Nexo (NEXO)

Cryptocurrency backed loans

#100

Marketcap Ranking

0.171240 (3.54%) arrow_drop_up

Market Price (24h change)

95,894,189

Total Market Cap

2.2

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info_outline What is Nexo

2.3

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Nexo Short Description

Nexo delivers the World’s First Instant Crypto-backed Loans, thus resolving a crucial inefficiency for the crypto world. Up to this very moment, no alternatives existed for digital asset owners to enjoy their crypto wealth except selling them. The innovative model of Nexo brings to the crypto community the best of both worlds - retaining 100% ownership of their digital assets while having immediate access to cash.

The Instant Cryptobacked Loans are an automatic, flexible and cost-efficient way of obtaining liquidity that is secured by the value of the client’s digital assets. The whole process is completed in just a few simple clicks. No hidden fees, no capital gains taxes, no credit checks. Transparency is guaranteed through the use of blockchain technology, smart contracts and algorithmic processes executed by the Nexo Oracle.

The Nexo platform is live and is delivering millions of dollars worth of loans to thousands of clients in 45+ fiat currencies and Tether (USDT). Current collateral options include BTC, ETH, XRP, LTC, NEXO, TUSD, and the BNB Coin. No less than 10 new collateral options will be chosen by the crypto community to be added trough 2019..

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Nexo Explanation Video

NEXO Review 2019: Still Worth it? Beginners Guide | Coin Bureau

Our long form review here: https://www.coinbureau.com/review/nexo-coin/ ▻ Buy NEXO on Huobi: https://www.coinbureau.com/review/huobi/ ▻ Howey Test for ...

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Screenshot from Website

nexo.io
Nexo Websitemore_vert

Visit Webpage

Website Informationclose

Organization: Unknown
Name: Unknown
Country: Unknown
City: Unknown
Zipcode: Unknown
Address: Unknown
Mail: Unknown
Creation date: 2018-01-11
Expiration date: 2026-01-11
Nameserver: JESSICA.NS.CLOUDFLARE.COM

build Nexo Product Analysis

3.4

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Nexo Whitepaper

Nexo wants to build The World’s First Instant Crypto Overdrafts. Powered by Credissimo - A Leading FinTech Group serving millions of people across Europe for over 10 years.


The whitepaper of Nexo is 52 Pages long.

The most influencial keywords are: Nexo, Loans, Market, Assets, Technology, Blockchain, Crypto, Tokens, Tokenization, and Tokenized.

file_downloadOpen Whitepaper
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Nexo Competitors

  • 1.) SALT

    SALT - Secure Automated Lending Technology allows you to keep your bitcoin, ethereum & crypto and get your cash. SALT streamlines every step of the loan. We've simplified the application process by focusing on the value of the borrower’s blockchain assets instead of their credit score.

  • 2.) Aave

    Decentralized Lending on Ethereum Network - Lending Ethereum

  • 3.) Ripio Credit Network

    A peer-to-peer credit network protocol based on co-signed smart contracts

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Nexo Product Analysis

The exact founding date of Nexo is unfortunately not that clear. Its source code was released publicly on github on April 2018 under the Apache License 2.0 license.
Organization wise, Nexos Development is Centralized and is being developed under the lead of Antoni Trenchev.

The consensus on which the Nexo network is run is called Not mineable, while the underlying algorithm is called None.
In the current state of Nexo currently is Only token

group Nexo Community Analysis

3.0

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Nexo Communities & Events

Nexo - The World's First Instant Crypto Credit Lines Over the past 10 years, we have been providing instant loans to millions of people across Europe. We believe that the expanding digital world helps improve our lives. We would like to contribute by providing a solution for how to enjoy your crypto wealth today without selling your crypto assets.

view_list r/nexo Subreddit
person 4,623 Subscribers
directions_run 71 Active Users
create 5 Daily Posts
speaker_notes 62 Daily Comments
linkOpen Subreddit

Site www.monero-classic.org
twiter https://twitter.com/xmccurrency?s=09
Reddit https://www.reddit.com/r/xmc_official
Explorer http://explorer.monero-classic.org/

view_list MoneroClassic Channel
person 1,252 Members
directions_run 28 Online
linkOpen in Telegram

Official Twitter account for Nexo

view_list @NexoFinance Channel
person 53,030 Followers
08.09.2020
13:51
#BTC mining difficulties have almost doubled in the Chinese market, which dominates 65% of the global multi-billion dollar mining industry. Opt for the smartest way to support liquidity & run operations of your mining business at https://t.co/SaZQze0GeT. https://t.co/0d07jajWkY 81 favorite
08.08.2020
20:30
Just a few months after @GoldmanSachs‘ criticism of the case of #BTC as an asset class, the bank hires a Global Head to oversee its digital assets division. Our reminder on why we think Wall Street should take commercial viability of blockchain seriously: https://t.co/2WTCck8oMX 93 favorite
08.07.2020
14:01
🎊Congratulations🎊 1/2 @SpectoRz22 @chris_qlrr @robbiee_robbb @darius00klokj @Ferdinand_hodl @Baltor40 @ddbidhar @Abhay61990 @Benzaiten8888 @TicoCrypto In the following days we’ll be in touch with each one of you with further details about getting your prize. https://t.co/eUzmlmBzp9 60 favorite
08.06.2020
13:07
Time to CELEBRATE the 3rd Nexo #Dividends with our very first Special #Giveaway! Follow @NexoFinance,💙& RT for a chance to win one of 30x Limited Edition Nexo t-shirts - #WhenDividends #NowDividends Thank you for being part of Nexo’s continued success. https://t.co/iKZjtnmlyw 1,041 favorite
08.05.2020
13:06
The moment you've all been waiting for! 🎉The 3rd Nexo Dividend is $6,127,981.39! 🎉 We’re extremely pleased to reward $NEXO Token Holders for their trust & contribution to our expansion despite 2020’s unstable financial markets. https://t.co/aIHBugfDop 1,977 favorite
08.04.2020
13:30
Nexo Dividends are only paid on eligible $NEXO Tokens from the circulating supply. Dividends are NOT paid on the company’s treasury and reserves. To get your dividend, you must pass Advanced Verification and stake your tokens in your Nexo Account by the cut-off date Aug 5, 2020. https://t.co/6fIr1IcVKx 139 favorite
08.03.2020
13:05
🕒The Countdown Is On! Nexo’s Third Dividend is right around the corner. Bring your $NEXO Tokens home before 15:00 UTC on August 5 to receive #dividends. On this day, we will also announce the dividend amount. #WhenDividends #NowDividends https://t.co/dsSinLoxHw 148 favorite
07.31.2020
13:04
$NEXO – the world’s first dividend-paying asset-backed token just got a well-deserved prime spot on our new website.🎆 All you need to know about the $NEXO Token and its utilities presented simply & beautifully (if we may say so ourselves). Check it out!https://t.co/bTCRLYFL8X 157 favorite
07.30.2020
13:01
On 30.07.15 @VitalikButerin’s @ethereum arrived in the #crypto space. 5 years on $ETH has become the second largest #cryptocurrency by market cap & is now gearing up for a major update. From all of us at Nexo - Live long and prosper Ethereum!🖖 https://t.co/TNmK3W2oiJ 123 favorite
07.29.2020
13:23
#TRON users can now benefit from the first-ever $TRX-backed fiat loans with Nexo. Nexo's collaboration with @justinsuntron & @Tronfoundation increases $TRX's utility features, eases selling pressure, and makes #HODLing stress-free. https://t.co/D5nWfUB5pa 398 favorite
Name Date Description
Dividend Distribution 08.15.2020
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Nexo Google Trends


The Google Trends chart displays the search interest on google in Nexo relative to its peak over the last year. A rising chart shows growing interest int he project.

code Nexo Development Analysis

1.2

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Nexo Github Analysis

Code Updates (Commits)


Every change to the codebase of Nexo is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 38 Stars
remove_red_eye 14 Watchers
usb 30 Forks
sync_problem 1 Open Issues
border_color 0 % Comment Coverage
lock_open Apache Licen License

attach_money Nexo Price Analysis

2.0

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Nexo Price Prediction

$ 0.152502 (-10.41%) arrow_drop_down

Predicted USD Market Price in 24h by Coinpaper

$ 0.117745 (-30.83%) arrow_drop_down

Predicted USD Market Price in 14d by Coinpaper

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Converter NEXO - USD

Convert between NEXO and USD with the live Nexo prices, aggregated from all big exchanges that trade Nexo.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Nexo Team Analysis

4.8

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Nexo Team

Nexo Team Members (18)

launch

Antoni Trenchev

Managing partner

launch

Georgi Shulev

Managing partner

launch

Kosta Kantchev

Managing partner

launch

Vasil Petrov

Cto

launch

Kalin Metodiev

Corporate finance

launch

Kamen Trendafilov

Finance director

launch

Savina Cherneva

Compliance

launch

Bilyana Christova

Marketing

launch

Plamen Todorov

Blockchain developer

launch

Teodora Atanasova

Business development

launch

Joro Yordanov

Product designer

launch

Boris Delev

Technical lead

compare_arrows Nexo Exchanges

Nexo Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 CreekEx NEXO/ETH $ 0.171665 $ 4,438,687 clear
# 2 Bitrue NEXO/XRP $ 0.169593 $ 180,593 clear
# 3 HitBTC NEXO/BTC $ 0.169903 $ 120,069 clear
# 4 HitBTC NEXO/USDT $ 0.176106 $ 7,393 clear
# 5 Binance DEX NEXO/BNB $ 0.170327 $ 4,167 clear
# 6 Huobi Korea NEXO/BTC $ 0.169315 $ 1,560 clear
# 7 Huobi Korea NEXO/ETH $ 0.169678 $ 1,054 clear
# 8 YoBit NEXO/BTC $ 0.173995 $ 266 clear
# 9 YoBit NEXO/RUB $ 0.181019 $ 2 clear
# 10 YoBit NEXO/USD $ 0.181307 $ 2 clear

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