Nexo (NEXO)

€ 1,30

1,57 % € 0,02

Nexo Price in Euros

(NEXO to EUR)

€ 1,30

Nexo Volume

(24h)

€ 11.06 M

Market Cap

(Nexo)

€728 M
BTC

What is Nexo

Nexo is a platform where you can find loans. It is possible to use this platform as a lender or borrower. When you want to borrow crypto on Nexo's platform, you will need to put up collateral. This is only possible in the form of cryptocurrencies such as Ripple, Bitcoin, or Ethereum. In this way, you demonstrate that you are creditworthy and can repay the borrowed amount.

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How does Nexo work?

Nexo is a crypto project that is primarily used as a platform for fiat loans. In addition, Nexo has issued a number of other interesting products.

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How to buy Nexo?

Do you want to buy the NEXO crypto? The best place to do that is at Coinmerce. Here you can buy NEXO from the Netherlands or Belgium with iDEAL, credit card, MyBank, Giropay, or SEPA Bancontact. For the use of these payment methods, you don't pay any additional deposit fees.

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How to buy Nexo?

Do you want to buy the NEXO crypto? The best place to do that is at Coinmerce. Here you can buy NEXO from the Netherlands or Belgium with iDEAL, credit card, MyBank, Giropay, or SEPA Bancontact. For the use of these payment methods, you don't pay any additional deposit fees. Instead, you only pay low transaction fees. Fees are charged by the blockchain for sending NEXO to other wallets. Coinmerce has no influence on the amount of these fees. Don't have an account at Coinmerce yet? You can create one here!This is because you need a verified account before you can buy NEXO.

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About Nexo

Nexo is a platform where you can find loans. It is possible to use this platform as a lender or borrower. When you want to borrow crypto on Nexo's platform, you will need to put up collateral. This is only possible in the form of cryptocurrencies such as Ripple, Bitcoin, or Ethereum. In this way, you demonstrate that you are creditworthy and can repay the borrowed amount.

Because the blockchain is a peer-to-peer technology, there are no central authorities that can check the creditworthiness of users. Therefore, it is necessary to put up collateral. This is how you demonstrate your reliability.

Nexo has also issued its own credit card, which you can use to pay in stores. Before you can use this payment card, you will need to put in crypto as collateral.

This project runs on the blockchain of Ethereum. This makes you partly dependent on the transaction fees and processing times associated with this platform.

device_hub
Rank 66
euro
Market Cap 728 M
euro
Trading volume 11.06 M
euro
Maximum coins 1000 M
euro
Circulating 560 M