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Due to recent regulatory changes in Australia, CoinSpot can no longer offer their trading services to Unverified International Accounts.

Please note, you have not lost access to your CoinSpot account or your current balance, but there are restrictions in place whereby Buying, Selling and Trading activity has now been disabled.

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  -6.66%

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What is NKN?

NKN (NKN) aims to assist application developers in building a decentralised internet to facilitate secure, low cost and universally accessible connectivity. The team believes this can be achieved through economic incentives used to motivate users to share network connections and utilise unused bandwidth.

  • NKN is a peer to peer network connectivity protocol and ecosystem powered by blockchain.
  • The network can scale to use millions of nodes and allow users to use an aggregated speed of several routes.
  • Being fully peer to peer and decentralised, means there is no single point of failure and removes the centralised target for hacking.

NKN currently has over 13000 nodes in 37 countries and is working to continue to build the world’s largest blockchain network.

What is a Stop Loss Order?

A Stop Loss Order is a type of order where you can set the amount of bitcoin you would like to sell at a desired price BELOW the current market price.

More Information

How do I Set a Stop Loss Order for NKN?

1.
Select the price (Trigger) you would like to sell your NKN if the market rate falls.
2.
Enter the quantity you would like to sell if the market rate falls to your selected price.
3.
Click ‘Set Stop Loss’ to confirm your NKN Stop Loss and your order will be created. Manage your open orders from the Open Orders page.
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