NEXO Instant Crypto Overdraft = Purchasing Power

Do you have monetary value locked up in crypto currencies? Would you like to get access to spend some of that money? Wouldn't it be great to get access to those funds without selling your crypto? That is the problem. The value of the tokens is locked up. Everyday tokens on the crypto markets are traded with heavy volatility yet that value remains idle to the investor.

Ok, it doesn't have to stay idle. It could be sold to get access to the funds. The sale takes time to get to the money. There are fees. Then there is the tax to be paid. All are problems that the NEXO token and overdraft wallet solve.

NEXO - A way to fund purchases using your crypto currency without selling the assets

• Keep your crypto currencies in the overdraft wallet
• Gain access to purchasing up to the value of the tokens in the wallet with the use of a credit card

How is it done

• A credit card is used to make purchases
• Repayment is flexible
• No minimum is required as long as the value of the assets is greater than the overdraft
• Use fiat or crypto currency to repay
• Smart contract is used to set the terms

Want a discount on the overdraft repayment

• NEXO tokens loaded to the overdraft wallet receive discount when used for repayment
• Plus this token has potential to rise in value

Company announced plans are in motion to expand trading in US markets

• We are already in negotiations with several notable exchanges, including one which will be the first US-regulated exchange for security tokens. We expect the NEXO Tokens to be listed shortly after the Main Token Event. There are already several Non-US exchanges which are trading security tokens as well.

• Please note we are aware of several big exchanges which are applying to be an ATS (https://en.wikipedia.org/wiki/Alternative_trading_system) or are acquiring ATS exchanges, so they can start trading security tokens because they also believe that security tokens are the future.

• Security token exchanges are regulated exchanges which bring more transparency, fewer manipulations and will draw more institutional investors to the crypto assets space.
  NEXO Community News & Announcement - Telegram - February 26, 2018

https://steemit.com/cryptocurrency/@originalworks/280-steem-40-bonuses-sponsored-writing-contest-nexo

Disclaimer: This article is written as a contest entry hosted by @OriginalWorks. I do not offer any sort of investment advice. This is a writing contest.

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