Dear Uptrennd community, I would like to present to you a project I recently came across. The project is called Nexo. Nexo is a crypto lending provider with an operating region of more than 200 countries. I recently made an account there, and I want to share that I am surprised how smooth and user-friendly is the platform. Users can deposit one of the most popular cryptocurrencies such as Bitcoin, Litecoin, Ethereum, XRP, Stellar, Tron, and BNB and receive a credit line immediately. There is an integrated calculator in which every user could calculate what credit is possible for a specific crypto asset. For example, if you have 1000$ in Nexo tokens and want a crypto loan, you get instant 142$. You can choose the type of crypto your loan will be received. Another great benefit is you can earn interest on stable coins - USDT, TUSD, DAI, PAX with 8% per year.
There are many other features which are about to be integrated and fully working soon.
Share your thoughts in the comments about the Nexo token, platform, and do you use it.
Disclaimer: I do hold NEXO tokens because I believe in the project. I DO NOT have any legal or financial relations with the Nexo company.
NEXO - Crypto-backed Loans
The World's First Instant Crypto-backed Loans.