Review on Nexo Wallet by Șamuhammet Berdimuhammedow

Hello everyone. Nexo is one of the world’s leading regulated financial institutions for digital assets. "It simply came to our notice then. This is a team with more than $ 2 + billion that has been successful at FinTech for more than 12 years and has only been recycled with Nexo, ”said Anthony Tranchev, Nexono's founder and managing partner. So far, there are very few ways for crypto investors to enjoy and develop wealth. The only possibility was to sell after assessing the price of the crypto. Nexo offers a solution to this by allowing users to borrow from crypto loans rather than sell them. Nexo’s crypto credit lines allow users to borrow large amounts of money by placing various supported cryptocurrencies in the Nexo wallet to serve as collateral. The list of currently accepted pledges includes Bitcoin, Ethereum, Litecoin, Ripple, Stellar, Bitcoin Cash, EOS and more, and the Nexo team is constantly working to gain more assets on the Nexo platform. Once pledged, customers can immediately access crypto prices in 40+ fiat currencies in 200+ jurisdictions. There are no hidden fees or taxes and the whole process can be done with a few simple clicks. What makes Nexo unique in the blockchain is that Instant Crypto Credit Lines are dynamic, meaning your credit line grows proportionately if your assets are high in value. Customers can get as much or as little money as they want from the credit line, only adding interest to the amount they use. Nexo has a company logo: NEXO Token is the world's first eligible, dividend-paying, asset-backed trademark. Nexo shares 30 percent of its revenue in the form of dividends with NEXO Token Holders. So far, around $ 3.5 million has been distributed to NEXO Token holders for two dividends in December 2018 and August 2019. NEXO owners, you can use loans as collateral by lowering interest rates when using urgent crypto credit lines. Achieving the liquidity of your crypto can be a slow process that naturally creates a lot of problems for crypto owners and keeps crypto adoption going. There are various exchanges and the asset that interests you may not be available on all exchanges. In addition, requirements, procedures, and scope of release differ from exchange. As such, it may take several days to delete your notes. Nexo has identified this as one of the biggest reasons for the slow adoption of crypto. It allows its customers to immediately cash in on the world and instant cash to take advantage of various investment opportunities by opening up the cryptocurrency liquidity through crypto credit lines. At present, cryptocurrencies are useless, and there is little opportunity to make money from crypto investors' assets. Often they will have to sell their cryptocurrencies to fiat currencies. Unfortunately, this means that if they value the value of their property, they will not be able to use their income. Using Nexo, customers keep 100% of their cryptocurrencies. There is no need to sell their property; they can only borrow from Nexo using crypto credit lines without losing their crypto ownership. This allows Nexo users to enter the required liquidity while maintaining the negative potential of crypto. With the required security standards and transparency in place, it has so far been difficult to borrow through crypto assets. Crypto loans are often made through P2P lending, which often leads to fraud and dubious interest rates. Crypto lending could not be legally approved as the rules were not strictly enforced. Nexo uses open-ended loan agreements to guarantee and guarantee ownership of digital assets. The details of the contracts are kept on the block and are available to the public. It is important to note that Nexo users retain all cryptocurrency ownership using Nexo services.