Nexo Crypto Review – Is It Legit?

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Nexo Crypto DEMO

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Nexo Crypto REVIEW

Summary

Nexo Crypto is a new breakthrough crypto favourable interest rates and collateral platform

Read 100% Free Nexo Crypto Review by Scamorno Team

Details

Platform Nexo Crypto
Website URL www.Nexo.io/Crypto
Trial Start Trial
Overall Score 9.3/10

FULL REVIEW OF Nexo Crypto

Are you interested in finding out more about the Nexo Crypto platform and are they really one fo the best blockchain platforms for cryptocurrency lending and borrowing today? Nexo Crypto is a platform that allows members to earn good interest rates on their cryptocurrencies. At the time of writing, members can earn as high as 0% on stablecoins like USDT, USDC, PAX, TUSD, DAI, HUSD, and 6% on BTC, BNB, ETH, XRP, LINK, BCH, LTC, TRX, PAXG, and XLM if they elect the “Earn in Kind” option. Earn-in-Kind basically means earning interest in whichever cryptocurrency that the deposits are made in.

NEXO APY when Earn in Kind option is selected
NEXO APY when Earn in Kind option is selected.

On top of these rates, if users choose to earn interest in Nexo’s native token, NEXO, these interests increase by 2% across all the cryptos.

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Nexo Doubles Earn on Crypto Interest Rates | Financial Post

What Can You Expect To Learn From Nexo Crypto Platform?

  • Fast sign-up process that only requires answering a simple questionnaire and then confirming the account to start lending and borrowing. Signing up usually just takes a couple of minutes for new users.
  • Simple and intuitive user interface makes it easy to see all your holdings and credit right on the main screen
  • Great security of account along with 2 -Factor Authentication for maximum protection
  • Automatically calculates interests every day and deposits directly into all users’ accounts, making the process of earning interest on crypto as hands-free and easy as possible
  • Is the only platform that distributes interests daily, allowing users to see the effects of compounding much more quickly compared to other cryptocurrency interest accounts
  • Keeps users up-to-date with the latest regarding their holdings and credit with in-app notifications
  • Functions solely as a savings account which cannot be used to top-up cryptocurrency with. This means that users will need a brokerage account open and funded with another exchange before you can add tokens or coins to your Nexo wallet (with the exception of the Nexo token)
  • Enables users to earn interests on their cryptos without having to sell them
  • and much more!

Is The Nexo Crypto Platform Right For You?

Having used Nexo Crypto platform for more than a year till date, we have found it to be one of the best when it comes to borrowing funds, topping up and buying crypto with. The team is always clear and transparent when informing users about their plans and how their fund are being stored and used, and there has never been any negative surprises or experiences that we have had to deal with, unlike some other platforms and exchanges in the crypto world.

All in all, Nexo Crypto offers a great selection of the most reputable tokens of the best crypto projects and provides a platform for safely holding and earning yield on the assets. Gone are the days of leaving dead money in the bank and earning no interests, or having to chase high-yield Ponzi-like investment schemes just to earn a respectable interest on assets.

Review Verdict: Nexo Crypto is a legitimate platform that works

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Nexo - Unlock the Power of Your Crypto

Consumer Fraud Alert Regarding Nexo Crypto

The success of Nexo Crypto has given rise to many frauds who try to sell their own fake platforms in its name. This is a big issue as many customers have lost their money in buying from such fake sites. It is advised that customers should be really careful when they are purchasing and should do some research before they buy from any website. To spot these, watch out and avoid sites that claim to write about Nexo Crypto, yet the write-up is completely garbage and unreadable as they are created by software and spammed all over the internet. It is always better to avoid buying from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy from the site from the official website here – http://Nexo.io/CryptoOfficial (link opens in a new window). The official website that they have includes the legitimate platform.

Conclusion about Nexo Crypto

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In summary,  Nexo Crypto platform is a reputable and legitimate platform offering crypto-backed loans and interest-earning accounts for cryptocurrency holders. Therefore, if you too would like to start using one of the most secure and high-yielding crypto wallets In the world right now, then we highly recommend you to learn more about Nexo Crypto at the button link below!

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Nexo Crypto Preview: (to pause video, simply tap/click on it)

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