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Nexo

Nexo

Visit
favicon Nexo nexo.io
4/5
Status
Legit
Presentation
Nexo Wallet is a platform for instant crypto loans that has the benefit of providing over 45+ FIAT currencies and operating in over 200 jurisdictions. The idea behind Nexo Wallet is that users can use any cryptocurrency that they own as collateral to receive FIAT funds without the need to sell any of the cryptocurrency that they own.

How does it work?
Users of Nexo Wallet are required to lock up their cryptocurrencies as collateral in exchange for the FIAT currency of their choice. Once this is done, the cash is sent directly to either the user's bank account or added to a prepaid credit card. As with cryptocurrencies, due to the volatility of it, the limit on the prepaid credit card will adjust if there are any changes to the market value of the cryptocurrency you had. Additionally, if you want the cash sent directly to your bank account, there will be a small delay.

At the current moment, users can choose to loan between $500 and $2,000,000 although the platform is looking at bringing the minimum loan amount to an even lower value.

Once it is time for you to repay your loan, you can do so by choosing to pay with either cryptocurrency, FIAT currency or even Nexo token which gives you a couple of options and the freedom to choose. This is great as some competitors only allow repayments with FIAT currency.

Is it worth my time?
Nexo is a great platform that can work perfectly for you if you have cryptocurrency and need FIAT currency as a loan. The guaranteed approval and no hidden fees aspect of Nexo makes it a great option for loans.

Furthermore, Nexo Wallet has a core team of 14 members working behind the scenes, many of whom have previously held extremely high-level positions at various locations. Many have held positions at Credissimo, a company that is also famous for offering instant online loans and other financial services. One of the co-founders of Nexo, Antoni Trenchev, was also previously a member of Parliament at the National Assembly of the Republic of Bulgaria, so it's easy to see that this is a legitimate and trustworthy platform.

Pros & Cons
You can repay your loan using cryptocurrency, FIAT currency or the Nexo token.
Instant access to cash without the need to sell any of your cryptocurrency.
No minimum repayments required.
Specs
Supported coinsBNB, BTC, BCH, LINK, DAI, EOS, ETH, LTC, NEXO, PAXG, PAX, XRP, XLM, USDT, TRX, TUSD, USDC
Anonymity High Anonimity
Who controle your private keys ? You control your private keys
Payment solutionsCryptocurrency Wallet
Languageenglish
Monitored since1007 days
Payments reported on NBR   1 488,91 $
Accepted countries All
Evolution rules of status
Six in number, the statutes reflect the trust we place in the payment reliability of a rewarding site. This rating depends on the payment testimonials reported on by the members as well as the informed opinions of the administrators and moderators.

legit Some payment testimonials from many members
promising Some payment testimonials from some members
new Default status
doubtful Doubt on the payment reliability
scam Not paying or not paying soon
closed Inactive or missing site

Know more

  • Actual rating of Nexo
    Legit
Reason to the status currently assigned by netbusinessrating since the 02/11/2022 at 7:25 PM
Paying
Users Advice
4
11 Opinions on 14 comments
5
4
3
2
1
N/A
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avatar
JayDoris249
Followings
2
Followers
0
5 days
LOST CRYPTOS CAN BE RECOVERED

Hello everyone digital trading ( Forex, Crypto and Option ) according to statistic is the best way to earn money working from home. But scammers have made it impossible for anyone to benefit from trading, A lot of people have been scammed and have lost their life savings to scammers. I was once a victim of digital trade fraud, but i was able to recover back my lost funds through the help of MorrisGray830 at gmail com and He also taught me the trick behind trading and also the best strategy to enter the market and when to exist the market. He is offering free tutorial on how to become a successful trader and also how to reclaim your lost funds….
avatar
elysedugi67
Followings
381
Followers
14
1 month
I want to use this medium to appreciate Maria Renee for the wonderful job she did on my trading account, I only invested $500 and made an incredible return of $6,500 in just five days of trades. I never thought it would be so easy as a newbie and withdrawal of my profit was easy and quick without any hidden fees, I really appreciate it ma'am. If you are interested in Stock / Forex trading and need an expert help contact her through her social media account details below.
WhatsApp: +17326309483
avatar
Chandra0146
Followings
5
Followers
3
2 months
I was ripped off by a binary option online website in October . I lost about $66,000 to them and they denied all my withdrawal request, and gave me all sort of filth request. It was a really hard time for me because that was all I had and they tricked me into investing the money with a guarantee that I will make profit from the investment. They took all my money and I didn't hear from them anymore. I was able to recover all the money I lost just last week with the help of Ramsaymacdonald @ consultant.com /whatsApp +1870 337 7781 for more guidelines....
avatar
flanmustelafu
Followings
10
Followers
6
2 months
Trading is a good thing. i lost a lot before I got to where I am today. if you need assistance on how to trade and recover the money you have lost from scam broker email (Aaron Gabriel) to get his new amazing strategy, If you are having problems withdrawing your fund from your trading broker even when you were given a bonus, just contact him, he has worked with a Cryptocurrency broker for 6years, he has helped a lot of people. contact him via; Aarongabriel310@gmail. com you can also message him on Whats-app +1 (314) 649-8612.
avatar
Alicerover12345
Followings
4
Followers
25
6 months
Making above $7000 from the Bitcoin market requires expertise and experience, Mrs Maria Renee is a certified expert and highly trusted when it comes to your trades. She’s got a income setup which is very perfect for trading that can be used to make money online, Withdrawals is placed and gotten within a couple of minutes,trade with Mrs Maria Renee for the best trading results.reach her via WhatsApp+17326309483
avatar
Nobleandy14
Followings
5
Followers
21
6 months
Despite all the loses I had trading on my own , Mrs Maria Renee still did her best to generate good profits for me through my investment with her, she's an expert trader and indeed a genuine one
My withdrawals of $16,220 USD was gotten
Contact her for expert account management
What'sApp +1 732-630-9483
avatar
Farah0089
Followings
320
Followers
32
7 months
I'm so proud to say am among the people benefiting from Bitcoin Trading ,I just got another $8,500 from an investment of $720 all thanks to Maria Renee.
WhatsApp: +1 732-630-9483
avatar
Sophia34
Followings
256
Followers
32
8 months
I feel very safe again to invest my Bitcoin for I have found a platform that i can trust for the first time in a while. Severally trading with fake platform, I feel so happy and felt i must recommend and share my success story with Maria Renee the best account manager. As I earn at the comfort of my home of $12,500 at the period of 6days of Mining and trading in my wallet. investing crypto/forex and Bitcoin and these platform has really changed my family status, I truly recommend her to trade for each and every one who have plan to invest in their self and future to earn good profit.... If you are interested reach her and you will testify like others because as for me, I will invest with her forever. You can reach her. WhatsApp +1(732)630-9483
avatar
lucky31
Followings
111
Followers
3222
11 months
I love Nexo, part of my assets have been there for 1 year already. I updated the sheet, because a novelty up to 20% APY on a stablecoin. As indicated, if you eliminate the risk factor, at least it is 14% per year on the asset: UST, Terra USD. And if, like me, you have 10% or more of your portfolio in Nexo token, you earn 20% APY on UST. In short, why do I like Nexo? It's so simple. You can buy crypto with your credit card, the fees are low, the exchanges are free of charge and you earn a small cashback of 0.5%. But what's the best is to have an optimized and clear application. We buy, we stake and we see our counter grow day by day. We also have some small news, it's a set that makes me like Nexo.
avatar
lucky31
Followings
111
Followers
3222
11 months
Nexo turns to legit status.

Reason : Paying
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