+22.46% growth: How to Buy NavCoin (NAV) – A Step by Step Guide
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What is NAV?
NavCoin (NAV) is an open-source and decentralised Proof-of-Stake Version 3 (PoSv3) cryptocurrency that aims to provide affordable and fast digital payments with a focus on privacy and simplicity. Self-funded by a community of volunteers, NavCoin launched in April 2014 with no Initial Coin Offering (ICO) or pre-mine. Volunteers can propose contributions and get paid for work through NavCoin’s decentralised Community Fund (CF).
With the CF’s dual consensus mechanism, the funding of a passed proposal will be locked while waiting for its work to be completed and then paid out if the quorum is met. Examples of CF proposals include www.navexplorer.com, the NEXT wallet, the implementation of ZeroCT (a privacy protocol), and the time when NAV became a carbon-neutral cryptocurrency. NavCoin has also added support for OpenAlias (www.openalias.org), Cold Staking to the NavCoin protocol, and released NavPay, a light wallet to store and spend NAV from a mobile device.
To find out more about NavCoin, please visit www.navcoin.org.
Currently NAV is being ranked 374 on Coinmarketcap and has recently surged a hefty 22.46% at the time of writing.
NAV has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy NAV.