What is Navcoin (NAV)

Navcoin is a digital currency that uses innovative technology to provide quick and dependable payments while safeguarding user privacy. With a Navcoin wallet, one can carry out both public and private transactions, earn rewards by staking to validate the network, mix coins to enhance privacy and participate in project proposals.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (NAV/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is Navcoin (NAV)
What is Navcoin (NAV)

What Exactly is Navcoin?

NavCoin is a user-friendly and privacy-focused cryptocurrency. It has been around since 2014, making it one of the older cryptocurrencies that predates the ICO boom. Despite its age, NavCoin has remained relevant by implementing numerous upgrades and features over the years. The team behind NavCoin is experienced and committed, which has resulted in steady growth for the platform.

One of the distinctive features of Navcoin’s cryptosystem is that public NAV coins can be converted to xNAV, the groundbreaking privacy coin that ensures untraceable transactions, on a 1:1 basis. Moreover, Navcoin has released wNAV, a wrapped version of NAV, which can be used in other ecosystems like Ethereum and Binance Smart Chain (BSC).

What are the Features of Navcoin?

Navcoin believes that privacy is a fundamental right for everyone, without fear of constant monitoring. That’s why they developed blsCT, a groundbreaking protocol that powers the privacy coin xNAV. With blsCT, anyone can transact anonymously unless they choose to permit someone else to see. This ensures that users have complete control over their transactions and can conduct them in a secure and private manner.

Furthermore, Navcoin aims to be a versatile currency for making payments. Meaning it’s crucial to have a utility not only within its own set of applications but also in external ecosystems. In order to broaden its horizons and facilitate future innovation, Navcoin has introduced wNAV. It is a wrapped version of NAV and xNAV that is usable in other ecosystems such as Ethereum and Binance Smart Chain. This move has opened up numerous opportunities for the currency and made it more accessible to a wider audience.

Navcoin’s network functions as a decentralized autonomous organization that employs the Proof of Stake consensus mechanism to enable each NAV holder to participate in network governance. By staking their coins, any individual who owns NAV can make their voice heard. Furthermore, Navcoin is self-funded through its treasury, self-directed through consultations, and self-governed through consensus changes, making it capable of surviving for an extended period.

What is the Navcoin Platform?

Navcoin is not only a privacy coin but also a high-utility privacy platform. It enables new and existing ecosystems to obtain the same privacy-preserving properties as Navcoin. In an effort to extend privacy to as many people as possible, Navcoin has introduced the ability for anyone to mint private tokens on its blockchain. Private tokens can represent arbitrary tokens created by anyone on the network, as well as tokens from other ecosystems with their value pegged and backed by another underlying asset (such as BTC or USDT).

With the increasing popularity of NFTs, artists are creating incredible pieces of art, and collectors are eager to acquire them. However, public blockchains can leak NFT metadata, such as ownership information, on block explorers. Navcoin’s private NFTs solve this problem, providing privacy and security for NFT creators and collectors alike.

Where to buy NAV Token

You can find NAV Token here at MEXC! We are listing NAV/USDT in our Innovation Zone!

What is the Price of NAV Tokens?

NAV token is coming to MEXC soon. You can check the live price of their token right here!

How to buy NAV Tokens on MEXC

You can buy NAV Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “NAV” using the search bar to see the available trading pairs. Take NAV/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of NAV you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy NAV] to confirm your order. You will find the purchased NAV in your Spot Wallet.

You can find a detailed guide on how to buy NAV Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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