Review on Nexo by Massimiliano Di Nocco

Name: Nexo
Item: Nexo
Rating: 5

December 30, 2018

I think to conclude that Nexo has all the potential to be a leader in the…

I think to conclude that Nexo has all the potential to be a leader in the world of loans in Crypto. In my opinion it should simplify communication with the Back office and make it more direct. maybe extend the Collateral in Crypts as much as possible. However, I think that Nexo is currently the Best Project for 2019 in the world of Cripto Finanziario. I believe that for 2019 it will easily manage to reach the price of 0.5 $. Go Nexo Go
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Pros

Nexo is one of my favorite tokens. I participated in Ico as an initial investor and immediately appreciated the project of being able to obtain a loan, leaving on the Nexo platform the collateral in Bitcoin or Ethereum or in Nexo tokens. The Platform at the beginning is not easy and intuitive and in any case to de-limit the Crypts on the Nexo Platform and obtain the Benefits of the current loan and dividends, complete registration must be carried out by filling in the KYC Form in the personal account. The system is very simple and allows obtaining the loan by depositing as a guarantee Nexo token (at the rate of 8%) or Bitcoin, Ethereum, Binance Token and other crypts in the activation phase (at the rate of 16%). sure ... you'll tell me .. the rates are high, but I do not think so, given the enormous potential that the Cripto market has. Once the Le Cripto loans are made, they are blocked on your personal account and the countervalue is issued in Euro, USD, or USDT ... in short, the changeover is fast. I made a loan in euros and arrived in 5 hours! The platform on average lends 25% of the Collateral ... example if I have $ 1000 in Bitcoin the platform lends me $ 250.

Cons

Nexo is an excellent service that allows me not to sell my crypts and in the same tepo I can seize opportunities. you can even decide to stop the loan early by repaying the money on the platform. Of course, the system can improve a lot ... for example, direct communication on the site is too cold and only takes place via email ... there should be a real-time chat service for subscribers ... for example having a monthly report of the amortization plan would be very useful with the calculation of the interest.