Nxt to New Zealand Dollar Exchange Rate

Live Rate

= $ 0.0274

Refreshing in: 60s | Thu, Aug 22, 06:47PM GMT

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Historical Rate chart of NXT and NZD

1
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Updated: 22 Aug 2019 18:47:05 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 might be the outcome. This cryptocurrence 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. And 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 traders – 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 traders, but rather to fulfil 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 is unlikely to be present.

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 2017, seasoned industry vets 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?

The biggest factor in Nxt’s favour is that the platform allows people to create other products. 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 may well continue to be relevant, even if it is just by association. Again, given that Nxt is not an investment tool, it’s unlikely that anyone will retire a billionaire from trading it alone.

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.

The company behind Nxt, Jelurida, emphasises the possibilities from their two blockchains, Nxt and Ardor. 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 incentivise people to keep the currency lying around, 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, unlike 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.

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 6 cents over the next few months, until…

6 June 2014

The market frenzy for Nxt increased the price to $0.09199. Unfortunately, it only went downhill from there, ending the year at $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 $0.01412. It was one of the most promising updates on the platform, and how 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, which was when the price dropped below 1 cent again.

13 October 2015

Nxt contributors decided it was time to overhaul the system and make it more appealing to traders. So, the Tennessee project was launched to reverse the altcoin’s fortunes.

At the day of the announcement, the price was $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 others. This caused the price to go up a reasonable fraction to $0.007226, from $0.006843 the previous day. Developers were happy, traders were happy and within a week, the price had hit $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 $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 $1.16874, giving it a market value of $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 a buzz that drove the price up to $1.9 a few days earlier, the price plummeted to $0.7306, losing half of its value in 24 hours.

Is it really the end of Nxt?

All through Nxt’s history, the price has gone up and down and been battered rather severely, but it has somehow managed to stay alive.

But the lesson from all 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, it seems unlikely at this point – with the success of Ardor and Ignis and whatever else will come out of the Nxt platform – that this is the end of Nxt.

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Where to buy, sell and exchange cryptocurrency

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YoBit Cryptocurrency Exchange
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Express Polish Post Office 24/7
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Altcoin.io Decentralised Exchange
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CoinMate Bitcoin Exchange
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MoneyPolo
Bank transfer (SEPA)
SOFORT
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POLi
AUD
BTC, ETH
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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 NZD

Nxt (NXT) New Zealand Dollars (NZD)
NXT1 0
NXT100 0
NXT500 0
NXT1000 0
NXT1500 0
NXT2500 0
NXT5000 0

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