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Nexo Review

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Followers 3

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Average

Revainrating 4 out of 5  
Rating 
3.8
Crypto Projects, ERC20

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Description of Nexo

Nexo (NEXO) is a cryptocurrency launched in 2018and operates on the Ethereum platform. Nexo has a current supply of 1,000,000,000 with 560,000,011 in circulation. The last known price of Nexo is 0.66747775 USD and is down -0.73 over the last 24 hours. It is currently trading on 99 active market(s) with $4,348,922.75 traded over the last 24 hours. More information can be found at http://nexo.com.

Reviews

Global ratings 32
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Type of review

Revainrating 3 out of 5

Unique features and innovations by Nexo project

This Nexo overview will no longer supply funding advice, however the volatility of tokens is really worth thinking about in contrast to the lifestyles of the company. The NEXO token was once simply launched after the 2017 bull market, however skilled the biggest amplify in 2021, accompanied through the 2021 bull market. Whether NEXO is really worth shopping for relies upon on whether or not you intend to keep tokens to receive, of course, out of pure speculation, enterprise positive factors or

Pros
  • Credissimo connection
  • legitimate cryptocurrency
Cons
  • crypto loans and deposits
  • loss in lending

Revainrating 4 out of 5

NEXO - fiat savings account

I am a huge fan of all the platforms which tries to replace the old banks. Nexo is one these platforms and have some advantages over the competition. I am using it mainly due to the yield on the fiat deposits (i.e. EUR) with quite high yield. I am accumulating also their native token in order to have higher yields and get paid dividends. There were a great start by introducing Nexonomics which brought features such as buyback of their native token (this makes it scarcier and more valuable)…

Pros
  • could have zero withdrawal fees
  • Nexonomics
  • high yield
  • yield on EUR
  • dividends
Cons
  • recent changes (fixed assets, limited withdarwal)
  • high interest on loans

Revainrating 5 out of 5

NEXO - saving account (better than bank)

Nexo is one of the platform I am using and think it suits perfectly my needs. The best possible way how to use it is to deposit supported cryptocurrencies or fiat such as EUR. The deposit limit for EUR is quite high but on the other hand having 10 % on fiat is perfect because no bank will give you this. Their loan are pretty expensive (almost same as bank levels) but it does not bother me as i am using the platform as saving account. They have recently introduced option to get higher APY and…

Pros
  • zero withdrawal fees
  • high interest
  • dividends on NEXO token
  • interest on fiat
Cons
  • expensive loans

Revainrating 4 out of 5

NEXO

Well, as we know, the basis of this project is based on lending. The thing that struck me about Nexo is that its manufacturer has been operating since 2007. This means even before the advent of bitcoin! In an overview of this project, I found that this currency has an advantage over other lending services. Because most of these service providers expect a monthly repayment, NEXO allows the borrower to decide for themselves how the loan will be repaid. In the continuation of the review, I want…

Pros
  • The producer has a very long history. Even more than bitcoin
  • It's currency appropriate to invest in the medium term
Cons
  • I did not see any particular negative point about this currency and its price trend.

Revainrating 1 out of 5

No trust to this company, check real reviews

Didnt receive my bonus, even finished all requirements, cheater company, can prove my words, opened a ticket in support and they even dont read it careful, all proves in my side, they dont care at all. Support is useless, dont even tried to help, replied as useless bots. Dont care about their users and their experience, only worry about their money and about their fake five-star reviews, which i think is fake, for a every one-star real review they put 10 five-star reviews from themself or…

Pros
  • none
Cons
  • a lot

Revainrating 4 out of 5

Nexo is committed to providing instant loans

Nexo is committed to providing instant loans to anyone through collateralizing digital assets. Users in need of credit will lock their cryptocurrency and receive immediate cash to spend on their Nexo credit card or their own bank accounts via the same bank transfer the next day. The Nexo credit card is free for project users and does not charge any additional fees. The credit limit is tied to the market value of the digital assets in the user's wallet, and the user can pay off their out

Pros
  • Nexo is backed by Credissimo, a Bulgarian FinTech company that specializes in instant loans, e-commerce financing and payment services. Credissimo was founded in 2007 and operates in online consumer lending in several European countries.
Cons
  • The platform is less popular

my review on nexo, nexo offfer a crypto currency interest account that you can earn up 12% APY that is very solid. nexo is an European company founded in 2017 by Antoni trencheur. the are licensed and regulated in over 200 countries and keep their asset with bitgo, a crypto custodian company. Nexo manage and store your wallet because they are also concerned of security. in a situation where is security bridges nexo insured you for damage and it very secure with two factor of communication on…

Pros
  • There is high benefits of trading on nexo
  • Created a good pay out system.
  • Handle's Many transactions with good transaction fees.
Cons
  • Non

Revainrating 3 out of 5

NEXO is a savings account that meets your needs.

I think Nexo is one of the stages I am using and meets my requirements. The most convenient way to use it is to keep cryptographic forms of money or fiat, such as EUR. Nexo is the largest digital currency. It is the best provider of fast crypto-advances. Nexo was the world's leading cryptocurrency management company. It was a great start with the introduction of Nexonomics, which led to important events such as the purchase of a local sign (which makes it more difficult and more important)…

Pros
  • Medium-term investment is good for the currency.
Cons
  • the interest rate on credit services is high.

Revainrating 3 out of 5

Could Nexo be the best financial round for all crypto?

Nexo has been the governing body for several years. Charge comes to mind, and when it comes to using a payment card to create and buy an organization, customers have the opportunity to exchange. Nexo helps customers get ahead. The main idea is money order.I believe cash changes are happening and Nexo is making this payment. The main thing depends on the loans I don’t use, because there is a huge reward associated with them (as you get into the banks). Honestly, I’m in a hurry to go through…

Pros
  • Serious prices Daily payments.
Cons
  • No flaws

Revainrating 4 out of 5

Nexo project review.

Nexo is the biggest cryptocurrency network. It is the most advanced provider of quick crypto-loans. Nexo was the leading cryptographic loan service in the world. They have active customers and users. Since 2019, the crypto loans have neither failed or failed significantly. This is likely to be typically secured loans that contribute to crypto-market extreme volatility. Nexo is assisting you in obtaining a loan. The central concept is financial planning. I am sure that the period of money is…

Pros
  • It's really easy to use.
  • Extremely convenient and fast service to use.
  • Investing in the medium term is suitable for currencies.
  • The company has a lengthy history.
Cons
  • None.

Revainrating 4 out of 5

Working with Fiat and Crypto in a Secure Network

Nexo has been an association of organization during years. I recall when I knew the association through their charge card help, and discovered the chances for trading customers may have by acquiring it. The benefit of this association are summarized to the remarkable potential outcomes it offers for getting income of premium after each trade they make. More work, it's anything but an assistance that past being united to European records associations it offers sorts of help for an overall group.

Pros
  • The decisions for working with fiat cash are long. There are various strategies for making a substantiall cycle with the most business coins
Cons
  • It is still less considered for customers of explicit countries taking into account the excessive expenses to progress on the page as a part of the essential area.

Revainrating 3 out of 5

Nexo: Operating with Fiat and Crypto in a Secure Network

Nexo has been an organization of administration during years. I recollect when I knew the organization through their charge card help, and found the opportunities for exchanging clients may have by obtaining it. The profit of this organization are summed up to the extraordinary possibilities it offers for getting earnings of premium after each exchange they make. More work, it is a help that past being joined forces to European accounts organizations it offers types of assistance for a…

Pros
  • The choices for working with fiat cash are long. There are numerous methods of making a substantiall cycle with the most business coins.
Cons
  • It is still less considered for clients of specific nations in view of the exorbitant costs to advance on the page as a component of the primary section.

Revainrating 3 out of 5

Below average with high fees relative to competitors

When I first started using NEXO I was drawn to them by their high interest payouts but I found that I had to have NEXO in my wallet and the rewards are tiered based on the amount of NEXO you own. When I attempted to purchase this token of theirs I was unable to as I live in a country they don't support yet. This information should be prominently displayed as a warning before people deposit funds which can't be freely withdrawn except for once per month. I don't appreciate having my assets held…

Pros
  • They pay out interest daily
Cons
  • Limit of one free withdrawal per month unless you hold NEXO tokens which aren't easy to obtain for some customers

NEXO is an industry-leading platform that offers some of the best perks to its customers. Daily interest payouts, cheap lending rates, never any fees and a profitable business model makes banking with Nexo a win-win for all the parties involved. Nexo has a promising road map with a dozen of impressive features such as a built in exchange and a crytpo backed credit card. Both of these features are in Beta testing at the time of writing this review, and I would imagine they should be rolled out…

Pros
  • Competitive Rates
  • Daily Payouts
  • Profitable Business Model
  • No Fees
  • Annual Dividends
  • 24/7 Customer Service
  • 100 Million USD Insurance Policy
Cons
  • Somewhat difficult to locate certain company info
  • Lack of clarity in a few areas

Revainrating 4 out of 5

About Nexo

Today I will tell you about Nexo, which is a different cryptocurrency from all cryptocurrencies. Because, Nexo offers its investors the opportunity to get a crypto loan. Millions of FinTech users are supported by Nexo. I think Nexo has managed to gain people's trust in a short time. Nexo's features I want you to know that Nexo creates ways to use cryptocurrencies beyond trading. I want to say something awesome about Nexo: You can get credit by showing your digital assets as collateral. Nexo's

Pros
  • easy to use
  • good idea
Cons
  • none

Revainrating 4 out of 5

Nexo: Operating with Fiat and Crypto in a Secure Network

Nexo has been a company of service during years. I remember when I knew the company through their debit card assistance, and discovered the possibilities for trading users might have by acquiring it. The earnings of this company are summarized to the great chances it offers for receiving incomes of interest after every transaction they make. More work, it is a service that beyond being partnered to European finances institutions it provides services for a global audience. Nowadays, many users…

Pros
  • An easy way of entering the platform with many options. All their products although belong to the same core are separated, so users can use one or all of them.
  • Great options to manage cryptos and fiat money in the same place through a debit card.
  • It works with stunning velocity. All transactions are done within the seconds and the platforms offer personalized backup options in case of something's need to be saved out of the network.
  • Insurance, safety, and privacy are guaranteed as part of the first roots of the company to provide a high-quality service.
  • The tokens managed on it receive good volume, and have great prices to be traded, overall.
  • The options for operating with fiat money are long. There are many ways of making a substantiall process with the most commercial coins.
Cons
  • It is still less considered for users of certain countries because of the high prices to loan on the page as part of the first entry.
  • It offers its own products, but the partnership it has with external trading services is limited.

Revainrating 4 out of 5

Nexo

Nexo is popularly know as crypto bank it has lots of interesting features that attract more user daily on its platform with 10% interest on invested crypto token, 5.9% borrowing rate fund, fast withdrawal zero fee on transaction, $100million insurance fund 10% annual compounding interest, fiat currency and crypto asset investment platform 100k social media users and commendable reviews from users. Nexo offer incredible features overall I would say it one of the best investment platform operati

Pros
  • Generally a lending and borrowing platform for both crypto and fiat currency
  • Backed and support by well insured company with well regulated Bodie
  • Well active platform with an engage users updated info
  • Daily interest payout
  • Support mobile device Android and iOS
Cons
  • No negative comment

Revainrating 5 out of 5

Excellent experience, a Card would be great!

Nexo is my go-to for easy-access high-yield GBP, EUR and USD savings. I wish I can increase my earnings by buying Nexo coin but I feel that having Nexo coin that is worth 10% of all my savings with them is a bit too high. Hope the Card will be released soon so that we can spend directly with it. Support is great, very responsive and helpful!

Pros
  • High Yield, one of the best I've come across even for Fiat currencies
  • Support is responsive and helpful
  • Free Deposits and Withdrawals
  • Fast Deposits and Withdrawals
  • Insured
Cons
  • Card is not yet available, would be a great way of spending Fiat and Crypto
  • Relatively small list of Fiat and Crypto

Revainrating 4 out of 5

Nexo's Review

Nexo is the largest network in the cryptocurrencies space. It is the most advanced instant crypto lending provider. Nexo established itself as the world's leading crypto lending service. They have user and grown beyond 170.000 active customers. There has no breach or significant default on the crypto loas since 2019. This is probably the loans are generally overcollateralized which helps during the wild volatility of crypto markets. Nexo is helping you for borrowing money. The main idea for…

Pros
  • It is very simple of using it. like in app
  • everything in app
  • pretty easy to use and quick service
Cons
  • Not stable coin

Revainrating 5 out of 5

Safe and secure environment for crypto.

Digital borrowing and lending assets have been highly exception for many years of their existence. However, like the platforms it wants to close its gap it could be the next big thing in the crypto world. If you are looking for some short-term liquidity, you do not have to sell your digital assets. You have instant access to crypto-backed loans that you can withdraw to your account as well.

Pros
  • The fully automated system ensures that you get an instant, flexible credit line without having to do any credit checks.
  • Instantly spend money using your card or withdraw it to your bank account.
  • Pay at any time and debit interest from your available limit.
  • It also uses transparent blockchain loan contracts.
Cons
  • None!