Nxt to Australian Dollar Exchange Rate

Live Rate

= $ 0.2224

Refreshing in: 60s | Mon, 21 May 07:11am GMT

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Historical Rate chart of NXT and AUD

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Updated: 21 May 2018 07:11:30 UTC
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

The prospects and purchase possibilities of Nxt

If a world government was to develop a cryptocurrency that would function like real money, Nxt would be the outcome – it was made for transactions, not wealth accumulation, is not attention-heavy and is in fixed supply.

Launched in November 2013, Nxt hit the market without much fanfare – not even an initial coin offering (ICO) – but has managed to remain relevant, despite its modest gains compared to bitcoin and other heavy-hitters.

Nxt has a finite number of coins on the market – one billion – and trades almost like real shares. And Nxt has avoided the problem that affects bitcoin and most other cryptocurrencies – they can be mined, which means the prices will constantly be affected by how many coins come to the market.

Things to consider when buying Nxt

Nxt has proven to be quite steady, which in the high-stakes world of currency trading is not that appealing to investors – but it is to developers and other pioneers, which is what it was built for in the first place.

The makers of Nxt did not envision it as a tool to please investors, but rather to fulfil the aim of creating new and innovative technology that will further enhance the blockchain space. As a result, a lot of the rampant buying and selling associated with other cryptocurrencies will not be present. This means it is less likely that Nxt will breakout like bitcoin.

In the past three months, the value of Nxt has ranged from about AUD$0.2 to AUD$2.42, before climbing back down to sub AUD$1. Over that same period, bitcoin made and lost thousands of dollars. However, while some people are concerned about Nxt’s 50% drop in 24 hours on 27–28 December, seasoned industry vets are accustomed to such changes in the market.

However, for those looking to buy into the Nxt platform for the other perks, the key concern therefore won’t be profit from the coin, but rather with the other cryptocurrencies being developed on the platform, which seems to be where the real money is being made.

Will the value of Nxt keep increasing?

Nxt had a very rough Christmas, but that was to be expected. Its market value is still A$600 million, so with so much left in the tank, it is bound to last longer. The biggest factor working for Nxt is that the platform allows people to create other products, and some of these technologies have been really revolutionary.

For example, the release of Ardor caused a lot of excitement for Nxt holders. Ardor introduced the child chain technology on the Nxt platform, and now has a higher trade price than its parent altcoin.

Out of Ardor came Ignis, another upstart with a lot of promise, which also had an impact on the price of Nxt. With this type of potential coming every few months or even years, Nxt will likely continue to be relevant, even if it is just by association. Again, given that Nxt is not an investment tool, don’t expect to retire a billionaire from trading it alone.

That being said, if the next bitcoin should be born out of the Nxt platform and its developer BCNext should decide that Nxt is the only acceptable payment form, Nxt could see a surge.

It is worth mentioning that many crypto buyers have given up on Nxt, but the Ardor and Ignis releases are factors that cannot be ignored. If Ardor should ever get big, the doubters might come crawling back.

The company behind Nxt – Jelurida – knows that its coin is in muddy waters. It knows its value, but it is difficult convincing people to buy into a revolution, especially as the profits from other cryptocurrencies have made people eager for instant returns.

Jelurida emphasises the possibilities from their two blockchains, Nxt and Ardor, and by doing this they are tying the fate of the elder brother to the more promising kid brother. In other words, they are positioning themselves to ensure Nxt’s continued relevance by associating it with Ardor and its offspring. The hope is to incentivise people to keep the currency lying around, which further suggests that Nxt will not go out of the market, though it may never dominate the way bitcoin does.

A short history of Nxt

28 September 2013

The birthday of Nxt was a fairly uneventful day; there were no big announcements or market excitement, pretty much like most altcoins. One billion coins were distributed to 73 stakeholders, based on the bitcoin contributions they made to its birth, which is believed to be 21 BTC, valued at US$16,800 at the time.

This meant the price of Nxt at the launch was US$0.0000168. Not the best start, but not terrible either.

27 January 2014

Nxt share price multiplied quickly, getting up to US$0.0779 on 27January. Confidence in the new coin was growing, and the market was excited. The price went down after this high point, to average about 6 cents over the next few months, until…

6 June 2014

The market frenzy for Nxt increased the price to $0.09199, finally delivering on the promise investors imagined. Unfortunately, it only went downhill from there, ending the year at $0.01671.

19 June 2015

Nxt, in a partnership with 44 Phones Ltd and Coinstructors, announced plans to make real-world applications for the blockchain. This propelled the price up to $0.01412. It was one of the most promising updates on the platform, and how it aimed to be used to solve actual problems by providing a secure working environment for developers tackling real issues.

But the excitement around this wore off after a while (two months to be exact), which was when the price went back to below a cent.

13 October 2015

Tired of the constant losses, Nxt contributors finally decided it was time to overhaul the system and make it more appealing to investors. So, the Tennessee project was launched to reverse the altcoin’s fortunes.

At the day of the announcement, the price was $0.007633. If it had been a normal stock, the price probably would have gone up, but given the topsy-turvy nature and people’s frustrations, the price actually went down a couple of days after the announcement. Nxt was making promises, but nobody was buying it.

23 January 2016

Nxt Version 1.7.4 was unveiled. The new platform brought significant upgrades and new features such as Account Control, NXT Data Cloud, CoinShuffling, improved block times and a few others. This caused the price to go up a reasonable fraction to $0.007226, from $0.006843 the previous day. Developers were happy, investors were happy and within a week, the price had hit $0.011824, its largest increase in months.

10 June 2017

For the first time in its history, Nxt reached the 10 cent range, recording an impressive $0.1239. While this might sound small compared to the coins that deal in hundreds and thousands of dollars, this represented almost a one-million per cent increase from its launch, giving it one of the best returns for any cryptocurrency ever.

The increase was due to a combination of excitement over the Ardor launch and Ignis ICO, and growing acceptance of the coin. Four days later, a Chinese firm would announce that Ardor would no longer trade against bitcoin, but against the Chinese yuan, giving Ardor and Nxt a growing global status by association.

21 December 2017

The impossible happened. The cryptocurrency initially written off as a scam clocked $1.16874, giving it a market value of $1,222,156,548. This was more than enough validation of what this plucky upstart could do. But alas, the victory would be short-lived.

29 December 2017

Following an insane buzz that drove the price up to $1.9 a few days earlier, the price plummeted to $0.7306, losing half of its value in 24 hours. In all fairness, this was not a Nxt problem, as many holders sold off their coins before the year closed out, as typically happens, even with real shares.

And of course, once again the doubters told their tale of ridicule and declared “This is the end of Nxt!”

Is it really the end of Nxt?

Sure, Christmas was horrible. Losing significant value like that is pretty rough on any stock. But, this is not the first time it has happened to Nxt. All through its history, the price has gone up and down and been battered rather severely, but it has somehow managed to stay alive.

But the lesson from all this is that despite all it has been through, Nxt is still making waves and delivering value to clients and buyers. While it is impossible to predict which way it will go next, at least this much is certain: with the success of Ardor, Ignis and whatever else will come out of the Nxt platform, this is not the end of Nxt.

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Compare up to 4 providers

Where to buy, sell and exchange cryptocurrency

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Cash, BPAY, POLi, Cryptocurrency
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Maker: 0-0.1%
Taker: 0.1-0.2%
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Cryptocurrency
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0.1%
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Credit card, Debit card
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BTC, BCH, ETH, LTC
Fees vary
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JPY, USD, SGD, AUD, EUR, CNY, PHP, HKD, INR
BTC, ETH, QASH, XRP, BCH, NEO, UBTC, RKT, QTUM, BCH, DASH
0-0.25%+
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Cash, Credit card, Debit card
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BTC, ETH, BCH, LTC, ADA
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BTC, ETH, XRP, DASH, LTC, BCH, ETC, OMG, ZRX, CVC, BNT
Credit/debit card: 6.9%
TrustPay: 3%
Cash vouchers: 5.9-11.9%
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Cryptocurrency
-
BTC, BCH, DRG, UKG, ENJ, TRX, LDC, MGO, AMLT, EZT, LALA, IPSX, FLIXX, STU, 1WO, TPAY, ETH, WIN, LTC, SPHTX, RKT, UBTC, ETN, ECH, QASH, NEO, HAV, XRP, ETC, STAC, FLUZ, VZT, XEM, XLM, VET, BMC, ONG, FDX, XMR, DENT, MCO, IND, GAT, ZEC, CAN, STX, QTUM, OAX, IXT, STORJ, MTN, REP, FCT, DASH
Maker: -0.075%
Taker: 0.15%
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Credit card, Debit card, Cryptocurrency, Perfect Money, SEPA, Wire Transfer, Payza, CryptoCapital, Money Polo, Payeer, Giropay, Yandex Money & more
USD, EUR, RUB, PLN, UAH
BTC, BCH, ETH, ETC, XRP, KICK, DASH, WAVES, ZEC, XMR, LTC, DOGE, USDT
0.2%
A UK-based cryptocurrency platform that provides buyers with a wide variety of payment options.
MoneyGram, Perfect Money, Western Union, Cryptocurrency, OKPAY
USD, EUR, RUB
BTC, ETH, LTC
None
Buy and sell crypto and other digital currencies on this global fixed-rate exchange.
Cryptocurrency, Payeer, Perfect Money, Qiwi
USD, EUR, RUB
BTC, BCH, ETH, LSK, LTC, XMR, XEM, DASH, BCC, DBIX, CLOAK, EMC, NEO, TIME, SHIFT, STRAT, DOGE, DTR, DGB, VOX, ESC, MONA & 140+ more
0.02-0.18%
Trade at an exchange that has an extensive offering over 160 coins and numerous fiat and altcoin currency pairs.
Cryptocurrency *Powered by atomic swaps
-
*Note that while the platform is under development, it is expected to support BTC, ETH, REP, ANT, BAT, EOS, SALT, CVC, DNT, SNT & 20+ more
TBA
Launching in 2018, Altcoin.io is a decentralised peer-to-peer cryptocurrency exchange powered by atomic swaps. Sign up now for early access.
Cryptocurrency
-
BTC, BTG, ETH, ETC, DASH, XRP, DOGE, XEM, LTC, XLM, NEO, ADA, EOS, QTUM, XMR, TRX, BCC, XVG, LSK, GEO & 250+ more
0-0.75%
CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
Bank transfer, Cash*, Cryptocurrency *Cash deposits only available at NAB branches
AUD
BTC
3%
Spendher is an app founded in Australia which aims to streamline buying and selling bitcoins on your mobile, offering options to deposit AUD through bank transfer or cash deposits.
Cash, Credit card, Cryptocurrency, Debit card, BPAY, Flexepin, Neosurf, Neteller, M-PESA, PayPal, Perfect Money, WebMoney, Western Union, iDEAL, SEPA, Skrill, SWIFT
AUD, USD, EUR, GBP, CAD, CNY & 50+ more
BTC
None
Trade fiat currency for bitcoin in person or online with this peer-to-peer exchange offering competitive fees and wide delivery options.
Credit card, Debit card
USD, EUR
BTC, BCH, ETH, XMR, ZEC, DASH, XRP, ETC, LTC, DOGE, XLM,1ST, ADX, AMP, ANT, BAT, BCN, BNT, BTG, CFI, CVC & 70+ more
5%
Access competitive crypto-to-crypto exchange rates for more than 35 cryptocurrencies on this global exchange.
Wire Transfer, Cryptocurrency, Express Polish Post Office 24/7, Express ?abka Market, Express DotPay
USD, EUR, PLN
BTC, BCC, BTG, LTC, ETH, LSK, GAME, DASH, KZC, XRP, XIN
Taker: 0.25-0.43%, Maker: 0.17-0.3%
This Polish-based exchange offers a variety of accessible payment methods, including Express Polish Post Office 24/7 service and Express DotPay.
Credit card, Debit card, OKPAY, PayPal, Skrill, SOFORT
EUR, USD, CHF, GBP
BTC
2.5%-20%
Buy bitcoin through PayPal on one of the oldest virtual currency exchanges in the business.
Cryptocurrency, Payeer, AdvCash, Perfect Money, Capitalist, QIWI* Only available for RUB deposits
USD, RUB
BTC, BTG, DASH, ETH, LTC, DOGE, WAVES, LSK, BCC, TRX, NANOX, PAC, ZEC, XVG, EOS, ETC, RDD, TOKC, B2X, TTC & 400+ more
None
Pay in USD, RUB or trade crypto to crypto at this Russian-based cryptocurrency exchange with hundreds of coins listed.
Cryptocurrency, SEPA, SOFORT, MoneyPolo, Bank Wire* Domestic wire for CZK and PLN, SEPA only for EUR
EUR, PLN, CZK
BTC, BCH, LTC
Maker: 0-0.1%
Taker: 0.1-0.2%
Trade fiat currencies and cryptocurrency at this European-based exchange with options to pay through domestic bank wire, SEPA and SOFORT.
Bank account, Credit card, Debit card, eCheck, PayPal
USD
BTC
Fees vary
Buy bitcoin instantly with credit card, PayPal or bank account on this peer-to-peer lending platform.
OKPay, PerfectMoney, Yandex Money, Payeer, QIWI, Cryptocurrency
USD, EUR, RUB
BTC, XRB, ETH, DCN, BCH, NIO, TRX, DASH, COB, DOGE, PRIX, DSR, XCPO, LTC, VERI, LOC, NUA, PKT, PPT, ICO & 80+ more
0.25%
Supporting over 100 coins, you can exchange a variety of cryptocurrency pairs on this peer-to-peer platform.
Cryptocurrency, Bank transfer
AUD
BTC, BCH, ETH, HSR, EET, DASH, FUEL, UBTC
0.2% (0.1% for Super-trader)
An Australian cryptocurrency exchange, ACX enables you to buy bitcoin and other cryptocurrencies with AUD bank deposits.
Cryptocurrency
-
BTC, ETH, 18T, BUT, LXT, CDC, UUU, AAC, CNN, UIP, UC, GSC, IIC, MEX, EGCC, SHE
Owned by the team behind Huobi.pro, HADAX lets users vote for cryptocurrencies it should list.
Cash, Credit card, Cryptocurrency, Debit card, Flexepin, Neosurf, Neteller, M-PESA, PayPal, Perfect Money, WebMoney, Western Union, iDEAL, SEPA, Skrill, SWIFT
AUD, USD, EUR, GBP, CAD, CNY & 50+ more
BTC
Buyer: None
Seller: 1%
Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than 300 other payment methods.
Cryptocurrency
-
BTC, BTG, DASH, ZET, XVP, XPM, WDC, VTC, VRC, UNO, TROLL, START, SLR, SLG, RDD, QTUM, PPC, POT, OK, NVC, NMC, NLG, NEOS & 25+ more
0.2-0.5%, Buy: 0.25$, Sell: 0.25%
Trade an array of cryptocurrencies through this globally accessible exchange based in Brazil.
Cryptocurrency
-
BTC, BCH, ETH, LTC, DOGE, NEO, XMR, POWR, DASH, PIVX, XEM, OMG, GNT & 500+ more
0.2%
Buy and sell hundreds of cryptocurrencies with minimal verification on this all-in-one, New Zealand-based exchange.
Electronic Funds Transfer, SEPA, Wire Transfer *payment methods vary per country
USD, EUR, GBP, JPY, CAD
BTC, BCH, ETH, ETC, XMR, DASH, LTC, XRP, XLM, REP, ICN, MLN, ZEC, USDT, GNO, EOS
Maker: 0-0.36%
Taker: 0-0.08%
Exchange multiple cryptocurrencies through a range of payment methods, including Electronic Funds Transfer, SEPA or Wire Transfer.
ACH Bank Transfer, Wire Transfer, SEPA * payment methods vary depending on fiat currency
USD, EUR, GBP
BTC, BCH, ETH, LTC
Maker: None
Taker: 0.1-0.3%
Buy and sell cryptocurrency at this US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
Cryptocurrency
-
BTC, ETH, XVG, SC, XRP, DOGE, STRAT, XMR, ADA, OMG, ETC, BCC, XLM, DGB, UKG, QTUM, ZCL, RDD, LTC, NEO & 120+ more
0.3%
Buy from one of the largest crypto to crypto exchanges with a selection of over 190+ cryptocurrencies.
Cryptocurrency
-
BTC, ETH, XRP, DOGE, XLM, ETC, STRAT, LTC, SC, DGB, BCH, LSK, XMR & 50 more
Maker: 0-0.15%
Taker: 0.05-0.25%
Trade various coins through a global crypto to crypto exchange based in the US.
Debit card, Credit card, Cryptocurrency, SEPA, Wire transfer, AstroPay
USD, EUR
BTC, BCH, LTC, ETH, XRP
0.1-0.25%
A global cryptocurrency exchange that facilitates crypto to fiat transactions, where you can use EUR or USD to buy bitcoin and popular altcoins.
Bank transfer, BPAY, POLi
AUD
BTC, BCH, ETH, ETC, LTC, XRP
0.1-0.5%
Browse the various coin offerings of this Australian based exchange, where coins can be purchased through AUD, LTC and BTC currencies.
Cash, POLi, Flexepin
AUD
BTC, ETH
Fees vary
Buy cryptocurrency from an Australian service through cash, POLi or Flexepin vouchers.
Credit card, Debit card, POLi, Cryptocurrency
AUD
BTC
1%
Buy and sell on a platform based in Australia which sources bitcoin from all around the world.
POLi
AUD
BTC
Fees vary
Buy and sell bitcoin in AUD through POLi when using this exchange based in Australia.
Cryptocurrency
-
BTC, USDT, ETH, EOS, AE, BTO, BTS, CAN, HLC, SEER, XAS
Maker: 0.05%
Taker: 0.05-0.1%
Recently launched in Australia in late 2017, XBrick now offers its services globally and users can download its mobile trading platform to buy and sell cryptocurrencies.
Cryptocurrency
-
XLM, BTC, BCH, USDT, OMG, ZRX, KIN, MOBI & more
Maker : None
Taker: 0.015%
Stellarport taps into the Stellar Decentralised Exchange to provide buyers and sellers with access to XLM and various other cryptocurrencies.
Cash
AUD
BTC
Fees vary
An Australian bitcoin broker which offers quick and simple trading where no signup is required.
Credit card, Debit card, SEPA, SOFORT, SWIFT, Skrill, Dotpay, Unionpay
AUD, USD, EUR, SEK, HUF, JPY, GBP, NOK, HRK, CAD, CNY, CHF, CZK, RSD, TRY, BRL, DKK, PLN, RUB, ARS
BTC
0.9%
Offering payment options such as credit card, SEPA and SWIFT, you can purchase bitcoin from this European-based exchange with an array of fiat currencies.
Cryptocurrency, Wire transfer
KRW
BTC, BTG, BCH, DASH, ETC, LTC, EOS, XRP, ETH, QTUM, TRX, ICX, VEN, XMR, ZEC, MITH
0.15%
A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies.
Cryptocurrency, Wire Transfer
USD
TAAS, GNO, ANT, 1ST, HKN, BBT, WRC, AMM, OROC, CHSB, GLBX, BENJA
Fees vary
Maker: 0.2%+
Orderbook is a decentralised cryptocurrency exchange and ICO platform where users can trade Ethereum-based ICO tokens.
Credit card, Debit card, Bank Transfer *GBP bank transfers halted
GBP, EUR
BTC
Maker fee: 0.3-0.7%
Taker fee: 0.3-0.7%
Buy and sell bitcoin in GBP or EUR with credit card, debit card and bank transfer payment options.
Cryptocurrency
-
BTC, BCH, RVN, LTC, ALQO, LCC, ECA, SMART, POLIS, BCO, COLX, IC, XP, BWK, HTML, QBIC, ZNY, DOGE, XSH, DASH & over 40+ more
0.2%
Offering over 80 cryptocurrency pairings, CryptoBridge is a decentralised exchange that supports the trading of popular altcoins.
Cryptocurrency
-
BTC, BCH, BTG, ETH, ETC, FUN, 1ST, ANT, BAT, BNT, BLK, CVC, CLAM, DASH, DCR, DGB, DNT, DOGE, EDG, EOS, FCT, GAME & 25+ more
Fees vary
A global exchange where no account is needed to begin trading cryptocurrency to cryptocurrency.
PayPal, Moneygram, OKPAY, Perfect Money, SEPA, WebMoney, Western Union, Wire Transfer, Paxum, QIWI, Payeer
EUR, USD
BTC, ETH, ETC, ZEC
Maker: None
Taker: 0.25%
Cryptonit is a secure platform for trading fiat currency for bitcoin, Litecoin, Peercoin and other cryptocurrencies — delivered to the digital wallet of choice.
Cash
USD, AUD, GPB, CAD
BTC, DASH
Fees vary
Buy bitcoin and DASH through this peer-to-peer cash only cryptocurrency exchange based in the US.

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International Money Transfer Offers

Important Information*
TorFX International Money Transfers

TorFX guarantee to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

OFX (Ozforex) International Money Transfers

Transfer any amount from $250 upwards. $0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.

WorldFirst International Money Transfers

Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app. No transfer fees for personal or business customers.

FC Exchange International Money Transfers

FC Exchange will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.

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