What is Wrapped NXM? Wrapped NXM (WNXM) is a cryptocurrency built on the Ethereum blockchain. It was founded in 2020 by Hugh Karp. It is also in the management token for the Mutuat protocol. It is a project that represents the ownership of common capital.
What is Wrapped NXM?
Nexeus Mutual originated with Ethereum and smart contracts. It aims to bring a decentralized alternative way to the insurance ecosystem. The main purpose of the project is to increase the value of WNXM Coin depending on the increase in capital. As joint capital increases, WNXM Coin will increase in value. Also, collateralized purchases create a token that is used to manage, assess risk and claims.
As of the date of this writing, 3 March 2022, 1 WNXM Coin is 412.21 TL. With the current exchange rate, it is equivalent to 29.15 dollars. It has lost 2.41% value in the last 24 hours. The circulating and maximum supply of WNXM Coin is 1,676,964 WNXM coins. Wranped NXM (WNXM) Coin is ranked 489 in the cryptocurrency market. In addition, the total market value is $74,210,537.00.
Advantages and Disadvantages
Here are some advantages of WNXM Coin:
- Trade on trusted and popular exchanges can be done.
- Since its value will increase at the same rate as the capital increases, this method offers its investor a profit opportunity.
Some disadvantages of WNXM Coin are as follows:
- Investors who gain value at the same rate with the increase in capital, decrease in capital assets will lose value at the same rate.
- It does not have strong security against possible attacks. Therefore, this situation is a situation that undermines the confidence of investors.
How to Get WNXM Coin?
- WNXM Coin is listed on trusted, popular and trading volume exchanges such as Binance, Mandala Exchange, OKX and Hotcoin Global.
- First of all, enter any exchange platform where the above mentioned WNXM Coin is listed. Then enter the free account creation page.
- Create your account after entering the requested information.
- Complete the authentication process steps.
- Now that you have completed the account opening and verification process, transfer money from the deposit tab of the exchange with the method that is convenient for you.
- In the last step, enter the exchange tab where WNXM Coin is listed. You can have WNXM Coin at the current price or by entering the amount you want.
