NIX Price

NIX (NIX) is a cryptocurrency launched in 2023. It functions as the native utility token for Cripto no Pix, a Brazilian brokerage platform that sits at the intersection of centralized convenience and decentralized settlement, classified under the CeDeFi umbrella within the BNB Chain ecosystem.

The platform tackles a specific friction in Latin American crypto markets: the sluggish, bureaucracy-heavy ramps between fiat and digital assets. By tightly integrating with PIX, Brazil’s ubiquitous instant payment rail, Cripto no Pix collapses settlement times and eliminates conventional exchange onboarding delays. NIX fuels a cycle of buybacks, cashback rewards, and token burns designed to align user activity with supply dynamics.

NIX operates on the BNB Smart Chain network. The token adheres to the BEP-20 standard, inheriting the chain’s template for fungible assets without introducing a bespoke consensus layer.

As a BEP-20 asset, NIX plugs directly into the Ethereum Virtual Machine-compatible infrastructure of BSC, benefiting from block finality measured in seconds and transaction fees typically fractions of a cent. This technical spine means the token can move through any standard BSC wallet, decentralized exchange, or liquidity pool without custom middleware. The contract handles the programmatic logic for burns and reward distributions that define the platform’s tokenomic loop.

The project traces its genesis to CNOP Intermediações LTDA, a Brazilian entity that launched the token in 2023 with an explicit focus on the PIX payment corridor. No individual founders are publicly documented. Early architectural choices embedded referral incentives and a system of periodic buybacks directly into the platform’s go-to-market mechanics, suggesting a deliberate strategy to bootstrap liquidity through user acquisition rather than venture funding.

The mission articulated by the firm is the democratization of financial services through cryptocurrency solutions. It targets financial inclusion by packaging digital asset access inside a payment method already used by a vast cross-section of Brazil’s population, bypassing the friction of international wire transfers and traditional exchange account structures.

On a mechanical level, NIX operates as the reward and settlement medium. It is the unit in which cashback lands after a purchase, the asset the platform repurchases using its fee pool, and the token subsequently sent to a dead address in a deflationary burn. Referral payouts are denominated in NIX, turning every participant into a potential distribution vector.

Systematic use cases revolve around transaction-based value recapture. A user buying cryptocurrency through the PIX gateway receives a percentage of the fee returned in NIX tokens, while the platform uses aggregated fees to bid on the open market, removing supply. Referrers accumulate NIX for directing new volume into the system, creating a self-reinforcing incentive loop without staking or governance overhead.

NIX has a maximum supply of 200,000,000 tokens. Currently, 0 are in circulation. With a market capitalization of $0, NIX ranks #4,637 among all cryptocurrencies.