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NEXO to MXN:
1 Nexo equals Mex$ 27.08 MXN-0.13%1D
NEXO to MXN:
1 Nexo equals Mex$ 27.08 MXN-0.13%1D
MXN
Page last updated: 2024-12-23 16:51 (UTC+0)
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Note: This information is for reference only.

Price of NEXO today

The live price of Nexo is Mex$ 27.08 per (NEXO / MXN) with a current market cap of Mex$ 17.50B MXN. 24-hour trading volume is Mex$ 147.38M MXN. NEXO to MXN price is updated in real-time. Nexo is -0.13% in the last 24 hours with a circulating supply of 646.15M.
NEXO Price History MXN
Date ComparisonAmount Change% Change
TodayMex$ -0.034491-0.13%
30 DaysMex$ -0.408911-1.49%
60 DaysMex$ 7.095263+35.50%
90 DaysMex$ 6.105999+29.11%

NEXO Market Information

24h Low & High
Low: Mex$ 26.21
High: Mex$ 27.22
The highest and lowest price paid for this asset in 24 hours.
All Time High
Mex$ 93.43
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+0.9%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-0.13%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-10.66%
The percentage change in price for this asset compared to 7 days ago.

NEXO Market Information

Popularity
#107
Popularity is based on the relative market cap of assets.
Market Cap
Mex$ 17.50B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
Mex$ 147.38M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
646.15M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
Mex$ 27.08B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2018-05-01

What Can You Do With Nexo (NEXO)?

Explore how to use your cryptocurrencies with Binance.

What is Nexo (NEXO)?

Nexo is a digital assets platform that enables clients to grow, manage, and preserve their crypto holdings. The project’s mission centers on supporting customer growth and offering solutions for long-term value, backed by around-the-clock client support.

Nexo combines technology with a client-centered approach, offering yields on flexible and fixed-term savings, crypto-backed loans, trading tools, and liquidity solutions, including a debit/credit crypto card. Nexo’s model emphasizes sustainability, strong infrastructure, security, and compliance with global licensing standards.

Nexo’s commitment to security is highlighted by certifications such as ISO 27001, ISO 27017, and ISO 27018, which ensure rigorous data protection and cloud security. Additionally, Nexo holds the Cloud Security Alliance's STAR Level 1 Certification and has completed a SOC 3 Type 2 audit, affirming its compliance with strict data privacy standards. Platform security is enhanced by industry-standard features, including 2FA, biometric data for account access, and SSL-secured connections, supported by 24/7 customer assistance.

The company maintains an over-collateralized lending policy with strict risk management to protect clients and ensure a sustainable operational model.

The NEXO Token, is Nexo’s native cryptocurrency, offering a wide range of benefits on the platform. NEXO Token holders can earn up to 12% annual interest on tokens held within both the Savings and Credit Line Wallets in their Nexo accounts. Additionally, owning NEXO Tokens grants entry into the Nexo Loyalty Program, providing valuable benefits such as higher yields on digital assets, up to 0.5% crypto cashback on purchases or swaps made via the Nexo Exchange, borrowing rates starting from 2.9% annual interest, and up to 2% crypto cashback when using the Nexo crypto credit/debit card, at the time of writing.

Nexo is available on Binance for trade and purchase. Nexo’s current price is updated on Binance in real-time.

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People Also Ask: Other Questions About Nexo

  1. What is NEXO Token Used For?

    The NEXO token serves multiple purposes within the NEXO platform, enhancing user engagement and offering financial benefits. It is utilized to earn interest on stored digital assets, access discounted rates on the platform's crypto-backed loans, and participate in governance through voting on key platform decisions. Additionally, holding NEXO tokens can qualify users for higher yields on savings and lower interest rates on credits. Its utility is designed to incentivize participation and investment within the NEXO ecosystem, thereby driving the platform's growth and value proposition for its users.

  2. How Do Network Consensus and Validation Work On Nexo?

    Nexo, being built on the Ethereum blockchain, inherits Ethereum's consensus and validation mechanisms. Ethereum currently uses a Proof-of-Stake (PoS) model, which involves validators rather than miners. In this system, validators are chosen to create new blocks and validate transactions based on the amount of cryptocurrency they hold and are willing to "stake" as collateral.

    When transactions occur on the Nexo platform, they are processed and validated according to Ethereum's underlying PoS consensus rules. This means that the security and integrity of Nexo's transactions are underpinned by the decentralized network of validators that secure the Ethereum blockchain, ensuring transactions are accurately recorded and immutable.

  3. Who Is the Founder Of Nexo?

    Founded by finance experts Kosta Kantchev, Antoni Trenchev, and Kalin Metodiev, CFA, Nexo launched in late 2018 following a private token sale that raised $52.5 million. The founders' collective expertise has positioned Nexo as a notable entity in the fintech and cryptocurrency realms, frequently featured in major financial news outlets.

  4. What is the Maximum and Circulating Token Supply of NEXO?

    NEXO has a circulating supply of 560,000,011 NEXO and a maximum supply of 1,000,000,000 NEXO tokens.

  5. What Makes Nexo Different From Others?

    Nexo aims to distinguish itself in the crowded digital asset management space through its comprehensive suite of financial services tailored for the cryptocurrency sector. Different from various competitors, Nexo provides a unified ecosystem that comprises immediate crypto-backed loans, interest-generating accounts, an efficient exchange, and the distinct Nexo Card, which allows users to utilize crypto without needing to sell it. Furthermore, its platform leverages the Ethereum blockchain, providing a secure and transparent environment. Nexo's approach to merging conventional financial services with up-to-date cryptocurrency features, like the first-ever crypto-backed credit card, aims to offer it some differentiation, positioning it as a comprehensive solution for cryptocurrency investors and users globally.

  6. How To Buy Nexo (NEXO)?

    Nexo (NEXO) can be purchased directly from Binance by using a debit or credit card. Nexo (NEXO) can also be traded for other cryptocurrencies on Binance. Live Nexo price is updated in real-time on Binance. NEXO price and purchase information is available for users to read on our How to Buy Nexo (NEXO) Guide.

NEXO to Local Currency

FiatPriceOperation
1 NEXO to USD$ 1.340826
1 NEXO to TRY₺ 47.22
1 NEXO to RUB₽ 135.68
1 NEXO to EUR€ 1.288533
1 NEXO to AEDد.إ 4.92083
1 NEXO to AUDA$ 2.145321
1 NEXO to BRLR$ 8.286303
1 NEXO to VND₫ 34,136.70
Last updated 2024/12/23 04:51 (UTC)

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