Question 1

What is NBX (BEY)?

Accepted Answer

NBX, formerly known as BeyondFi, is a digital asset that offers a range of products and services aimed at providing users with comprehensive access to the decentralized finance (DeFi) ecosystem. It is designed to enable the creation, access, and trading of unlimited markets without restrictions, supporting the core mission of unlocking the true potential of DeFi. This initiative facilitates exposure to digital assets across various sectors including NFTs, synthetics, derivatives, fund/asset management, and more, catering to both retail and institutional interests in DeFi.

Question 2

What is NBX (BEY) used for?

Accepted Answer

NBX serves as a versatile platform within the DeFi space, allowing users to engage with a wide array of financial instruments and services. These include access to NFTs, synthetic assets, derivatives trading, and asset management, among others. The platform aims to empower millions of users by providing tools and services that enable participation in the DeFi market, thereby democratizing access to financial products that were previously less accessible.

***The official NBX ticker is “BYN” and trades under that name on all the exchanges where it has been listed. The designation “BEY” is for CryptoCompare.com only.***