The Nxt developers claim their cryptocurrency to be totally different from Bitcoin and all other altcoins. You can perform Next exchange on our website, BestRate.org. It is based on PoS mechanism and is written from scratch. It is considered as an eco-friendly digital coin, as it doesn’t require big amounts of hashing power. With the help of the “Transparent Forging” feature the time for transactions is negligible as it is sent directly to the node.
Nxt platform gives its users not only the freedom of ungoverned payments, but also an incredibly powerful modular toolset to build any applications that you can ever imagine. It covers such features as Voting system, a Decentralized Asset Exchange and Marketplace.
In order to exchange Bitcoin to Next, you need to set up a wallet for both of these currencies first.
For Next, download the wallet from their official website:
For Bitcoin, we recommend to use the wallet named Jaxx for storing Bitcoin.
Set up Jaxx wallet on your PC
1. First, you need to install the Jaxx application on your PC. You can do it by the link below:
2. If you have multiple alternative currencies select the custom wallet:
3. Select the virtual currencies you possess:
4. Select the fiat currencies you possess:
5. On the next step, Jaxx will ask you if you want to backup your wallet. Agree, as this is very important in terms of security of your digital funds.
6. Jaxx will generate a mix of 12 words that are not related with each other, which makes it really difficult to remember. Write down this word set somewhere in a paper notebook or any other item that can’t be hacked via internet.
7. Type this word mix on the next step:
8. Then Jaxx will ask you if you want to set up a security PIN. Agree and proceed to the next step. Set up your 4-digit PIN-code and verify it:
That’s it, now you have a Jaxx wallet on your PC.
How to exchange BTC to NXT
If you want to get Next digital currency in exchange for another currency you possess, first select the currency you own and put in the amount.
Select the Next price rate that works best for you.
Type your Next wallet address.
After that bestrate.org will generate the address for you.
You should copy this address, and then you will see that the transaction was created, its status will be displayed on your screen.
How to sell Next
If you want to sell Next and buy another type of digital coin, first select the coin you want to buy and put in the amount. Then repeat all the steps described above.
BestRate.io provides you with the best Next exchange rates so that you could maximize your profits.