What are the reasons of using nichrome as a heating coil? What are the component elements of nichrome?

Nichrome is used as a heating coil because:

i. It has a high resistance and so a large amount of heat is produced on passing current through it.

(heat generated per second = current²× resistance)

ii. It has a high melting point and thus it can achieve a high temperature without getting destroyed (melting or getting burnt).

iii. It can remain in red hot condition for a long time without getting oxidised.