On this page, you can compare Nxt (NXT) with WAX (WAX). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
|
NXT is one of the early cryptocurrencies and was started in 2013. As the Jelurida project’s website states, it was the “first to rely entirely on the PoS protocol”. It is currently listed by the number of exchanges.
|
WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.
|
| About |
NXT is one of the early cryptocurrencies and was started in 2013. As the Jelurida project’s website states, it was the “first to rely entirely on the PoS protocol”. It is currently listed by the number of exchanges.
|
WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.
|
| Type |
Type
coin
|
Type
coin
|
| Founding Date |
Founding Date
2013
|
Founding Date
No data
|
| Country |
Country
International
|
Country
No data
|
| Languages |
Languages
No data
|
Languages
No data
|
| Team |
Team
Public
|
Team
Public
|
| Protocol |
Protocol
Public blockchain
|
Protocol
No data
|
| Current price (USD) |
Current price (USD)
0.0009
|
Current price (USD)
0.0492
|
| All-time high (USD) |
All-time high (USD)
2.1600
|
All-time high (USD)
5.0100
|
| Price change (24h) |
Price change (24h)
-0.14
|
Price change (24h)
0.00
|
| Volume (24h) |
Volume (24h)
0.00000
|
Volume (24h)
0.00000
|
| Hashrate |
Hashrate
No data
|
Hashrate
No data
|
| Max Supply |
Max Supply
1000000000.00000
|
Max Supply
3770303327.00000
|
| Total supply |
Total supply
No data
|
Total supply
No data
|
| Circulating Supply |
Circulating Supply
998999927.93769
|
Circulating Supply
0.00000
|
| Transaction speed / Block time |
Transaction speed / Block time
12
|
Transaction speed / Block time
No data
|
| Transaction fee |
Transaction fee
No data
|
Transaction fee
No data
|
| Mining profitability |
Mining profitability
medium
|
Mining profitability
No data
|
| Algorithm |
Algorithm
PoS
|
Algorithm
No data
|
| Proof type |
Proof type
PoS/LPoS
|
Proof type
No data
|
| Fully premined |
Fully premined
No data
|
Fully premined
No data
|
| Smart contract address |
Smart contract address
No data
|
Smart contract address
No data
|
| Total coins mined |
Total coins mined
1000000000.00000
|
Total coins mined
No data
|
| Is trading |
Is trading
yes
|
Is trading
No data
|
| Block reward |
Block reward
0.000000000000
|
Block reward
No data
|
| Block time |
Block time
60
|
Block time
No data
|
Nxt (NXT) user rating is 4.3, based on 3 user reviews. WAX (WAX) user rating is 5, based on 1 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
At the moment Nxt (NXT) price is 0.9. Its 24h volume is 0.0. 24h price change is 0.14.
Nxt (NXT) max supply is 1,000,000,000.0. The circulating supply is 998,999,928.93769.
Nxt (NXT) transaction speed/block time is 12.
Block reward is 0.0.
At the moment the number of coins mined is 1,000,000,000.0.
Mining profitability is medium.
Nxt (NXT) Cryptogeek user rating is 4.3, based on 3 user reviews.
WAX (WAX) price is 0.492. Its 24h volume is 0.0. 24h price change is 0.0.
WAX (WAX) max supply is 3,770,303,327.0. The circulating supply is 0.0.
WAX (WAX) Cryptogeek user rating is 5, based on 1 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
Don't be taken in by false news
An important lesson: do not believe the news, study the topic yourself.
Apply investments diversification strategy and risk management
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Do not store tokens on exchanges
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Nxt (NXT) with WAX (WAX). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
