Nexo (NEXO) News, Price Predictions, Opinions and Analyses Created by Users

Nexo (NEXO)

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Nexo (NEXO) is a cryptocurrency made by Credissimo, a European FinTech Group and market leader in the Online Consumer Lending segment across Europe. Credissimo was founded in 2007 and therefore has more than 10 years of experience in the FinTech industry. The team behind Credissimo moved into the cryptocurrency arena in 2017 with the launch of Nexo, a cryptocurrency and the world’s first blockchain-based cryptocurrency-backed loan platform. 

With Nexo, users deposit supported crypto assets including, apart from Nexo (NEXO), also Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Binance Coin (BNB), Litecoin (LTC) and 17 other cryptocurrencies to earn an instant cash loan in 45+ fiat currencies. Upon depositing crypto, a credit line becomes instantly available and no credit check is necessary. Users can spend from their credit line anytime by the Nexo card or withdraw directly to their bank account. When your crypto goes up in value, additional credit is automatically and instantly available on your credit line. Also, all crypto assets are insured and secured by the renowned SEC-approved custodian BitGo.Apart from Nexo’s instant crypto credit line, users can earn 8% interest per year with compound interest paid out daily with no fees for loaning out crypto or fiat currency. 

In addition to Nexo’s financial services, Nexo (NEXO) token holders reportedly receive passive income in the form of 30% of the company’s profits. As well, token holders also receive discounted -50% rates on Nexo’s Instant Loans.

Currently, Nexo is the largest and most trusted lending institution in decentralized finance as it has processed $700 million for 200,000+ Nexo users and has received more than $1 billion in Instant Crypto Loan requests. Moreover, Nexo is supported in more than 250 jurisdictions and supports 45+ fiat currencies. 

In this tag you can discover Nexo (NEXO) news, price prediction, opinion and analysis created by users.


Growth of the Nexo token

22 Sep 2020 2 minute read 0 comments AlethiaArete

The Nexo token is pretty unique among all the tokens available. It is a security, registered and regulated in the US, something akin to a common stock with no voting rights. Nexo the company has stated they will give a dividend to customers who hold...

How I earn passive cryptocurrency in Nexo

20 Sep 2020 1 minute read 2 comments MichaelD

Hi guys I will show you how I earn my XRP passively just by depositing in Nexo! its the most leading crypto bank company! They are insured by bitrue and also legit with almost positive reviews all over the google,reddit,youtube and many more!  Their...

NEXO : An AMA with Antoni Trenchev on Dividends and Much More

28 Aug 2020 1 minute read 0 comments Lgrt

  The Nexo Community has been calling for greater engagement on our behalf in addressing the hottest topics around Nexo. You asked, we delivered.In our first Ask-Me-Anything session since 2019, our Co-founder and Managing Partner Antoni Trenchev answ...

NEXO drops minimum credit amount to 10$

27 Aug 2020 1 minute read 0 comments Lgrt

  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:   The m...

TORN BETWEEN TWO "LOVING" - CELSIUS or NEXO?

25 Aug 2020 1 minute read 12 comments mayoko

Oh my! Just a few days ago I transferred my stablecoins from celsius to nexo because I was fascinated by the latter's compounded daily interest. I just like the idea of waking up with a new interest on my deposits plus interest on dai stablecoin on n...

Ahem | How Nexo turned $2k into $10k

16 Aug 2020 1 minute read 2 comments Bayarizard

*Ahermm* I just wanted to show how the scheme concocted in here in picture form: turning USD$2,000 into almost $10,000 worth of Stablecoins (split between Pax and USDC) using my Nexo account. *Yes, I asked permission beforehand; and no, I don't show...

I'm loving NEXO - My Fun Crypto Experience

15 Aug 2020 1 minute read 8 comments mayoko

 I've been using celsius network since January and since it works great for me, I never thought that there's another app as great as them.  Yes there are several platform out there to start your crypto savings journey. For now I am using two: celsius...

The third NEXO dividende

5 Aug 2020 1 minute read 0 comments Lgrt

We are thrilled to announce that Nexo’s third consecutive dividend distribution amounts to $6,127,981.39, an impressive 154.32% growth over the second dividend. Dividend payments will be made to eligible NEXO Token Holders of record on August 15, 202...

CeFI Diaries#2- Nexo Vs Crypto.com: Which is Better?

2 Aug 2020 5 minute read 7 comments SamBTC

I believe passive crypto earning will be a game changer in the crypto space as more and more people are looking for options to earn some recurring rewards on the crypto they hold. Everyone knows that cryptocurrencies are regularly subjected to crazy...

Nexo.io & Sparta.akropolis.io symbiotic relationship

2 Aug 2020 3 minute read 0 comments Leverage

Hello and welcome, In this article I will explore an opportunity to utilize the Nexo and Sparta platforms to balance exposure to asset appreciation with the cost of still having the access to their underlying value. I have also provided opportunities...