NEXO employs an advanced distribution methodology to reward long-term investors for their confidence in the company.
Nexo token verification#
However, you need to meet two conditions – you should have completed the KYC verification process and you should hold your tokens in the NEXO wallet. NEXO dividends are rolled out to all holders, no matter the number of tokens you hold or how long you have been holding them. If you are signing up for Changelly only for NEXO tokens, it is recommended that you consider buying directly from a supported exchange. However, take note that Changelly charges high fees on such transactions. By using a Changelly credit card to obtain NEXO tokens as rewards.This is primarily for large purchases exceeding $100,000. The coin is currently listed on several popular platforms, including Huobi Global. By buying the token from a cryptocurrency exchange.If you believe in the prospect of NEXO, there are three ways for you to get your hands on NEXO tokens: Additionally, you can also make up to three crypto withdrawals per month.NEXO tokens also allow you to receive a higher rate of interest of up to 25% on your idle digital assets.Saving your NEXO tokens can get you a 50% discount on the interest you pay on crypto loans,.As of now, over $9.5 million has already been distributed over the past three years. 30% of NEXO’s profit is sent out as dividends to NEXO token holders.Here is a quick look at the benefits of holding a quantity of NEXO tokens: The main attraction of NEXO is that it allows token holders to receive discounts on the platform and also gives you the ability to more interest on fiat and cryptocurrency deposits. The NEXO token is deemed the world’s first compliant and asset-backed digital currency that also gives you access to dividends. One of the most popular endeavors of Nexo is its native ERC20 utility token. To further expand the utility of your crypto-assets, Nexo has also introduced a Nexo Card that you can use to spend your digital coins without having to sell them. You can earn up to 10% interest annually and withdraw your capital at any time at zero fees. Nexo also allows you to earn daily compounding interest on your crypto or even fiat currency. You can borrow as little as $10 and up to $2 million, depending on your collateral amount. On Nexo, by collateralizing your current crypto holdings, your loan will be instantly approved, and the money will be deposited directly to your bank account. What makes Nexo different from other lending platforms is that you don’t have to go through any credit scrutiny or mention the purpose of the loan in order to obtain approval. It has already processed over $5 billion in crypto loans for over 1 million users in 200+ jurisdictions. Launched in 2018 by Credissimo, Nexo is one of the world’s first crypto credit providers.
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