Last update: Jun 6, 2022

How to Buy Nexus (NXS)

So you’re looking for a guide on how to buy Nexus. Depending on where you live, you’ll have different crypto trading platforms to choose from.

In this guide, we not only cover the top 3 global cryptocurrency trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

How to Buy Nexus – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a cryptocurrency trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Nexus of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger cryptocurrency trading platforms.

4. Buy Nexus

Now that you have what you need to buy Nexus, head over to the market or buy section of the crypto exchange and buy some NXS.

If the crypto exchange doesn’t have any Nexus on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Nexus first), and trade your Ethereum for Nexus.

Where to Buy Nexus (NXS)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Nexus

1. Sign into the crypto trading platform where you bought Nexus.
2. Move your Nexus to the right place on the crypto exchange. Some exchanges have trading accounts you need to use for buying and selling.
3. Sell Nexus.

 

How to Buy Nexus (NXS) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Nexus in Australia, the process remains the same:

1. Find a crypto exchange below.
2. Sign up for an account.
3. Fund your account with AUD.
4. Buy Nexus if it’s available. If the exchange doesn’t have Nexus. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Nexus), and trade your ETH for Nexus.

If you’d like to learn more about the exchanges we prefer, read our comparison of the best cryptocurrency trading platforms in Australia.

How to Buy Nexus (NXS) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Nexus in Canada, the process remains the same:

1. Find a crypto exchange below.
2. Sign up for an account.
3. Fund your account with CAD.
4. Buy Nexus if it’s available. If the exchange doesn’t have Nexus. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Nexus), and trade your ETH for Nexus.

It’s also possible to check out our comparison of the top 10 crypto exchanges in Canada for those looking to learn more about which ones we prefer.

How to Buy Nexus (NXS) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Nexus in the UK, the process remains the same:

1. Find a crypto trading platform below.
2. Sign up for an account.
3. Fund your account with GBP.
4. Buy Nexus if it’s available. If the exchange doesn’t have Nexus. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Nexus), and trade your ETH for Nexus.

It’s also possible to check out our comparison of the best bitcoin trading platforms in the UK if you’re looking to learn more about which ones we prefer.

Considering buying Nexus? NXS Rundown

Nexus is a community-driven initiative with the common vision for a world that inspires by responsible and innovative values, extensive technology, and the fundamental quality connection being universal, free and available to all. Nexus was created in 2014 without any ICO or premine. It is intended to simplify life, empower communities and streamline business.

In late 2019, the Tritium Protocol was released. This ushered in the TAO Framework, the first of three major architectural upgrades (Tritium Protocol, Amine, and Obsidian). Nexus is a seven-layered software platform that powers a register based process virtual machine. It also serves as a powerful DApp, contract platform and creates value across many industries. Access to development is made possible by a variety of JSON-based APIs that are specific to each industry, including encrypted communication, digital identifications, supply chain management, cryptography and tokenization.

Nexus uses FALCON post-quantum signatures and automated key management functions via a technology called "Signature Chains". This technology eliminates key management problems (wallet.dat). Users can access their accounts using the familiarity of a username and password. Nexus is also developing additional technology, including a Decentralized Autonomous Organization for Governance (DAO), Safenet, and a Hack Resistant Operating System (HOS). These technologies are connected via a multi-dimensional chaining structure, which employs sharding. It also uses low latency transaction finality and truly decentralized multilayer consensus.

Related:

• How to Buy Nexo (NEXO)
• How to Buy NKN (NKN)