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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥 Why EVERYONE is leaving their BANK and using this platform! 🔥 on: July 09, 2020, 02:08:57 AM


NEXO - 8 July 2020 Update:

- Nexo and Chainlink Collaborate to Accelerate the Adoption of Digital Assets.
- Integrated LINK (Chainlink) as a collateral and earn option.

Coming soon:

- Dividend payout (15 August 2020)
- Credit card release
- Audit
- Crypto exchange launch

Current Price: $0.225047 USD / 0.00002394 BTC
2  Economy / Service Announcements / Re: 👑 NEXO - Instant Crypto-backed Loans. 100% Approval, No Credit Checks! 👑 on: July 02, 2020, 02:15:43 AM
And the purpose of this thread is.... what? We all know about nexo and many other platforms.

It's a big world out there Smiley

Easy to guess if you check his/her posts history. https://bitcointalk.org/index.php?action=profile;u=2759773;sa=showPosts
You'll notice that the user always and only talks about Nexo all the time.

It's a flag showing that this person is part of the staff or is paid to promote/spam the platform. It's up to you if you see it as a red or green pill. Personally I don't really like disguised promotion (I'd prefer to make it clear at the beginning and not discovering myself after digging). and it even tends to make me avoid the service.

I'm not part of their team or being paid to promote them. Just an investor in the project and would like to see more people use what they have for offer. Not only am I invested in Nexo, but I have also used their service before and it has been flawless. Everything is automated and you get your loan instantly, a much more convenient way rather than waiting for a someone to be on at the same time to proceed with the loan. I'm not here to spam, just posting facts.

3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥 Why EVERYONE is leaving their BANK and using this platform! 🔥 on: July 02, 2020, 01:53:25 AM


NEXO - 8 July 2020 Update:

- Nexo Dividend Distribution Scheduled for August 15, 2020.
- Nexo will launch its own crypto exchange as a part of the upcoming Nexo 360⁰ offering.
- Nexo is experiencing double-digit percentage growth rates month on month.

Coming soon:

- Credit card release
- Audit
- Crypto exchange launch

Current Price: $0.227771 USD / 0.00002468 BTC
4  Economy / Service Announcements / 👑 NEXO - Instant Crypto-backed Loans. 100% Approval, No Credit Checks! 👑 on: June 30, 2020, 06:57:50 AM


Nexo provides crypto owners with a great way to unlock the value of their holdings and get access to instant cash by borrowing against their assets instead of selling them. Once your deposit is confirmed on the blockchain, you can instantly withdraw a loan. No credit check, no loan application to fill out, no waiting for approval, nor any other tedious procedures are needed.




Loan Terms

Interest: The annual percentage interest rate (APR) starts at 5.9%, still much lower than the average credit card rate. Interest is charged only on what you use and for the days you borrow. No minimum loan repayments are required, as interest is debited automatically from your available credit limit.
Maturity: up to 1 year (may be renewed on request without repayment). You can repay all or some of your loan early at any time and you could save interest.

Loan-to-value Ratio

Stablecoins = ~90%
PAXG = ~70%
BTC/ETH = ~50%
XRP = ~40%
LTC = ~35%
BNB = ~30%
BCH = ~30%
EOS = ~30%
XLM = ~17%
NEXO = ~15%

Loan Example

Let’s say you want to buy a $20,000 car and instead of selling your Bitcoin, you would like to use it for an instant crypto-backed loan from Nexo.

Loan Limit: $20,000 (available instantly, without credit checks)
Deposit Required: $40,000 (worth of BTC, which stays yours)
Interest: starts at 5.9% per year APR
Daily Interest: ~$4.44 (debited daily from your available credit limit)
No additional fees. No hidden charges. No installments.

Loan Repayment

You can repay all or part of your loan at any time by bank transfer or using crypto, including the assets deposited in your Nexo Wallet.


Note: In order to receive the full 50% Credit Line Interest Discount, clients must stake enough NEXO Tokens in their Nexo Wallet to cover the interest for the entire period from the moment of withdrawing funds from the credit line up to their desired moment of repayment. Here is a list of exchanges you can purchase NEXO to get the full 50% Credit Line Interest Discount: https://coinmarketcap.com/currencies/nexo/markets/

Video Tutorial


How to Get an Instant Crypto Loan from Nexo: https://www.youtube.com/watch?v=ll3ZZj6IaF4&feature=emb_title

Nexo Mobile App



5  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥 Why EVERYONE is leaving their BANK and using this platform! 🔥 on: June 26, 2020, 12:02:14 AM
That's quite a feat for this project.
I have known Nexo as I promoted this platform via sig campaign before.
So with the above progress, they stayed true to their mission.
Congratulations NEXO team!
So many promising projects this days they are growing and give us endless opportunity to earn with our money without doing anything let your money work for you Im also agree to put money on project like Nexo rather than keeping it in a bank for many years with little interest. 

Thank you for your support!

The dividend looks interesting for me. I'm a nexo holders right now and that's interesting to know how it will be working.

does the earn interest on crypto similar like staking our crypto? thank you so much for mentioning those news and the next updates, this is the time to buy more nexo.

Yes, earn on interest is similar to stacking. Basically deposit your crypto into the platform and start earning daily! You can withdraw anytime and there is no lock in contract!

Here's more details on the dividends: https://medium.com/nexo/nexo-dividends-explained-6636804db3a

Since starting this thread, NEXO has achieved the following in 4 months:

- Gained 150,000 new users on their platform (In total: 700,000+ users)
- Processed $500 million in loans (In total: Over $2 billion)
- Integrated PAXG as a collateral option


Coming soon:


- Credit card release
- Earn interest on Cryptocurrencies
- Audit
- Dividend payout

Current Price: $0.129058 USD / 0.00001318 BTC






Since the last post on June 9 2020, NEXO has achieved the following in 16 days:

- Integrated earn interest on Cryptocurrencies! - Earn up to 5% interest on your crypto, including BTC, ETH, XRP, XLM, LTC, BCH, EOS, and up to 10% on your stablecoins and fiat, including USDT, USDC, DAI, TUSD, PAX, USD, EUR and GBP.
- Increased their user base to over 800,000.
- Processed loans now over $3 billion.
- Integrated more use cases for the NEXO token.
- NEXO Token Listed on Digital Assets Trading Platform BEQUANT Exchange.
- Added USDC as a borrow and earn option.

Coming soon:


- Credit card release
- Audit
- Dividend payout

Current Price: $0.193299 USD / 0.00002090 BTC
6  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥 Why EVERYONE is leaving their BANK and using this platform! 🔥 on: June 09, 2020, 10:52:12 PM
Since starting this thread, NEXO has achieved the following in 4 months:

- Gained 150,000 new users on their platform (In total: 700,000+ users)
- Processed $500 million in loans (In total: Over $2 billion)
- Integrated PAXG as a collateral option


Coming soon:


- Credit card release
- Earn interest on Cryptocurrencies
- Audit
- Dividend payout

Current Price: $0.129058 USD / 0.00001318 BTC
7  Economy / Investor-based games / Re: Any safe project/platform accepting BTC as investment and giving BTC dividends? on: June 05, 2020, 10:55:41 AM
Take a look at NEXO - https://www.nexo.io

They pay 30% of their profits as dividends to token holders. If you are located in the US, they pay out dividends in Bitcoin. Their token has many use cases: https://medium.com/nexo/improved-nexo-staking-policy-for-credit-line-discounts-9b896cc34b93 They are SEC compliant and have over 700,000 users on their platform. They processed $2+ Billion in loans and have been in the cryptocurrency industry since 2018. Prior to this they have over 10 years of experience in the online lending industry (Founders of Credissimo - https://credissimo.com). The next dividend is going to happen soon. Feel free to join the telegram group if you have any questions! https://t.me/nexofinance

Previous annualized dividend yields:

First dividend - annualized dividend yield of NEXO is 4.80% / This surpasses Apple, JPMorgan, Wells Fargo, Goldman Sachs and etc.
Second dividend - annualized dividend yield of NEXO is 12.73% / This surpasses all of the highest dividend-paying stocks in the S&P 500.

I also wrote up a detailed thread on NEXO if you want to take a look: https://bitcointalk.org/index.php?topic=5226387
8  Economy / Securities / Re: Dividents/Stocks on: June 05, 2020, 10:42:02 AM
If you don’t mind investing in a dividend paying token in the Cryptocurrency industry, check out my thread on NEXO: https://bitcointalk.org/index.php?topic=5226387

High yielding token with massive growth potential.

First dividend - annualized dividend yield of NEXO is 4.80% / This surpasses Apple, JPMorgan, Wells Fargo, Goldman Sachs and etc.
Second dividend - annualized dividend yield of NEXO is 12.73% / This surpasses all of the highest dividend-paying stocks in the S&P 500.

As you can see, it is growing at a fast rate and the next dividend payout is happening soon.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Altcoins Should Be Watched Closely in 2020 on: February 19, 2020, 09:51:15 AM
If you are interested in a low cap that gives high yield dividends. Check out NEXO! They have 550k+ users on their platform, processed over $1.5B+ in loans, pays token holders dividends and has many utility features.

Check out my thread on NEXO, I go more in-depth with the fundamentals and technical analysis: https://bitcointalk.org/index.php?topic=5226387.0
10  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥 Nexo is taking over the banks! 🔥 on: February 19, 2020, 09:44:06 AM
The "earn interest" program that they have on their platform is one of the alike program that they have with the bank. But still, know the risk because this is cryptocurrency and with the promised interest is the same as the banks too.

This might be a good announcement thread for nexo if still they don't have it. I don't have time to look for the original ANN.

Thank you, I appreciate it. Just wanted to put this out there as I find that NEXO doesn't get the recognition as some of the top coins on CoinMarketCap. In the top 50, how many of them can say that they are making a profit? Have a use case? If they are not making any revenue, how will they survive? (ICO funds won't last forever, we've seen projects stop operation because of this during the bear market.)

Not only am I invested in NEXO, but I have also used their service before and it has been flawless. Everything is automated and you get your loan instantly. There has been 2 payouts of the dividends since their launch, first one with a yield of 4.80% followed by 12.73%. The next dividend payout is going to happen soon and it will be HUGE. For the people that are interested in passive income or high yielding tokens with massive growth potential, definitely check out NEXO.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Another STO failed! STO won't work anymore. on: February 19, 2020, 09:41:16 AM
NEXO, is a US Securities and Exchange Commission (SEC)-compliant security token that pays ongoing dividends to holders. They have 550k+ users on their platform, processed over $1.5B+ in loans, made over $10M+ in profits in under 2 years of launch and the token has many utility features.

Check out my thread on NEXO, I go more in-depth with the fundamentals and technical analysis: https://bitcointalk.org/index.php?topic=5226387.0
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this Right Time to buy Some ALT coins? on: February 19, 2020, 06:34:25 AM
I believe it's a good time to scale in altcoins, most of them have bounced off a significant support level and rebounding back with the market. Low caps is a gamble, but there are some gems that are highly undervalued. Find one that has good fundamentals and actually has a use case.

If you are interested in a low cap that gives high yield dividends. Check out NEXO! They have 550k+ users on their platform, processed over $1.5B+ in loans, pays token holders dividends and has many utility features.

Check out my thread on NEXO, I go more in-depth with the fundamentals and technical analysis: https://bitcointalk.org/index.php?topic=5226387.0

13  Alternate cryptocurrencies / Altcoin Discussion / Re: Gonna sell my stock assets and invest in these top currencies. Suggestions? on: February 19, 2020, 06:24:14 AM
If you are interested in a low cap that gives high yield dividends. Check out NEXO! They have 550k+ users on their platform, processed over $1.5B+ in loans, pays token holders dividends and has many utility features.

Check out my thread on NEXO, I go more in-depth with the fundamentals and technical analysis: https://bitcointalk.org/index.php?topic=5226387.0

14  Alternate cryptocurrencies / Tokens (Altcoins) / 🔥 Why EVERYONE is leaving their BANK and using this platform! 🔥 on: February 17, 2020, 09:47:10 AM


NEXO - The Leading Regulated Financial Institution for Digital Assets

Website
Whitepaper
CoinMarketCap

About:

Nexo is a blockchain-based overdraft system that allows users to make instant crypto loans. At the moment, there is no other way in which crypto owners can use their assets other than selling and buying them. Nexo comes forth with a very lucrative business model where it lets crypto owners use their holdings as collateral, then withdraw cash. The users maintain a 100% access to their cryptocurrency while they have immediate access to cash. At the same time, they can access the value of their crypto assets.

Nexo was created by Credissimo, a leading FinTech group that has been serving millions of users from all over Europe for more than a decade. That company has given out loans worth of $120 million since its foundation while amassing $155 million in cash. They are licensed and regulated in 200+ jurisdictions and let's you borrow instantly in 45+ fiat currencies. Insured by BitGo and partners with some of the top companies in the cryptocurrency industry.

Unofficial Lending Statistics (For USDT only, this excludes fiat) - https://nexostatistics.com // They have been doing over $1M+ in USDT loans per day so far in 2020. "Note that this data is only about USDT loans and FIAT loans are not included. Nexo has announced that on 5th of December 2018 total processed dollars were $313,896,663.14, which was about 15 times greater than USDT loans at the time."

Nexo's 2019 Infographic:

- They processed over $1.5B for 550,000 Users
- Gave out $2.4M in dividends to their holders with a dividend yield of 12.73%
- Released their mobile app for iOS and Android users
- Nexo security infrastructure is now ISO /IEC 27001:2013 certified
- Featured on 80+ premium media outlets

Watch the video here: https://youtu.be/ypMKKYPNe08

What's coming up for Nexo?

- Credit card release (There will be different tiers for the credit card depending on how many Nexo you stake, this will reduce the supply on the markets. This isn't your average debit card, you will be able to utilize the Nexo platform and have easy access to your loaned money while still owning your assets.) The credit card hype is crazy, you saw what happened with MCO and GRS when they released their own card (100%+ gains). / Expected to be released in March/April 2020.

- Audits of their loan books / Will be audited by an independent 3rd party in Q1-Q2 2020. Quite a few people on the sidelines waiting for this, once they publish it...

- Dividends (Company pays 30% of their profits to token holders.) / This one will be HUGE since the growth has been crazy, the last one had a yield of 12.73%.

- Acquire their own bank to allow fiat deposit-taking and payments system (NEXOBank) / This will be massive, you saw back in 2017 when a coin updated their whitepaper lol, imagine purchasing a bank...

- More exchange listings coming soon... (Have been the #1 volume on Binance DEX for awhile now, Nexo also has BNB as a collateral option and CZ (CEO of Binance) notices this. You remember what he said, any adoption with their token will increase the chances of a listing... Binance is also starting to list tokens again with the market going up.)

- Earn interest on your Cryptocurrencies (BTC/ETH and etc.) / Expected to be released in March 2020.

- More utility for the token:
       - Better interest rates on both our ‘Instant Crypto Credit Lines’ and ’Earn Interest’ products
       - Premium features and functionalities
       - Adding more collateral options, features and functionalities
       - Higher Nexo Card Cashback
       - Exclusive Nexo Card designs
       - Higher Affiliate commissions
       - Invite-only access to products announcements and events


Interesting posts on Nexo:

  https://www.altcointradershandbook.com/coin-report-nexo/

  https://medium.com/capriole/the-nexo-token-is-a-30c-dollar-part-1-176875fefbe1

  https://medium.com/capriole/the-nexo-token-is-a-30c-dollar-part-2-9ef52e7940ca

  https://www.reddit.com/r/Nexo/comments/ewemt3/why_nexo_might_top_1_per_token_in_the_next_1224/

  https://www.reddit.com/r/Nexo/comments/ediy5u/why_nexo_is_going_to_have_a_bright_year_2020/

  https://www.reddit.com/r/Nexo/comments/f42fla/why_nexo_might_top_1_per_token_in_the_next_12/

  https://www.reddit.com/r/Nexo/comments/f2z2dx/were_approaching_1k_daily_loans_nonfiat_only_thus/

  https://www.reddit.com/r/Nexo/comments/evpkbx/some_thoughts_on_the_new_nexo_staking_policy/

Technical Analysis:

For the people that invest/trade using technical analysis, check out the high time frame NEXO/BTC pair on Huobi. Clearly see that it has broken out of a long timescale accumulation phase. Could possibly see price discovery with some of the fundamentals coming up for NEXO (If you don't know what price discovery is, check out the LINK chart, it is going through this right now.)



Where Can You Buy Nexo?

The NEXO token can be bought on the following exchange platforms:

https://coinmarketcap.com/currencies/nexo/markets/

Price at posting this thread: $0.196285 USD / 0.00002002 BTC

Additional Information and contacts:

- Blog: https://medium.com/nexo
- Telegram: https://t.me/nexofinance
- Facebook: https://www.facebook.com/NexoFinance
- Twitter: https://twitter.com/NexoFinance
- Reddit: https://www.reddit.com/r/nexo/

Definitely take a look at this gem! What projects out there can say that they made over $10M+ profits in under 2 years of launch? Released a working product after their ICO? Have over half a million users on their platform? Pay dividends to their holders? (High yielding coin with massive growth) Have an actual use case? One of the most adopted projects in the crypto space? Also with their new policy which requires users to stake NEXO if they want the 50% discount on interest, this will make the buy side heavy with the amount of people that has taken out a loan (over $1.5B+ processed and with the APR interest at 11.9% there will eventually be $178.5M+ in buy orders for Nexo on the markets) because who wouldn't want to save 50%? This forces clients to buy NEXO off exchanges and to stake it over a period of time, which will reduce the supply on the markets. Also don't forget about all the different types of use cases that are in the works for Nexo. Both the fundamentals and technical analysis side for Nexo are looking great. This isn't your average utility coin, it is also a security token just like your shares/stocks that pays dividends to their holders, which makes investors directly involved in the ownership of Nexo/NexoBank.

Please do your own research before investing!
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