For the Nexo platform it has certainly been a positive year full of innovations, so much so that the token rose to +39% in the last month and +16% in the last 3 months.
Let's find out together what new features have been introduced during the year up to the new function introduced yesterday (14 November).
June, the interest rates in the "EARN" function on stablecoins and on FiatX were updated and improved: USDT 11% flexible, 14% locked, +2% if you decide to obtain Nexo Token, USDC 10% flexible, 12% locked, +2% in Nexo, EurX/UsdX/GbpX 7% flexible, 12% locked, +2% in Nexo. Another big news in June is the deposit in Euros finally with a lower limit (now it is possible to deposit as little as €10, previously the minimum was €1000).
To conclude, they have added the ability to buy crypto through Apple Pay and Google Pay, more languages available in the app and the ability to acquire as little as $1 worth of crypto.
July, they added the ability to view the balance and values also in Euro and GBP (previously it was only in USD), added the Avalanche network (AVAX) for zero commission transfers and Earn up to 12% on AVAX, but the most important is the implementation of the SOC 2 type 2 AUDIT, conducted by A-LIGN, which is in addition to the current CCSS level 3 crypto security standard for asset storage and the ISO/IEC 27001:2013 certification, important data for data security and customer privacy but not only.
https://nexo.com/blog/nexo-strengthens-data-security-with-successful-soc-2-type-2-assessment
September, the introduction of a new DEBIT function of their credit card which I talked about here https://www.publish0x.com/blogging-crypto/nexo-card-review-updated-october-2023-xoqmwqp
Then, Nexo added the possibility of earning in the "EARN" function up to 8% in SOL, 10% in NEAR and 11% in ATOM, the listing of Hedera (HBAR) and Worldcoin (WLD).
October, the DCA (Dollar Cost Average) functionality was introduced with the use of VISA or MASTERCARD cards, interest in "EARN" of Osmosis (OSMO) was updated up to 5.5%, the same value for The Graph (GRT) and finally the additions new transfer networks: Optimism (OP), Fantom (FTM) and Hedera Network (HBAR).
And here we are finally in November, the month perhaps fullest of news and surprises which I have spoken about extensively here
https://www.publish0x.com/blogging-crypto/nexo-will-be-renewed-here-are-the- news-xxvyjlw
Yesterday, November 14, 2023, another big news was announced: Nexo launches simplified futures trading and a guide for beginners with a standard fee of 0.06%, I leave the link with all the details
https://nexo.com/blog/futures-on-the-nexo-app-a-beginner-s-guide
In short, an intense year with big changes and improvements to the Nexo platform. There is still a long way to go and many aspects to improve, such as transparency and possibly a release of monthly/quarterly/semi-annual reports on assets held and investments.
After that, I believe Nexo has all it takes to be one of the TOP CeX and lending platforms.
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Here below some links if you'd like to support me:
Nexo and Nexo Card (Earn crypto at the highest rates, get 2% cashback on your purchases and receive 25$ when you register and deposit 100$)
https://nexo.com/ref/j6atsfddtw?src=android-link
Freecash (earn 20/100$ each month without cash investment)
Cointiply (earn 20/100$ each month without cash investment)
