Wrapped NXM (WNXM) is a 1-to-1 backed token generated by wrapping genuine NXM tokens. It is designed to allow more users to own and trade NXM tokens without having to go through the Know Your Customer (KYC) process required for native NXM tokens. WNXM tokens are fully tradable on various exchanges such as Uniswap and Binance, improving liquidity outside the Nexus Mutual protocol's bonding curve.

To use WNXM tokens, they must first be unwrapped into NXM tokens by a registered member of Nexus Mutual. Once unwrapped, the tokens can be used as normal NXM tokens within the Nexus Mutual platform. This platform offers decentralized insurance services, including coverage for smart contract failures and centralized custodians.

WNXM tokens can be managed through MetaMask by importing the token's contract address. They can also be bought and sold on various crypto exchanges, making them accessible for investment and trading purposes. Overall, WNXM tokens provide a more accessible and liquid alternative to native NXM tokens, while still maintaining their value and functionality within the Nexus Mutual ecosystem.

To store Wrapped NXM (WNXM) tokens, you have several options based on your needs and preferences. Here are the main methods:

1. Centralized Exchange (CEX): You can store your WNXM on a centralized exchange like KuCoin, which provides convenient access to various investment products and features such as spot and futures trading, staking, lending, and more. The exchange will securely hold your funds, but make sure to choose an exchange with strict security measures.

2. Non-Custodial Wallets: For enhanced security and control, you can store your WNXM in a non-custodial or self-custodial wallet. This grants you complete control over your private keys. You can use various types of wallets, including hardware wallets, Web3 wallets, or paper wallets. Be sure to store your private keys securely to avoid losing your assets.

3. Atomic Wallet: Atomic Wallet is a trusted option for managing WNXM, along with other cryptocurrencies like Ethereum, XRP, Litecoin, and over 1,000 other coins and tokens. It is available for both desktop and mobile devices and has been trusted by over 5 million users worldwide.

4. Other Wallet Options: You can also explore other wallet options that support WNXM, ensuring you choose a reliable and secure wallet that meets your needs.

Remember to always prioritize security and manage your private keys carefully to protect your Wrapped NXM assets.

To buy Wrapped NXM (WNXM) tokens, you can follow these steps:

1. Choose a Centralized Exchange (CEX): Select a reliable and trustworthy crypto exchange that supports Wrapped NXM (WNXM) purchases. Consider factors such as ease of use, fee structure, and supported payment methods.
2. Create an Account: Enter the required information and set a secure password. Enable two-factor authentication (2FA) for added security.
3. Verify Your Identity: Complete Know-Your-Customer (KYC) verification, which may require different information based on your nationality and region.
4. Add a Payment Method: Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment methods.
5. Buy Wrapped NXM (WNXM): Use fiat currency to buy WNXM directly if supported, or first purchase a popular cryptocurrency like USDT and then exchange it for WNXM.

1. Choose a Crypto Wallet: Select a reliable and reputable crypto wallet that supports Wrapped NXM (WNXM).
2. Download the App: Download the wallet application from the Google Play Store, App Store, or as a browser extension.
3. Create a Wallet: Create a new wallet address or import an existing one. Record the seed phrase and keep it secure.
4. Buy Wrapped NXM (WNXM): Purchase WNXM using a supported payment method. Be aware that fees may be higher than those on exchanges.
5. Swap for Wrapped NXM (WNXM): If the wallet doesn't support direct fiat-to-WNXM purchases, buy a popular cryptocurrency like USDT and then exchange it for WNXM through the wallet or on a decentralized exchange.

• Pionex: Create a free account, pass KYC verification, and choose from various payment methods like credit/debit cards, bank wire, and ACH transfer.
• MEXC: Click on the "Buy Crypto" link on the MEXC website and follow the instructions.
• Swyftx: Deposit Australian dollars (AUD) via various methods, then buy WNXM instantly. Note that direct credit card purchases are not supported, but credit and debit card deposits are.

Remember to check fees, security measures, and user reviews before selecting an exchange or wallet.