Nexo Platform

Someone commented on my last post and told me about a platform called Nexo. I'm impressed after checking it out, the website and company remind me of BlockFi. Nexo is a company headquartered out of London, England that licensed and regulated in 200 countries around the world. Amazingly enough the interest that is paid out on digital assets is also higher than those on BlockFi. Paying out 8% on bitcoin interest accounts, Nexo's platform offers 2% more than its competitor, BlockFi.

Another feature that Nexo offers is a credit card that pays 2% cash back on purchases, in bitcoin. I thought I was early in line over at BlockFi, but apparently not. This is something I just have to have, earning bitcoin from everyday purchases is a game changer. Some other unique features of Nexo are daily payouts on interest accounts, lower credit lines available that use crypto as collateral, and financial insurance on digital assets.

If anyone has input on Nexo, please share it in the comments below. I'd like to find out more about this platform as I intend to open an account and begin claiming 8% on my bitcoin.

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