How to Buy Nolus Crypto (NLS)

What is Nolus (NLS)?

According to Coingecko, Nolus is : The Nolus Protocol defines a money market between lenders looking to earn real yield on deposited stablecoins and borrowers looking to amplify holdings with more assets than their current equity. The protocol is designed to work on a cash-basis model where accrued interest from DeFi leases is distributed to lenders. Interest from leases is due for collection after specific periods and, if not paid, is automatically deducted from the active positions. The protocol utilizes a semi-permissioned PoS blockchain built using the Cosmos SDK and a WASM smart contract engine focusing on interoperability, security, and performance. Interoperability is at the core of Nolus' offering as the protocol utilizes IBC and Interchain Accounts to tap into a diverse set of liquidity hubs without creating liquidity fragmentation across chains. The Nolus DeFi Lease unlocks the full potential of crypto money markets by reducing the industry's steep over-collateralization requirements, resulting in significantly improved capital efficiency and more favourable lending options for users. The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets through whitelisted yield-bearing strategies. In the coming months, the Nolus protocol will scale its offering to support blockchains beyond the Cosmos ecosystem and introduce tiered rewards mechanics to further incentivize participants in the ecosystem.

Where can I buy NLS Crypto?

The best website to buy Nolus is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy Nolus on Simpleswap

To buy Nolus on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select NLS, just like in this example:

Once you selected the currency you want to pay in, and NLS, you need to paste your respective wallet address where you want to receive your NLS.

With Simpleswap, you'll receive your Nolus directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Please make sure you read our Disclaimer. We are not financial advisors.