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What Is Nexo.io? (NEXO) Complete Guide & Review About Nexo.io

Bixer Simond by Bixer Simond
08/04/2024
What Is Nexo.io? (NEXO) Complete Guide & Review About Nexo.io
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What Is Nexo.io?

Nexo.io is the world’s largest and most trusted lending institution in the digital finance industry. This is a trusted partner for leading trading firms, hedge funds, family offices, and OTC desks. Combining top-tier custody with large scale lending and financing, deep liquidity, and efficient low latency execution, This can help you scale and execute any trading or investment strategy.

Nexo.io Since 2018 has strived to bring professional banking services to the world of digital assets. Leveraging the best of the team’s years of experience in FinTech along with the power of blockchain technology, The empowers thousands of people to harness the value behind their crypto assets, shaping a new, better financial system. The currently manages $12+ billion in assets for 1,000,000+ users across 200 jurisdictions.

Nexo.io Storage Key Points

Coin Basic Information
Coin Name Nexo.io
Short Name NEXO
Circulating Supply560,000,011 NEXO
Total Supply1,000,000,000
Source CodeClick Here To View Source Code
Explorersetherscan.io
Twitter Page Click Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Features

The Ultimate Security for Your Digital Assets

Nexo.io The platform is equipped with a top-quality security infrastructure designed to ensure maximum protection of assets at all times. Compliance with stringent regulations and global KYC and AML standards are testaments that security is utmost priority. That is why individuals, businesses, and institutions big and small trust with their data.

Earn Interest

Earn daily interest on your crypto and EUR, GBP and USD
  • Up to 12% annual interest
  • Unique daily payout
  • $375 million insurance on all custodial assets
  • Add or withdraw funds at any time

Borrow Cash or Stablecoins

The Collateralize your crypto and borrow instantly with Nexo’s crypto credit lines.
  • Interest starting from 5.9% APR*
  • $375 million insurance on all custodial assets
  • A minimum of $50 and a maximum of $2 million
  • Automatic approval, no credit checks

$375 Million Insurance

Nexo.io partners with the foremost providers of security in the blockchain space, including BitGo and Ledger Vault, among others. Collectively, they carry $375M in insurance protections for digital assets held on the Nexo platform via the most prestigious syndicates of underwriters.

Protected High-Yield Passive Income

They protect your assets by only lending them to institutions on an overcollateralized basis through crypto-backed credit lines. The rates stay stable over time, because of strict risk policy of never lending without collateral, which results in lower yields but basically no risk. All funds are asset-backed by portfolio of 200–500% overcollateralized crypto credit lines.

Nexo Exchange

The Seamless, instant, and limitless exchanges at the best available market prices.

The Best Market Prices

The Smart Routing System offers the best market price by connecting to multiple exchanges at once. You no longer need to crunch numbers – the system does it for you within a fraction of a second from a single platform.

100+ Crypto & Fiat Pairs

Nexo.io Market pairs for all supported currencies, including Token pairs /BTC, /ETH, and /USDT. The feature transforms the Nexo platform into the single place you need in order to buy, sell, safely store, and borrow against your Tokens.

Fixed Price & Immediate Execution

Nexo.io Zero price fluctuations when you place an order, compared to other providers where the price might change by up to 5%. Your balances are updated immediately, the moment your order is confirmed.

Unlimited Swaps

Nexo.io No upper limit on the swaps you can make, up to $50,000 per single transaction.

Mission

This is committed to successfully solving inefficiencies in the lending markets by creating innovative, convenient and sustainable solutions. By harnessing the potential behind blockchain technology, This is pioneering a new digital financial system.02.

Vision

Nexo.io see a future for the financial world where all assets are tokenized on-chain and people have efficient ways to transfer or manage their funds. At the , they always look ahead which is why they designed products to be seamless, secure and instant — the banking services of tomorrow.03.

Values

The values are rooted in efficiency, transparency and inclusivity. This is reflected in the fully-automated products, transparent processes and the extensive efforts to develop a truly global service that makes wealth creation opportunities available to everyone, providing accessible banking services for the unbanked.

Tags: How To Login NexoHow To Signup NexoNexo. Ico Review
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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