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Strong Cup of Crypto: NASH and NEX token
Nash is looking like a really strong project, built by talented NEO developers. It will be a DEX, a decentralised exchange with its own token (the Neo-based NEX token) that will also allow for passive income rewards [link to related posts]. You can ‘configure’ your stake and receive monthly dividends in each asset.
The exchange isn’t ready yet, but you can make an account, get a referral link to start sharing (and possibly win some bitcoin+nex) and get notified of updates.
You can already purchase NEX tokens (see below).
The success/growth of the project and token will depend on attracting growth via user-friendliness of the products, and the attractiveness of the staking rewards.
What else will be different about the Nash exchange?
Well, it will be user-friendly, where other DEX often still aren’t. The dashboard for fund management is already looking good. It will be non-custodial of course, so you will retain control over your assets and private keys, and this security is what makes decentralised exchanges the way ahead for crypto-trading and the space. There used to be frequent price pull-backs because of centralised exchange hacks.
The Nash DEX will have fiat on-ramps, the first DEX to incorporate this feature, via credit card presumably at…