Nexo Price Up 4.5% This Week (NEXO)

Nexo (NEXO) traded up 3.5% against the U.S. dollar during the 24 hour period ending at 7:00 AM Eastern on December 7th. One Nexo token can now be bought for approximately $1.00 or 0.00001120 BTC on major cryptocurrency exchanges. Nexo has a market cap of $1.00 billion and $11.70 million worth of Nexo was traded on exchanges in the last 24 hours. Over the last week, Nexo has traded 4.5% higher against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 0.2% lower against the dollar and now trades at $89,359.28 or 1.00061846 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Nexo

Nexo launched on April 1st, 2018. Nexo’s total supply is 1,000,000,000 tokens. The official message board for Nexo is nexo.com/blog. The official website for Nexo is nexo.com. 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.

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 U.S. dollars. Investors seeking to acquire Nexo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nexo using one of the exchanges listed above.

NEXO/USD price chart by TradingView