What are people's thoughts on Nexo is it a safe place to put my BTC or is it a scam waiting to happen
I am thinking of moving my main BTC holdings from Coinbase and looking at alternatives nexo has caught my eye
I created an account but haven't deposited any coins yet
So what's your purpose of sending your main holding to such wallet? Their loan? Its been said that their token is shitcoin well the same as their featured service.
I'd say coinbase is better than nexo in anyways, but I suggest to hold it on a wallet where you own the private keys/seed just what mentioned above.
But if the amount is not that great, I guess its considerable to put it on an exchange where you can easily convert to usdt/usd when ATH comes. But remember that CB is known as shit also, the website keeping in maintenance when btc price soar, and telling its user that their server cant hold the amount of users, like wtf? Its been an issue for how many years yet they still not upgrade their servers?
