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What is Nexob and how is it doing?

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Nexob is a decentralized digital asset issued by the cryptographic trading platf

What is Nexob and how is it doing?

Nexob is a decentralized digital asset issued by the cryptographic trading platform BitPay. In August 2018, the company converted Bitcoin into fiat currency through a partnership with a US bank and provided payment services to investors. It is reported that the creation of Nexob is to address the liquidity requirements, high transaction fees, and low security issues that traditional financial systems cannot meet. According to the introduction, the token is a completely transparent and traceable product created with blockchain technology, allowing anyone to easily access it and buy and sell it on the network. Currently, the coin has been used for illegal activities and other purposes by many exchanges. (bitcoinist)

What about Nexob?

Recently, Daniel Leon, the founder of the cryptographic asset investment institution Nexo, stated in an interview, “We are evaluating and researching Nexob. How it works, its value, and the technology behind it.” It is reported that Nexo is a digital currency built on Ethereum and is currently live on the Huobi HECO mainnet, and will gradually support other mainstream public chains and platform ecological projects. According to information released by Nexo, the current price of the currency is $0.066.

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