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Nxt (NXT) Price

The Nxt (NXT) cryptocurrency relies on an open source blockchain platform. It also makes use of a payment network. Here are more details about how the platform works and the price changes of the cryptocurrency.

Decentralised cryptocurrencies are something that all of us are quite familiar with. The dramatic surge in the value of Bitcoin took the world by storm and started a revolution in the field of blockchain technology. As a result, many developers came up with their own range of cryptocurrencies built on the back of Bitcoin blockchain, while others went down a different path to develop their own blockchain with applications far beyond the typical virtual currencies.

Nxt is one such platform which took the technology behind the first generation cryptos like Bitcoin and improvised on it from scratch to come up with 'Blockchain 2.0.'

What is Nxt?

Simply put, Nxt is an open source blockchain platform and a payment network with many features, all of which rely on its blockchain technology. These core features are:

Decentralised Asset Exchange - The Nxt Asset Exchange is a peer-to-peer exchange that can be used for trading in Nxt Assets. Considering that it is built into the Nxt blockchain, the Nxt Asset Exchange is a decentralised entity and it eliminates the need for transferring assets to a third party. The Nxt Assets can be utilised to represent anything of value, ranging from Bitcoin to airline miles, and are built on the top of Nxt blockchain.
Marketplace - Nxt Marketplace is another exciting feature offered by the Nxt platform wherein, users can list their digital goods for sale, without the use of middlemen or third-party sites. The items are listed on the Nxt blockchain and transactions are done directly between the buyer and the seller.
Data Cloud - The data cloud service offered by Nxt is nothing but a decentralised data storage system. In this case, the Nxt blockchain is utilised to store user-defined data, thus providing a secure, permanent and an immutable record of information. This makes it suitable for storing crucial documents like contracts, wills, licences, et cetera.
Monetary System - With the help of Nxt Monetary System, users can create their own currencies with the ability to back them up with NXT tokens. These currencies can be traded on the decentralised Nxt Asset Exchange or external exchanges.

The other features include voting, messaging, creating aliases, coin shuffling, et cetera.

With Nxt, it is also possible to create applications on its blockchain.

Hence, it can be seen that Nxt has taken the traditional blockchain and enhanced it to make it feasible for a whole range of decentralised applications. Instead of relying on third-party sites, users can utilise the Nxt platform to interact with other users directly, be it for exchanging assets, buying or selling digital goods, or creating their own currency. And needless to mention, the information of all Nxt transactions are embedded on the Nxt blockchain.

In order to utilise these services in the Nxt blockchain ecosystem, users need to pay fees with NXT tokens. You can think of NXT as the native cryptocurrency that is essential for the functioning of the Nxt platform. NXT tokens are also utilised to create assets, decentralised polls, storing data on the Nxt blockchain, pay transaction fees, et cetera.

A total of 1 billion NXT tokens were created by the developers with no provision for mining, whatsoever. Therefore, the supply of NXT tokens is finite and all the NXT coins that ever will be, have already been created.

Where to buy NXT cryptocurrency?

NXT tokens are available for purchase on the leading cryptocurrency exchanges like Bittrex, Changelly, Stocks.Exchange, HitBTC, Poloniex, Aex.com, CCEX, and many more.

NXT Wallet

The best way to store NXT tokens is by utilising the official NXT wallet, available on the website of Nxt Platform. This is available across all the major operating platforms like Windows, Linux, Mac, and Android.

Apart from the official wallet, users can also look into other popular variants out there like Jaxx, Nano Ledger S, et cetera.

NXT Token Mining

As mentioned earlier, a total of 1 billion NXT tokens have already been created with no provision for further creation. Furthermore, Nxt utilises proof-of-stake model in order to reach consensus, which means that it is not possible to mine NXT tokens.

NXT Price Trends

Just like every other cryptocurrency in the market, the price of NXT token moved up dramatically towards the end of 2017, although this spike was not as massive as that of other cryptos like Bitcoin and Ether. 1 NXT token was worth approximately 0.066 USD in October 2017, and the same in late December was worth roughly $1.70. Needless to mention, NXT failed to sustain this rally for long and its price dropped soon thereafter.

Date	Open	High	Low	Close	Volume	Market Cap
Nov 12, 2018	0.065551	0.065551	0.063743	0.064099	547,231	64,034,797
Nov 11, 2018	0.066408	0.066693	0.064470	0.065402	779,996	65,336,894
Nov 10, 2018	0.063760	0.066711	0.063209	0.066360	708,878	66,294,036
Nov 09, 2018	0.066950	0.068033	0.063136	0.063724	1,104,010	63,660,272
Nov 08, 2018	0.070258	0.070413	0.065653	0.066861	1,321,450	66,793,735
Nov 07, 2018	0.064473	0.070465	0.064211	0.070465	1,028,460	70,394,731
Nov 06, 2018	0.064161	0.064449	0.063297	0.064393	842,051	64,038,993
Nov 05, 2018	0.064509	0.064601	0.063224	0.064321	1,112,390	64,256,176
Nov 04, 2018	0.063102	0.064480	0.061798	0.064371	1,605,830	64,306,226
Nov 03, 2018	0.063335	0.064047	0.062729	0.063371	1,019,530	63,307,525
Nov 02, 2018	0.063699	0.065406	0.062891	0.063459	1,660,440	63,395,937
Nov 01, 2018	0.063322	0.065065	0.062653	0.063415	995,132	59,939,996
Oct 31, 2018	0.065312	0.065503	0.062466	0.063990	1,140,770	59,939,996
Oct 30, 2018	0.067421	0.067722	0.063934	0.065019	1,499,760	67,354,003
Oct 29, 2018	0.060808	0.070061	0.060674	0.067654	4,300,010	60,747,552
Oct 28, 2018	0.059421	0.060959	0.058937	0.060959	972,954	59,361,772
Oct 27, 2018	0.060467	0.060948	0.059013	0.059438	814,066	60,406,586
Oct 26, 2018	0.059303	0.061268	0.059100	0.060200	1,183,220	59,243,270
Oct 25, 2018	0.059106	0.060122	0.058315	0.059430	1,282,970	59,047,315
Oct 24, 2018	0.058979	0.060522	0.058771	0.059310	1,131,780	58,920,205
Oct 23, 2018	0.059952	0.060808	0.057763	0.059209	997,634	59,891,927
Oct 22, 2018	0.059688	0.061850	0.059184	0.060355	1,039,990	59,628,195
Oct 21, 2018	0.059949	0.062129	0.059199	0.059751	829,431	59,888,898
Oct 20, 2018	0.059997	0.061209	0.059015	0.059998	854,939	59,936,839
Oct 19, 2018	0.060878	0.061101	0.059767	0.060127	747,121	60,817,469
Oct 18, 2018	0.060415	0.061331	0.059925	0.060932	638,069	60,354,470
Oct 17, 2018	0.060378	0.061863	0.059691	0.060180	1,100,400	60,317,760
Oct 16, 2018	0.062825	0.062945	0.059586	0.060027	1,130,320	62,762,076
Oct 15, 2018	0.060188	0.066214	0.059165	0.062063	1,285,470	60,127,651
Oct 14, 2018	0.060584	0.062818	0.060019	0.060835	1,169,170	60,523,823
Oct 13, 2018	0.062130	0.063003	0.060261	0.060683	1,193,520	62,067,856
Oct 12, 2018	0.060190	0.063011	0.059187	0.061479	1,381,150	60,129,732
Oct 11, 2018	0.066127	0.066368	0.059503	0.060296	1,273,430	66,060,693
Oct 10, 2018	0.067133	0.067133	0.065145	0.066268	1,141,780	67,065,828
Oct 09, 2018	0.067867	0.068110	0.065885	0.066801	796,499	67,799,125
Oct 08, 2018	0.067217	0.068265	0.065326	0.067701	1,098,570	67,149,414
Oct 07, 2018	0.066831	0.067564	0.065384	0.067514	1,662,320	66,763,726
Oct 06, 2018	0.068102	0.068330	0.065407	0.067127	1,392,650	68,034,075
Oct 05, 2018	0.065972	0.068128	0.065244	0.067848	1,332,860	65,906,255
Oct 04, 2018	0.065282	0.067445	0.063686	0.066215	1,489,890	65,216,634
Oct 03, 2018	0.067825	0.067825	0.063417	0.064610	1,300,050	67,757,548
Oct 02, 2018	0.067337	0.071404	0.066313	0.067049	1,311,260	67,269,971
Oct 01, 2018	0.068693	0.069556	0.067020	0.067675	1,319,430	68,624,717
Sep 30, 2018	0.069398	0.070071	0.067780	0.069127	1,357,000	69,328,137
Sep 29, 2018	0.069451	0.069943	0.067865	0.069229	1,222,320	69,381,237
Sep 28, 2018	0.070136	0.071781	0.069257	0.069747	1,225,690	70,065,461
Sep 27, 2018	0.069315	0.071415	0.068045	0.070720	1,309,100	69,245,548
Sep 26, 2018	0.068929	0.070065	0.066939	0.069373	1,607,600	68,859,979
Sep 25, 2018	0.071523	0.072109	0.067946	0.069026	1,602,080	71,451,789
Sep 24, 2018	0.073678	0.075071	0.070511	0.071551	1,614,250	73,604,252
Sep 23, 2018	0.072497	0.075678	0.072051	0.073599	1,937,250	72,424,814
Sep 22, 2018	0.073972	0.075628	0.070856	0.072274	2,104,570	73,898,204
Sep 21, 2018	0.069054	0.073866	0.068363	0.073528	2,121,870	68,984,875
Sep 20, 2018	0.065772	0.068682	0.065698	0.068682	1,825,400	65,706,422
Sep 19, 2018	0.065570	0.066610	0.063136	0.065948	2,030,490	65,504,252
Sep 18, 2018	0.062232	0.068558	0.061720	0.065393	2,305,010	62,169,983
Sep 17, 2018	0.064023	0.065441	0.061823	0.062147	2,064,200	63,959,170
Sep 16, 2018	0.066000	0.066000	0.063218	0.063936	2,089,770	65,933,772
Sep 15, 2018	0.065490	0.066384	0.064479	0.065519	1,723,300	65,424,357
Sep 14, 2018	0.062942	0.069322	0.062329	0.065283	2,198,870	62,878,837
Sep 13, 2018	0.060682	0.063354	0.060682	0.063032	1,950,850	60,620,926
Sep 12, 2018	0.062740	0.063706	0.057193	0.061007	2,153,680	62,677,158
Sep 11, 2018	0.064389	0.064955	0.062626	0.062865	1,914,790	64,324,248
Sep 10, 2018	0.065182	0.066131	0.064018	0.064118	2,337,050	65,116,666
Sep 09, 2018	0.064996	0.067200	0.064077	0.065240	2,042,220	64,931,339
Sep 08, 2018	0.068077	0.069947	0.064439	0.064686	2,056,200	68,009,014
Sep 07, 2018	0.071347	0.072055	0.067433	0.067618	1,826,350	71,275,111
Sep 06, 2018	0.069014	0.071465	0.066074	0.071080	1,890,540	68,945,218
Sep 05, 2018	0.080310	0.081696	0.069340	0.069340	2,725,140	80,229,248
Sep 04, 2018	0.078659	0.081402	0.077304	0.079830	2,688,410	78,579,858
Sep 03, 2018	0.078323	0.080773	0.074675	0.078705	2,357,460	78,244,255
Sep 02, 2018	0.077240	0.079246	0.076653	0.078573	1,831,900	77,163,200
Sep 01, 2018	0.072121	0.080396	0.071950	0.077916	3,062,570	72,048,504
Aug 31, 2018	0.071223	0.072122	0.070235	0.071722	2,069,370	71,151,578
Aug 30, 2018	0.072060	0.072357	0.069506	0.071264	1,946,370	71,988,327
Aug 29, 2018	0.075371	0.076530	0.072107	0.072193	2,059,430	75,295,599
Aug 28, 2018	0.070721	0.076311	0.070546	0.074358	2,425,420	70,649,918
Aug 27, 2018	0.068156	0.072361	0.068085	0.071720	1,825,660	68,087,420
Aug 26, 2018	0.069064	0.070251	0.067706	0.069419	2,368,310	68,994,760
Aug 25, 2018	0.069424	0.070502	0.068504	0.069674	1,688,800	69,354,084
Aug 24, 2018	0.066550	0.070775	0.066207	0.069643	2,384,020	66,483,299
Aug 23, 2018	0.065456	0.066827	0.065244	0.066529	1,680,290	65,390,439
Aug 22, 2018	0.068021	0.071122	0.064851	0.065555	2,224,080	67,953,369
Aug 21, 2018	0.067072	0.068240	0.066013	0.068061	1,743,610	67,005,151
Aug 20, 2018	0.070021	0.070475	0.066131	0.066211	1,985,670	69,950,748
Aug 19, 2018	0.067765	0.071222	0.066583	0.069411	2,315,950	67,697,176
Aug 18, 2018	0.075769	0.077501	0.066589	0.068017	1,685,000	75,692,720
Aug 17, 2018	0.067296	0.075644	0.066323	0.075624	2,747,310	67,228,795
Aug 16, 2018	0.067016	0.068367	0.065751	0.066375	2,362,170	66,948,442
Aug 15, 2018	0.065939	0.071691	0.065939	0.067362	2,970,250	65,872,984
Aug 14, 2018	0.073804	0.073940	0.063773	0.065936	2,752,110	73,729,989
Aug 13, 2018	0.077169	0.078047	0.072590	0.073849	2,504,290	77,092,200
Aug 12, 2018	0.081860	0.081860	0.076107	0.076780	2,295,390	81,777,881
Aug 11, 2018	0.070194	0.089122	0.070165	0.082204	8,360,210	70,123,622
Aug 10, 2018	0.074394	0.076907	0.069012	0.071202	2,784,850	74,319,723
Aug 09, 2018	0.066926	0.077164	0.066183	0.074702	3,985,900	66,859,065
Aug 08, 2018	0.076694	0.076856	0.066185	0.066804	2,078,520	76,616,777
Aug 07, 2018	0.080016	0.085342	0.075543	0.076538	2,313,410	79,935,996
Aug 06, 2018	0.084613	0.086675	0.079858	0.079858	2,667,310	84,528,608
Aug 05, 2018	0.082438	0.088264	0.080993	0.082092	2,305,990	82,355,720
Aug 04, 2018	0.085483	0.090441	0.080746	0.082125	3,416,350	85,397,571
Aug 03, 2018	0.087181	0.089097	0.079954	0.085197	2,863,330	87,093,488
Aug 02, 2018	0.088342	0.091508	0.086361	0.087209	2,500,870	88,253,307
Aug 01, 2018	0.090256	0.094554	0.086339	0.087573	2,818,020	90,165,499
Jul 31, 2018	0.099254	0.099303	0.089124	0.090694	2,892,290	99,154,239
Jul 30, 2018	0.102033	0.103425	0.096348	0.099475	2,376,960	101,930,958
Jul 29, 2018	0.104381	0.107391	0.101026	0.101763	2,514,220	104,276,616
Jul 28, 2018	0.101702	0.106806	0.100015	0.104127	1,852,290	101,600,288
Jul 27, 2018	0.099602	0.107180	0.097080	0.105129	2,221,960	99,502,792
Jul 26, 2018	0.100695	0.107030	0.097966	0.099223	2,958,890	100,594,000
Jul 25, 2018	0.104375	0.106869	0.099136	0.101528	2,935,930	104,271,000
Jul 24, 2018	0.102101	0.109584	0.100525	0.106920	3,128,640	101,999,000
Jul 23, 2018	0.102849	0.105217	0.100473	0.101338	3,146,300	102,746,000
Jul 22, 2018	0.100552	0.105616	0.098667	0.103319	3,403,560	100,451,000
Jul 21, 2018	0.097926	0.100834	0.097630	0.100583	2,141,350	97,828,400
Jul 20, 2018	0.101526	0.105252	0.097882	0.098008	3,514,130	101,424,000
Jul 19, 2018	0.099653	0.105317	0.095866	0.101159	3,839,030	99,553,300
Jul 18, 2018	0.095712	0.107769	0.095318	0.099942	5,714,860	95,615,900
Jul 17, 2018	0.091955	0.098452	0.088464	0.095590	3,553,530	91,862,700
Jul 16, 2018	0.086703	0.092986	0.082577	0.092986	2,918,390	86,616,700
Jul 15, 2018	0.082213	0.090754	0.080223	0.080758	2,376,280	82,130,400
Jul 14, 2018	0.079322	0.083398	0.078867	0.080867	2,515,920	79,243,000
Jul 13, 2018	0.080156	0.083045	0.077814	0.079204	2,541,360	80,075,900
Jul 12, 2018	0.084508	0.084569	0.078121	0.080023	2,889,960	84,423,300
Jul 11, 2018	0.085549	0.087041	0.083965	0.084193	2,632,980	85,463,300
Jul 10, 2018	0.091825	0.094085	0.084313	0.085266	3,156,670	91,733,400
Jul 09, 2018	0.094865	0.098533	0.091612	0.091612	3,471,740	94,769,600
Jul 08, 2018	0.099508	0.101976	0.094045	0.096652	3,239,130	99,408,900
Jul 07, 2018	0.098485	0.101036	0.095198	0.099814	3,005,490	98,386,500
Jul 06, 2018	0.098465	0.100836	0.094958	0.098657	3,355,860	98,366,000
Jul 05, 2018	0.100806	0.102642	0.096518	0.098471	3,014,190	100,705,000
Jul 04, 2018	0.100560	0.104616	0.096261	0.100579	3,474,120	100,459,000
Jul 03, 2018	0.101774	0.104394	0.099836	0.100142	3,361,360	101,672,000
Jul 02, 2018	0.095703	0.103511	0.092949	0.101752	3,578,500	95,607,700
Jul 01, 2018	0.094437	0.096921	0.093090	0.095694	2,731,510	94,342,100
Jun 30, 2018	0.091615	0.097956	0.091615	0.094937	3,251,000	91,523,000
Jun 29, 2018	0.089649	0.092626	0.084542	0.091485	2,762,530	89,559,700
Jun 28, 2018	0.096714	0.097342	0.088301	0.089979	3,214,640	96,617,600
Jun 27, 2018	0.092123	0.096805	0.089171	0.095252	3,117,000	92,030,400
Jun 26, 2018	0.099315	0.103576	0.091394	0.092872	3,243,410	99,215,700
Jun 25, 2018	0.091786	0.103119	0.091786	0.100372	4,634,140	91,694,400
Jun 24, 2018	0.098886	0.099118	0.087795	0.091749	2,585,610	98,786,900
Jun 23, 2018	0.098248	0.100086	0.097771	0.099083	1,659,470	98,149,200
Jun 22, 2018	0.111502	0.111818	0.097812	0.098230	3,293,270	111,391,000
Jun 21, 2018	0.112345	0.114597	0.110801	0.111540	3,138,900	112,233,000
Jun 20, 2018	0.115855	0.116121	0.110463	0.112270	3,214,840	115,740,000
Jun 19, 2018	0.116719	0.118493	0.114958	0.115634	2,479,250	116,603,000
Jun 18, 2018	0.113662	0.118021	0.109927	0.116847	2,874,270	113,549,000
Jun 17, 2018	0.116241	0.117710	0.112880	0.113437	2,599,570	116,125,000
Jun 16, 2018	0.114553	0.116372	0.112181	0.116299	2,764,300	114,438,000
Jun 15, 2018	0.118784	0.119464	0.114206	0.114720	2,347,450	118,665,000
Jun 14, 2018	0.110247	0.124953	0.109974	0.118963	3,987,940	110,137,000
Jun 13, 2018	0.118034	0.124953	0.109974	0.118963	3,987,940	110,137,000
Jun 12, 2018	0.131309	0.135316	0.116882	0.117526	4,056,300	131,177,000
Jun 11, 2018	0.119708	0.131554	0.118162	0.131224	4,426,980	119,588,000
Jun 10, 2018	0.137799	0.137799	0.117775	0.119809	3,426,800	137,662,000
Jun 09, 2018	0.140203	0.141569	0.137008	0.137124	3,370,170	140,062,000
Jun 08, 2018	0.141287	0.141873	0.138242	0.140098	4,065,150	141,146,000
Jun 07, 2018	0.141964	0.147624	0.140762	0.141574	4,355,720	141,822,000
Jun 06, 2018	0.146568	0.146876	0.138035	0.140948	4,335,750	146,421,000
Jun 05, 2018	0.141900	0.146617	0.139828	0.146617	4,236,000	141,758,000
Jun 04, 2018	0.147940	0.149310	0.137500	0.141921	4,742,630	147,792,000
Jun 03, 2018	0.147962	0.150602	0.144607	0.147767	4,092,410	147,814,000
Jun 02, 2018	0.133897	0.149337	0.131242	0.147912	5,737,830	133,763,000
Jun 01, 2018	0.133640	0.135442	0.130859	0.133937	2,873,320	133,506,000
May 31, 2018	0.132778	0.135552	0.131190	0.133451	2,866,040	132,645,000
May 30, 2018	0.135737	0.138303	0.130454	0.133012	1,582,630	135,601,000
May 29, 2018	0.128029	0.138135	0.126153	0.135837	2,846,240	127,901,000
May 28, 2018	0.137578	0.142362	0.127744	0.127939	3,031,110	137,441,000
May 27, 2018	0.134871	0.138004	0.132666	0.137419	2,230,530	134,736,000
May 26, 2018	0.135251	0.138354	0.133335	0.134923	2,091,090	135,115,000
May 25, 2018	0.139424	0.140832	0.133109	0.135254	2,766,820	139,284,000
May 24, 2018	0.139099	0.144722	0.131412	0.140156	2,528,280	138,960,000
May 23, 2018	0.152726	0.153400	0.135068	0.139384	3,310,480	152,573,000
May 22, 2018	0.165824	0.171826	0.153176	0.153176	4,084,860	165,658,000
May 21, 2018	0.164918	0.167345	0.162574	0.165673	2,954,870	164,753,000
May 20, 2018	0.156817	0.166098	0.155819	0.164774	2,784,570	156,660,000
May 19, 2018	0.160531	0.163154	0.155937	0.156728	2,691,630	160,370,000
May 18, 2018	0.157562	0.161760	0.152899	0.160473	2,965,610	157,404,000
May 17, 2018	0.166035	0.169367	0.157065	0.157065	3,030,760	165,869,000
May 16, 2018	0.171077	0.171077	0.160990	0.166071	3,164,080	170,906,000
May 15, 2018	0.179002	0.183564	0.169294	0.170981	3,533,930	178,823,000

Risks associated with NXT

Nxt utilises the blockchain technology effectively to improve its sphere of applications and takes it beyond the traditional cryptocurrency route. As far as NXT tokens are concerned, they are the inherent currency of the Nxt ecosystem and should be perceived as such, rather than an opportunity to make a quick buck in a short span of time.

Furthermore, cryptocurrencies like NXT are subject to extreme volatilities in the market. Its legality is another issue that has plagued the investors. As more and more authorities across the world crackdown on these cryptos, it becomes increasingly difficult to expect a surge in its value.

Therefore, instead of risking money in these volatile instruments, it is better to go with traditional, safer investments like mutual funds. Not only are they legal and well-governed, but they are also not subjected to such an extreme amount of risk and volatility.

NXT Cryptocurrency News & Developments

Considering the price of NXT token, it hasn't varied greatly since February 2018. Prior to that, the decentralised currency enjoyed a phenomenal run driven by the hype in the cryptocurrency space. The price went well past the $1.50 mark in December 2017 and around the same time, the token's 24 hour price volume was varying at levels more than $400 million.
The cryptocurrency space underwent a paradigm shift in February. This was on account of crackdown by various international governments on decentralised currencies, along with the prices of popular currencies like Bitcoin and Ethereum tumbling down. Consequently, the investors lost faith and went on a selling spree. NXT was one of the many tokens that suffered as a result of this massive sell-off. Therefore, by early March, the price of 1 NXT token was back to its previous level at $0.16.
This sell-off continued over the course of the year. The price kept going down and eventually, it went below the $0.1 mark. As of late October, the price was seen varying at level close to $0.06. Around the same time, the 24 hour price volume was close to $1.2 million.

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