Nxt (CRYPTO:NXT) Price Hits $0.12

Nxt (CURRENCY:NXT) traded up 1.7% against the U.S. dollar during the one day period ending at 1:00 AM E.T. on March 16th. Nxt has a total market capitalization of $116.18 million and approximately $1.34 million worth of Nxt was traded on exchanges in the last day. One Nxt coin can now be bought for approximately $0.12 or 0.00001675 BTC on major cryptocurrency exchanges including Stocks.Exchange, C-CEX, LiteBit.eu and CoinEgg. In the last week, Nxt has traded 5% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last day:

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  • Qtum (QTUM) traded down 0.8% against the dollar and now trades at $13.16 or 0.00189427 BTC.
  • Lisk (LSK) traded down 0% against the dollar and now trades at $8.72 or 0.00125593 BTC.
  • Waves (WAVES) traded 1.4% higher against the dollar and now trades at $3.57 or 0.00051397 BTC.
  • NAV Coin (NAV) traded 0.3% lower against the dollar and now trades at $1.90 or 0.00016391 BTC.
  • Neblio (NEBL) traded 0.6% higher against the dollar and now trades at $7.60 or 0.00109404 BTC.
  • Blocknet (BLOCK) traded up 1.3% against the dollar and now trades at $13.27 or 0.00191082 BTC.
  • BitBay (BAY) traded 4.8% higher against the dollar and now trades at $0.0369 or 0.00000531 BTC.
  • WhiteCoin (XWC) traded 5.9% higher against the dollar and now trades at $0.0687 or 0.00000989 BTC.
  • BlackCoin (BLK) traded 0.6% higher against the dollar and now trades at $0.21 or 0.00002965 BTC.
  • Radium (RADS) traded 2.7% lower against the dollar and now trades at $3.86 or 0.00055650 BTC.

Nxt Coin Profile

Nxt is a PoS/LPoS coin that uses the Proof of Stake hashing algorithm. Its launch date was November 24th, 2013. Nxt’s total supply is 998,999,942 coins. Nxt’s official message board is nxtforum.org. The Reddit community for Nxt is /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. Nxt’s official website is nxt.org.

According to CryptoCompare, “Nxt is considered a 2nd generation crypto currency. With all the alt coins that alter parametes such as hashing mechanism, time between blocks, starting difficulty, and so on, Nxt brings much much more to the table and was designed this way for a number of reasons. It's proof of stake model makes it less susceptible to 51% attacks whilst it is designed to support large transaction volumes, something which the traditional Bitcoin and its clones have as a potential flaw. Nxt allows the creation and exchange of custom tokens, coloured coins and assets on the Blockchain. In 2016, the NXT team announced the launch of Ardor, the Nxt 2.0. The platform will allow users the same features as Nxt and additional tools like sidechain support for asset issuance and more. The destribution of the ARDR token was done through a snapshot process, which is the reason for the price spike during late 2016. “

Nxt Coin Trading

Nxt can be traded on these cryptocurrency exchanges: Poloniex, Nxt Asset Exchange, Livecoin, SouthXchange, Bittrex, CoinEgg, AEX, Stocks.Exchange, C-CEX, HitBTC, Bitcoin Indonesia and LiteBit.eu. It is not possible to buy Nxt directly using US dollars. Investors seeking to acquire Nxt must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nxt using one of the aforementioned exchanges.

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