Review on Nexo Wallet by Bukola Joy
Nexo wallet is a good one
Hey there, Nexo Wallet review is here and you will be glad to read through.
Nexo wallet is a frontier lending cryptocurencies exchange platform which is also known as the instant crypto line of credit where one can get extra cash in USD or EUR . Nexo wallet is a blockchain system that supports users on crypto lending and borrowing.
It was established years back in 2017 by Credissimo
Though by research that I made, Nexo wallet platform was a company which was launched in 2018, but it has started to excalate in popularity in some years back. In Nexo wallet platform, Users can get interest on their crypto, and access instant fiat currency without been based on credit scores, in this platform, as a user you can request for loan and at the same time borrow another person your crypto.
Nexo wallet support many cryptocurencies and Nexo token payment like etherum, Bitcoin and some other. .
Nexo wallet gives users a transparent services, it gives a daily Return rates ,
Secure transaction, standard investment development,
No minimum
No striking period, and most of all, users can withdraw anytime of the day.
Nexo wallet charge users a friendly amount of which Interest rates for borrowing start at 5.9% and the interest you can get from investing is only 5% as the highest .
Security in Nexo wallet is very good and standard but in case of investment, you can only invest on standby coin apart from USD and other cryptocurencies and it also has a app that I consider useless because you can not use it to buy or exchange cryptocurencies.
Pros
- Support good number of cryptocurrencies
- It allows lending and borrowing
- It gives good interest on loan
Cons
- Useless mobile app
- Investment is limited
