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How to buy NFTX (NFTX) in the US

A beginner's guide to buying and selling NFTX in the US.

- $4.38 ( - 2.59%)

How to buy NFTX

Look for an exchange that supports both fiat and cryptocurrency to simplify buying NFTX.

  1. Open an account on an exchange that supports NFTX.
    Unfortunately, at this time no major exchanges in the United States offer NFTX, but you may be able to purchase it with another cryptocurrency. Just be sure to follow all legal restrictions and requirements.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy NFTX.
  3. Buy NFTX.
    Complete your NFTX purchase and then find the best wallet to store NFTX.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is NFTX?

NFTX is a platform that allows users to create their own ERC-20 tokens backed by NFT (non-fungible token) collectables. According to its Litepaper, the aim is to build liquid markets for NFTs, powering the creation of NFT index funds. A community-owned protocol, NFTX lets users create and trade funds based on collectables, such as CryptoKitties and Axies. After depositing an NFT into a vault, the user mints an ERC-20 token (vToken), which can then be traded. NFTX is the native asset of the protocol. An ERC-20 token on the Ethereum network, NFTX is a governance token.

NFTX (NFTX) is the 552nd largest cryptocurrency in the world by market cap, valued at $68,683,146. The current price of NFTX is $162.54, which is -3.874% lower than yesterday. Prices have ranged between $174.54 and $160.46 over the past 24 hours. All prices are listed in US dollars and accurate as of October 22, 2021 10:10 UTC.

Where to buy NFTX

Unfortunately, at this time no major exchanges in the United States offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Is it a good time to buy NFTX?

The technical analysis gauge for NFTX displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of NFTX based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of NFTX: moving averages, oscillators and pivots. Finder is not responsible for how NFTX performs.

NFTX at a glance

Information last updated October 22, 2021 10:10 UTC.
Coin symbol NFTX
Coin Marketcap US$68,683,146
Total NFTX supply 650,000
Circulating NFTX 420,000
Current price US$162.54
All time high US$499.09
All time high date February 16, 2021
Notable team members Alex Gausman
Partnerships PieDAO
Industry NFT index funds
Token uses Governance
Network Ethereum

NFTX price performance over time

Historical prices compared with the price of US$162.54.

1 hour -0.13%
24 hours -3.87%
7 days -9.66%
14 days -6.93%
30 days 39.58%
60 days 1.69%
200 days -13.24%
1 year N/A

How to sell NFTX

You can cash out your NFTX with the same exchange you bought it through:

  1. Sign in to the exchange you have NFTX on.
    If you store your NFTX in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of NFTX you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of NFTX.

What to consider when buying NFTX

Cryptocurrencies are very risky and complicated assets. Make sure you understand all the risks associated with buying and selling digital currencies before you buy. Some of the factors to consider before buying NFTX include the following:
  • Token supply. The supply of NFTX tokens is 650,000.
  • Who’s behind NFTX. The platform was launched by developer Alex Gausman in 2021. However, NFTX is governed by a decentralized autonomous organisation (DAO) – in other words, by its community.
  • User-friendliness. If you’re new to the world of cryptocurrency, the NFTX platform can seem quite confusing. There’s a learning curve in front of you if you want to understand exactly how the protocol works and what it offers to users.

Disclaimer: Cryptocurrencies, including NFTX, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NFTX 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 NFTX or any other cryptocurrency discussed.

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