Review on Nexo Card by francis fernandez
NEXO CARD
The crypto industry surprises us day by day with new blockchain technology products that are increasing the idea of a fully digitized world market. In this sense; we find the coexistence of a range of cryptographic services of the electronic market and a series of strategic alliances of their developers; in order to achieve a fully globalized digital economy.
Mastercard; globally recognized on the planet as an International Corporation of payment mechanisms; In August 2019, it joined the NEXO Crypto Credit Organization, to create a digital product called NEXO Card.
NEXO Card is a credit card linked to Nexo's revolving credit line; which is used to consume goods and services backed by the cryptocurrencies of its users.
Why use Nexo Card?
* It is an easy access card; since it can be obtained through the Nexo Wallet mobile application in Google Play and in the App Store of smart devices, and you can access the "card" option.
* It is the only cryptographic card that users can use to consume their digital currencies, without having to sell them.
* NEXO Card is globally accepted in around 40 million businesses.
* Theirs users can request additional NEXO Card digital cards at no additional cost. In addition, they can enjoy disbursements of 2% of their purchases. These are obtained in BTC or Nexo Token.
* Cardholders can pay for goods and services in local money, as it is widely accepted anywhere in the world.
* The user is constantly informed of their operations through the application's instant communications.
* The cardholder can immobilize and mobilize his card whenever he wishes.
* Allows its users to verify their PIN and change it when required through an ATM. You can also create cards online to make purchases safely.
With Nexo Card, cardholders have in a single product all the benefits of the renowned International Corporation of Mastercard and Nexo payment systems together.
Pros
- This platform does not require the payment of commissions for currency exchange, or fees for your cards.
- It allows users to use their revolving line of credit without having to immediately have their cryptocurrencies to pay the loan.
- It has an almost insurmountable level of acceptance in the shops of the world.
- Its security profile is based on military grade 256-bit encryption code and anti-fraud technology 24 hours a day, 365 days a year for the security of its customers' operations.
Cons
- It is accepted in more than 200 territories; except for some jurisdictions.
