1. NXT Coin – what is it? Where can we buy it?
NXT pronounced as ‘Next’ is the next generation of the crypto-currencies. It is considered to be the
evolved version of Bitcoin. However, unlike other Altcoins, NXT Coin is independent from Bitcoin in it’s
features and design. It is actually very different and in many cases, better than Bitcoin. It is a completely
new concept and a revolution in the direction of the development of crypto-currencies.
The age-old paper money was replaced to quite an extent by plastic credit cards which made the whole
process of money transaction much simpler and convenient. Whether you had cash or not, having a
credit card is like having money in your pocket. A simple card can be used or swiped at any outlet where
credit cards are accepted and you could pay for the goods and services conveniently.
However, security has always been an issue with this form of transaction, particularly when paying
online. In order to counteract this problem, digital currencies or cryptocurrencies were introduced a few
years back. Bitcoin was developed to make monetary transactions simpler, safer and more convenient.
It offered an alternative to plastic money and it can be used anywhere without the hassle of carrying
your credit cards in your wallet. It was also much cheaper service as compared to credit cards as there
was less or no transaction fee. Some other forms of cryptocurrencies based on the source code of
Bitcoin were soon developed such as Litecoin, Peercoin, Dogecoin, etc.
NXT Coin was first introduced by its silent inventor BCNext. This is considered as the future of money
and is much more than a mere payment system. It is the evolved form of the 1st generation
cryptocurrencies and has features that are more advanced and much more beneficial than them.
You can buy NXT Coin in many ways and places. Following are a few of the more popular ones.
2. Bter
It is one of the largest exchanges that offers the ability to buy different altcoins including NXTCoin. You
have the freedom of buying, selling or trading Altcoin as much and as you like. With just 0.2% to buy or
sell NXT Coin, it is one of the exchanges with quite moderate fees. What’s more, Bter also offers interest
on NXT Coin.
Cryptsy
This exchange has non-anonymous owners and thus people find it easier to trust it. But, it is not the
most efficient one. It has had many issues in the past which makes people a little wary while buying or
selling their altcoin with them. However, it is one of the better ones with a robust trading volume, only
next to Bter.
DGEX
DGEX has the recognition of being the first real NXT exchange. One of the prominent features is that it
serves exclusively to NXT and has a long experience in NXT trading, making it one of the best places to
buy, sell or trade NXT