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.

Nexo - Earn 8% Interest On Your Stablecoins

2 days ago 1 minute read BillyCrypto $0.11 tipped

Nexo makes earning interest simple and easy. Simply deposit your stable coins and let the interest flow. Users earn 8% per year on stablecoins with interest that compounds daily and is paid out daily. Stablecoins that Nexo support are TUSD, USDC, SAI...

Earning Passive Income With Bitcoin

1 week ago 4 minute read CryptoStalker $0.22 tipped

Nexio has 2 awesome ways of earning passive income: 1. 8% Interest on your wallet.   By simply storing your bitcoin or other coins and tokens on Nexio's wallet you automatically earn up to 8% interest! 2. 30% Dividends on Nexio Tokens. By simply buyi...

NEXO Update - The Journey To Choosing Nexo As My Crypto Bank

8 Dec 2019 6 minute read JLettermanMB $2.77 tipped

I have always wanted a Swiss bank account. All joking aside, I passionately learn as much as I can about the crypto economy alongside my traditional investing ventures. As I grow my crypto holdings and search out the best opportunities, some companie...

Is NEXO A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

6 Dec 2019 7 minute read CryptoBoomer $8.91 tipped

Nexo is the leading crypto loan startup that has the potential to get much bigger in the upcoming years. Before the start of cryptocurrency’s rise in popularity a few years ago, nobody was thinking about getting a loan through blockchain-based asset...

Centralized Crypto Finance -The Forbidden Fruit?

30 Nov 2019 5 minute read The Part Time Economist $3.52 tipped

Decentralized Finance (DeFi) is only one of many different ways to earn passive income by lending crypto. Over the past few days, I have received an increasing number of questions about Centralized Financial (CeFi) crypto lending. Before beginning th...

Top 10 Cryptocurrencies To Invest in 2020

12 Nov 2019 9 minute read ChangeNOW $3.88 tipped

Within the industry, we have seen many projects suddenly release announcement after announcement and thereby having everyone point their fingers at them. Others are simply releasing impactful technologies that are blowing everyone away combined with...

Staking Crypto: Increase Your ROI And Grow Your Digital Assets

11 Nov 2019 6 minute read JLettermanMB $2.30 tipped

Market appreciation of assets is one thing, but crypto that pays dividends is a whole new ballgame. Staking crypto assets is becoming increasingly popular, and investors are taking notice. Dapps like Compound and operations like Nexo make a big bold...

What Is NEXO? - [A Comprehensive Guide to Understanding NEXO]

16 Oct 2019 6 minute read Mr.CryptoWiki $5.81 tipped

Crypto lending is getting a lot of attention recently. Before the blockchain revolution a few years ago, it was not thinkable to do everything via blockchain-based assets, but now it is. Almost everybody predicts that the crypto lending industry wil...

Nexo token: A token that allows investors to receive nexo dividend as well as to collateralize their crypto for nexo loan

18 Sep 2019 5 minute read quintomudigo $0.05 tipped

    Nexo coin is a native token of the nexo lending platform  created on Ethereum blockchain network platform whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralize...

A quick overview BlockTV Interviews Nexo’s Co-Founder on the Tokenization of the World

14 Sep 2019 1 minute read Originalcryptoz™ $0.39 tipped

Dear Nexonian,   BLOCKTV, the premier televised news source for the blockchain and cryptocurrency community, recently invited Nexo’s Managing Partner Antoni Trenchev for an interview to elaborate on Nexo’s unique business model and the exciting conc...