What is Nyerium (NYEX) | What is Nyerium coin| What is NYEX coin
In this article, we’ll discuss information about the Nyerium project and NYEX token
NYERIUM
Nyerium is a new crypto-currency aimed at the unbanked. It is designed to find a solution to the problem of remittance and payment for the unbanked
Nyerium’s goal is to open the global market to population from Africa, Middle East and other emerging countries and give them the possibility to transact at low cost and contribute to the development in those areas
The primary focus of Nyerium is emerging markets, particularly the African continent and the Middle east. In many of the countries targeted electronic payment is still new, while mobile phone payment is maturing. However, hefty fees are adding unnecessary burden on those most in need. We are joining effort to address those deficiencies and to help the neediest to improve their daily lives
Nyerium would be innovative while bringing a humanitarian angle to the way which crypto-currencies are used to help connect the most in need.
Open the global market to population from Africa, Middle East and other emerging countries and give them the possibility to transact at low cost and contribute to the development of those areas (more than 3.5 BN$ per year are transacted with remittance cost as high as 200$ per transfer)
Incentivize the population to make savings and earn using Nyerium POS masternode reward system.
Fund projects aimed at developing areas from Africa, Middle East and other emerging countries in a sustainable way: crop, farming, bill payment, etc
Target the United Nations Strategic Development Goals for 2030. Seeks to innovate in the way crypto currency can be used to alleviate poverty, fight illegal immigration by providing opportunities to those who needs it most.
Coin Specs
Coin Name: NYERIUM (ticker: NYEX)
Algorithm: Quark
Total Supply: 120,00,00 NYEX
Premine: 8.33% (No ICO and No Presale)
Masternode Requirement: 10,000 NYEX per node. 25,000 NYEX after block 100,000
Block Time : 60 Seconds
Block Reward: Variable
Block Split: Variable (see Nyerium reward system)
Coin Maturity: Depending on difficulty
How and Where to Buy NYEX ?
NYEX has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy NYEX token.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since NYEX is an altcoin we need to transfer our coins to an exchange that NYEX can be traded. Below is a list of exchanges that offers to trade NYEX in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase NYEX from the exchange: Crex24
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once NYEX gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information NYEX
☞ Website ☞ Announcement ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
Thank for visiting and reading this article! Please don’t forget to leave a like, comment and share!
#blockchain #bitcoin #nyex #nyerium
