Nash is a cryptocurrency exchange first registered and headquartered in Liechtenstein, Europe. The company was launched in 2017 with the aim of making cryptocurrency trading safer. In 2021, Nash received its second registration as a crypto-fiat exchange provider in the Netherlands.
The platform requires its users to perform KYC verification by uploading their identity documents. Nash is a compliant exchange, hence following KYC and AML requirements. The exchange is majorly based in Europe. Its fiat gateway for buying and selling cryptocurrency with national currency is only available in the European region (EU, EEA, and Switzerland) and the United Kingdom. However, anyone can register with the platform from any region and use the Nash wallet to store coins.
Nash cryptocurrency exchange is accessible through Android and iOS mobile apps. Users can also access the trading platform through the web.
Markets
The exchange offers spot trading. Nash spot trading feature allows traders to buy, sell, and trade digital assets with their available balances.
Nash enables users to trade over 1000 digital assets including popular tokens on decentralized exchanges. The platform works to find the best price for users. Nash trading pairs include crypto-to-crypto and crypto-to-fiat pairs.
NEX is the native token for the Nash ecosystem. The token is a multi-utility asset that powers the cryptocurrency exchange. You can check the Nash crypto price here.
Nash offers instant buying and selling of digital currencies. The platform aggregates crypto pairs with the best prices from decentralized exchanges to provide its users with the best trading deals.
Nash’s layer 2 exchange offers a comprehensive Trading View that supports spot trading. The platform's Market Trade feature allows users to buy digital assets at the available market price. Users can also set their minimum and maximum price limits using the Limit Trade feature.
Nash crypto exchange also offers Stop Order feature. This service allows users to set prices that are not yet available on the market. The order is automatically executed when the set price becomes available on the market.
Nash offers a competitive fee of 1% on crypto purchases. Nash exchange fees follow the maker-taker model. It charges zero Maker fee. On the other hand, users pay Taker fees, which vary depending on their trade volume, calculated for the past 30 days. A Nash trade volume of up to 99,9999 attracts a 0.25% Maker fee. Users who trade $500 million and above pay a 0.03% fee for their trades.
Nash does not charge any transfer or withdrawal fees. However, users may incur network fees, paid to the miners that sustain their respective blockchain networks.
Other Services
Nash offers a cryptocurrency wallet that allows users to access the decentralized exchange to trade their funds. The wallet also enables users to store their tokens, including those bought from other crypto exchanges. Nash wallet has partnered with 1inch to enable users to trade on DEX at the best rate.
Nash crypto exchange also provides Link Payment Gateway API. This service is suited for merchants who require full control over their customers’ shopping and the checkout experience. Individual users who want to bill in crypto and receive in fiat can also use the API service. The API enables creating an invoice, fetching an invoice, receiving an invoice status, and triggering a webhook.
About the Company
Nash, previously known as Neon Meta Exchange (NEX), was co-founded by Fabian Wahle, Luciano Engel, Thomas Saunders, and Ethan Fast in 2017. It is registered in Liechtenstein.
Neon Meta Exchange (NEX) was announced in 2017 as a new technology that aims to elevate security and performance in crypto trading. Throughout 2018, the founders went around giving presentations across the world about the project and its potential. They gained partnerships along the way. Nash registered their token as a security in the same year. The project became legally compliant in August 2018. The project’s ICO happened in September 2018.
In 2019, NEX was rebranded to Nash, and a new website was launched as well as referral programs to the community.
A record daily Nash trade volume of $1.86 million was recorded on March 14, 2021.
The platform is planning to introduce more products including DeFi-powered high-interest savings and crypto debit cards. The new features are expected to attract more users and trading activities, hence, increasing the Nash volume.
Fabian Wahle, founder of Nash cryptocurrency exchange is an experienced researcher who has participated in the founding and development of multiple startups including NEO Saint Petersburg Competence Center, and Altoida.
Luciano Engel has also co-founded other projects including Lemonaid Learning Analytic and City of Zion.
Another co-founder, Thomas Saunders is an experienced software engineer and a co-founder at the City of Zion.
Finally, Ethan Fast has also co-founded several startups, most recently Vcreate, which engineers T-cells to cure cancer.
