Bitcoin Forum

Hello every body! Anyone interested in NEXO's ICO? NEXO Pioneering in the field of Crypto - meaning you do not have to sell BTC, ETH is in the wallet that can also receive money at a certain percentage ...
Nexo is the perfect combination of overdraft and credit

Yes! New update today: https://medium.com/nexo/update-on-the-nexo-token-sale-995e9c21e22b

I guess this means only private pre-sale buyers and airdoppers get tokens?

Going to be huge!

Hy Guys!
As you might know, the NEXO ICO is cancelled due to the pre-sale oversubscribe.
Our pool has a small allocation to fill, we are looking for people to participants.
The funds will be send through primablock.
Join and ask for further details: https://discord.gg/DrU8ZVn

"It has been a dynamic month for both the Nexo Community and the Nexo Team. Having reached the funding goal much earlier than projected in an oversubscribed Token Sale, we are now almost exclusively focused on product development and the World’s First Instant Crypto-backed Loans will be live at the end of April 2018, just as we have promised you."

They should have an official announcement thread by now.

It sounds very promising, but I just heard about this project. I agree with you, if they want to get the community's attention here, they should immediately create a thread announcement.

I agree with you, they should immediately create a thread and promote their project well. investors and bounty hunter will participate in building this project.

ICO is over why do they need to do bounty campaign. This project sound great. I decided against investing in it for some reason, any project paying dividends in the space are not allowed to be held by US investors which is a concern to me. Is now time for the team to deliver on their promises, because project like this is going to prevent the usually dumping of coins on market

I have a question about NEXO staking:
I’ve seen some ppl say you need to have ur NEXO tokens on the platform to get dividends but I’ve also seen that all u need to do is keep it in an erc20 wallet .. anyone know which it is?

The only way to receive dividents is to keep the NEXO tokens on the platform.

NEXO Tokens are now officially listed on HitBTC. Trading is LIVE - https://hitbtc.com/NEXO-to-BTC
During the next 6 days, there will be ZERO FEES on the NEXO/BTC trading pair.

Hello. I have some NEXO coins. But I can not put its in the wallet. And where I can read a rules about dividends for NEXOcoin owners?

Just got all set up with nexo, was looking to deposit it into the online website and it won't let me click. Is this due to my verification level or is it just not set up for US users yet?

Nice to hear that nexo allow us to be able to use our bitcoin and Ethereum as a collateral for overdraft! I seriously believe that this is going to bring more confidence into cryptocurrencies. I have been trying to understand this principle of what nexo really stands for and I find it out from they white paper that it can serve as a collateral for bitcoin.

All ICOs are scam, at least many of them, maybe they are not legally scam but their mentality does not differ from scammers so I would avoid investing in any ico, also it is no longer profitable.

So how does it work? Say you have 1000 NEXO tokens in your ETH wallet. How does Nexo give you dividends? They give 30% of their profit to NEXO holders, but how do they distribute that? Do you need to take loan and own NEXO tokens to get dividends?

I invested in this in private sale, their model is far superior to any lending platforms out there. Dividends do not start until the business in profit. they now offer usdt loans with a min loan of 1k. You can pay off with nexo tokens much cheaper than other cryptocurrencies, giving the token real utility, it also allows you to stake for dividends down the line. This will be huge

Loans BTC, ETH, NEXO Token on Nexo exchange for USDT. Approved for 3 hours.
Mortgage interest rate of 16% / year. If paying by NEXO interest rate is only 8% / Year. Close the contract at any time.
Open your NEXO account here: https://nexo.io

NEXO is a real-time loan platform when borrowing from a credit union. The borrower will keep secrets of the borrower recovering the loan amount if the loan is fully repaid and the borrower receives the collateral

You're right about Nexo, but in order for it to become more known by people, it needs to get listed on bigger exchanges. From what i can see, at the moment the most volume is on Hotbit and Fatbtc, but not many people have heard about these exchanges.

Nice project

I agree that this projects is taking crypto loans to another level, plus they have very experienced team with real loan business behind. But listing NEXO on one of those top exchanges will be problematic, since it is a security token, and most those big exchanges won't add securities, because of compliant issues and SEC rules.

This one is very intriguing and appears to literally have a world of potential.  Also, the entry price point is currently low and IMHO worth taking a flyer on and HODLing.

They will do ICO in the fourth quarter of this year.
Also, in the nearest time or after placing the coins on ICO, they will be available on the Binance exchange.
They started accepting Binance tokens as collateral. And I think with this exchange they will not have problems in listing.
I invested in this token. :-)))

Good news from BitGo....https://blog.bitgo.com/bitgo-expands-erc20-coverage-37f87d52100a   I believe Nexo can build freely.

Listing with Changelly is another table turned?

Credit Card Launch (3 quarter)
https://coindar.org/en/event/nexo-nexo-credit-card-launch-11468

I do not understand why the price is going down.
because the pre, bought back by large investors?
who then received from them already a loan?
and checked that they are the people for whom they issue themselves?
I'm afraid this is fraud. Scam.

where is the f***g support???
(G6)

When I wrote a channel in their telegram: And who checked this company? Was it in their office at?
I was immediately blocked.

nexo is sophisticated SCAM. they have "empty" company / address -
https://www.shabex.ch/en/co/his/nexo_ag_CH-170.3.042.338-1.htm

Capital is 100.000 LOL, they claim billions :) next thing - they give you loan from other people money, as example you will deposit BNB coins - they take it and give a loan:)
they delisted from IDEX exchange as well. Basically, nexo is next generation SCAM hyip, they have no money at all, they dump own coin slowly it's the reason why price is droppinh.

This address - c/o Sibla Services AG, Grafenaustrasse 15, 6300 Zug - it's the address of mass registration, it's mean on same address registered alots of offshore companies, tso basically nexo dont have even office. it's a scam 99%

if u deal with this guys, - you will probable be in trouble.

Nexo AG
c/o Sibla Services AG, Grafenaustrasse 15
6300 Zug

status:    active
Seat:    Zug
legal form:    Public limited company
capital:    100'000
Latest Publishers:    23.04.2018
founding year:    2018
commercial register:    Zug
Registration no.:    CH-170.3.042.338-1
UID:    CHE-247.157.495

 
23.04.2018
Address changes, new address: c/o Sibla Services AG, Grafenaustrasse 15, 6300 Zug
Registered statutes are adjusted.
The seat shall be amended to: Zug
Change of name, new name: (Nexo Ltd)
Change of name, new name: Nexo AG

I am involved in ICO. Interestingly, people should learn and update information to make a profitable investment. If people are really interested you will find a lot of useful information about Bitcoin. I participated in Bitcoin calls and gradually agreed with the results and enjoyed it. I wish good luck.  ;)

Nexo (NEXO) is live on the Bancor Network.
 https://ban.cr/Nexo

https://twitter.com/Bancor/status/1021322017021284353
https://pbs.twimg.com/media/Dix2SQrWsAEbWPU.jpg

Beauty! Bancor is the fastest and easiest ETH to NEXO swap yet, and none of Changelly's high fees. I love it!

there is a very small volume. there you will not sell :-)

HODL Forever!

Well, every new exchange is a good news. Even if the volume on Bancor isn't that big, they have FIAT gateway, which makes buying NEXO easier for everyone, not only tech-savvy people. It's step in the right direction for sure.

I am very bullish on Nexo- Was lucky enough to get into presale, I have no taken a loan out yet as my stack of ETH is too low, I believe LTV is 20%?

LTV is more like 50% for BTC and ETH.

Nexo wants to buy SALT     https://drive.google.com/file/d/1lf_2DZcvVHTCISWDNJOAwzvEUIf0L0f8/view   KAPOW!

I have just checked the charts of NEXO, and as I see, the coin is constantly falling. Why like this?  :-X I have also found this video about it: https://www.youtube.com/watch?v=M6tMvrcYGOk

I like Nexo, I think the use case of the technology is just perfect and combined with a great experiences in the industry. In bull market, I believe Nexo will reach new ATH especially after the latest news about offering to acquire the remaining assets SALT lending platform. Details here:

https://www.prnewswire.com/news-releases/nexo-offers-to-acquire-the-remaining-assets-of-competitor-salt-lending-300687933.html

Money token is much better

LTV for my NEXO tokens is steadily increasing too. From 20% to 30% in less than 2 weeks.

This coin had a huge hype. I bought it for ICO price 0.3USD and now price is under 0.1USD.
Do you have some news which will bring this coin to the moon?

Maybe no moon, but SALT acquisition would be a nice bump..

As part of NEXO'S expansion into the South Korean market, Nexo is happy to announce a strategic partnership with Allbit, the DEX in which Upbit is a large investor. As a first direct result of this, the NEXO Token is tradable on this innovative great new platform.

https://twitter.com/NexoFinance/status/1031446170525155328
https://pbs.twimg.com/media/DlBuzMMXcAAfvrc.jpg

which one would buy the other one ?

NEXO has done so well lately that the others are left with only the salt in their tears.

But from what I've gathered, it's still well under ICO price , right? ICO price was $0.3 and current price is approximately $0.1
Looks like there's still some upward traction left despite its current mcap

That is not accurate. First of all there was no ICO, only private pre-sale for accredited investors (and of course there was some pools also, which I joined) and the price depended on the amount invested. I bought it when ETH was for ~ $850 and the price for me was 0.085 afair, but I'm sure big players had even bigger bonuses. All in all, since tokens got listed on exchanges, NEXO was never cheaper than what I paid for.

For me this is top 20 marketcap token easily, which means it has a room to grow at least x5 from now.

recent announcement within, think got room to grow https://www.coingecko.com/en/coins/nexo

For me this is top 20 marketcap token easily, which means it has a room to grow at least x5 from now.
[/quote]

They're calling it a $1 coin on Twitter too. Love the enthusiasm of people with far more cred than mine!

20 at coinmarketcap easily and can grow x5 from now ?
could you please tell me the reason about that
because in my opinion there is a lot of project better than nexo in the market now my friend

@didzi

Yes, there are probably some better projects (and lots of worse to be clear) but not in the crypto loans business. On this field NEXO seems to be way ahead of the competition - they have already working platform generating revenue, soon dividends will be payed out, number of users is growing steadily, their marketing campaign is huge and they are adding new features and coins constantly.

NEXO is a serious company with solid business model, working product and SEC compliant token, that's why I think it will succeed.

I have about 3000NEXO tokens and I am really thinking that it will be a good decision to borrow some money here for buying more Bitcoins. Whats your opinion? Do you think that it is a good decision?

I live in Kansas USA and 3000 NEXO won't buy a minimum loan (currently $1000) but if you're somewhere the minimum has been lowered to $100 go for it! I'd like to know if anyone can get a loan for 3000 NEXO?

NEXO is availbale on yet another exchange - Bithumb DEX (https://www.bithumb.io/trade/NEXO_ETH). It is a new, SEC compliant exchange made by Bithumb and crowdfunding platform seriesOne specifically to list security tokens.

Source: https://twitter.com/NexoFinance/status/1059808462878769157

Nexo has been doing real good recently. Planning to get a loan soon, to check how it works.

Maybe SALT should have taken Nexo's offer?   https://www.coindesk.com/erik-voorhees-salt-lending-being-investigated-by-sec-report-says

Yeah, maybe but I think what affected the deal was valuation. Salt started on a wrong note and do not have a strong go to market strategy like NEXO, I think Credo is another direct competitor to the project, if Crypto lending gain significant adoption these projects are going to be a big het for investors

I've just started looking for a loan and it's a busy market place right now. I just think the token backed lenders are pricing themselves out of serious market adoption when you look at the likes of https://blockfi.com/ (https://blockfi.com/) who seem to be regularly lending at much lower rates. It's certainly an interesting space though and I imagine 3-4 will end up dominating

I haven't heard about this NEXO coin but I think this could be another giant in the market which is now traded at nearly $0.10 in the exchanges. And the rank according to the coinmarketcap is 65. So, investing in this coin won't be worthless.