Review on Nexo Card by Praise Olagbadun
Nexo Card
Nexo Card is a crypto card that allows loan to its users. It is an online platform that can be accessed only by putting up a security deposit. I consider this a limitation to new traders as some are new and may not have enough capital to put up as a security deposit. The card is a master card that supports about 45 Cryptocurrencies and can easily be accessed, ordered and managed from your Nexo Mobile
I would recommend this platform to Traders that are new to the market and those with the intention of joining the crypto family but unable due to lack of funds and I would also love the platform to work on the security deposit by considering some people and if possible, remove
Pros
- Offers loan to users
- Gives cashbacks of about 5%
- Reliable
Cons
- Requires security deposit
