Earn 13% per year in EURx with daily payment at NEXO!

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Who is NEXO?

NEXO is a platform where you can find loans. It is possible to use this platform as a lender or borrower. If you want to borrow crypto on the Nexo platform, you will have to use collateral. This can only be done in the form of cryptocurrencies such as Bitcoin, Ethereum or Cardano. In this way you show that you are creditworthy and can repay the loan amount.

Nexo has also issued its own credit card, which you can use to pay in stores. Before you can use this payment card, you must first use crypto as collateral.

Take out a loan

You can secure cryptocurrencies on the Nexo platform in a smart contract and then receive fiat currency as a loan. This way you can get money without having to sell assets for it. This is useful when you need money, but prefer not to give up your positions.

The moment you have paid off your loan, you will get the cryptocurrencies back. Payment can be made in a number of ways:

• You send fiat money by bank transfer to Nexo;

• You repay the loan amount with NEXO tokens and receive a discount on the interest;

• You pay with part of the cryptocurrencies you have used as collateral.

The protocol automatically sends the held cryptocurrencies after payment from the smart contract to the wallet address from which they originate. When a user fails to repay their loan, Nexo will sell the held cryptocurrencies to pay the lender.

Lending money

You can earn money (in the form of interest) by lending money to other people. You do this by depositing fiat currency on the Nexo platform. The interest rate can vary, but is always many times higher than the interest you receive on a savings account. Therefore, it can be interesting to lend money on the Nexo platform.

At NEXO there are EURx and you receive 13% interest per year, which is paid yearly. EURx is the EURO at NEXO and is 1 to 1 equal to the EURO. You will receive the 13% interest per annum yearly if you lock up the EURx for 12 months and have 10% NEXO tokens. If you do not lock up the EURx for 12 months, you will receive 7% interest per year and will be paid out daily if you have 10% NEXO tokens.

The NEXO-token

Nexo has its own NEXO token. This token can be used in various ways within the Nexo ecosystem. Everyone who uses the NEXO token within the Nexo platform pays lower transaction costs. It can therefore be advantageous to be in possession of the NEXO crypto if you want to use Nexo.

All holders of the NEXO token will receive a dividend. In this way, Nexo wants its users to benefit from the growth that the platform is experiencing. 30% of the profits will be shared with the NEXO token holders.

Get $25 in BTC when you deposit $100 and leave it on the NEXO platform for 30 days.

CLICK HERE to create an account.

This is NOT INVESTMENT ADVICE & for informational purposes only!