NX meaning in Cryptocurrency ?

Answer:

What Is Nxtech Network (NX)?

Nxtech Network is launched as a prototype for automated market makers (AMMs), a type of exchange where anyone can pool assets into shared market-making strategies. Users will be able to store their crypto in a secure crypto wallet and swap any token in an instant with a minimum transaction fee using the same platform.

Nxtech Network will serve as critical infrastructure for decentralized finance, empowering developers, traders, and liquidity providers to participate in a secure and robust financial marketplace. The main of NxTech is to build protocols, infrastructure, and user-facing products for the future of finance.

What is the mission of Nxtech Network?

Nxtech Network’s mission is to create a secured mobile & web wallet including Crypto Swap in one platform which will not only serve as a means of gaining wallet market share but also as a battleground for mind share.

What is the use of NX tokens?

NXTECH utilizes the native $NX token through delegated Proof-of-Stake and settlement for transaction fees. $ NX token is based on the Binance blockchain.

Users will be required to stake NX tokens to earn the rewards or use tokens for crypto swaps and settlements. NxTech L2 provides a low-fee, high-speed platform for trading, swapping, and storing digital assets.

The token initially enables traders to announce their availability and also functions as a way for contributors to participate in governance and development. $NX is the gateway to joining and contributing to the NxTech community.

reference

Full Form	Category
Quanex Corporation	Business
Next Xperiment	Chemistry
No Execute	Computing
Nxtech Network	Cryptocurrency
New X	General
Nintendo Xbox	General
Not XBox	General
Nintendo Xtreme	General
New Xenesis	General
Neightbour X	Governmental
Necessarily X	Maths
Node X	Maths
Not X	Maths
Mathieson Dry Ice	Regional
Normal To X-axis	Space Science
Nose To X-axis	Space Science