WNXM to CAD Converter
How much Canadian Dollar ( CAD) is 1 Wrapped NXM ( WNXM)?
Wrapped NXM
WNXM
Canadian Dollar
CAD
Last update: Refresh
How does it work?
The Morpher currency calculator allows you to convert a currency from Wrapped NXM (WNXM)
to Canadian Dollar (CAD) in just a few clicks at live exchange rates.
Simply enter the amount of Wrapped NXM you wish to convert to CAD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 WNXM, 5 WNXM, 10 WNXM, 50 WNXM etc.
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Quick facts about Wrapped NXM
NXM token itself is created solely for internal use within the Nexus Mutual protocol and all of its holders must go through KYC.
As such, a wrapped version is created to allow more users to own the token without having to do KYC.
In the meantime it also improves its liquidity outside the protocol’s bonding curve by being listed on exchanges such as Uniswap and Binance. To make use of the wNXM token, it first needs to be unwrapped into NXM by a registered member of Nexus Mutual.
After it is unwrapped, wNXM becomes NXM and can be used as a normal token on the Nexus Mutual platform.
As such, a wrapped version is created to allow more users to own the token without having to do KYC.
In the meantime it also improves its liquidity outside the protocol’s bonding curve by being listed on exchanges such as Uniswap and Binance. To make use of the wNXM token, it first needs to be unwrapped into NXM by a registered member of Nexus Mutual.
After it is unwrapped, wNXM becomes NXM and can be used as a normal token on the Nexus Mutual platform.
WNXM Price Chart
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WNXM to CAD price stats
24hr
-0.75%
7d
-7.42%
30d
11.19%
Over the past 30 days, Wrapped NXM has gained 11.19% to CAD. The trend and price charts for the past
week shows that WNXM has dropped -7.42% to CAD and over the past 24 hours, WNXM has dropped -0.75% to
CAD.