NEXO drops minimum credit amount to 10$

By Lgrt | Lgrt | 27 Aug 2020


 

Following the release of the long-anticipated Earn on Crypto and the recent distribution of Nexo’s Third Dividend, we have yet another improvement to announce: Nexo has lowered the minimum borrowing amount to just $10!

Here are the details:

 

 

  • This is the lowest credit minimum in the entire crypto lending industry.

 

  • By lowering the threshold for crypto credit, Nexo is improving accessibility to quality banking services and working to democratize finance.

 

  • Nexo’s initial goal was to bring the credit line minimum to $100, however, our numerous  accomplishments allowed us to exceed our own expectations with a new minimum of just $10.

 

With the company’s growth and continued success, we are now able to further contribute to the inclusivity of the financial world. Implementing the new $10 credit minimum is just a small step in our continued mission to democratize finance.

We are delighted to have reached this milestone and look forward to seeing its positive effects.

How do you rate this article?


5

1


Lgrt
Lgrt

Info NEXO, Mycred, Upold, ...

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.