Review on Nexo Wallet by Maximiliano Aquino
Nexo wallet, its guaranteed assets.
Nexo wallet is a product of Nexo, a lending platform based on its cryptographic portfolio, with which you can manage numerous cryptographic assets such as NEXO token, BTC, ETH, Stellar, XRP among others. The user who holds an encryption balance in his wallet can use that balance to take out loans using his cryptographic portfolio as collateral, in addition to being able to earn a slice of the 30% of the profit at Nexo company that will be calculated on the amount of Nexos tokens stored in the your wallet. The assets of your Nexo portfolio are guaranteed by an insurance of up to 100 million dollars guaranteed by BitGo. A very secure online wallet, being among the five most reliable online wallets on the market today.
Pros
- support for multiple currencies, plus your own nexus token
- being able to withdraw loans in fiat currency without having to sell your assets
- growing market
- solid design and guaranteed for its user
- Nexos' profit sharing to nexo token holders
Cons
- for now I see that the project has no point that I can point out as negative
New products
Comments (1)
May 07, 2020
Nexo has live automated platform. It has a fully operational instant lending platform with seamless user experience and military grade security with 256- bit encryption. It make the Crypto to work for you. It seems to be the only insured account that let's you borrow instantly in 45+ Fiat currencies and earn daily interest on your idle assets.
