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How & Where to Buy Nxt A Step-by-Step Guide to Buying NXT

  1. Sign up at CoinSwitch, the #1 rated NXT exchange.
  2. Fund your account with cash or crypto.
  3. Buy NxtNXT
  1. STEP 1Find the Best NXT Exchange
    • coinswitch reviews
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    Go to CoinSwitch and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Nxt NxtNXT quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy NXT with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for NXT.

Frequently Asked Questions About Buying & Selling Nxt (NXT)

How do I Buy NXT with Crypto?

If you want to buy NXT with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Nxt (NXT)?

To sell NXT, simply reverse the buying process described above. You will likely need to trade your NxtNXT into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Nxt Research Center

Nxt Technical Details & Statistics

  • Market Rank864
  • Market Cap18,927,124
  • Circulating Supply998,999,942
  • Total Supply998,999,942 NXT
  • Max Supply1,000,000,000
Yesterday's Trading
  • 24 HR Volume300,674 USD
  • Yesterday's High / Low---
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  • Yesterday's Change---
All Time Performance
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What is Nxt?

Nxt (NXT) is an open-source, decentralized cryptocurrency framework and platform which allows and facilitates the creation of new currencies called tokens. As one of the first “second generation” coins to ever be developed, it offered a wide variety of improvements on bitcoin, such as a decentralized voting system, DApps and a DAO system. Before Nxt, there was no such thing as a token, DApp or DAO. It was also one of the first coins to implement a Proof of Stake (PoS) security and coin rewarding system.

History of Nxt

Nxt was first proposed by anonymous Bitcointalk user and developer, BCNExt. It was announced on the forum in September 2013 as a 2nd generation cryptocurrency which inherited multiple features of bitcoin while improving heavily on its list of features. It was finally launched in November 2013. There was no ICO but 21 BTC were donated by earlt supporters of the concept. A total 1,000,000,000 coins were created and they were proportionately distributed among the 73 donors. The source code for Nxt was completely revealed in March 2014.

How Nxt Works

More than a currency, Nxt is a platform which facilitates multiple blockchain based endeavors. It provides a ready-made solution for users, professionals and even developers. Normal crypto users can use Nxt just like any other cryptocurrency network for sending and receiving money. Professional users can utilize its blockchain to offer financial instruments, records and models, maintain public & private records, maintain semi-public information, or create digital keys for physical assets. It can also be used to interchange different digital assets.

Developers can also utilize the DApps support to build a completely decentralized application and host it on the network as well. They can also use the existing APIs to add functionalities to their programs. For its services users pay a fee with NXT, the native currency.

Why Nxt?

Nxt, the first of its kind in platform-based cryptocurrencies, offers the following advantages to its users:

  • DApps Support. Nxt not only allows developers to distribute DApps, it actually helps them in creating and hosting the DApps. With the future of computing and Internet of Things relying heavily on DApps, the future remains bright for Nxt.
  • Launch Own Token: Similarly, the Nxt platform offers the creation of new coins easily and allows you to share, trade and store the coins as well. There is no need to write everything from scratch or trust centralized third parties for ICOs with its token creation system.
  • Data Storage: Nxt allows data to be stored in a decentralized way which can be retrieved on demand. This allows cheap, safe and faithless cloud storage for sensitive data, unlike having to trust commercial cloud storage services.
  • Decentralized Voting: This is another concept which Nxt supports which is beneficial for maintaining decentralized governance where everyone has a say. This concept is becoming popular among crypto users and Nxt offers “Out Of the Box” solutions for this.
  • Account Control: Organizations where multi-level clearance is needed for fund management can benefit from the multi-signature authorization of Nxt protocol, which also makes it suitable for DAOs to control transactions.
  • Faster Block Generation: Block generation time is 81 seconds for Nxt which allows faster transaction confirmation and data transfer on its network, reducing congestion and difficulties associated with the traditional PoW-type mining.