Nexo Review: Complete Guide to Crypto Loans

You didn’t cover how difficult it is to get Nexo tokens. Needed to get those lower loan interest rates.

👍🏻👍🏻

I surrender.. I will never understand Crypto .. I mean I get it but the same time it makes no sense to me

XYO

Never make a bloofy video over 10 mins wtf

Always the best info on the net

Thank Guy, great video; question, if I lend some money from NEXO to buy a house, is it possible that the platform send the money to the owner account, meaning not my account (nexo client).

Fellow and subscribe

Monthy Python guide of crypto... Shall we?!

Tyvvm for video. That great

Can you please do a review on lending comparison between Kucoin and Nexo

High quality education! Excellent delivery. Thanks 🙏🏽😊

Hello @coin bureau..do u advertise or shill coins??

I would say Nexo customer service sucks, I have lost my 100 DOTs and have not heard anything back yet from their crappy email support. Good luck with Nexo!

I like that Nexo automatically releases your excess collateral when the price goes up and increases your credit limit, but I ended up switching to Celsius because the lower interest rates saves me 3%, which is quite substantial when dealing in thousands of dollars.

This is the only channel you need to watch regularly! Guy is extremely knowledgeable and and can be trusted.

Do you know much about LTV

Hi there ~ Just wondering. Can you get a loan against the crypto you own (and never sell) and have it pay out to a "Stocks & Shares ISA"? thus making it a Tax Free to which you can then withdraw and use it

I am very satisfied with Nexo and also holding their token is quite attractive to me due to dividends and increased interest rates.

Excellent video.
I only had one doubt. The capital that I leave collateralized (as guarantee) continues to generate interest in favor (passive income)?

I am thinking of requesting a loan in USDC leaving my DAI as collateral, but I am interested in knowing if both are going to generate liabilities.

Thank you.

Just become a member of the Tribe!

Just took out a loan against my Cardano. Didnt even need to upload any id, fast withdrawal. The only downside is the amount of credit given by your collateral is a bit low.

I like Nexo's UX/UI (quite decent and easy to use) and live chat customer support (even on Sunday afternoon they're quick to reply). Their rates are pretty decent too.

On the downside, they're quite misleading regarding the interest rate. For each coin you can see a message like "earn up to x%" with fixed term leding, for example. And only after you commit your coins, you see the message that the "up to 15%" is actually "up to 11%". It was max 15 for a platinum user, but you're a basic user 😄Of course, this type of misleading claims are intentional and the platform could easily show you the max interest rate for your particular case. So, yeah, that's something I found quite dodgy / shady in their message to customers 👀

Guy - any updates on your opinion of NEXO? Just saw a video warning users of Nexo’s behind the scenes practices, shady connections of one of their founders, etc. I’m considering using their platform but that video made me hesitate. Thoughts? I’ll post the video here in the comments if you want to check it out. Thanks for any thoughts!

Tnk you brother

Very informative! Thank you

You called that a "complete guide"? The information you get from the video is less that you can get from 30sec advertising commercial. But the benefit from the commercial is that you don't have to watch that guy who is annoying as hell

That would be good to talk about the loan agreement process that is an anti money laundering necessity

Love your vids Guy, they are super helpful! J'adore your sense of humour too! Thank you thank you thank you!

Love how in Yr advice vid u say watch who's listening that ur into crypto as u never know, then in another vid ur wearing a CRYPTO KING t shirt 😄

Thank you for your video. CB

How do y pay back the loan on nexo?

It is now 4/20/22 and I can confirm a card has been released.

I am sticking purely to lending my crypto first. Borrowing comes later.

Hello guy hope you're well I used your link to register for Celsius account but it says that Celsius is not available in your location any chance you can help me with this please thanks.

good video

A revised video on this with their conceptual business model analysis, security risks.

this really really needs an update, especially to whats going on the crypto lending industry.

Time for an update on the investigation going on in Bulgaria

Nexo is a scam. Nexo blames its unnamed "banking partner" for losing my money when borrowing against my own digital assets. It's been two weeks and my money hasn't transferred and they said they cannot do anything about it. Do not trust Nexo, no liability, no responsibility, no accountability!

i'll get on the phone to BlockFi right away! ;)

Nexo still going strong 💪

How booster working at NEXO , for how long is credit?

Guy is it Usable?

Can you do a Nexo update

Do you have updates about Nexo in 2024? Do you still recommend the platform?

Is Nexo still good in 2024?

Is there an update on Nexo? Will be the next celsius?? 12% APY is crazy!

Thanks for the analysis! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?