ETH/NEXO equivalent of your fiat currency. Then you can convert it to DRG.
Nexo Price Today
|Nexo Price||$2.56 USD|
|24 Hour High / Low||$2.6 USD / $2.37 USD|
|24 Hour Volume||$9,255,880|
Nexo Price Yesterday
|Yesterday's High / Low||$2.54 USD / $2.39 USD|
|Yesterday's Open / Close||$2.45 USD / $2.48 USD|
|Yesterday's Change||USD (1.38%)|
|Yesterday's Volume||$11,441,971 USD|
Nexo Price History
|7 Day High / Low||$2.83 USD / $2.45 USD|
|30 Day High / Low||$3.36 USD / $2.45 USD|
|90 Day High / Low||$1.42 USD / $3.36 USD|
|Circulating Supply||560.00 M|
|Total Supply||1.00 B|
|Max Supply||1.00 B|
|Nexo Price (BTC)||0.00004460|
|Nexo/Bitcoin Ratio||1 BTC = 0.0000068085 NEXO|
|Development status||Only token|
|Proof Type||Not mineable|