How to buy Nerve Finance (NRV) in Australia

A beginner's guide to buying and selling NRV in Australia.

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How to buy Nerve Finance

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Nerve Finance.

  1. Open an account on an exchange that supports NRV.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Nerve Finance.
  3. Buy Nerve Finance.
    Complete your Nerve Finance purchase and then find the best wallet to store NRV.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Nerve Finance?

Nerve Finance is an application focused on the exchange of stablecoins. Stablecoins are any cryptocurrency that is pegged to an underlying asset. The platform is facilitated by a Stable Swap automated market maker (algorithm). To avoid the high transaction fees associated with Ethereum, the protocol was built on top of the Binance Smart Chain (BSC) blockchain. According to Nerve Finance documentation, the application allows users to seamlessly trade a wide array of stablecoins as well as pegged synthetic assets. The platform’s signature 3Pool of dollar-pegged stablecoins was the first to be launched. This consisted of BUSD, USDT and USDC. The platform promises low slippage rates and offers little-to-no fees, making it extremely attractive to crypto investors looking to convert stablecoin assets.

The Nerve Finance Token, or NRV, is the native cryptocurrency of the protocol. It was designed to provide rewards to liquidity providers and stakers. Alongside rewarding participants, NRV also provides users with a wide array of governance-related options. Voting rights are distributed as per the number of tokens held by an individual. As the token was built on the BSC blockchain, the token conforms to the BEP20 token standard.

Nerve Finance (NRV) is the 458th largest cryptocurrency in the world by market cap, valued at $77,747,624. The current price of Nerve Finance is $0.402226, which is -33.425% lower than yesterday. Prices have ranged between $0.642594 and $0.402965 over the past 24 hours. All prices are listed in US dollars and accurate as of September 24, 2021 01:09 UTC.

Where to buy Nerve Finance

Find an exchange to buy, sell and trade NRV by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

806
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

645
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Nerve Finance at a glance

Information last updated September 24, 2021 01:09 UTC.
Coin symbolNRV
Coin MarketcapUS$77,747,624
Total NRV supply77,987,227
Current priceUS$0.402226
All time highUS$6.65

Nerve Finance price performance over time

Historical prices compared with the price of US$0.402226.

1 hour -10.79%
24 hours -33.43%
7 days -81.22%
14 days -68.21%
30 days -82.31%
60 days -20.96%
200 daysN/A
1 yearN/A

How to sell Nerve Finance

You can cash out your NRV with the same exchange you bought it through:

  1. Sign in to the exchange you have NRV on.
    If you store your Nerve Finance in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of NRV you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Nerve Finance.

What to consider when buying Nerve Finance

NRV is a utility token related to the Nerve Finance application. Both the token and its connection to the application should be assessed before purchasing. Here are a few factors to consider:
  • Staking benefits: Users can stake NRV tokens within Nerve Finance to receive additional NRV. The amount of rewards received depends upon a number of different aspects such as trading fees, deposit fees and emissions.
  • Capped supply: The total supply of NRV has been capped at 100 million. No more can ever come into existence. Over time if the project gains traction and demand for the token increases, the price may continue to increase accordingly.
  • Deflationary mechanics: It is worth highlighting that the platform regularly burns a certain amount of NRV to apply deflationary pressure on the digital asset’s native supply.

Disclaimer: Cryptocurrencies, including Nerve Finance, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NRV 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 Nerve Finance or any other cryptocurrency discussed.

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