Where to buy Nexo: NEXO Buying Guide 2022

Where to buy Nexo

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Nexo (NEXO) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Nexo.

1. Huobi Global

Huobi is one of the world's major cryptocurrency trading platforms, originally located in Beijing but now headquartered in Singapore. The exchange accepts both ICO tokens, cryptocurrencies and highlights the Blockchain economy's future development.

This Exchange has incredible features that appeal to global investors, such as derivative trading. It is a Huobi Global feature that allows you to trade in both futures and swap markets. This function truly assists exchange users in maximizing their earning potential.

Huobi Global is regarded as a secure and trustworthy platform for purchasing, trading, storing, earning, and selling 348 digital currencies. Tens of millions of consumers in more than 195 countries utilize the exchange, which accepts over 60 payment options for converting cash to cryptocurrency.

Huobi Global Pros

• A wide variety of supported cryptocurrencies.
• Simple to use interface.
• Low Fees for trading on the Exchange.
• Customer service chat is available 24 hours a day, seven days a week.
• Offer buying large amounts of cryptocurrencies on OTC Desk.
• There is an iOS and Android app available.

Huobi Global Cons

• It might not be suitable for novices.
• Hard to verify new accounts (KYC take some time).

How to buy Nexo on Huobi Global

Follow the steps below to buy Nexo (NEXO) on Huobi Global: First and foremost, please ensure that you have sufficient USDT assets in your balance.

1. Visit Huobi global website. On the home page, select Nexo, and then on the next page, click "Buy Crypto"

2. Within 45 seconds, enter the entire amount of money you want to spend or the total number of NEXO you wish to acquire. Then, choose "Order." Next, select a payment option and transfer funds straight to the seller using the information given.

3. Then, using the payment option you selected, transmit the complete amount of money within the time period specified. Following payment completion, please click "Paid".

4. If all of the information is accurate, "Confirm" to confirm that you have finished the payment.

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2. FTX

FTX is a cryptocurrency futures exchange that has swiftly established itself in a rapidly growing section of the cryptocurrency trading industry.

The exchange has received a lot of favorable feedback from the crypto trading community and already has strong daily trading volumes. This is pretty significant given the platform's relative young and the fact that FTX is not available to anybody located in the United States.

The exchange debuted in May 2019 and offers its users a variety of unique trading products such as Bitcoin options, over 45 leveraged tokens, 20 continuous swaps, MOVE contracts, and futures markets.

Getting Started with FTX

The signup procedure is basic and similar to that of other cryptocurrency exchanges. You can begin by doing the following:

Step 1: By selecting the "Register" tab at the top right of the home page. In the pop-up registration box that appears, enter your email address and password.

Step 2: To register an account and receive a confirmation email, click the "Sign Up" button.

Step 3: By clicking on "Account Security" and selecting Authy, Google Authenticator, or SMS, you may now safeguard your account.

Step 4: You can now deposit funds to trade; however, your account has a total withdrawal restriction of $1,000 until KYC verification is completed.

Step 5: To finish the KYC verification procedure and unlock larger withdrawal limits, go to the "Settings" tab.

How to buy Nexo on FTX

Buying Nexo on FTX Exchange is pretty easy and you can follow the below guide to purchase your first NEXO

1. Log in to your FTX account.

2. On the upper right-hand side, click Wallet.

3. Select the asset you want to Deposit by clicking the Deposit button.

4. Enter the amount you want to buy in crypto or your local money.

5. Choose a payment method. To confirm your purchase, click Deposit USD (you can always click the back arrow to make a change).

6. If all of the information is accurate, click Buy to complete your transaction.

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Other Exchanges to buy Nexo

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy NEXO.

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Buy Nexo on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Nexo (NEXO) easily.

1. Uniswap (v3)

Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.

The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.

Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.

Uniswap (v3) Pros

• It maintains your anonymity because it does not require KYC or registration.
• You have complete control over your tokens.
• On Uniswap, users may exchange flash swaps.
• Transaction costs are split between Uniswap and liquidity providers for maintaining a healthy growth rate.

Uniswap (v3) Cons

• It only supports ECR-20 tokens.
• The frequency of bogus tokens as a result of open listing.
• Flash swaps can result in cyber-attacks.

How to buy Nexo on Uniswap (v3)

In this section, we'll go through below steps on how to make your first Nexo purchase on Uniswap.

Uniswap allows you to buy Nexo (NEXO) and any of the thousands of ERC20 tokens offered by the Ethereum network. To do so, you'll need sufficient ETH on hand to cover any transaction costs, as well as anything to exchange for the ERC20 token you desire mostly Ethereum or USDT (ERC-20).

 

Step 1: Navigate to the Uniswap exchange platform. Click the 'Connect to a wallet' option in the upper right corner and log in with the Metamask or Trust wallet.

Step 2: After logging in, the trading dashboard will be shown. Select the token you want to trade for, and the token you want in the top section (in our case Nexo), You can also search Nexo (NEXO) in Coinmarketcap and copy/paste the NEXO contract in uniswap.

Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.

Step 4: At the bottom of the order menu, you'll see how much you'll be charged. If you're satisfied with these numbers, click the 'Swap' option. When you're finished, confirm the transaction, and it'll be processed. Once completed, your tokens will be available in your ERC20 wallet.

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Conclusion

Choosing the best cryptocurrency platform for Nexo (NEXO) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.

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