Review on Nexo Wallet by LUIS RIVERO R
The cryptocurrency bank.
This is a centralized custody wallet for storing digital assets to obtain credit and cash lines with their different cryptocurrencies.
It is called a cryptocurrency bank account, allowing you to earn interest by lending our assets or obtaining cash when necessary fully financed from your cryptocurrencies.
It is possible to receive fiat with more than 45 different currencies.
Minimum amount $ 500 maximum $ 2,000,000. The approval is quick.
In general if you have one of the best platforms to save crypto money, in addition to offering multiple forms of fiat money, without the need to sell your assets. If your cryptocurrencies increase, your fiat credit line also goes up.
Pros
- Nexus card, still in development.
- Asset insurance for more than 100 million dollars in custody.
- Withdrawals and automated deposits.
- It has regulations and certificates of trust from different companies.
- Instant access to cash without selling your assets.
Cons
- Custody wallet.
- Centralized
- Listed assets are limited.
