- #1582
Nexa NEXA
NEXA Price
Market Cap
$12.60 MRank #1582FDV
$14.97 MRank #1668Investors
X Followers
Detailed Performance
NEXA shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
NEXA to USD Converter
Price History
- All-Time High
- $0.0000419719.48x to ATH
- All-Time Low
- $0.000001611.34x to ATL
- Trade Launch Date
- 14 Jan, 2023
708 days ago
Exchanges
Exchanges type
About NEXA
Nexa is a digital currency project that has its own native cryptocurrency called NEX. It is built on a blockchain network using UTXO (Unspent Transaction Output) and PoW (Proof of Work) consensus mechanisms. The project aims to create a new digital economy and offers token functionality natively without the need for special smart contracts or token standards. Nexa also introduces the concept of native NFTs (Non-Fungible Tokens) and has plans to bring DeFi (Decentralized Finance) applications to its platform. The project has obtained a formal legal opinion and is listed on the BitMart exchange. The maximum supply of NEX coins is 21 trillion, with a scheduled distribution of 10 million NEX per block.
What makes Nexa unique?
Nexa stands out from other cryptocurrencies in several ways. Firstly, it is built and maintained by Bitcoin Unlimited, a reputable organization with over 70 years of combined experience in crypto. This expertise ensures the reliability and stability of the platform.
One unique feature of Nexa is its native token functionality. It allows users to create and utilize tokens without the need for special smart contracts or token standards like ERC-20. This simplifies the process and enhances the network effects and value of the tokens.
Additionally, Nexa offers native support for non-fungible tokens (NFTs). The project has obtained a legal opinion stating that Nexa tokens are considered commodities or utility tokens rather than securities, which adds to its regulatory compliance and usability.
Nexa also focuses on hardware scaling solutions, aiming to achieve a transaction processing speed of over 100,000 transactions per second (TPS). This is made possible through its proof-of-work algorithm, which incentivizes the creation of hardware that enhances transaction validation speed.
Lastly, Nexa aims to provide instant transactions, ensuring quick and efficient transfers of funds. This feature sets it apart from many other cryptocurrencies that may have longer confirmation times.
Overall, Nexa's combination of experienced development team, native token and NFT support, hardware scaling solutions, and instant transactions make it a unique and promising cryptocurrency option.
Live Nexa Price Data
The current price of Nexa (NEXA) is approximately $0.00000215, reflecting a decrease of -6.56% in the last 24 hours. The NEXA trading volume in the last 24 hours stands at $120,664.47. Nexa's market cap is currently $12.60 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of NEXA is 5.86 trillion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Nexa's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on NEXA, check out our crypto insights page.
Official Links
NEXA to USD Converter
Price History
- All-Time High
- $0.0000419719.48x to ATH
- All-Time Low
- $0.000001611.34x to ATL
- Trade Launch Date
- 14 Jan, 2023
708 days ago