Nexo (NEXO)

What is Nexo Crypto Currency? Nexo is a cryptocurrency project focused on creating a global financial platform. It is a decentralized finance (DeFi) platform that offers a variety of services related to tokenized assets, digital banking, borderless payments, and smart contracts. The company was founded in 2017 by Credissimo, a global financial services provider since 2007. Nexo has developed the world's first Instant Crypto Credit Lines™ powered by its NEXO Token, which enable users to borrow against their crypto assets for short-term liquidity with tax-efficient interest rates. Who Founded It? Nexo was founded by Credissimo, a global financial services provider since 2007. Credissimo has strong expertise in the payments and lending space, which enables them to provide a feature-rich platform to their customers. What Makes It Unique? Nexo stands out from other DeFi platforms in its ability to offer a variety of services to its users. It has developed the world's first Instant Crypto Credit Lines™, which enable users to borrow against their crypto assets for short-term liquidity with tax-efficient interest rates. Nexo also provides its users with the ability to earn up to 12% APY with its Nexo Earn program and up to 8.6% APY on stablecoins and cryptocurrencies with its Nexo Stake program. In addition, Nexo’s custodial solution allows users to store their crypto assets securely, with military-grade encryption and state-of-the-art institutions. Where Does It Used? Nexo is used by many individuals and businesses looking to access liquidity without needing to sell their crypto holdings or to earn passive income on their idle crypto assets. Its platform allows users to securely store their crypto assets and easily borrow against them in a regulated environment. It also provides users with a variety of financial services, including digital banking and payments, which enable them to access global markets. Where To Buy/Sell It? Nexo can be bought and sold on a wide range of crypto exchanges, including Binance, Kraken, Bitstamp, and OKEx. It is also available for purchase directly from the Nexo platform, which allows users to purchase the token with various methods such as credit/debit cards, wire transfers, and Apple/Google Pay.