Wrapped NXM Price Reaches $18.43 on Exchanges (WNXM)

Wrapped NXM (WNXM) traded down 6.4% against the US dollar during the 1-day period ending at 7:00 AM Eastern on May 14th. In the last seven days, Wrapped NXM has traded down 33.7% against the US dollar. Wrapped NXM has a total market cap of $30.91 million and approximately $1.08 million worth of Wrapped NXM was traded on exchanges in the last day. One Wrapped NXM coin can now be purchased for about $18.43 or 0.00063673 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

  • BITCOIN ADDITIONAL (BTCA) traded down 4.8% against the dollar and now trades at $28,946.34 or 1.00003103 BTC.
  • Binance USD (BUSD) traded up 0.2% against the dollar and now trades at $1.00 or 0.00003464 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded down 0.2% against the dollar and now trades at $1.00 or 0.00003449 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • Polygon (MATIC) traded down 12.1% against the dollar and now trades at $0.63 or 0.00002185 BTC.
  • yOUcash (YOUC) traded 0.1% lower against the dollar and now trades at $0.50 or 0.00001725 BTC.

Wrapped NXM Profile

WNXM is a coin. It was first traded on July 8th, 2020. Wrapped NXM’s total supply is 1,676,964 coins. Wrapped NXM’s official Twitter account is @NexusMutual and its Facebook page is accessible here. Wrapped NXM’s official website is nexusmutual.io.

According to CryptoCompare, “Nexus Mutual is a decentralized alternative to insurance.┬áIt has used blockchain technology to create a mutual (a risk-sharing pool) to return the power of insurance to the people. The platform is built on the Ethereum public chain. It allows anyone to become a member and buy cover. It replaces the idea of a traditional insurance company because it is wholly owned by the members. The model encourages engagement as members will get economic incentives for participating in Risk Assessment, Claims Assessment, and Governance. “

Buying and Selling Wrapped NXM

It is usually not possible to buy alternative cryptocurrencies such as Wrapped NXM directly using US dollars. Investors seeking to trade Wrapped NXM should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Wrapped NXM using one of the exchanges listed above.

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