• Nexus (NXS) Price

    The advent of cryptocurrencies has taken the world by storm. Bitcoin is the first player in this newly formed industry and in numerous ways, it has set the precedent for others to follow. Other cryptocurrencies out there have built their own models based on Bitcoin’s blockchain technology to create a truly decentralised currency run by peer-to-peer decentralised networks.

    However, Nexus, by its very design, means to take this to the next level, and we mean this quite literally. Its aim is to become an alternative to the limited financial choices that we face in today’s world. In addition to this, Nexus means to provide worldwide access to a monetary store of value/digital currency that is truly decentralised in every sense of the word and not controlled or compromised by any authority. In short, this decentralised monetary store of value should have no regulations and Nexus wants for everyone to have access to this, regardless of location or economic status.

    What is Nexus?

    To successfully achieve this, the monetary unit must have the ability to handle a countless number of transactions with utmost ease. So far, Ripple XRP is the only one that makes the list but it is meant for an entirely different purpose. Therefore, we are back to square one where we have decentralised currencies, but they are not as convenient as the regular money we use. Essentially, Nexus looks to overcome these drawbacks that Bitcoin and every other cryptocurrency faces. It seeks to fulfil the promise that Bitcoin made in its early days. However, solving this puzzle is a long, arduous process and so far, Nexus has only laid the groundwork. Although, if implemented, it has the potential to make an everlasting impact on the way we perceive financial transactions.

    That’s why, before we proceed further, it is important to realise that Nexus is one of those cryptocurrencies that will reward long-term, patient investors. It may be subjected to volatilities like every other altcoin out there, but you will see its true beauty only after the project is operational. Nexus is still in its development stage and even though its coins are available and its blockchain is up and running, the real world applications that Nexus aims at achieving are yet to be realised. Before you get your hopes up, it is important to understand that it is not going to happen anytime soon.

    That being said, let us understand what exactly is Nexus’ grand plan and how it aims to achieve it.

    Do you remember the bit where we mentioned that Nexus plans to address the two issues surrounding cryptocurrencies - absolute decentralisation and no regulation? Well, Nexus’ plan can be broken down into these two halves.

    Decentralisation in Nexus

    To achieve absolute decentralisation for its digital currency, Nexus has taken the traditional Bitcoin blockchain and transformed it into a three-dimensional chain. This three-dimensional chain, also known as 3DC, employs three different mining methods. As a result, decentralisation is increased since more contributors are working on the mining process. Furthermore, considering that the amount of data to be processed is reduced for each contributor, this also reduces the need for expensive mining machines that consume a lot of energy.

    In many ways, this is a big leap forward for cryptocurrencies. Satoshi Nakamoto intended for Bitcoin to be completely decentralised, but owing to the large computational power needed to mine it, only a few have the resources to mine Bitcoin. Therefore, this makes it centralised and defeats the entire purpose. Nexus addresses this issue through its revolutionary 3D Blockchain.

    We will try to explain how it works without getting really technical. In the Bitcoin blockchain, miners are competing against each other to process the incoming transactions and structure the same into a block so that it can be added to the blockchain. The first party to do so is rewarded with Bitcoin and the process repeats again.

    In the case of Nexus’ 3D Chain, incoming transactions are worked on a first-come-first-serve basis. Once these transactions are received, they are assigned ‘Weight’ and ‘Trust’ based on the number of acknowledgements received for them and the level of trust of those confirming these transactions. Once these transactions are verified, they are locked in to be validated. Essentially, these locked in transactions are waiting for the rest of the block data to arrive and be added to the chain. This locking in frees the resources on the Nexus network, thus enabling them to work on the next wave of transactions.

    In a way, the three dimensions of the blockchain serve three different purposes - verifying and creating signatures of the transactions, consolidating transactions into a single trust lock hash and lastly, completing the block. This is definitely an improvement over Bitcoin, wherein the entire process has to be completed before proceeding with the next set of transactions. This is the reason why transaction time in Nexus is significantly lesser than that of Bitcoin - many transactions are processed at the same time and they don’t have to wait for the addition of new block to the chain.

    As a result, several systems on the network are working together on these transactions, instead of competing against each other. You can perceive the Nexus 3DC as a huge mining pool. This improves the speed with which transactions are processed and enhances decentralisation greatly. Nexus 3DC utilises the three different channels (or locks) to verify and add transactions to the chain, and each channel uses a different consensus model. This, in turn, reduces the risk of miner centralisation which is the case with Bitcoin. Miners, in the case of Nexus, are rewarded based on their contribution to the block creation. This is the underlying principle of how Nexus 3D Blockchain works.

    The Security of Nexus

    The other issue that plagues these digital coins out there is security. This is one of the lesser known issues and contrary to popular belief, Bitcoin and its peers are susceptible to hacking. This has been explained in great detail by the founder of Ethereum, Vitalik Buterin, who wrote an article explaining the effect of quantum computers on the security of Bitcoin.

    Basically, the article states that the technology utilised in quantum computers is incredibly fast and powerful, to the extent that it can intercept transactions and potentially alter them, even before the latest block is added to the Bitcoin blockchain. Even though we are yet to witness Bitcoin’s security be broken, the emergence of quantum computers makes it only a matter of time before it happens.

    Nexus not only realised this potential flaw, but it also managed to overcome it during the development of its digital currency. Without getting too technical, all you have to know is that it uses the latest cryptographic technology (more advanced than that of Bitcoin) which is truly ‘designed to negate the threat posed by the quantum technology of the future.’ For instance, Bitcoin’s output is 256 bit, whereas the same for Nexus is 1024 bit, making it four times as secure. Similarly, Bitcoin private keys are 256 bit while Nexus private keys are 571 bit - the same technology that is utilised by the NSA. To put it in layman’s terms, it is super, super secure.

    No Regulation in Nexus

    So far, we have taken a look at how Nexus has addressed the decentralisation issue faced by Bitcoin and other cryptocurrencies out there. Now, do you remember the bit where we mentioned that Nexus also plans on becoming a monetary unit with no regulation whatsoever? Well, the second part deals with this and quite frankly, this is the most exciting bit.

    Let us go back to the example of Bitcoin. Even though it claims that it is decentralised, and to a certain extent, it is true. However, it still exists on the internet. Countries and government technology industries can easily block access to its cryptocurrency exchanges and completely ban trading through their firewalls. In fact, many countries are already contemplating this.

    But what if the cryptocurrency exists on a network other than the internet? The idea seems a bit too far-fetched but that is what Nexus is planning to do - to make its own internet. You can understand this better through the example of casino boats. Since laws prohibiting gambling don’t apply away from the shores, casino operators take their patrons out into the ocean or river channel before anyone is allowed to start gambling. Nexus’ idea is quite similar to this, except it plans to build its network in the space.

    Nexus, in partnership with Vector Space Systems, aims to establish a Low Earth Orbit (LEO) satellite network that will provide worldwide access to its digital currency. Nexus is slowly setting up the foundation to broadcast its blockchain and Nexus Network from space, with the help of LEO satellites. These satellites will relay data to the supporting ground network which will be set up by Nexus. This coherence between Nexus satellites and ground stations will create a complete mesh network which will run parallel to the internet. The best part is, it will be resistance to external control.

    So, to sum it up, Nexus’ technology is far more advanced and secured than that of Bitcoin and its peers, and it serves the purpose of being absolutely decentralised. To achieve the goal of no regulation, it plans on creating its own network with worldwide access, with the help of ground stations and Low Orbit Satellites. On paper, this sounds like a wonderful idea but only time will tell how far it can go. However, by the looks of it, it is the only cryptocurrency out there that has the potential to be truly decentralised with no regulation whatsoever.

    Where to buy Nexus (NXS) cryptocurrency?

    In order to buy NXS tokens, you will first need to purchase Bitcoin or Ethereum, and exchange the same for Nexus at any of these cryptocurrency exchanges - Cryptopia, Bittrex, Changelly, Binance, et cetera.

    Nexus Wallets

    The company behind Nexus has developed its own desktop NXS wallet for Windows, Mac, and Linux operating platforms. More information about these can be found on the official website of Nexus.

    Alternately, you can also look at hardware wallets like Nano Ledger S, given that they are far more secure and not vulnerable to hacking attacks.

    Nexus Mining

    As stated earlier, it is possible for anyone with a computer to mine NXS tokens. Unlike Bitcoin, mining Nexus does not require a great deal of computational power.

    Any system with a CPU can mine Nexus tokens using the Prime Channel. The reward in this case depends on the contribution you make towards the creation of the block. If you have a graphics card, then you can venture into advanced mining methods on the Hashing Channel.

    You can find more information on Nexus mining on the official website.

    Nexus Price Trends

    The price of Nexus cryptocurrency did not vary significantly up until the end of May 2017, post which the price started increasing. It is worth noticing that this happened around the same time other cryptocurrencies like Bitcoin and Ripple XRP started becoming popular. In a way, the massive boom in Bitcoin’s price emboldened investors to start looking at other digital currencies out there in the market.

    The table below mentions the variation in the price of Nexus cryptocurrency. The value of Nexus peaked in early January 2018, at around $14. After this, just like every other cryptocurrency, it’s value plummeted and at the time of writing this article, 1 Nexus token is worth $1.40.

    DateOpenHighLowCloseVolumeMarket Cap
    Nov 12, 2018 0.644569 0.647433 0.603607 0.620985 327,050 37,077,702
    Nov 11, 2018 0.649494 0.649529 0.629775 0.640858 141,659 38,264,277
    Nov 10, 2018 0.639257 0.660923 0.634209 0.650004 94,866 38,810,365
    Nov 09, 2018 0.651623 0.659868 0.621739 0.638942 252,912 38,149,876
    Nov 08, 2018 0.669985 0.670853 0.649264 0.651323 301,725 38,889,120
    Nov 07, 2018 0.669013 0.685743 0.656053 0.670156 329,632 40,013,598
    Nov 06, 2018 0.658552 0.671754 0.646364 0.668785 268,979 39,656,127
    Nov 05, 2018 0.657294 0.686503 0.645118 0.654088 350,963 39,054,212
    Nov 04, 2018 0.681454 0.682262 0.657074 0.659536 223,031 39,379,500
    Nov 03, 2018 0.692196 0.694151 0.676490 0.681454 149,965 40,688,178
    Nov 02, 2018 0.689783 0.707274 0.683051 0.692104 304,052 41,324,067
    Nov 01, 2018 0.676965 0.713228 0.676283 0.690270 342,112 41,198,441
    Oct 31, 2018 0.686550 0.696112 0.672006 0.676528 408,939 40,601,363
    Oct 30, 2018 0.701484 0.701484 0.673358 0.684398 284,872 41,884,146
    Oct 29, 2018 0.750388 0.755447 0.674414 0.700450 874,322 44,804,086
    Oct 28, 2018 0.771878 0.813444 0.748595 0.752362 2,541,570 46,087,229
    Oct 27, 2018 0.746325 0.778398 0.717296 0.745596 1,294,760 44,561,503
    Oct 26, 2018 0.703480 0.886479 0.703480 0.754181 5,649,970 42,003,276
    Oct 25, 2018 0.704042 0.728484 0.688224 0.705961 530,982 42,036,836
    Oct 24, 2018 0.652149 0.848533 0.649655 0.701406 1,833,920 38,938,443
    Oct 23, 2018 0.668111 0.673477 0.646433 0.657526 334,191 39,891,469
    Oct 22, 2018 0.665669 0.673668 0.657611 0.670970 385,776 39,745,680
    Oct 21, 2018 0.674360 0.689175 0.661667 0.666443 385,880 40,264,580
    Oct 20, 2018 0.666493 0.681739 0.654689 0.675816 487,735 39,794,867
    Oct 19, 2018 0.659886 0.691625 0.648403 0.667433 567,357 39,400,381
    Oct 18, 2018 0.678384 0.686829 0.641057 0.660534 560,763 39,649,503
    Oct 17, 2018 0.693123 0.696482 0.670503 0.675993 631,927 40,510,942
    Oct 16, 2018 0.689314 0.730868 0.670719 0.689422 668,375 40,288,346
    Oct 15, 2018 0.694440 0.746832 0.684369 0.690190 595,058 40,587,963
    Oct 14, 2018 0.689004 0.743303 0.689004 0.691503 597,185 40,270,231
    Oct 13, 2018 0.693702 0.714378 0.680094 0.687010 550,321 40,544,835
    Oct 12, 2018 0.648104 0.744802 0.636366 0.695566 1,052,900 37,879,769
    Oct 11, 2018 0.772137 0.774357 0.645605 0.657237 755,291 45,129,078
    Oct 10, 2018 0.798047 0.800911 0.745676 0.773889 922,963 46,643,455
    Oct 09, 2018 0.820987 0.827264 0.788440 0.801271 846,022 47,984,239
    Oct 08, 2018 0.820927 0.841212 0.809755 0.822295 683,465 47,980,734
    Oct 07, 2018 0.810900 0.856044 0.782406 0.816121 1,117,270 47,394,690
    Oct 06, 2018 0.808067 0.848739 0.788319 0.806855 985,879 47,229,126
    Oct 05, 2018 0.787926 0.846136 0.784304 0.809359 627,425 46,051,931
    Oct 04, 2018 0.778786 0.797942 0.776152 0.786660 627,023 45,517,714
    Oct 03, 2018 0.810495 0.810495 0.765469 0.779765 625,511 47,371,022
    Oct 02, 2018 0.814143 0.828060 0.809464 0.810679 563,820 47,584,246
    Oct 01, 2018 0.824902 0.844755 0.808340 0.817250 529,389 48,213,035
    Sep 30, 2018 0.843009 0.843009 0.808896 0.823712 629,886 49,271,370
    Sep 29, 2018 0.834278 0.849014 0.812209 0.844687 524,263 48,761,037
    Sep 28, 2018 0.853400 0.877903 0.823618 0.834849 590,772 49,878,710
    Sep 27, 2018 0.848182 0.864911 0.823229 0.853414 684,785 49,573,714
    Sep 26, 2018 0.836338 0.869170 0.829991 0.848153 700,780 48,881,438
    Sep 25, 2018 0.862252 0.862252 0.826339 0.836725 672,216 50,396,066
    Sep 24, 2018 0.894389 0.899449 0.849311 0.858991 651,534 52,274,362
    Sep 23, 2018 0.857341 0.902820 0.847043 0.890097 649,502 50,109,039
    Sep 22, 2018 0.900890 0.908686 0.827014 0.850673 729,965 52,654,317
    Sep 21, 2018 0.911984 0.944873 0.897026 0.900778 865,414 53,302,755
    Sep 20, 2018 0.917535 0.928443 0.884675 0.911279 702,438 53,627,203
    Sep 19, 2018 0.917507 0.944822 0.896685 0.919398 791,144 53,625,528
    Sep 18, 2018 0.901348 0.948328 0.875033 0.914436 1,078,600 52,681,121
    Sep 17, 2018 0.905777 1.10 0.859338 0.896845 1,528,400 52,939,940
    Sep 16, 2018 0.867282 0.917387 0.850650 0.903094 553,201 50,690,057
    Sep 15, 2018 0.856429 0.882389 0.850062 0.865574 474,128 50,055,742
    Sep 14, 2018 0.883972 0.907565 0.850607 0.859946 687,676 51,665,521
    Sep 13, 2018 0.837903 1.50 0.829193 0.882148 663,097 48,972,948
    Sep 12, 2018 0.796544 0.875961 0.771701 0.837038 733,116 46,555,648
    Sep 11, 2018 0.804484 0.813904 0.769307 0.789435 458,480 47,019,700
    Sep 10, 2018 0.837641 0.863048 0.779305 0.803509 561,930 48,957,613
    Sep 09, 2018 0.767123 0.892275 0.760614 0.838564 507,909 44,836,063
    Sep 08, 2018 0.846483 0.886739 0.763278 0.772255 506,957 49,474,397
    Sep 07, 2018 0.856660 0.870632 0.813576 0.838230 485,246 50,069,214
    Sep 06, 2018 0.887161 0.887161 0.797586 0.862632 755,090 51,851,917
    Sep 05, 2018 1.13 1.15 0.884848 0.884848 970,779 66,016,679
    Sep 04, 2018 1.09 1.23 1.08 1.12 1,170,480 63,551,951
    Sep 03, 2018 1.07 1.13 1.01 1.09 811,679 62,784,671
    Sep 02, 2018 1.04 1.17 1.04 1.08 1,286,270 60,866,510
    Sep 01, 2018 0.945799 1.06 0.936144 1.04 855,905 55,279,132
    Aug 31, 2018 0.936277 0.947679 0.909267 0.946237 606,620 54,722,580
    Aug 30, 2018 0.877521 0.970193 0.873878 0.937771 1,071,560 51,288,492
    Aug 29, 2018 0.907990 0.909018 0.859483 0.877135 557,030 53,069,318
    Aug 28, 2018 0.829360 0.918945 0.828858 0.901857 987,322 48,473,641
    Aug 27, 2018 0.787933 0.833979 0.785087 0.830972 614,607 46,052,318
    Aug 26, 2018 0.815096 0.815096 0.773812 0.788194 484,418 47,639,954
    Aug 25, 2018 0.814434 0.837013 0.805708 0.812848 534,558 47,601,257
    Aug 24, 2018 0.776518 0.829709 0.760277 0.812396 545,334 45,385,183
    Aug 23, 2018 0.736592 0.830302 0.734536 0.776497 645,764 43,051,628
    Aug 22, 2018 0.788869 0.834591 0.721294 0.733162 631,475 46,107,064
    Aug 21, 2018 0.777523 0.884503 0.765751 0.788919 1,124,410 45,443,894
    Aug 20, 2018 0.826215 0.842386 0.787327 0.788926 423,961 48,289,827
    Aug 19, 2018 0.793768 0.878267 0.781848 0.828129 609,583 46,393,363
    Aug 18, 2018 0.885828 0.887662 0.774711 0.794024 585,453 51,774,018
    Aug 17, 2018 0.764281 0.893646 0.758916 0.882373 699,661 44,669,938
    Aug 16, 2018 0.800796 0.812499 0.730578 0.770664 692,478 46,804,162
    Aug 15, 2018 0.729928 2.16 0.721063 0.803872 1,069,410 42,662,086
    Aug 14, 2018 0.815038 0.847632 0.667321 0.731203 877,587 47,636,512
    Aug 13, 2018 0.895750 0.955412 0.806641 0.814999 692,395 52,353,889
    Aug 12, 2018 0.878222 0.908137 0.856327 0.896155 453,554 51,329,450
    Aug 11, 2018 0.879472 0.913559 0.863971 0.883188 464,347 51,402,493
    Aug 10, 2018 0.960413 0.966204 0.869260 0.880136 563,925 56,133,268
    Aug 09, 2018 0.967308 0.989119 0.922337 0.954863 604,705 56,536,268
    Aug 08, 2018 1.01 1.01 0.921198 0.966089 540,297 59,114,773
    Aug 07, 2018 1.05 1.15 1.01 1.01 855,118 61,232,377
    Aug 06, 2018 1.04 1.06 1.03 1.05 726,554 60,963,629
    Aug 05, 2018 1.03 1.05 0.996653 1.04 619,399 60,196,041
    Aug 04, 2018 1.13 1.14 1.00 1.02 588,310 65,963,023
    Aug 03, 2018 1.17 1.17 1.03 1.13 1,036,870 68,616,128
    Aug 02, 2018 1.22 1.26 1.16 1.17 1,030,450 71,084,472
    Aug 01, 2018 1.22 1.24 1.14 1.22 833,095 71,594,474
    Jul 31, 2018 1.30 1.30 1.17 1.23 840,105 75,734,303
    Jul 30, 2018 1.39 1.39 1.25 1.30 924,797 81,120,368
    Jul 29, 2018 1.42 1.43 1.35 1.39 692,517 83,256,600
    Jul 28, 2018 1.45 1.46 1.40 1.42 777,885 84,958,584
    Jul 27, 2018 1.40 1.47 1.38 1.45 1,013,200 81,667,432
    Jul 26, 2018 1.47 1.49 1.39 1.40 1,335,360 85,655,856
    Jul 25, 2018 1.40 1.52 1.40 1.47 1,480,960 82,010,512
    Jul 24, 2018 1.41 1.47 1.39 1.43 1,851,140 82,305,952
    Jul 23, 2018 1.42 1.49 1.40 1.41 1,141,400 83,119,368
    Jul 22, 2018 1.40 1.49 1.39 1.42 1,357,580 81,479,088
    Jul 21, 2018 1.34 1.41 1.32 1.40 1,372,430 78,521,424
    Jul 20, 2018 1.60 1.60 1.35 1.36 2,187,060 93,141,240
    Jul 19, 2018 1.59 1.65 1.54 1.60 2,296,800 93,023,536
    Jul 18, 2018 1.51 1.68 1.51 1.58 2,497,310 88,313,432
    Jul 17, 2018 1.39 1.54 1.37 1.51 1,781,600 81,313,296
    Jul 16, 2018 1.30 1.40 1.30 1.40 1,373,860 75,961,408
    Jul 15, 2018 1.28 1.34 1.27 1.30 1,089,660 74,821,544
    Jul 14, 2018 1.29 1.31 1.27 1.28 1,367,430 75,293,984
    Jul 13, 2018 1.32 1.33 1.29 1.30 1,488,050 77,021,424
    Jul 12, 2018 1.40 1.44 1.29 1.31 1,471,160 81,529,392
    Jul 11, 2018 1.34 1.43 1.34 1.40 1,591,380 77,735,288
    Jul 10, 2018 1.43 1.44 1.31 1.34 1,519,830 83,357,848
    Jul 09, 2018 1.40 1.52 1.38 1.43 2,325,630 81,513,136
    Jul 08, 2018 1.46 1.47 1.36 1.39 1,903,310 84,847,896
    Jul 07, 2018 1.34 1.53 1.32 1.46 2,748,200 78,047,568
    Jul 06, 2018 1.41 1.42 1.30 1.34 1,716,420 81,816,984
    Jul 05, 2018 1.41 1.53 1.37 1.41 3,677,040 82,239,208
    Jul 04, 2018 1.26 1.57 1.24 1.43 4,429,640 73,153,968
    Jul 03, 2018 1.33 1.37 1.25 1.25 1,497,620 76,997,752
    Jul 02, 2018 1.21 2.08 1.20 1.33 2,153,550 70,070,552
    Jul 01, 2018 1.24 1.24 1.18 1.21 1,264,780 71,974,368
    Jun 30, 2018 1.14 1.29 1.14 1.24 1,589,940 66,232,968
    Jun 29, 2018 1.08 1.17 1.03 1.15 1,137,660 62,710,532
    Jun 28, 2018 1.18 1.19 1.08 1.08 1,527,710 68,233,136
    Jun 27, 2018 1.19 1.21 1.17 1.18 1,219,080 69,164,736
    Jun 26, 2018 1.22 1.26 1.20 1.20 955,740 70,918,840
    Jun 25, 2018 1.20 1.23 1.16 1.22 1,282,970 69,826,288
    Jun 24, 2018 1.32 1.32 1.11 1.20 1,758,760 76,548,920
    Jun 23, 2018 1.35 1.39 1.30 1.32 1,588,000 78,199,576
    Jun 22, 2018 1.55 1.55 1.32 1.35 2,080,570 89,500,472
    Jun 21, 2018 1.62 1.62 1.55 1.55 1,917,030 93,716,224
    Jun 20, 2018 1.54 1.64 1.49 1.61 2,226,150 89,224,528
    Jun 19, 2018 1.53 1.56 1.51 1.54 1,694,390 88,602,272
    Jun 18, 2018 1.45 1.54 1.44 1.53 1,847,580 83,853,440
    Jun 17, 2018 1.50 1.52 1.45 1.45 1,363,450 86,775,144
    Jun 16, 2018 1.43 1.53 1.42 1.51 1,477,870 82,575,872
    Jun 15, 2018 1.52 1.54 1.42 1.43 1,466,810 87,980,840
    Jun 14, 2018 1.41 1.56 1.40 1.52 2,771,410 81,241,048
    Jun 13, 2018 1.51 1.57 1.39 1.40 2,718,520 87,420,256
    Jun 12, 2018 1.67 1.70 1.48 1.51 3,394,800 96,136,080
    Jun 11, 2018 1.64 1.78 1.63 1.67 3,767,830 94,780,160
    Jun 10, 2018 1.95 1.95 1.57 1.64 3,647,290 112,278,784
    Jun 09, 2018 2.09 2.09 1.94 1.94 3,347,560 120,507,656
    Jun 08, 2018 2.26 2.26 2.06 2.09 5,277,510 130,296,488
    Jun 07, 2018 2.45 2.50 2.21 2.26 8,163,390 141,391,264
    Jun 06, 2018 2.61 3.20 2.33 2.44 27,095,700 150,641,104
    Jun 05, 2018 2.52 2.73 2.48 2.64 958,921 144,999,312
    Jun 04, 2018 2.72 2.73 2.48 2.53 834,134 156,819,312
    Jun 03, 2018 2.57 2.80 2.57 2.66 2,047,590 147,875,712
    Jun 02, 2018 2.36 2.65 2.34 2.57 1,111,050 135,567,520
    Jun 01, 2018 2.41 2.48 2.30 2.35 929,266 138,914,240
    May 31, 2018 2.47 2.54 2.36 2.40 1,801,560 142,041,808
    May 30, 2018 2.67 2.73 2.28 2.41 5,152,900 153,568,432
    May 29, 2018 2.06 2.67 2.05 2.64 6,982,380 118,616,704
    May 28, 2018 2.02 2.19 1.95 2.08 1,568,250 115,834,024
    May 27, 2018 1.95 2.02 1.93 2.01 487,317 112,135,912
    May 26, 2018 1.99 2.04 1.94 1.96 336,277 114,269,800
    May 25, 2018 2.10 2.15 1.97 1.99 1,027,600 120,781,456
    May 24, 2018 1.97 2.12 1.88 2.10 700,692 113,069,512
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    Risks associated with investing in Nexus

    Of all the cryptocurrencies out there, Nexus is the only one that truly fits the definition of being completely decentralised. It is not only the most secure cryptocurrency out there, but it is also working towards being the only cryptocurrency with no sort of regulation, whatsoever. It is only a matter of time before people realise its true potential.

    However, despite its impressive technology and the ambitious plan, it is still a cryptocurrency. This means that Nexus tokens are subject to high volatility and legal hurdles. Any crackdown on cryptocurrencies will dramatically impact its value.

    In such a scenario, mutual funds serve as a safer, viable investment and we urge you to consider this. They are absolutely legal and a lot more safer than cryptocurrencies.

    Disclaimer:

    "The Reserve Bank of India (RBI) and Ministry of Finance has frequently cautioned the users, holders and traders of virtual currencies regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with virtual currencies. RBI also further clarified that it has not given any licence/authorisation to any entity/company to operate schemes or deals related to Bitcoin or any virtual currency. RBI has also barred its regulated entities from dealing or providing services to any individual or business entities dealing with cryptocurrency. The Ministry of Finance has also officially stated that virtual currencies are not legal tender or coin.

    A&A Dukaan Financial Service Private Limited (“BankBazaar”) does not endorse investing or dealing in virtual currencies in any manner. The information provided on our website is solely for illustrative purposes and should not constitute investment advice or assistance in investing or dealing with crypto currencies. If you decide to invest or deal in cryptocurrencies, you should be aware that you will be dealing with the respective individuals or business entities dealing in cryptocurrency and BankBazaar has no role in any manner in such transactions or dealings. We strongly advise our visitors to invest in legally recognised financial instruments rather than risking their capital on virtual currencies which are unregulated instruments."

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