Nexus is a community-focused project with a shared vision of a world inspired by innovative and responsible values, comprehensive technology, and a fundamental connection quality that is ubiquitous, free, and open to everyone. Nexus has been mined without an ICO or pre-mining since September 23, 2014. The platform is designed to simplify lives, empower communities, and facilitate businesses.
What is Nexus (NXS)?
Nexus is a powerful DApp and contract platform that serves as a seven-layer software stack powering a register-based transaction digital machine and creating value in various sectors. Development includes encrypted communication, digital identifiers, supply chain, asset management, cryptography, and tokens.
Nexus uses quantum-resistant signature schemes (FALCON) and a technology called ‘Signature Chains’ for automated key management functions. This technology eliminates key management issues (wallet.dat) by allowing users to access their accounts with a username, password, and PIN code.
Additional technology developed by Nexus includes a Decentralized Autonomous Organization (DAO) for governance, SafeNet – a tamper-resistant Operating System, sharding, a multi-dimensional chaining structure with low-latency transaction finality, and an interconnected decentralized satellite and network.
According to the platform’s statements, the creation of NXS is quite different from launching tokens through zero-cost ICOs. Instead, the NXS creation process involves mining (similar to BTC) or staking, giving a fundamental value to the currency supported by the physical resources required to create each NXS cryptocurrency.
Additionally, it is stated that there are 3 ways to obtain NXS:
- NXS coins can be purchased through the Nexus website or exchanges.
- Benefits can be obtained through staking NXS coins.
- NSX coins can be accessed through mining.
At the time of writing, Nexus Coin, trading at $1.23, is also being traded at 0.00002109 BTC in the NSX BTC trading pair. According to CoinMarketCap data, Nexus Coin ranks 377th with a trading volume of 86,104,789 USD and it is worth noting that the trading volume in the last 24 hours was 9,922,911 USD.
Additionally, Nexus Coin, which reached a record high of $15.86 on January 6, 2018, also saw its lowest level at $0.0007 on August 29, 2015. Furthermore, there are currently 70,031,441 Nexus Coins in circulation, and this number is expected to reach a maximum of 78,000,000 Nexus Coins.
Where to Buy NXS Coin?
NXS coins can be purchased quickly, securely, and easily via Binance, the world’s largest cryptocurrency exchange by trading volume.
To buy NXS Coin, one must first register on Binance and then send fiat money. After sending a fiat currency like Turkish Lira or dollars, purchasing NXS Coin can be done by buying Bitcoin (BTC) in the NXS trading pair.
In addition, at Binance, users can place orders to buy at a lower value than the market price. For this, it is sufficient to use the Limit tab and enter the amount and price you want to buy.
