NEC Profile

NEC
 Crypto
  

USD 0.08  0.00  0.00%   

Market Performance
0 of 100
Odds Of Distress
Less than 50
NEC is trading at 0.078 as of the 8th of December 2022, a No Change since the beginning of the trading day. NEC has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Cryptocurrency ratings for NEC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of November 2022 and ending today, the 8th of December 2022. Click here to learn more.
NEC is peer-to-peer digital currency powered by the Blockchain technology. More on NEC
NEC is and internet exchange entity for p2p internet cash called Cryptocurrency. NEC has been traded in the last 3 months, but is right now not active. Cryptocurrencies such as NEC are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as NEC are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

NEC Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. NEC's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding NEC or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
NEC generated a negative expected return over the last 90 days
NEC has some characteristics of a very speculative cryptocurrency
NEC is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. The Nectar Token (NEC) is an ERC-20 token that will enpower the Ethfinex, an platform that allows trading ERC-20 compatible tokens. Furthermore, the Ethfinex will feature a community hub for developers, enthusiasts and traders to share and discuss crowdsource information.Ethfinex has evolved to DeversiFi, and the 'Ethfinex Nectar Token' is now known as 'Nectar (NEC).Nectar.community is the main hub where NEC token holders, via the necDAO, are able to propose and vote on the future direction and decisions of integrated platforms, starting with the DeversiFi decentralised exchange platform, along with having the scope to govern:Ownership of the Nectar ERC20 Token controller smart-contract for future upgrades: governance of the necDAO, one of the world’s largest funded DAOs (17k ETH), a whitelisted tokens registry dictating the assets which can be traded on the platform (eg DeversiFi), the Ethereum Name Service records registered for platforms integrating NEC. (eg DeversiFi smart-contracts).Participation in the necDAO will be open to all Nectar holders, who will be able to make proposals, deploy capital and grow the DAO as they see fit. In order to participate, users will essentially “stake their NEC by sending them to the necDAO in exchange for “Reputation (voting power).
SymbolNEC
RatingE+
Technology Adoption RatingE+
Market Performance RatingD+
NameNEC
Sponsoredfalse
Built OnETH
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2018-02-11
Full NameNectar (NEC)
Asset Website Urlhttps://www.deversifi.com/
Platform Typetoken
Coin NameNectar
Total Coins Mined84.61 Million
Smart Contract AddressView
NEC (NEC) is traded on CRYPTO Exchanges. NEC is peer-to-peer digital currency powered by the Blockchain technology.

NEC's Exchanges and Markets

Bitfinex

NEC Against Markets

Picking the right benchmark for NEC crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NEC crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NEC is critical whether you are bullish or bearish towards NEC at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in NEC without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in NEC

You need to understand the risk of getting into digital currencies such as NEC before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in NEC in four ways:

Buy NEC through an exchange

Get yourself a crypto wallet before embarking on your NEC journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase NEC. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of NEC through an exchange

You don't have to buy a full token when starting out since NEC is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade NEC through a broker

If you don't want to store your NEC Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in NEC through an exchange-traded fund (ETF)

You can also invest in NEC through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having NEC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Additionally, see Correlation Analysis. Note that the NEC information on this page should be used as a complementary analysis to other NEC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Tools for NEC Crypto Coin

When running NEC price analysis, check to measure NEC's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy NEC is operating at the current time. Most of NEC's value examination focuses on studying past and present price actions to predict the probability of NEC's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move NEC's coin price. Additionally, you may evaluate how adding NEC to your portfolios can decrease your overall portfolio volatility.
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