Header banner
Revain logoHome Page
nexus mutual logo

Nexus Mutual Review

6

·

Average

Revainrating 3 out of 5  
Rating 
3.1
Crypto Exchanges

View on AmazonView on ЯM

Description of Nexus Mutual

Nexus Mutual uses the power of Ethereum so people can share risks together without the need for an insurance company.

Reviews

Global ratings 6
  • 5
    0
  • 4
    1
  • 3
    5
  • 2
    0
  • 1
    0

Type of review

Revainrating 3 out of 5

Nextus mutual has a sure protection against risks

nexus mutual is an Ethereum based platform that creat insurance product with community driven management and financials. Nextus mutual 's first product is smart contract cover which protect against smart contract vulnerabilities for smart contract used on various decentralized finance platform and decentralized autonomous organization and it wholely owned by it's members . Nexus mutual is a platform which aims to provide user's with transparent, cheaper and accessible protection against financ

Pros
  • High security standard
  • Sure protection against risks
Cons
  • Low trading volume

Nexus Mutual runs on Blockchain technology to cover its users against Smart contract failure. This it achieves through the power of ETH facilitating the sharing of risk together without the need of insurance companies I found Nexus Mutual that it protects its users against DAO attacks and other bugs in Smart contract Nexus Mutual doesn't partner with any third party company, it is absolutely run by its memeber as only them can decide which claims are authentic or not with all decisions…

Pros
  • It protects you against DAO attacks.
  • Best alternative to insurance companies
  • Nexus Mutual puts you in total control.
  • It runs on ETH blockchain.
Cons
  • Time will tell.

Revainrating 3 out of 5

The exchange has received a good or positive reviews

Nexus mutual is a cryptocurrency exchange which lay much emphazy on protection against risk. I love the services of the exchange in terms of the security measures especially. Nexus mutual serves as an insurance firm. Also the exchange has it own native token called NXM. The native token cant be used on any other exchange except the exchange is meant for. The trading volume and liquidity of this exchange is not impressive at all, i hope the exchange build up on what to trigger and boost the…

Pros
  • It has a native token
  • Secured
Cons
  • Low liquidity

Revainrating 3 out of 5

my little experience on Nexus Mutual by Danladi lsrael

Nexus Mutual. Hello guys, a quick review on Nexus Mutual Nexus Mutual is an ethereum platform breakdown, it is more like a program for insurance for communities, which offer less expensive and a trustworthy assurance for their digital currency a d also protect it from loss through high security provided during registration by users. Nexus Mutual also act or function as a financial institution or an insurance firm and seek highly to protect against failed smart contract that users…

Pros
  • very reliable and safe
Cons
  • has low level users

Nexus Mutual is a stage which plans to give clients a straightforward, less expensive and available assurance against monetary dangers. In another sense, the stage capacities as a protection firm. The greater part of the monetary dangers implied in Nexus Mutual are keen agreements disappointments, however shrewd agreement disappointments aren't normal nexus Mutual looks to forestall and shield clients from the dangers. The trade has its own token, NXM which must be utilized by the individu

Pros
  • The trade is a certain or practically sure security against hazard
  • The stage has its own token
Cons
  • The trade has a low exchanging volume

Nexus Mutual is a platform which aims to provide users with a transparent, cheaper and accessible protection against financial risks. In another sense, the platform functions as an insurance firm. Most of the financial risks involved in Nexus Mutual are smart contracts failures, though smart contract failures aren't very common nexus Mutual seeks to prevent and protect users from the risks. The exchange has its own token, NXM which can only be used by the members of this platform hence it…

Pros
  • The exchange is a sure or almost sure protection against risk
  • The platform has its own token
Cons
  • The exchange has a low trading volume