Buy Wrapped NXM (WNXM) Crypto - How to Invest in Wrapped Nexus Mutual (WNXM)

Wrapped NXM (WNXM) Crypto

Wrapped NXM (WNXM) is a cryptocurrency that is an ERC-20 token on the Ethereum blockchain. It is tied to the price of NXM, the native token of the Nexus Mutual insurance platform.

WNXM is used to provide liquidity to the Nexus Mutual platform and to facilitate trading on decentralized exchanges. Users can convert their NXM to WNXM through a process called "wrapping" which allows them to trade NXM without having to go through additional Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures.

WNXM has a total supply capped at 12,375,000 tokens, with a circulating supply of 8,234,297 tokens as of June 2021. It is supported by various decentralized exchanges including Uniswap and SushiSwap.

Advantages and Disadvantages

Advantages:

WNXM offers a way for NXM investors to trade and provide liquidity without having to go through additional KYC and AML procedures.
WNXM is supported by various decentralized exchanges making it easily accessible for trading.
WNXM can be used to stake on the Nexus Mutual platform to earn rewards.

Disadvantages:

WNXM is tied to the price of NXM, which means that any fluctuations in the price of NXM can affect the price of WNXM.
As an ERC-20 token, WNXM is subject to gas fees on the Ethereum blockchain which can be high during times of high network congestion.

Wrapped NXM (WNXM) Price Prediction

Wrapped NXM (WNXM) is a cryptocurrency that is designed to provide exposure to the Nexus Mutual platform. Nexus Mutual is a decentralized insurance platform built on the Ethereum blockchain and offers smart contract coverage for various protocols and assets. The WNXM token is an ERC-20 token that is fully collateralized by the NXM token, which is the native token of the Nexus Mutual platform.

According to CoinMarketCap, the current price of WNXM as of August 30th, 2021, is approximately $92.94 with a market cap of over $921 million. As with any cryptocurrency, the price of WNXM is subject to a range of factors that can influence its value over time. Here are some factors that could potentially impact the price of WNXM in the coming months:

Adoption rate: The adoption rate of Nexus Mutual could play a crucial role in determining the demand for WNXM. The more users start using Nexus Mutual, the higher the demand for WNXM could be.
Market sentiment: The overall market sentiment towards cryptocurrencies could also impact the price of WNXM. Any negative sentiment towards cryptocurrencies as a whole could drag down the price of WNXM.
Competition: There are other insurance platforms that could potentially compete with Nexus Mutual. If a competitor gains traction and starts offering similar services, it could impact the demand for WNXM and, in turn, its price.
Regulations: Regulatory developments in the cryptocurrency industry could also play a role in the price of WNXM. Any positive regulatory developments could boost investor confidence and, in turn, increase demand for the token.

Overall, predicting the price of any cryptocurrency is challenging due to the volatility of the market. However, considering the current market trends and the outlook for Nexus Mutual, it is possible that the price of WNXM could increase in the coming months if the platform continues to gain popularity and adoption.

Disclaimer: The above is not investment advice. Cryptocurrencies are highly volatile and carry substantial risk. Always do your research and consider your risk tolerance before investing.

Is Wrapped NXM (WNXM) a Good Investment?

Wrapped NXM (WNXM) is a cryptocurrency that has gained significant attention in recent times. WNXM is a tokenized version of Nexus Mutual (NXM), a decentralized platform that offers insurance against smart contract failures and hacks.

The WNXM token is used to provide liquidity for the NXM protocol. It is also used to earn rewards for staking and participating in the governance of Nexus Mutual.

Whether WNXM is a good investment option depends on a number of factors, including market trends, underlying technology, and project fundamentals.

Market Trends: The crypto market has been volatile in recent years, and the performance of WNXM is likely to be impacted by these fluctuations. It's important to conduct a thorough analysis of market trends before investing in WNXM.
Underlying Technology: Nexus Mutual is built on the Ethereum blockchain, which is known for its robustness and security. This bodes well for WNXM's long-term prospects if the underlying technology continues to improve.
Project Fundamentals: Nexus Mutual is a well-established project that has gained traction in the crypto community. Its focus on insurance against smart contract failures and hacks is a unique value proposition that could help WNXM stand out in the market.

In conclusion, whether WNXM is a good investment option depends on a variety of factors. It's important to conduct thorough research before making any investment decisions and to keep an eye on market trends, underlying technology, and project fundamentals.

Where to Buy Wrapped NXM (WNXM) Crypto?

Wrapped NXM (WNXM) can be bought on several cryptocurrency exchanges, including:

It is important to note that not all exchanges may support WNXM and the availability may vary based on your region.

Before purchasing any cryptocurrency, it is recommended to do thorough research on the exchange and the coin itself, as well as keeping in mind the risks involved in investing in cryptocurrencies.

crypto exchange	volume 1h, USD	volume 1d, USD	volume 1m, USD	to website
Binance	502,824,167.29	9,090,068,510.83	188,021,668,265.13	open
Gemini	2,463,829.41	83,701,125	2,274,562,528.5	open
Huobi	-	-	-	open
POLONIEX	-	-	-	open
Huobi Global	1,005,400,507.9	10,817,681,562.41	1,360,101,686,184.9	open
OKEx	2,380,445,668.47	39,517,338,303.71	1,612,989,626,930.74	open
HitBTC	19,791,120.51	484,138,429.18	15,830,480,116.63	open
Kucoin	49,187,724.63	33,734,801,998.95	335,758,426,170.95	open
Bibox	-	-	-	open
CEX.IO	108,325.55	3,655,384.99	61,900,913.08	open
TokTok	-	-	-	open
BigONE	30,223,741.45	695,329,874.08	31,059,033,373.06	open
Huobi DM	1,779,467,495.87	23,484,196,110.89	483,887,976,359.2	open
LATOKEN	1,346,170.31	40,065,522.93	22,467,500,059,962.35	open
CoinBene	-	-	-	open
Hadax	-	-	-	open
Bitrabbit	-	-	-	open
BitMart	-	-	49,613,395,428,461,970	open
Cryptology	2,954,244.13	49,054,188.01	988,186,833.43	open
Bitrue	-	-	-	open
Gate.io	26,476,452,860,590,824	649,168,688,929,442,600	19,254,978,731,058,377,000	open
Indodax	136,607.57	10,506,027,800,979,844	1,017,454,926,642,614,100	open
Bit-Z	-	-	-	open
Bilaxy	-	-	-	open

rank	coin	price $	market cap $	volume 24h $	% 24h	% 7d
1	Bitcoin	96171.60 ↓	1,906,848,705,062	48,418,299,012	-2.1	-1.37
2	Ethereum	2689.77 ↓	324,295,641,973	32,496,669,287	-2.25	-0.59
3	Tether	0.99978 ↓	142,457,635,614	107,782,730,228	-0.05	-0.04
4	BNB	656.55 ↑	93,542,381,887	1,977,175,541	0.03	-0.43
5	USD Coin	0.99991 ↑	57,185,870,776	10,681,143,596	0	0
6	XRP	2.57 ↓	148,933,588,094	5,777,772,795	-3.79	-8.12
7	Cardano	0.76118 ↓	26,797,142,812	990,580,769	-5.04	-4.92
8	Dogecoin	0.24325 ↓	36,037,791,446	2,090,742,447	-4.34	-12.44
9	TRON	0.23753 ↓	20,447,537,023	608,319,549	-4.65	1.91
11	Polygon	0.29424 ↓	563,108,655	5,004,668	-4.75	-8.91
12	Litecoin	127.23 ↓	9,613,415,753	1,771,437,542	-5.31	-3.05
13	Polkadot	5.09 ↑	7,888,524,557	351,441,809	0.02	0.31
14	Toncoin	3.66 ↑	9,131,832,836	216,802,247	1.6	-3.59
15	Dai	0.99988 ↓	5,364,735,874	259,066,768	-0.02	-0.02
16	Binance USD	1.01 ↑	61,331,623	16,601,755	0.18	0.45
17	Wrapped Bitcoin	96154.19 ↓	12,432,810,547	415,218,607	-1.97	-1.2
18	Shiba Inu	0.0000153 ↓	9,009,289,669	254,916,788	-2.37	-8.78
19	Avalanche	24.95 ↓	10,326,766,611	663,265,998	-2.03	-5.59
21	TrueUSD	0.99803 ↓	494,538,618	65,562,957	-0.05	-0.04
22	Cosmos	4.80 ↓	1,877,647,936	173,394,964	-3	-2.91
23	Chainlink	17.46 ↓	11,138,475,809	719,611,255	-5.09	-9.6
24	Uniswap	8.79 ↓	5,281,272,560	320,306,675	-5.48	-11.42
25	OKB	49.00 ↓	2,940,133,530	4,557,047	-0.74	-5.22
26	Monero	233.08 ↓	4,299,486,551	64,585,387	-0.77	-0.54
27	Ethereum Classic	20.37 ↓	3,072,417,117	182,316,663	-3.22	-3.85
28	Stellar	0.32687 ↓	10,019,746,987	264,316,709	-3.94	-8.23
29	Bitcoin Cash	317.14 ↓	6,289,756,302	302,051,968	-3.61	-7.22
30	Internet Computer	7.06 ↓	3,399,227,863	96,158,423	-2.82	-2.09
31	Filecoin	3.34 ↓	2,126,627,635	209,780,117	-5.97	-5.14
32	Lido DAO	1.66 ↓	1,487,642,728	295,912,577	-7.91	-10.68
33	Hedera	0.21408 ↓	8,970,949,470	389,516,477	-3.41	-9.43
34	Aptos	5.97 ↓	3,510,957,063	301,260,383	-6.83	-2.6
35	Quant	95.07 ↓	1,147,770,432	26,918,700	-4.04	-0.75
36	Cronos	0.08530 ↓	2,266,598,413	21,603,016	-1.09	-5.98
38	NEAR Protocol	3.48 ↓	4,126,016,628	271,788,177	-1.73	-1.15
39	VeChain	0.03144 ↓	2,546,088,510	60,824,794	-5.32	-9.5
41	The Graph	0.13592 ↓	1,297,877,712	63,252,429	-5.97	-4.12
42	Algorand	0.26485 ↓	2,239,377,215	144,353,440	-3.36	-11.17
43	Rocket Pool	6.86 ↓	144,955,948	13,007,835	-7.31	-13.43
44	Stacks	0.91090 ↓	1,379,182,442	53,932,646	-3.36	-5.58
45	MultiversX	22.99 ↓	641,586,987	31,102,903	-2.25	-0.99
46	ApeCoin	0.69971 ↓	526,639,889	83,987,380	-4.48	-5.16
48	Fantom	0.69900 ↓	1,959,733,875	78,825,344	-0.59	-14.58
49	Optimism	1.10 ↓	1,775,112,282	241,066,091	-6.19	-4.6
50	Aave	242.85 ↓	3,661,820,168	444,800,179	-7.24	-6
51	Render Token	4.22 ↓	2,184,414,620	93,756,478	-5.91	-9.41
52	USDD	0.99968 ↓	179,208,183	8,346,369	-0.08	-0.06
53	The Sandbox	0.35285 ↓	869,540,117	126,961,667	-7.38	-13.41
54	KuCoin Token	12.04 ↑	1,476,323,296	3,054,090	0.14	-1.37
55	EOS	0.62406 ↓	966,137,108	107,944,501	-3.75	-4.94
56	Tezos	0.88674 ↓	914,603,428	34,332,377	-1.28	-2.37
57	Maker	1522.66 ↑	1,296,895,610	238,808,510	7.59	54.13
58	Theta Network	1.34 ↓	1,335,101,287	28,199,452	-1.77	-5.04
59	Decentraland	0.31368 ↓	609,239,020	72,662,587	-6.77	-6.66
60	Axie Infinity	4.21 ↓	668,950,499	50,346,504	-5.55	-6.23
61	Immutable	0.70789 ↓	1,251,777,869	50,363,448	-8.33	-13.2
62	Conflux	0.11980 ↓	590,064,593	33,736,566	-1.56	0.25
63	Gemini Dollar	1.00	56,006,295	2,386,251	0.1	-0.11
65	Terra Classic	0.0000732 ↓	401,411,412	18,171,507	-5.1	-7.41
66	Curve DAO Token	0.49847 ↓	641,255,569	146,247,680	-6.42	-5.52
67	Gala	0.02306 ↓	852,745,347	121,474,775	-3.06	-6.98
68	Injective	15.19 ↓	1,503,651,893	145,411,951	-6.03	-1.45
69	PAX Gold	2947.03 ↑	611,598,149	27,681,473	0.15	1.44
70	Bitcoin SV	37.05 ↓	734,567,169	52,024,098	-3.73	-6.62
72	Klaytn	0.12878 ↓	0	308,193	-3.97	-3.61
73	Flow	0.52125 ↓	815,847,547	36,285,362	-4.14	-1.25
74	Chiliz	0.05203 ↓	490,293,700	129,094,895	-4.53	-15.02
76	XDC Network	0.08593 ↓	1,348,292,931	37,210,667	-2.16	-16.36
78	Casper	0.01265 ↓	162,750,081	10,103,226	-4.33	-0.82
79	IOTA	0.21976 ↓	802,235,327	31,212,088	-5.57	-9.74
80	Kava	0.43232 ↓	468,137,128	19,238,223	-4.93	-9.22
81	GMX	19.48 ↓	194,605,524	17,300,283	-2.73	-3.12
82	Huobi Token	0.0000049 ↓	797	200,668	-69.79	87.27
83	Zcash	35.97 ↓	571,394,258	74,351,236	-3.41	9.4
84	Frax Share	1.86 ↓	162,437,603	21,579,920	-4.49	2.14
86	eCash	0.0000259 ↓	512,644,625	29,086,820	-1.65	-3.04
87	GateToken	23.14 ↑	2,053,449,088	13,563,287	0.21	-1.48
88	Mina	0.35184 ↓	427,942,507	38,070,261	-4.7	-1.89
90	Dash	26.91 ↓	327,227,390	54,708,776	-3.11	-2.63
91	Nexo	1.33 ↓	862,401,751	11,834,910	-0.83	-2.17
92	WOO Network	0.11899 ↓	221,809,461	16,298,843	-6.66	-8.81
93	PancakeSwap	2.42 ↓	703,112,165	210,896,710	-4.69	-4.57
94	Mask Network	2.20 ↓	219,598,884	41,123,190	-0.59	-4.96
95	Loopring	0.13655 ↓	186,637,926	22,191,506	-2.33	-2.44
97	Zilliqa	0.01474 ↓	288,341,050	23,370,311	-1.89	-2.59
98	Gnosis	174.16 ↓	450,615,813	7,188,341	-3.45	-0.81
99	Flare	0.01968 ↓	1,162,603,784	17,889,159	-2.09	-9.48
100	Convex Finance	2.62 ↑	257,352,691	45,702,198	4.32	10.57
101	dYdX	0.79106 ↓	162,872,845	29,297,809	-2.54	-2.35
102	SingularityNET	0.34218 ↑	0	64,434	1.28	0.41
103	Oasis Network	0.04195 ↓	296,315,136	29,637,492	-8.68	-6.8
104	Enjin Coin	0.12022 ↓	217,299,339	20,546,710	-4.83	-5.61
105	1inch Network	0.26418 ↓	369,771,132	33,742,456	-1.09	-2.93
106	Basic Attention Token	0.18348 ↓	274,419,130	18,427,783	-1.14	-2.76
107	Blur	0.14820 ↓	328,424,786	64,269,223	-1.52	4
108	MX TOKEN	3.38 ↓	320,994,706	59,003,156	-0.81	-2.59
109	Osmosis	0.33317 ↓	237,231,128	8,824,889	-2.87	5.53
110	Chia	13.53 ↓	188,830,056	9,223,641	-4.17	4.18
111	NEM	0.02238 ↓	201,442,052	21,072,793	-0.13	0.98

Wrapped NXM (WNXM) Crypto: Everything You Need to Know

Wrapped NXM (WNXM) price chart, [1 week]

Wrapped NXM (WNXM) Crypto

Advantages and Disadvantages

Wrapped NXM (WNXM) Price Prediction

Is Wrapped NXM (WNXM) a Good Investment?

Where to Buy Wrapped NXM (WNXM) Crypto?

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