Nexo is a lending platform for cryptocurrencies. Lenders can lend their digital assets such as Bitcoin, Tether, USDC, and more for interest. Borrowers can collaterize their digital assets in order to take a loan. It currently supports over 40 currencies and has been operating since 2018.

The NEXO Token is the key player inside Nexo’s ecosystem. If you are a borrower or lender, holding NEXO Tokens entitle you to much more competitive rates. As a holder you also earn interest on your NEXO Tokens, get free crypto withdrawals, and receive instant cashback on your transactions on the Nexo Exchange.

You can trade NEXO on Binance, Huobi Global, and HitBTC.

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DISCLAIMER
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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The post NEXO Token Explained | 2 Minute Crypto appeared first on Top Crypto Game.

Sign up with Nexo:

Timestamps
00:24 Cryptocurrency lending and borrowing (DeFi & CeFi)
02:25 Cryptocurrency loan use cases
04:45 Nexo account setup
06:28 Nexo platform features
09:00 Easy way to buy Nexo tokens
10:57 Nexo zero fees
11:05 Nexo security & insurance
11:25 Crypto Credit Line
12:30 How I’m personally going to use the platform
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Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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The post NEXO REVIEW | Earn Interest by Staking Your Crypto | Cryptocurrency Loans appeared first on Top Crypto Game.