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What is Nxt?

Nxt (NXT) is one of the first Proof of Stake coins and is an open source blockchain platform. Written from scratch in 2013 in Java by the coin's founders, Nxt aims to make life easier for individuals by utilising and integrating with various decentralised applications (DApps).

  • As one of the first coins to use the Proof of Stake algorithm, Nxt has stood the test of time becoming a trusted PoS token.
  • Due to Nxt’s modular nature and many built in features, most dApp use cases are perfectly suited to function on its Proof of Stake algorithm.
  • Nxt has proved it is a very stable blockchain, with over 6 years without any major downtime, bugs or exploits.

Due to the open source nature of NXT, there are a large number of applications that allow third party developers to create dApps on the network. This and NXT’s stance on high security and an impressive track record will continue the project’s support.

How do I swap Nxt?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Nxt

Why Should I Trade NXT with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Nxt no matter what your trading experience is. Unlike other international and Australian Nxt exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Nxt with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Nxt how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Nxt?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Nxt for free.

Cold Storage

If you are holding Nxt as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Nxt. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Nxt. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Nxt has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Nxt is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Nxt exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Nxt & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Nxt safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Nxt portfolio here.
Yes! With CoinSpot you can convert your Nxt to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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