$66,966.00
$2,606.73
$1,300.89
$2,389.10
$591.05
$355.36
$294.43
$153.92
$66.14
$154.73
$70.81
$74.47
$50.55
Nashcash
(naca)
Not AvailableMarket Data For nashcash
| Current Price | $0.0000 |
| Market Cap | |
| Market Cap Rank | - |
| Total Volume | - |
| High 24H | - |
| Low 24H | - |
| Price Change 24H | - |
| Price Change Percentage 24H | - |
| Market Cap Change 24H | - |
| Market Cap Change Percentage 24H | - |
| Circulating Supply | - |
| Total Supply | - |
| All Time High | - |
| All Time Low | - |
Coin Data For nashcash
| Website | https://nash.io/ |
| Explorers | http://explorer.nashcash.net/ |
| Wallets | Nash Wallet (App) |
| Community | https://twitter.com/nashsocial?lang=en |
| Source Code | https://github.com/nash-cash |
About nashcash
Nash Coin Review: Mining Guide, Price & Analysis of Nash Cryptocurrency
Nash is a non-custodial exchange for cryptocurrencies powered by the NEX coin. Nash seeks to bring the control of their cryptocurrency assets. Control is a big problem with centralized exchanges.
This is against Bitcoin vision for cryptocurrencies. In non-custodial exchanges, users have full control of their cryptocurrency assets. The only thing that is private is the team and part of the code. Everything else is community owned and controlled.
The vision of Nash is to bring decentralized finance to everyone. Also, they want to provide a safe and user friendly environment for users. This is critical to stimulate the adoption of cryptocurrencies. With Nash, access is easy.
Additionally, the developers of Nash vow to remain compliant to regulations. Not many exchanges can say this. Nash is the world’s first registered digital security. It lays the groundwork for future companies seeking to provide the same financial services. Let us see how it works
How Nash Works
Nash seeks to set itself apart by providing a non-custodial exchange environment. To achieve this, the developers leave the control of the exchange in the hands of the community. The only control the team has is over part of the code. They are responsible for maintaining security and keeping the exchange up to date.
Additionally, the exchange processes transactions very fast. This is very important in financial markets. Some transactions require instant execution. Nash promises to make this a priority. The exchange allows users to transact in under 100ms. Transactions are real-time on this exchange.
Further, the exchange promises convenience. Users can easily exchange cryptocurrencies and even pay with fiat currency. This is possible due to its cross chain capabilities.
Even better, Nash is a regulated company. Nash has worked with regulators since 2017 to present day. The aim is to ensure they are fully compliant and legally secure. The team believes that legal compliance is the key to growing digital finance.
All these make up a robust and efficient exchange. It combines the security of a distributed ledger with the speed and functionality of traditional services.
Can Investors Mine Nash Coins?
The coin that powers the Nash exchange is the NEX coin. However, you cannot mine this coin. The Nash blockchain operates on the Proof of Stake consensus. Holders of the coin hold the coin in a wallet for a period of time to help maintain security on the platform.
Holders of the coin can stake their NEX tokens to receive rewards. The reward model is as follows. If you stake your coins for one month, you receive a 25% profit. For a two months stake, you get a profit of 27.2%. Further, you get a 29.4% profit for a three month stake.
For every month you stake, you earn a higher percentage rate. The most number of months you can stake your coins is 24 months. For this, you receive a profit of 75%.
Additionally, your tokens may gain value while locked in the wallet. This means that you will receive a higher profit from your staked coins.
The Team behind Nash
The people behind Nash do not introduce themselves to the public. They operate anonymously. However, they vow to operate Nash with full dedication. For this, they get the benefit of doubt from the community. As long as they are doing a good job, the community decides to trust their work instead. Moreover, users can completely trust the code of the blockchain.
Additionally, they offer ample customer support to users. Nash has a live chat option on the official website. Also, you can leave the team a message by filling out a contact form.
Even better, the team members are very active on various social media platforms. You can find the team on Twitter, Instagram and Telegram. The team is engaging and responsive on these platforms.
The NEX Token
The NEX token powers the Nash Exchange. This token has several use cases such as paying transaction fees and paying rewards to token stakers. Hence, the NEX token is the security token for the Nash exchange.
The performance of this coin depends on the success or failure of the Nash exchange. As it stands, this coin is doing fairly good in the markets. It ranks 284th in market cap share. This is with a market cap of $34,446,623.
This market cap is still low. Still, this shows a lot of promise. This coin has the potential to be a top 100 coin in market cap share. The only thing that needs to happen is the adoption of the Nash exchange.
Privacy and Security
Nash takes the security of users very seriously. Nash operates a managed security program with Bugcrowd. Bugcrowd is a platform that hosts crowd-sourced security management services. Remote users participate in penetration testing and bug bounty hunting. These activities have rewards to the participants.
The economic incentives ensure that participants perform a great job in maintaining security. Moreover, Bugcrowd helps you find your unknown attack surface. This way, you can prioritize and manage such surfaces.
Further, the developers set up this exchange on a blockchain. Blockchain technology comes with a lot of security advantages. It contains distributed nodes. These nodes work together to keep the network secure. Also, it means that there is no central database to attack.
Even better, Nash does not store or recover your keys. Your passwords are encrypted to ensure you have full control over them.
Our Take on Nash
There are many advantages to decentralized finance. Central institutions control all the operations of traditional financial markets. They control fees and all the assets. However, blockchain solves this. Decentralized finance is the new evolution.
Nash combines the security of a distributed ledger with the speed and functionality of traditional services. Users have control over their assets and freedom during transactions. At the same time, they enjoy low charges during transactions.
This aligns with Satoshi’s original vision for cryptocurrencies. Hence, it is easy to see the cryptocurrency community get behind this project. It is an easy value proposition to sell.
Advantages
- The platform offers users a fast and secure platform.
- It is versatile and easy to use.
- Nash does not require a KYC test.
Disadvantages
- Nash does not have high adoption.
- There have been many bug reports on the exchange.
How to Buy Nash Coins
If you want the NEX token in your portfolio, then the best way is to buy it. Some of the best exchanges you can buy it from include the Nash exchange, Tokok, Bitfinex, and Switcheo Network. The price of one NEX token is $1.18 at the time of writing this. Additionally, it has a 24-hour trading volume of $189,526.
You will need a wallet to store your crypto assets. The Best wallet to use is the Nash proprietary wallet. It makes it easy for you to track your portfolio.
Final Verdict
The Nash exchange is revolutionary. It is a non-custodial exchange that uses blockchain technology. Hence, it is easy to get people behind it. As it stands, its native coin NEX is not doing so well in the markets. This is an indication of the usage rate of this exchange. The developers need to do a better job of getting people on board.
Nonetheless, Nash shows a lot of potential. The coin NEX is maintaining its value in the markets. We can see the value go up as Nash gains popularity.
