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 FUD | What you need to Know

30 Jun 2022 4 minute read 0 comments rexngum

 Let's dive in to this FUD of Nexo. There's this thread on Twitter which got crypto twitter talking by an acclaimed investigator with the twitter handle @otteroooo. The entire crypto market has been down for a while and these are the kind of events c...

For My Both-Hands Up Muthafuckazzz...

18 Jun 2022 4 minute read 0 comments xxHODL

Holy smackers I actually remembered people's names tonight when I went out. Hard-pushing my warez. I'm supposed to be packing up all my shit to throw back into storage again, but instead I went out. It's Friday night. I can't just stay inside stressi...

Olympus has fallen

13 Jun 2022 1 minute read 2 comments Steve Hodl

With the next leg, down in crypto starting, the FUD surrounding Celsius turns into a reality with the latest announcement from Celsius. source There is a saying, if you don't understand the yield, you are the yield and this seems to be coming true no...

Binance v Nexo v v Coinbase: survival of the... ?

11 Jun 2022 1 minute read 2 comments LeftFooted

Binance, Nexo, and Coinbase have been operating in the same space and competing for the same customers for a few years now. They're different flavours of the same soup. Like different versions of the same IPA from different Breweries. On...

How To Get A Free $150 Bonus From Nexo!

4 Jun 2022 5 minute read 0 comments Cryptoindulgence

An Overview   As a pursuant of passive income and signup bonuses, a piece of news from Nexo a few days back had caught my attention — Nexo is currently offering a signup bonus of up to $150 for new users to the platform! As an existing user of Nexo,...

5 Reasons why you should consider NEXO!

20 May 2022 3 minute read 0 comments Feedmypsyche

Considering opening an account? Register with this LINK HERE and earn $25 in BTC! NEXO have been very busy and stepping up their game this year. For those of you who don't know, NEXO is an all-in-one platform where you can Buy, Trade, Earn, Receive...

TipNano - your source of daily Nano and passive income

19 May 2022 2 minute read 0 comments Kyzerd

I am writing another post about Nano and TipNano and how you can best use it. I will be posting my referral link for TipNano, and if you use it we both will profit a bit, thanks in advance.   Nano is an underestimated crypto, yes it had its all time...

Get yourself nexo'ed, now is the time!

12 May 2022 1 minute read 0 comments Kyzerd

Now is the time to hodl and earn referral rewards for you and me. Why? Because the bitcoin is low, you don't want to sell but earn interest and get yourself a 25$ dollar bonus in BTC when you sign up and deposit any crypto and hold it for 30 days whi...

Nexo - a basic user experience and first steps

2 May 2022 1 minute read 0 comments Kyzerd

A notice, I will give my experience of using nexo for the first month. I will be posting my referral link and would be happy, honoured and motivated if you use it if you are new to nexo. Both of us will get 25$ worth of BTC....more info on this later... is dead...long live Nexo

1 May 2022 1 minute read 0 comments Kyzerd

Wow what a Sunday for seems the CEO decided for a drastic change in their program basically removing the possibility of earning any decent yield+ the Cro price taking a deep slash of which is still to see if it will recover and...