nexo.io - my review after the first months.

nexo.io - my review after the first months.

By xyuon | xyuon | 17 Feb 2021


Hello there, fellow cryptonauts. I was thinking that i might share my personal experience of nexo.io with you.

So to begin, i opened my account on this site in October 2020 because i was searching for an opportunity to let my idle satoshis grow. Nexo currently allows you to get a 5% rate on cryptos and an 8% rate on stablecoins and fiat (all per year). There is also an opportunity to borrow cryptos, but I'm currently not using this feature. On top of this, the site has a native token called "NEXO". If you choose to get paid in NEXO, you will get a 2% bonus on your earning rate. There are also so called "Loyalty Levels". You can see what these do in the following screenshot.

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To finally show you, how much i have earned until today i will show you another screenshot.

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As you can see, i earned about $13,50 as of today (this might be subjective to changes in price of the currency you choose to get paid in) and I have a potential credit line of approximately $300, which is more than half of my investment. For those of you interested, i chose to get paid in NEXO, because i think the token has a bright future and on top of your earnings from your account, if you're holding NEXO, you will get dividend payments from the company, as well.

Here is another screenshot of the NEXO price chart in recent times. It is in german, but it shows you the evolution of the price in the last year.

This concludes my first article, i hope you liked it. Have a good time, and keep earning!

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xyuon
xyuon

Hello everyone! On this blog i will share my experiences in crypto with you.

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