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What is Nexa (NEXA)?

Nexa basic info

Name:Nexa
Ticker:
Introduction:
NEXA is the native token of Nexa, a bleeding-edge blockchain foraging at the frontiers of freedom and sovereignty. With its unique proof-of-work mechanism, Nexa operates at the speed of light. All transactions are finalized almost instantaneously. With the added benefit of Wise-contracts, Nexa’s blockchain is beyond smart. It is the next-generation blockchain that is set to revolutionize the entire industry.

What is Nexa (NEXA)?

Nexa is a proof-of-work, UTXO layer-1 blockchain with native smart contract and NFT support. With technologies such as Graphene, Thinner, and 0-conf, Nexa can reduce transaction overhead, compress block size, and execute instant transactions without confirmations. It also offers immense scalability, capable of handling over 10 billion transactions per day.

How NEXA works

Nexa is built on several key features:
Immense capacity & scalability: Nexa’s unique proof-of-work mechanism - updating only the UTXO instead of the entire blockchain - makes it possible for the entire blockchain to operate at an incredible speed while taking up a fraction of the bandwidth and storage of traditional layer-1s. In theory, Nexa can finalize around 100,000 transactions per second.
Instant, fraud-proof transaction: Doublespend is a problem virtually every blockchain has to tackle. Nexa’s own solution, double-spend proofs and double-spend forfeits, can detect any double-spend behavior, broadcast it as a top-priority message across the entire blockchain, and make it so that the double-spenders will find it not profitable to attempt this and anyone who catches a double spender gets a reward.
Native token standards support: one of the key features blockchain boasts is the potential to tokenize everything. At first, it was fungible and non-fungible assets. These tokens are perfect for storing and transferring value. Nexa offers native token support and more. Your tokens are more than digital assets but your identity, ownership, and beyond.
Wise-contracts: all of these stunning innovations are made possible by Wise-contracts, Nexa’s own, better version of smart contracts. Wise-contracts do everything smart contracts can, and elevates them to another level with Nexa’s ultra-scalability. The first Wise-contract, ‘HODL Vaults’, has already been deployed and is now ready to help investors all over the world make more informed, rational decisions.

NEXA goes live on Bitget

Nexa has never stopped improving and perfecting its infrastructure and the entire ecosystem while redefining the boundaries of freedom and sovereignty in the digital economy. With its innovative approach, Nexa aims to provide a robust foundation for a new era of permissionless financial systems, accessible globally.

How to trade NEXA on Bitget

Step 1: Go to the NEXAUSDT spot trading page
Step 2: Enter the amount and the type of order, then click Buy/Sell.
By addressing the inherent limitations of existing cryptocurrencies, Nexa is paving the way for a more scalable, secure, and versatile blockchain ecosystem. Its commitment to providing global financial sovereignty, coupled with innovative features like Wise-contracts and native token systems, positions Nexa as a leading force in the future of digital finance. As the blockchain industry evolves and prospers, Nexa and the NEXA token stand poised to redefine the standards of blockchain technology and decentralized finance.
Trade NEXA now on Bitget!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
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Current price:
All-time high:$0.{4}4216
All-time low:$0.{5}1626

NEXA supply and tokenomics

Circulating supply:5,859,620,000,000 NEXA
Total supply:6,756,870,000,000 NEXA
Max supply:21,000,000,000,000 NEXA
Market cap:$13.49M
Fully diluted market cap:$48.33M

Links

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What is the development prospect and future value of NEXA?

The market value of NEXA currently stands at $13.49M, and its market ranking is #1033. The value of NEXA is not widely recognized by the market. When the bull market comes, the market value of NEXA may have great growth potential.

As a new type of currency with innovative technology and unique use cases, NEXA has broad market potential and significant room for development. The distinctiveness and appeal of NEXA may attract the interest of specific groups, thereby driving up its market value.

What will the price of NEXA be in 2025?
Based on NEXA's historical price performance prediction model, the price of NEXA is projected to reach $0.{5}4272 in 2025.
What will the price of NEXA be in 2030?
In 2030, the NEXA price is expected to change by +7.00%. By the end of 2030, the NEXA price is projected to reach $0.{4}1061, with a cumulative ROI of +335.57%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of NEXA and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is NEXA worth investing or holding? How to buy NEXA from a crypto exchange?

If you want to buy NEXA, the following information may be helpful for your investment decisions:
In the last 7 days, the price of NEXA has fallen by -12.59%, leading to negative returns for most NEXA investors. The market is currently pessimistic about the price trend of NEXA.
It is important to note that the current price of NEXA has retreated by -94.54% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether NEXA is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in NEXA or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of NEXA, if you want to buy or sell NEXA, you can consider Bitget for your trading needs. The best place to buy NEXA is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Nexa has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Nexa. Here's a step-by-step guide on how to buy Nexa on Bitget.

How to get Nexa through other methods?

Using cash to buy Nexa is not the only way to obtain Nexa. If you have the time to spare, you can get Nexa for free.
Learn how to earn Nexa for free through the Learn2Earn promotion.
Earn free Nexa by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Nexa airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Nexa through Bitget Convert, Bitget Swap, or spot trading.

What is Nexa used for and how to use Nexa?

The use case of Nexa may expand as the crypto market and the project itself develop. Currently, you can use NEXA to achieve the following goals:
Arbitrage by trading NEXA: Since NEXA is a frequently traded cryptocurrency, the price of NEXA is always fluctuating. Earn more NEXA by buying low and selling high on the exchange. Bitget spot market provides a variety of NEXA trading pairs to fully meet your needs.
Earn by staking NEXA: You can also generate income through financial management methods such as staking NEXA or lending NEXA. Bitget Earn offers a variety of financial products designed to help you earn more income from your NEXA.
Send or pay NEXA: If you want to give NEXA to your friends, a charity, or a fundraiser, or you want to pay someone with NEXA, you can quickly and easily send NEXA to the recipient through their payment address.
You can also go to the official website of the Nexa project to learn more about the use cases of NEXA. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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NEXA resources

Tags

Mineable
PoW
Store Of Value
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Links
Nexa WebsiteNexa WhitepaperNexa TwitterNexa Github

NEXA price calculator

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NEXA
USD
1 NEXA = 0.{5}2301 USD
Last updated (UTC-0)
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