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Wrapped NXM (WNXM)

Purpose: Decentralized Finance (DeFi)
Website: https://nexusmutual.io/
Coingecko Infos

Price for 1 WNXM

69,16 $

3,61 %

Rank: 562 - Market Cap: 0,07 bn $

Wrapped NXM (WNXM) is a tokenized version of the Nexus Mutual token (NXM) that can be used on other platforms that support the Ethereum blockchain moreWrapped NXM (WNXM) is a tokenized version of the Nexus Mutual token (NXM) that can be used on other platforms that support the Ethereum blockchain. It was created to provide easier access and liquidity to the NXM token. The benefits of Wrapped NXM include:

1. Increased liquidity: WNXM can be traded on decentralized exchanges, making it easier for individuals to buy, sell, and exchange NXM tokens.

2. Lower barriers to entry: By converting NXM into WNXM, users can avoid the costly and time-consuming process of purchasing NXM from the Nexus Mutual platform, which includes completing KYC and waiting for their request to be approved.

3. Access to new markets: WNXM can be used in the growing DeFi ecosystem, enabling users to participate in a range of decentralized financial services.

The WNXM token itself also has several functions. It can be used to vote on proposals related to the governance of the Nexus Mutual platform, and holders of WNXM can earn rewards for staking their tokens in the platform's risk pool. Additionally, WNXM can be used to purchase coverage from Nexus Mutual's insurance pool.

Sources:

- https://medium.com/nexus-mutual/wnxm-the-nxm-wrapper-token-fecfb343c36d
- https://www.coingecko.com/en/coins/wrapped-nxm
- https://defipulse.com/defi-listing/wrapped-nxm (AI generated summary)

Chose coin

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Dogecoin (DOGE)

Shiba Inu (SHIB)

Avalanche (AVAX)

Wrapped Bitcoin (WBTC)

Bitcoin Cash (BCH)

Chainlink (LINK)

NEAR Protocol (NEAR)

Polygon (MATIC)

Internet Computer (ICP)

LEO Token (LEO)

First Digital USD (FDUSD)

Ethereum Classic (ETC)

Renzo Restaked ETH (EZETH)

Cosmos Hub (ATOM)

Immutable (IMX)

Bittensor (TAO)

Wrapped eETH (WEETH)

dogwifhat (WIF)

The Graph (GRT)

Injective (INJ)

Amount (optional) EUR

Payment methods:

Credit Card

Bank Wire

Paypal

Giropay

Usability:

Mobile App

Beginner friendly

Easy crypto withdrawal

No KYC needed

Features:

Crypto Credit Card

Lending/Interest

DCA Service

Crypto Index

Stocks/ETFs

Many Coins

Buy Wrapped NXM (WNXM) on these exchanges:

Recommended

Recommended
Price

Biggest Exchange

Usability

90%

Features

95%

Fees

94%

Trust

74%

Support

73%

Biggest crypto exchange

Hundreds of cryptocurrencies
Low fees
many Features (Staking, Futures, Options, Margin trading...)
Ethereum Staking

for US customers use binance.us

Price for 1 WNXM

69,39 $

Fees included

Number of Coins: 0 Payment methods:

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No KYC (below 10 BTC)

Usability

85%

Features

60%

Fees

89%

Trust

47%

Support

59%

Crypto Exchange without KYC (below 10BTC)

No KYC below 10BTC/day necessary
Many coins, new project listed fast
Usability (comparable to Binance)

credit card (max 10.000 dollar) only way to buy with dollar

Price for 1 WNXM

30,31 $

Fees included

Number of Coins: 0 Payment methods:

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Wrapped NXM (WNXM) Chart

WNXM trending in the last 30 days

🔥 Daily Top Winner

Trending on Coingecko

Trending on Coingecko

Trending on Coinmarketcap

Trending on Coinmarketcap

High Trading Volume

High Trading volume

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