- #6042
Nexus Dubai NXD
NXD Price
Market Cap
--Rank #6042FDV
$1.80 MRank #4933Detailed Performance
NXD shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
NXD to USD Converter
Price History
- All-Time High
- $4.40122250x to ATH
- All-Time Low
- $0.0000331.09x to ATL
- Trade Launch Date
- 6 Feb, 2022
944 days ago
Exchanges
Exchanges type
About NXD
Nexus Dubai refers to the Nexus Project, a partnership between various companies in the UAE, specifically in Dubai and Abu Dhabi. It is a retail network that aims to provide a common settlement system for retail stores, restaurants, and other businesses. The project offers the Nexus Token, which is initially issued by Polygon, a second layer of the Ethereum network. The Nexus Token is used for transactions and loyalty rewards within the Nexus network. The project also includes the development of an app called Spray, which will serve as a payment and loyalty solution for users. Overall, Nexus Dubai aims to improve the lives of users through a common settlement system and create a new economic zone.
What makes Nexus Dubai unique?
Nexus Dubai is unique compared to other cryptocurrencies for several reasons. Firstly, it is part of the UAEMerchant Network, which allows it to be used in various retail stores and restaurants in Dubai and Abu Dhabi. This gives Nexus Dubai a practical use and utility in everyday transactions.
Secondly, Nexus Dubai is initially issued by Polygon, a second layer of the Ethereum network. This means that it benefits from Polygon's fast processing and decentralization capabilities, addressing Ethereum's high fees and transaction issues. As a result, Nexus Dubai offers cheaper and faster transactions compared to other chains.
Additionally, Nexus Dubai offers opportunities for token accumulation and rewards through gameplay. By engaging in certain activities, users can earn tokens or coins that can later be redeemed for exciting rewards. This adds a gamified element to the cryptocurrency, making it more engaging for users.
Lastly, Nexus Dubai is part of the larger crypto ecosystem, being traded on various cryptocurrency exchanges alongside other cryptocurrencies. This provides users with the flexibility to trade and exchange Nexus Dubai for other digital assets.
Overall, the combination of practical use, fast processing, gameplay opportunities, and integration into the larger crypto ecosystem makes Nexus Dubai unique compared to other cryptocurrencies.
Live Nexus Dubai Price Data
The current price of Nexus Dubai (NXD) is approximately $0.000036, reflecting a decrease of -0.48% in the last 24 hours. The NXD trading volume in the last 24 hours stands at $90.78.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Nexus Dubai's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on NXD, check out our crypto insights page.
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Official Links
NXD to USD Converter
Price History
- All-Time High
- $4.40122250x to ATH
- All-Time Low
- $0.0000331.09x to ATL
- Trade Launch Date
- 6 Feb, 2022
944 days ago