11-20-2019 EUR withdrawingI've just tried to withdraw a two digits sum from the EUR in my Nexo account to my bank account in Germany - but received a message that the IBAN form is invalid (which is not). Have you ever experienced it? Should I opt for a swift or a local transfer? submitted by /u/stglnic [link] [comments]
11-20-2019 The current Nexo token LTV ratio.As it stands the current Nexo token LTV ratio on the platform is 15%. This is hands down the lowest ratio on the platform. There has been talk about raising this in the past. Is it too low? Maybe it deserves to be slightly higher in this stage of it's evolution but safety wise not too high either. Just seems like a bad image to calculate risk assesment so harsh for a top 100 coin that is not..
11-17-2019 Nexo Update: Dividend Distribution, Nexo Mastercard, Token Utility 2.0 (My Actual Account)submitted by /u/Slarti__Bartfast [link] [comments]
11-16-2019 Cash Advance on Credit Card vs. NexoI was perusing my Bank of America credit card agreement today and started appreciating crypto banks more. BoA offers cash advances with the following generic terms: Fee of 3% or 5% (withdrawal method ATM or ACH, respectively), or $10 minimum. Interest rate of 17.99% - 26.99% depending on creditworthiness and income. My actual "offer" from BoA today on a $5000 cash advance is the 3% fee..
11-13-2019 Help find Nexo ETH wallets!A few people have asked for more transparency around Nexo's funds and usage. But we could get a partial picture ourselves by compiling all the Nexo wallets we are aware of. Since most stablecoins are issued on Ethereum, this is probably the best place to begin. One example wallet to start things off: 0x65b0bf8ee4947edd2a500d74e50a3d757dc79de0 The above address is the single largest holder of N..
11-12-2019 Smart Contracts - Nexo- Withdraw - StablecoinsDoes Nexo use smart contracts with its stablecoins, such as with USDC? The reason that I'm asking is because I'm curious if I can withdraw my USDC that I have on the platform into an exchange, many of which don't accept smart contracts. submitted by /u/FTG101 [link] [comments]
11-9-2019 Why doesnt nexo create an exchange.Then you wouldn't have to worry about eating fees through transferring between exchanges to nexo. Would be a nice coupling. submitted by /u/Pompeiallday [link] [comments]
11-9-2019 Nexo money market data?You know how compound finance publishes data around their money market? Does nexo provide something similar? Eg Number of lenders Number of borrowers $ value of assets lent to money markets $ value of assets borrowed Listings of recent large deposits, loans, withdrawals? If these aren’t available, why not? Benefits to that transparency would seem Obvious. Thanks. submitted by /u/m..
11-6-2019 Nexo USDT lending increase comparisonAccording to the website on USDT lending statistic by Joska NEXO have granted loans totaling over 123 million since launch in May 2018. https://nexostatistics.com/ An interesting fact I want to point out is that in roughly the past 2 weeks NEXO have lent over 20 million USDT. That is around the same level as the entirety lent for 2018. So it took 8 months to do last year what nexo can do..
11-6-2019 How many Nexonians took part in it?submitted by /u/whynotmranderson [link] [comments]
11-5-2019 Will Nexo migrate to Multi-Colletarl DAI?when the Multicollateral MakerDao 2.0 will start, what will happen to Dai on nexo? will they be converted to the new Dai automatically? submitted by /u/gemeinsam [link] [comments]
11-5-2019 USD 8%Does Nexo plan on lowering the $50,000 minimum deposit requirement for the USD return? submitted by /u/ske1555 [link] [comments]
11-4-2019 where can i find the list of "200+ jurisdictions and 45+ currencies" , i cant seem to find it anywhereGetting Your Instant Nexo Loan in Three Easy Steps in 200+ jurisdictions and 45+ currencies from https://medium.com/nexo/getting-your-nexo-loan-in-three-easy-steps-f0d4bec5c7ea i scour the support pages, nope, could find the list. submitted by /u/hansip [link] [comments]
11-3-2019 How come you use Nexo instead of other lending platforms?I tried to communicate my question as unbiased as possible, because I'm genuinely curious of your choice, and also quite ignorant since I recently joined the DeFi space Recently I put my money into a stablecoin (DAI) because relying on volatility (ie. all other cryptocurrency) seems like speculating to me. I quite like the design of makerDAO, which I discovered by recommendations made here. Wi..
11-3-2019 Implement exchange functionality into Nexo?Will there be any plans to buy and sell BTC directly for EUR/USD? It will make life much easier to have everything at one place. I can then just send my EURS to NEXO and decide what to do with it. Receiving interest if I want, buying some BTC, take a loan, etc. Nexo has both the BTC and the fiat money...so? Or are there any legal issues for combining this all? Or is it killing their main business?..
11-2-2019 Nexo | World's First Instant Crypto Credit Lines | Co-Founder Antoni Trenchevsubmitted by /u/ZaadNek [link] [comments]
11-1-2019 Nexo TokenHi, I want to top up on Nexo Token but i'm a bit confused on the steps to top up... 1) If I have Etherium (erc20) coins can I send that to Nexo (erc20), will it be auto converted? 2) Should I purchase Nexo Token at an exchange and send those directly to Nexo Token??? if I do it this way how will I know if its (erc20) or (bep2) Thanks in advance. submitted by /u/MYBUMHURZ..
10-31-2019 Nexo withdrawal pending 1 day +Anyone has issue with a withdrawal longer then a day? submitted by /u/xxLGCxx [link] [comments]
10-30-2019 Best Crypto Exchange in Australia for Nexo TokensI'm looking to invest some of my savings into Nexo, but am stumped at which exchange to use. Obviously, I'm looking at what gives me the best exchange rate, lowest fees, easy usability and deposits, has a strong feature set and reliability. What's the best platform out there, or the one that everyone would recomend, & what about Bancor etc. submitted by /u/blackmagicr..
10-27-2019 Anyone know when our NEXO tokens will multiply x10?submitted by /u/DragoNateYT [link] [comments]
10-27-2019 I want to take a loan, but...I would like to take a loan to pay off some bills... But after reading many of the comments on this subreddit, I'm a little bit hesitant. Does anyone want to tell me their good experience of acquiring a loan with crypto collateral and paying it off with Nexo? I am also looking at Celsius, blockfi and maker dai. Thanks submitted by /u/_hazlo [link] [comments]
10-27-2019 Withdrawal email confirmationI have recently been testing the nexo platform and am wondering if anyone else is having trouble withdrawing funds. Im not getting any of the codes through my Email to confirm the transaction. Missed out on some of the recent parabolic moves and makes me question why I'd want to add any more funds with this service. submitted by /u/tampagrassfed [link] [comments]
10-25-2019 Nexo TRX WalletI cant seem to send my TRX (Tron) coins to the Nexo wallet submitted by /u/Circuit-Breaker88 [link] [comments]
10-25-2019 "securing cost-efficient institutional financing" / liq. programhi guys I am referring to the recent news (22.10.) where nexo lowered the interest rates to 5.9 % because they found a way to get the money for loans from institutional financing cheap. I was just wondering how this new circumstance will influence the "liquidity program" where they pay you 8 % at the moment for lending them money. I think with the new source of money they actually don&..
10-24-2019 Taking out a loan?Hi, Since they've lowered the APR, i'm wondering what's stopping people from taking a loan and earning an 8% interest on the 5.9% APR. That would be a 2.1% net interest. It's because i've been holding my crypto for a long time and they haven't been 'earning' me money. Wouldn't this be a smart thing to do instead of just leaving the crypto in a wallet? sub..
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