[ANN] Nexo - The World's First Instant Crypto-backed Loans

[Renko]

[1715147232]

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[sogut]

Turkish translation reserved

[franc0]

There are no bounties! The ICO already was! By the way, this is the best company. Already has a live product! Much much better than SALT or any other lending platform!

Also i received my loan in USDT immediately, and the second loan that i asked i received it in my bank the next day. Very impressive!

 

[dzkrb1966]

Cryptobank is an interesting thing, but, interesting, when the crypto market is growing. Currently, the market is dominated by negative sentiment. The founder of cryptology, bitcoin - falls and the market too? For borrowers, I think it's profitable, but for investors?

[franc0]

Cryptobank is an interesting thing, but, interesting, when the crypto market is growing. Currently, the market is dominated by negative sentiment. The founder of cryptology, bitcoin - falls and the market too? For borrowers, I think it's profitable, but for investors?

very profitable for investors, It is a security token AND utility token. Nexo token is the FIRST security backed by the SEC. 30% of all profits made from loan interests will be paid to NEXO token holders, the 70% left will be re-invested for loan requests.

The first utility feature is that if you use NEXO tokens as collateral, you will have 50% discount on the interest rate. And the second utility feature is that if you repay your loan with NEXO tokens you will have 50% discount too.

[xepcoh]

Ukrainian translation reserved

[secdark]

Nexo has very nice concept by using its blockchain technology, it addresses to solve the lack of financing in new digital economy. Strongly powered by 10 years of Credissimo's expertise and solid resource base. Nexo is offering the World's First Insrant Crypto-backed Loan, a revolutionary product that enables clients to enjoy their crypto assets without selling them.

[dltsm]

Czech translation reserved

[Cy2]

NEXO should be worth at least as much as SALT??? Market Cap and volume are as good or better.

[Cy2]

Here's good news from Bitgo:    https://www.coindesk.com/bitgo-adds-57-ethereum-crypto-tokens-custody/  Now we should be able to deposit most of our best tokens in our Nexo wallet too.

[pikkie]

how can crypto support the loan?

[gnol009]

I was going to ask Guy what they plan to do with the genome project but I didn't want to after I thought about how it would kill any  debating and free thinking.  But if you knew how prediction science is going it is going to free us or inslave us.  The blockchain endgame. I'm not an academic although I would be a good one. I don't have the sharpest delivery but I'll have one of the best intuitive minds in cripto. Nobody can predict the Future like I can

[dele4]

an interesting project, offers many features and advantages that will be very useful for token holders and investors. supported by the many partners of this renowned media being an important point to be trusted. hopefully in the future there will be better innovation and successfully achieve its goals

[Cy2]

how can crypto support the loan?

Having the first SEC compliant token with dividends is a good start. Nexo is cheap right now, so I loaded up.

[dzkrb]

Colleagues. Well done project. Honest and happy faces of team members are represented, the theme with cryptobank is very popular. In short, the project smells of money.

[dkbit98]

Can you please tell me where is Nexo team based, and where do you send cards from ?

I would say Bulgaria, but please correct me if I am wrong.

I also wonder how safe are crypto funds on your wallet,
as we see so many hacks with exchanges, I am reluctant to send coins anywhere.

[Cy2]

Can you please tell me where is Nexo team based, and where do you send cards from ?

I would say Bulgaria, but please correct me if I am wrong.

I also wonder how safe are crypto funds on your wallet,
as we see so many hacks with exchanges, I am reluctant to send coins anywhere.

Nexo team is based in Zug, Switzerland. Cards are due this month. I'm in the US so issuing bank may be different than EU customers? If you trust BitGo with custody of your funds you're good to go.

[Icoha2018]

Nexo wants investors to easily access the value of their encryption assets. With Nexo, users can send encrypted assets to Wallet Overdraft, then withdraw their instant overdrafts using fiat currencies or other cryptocurrency.

[qiwoman2]

I just opened an account and did the first verification and also uploaded docs for my 2nd verification. Now I want to take out a small loan, can I request the tether to be sent to my Binance account address? I also want to know do I pay the interest every month and when does the term of the loan end? I read that I can borrow for up to one year at an annual rate of 16.6% interest rate? Would love to know how it works. I am thinking to borrow say 2k usd and hedge my btc there and some Nexo. Nexo token price is cheap right now, I wonder if it will get on Binance or other big exchanges.

[Cy2]

And now NEXO has offered to buy struggling SALT?  https://drive.google.com/file/d/1lf_2DZcvVHTCISWDNJOAwzvEUIf0L0f8/view  I'd call that a major development!