Cryptocurrencies

Text

Introduction to the total issuance of NXT coin and the online exchange

Launched in 2013 as a Bitcoin blockchain fork, NXT combines cryptocurrency with unique features like asset management and decentralized voting.

Oct 01, 2024 at 04:05 pm

NXT Coin Introduction

NXT is a decentralized cryptocurrency launched in 2013 as a fork of the Bitcoin blockchain. It was developed by Jelurida, a software development company based in Serbia. NXT features various functionalities beyond simple cryptocurrency transactions, such as asset management, decentralized voting, and messaging.

Initial Coin Offering (ICO) and Total Supply

In 2013, Jelurida conducted an ICO for NXT, issuing 1 billion NXT coins. The ICO was successful, attracting significant investment and establishing NXT as one of the early pioneers in the cryptocurrency space.

Online Exchange Availability

NXT is listed on numerous cryptocurrency exchanges, including:

Binance
HitBTC
Bittrex
Poloniex
Cryptopia

These exchanges provide liquidity for NXT trading, allowing users to buy, sell, and trade the cryptocurrency with other currencies like Bitcoin, Ethereum, and fiat (e.g., USD or EUR).

Current Market Position

As of August 2023, NXT is ranked approximately 150th by market capitalization among all cryptocurrencies. While it was once considered a top-tier cryptocurrency, its market share has diminished over time due to the emergence of newer and more popular projects.

Main Features of NXT

In addition to its cryptocurrency functionality, NXT offers several unique features:

Asset Management: NXT allows users to create and manage custom assets on the blockchain, representing real-world assets such as stocks, bonds, or property.
Decentralized Voting: NXT supports decentralized voting mechanisms, enabling community members to participate in decision-making processes related to the platform's development.
Messaging: NXT provides a secure messaging system that allows users to send encrypted messages directly to each other without intermediaries.
Multi-Signature Accounts: NXT enables multiple users to control a single account, requiring multiple signatures for transactions, enhancing security.

Future Prospects

Jelurida continues to develop and maintain NXT, adding new features and functionalities to enhance its capabilities. The project also explores collaborations and partnerships with other blockchain projects to expand its utility. While the cryptocurrency market is highly volatile, NXT has demonstrated staying power and continues to have a loyal community of supporters.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

SHOGGOTH

$0.1461

105.44%

Trade Now
MIGGLES

$0.1344

82.20%

Trade Now
ANT

$3.74

48.60%

Trade Now
DEGEN

$0.0288

41.96%

Trade Now
VIRTUAL

$0.4884

40.95%

Trade Now
TON

$2.13

39.84%

Trade Now

Latest Crypto News

PM Modi's Aircraft Experiences Technical Issue, Return to Delhi Delayed After 'No-Flying Zone' Declared
2024-11-15 20:20:02
Pennsylvania May Soon Establish Bitcoin as a Strategic Reserve Asset
2024-11-15 20:20:02
DTX Exchange Races Past Milestones as Shiba Inu Investors Join Its Presale, Pushing Funds Above $7.6 Million
2024-11-15 20:10:01
Shiba Inu vs. Pepe Coin vs. Rexas Finance: Which One Will Grow Your Portfolio 10000% This Cycle?
2024-11-15 20:20:02
Dogecoin Surges after Trump’s Re-election, while Cardano Enters a Correction Phase, and Rollblock’s GambleFi Protocol Reaches New Highs with Strong Presale Performance
2024-11-15 20:20:02
The CREATE MORE Act: A Major Step in the Philippines' Drive to Become a Tech Leader in Southeast Asia
2024-11-15 20:30:01

Related knowledge

What is MONA coin? What can MONA coins do? How to store MONA coins?

Oct 09,2024 at 06:47pm

What is MONA Coin?MONA Coin (MONA) is a decentralized cryptocurrency and open-source blockchain platform.It was launched in January 2014 as a fork of the Litecoin blockchain.MONA Coin is designed to provide users with secure, private, and fast transactions.What Can MONA Coins Do?MONA Coins can be used for a variety of purposes, including: a. Sending and...

How to buy and trade MONA coins? Where to buy MONA coins?

Oct 08,2024 at 01:00pm

How to Buy and Trade MONA Coins?Where to Buy MONA Coins?1. Cryptocurrency Exchanges:HitBTC: A reputable exchange offering MONA trading pairs.Poloniex: Another popular exchange that supports MONA trading.Bittrex: A secure and reliable exchange that lists MONA.2. Peer-to-Peer Marketplaces:LocalBitcoins: A platform for buying and selling MONA with other in...

The issuance price and total issuance of MONA coins are learned in one article

Oct 03,2024 at 04:54pm

MONA Coin Issuance Details1. Issuance Price0.00001 BTC per MONA coin (as of October 2021)2. Total Issuance28.5 billion MONA coinsBackgroundMONA coin is a cryptocurrency based on the Bitcoin protocol that was launched in 2014. It is a privacy-focused coin that uses the CryptoNote protocol to provide enhanced anonymity.DistributionThe 28.5 billion MONA co...

What is the issuance and circulation of MONA coins?

Oct 01,2024 at 05:00pm

MONA Coin Issuance and CirculationMONA, short for Monetary Authority, is a cryptocurrency launched in January 2014. It is known for its focus on anonymity and decentralization.IssuancePre-mined: 50 million MONA coins were pre-mined during the launch.Proof of Work (PoW): All remaining MONA coins are issued through the PoW consensus mechanism.Halving: The...

On which platform can MONA coins be purchased? Recommended trading platforms for buying MONA coins

Oct 12,2024 at 10:06pm

How to Buy MONA Coins: A Guide to Recommended Trading Platforms1. Identify MONA Coin-Supporting ExchangesBittrex: A US-based exchange with a wide selection of altcoins, including MONA.Poloniex: Another reputable exchange known for its low trading fees and MONA support.HitBTC: An efficient exchange with competitive fees and a diverse range of cryptocurre...

What are the formal channels for buying MONA coins? Detailed explanation of MONA coin purchase channels

Oct 03,2024 at 12:48am

Formal Channels for Purchasing MONA CoinsMONA (MONAcoin) is a cryptocurrency based on Litecoin and was the first cryptocurrency to be created in Japan. It is currently available for purchase through several formal channels:1. Cryptocurrency ExchangesBittrex: A reputable and well-known cryptocurrency exchange that supports MONA trading pairs against BTC,...