Nxt to Canadian Dollar Exchange Rate

Live Rate

= $ 0.0239

Refreshing in: 60s | Sat, Aug 17, 02:36PM GMT

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Historical Rate chart of NXT and CAD

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Updated: 17 Aug 2019 14:36:37 UTC
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

The prospects and purchase possibilities of Nxt

If a world government was to develop a cryptocurrency that would function like real money, Nxt would be the outcome – it was made for transactions, not wealth accumulation, is not attention-heavy and is in fixed supply.

Launched in November 2013, Nxt hit the market without much fanfare – not even an initial coin offering (ICO) – but has managed to remain relevant, despite its modest gains compared to bitcoin and other heavy-hitters.

Nxt has a finite number of coins on the market – one billion – and trades almost like real shares. Nxt has avoided the problem that affects bitcoin and most other cryptocurrencies – they can be mined, which means the prices will constantly be affected by how many coins come to the market.

Things to consider when buying Nxt

Nxt has proven to be quite steady, which in the high-stakes world of currency trading is not that appealing to investors – but it is to developers and other pioneers, which is what it was built for in the first place.

The makers of Nxt did not envision it as a tool to please investors, but rather to fulfill the aim of creating new and innovative technology that will further enhance the blockchain space. As a result, a lot of the rampant buying and selling associated with other cryptocurrencies will not be present. This means it is less likely that Nxt will breakout like bitcoin.

In the past three months, bitcoin made and lost thousands of dollars. However, while some people are concerned about Nxt’s 50% drop in 24 hours on 27–28 December, seasoned industry veterans are accustomed to such changes in the market.

However, for those looking to buy into the Nxt platform for the other perks, the key concern therefore won’t be profit from the coin, but rather with the other cryptocurrencies being developed on the platform, which seems to be where the real money is being made.

Will the value of Nxt keep increasing?

Nxt had a very rough Christmas, but that was to be expected. The biggest factor working for Nxt is that the platform allows people to create other products, and some of these technologies have been really revolutionary.

For example, the release of Ardor caused a lot of excitement for Nxt holders. Ardor introduced the child chain technology on the Nxt platform, and now has a higher trade price than its parent altcoin.

Out of Ardor came Ignis, another upstart with a lot of promise, which also had an impact on the price of Nxt. With this type of potential coming every few months or even years, Nxt will likely continue to be relevant, even if it is just by association. Again, given that Nxt is not an investment tool, don’t expect to retire a billionaire from trading it alone.

With that being said, if the next bitcoin should be born out of the Nxt platform and its developer BCNext should decide that Nxt is the only acceptable payment form, Nxt could see a surge.

It is worth mentioning that many crypto buyers have given up on Nxt, but the Ardor and Ignis releases are factors that cannot be ignored. If Ardor should ever get big, the doubters might come crawling back.

The company behind Nxt – Jelurida – knows that its coin is in muddy waters. It knows its value, but it is difficult convincing people to buy into a revolution, especially as the profits from other cryptocurrencies have made people eager for instant returns.

Jelurida emphasizes the possibilities from their two blockchains, Nxt and Ardor, and by doing this they are tying the fate of the elder brother to the more promising kid brother. In other words, they are positioning themselves to ensure Nxt’s continued relevance by associating it with Ardor and its offspring. The hope is to incentivize people to keep the currency lying around, which further suggests that Nxt will not go out of the market, though it may never dominate the way bitcoin does.

A short history of Nxt

28 September 2013

The birthday of Nxt was a fairly uneventful day; there were no big announcements or market excitement, pretty much like most altcoins. One billion coins were distributed to 73 stakeholders, based on the bitcoin contributions they made to its birth, which is believed to be 21 BTC, valued at US$16,800 at the time.

This meant the price of Nxt at the launch was US$0.0000168. Not the best start, but not terrible either.

27 January 2014

Nxt share price multiplied quickly, getting up to US$0.0779 on 27January. Confidence in the new coin was growing, and the market was excited. The price went down after this high point, to average about US$0.6 over the next few months, until…

6 June 2014

The market frenzy for Nxt increased the price to US$0.09199, finally delivering on the promise investors imagined. Unfortunately, it only went downhill from there, ending the year at US$0.01671.

19 June 2015

Nxt, in a partnership with 44 Phones Ltd and Coinstructors, announced plans to make real-world applications for the blockchain. This propelled the price up to US$0.01412. It was one of the most promising updates on the platform, and it aimed to be used to solve actual problems by providing a secure working environment for developers tackling real issues.

But the excitement around this wore off after a while (two months to be exact), which was when the price went back to below a cent.

13 October 2015

Tired of the constant losses, Nxt contributors finally decided it was time to overhaul the system and make it more appealing to investors. So, the Tennessee project was launched to reverse the altcoin’s fortunes.

At the day of the announcement, the price was US$0.007633. If it had been a normal stock, the price probably would have gone up, but given the topsy-turvy nature and people’s frustrations, the price actually went down a couple of days after the announcement. Nxt was making promises, but nobody was buying it.

23 January 2016

Nxt Version 1.7.4 was unveiled. The new platform brought significant upgrades and new features such as Account Control, NXT Data Cloud, CoinShuffling, improved block times and a few other features. This caused the price to go up a reasonable fraction to US$0.007226, from US$0.006843 the previous day. Developers were happy, investors were happy and within a week, the price had hit US$0.011824, its largest increase in months.

10 June 2017

For the first time in its history, Nxt reached the 10 cent range, recording an impressive US$0.1239. While this might sound small compared to the coins that deal in hundreds and thousands of dollars, this represented almost a one-million per cent increase from its launch, giving it one of the best returns for any cryptocurrency ever.

The increase was due to a combination of excitement over the Ardor launch and Ignis ICO, and growing acceptance of the coin. Four days later, a Chinese firm would announce that Ardor would no longer trade against bitcoin, but against the Chinese yuan, giving Ardor and Nxt a growing global status by association.

21 December 2017

The impossible happened. The cryptocurrency initially written off as a scam clocked US$1.16874, giving it a market value of US$1,222,156,548. This was more than enough validation of what this plucky upstart could do. But alas, the victory would be short-lived.

29 December 2017

Following an insane buzz that drove the price up to US$1.9 a few days earlier, the price plummeted to US$0.7306, losing half of its value in 24 hours. In all fairness, this was not a Nxt problem, as many holders sold off their coins before the year closed out, as typically happens, even with real shares.

Of course, once again the doubters told their tale of ridicule and declared “This is the end of Nxt!”

Is it really the end of Nxt?

Sure, Christmas was horrible. Losing significant value like that is pretty rough on any stock. However, this is not the first time it has happened to Nxt. All through its history, the price has gone up and down and been battered rather severely, but it has somehow managed to stay alive.

The lesson from all of this is that despite all it has been through, Nxt is still making waves and delivering value to clients and buyers. While it is impossible to predict which way it will go next, at least this much is certain: with the success of Ardor, Ignis and whatever else will come out of the Nxt platform, this is not the end of Nxt.

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Where to buy, sell and exchange cryptocurrency

Name Product Deposit methods Fiat Currencies Supported Cryptocurrencies
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OKEx Cryptocurrency Exchange
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Wire transfer
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YoBit Cryptocurrency Exchange
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Payeer
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KuCoin Cryptocurrency Exchange
Cryptocurrency
-
BTC, BCH, XMR, DAG, ETH, XRP, EOS, LTC, ADA, TRX, NEO, ONT, STEEM, BTM, BCD, ZINC, VET, OLT, USDT, BSV, & 134+ more
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HADAX (Huobi Autonomous Digital Asset eXchange)
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Cryptocurrency
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BTC, ETH, 18T, BUT, LXT, CDC, UUU, AAC, CNN, UIP, UC, GSC, IIC, MEX, EGCC, SHE
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Cryptocurrency
Payeer
Perfect Money
Qiwi
USD, EUR, RUB
BTC, BCH, ETH, LSK, LTC, XMR, XEM, DASH, BCC, CLOAK, EMC, NEO, TIME, SHIFT, STRAT, & 146+ more
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BitBay Cryptocurrency Exchange
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Cryptocurrency
Express Polish Post Office 24/7
Express Zabka Market
Wire transfer
USD, EUR, PLN
BTC, BCC, BTG, LTC, ETH, LSK, GAME, DASH, KZC, XRP, XIN,ZEC,XMR
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Ethfinex Cryptocurrency Exchange
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OMG, TRX, ZRX, SAN, ATMI, AID, BAT, SNT, QSH, REP, DAT, TNB, RLC, EDO, AVT, ELF, FUN, & 12 more
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IDEX Cryptocurrency Exchange
IDEX Cryptocurrency Exchange
Cryptocurrency
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EOS, RFR, CS, AUC, BEE, BANCA, CNN, EOSDAC, FSN, NBAI, TRAC, VET, XBP & 60+ more
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Mercatox Cryptocurrency Exchange
Mercatox Cryptocurrency Exchange
Cryptocurrency
Payeer
Perfect Money
Yandex Money
USD, EUR, RUB
BTC, ETH, DCN, BCH, NIO, TRX, DASH, COB, DOGE, PRIX, DSR, XCPO, LTC, XRB, VERI, LOC, & 84+ more
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Bank transfer
BPAY
Osko
AUD
BTC, BCH, ETH, ETC, LTC, XRP, OMG, POWR
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CryptoBridge Cryptocurrency Exchange
CryptoBridge Cryptocurrency Exchange
Cryptocurrency
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BTC, BCH, RVN, LTC, ALQO, LCC, ECA, SMART, POLIS, BCO, COLX, IC, XP, BWK, HTML, QBIC, & over 44+ more
Offering over 80 cryptocurrency pairings, CryptoBridge is a decentralised exchange that supports the trading of popular altcoins.
Gate.io Cryptocurrency Exchange
Gate.io Cryptocurrency Exchange
Cryptocurrency
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BCH, EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 117+ more
Altcoin.io Decentralised Exchange
Altcoin.io Decentralised Exchange
Cryptocurrency
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*Note that while the platform is under development, it is expected to support BTC, ETH, REP, ANT, BAT, EOS, SALT, CVC, DNT, SNT & 20+ more
Launching in 2018, Altcoin.io is a decentralised peer-to-peer cryptocurrency exchange powered by atomic swaps. Sign up now for early access.
CoinMate Bitcoin Exchange
CoinMate Bitcoin Exchange
Cryptocurrency
MoneyPolo
Bank transfer (SEPA)
SOFORT
EUR, PLN, CZK
BTC, BCH, LTC, XRP
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Bleutrade Cryptocurrency Exchange
Bleutrade Cryptocurrency Exchange
Cryptocurrency
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BTC, BTG, DASH, ZET, XVP, XPM, WDC, VTC, VRC, UNO, TROLL, START, SLR, SLG, RDD, & 32+ more
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CoinCorner Bitcoin Exchange
Bank transfer
Credit card
Debit card
GBP, EUR
BTC, ETH, LTC, XRP
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xCoins P2P Bitcoin Lending
xCoins P2P Bitcoin Lending
Bank transfer
Credit card
Debit card
eCheck
PayPal
USD
BTC
Buy bitcoin instantly with credit card, PayPal or bank account on this peer-to-peer lending platform.
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Bitit Cryptocurrency Marketplace
Cashlib
Credit card
Debit card
Neosurf
USD, EUR, GBP, JPY, CNY, KRW, AUD, CAD, DKK, NOK, SEK, TRY, HKD, SGD
BTC, ETH, XRP, DASH, LTC, BCH, ETC, OMG, ZRX, CVC, BNT
Buy cryptocurrency with cash or credit card and get express delivery in as little as 10 minutes.
Bittrex Digital Currency Exchange
Bittrex Digital Currency Exchange
Cryptocurrency
Wire transfer
USD
BTC, ETH, BOXX, XVG, SC, XRP, DOGE, STRAT, XMR, ADA, OMG, ETC, BCC, XLM, DGB, UKG, & 128+ more
Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Buyabitcoin Cryptocurrency Exchange
Buyabitcoin Cryptocurrency Exchange
Cash
AUD
BTC
An Australian bitcoin broker which offers quick and simple trading where no signup is required.
CoinLoft Cryptocurrency Exchange
CoinLoft Cryptocurrency Exchange
Cash
Flexepin
POLi
AUD
BTC, ETH
Buy cryptocurrency from an Australian service through cash, POLi or Flexepin vouchers.
Cryptonit Cryptocurrency Exchange
Cryptonit Cryptocurrency Exchange
Advance Cash
Wire transfer
EUR, USD
BTC, ETH, ETC, ZEC
Cryptonit is a secure platform for trading fiat currency for bitcoin, Litecoin, Peercoin and other cryptocurrencies which can be delivered to your digital wallet of choice.
Cubits Bitcoin Exchange
Cubits Bitcoin Exchange
Credit card
Debit card
Bank transfer (SEPA)
SOFORT
SWIFT
AUD, USD, EUR, SEK, HUF, JPY, GBP, NOK, HRK, CAD, CNY, CHF, CZK, RSD, TRY, BRL, DKK, PLN, RUB, ARS
BTC
Offering payment options such as credit card, SEPA and SWIFT, you can purchase bitcoin from this European-based exchange with an array of fiat currencies.
HardBlock Bitcoin Service
HardBlock Bitcoin Service
POLi
AUD
BTC
Buy and sell bitcoin in AUD through POLi when using this exchange based in Australia.
MyCryptoWallet Cryptocurrency Exchange
Bank transfer
Cryptocurrency
AUD, NZD
BTC, ETH, LTC, XRP, POWR
A cryptocurrency exchange that supports Australian and New Zealand customers, where users can pay in NZD and transactions in AUD have no withdrawal or deposit fees.
Orderbook Exchange & ICO Platform
Orderbook Exchange & ICO Platform
Cryptocurrency
Wire transfer
USD
TAAS, GNO, ANT, 1ST, HKN, BBT, WRC, AMM, OROC, CHSB, GLBX, BENJA
Orderbook is a decentralised cryptocurrency exchange and ICO platform where users can trade Ethereum-based ICO tokens.
Paxful P2P Cryptocurrency Marketplace
Cash
Credit card
Cryptocurrency
Debit card
Flexepin
iDEAL
Neosurf
Neteller
PayPal
Perfect Money
SWIFT
Western Union
AUD, USD, EUR, GBP, CAD, CNY & 50+ more
BTC
Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than 300 other payment methods.
ShapeShift Cryptocurrency Exchange
ShapeShift Cryptocurrency Exchange
Cryptocurrency
-
BTC, BCH, BTG, ETH, ETC, FUN, 1ST, ANT, BAT, BNT, BLK, CVC, CLAM, DASH, DCR, DGB, DNT, GAME & 29+ more
Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
BigONE Cryptocurrency Exchange
BigONE Cryptocurrency Exchange
Cryptocurrency
-
BTC, ETH, EOS, USDT, ADX, AE, AIT, ATN, ATT, BAT, BCDN, BIG, BTO, CANDY, CDT, CHAT, AT, CPS & over 60+ more
A crypto-to-crypto exchange listing over 100 pairings and low trading fees.
Wall of Coins
Wall of Coins
Cash
USD, AUD, GPB, CAD
BTC, DASH
Buy bitcoin and DASH through this peer-to-peer cash only cryptocurrency exchange based in the US.
Spendher Bitcoin App
Spendher Bitcoin App
Bank transfer
Cash
Cryptocurrency
AUD
BTC
Spendher is an app founded in Australia which aims to streamline buying and selling bitcoins on your mobile, offering options to deposit AUD through bank transfer or cash deposits.
XBrick Cryptocurrency Exchange
XBrick Cryptocurrency Exchange
Cryptocurrency
-
BTC, USDT, ETH, EOS, AE, BTO, BTS, CAN, HLC, SEER, XAS
Recently launched in Australia in late 2017, XBrick now offers its services globally and users can download its mobile trading platform to buy and sell cryptocurrencies.
EtherDelta Cryptocurrency Exchange
EtherDelta Cryptocurrency Exchange
Cryptocurrency
-
VERI, EOS, KIN, PLR, PPP, SXDT, POLY, ASTRO, OMG, EDT, NAS, ZIL, GMT, MAN, REAL, PAY, VEE, MYST, & 30+ more
Bibox Cryptocurrency Exchange
Cryptocurrency
-
BIX, ETH, BTM, BTC, LBA, FSN, HPB, BOT, BTO, SXUT, EOS, GNX, QTUM, KICK, POA, MOT, BCH, & 24+ more
Trade crypto to crypto with a choice of over 60 currencies on this global exchange based in China.
DDEX Cryptocurrency Exchange
DDEX Cryptocurrency Exchange
Cryptocurrency
-
EOS, XYO, NPXS, HOT, CNN, ZRX, KIN, NCT, BAX, ZCO, NBAI, POLY, POE, TFD, REN, LBA, & 25+ more
CoinBene Cryptocurrency Exchange
CoinBene Cryptocurrency Exchange
Cryptocurrency
-
ETH, BTC, EOS, XRP, LTC, GOT, SRCOIN, ABYSS, CONI, ORME, PAL, VME, ZIPT, CTXC, PCH ,CNN, & 53 more
TradeSatoshi Exchange
TradeSatoshi Exchange
Cryptocurrency
-
SAFEX, BTC, LTC, DOGE, BTCP, WC, ETH, DGB, BCH, BTCZ, GRLC, VOT, BCI, 1337, NYC & over 78+ more
A crypto-to-crypto exchange platform where users can buy and sell BTC and over 200 cryptocurrencies.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency
-
TRX, ETH, NPXSXEM, GOT, NEXO, IG, HAND, TOMO, HOT, ABYSS, LCS, EXRN, ATN, TMT, ELY & over 75+ more
A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
Bit-Z Cryptocurrency Exchange
Alipay
Bank transfer
Cash
Cryptocurrency
Neteller
PayPal
WeChat
Western Union
None
BTC, ETH, EOS, LTC, TRX, DASH, ZEC, LSK, DOGE, DGB, ARK, BCHSV, QTUM, TUSD, and 85+ others
A global crypto exchange with OTC services based in Hong Kong that supports over 100+ cryptocurrencies.
ACX Cryptocurrency Exchange
ACX Cryptocurrency Exchange
Bank transfer
Cryptocurrency
AUD
BTC, BCH, ETH, HSR, DASH, FUEL, UBTC, USDT, ETC
An Australian cryptocurrency exchange, ACX enables you to buy bitcoin and other cryptocurrencies with AUD bank deposits.
Cobinhood Cryprocurrency Exchange
Cobinhood Cryprocurrency Exchange
Cryptocurrency
-
BTC, ETH, USDT

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Market rate for common transfer amounts NXT to CAD

Nxt (NXT) Canadian Dollars (CAD)
NXT1 0
NXT100 0
NXT500 0
NXT1000 0
NXT1500 0
NXT2500 0
NXT5000 0


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