I have been using them for almost 2 years and since they're the only platform that has not stolen my funds, I'm happy 
My guess is they're going to continue operating for at least few more years.
My guess is they're going to continue operating for at least few more years.After the collapse of Celsius, it's not always worth losing your assets over those cents and dollars.
Everything is risky when it comes about the money. You need to be able to check the legitimacy of the project along with it's business model. So if you find that someone offers a large APY on stablecoins and the company hires a former porn actress to the team to attract new investors then this is a red flag.
Cmon, Celsius had lots of red flags even before it collapsed.
Considering the real-time audit, Nexo got completely different business model from what took place in Celsius, where they had a clear Ponzi scheme.
There is no different business model!
Celsius didn't go ponzi, they simply overlend money and a liquidity crash took them down s they had money in all the wrong places.
Nexo is, for now, it just playing it safer, acting more like a traditional bank but this doesn't mean that's safe and doesn't mean that it will guarantee any kind of profits whatsoever.
Celsius have a bright range of accusations including pumping their CEL token using their own customer deposits. This is far beyond overlanding the money and pretty close to ponzi scheme.
Quote
“We charged Nexo with failing to register its retail crypto lending product before offering it to the public, bypassing essential disclosure requirements designed to protect investors,” said SEC Chair Gary Gensler. “Compliance with our time-tested public policies isn’t a choice. Where crypto companies do not comply, we will continue to follow the facts and the law to hold them accountable. In this case, among other actions, Nexo is ceasing its unregistered lending product as to all U.S. investors.”
You were saying....
Coinbase also was charged by SEC. Does it mean the exchange is scam?