+59.69% growth: How to Buy NextDAO (NAX) — A Step by Step Guide

https://cryptobuyingtips.com/guides/how-to-buy-nextdao-nax

What is NAX?

NAX is the governance token for Nebulas community and ecosystem. It adopts a dynamic distribution strategy where the total circulation is related to the global pledge rate and the quantity of NAX obtained by the user per cycle is related to the amount of NAS pledged and the age of the currency. There’s no initial fund, no token sale and no team reservation. NAX is the governance token dedicated for Nebulas community and ecosystem, issued by dStaking, and aims to allow everyone in the community to participate into the public chain governance.

Step 1: Register on Coinbase

NAX
NAX

Step 2: Buy coins with fiat money

NAX
NAX
NAX
NAX

Step 3: Transfer your cryptos to an Altcoin Exchange

Option 1: Sign up on Gate.io

NAX
NAX
NAX
NAX

Step 4: Deposit BTC to exchange

NAX
NAX
NAX
NAX
NAX
NAX
NAX
NAX

Step 5: Trade NAX

NAX
NAX

Step 4: Deposit BTC to exchange

Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you’re done with it you should have full access to your exchange wallet.

Step 5: Trade NAX

Go back to MXC, then go to ‘Exchange’. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let’s get our heads around this.

Last Step: Store NAX securely in hardware wallets

Ledger Nano S
Ledger Nano S

Ledger Nano S

  • Easy to set up and friendly interface
  • Can be used with smartphone and tablet
  • Lightweight and Portable with built-in rechargeable battery
  • Support most blockchains and wide range of (ERC-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price
Trezor One White
Trezor One White

Trezor One White

  • Thousands of tokens/cryptos supported
  • Rich documentation online available
  • Affordable
  • Open-sourced firmware

Other useful tools for trading NAX

Cryptohopper

Brave Browser

Frequently Asked Questions

Can I buy NAX with cash?

There is no direct way to buy NAX with cash. However, you can use marketplaces such as LocalBitcoins to first purchase Bitcoin, and finish the rest of the steps by transferring your bitcoin to respective AltCoin exchanges.

Are there any quick ways to buy NAX in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Coinmama.

Are there any alternative platforms to buy NAX or Bitcoin with credit cards?

Yes. Changelly is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.

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