How to buy Nexus (NXS) in the UK

Where to buy Nexus in the UK

Unfortunately, at this time no major exchanges in the UK 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.

Unfortunately, at this time no major exchanges in the UK 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.

Best Nexus wallets to store your NXS

You can keep your NXS on the exchange you purchased it on, or move it to a personal wallet:

• Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
• Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your NXS below.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Nexus a good investment?

Cryptocurrencies are complex and speculative, and there are myriad risks you should consider before deciding whether to buy or hold any crypto. If you’re thinking of buying NXS, be sure to take the following factors into account:

• Distribution period and inflation: There is an initial 10-year distribution period of NXS ending on September 23rd, 2024, at which time there will be a total of 78 million NXS. After this time, Nexus says the currency supply will inflate annually by a maximum of 3% via staking and by 1% via the prime and hashing channels. For more details of how this will work, check out this YouTube video of Nexus founder Colin Cantrell explaining NXS inflation.
• Participating in the network: You can earn NXS from your computer, and Nexus currently offers three methods of validating blocks on the blockchain. There are two Proof-of-Work channels and one Proof-of-Stake channel. Minting on the proof-of-stake channel can be done with any amount of NXS, although optimal rewards are seen at approximately 30,000 NXS staked. Most normal CPUs can participate on one of the Proof-of-Work layers.
• Partnerships: Given the stiff competition Nexus faces from platforms like Ethereum and Solana, partnerships will be very important for the network’s adoption and success. Nexus has partnered with nanosatellite launch company Vector to host the cryptocurrency on a satellite platform in space, while in January 2018 it partnered with SingularityNET to explore tech integrations.

Today's Nexus price versus ATH

Compare today's price of Nexus ($0.069973 USD) against its all-time-high price of $13.75 USD on 05 January 2018. The closer the bar is to 100%, the closer NXS is to reaching its ATH again.

How to trade, convert or sell Nexus

You can convert or sell your NXS with the same exchange you bought it through:

1. Sign in to the exchange you have NXS on.
2. If you store your Nexus in a digital wallet, compare crypto exchanges to convert or sell it on.
3. Choose Sell or Convert and place a sell order.
4. Choose the amount of NXS you'd like to convert or sell.
5. Confirm the sell price and fees and close your sale of Nexus.
6. Complete your transaction and move your NXS to a wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.