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FinNexus has seen a price increase of 100% over the last week due to it trending recently.

FinNexus, the cross-chain DeFi options platform for gaining exposure to other markets, is currently trending due to a doubling of its price in the last week.

The project went from $0.00106038 up to its current price at $0.00929596.

Finexus currently has a market cap value of around $35 million.

The project aims to facilitate option trading for DeFi users wanting to gain exposure to other asset classes from a single collateral pool.

Access 40,000+ instruments – across 10+ asset classes – to trade, hedge and invest from a single account. With prices as low as 0.4 pips for currency pairs and 0.01 USD per share.

Trading 212 is a London based fintech company that democratises the financial markets with free, smart and easy to use apps, enabling anyone to trade equities, Forex, commodities and more. They disrupt the stock brokerage industry by offering the first zero commission stock trading service in the UK and Europe, unlocking the stock market for millions of people. Their mobile app has more than 14 000 000 downloads, which makes it one of the most popular trading apps in the world. Since 2016 they’ve been the UK’s #1 trading app, and in 2017 they reached the #1 spot in Germany.

The reason FinNexus has seen a dramatic price increase is unknown.

The project suffered a hack recently and has since relaunched itself as Phoenix Finance.

The reasons for the price increase are therefore unclear as the developers appear to have moved onto the next project. Nevertheless there still appears to be profit making opportunities for the project as it continues to receive volatile price movements, as evidenced over the last week despite the announcement that the project has been effectively abandoned.

The post FinNexus Cross Chain DeFi Project – Where to Buy FinNexus coin appeared first on Coin Journal.

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