Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
by
Cy2
on 22/12/2020, 16:41:46 UTC
In-app exchange and card live in beta...that bull has found his rodeo!
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BoardAnnouncements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
by
Cy2
on 16/12/2020, 21:55:23 UTC
Unfortunately, we have not been as active as we would like to be, but rest assured that we will do our best to change this! In the meantime, updates are available on a few other platforms (besides Telegram) that we are active on: Twitter, Reddit, Blog [/quote]
Nice to see an insider here. Welcome! First the Nexo token buyback and now the card!! Beauty!
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BoardAnnouncements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
NEXO is a shit coin. Pays dividends in shitcoin NEXO - cant even sell as there are no buy orders. Its better to hold BTC on crypto.com and get 8% interest paid weekly. So its 8% on BTC guaranteed over holding shitcoin, that drops in satoshies and pays in NEXO shitcoin that you cant even sell.
I got paid in BTC. What other token even pays a dividend?
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BoardAnnouncements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
I think the issue here is the fact that they havent communicated well with investors and users and most of their futures are yet to be initiated Personally for me i will like to know if dividend is getting issued because i didnt see that there or the site and I hope you update your roadmap to go in line with your planned work that will atleast put investors faith back
I see a company moving forward with caution and confidence to avoid the missteps of others. Adapting to the changing face of regulation and investor relations while balancing customer experience with network security and rewards! But making everyone happy all at once would be magic.
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BoardAnnouncements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
Is it correct that Nexo will not allow their own token to be used as collateral for crypto-backed loans?
Not true. However, LTV has retreated to about 15% and NEXO token can only be used to repay interest. At least here to date in the USA.
that means if nexo token still can't be used as collateral and i think it's not the same as collateral. It just like utility usage of token itself in the platform. Just curious, do i need to give collateral before i can request the loan? how it works. im interesting on it.
Yes, if you stake BTC or ETH LTV is 50% or better, TUSD & USDT even better LTV is 90% and up.
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BoardAnnouncements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
Owed to their sig campaign, I learned about this great project. Not just because I'm wearing one, but looking at their track record, is already commendable.
Very few companies can show this kind of figure. And they decided to run their campaign after achieving this in the lending industry. Now, this is a real company running via blockchain technology!
Looks good and quite impressive. However, I will stay watching it for a while because there are so many, many scam lending projects/ teams. Hope that eventually NEXO will become great.
yes, because of signature I found out about Nexo. Is anyone here active from Nexo team? Or they mostly use Telegram? Can someone post here links to Terms of use Nexo payments card?
Cards have not been issued yet, but I assume the terms will be the same as those shown here: https://nexo.io/loan-terms
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Re: [ANN] | PARAGON | Revolutionizing the Cannabis Industry |
Is Nexo a scam? Paying US holders a dividend in BTC and the rest of the world a dividend with Nexo useless tokens?
Are any other tokens paying a dividend right now, or even showing a profitable use case? Please show us your list.
That's not my question. I will ask again: Is Nexo paying US investors dividends in BTC because they fear the SEC and pay the rest of the people in the world in worthless Nexo tokens because they don't care about them as no institutions is protecting them as the SEC does with US citizens?
Is Nexo a scam? Paying US holders a dividend in BTC and the rest of the world a dividend with Nexo useless tokens?
Are any other tokens paying a dividend right now, or even showing a profitable use case? Please show us your list.
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BoardAnnouncements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
by
Cy2
on 07/12/2018, 20:01:06 UTC
I love Nexo and the service is constantly improving, but all their wonderful tech didn't prevent my buying crypto with borrowed funds at the wrong time. Ouch, my loan balance doesn't follow the downtrend like my collateral balances.
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BoardAnnouncements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
The volume will increase but its just a cycle. The NEXO Oracle will be selling into the buyers who will be paying off and the cycle repeats. It will help with liquidity but will not be a benefit for us holders. We benefit when more people join us in holding NEXO on the platform and not trading. Otherwise there are a billion NEXO that will be floating around in 4 years.
Volume is one of the most important factors which have dramatic impacts on price movements (both upwards and downwards). Increased volume implies so many things which happened behind the scene.
Current volume (5M+) hasn't been seen since June. I'll take it as a good sign.
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BoardAnnouncements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans
Great to see you here, you will learn alot. Welcome to Nexo
Thanks, Bro...actually I've been here since the beginning of this thread and I have learned a lot. loyalty is a discipline, a means to an end. not an end in itself.
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BoardAnnouncements (Altcoins)
Re: [ANN] Nexo - The World's First Instant Crypto-backed Loans