Nexo Review (2021): Pros, Cons and How It Compares

Are you looking for an alternative to traditional banking in the realm of crypto? Do you prefer favorable interest rates and guaranteed loans based on crypto collateral?

This is a companion discussion topic for the original entry at

Everything I need to know :100:

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Mainly because the majority of the population do not trust crypto. The tech is in its infancy. Once the masses start piling in, you will see this interest rate lower for sure…

I don’t understand how Nexo don’t do credit checks. Can you explain this to me?

Is it worth buying the Nexo tokens? Is it beneficial enough?

Has Nexo ever had any security breaches we need to know about?

Yes, but you don’t need to know about it.

You don’t repay? They keep your crypto.

nexo not paying interest for 3 days now. no support. online bot

As you deposit your crypto as collateral, that itself acts as your credit check.

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