Get Instant Crypto Overdrafts at the Click of a Button with Nexo

in #blockchain6 years ago (edited)

If you’ve been selling your crypto assets for cash when you’re stranded, then you need to pay attention to this article.

It’s now possible to keep your crypto assets and get immediate access to money to meet your needs at the click of a button with Nexo.

Nexo Logo.JPG

The process is relatively simple and fast. Just fund your account with your preferred cryptocurrency, specify your overdraft amount, and get credited immediately in your bank account.

You are not selling your crypto assets to Nexo but only using it to credit your Nexo account so that you can have access to fiat currency to meet your immediate needs for a short time. Just think of Nexo as an extension of your hot wallets which gives you access to fiat currency that corresponds to your portfolio value as loan for a period of time.

With Nexo, you eliminate the risks associated with selling your crypto assets for fiat currency on exchange platforms. You also eliminate the risks of losing out on the upside potential of your crypto assets.

Check out this video I made for Nexo:

Getting access to cash with Nexo is simple. No credit checks. No hidden fees. Your loan approval is guaranteed.

The cool part is that when you pay back your loan, you get to keep all your crypto profits even if your portfolio has increased by 1000 percent in value. You get to keep it all. No hidden fees and the repayment options are flexible. You can choose either bank transfers, fiat, cryptocurrency or even use Nexo tokens.

The Nexo tokens can be used for discounted overdraft repayments, reduction in interests, and an increase in the overdraft limit.

Transparency is guaranteed through the use of blockchain technology, smart contracts and algorithmic processes executed by the Nexo Oracle. Source

Nexo Overview.JPG

Here’s a quick overview of the overdraft process:

Open Nexo website. Click on “New Overdraft”. Add crypto assets (Bitcoin, Ethereum, Nexo tokens or Altcoins & ERC 20 tokens). Add overdraft amount. Select duration. Get your cash instantly in either USD or Euro. It’s as simple as that. No unnecessary complications.

With this simple solution, you can now enjoy the true value of your digital assets without selling them. You enjoy the best of both worlds. You retain 100 percent ownership of your crypto assets and you also have access to instant cash when you need it.

Nexo is powered by Credissimo, a leading FinTech Group serving millions of people across Europe for over 10 years. Credissimo has always operated under the highest regulatory requirements and strictest supervision by multiple European Banking and Financial Services Regulators. Source

Nexo Credissimo.JPG

For more information about Nexo, use the following links:

Nexo Website | Nexo WhitePaper | Nexo YouTube | Nexo Medium| Nexo Facebook | Nexo Twitter | Nexo Telegram

This article is a response to @originalworks sponsored contest

nexo2018

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