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Author Topic: Is NEXO currently the best lending platform? How about future?  (Read 207 times)
puremage111 (OP)
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April 27, 2019, 05:52:21 AM
 #1

Crypto industry is blooming regardless of how the price crash and this is a positive sign imo
The first crypto lending platform i actually know is SALT, but i am not sure what happen to them as i seen people said they fail (Their business still operates currently)
Then we have ETHlend (Smart contract lending)
Then follow by NEXO which is currently the most fmaous platform for crypto lending, crypto cash instant line and etc (Amazing product)

Do you guys think NEXO can be the pioneer of lending in the crypto industry?
They even have a 6.5% Interest stablecoin lending program which is RISK free
ashmodeus
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April 27, 2019, 12:32:02 PM
 #2

for now, i say yes.
altough still not yet ROI of ico price, but their project seems stable,
also with dividend to who hodl nexo token make this project favoritable.
The first dividend payout to NEXO Token Holders in December of 2018 was reportedly for $912,071.
well,who know about this year.

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April 27, 2019, 12:51:15 PM
 #3

Whenever I watch videos on youtube, Nexo's ads are popping out. I would like to hear someone who really used their lending service platform and explain probably in detail or summary on how's the experience using them.

The first dividend payout to NEXO Token Holders in December of 2018 was reportedly for $912,071.
well,who know about this year.
Wow that's good amount that has been distributed as dividend. That means that their company earned a lot.

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Ipwich
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April 27, 2019, 01:14:16 PM
 #4

Honestly I haven't tried their lending service yet, I don't want to as certain information about the this lending project because I can find
information by making a research.

My only question is, how are your experience to those who have tried their service? are they recommended?
I might try if I can hear good feedback, currently, I'm just borrowing money in the forum lending section, but with small amount only.

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Whosdaddy
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May 02, 2019, 01:04:40 PM
 #5

Honestly I haven't tried their lending service yet, I don't want to as certain information about the this lending project because I can find
information by making a research.

My only question is, how are your experience to those who have tried their service? are they recommended?
I might try if I can hear good feedback, currently, I'm just borrowing money in the forum lending section, but with small amount only.
I have same concerns as you do because I have tried just once to make use of their platform but I saw a lot of requirement I couldnt provide and I was thinking why is that so, will it not be better for me to just get the loan from the bank instead. Is there anyone here that have actually successfully make use of nexo platform should please tell us how you did it and how long it took you to get the funds, and also how they were able to monitor you.
VanDeinsberg12
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May 02, 2019, 01:34:16 PM
 #6

for now, i say yes.
altough still not yet ROI of ico price, but their project seems stable,
also with dividend to who hodl nexo token make this project favoritable.
The first dividend payout to NEXO Token Holders in December of 2018 was reportedly for $912,071.
well,who know about this year.
It will be a yearly report. But the lending platform of NEXO is still active and there was a lot of people still using it. NEXO was creating various services and more to come. this one seems to be a good platform consider it has insured by bitgo.

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CryptoBry
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May 02, 2019, 01:46:51 PM
 #7

Whenever I watch videos on youtube, Nexo's ads are popping out. I would like to hear someone who really used their lending service platform and explain probably in detail or summary on how's the experience using them.

The first dividend payout to NEXO Token Holders in December of 2018 was reportedly for $912,071.
well,who know about this year.
Wow that's good amount that has been distributed as dividend. That means that their company earned a lot.

I am already a signed member of this crypto-lending platform and I am watching whether this can be a serious contender and has long-term potential in this industry. I am sure this can command a big share of the current market since many players in the past just withered (hope this will not happen to Nexo also). Does anybody know how much can I loan with a cryptocurrency that I deposit with Nexo?
pawanjain
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May 02, 2019, 04:57:58 PM
 #8

Crypto industry is blooming regardless of how the price crash and this is a positive sign imo

The first crypto lending platform i actually know is SALT, but i am not sure what happen to them as i seen people said they fail (Their business still operates currently)[/quote]
I am not against lending platforms but the fact is that most of the lending platforms I have seen till date have turned out to be scam at some point of time.
The great example is bitconnect. I had invested in it too but all of it went to drain.

Quote
Then we have ETHlend (Smart contract lending)
Didn't it turn out to be a scam too ?

Quote
Then follow by NEXO which is currently the most fmaous platform for crypto lending, crypto cash instant line and etc (Amazing product)
Do you guys think NEXO can be the pioneer of lending in the crypto industry?
I thought something similar of bitconnect but you know where it stands today. NEXO might end up being the same thing as well.

Quote
They even have a 6.5% Interest stablecoin lending program which is RISK free
Dude, Crypto is "Never" risk free.

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May 02, 2019, 05:13:54 PM
 #9

Their token feel so far so good now
https://www.coingecko.com/en/coins/nexo
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