NXM Wallet: Online, Mobile & Desktop App | Guarda Wallet

NXM Price

(NXM/USD)

Download NXM Wallet

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.

Download the Guarda Crypto Wallet App and hold your NXM and 50+ cryptocurrencies, anytime and anywhere.

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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 Wallet: Online, Mobile & Desktop App | Guarda Wallet NXM Website

FAQ

1. What is the best NXM wallet?

Guarda is one of the best wallets according to Investopedia.com and Hackernoon.com for NXM. Guarda is a non-custodial wallet that supports more than 400K+ assets. Use an online wallet right in your browser or download a web/mobile version.


2. How do I get an NXM wallet?

You can download the application from the Apple AppStore, or Google Play, or install a desktop wallet. You can also use an online wallet. Create an account on Guarda; Set a strong password and save your wallet backup; Create a wallet and add your NXM.


3. How to get an NXM wallet for Android or iOS?

Download Guarda from AppStore or Google Play; Create an account on your Guarda Wallet; Tap the “Receive” button in app; Paste the generated address or scan the QR code when sending coins from an external wallet or exchange to Guarda.


4. Is Guarda Wallet app safe?

Guarda is a non-custodial crypto wallet. Guarda stores no private data, backup files, or keys, and no one has access to the user's wallet. Users are the only ones who have access to private information.
Security features include: fingerprint authorization; PIN code; backup file

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