What is NEXA

Nexa is a Layer-1 Blockchain that employs proof-of-work with native tokens and smart contracts. It has the potential to support global peer-to-peer usage thanks to its ability to scale. Nexa addresses two major bottlenecks in scalability, namely Signatures and UTXO lookups, by leveraging hardware. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (NEXA/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is NEXA
What is NEXA

What is The Background of NEXA?

Nexa is a digital economy that can accommodate everyone’s needs. It is designed to be the most scalable blockchain ever developed, with the capacity to process over 10 billion transactions daily. Despite its scalability, Nexa remains decentralized, and it offers EVM-like smart contracts and native token services to users.

Bitcoin Unlimited, an organization of cryptocurrency experts with a collective experience of over 70 years in crypto, built Nexa and continues to maintain and upgrade it. Bitcoin Unlimited has been operating for seven years and has a proven track record of success in building crypto-related projects. The software developed by Bitcoin Unlimited has served as the backbone for both Bitcoin (BTC) and Bitcoin Cash (BCH), facilitating the operation of billions of dollars worth of mining and economic infrastructure over the years.

Key Features of NEXA

Nexa’s unique Proof-of-Work algorithm allows it to scale up to 10 billion transactions per day, providing sufficient capacity for the entire planet. This means no high fees and no need to wait for transaction confirmation. It leverages new technology to eliminate the bottlenecks of node bandwidth, storage, and computation speed.

Moreover, Nexa employs an ultra-scalable smart-contract system that allows for almost everything that is possible on an EVM chain without the significant scaling challenges that turing-complete networks face. These smart contracts, referred to as “wise contracts,” are not only intelligent but also resourceful in their use of network resources.

Nexa also allows for instant transaction processing, as they are promptly transmitted across the network. This is made possible by the miner rules of the network, which provide sufficient security for specific types of transactions. In the near future, it will implement a new technology that enables trustless transactions of any amount, instantly. This feature will enable anyone to opt for instant payment credits.

Where to buy NEXA Token

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

What is the Price of NEXA Tokens?

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

How to buy NEXA Tokens

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

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “NEXA” using the search bar to see the available trading pairs. Take NEXA/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of NEXA 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 NEXA] to confirm your order. You will find the purchased NEXA in your Spot Wallet.

You can find a detailed guide on how to buy NEXA 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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