Nxt features an integrated exchange in which many different kinds of assets and currencies are listed for sale. We call it the Asset Exchange.
- Secure and Minimal Cost Trading
- Market Making
- Dividends, Suffrage and Capitalization for Shareholders [coming in 1.4 and 1.5]
Not a trader? Have a look at Nxt – The Economy Platform to find out what else Nxt has to offer.
Secure and Minimal Cost Trading
Since the global financial crisis, we all know that the banks and regulatory authorities in our home countries cannot ensure that our money is 100% safe. This lack of trust is driving the wider adoption of cryptocurrencies as a medium of exchange. However, even exchanges for cryptocurrencies are no exception here; a notorious example being Mt. Gox, which jeopardized its customers’ funds because of its technical, security-related and financial shortcomings.
Again, we trusted the competence and integrity of the people who are in charge of these centralized exchanges. Such risks, however, simply do not arise when trading on a decentralized exchange as integrated in Nxt. Moreover, in addition to the security guaranteed by its decentralization technology, the exchange executes your orders for a minimal fee.
Web-based interfaces like SecureAE provide easy access and further tools to manage your portfolio on the integrated exchange. Please note that all centrally managed Web applications, like SecureAE, are free to filter the data on the blockchain or to alter its appearance in order to provide a smoother user experience and to comply with the requirements of their particular jurisdictions.
Nxt enables the creation of markets for a potentially unlimited range of assets and currencies. These are the things you can trade for profit on the integrated exchange:
- shares issued on Nxt
- other kinds of assets
- currencies based on Nxt [coming in 1.4]
Dividends, Suffrage and Capitalization For Shareholders
Nxt provides the necessary tools to interact with shareholders:
- the ability to declare dividends [coming in 1.4]
- enabling shareholders to participate in important decisions [coming in 1.5]
Further Reading and Development Resources
Available on http://nxtinside.org/
[The latest release of the Nxt Reference Software (NRS) is 1.3.4.]
You need more? Have a look at Nxt – The Economy Platform to find out what else Nxt has to offer.