NXM Wallet

NXM Wallet

You can always easily store, exchange, buy and send your NXM at any time, right in your browser.

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NXM (NXM) Wallet | Guarda.com Wallet

NXM Price

(NXM/USD)

What is NXM?

Nexus Mutual is an open-source blockchain project that offers its users decentralized, cryptographic protection products for smart contracts. Users can obtain coverage or protection for certain activities. It can be seen as a type of insurance, different only from traditional insurance , which sometimes, to maximize its benefits, sacrifices certain customer needs. Nexus offers smart contract coverage to address these vulnerabilities.

The NXM token represents membership rights in Nexus Mutual, as well as the ability to participate in the ecosystem through application, risk assessment and management. The token uses a binding curve to determine the price, which depends on the amount of capital the mutual company has and the amount of capital required to satisfy all claims with a certain probability. Users can place NXM bets to vote on claim estimates and whether to pay a given claim. Participants who choose to vote in accordance with the consensus are rewarded with NXM, while those who vote against it lock their tokens for a certain period of time. Participants have different roles, one of which is to assess the risk of each smart contract. Whenever a claim is submitted, they are responsible for voting on the validity of that claim and the ability to pay. Participants can also use their tokens to vote on smart contracts, depending on how secure they think each particular contract is. The more the NXM stakes out a smart contract, the cheaper it becomes to buy coverage for it; a larger amount at stake is an indication that many participants think the contract is secure.

NXM (NXM) Wallet | Guarda.com Wallet NXM Website

How to Buy NXM

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Buy NXM with SEPA Transfer

SEPA, a payment method for fast and easy payments with Euros. White label user-friendly SEPA purchase solution for NXM and 50+ other cryptocurrencies.

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Buy NXM with Credit Card

You can easily purchase NXM with credit card on Guarda. We offer the best rates to buy NXM using debit card or credit card (Visa or MasterCard).

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How to use NXM (NXM)

Store/HODL NXM

A long-term investment in NXM with the expectation of it increasing in value. You can safely store your NXM in Guarda Wallet.

Exchange NXM

Instantly exchange NXM with the best NXM exchange rates. We offer many trading pairs for NXM trading through our exchange partners.

Send NXM

Guarda allows you to easily buy NXM online and send it to anyone and anywhere with their NXM address.

Receive NXM

Receive NXM from anyone instanteniously through your web browser, mobile phone or desktop app.

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