Nexo Overdraft the way to enjoy your Crypto wealth Today Yet Preserve it for the future

in #nexo7 years ago

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Do you hold some crypto for the future? If your answer is yes then my question to you is why wait for the future to reap the benefits of your cryptocurrencies.
It is a known fact that the price of a Bitcoin is projected to cross $1000,00 by the year 2022
So if a person were to buy 1 BTC today at $9000 and let it sit in the wallet then by the year 2022 there is a fair possibility that it would reach a value of $1000,00. Cool investment right.
However $9000 to hold and forget is not an easy thing to do for everyone.

Think what all you could do with $9000- An exotic holiday, buy a new car or renovate your home or maybe this money may come in handy in case there is some family emergency or medical need.
However selling you prized bitcoin or crypto is not the best option for a number of reasons such as
-The price may not be conducive
-You would not get the money immediately

  • It would involve tax liability and various exchange fees
    -Once sold you no longet gain from any upside that your preferred cryptocurrency may experience. So If you sold your BTC at $9500 you would not benefit from the price gain when the price goes up to $10500

So what is the option?

The option is Nexo

Nexo is the first crypto over draft provider.

So when you need to encash your crypto urgently do not sell it just take a Nexo over draft.
This is how the over draft facility works

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Nexo is run by Credissimo, a financial technology company started in 2007. It has over 130 employees and has processed over 100000 loan applications.

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Credissimo is supervised by multiple European Banking and Financial Services Regulators .

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It has won various awards from Forbes and Earnst & Young
It also got featured in the top 10 Alternative Finance at the European FinTech Awards 2017

The Nexo Token


The Nexo tokens are designed to adhere to various regulatory standards and Nexo has filed with US Sec for getting the necessary permissions and clearances to ensure the compliances.

The Nexo tokens can be seen as the opportunity of earning and saving.
Investors who own these tokens will get 30% dividend from business profits of the company
Store the tokens in the Nexo wallet and you get discounted interest and enhanced overdraft limit.
Tokes can also be used to make discounted overdraft repayments back to Nexo

The Nexo Credit Card

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First it is a free credit card. Use it to shop anywhere a credit card is accepted. Another advantage is that it can be use as the mode of getting and spending the overdraft funds.

The Nexo Oracle


Behind the Nexo overdraft facilities Nexo Oracle that is a software system that manages overdrafts, paymets back to the system and various other components of the system

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Nexo Token Sale

The Pre sale was over subscribed 5 times and the white list inquiries indicate 11 times over subscription.
Due to a lot of institutional support generated by the project there would not be any Public token sale

At the current stage of development the Nexo project has received requests of over $500 milion for Instant crypto overdrafts
A post without Nexo would be incomplete without mentioning the People behind Nexo

So here are the The Nexo Management Team Advisors
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Nexo managing partners

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More Information & Resources:

Nexo Website
Nexo WhitePaper
Nexo YouTube
Nexo Medium
Nexo Facebook
Nexo Twitter
Nexo Telegram
https://steemit.com/cryptocurrency/@originalworks/280-steem-40-bonuses-sponsored-writing-contest-nexo
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