[NEXO] Crypto backed loans

[BiteMyShinyMetalAss]

You can get a crypto backed loan. Created a topic here instead of ANN coins as its about the service.
Here is the link to the original thread
https://bitcointalk.org/index.php?topic=4557800.0

Short summary:

1) Dont have to repay loan for 2 years
2) Interst rate 8% when paid back with NEXO tokens
3) No hidden fees or any fees
4) 200 jurisdictions and any fiat currency
5) Can take loan in tether
6) Loan up to 50% of colateral value

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[SlowClimberCEE]

I have used the service and it's pretty good.
One clarification on point 2 - basically to take advantage of the 8% you need to pay only the interest in NEXO tokens.
Principal is still due in BTC, ETH or fiat...which is quite handy since buying a large chunk of tokens on the exchange without moving the price can take a while.

[BiteMyShinyMetalAss]

I have used the service and it's pretty good.
One clarification on point 2 - basically to take advantage of the 8% you need to pay only the interest in NEXO tokens.
Principal is still due in BTC, ETH or fiat...which is quite handy since buying a large chunk of tokens on the exchange without moving the price can take a while.

Yeah, true. Persons receives 50% discount on interest if paid by nexo token on non nexo colaterized loans.
Generally loan takes 20-30 min on workday to arrive to the bank account.

[hikaru00]

oh, first of all - NEXO it's a bulgarian scam, telegram group, twitter - they all full of fake followers, admin is russians, they have fake Switzerland address - no one here, hide own a identity, website full of bogus information, its not traded on an exchanges - change.io - its a scam, hotbit - absolute scam operated by NEXO team, all orders book is fake, stole money on daily basis from everyone, what really interesting - its exchange full of millions nexo tokens, of course because it;s operated by NEXO team undercover NEXO got delisted from IDEX exchange becuase IDEX decided it's a SCAM. They claim to be registered with SEC - but's it's all lie, they just registered bogus company on cayman island Nexo Capital and submit electronically request to be registered - everyone can do the same, but will never to be allowed of course, now they show this link to everyone trying to cheat. anyway, it's 100% SCAM, eventually they disappear,so take my advice - don't touch it even with 10 meter pole. If u dont trust - just make your own due diligence, check a address,phones etc.