Why is Nexo good❓ See, based on my views❗
Dear my friends and followers. I'm bringing a topic that has already been introduced on the Publish0x platform, yet based on my arguments, the content will be unique.
I believe that one of my fellow editors, @KMatt, has already introduced the Nexo service, for example, through his content updated in October 2023. Exactly for this reason, I would rather tell you, why I find it useful, and clever service.
ℹ️ I provide some information below about the founder of 🔗 Nexo, also. 👇
Let's start: why is it worth using the physical or virtual bank card belonging to Nexo's service for 🛒 purchases in credit mode❓
I don't wish to prolong the text! If a crypto-based idea is good and its ecosystem is imaginative, then its native payment tool will be as well, which in this case is the Nexo token, following the ERC-20 standard.
In credit mode, if you have platinum membership, you can accumulate Nexo tokens as a 2% cashback.
When is it most worthwhile to use the Nexo card❓
I can tell you two good examples of it! 👇
1 ) If you are in EUR financial zone, or you can get USD from somewhere, meaning you don't need to convert from another fiat currency into one of them what I mentioned, it's definitely pure profit, especially, if you repay the loan on time.
2 ) But an even more appealing prospect than the first point is if you receive the salary in some form of cryptocurrency. There are already countless opportunities, and in my opinion, FinTech companies are hunting for cooperate individuals willing to work (you don't have to look so much, cryptojobs.com).
You are not required to order the physical card at all. However, if you wanna get it, the condition is that you have a balance equivalent to at least 150 USD once. I think it's unnecessary to order it❗ I'm not saying this based on environmental protection talking, but rather practicality, as a virtual card is sufficient. In the case of using a virtual card, I don't recommend Google Pay;
👏 you're better off with the 🔗Curve service.
✅ Overall, I cultivate this Nexo service, because it is a small sophisticated step towards the possibility of actually spending cryptocurrency directly. Okay, it's not about direct spending, but nevertheless, it's an exciting, interesting step forward.
📣 I highlite, what I always: in this case let's not forget either, that Nexo is just a CEX platform, too. So it's very important to have a mindset in the crypto world, don't get too comfortable, but rather maintain connections with trading networks that accept cryptocurrency payments from you, even from DeFi wallet to DeFi wallet!
Finally, let's talk a bit about why I consider the founder of Nexo an interesting figure
Personally, I consider every person valuable who eventually realizes that their own creativity is far too valuable to sacrifice on the unproductive altar of politics!
Antoni Trenchev, born on March 15, 1987, ventured into the world of politics in search of new challenges, and as a member of the Bulgarian Parliament from 2014 to 2017, he advocated for:
- progressive legislation,
- including constitutional and judicial reforms,
- as well as e-voting solutions, such as the introduction of innovative blockchain.
He realized that by its very nature it is impossible to achieve results in the sphere of politics. Incidentally, I note as an interesting fact that Nexo had to leave the US due to political moves (regulatory issues).
His approach maybe sympathetic to many. He believes in meritocracy, thus evaluating individuals based on their abilities and achievements, creating an inclusive environment where talent and expertise are the primary criteria for success.
The thought-provoking
The operational philosophy of the Nexo company immediately proves that cryptocurrencies based on the blockchain world—though everything depends on their ecosystem, with 98% being junk—are much more valuable than the currencies belonging to the fiat monetary financial system.
💡Why❓
It's more than enough to use your common sense!
What happens if you don't repay the loan? Well, you won a currency from a zero-collateralized fiat monetary system, which you either spent on your family or, influenced by global marketing bullshits and driven by egocentrism, on yourself. [Global marketing bullshits, the decadent results of capitalism : 📜 „It's all about you” – a slogan by a big brand!]
In meantime, Nexo has acquired your valuable cryptocurrency assets. There is no better proof, than this that it gives you the scrap (fiat money) and wants to acquire the value (your blockchain based assets). So I suggest, you use Nexo's opportunities wisely and don't lose your crypto assets.
👋 Except, of course, if that was your intention all along, because you're giving them a cryptocurrency that you received as salary and don't use for value preservation anyway. 😉See you, later❗