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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.
In this video I explain how to take loans and repay on NEXO.io platform. I also take a bit on how low NEXO interest on your loans are. NEXO Main site: ...
Creation date: 2018-01-11
Expiration date: 2025-01-11
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
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.
Decentralized Lending on Ethereum Network - Lending Ethereum
A peer-to-peer credit network protocol based on co-signed smart contracts
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 POW, while
the underlying algorithm is called Ethash.
In the current state of Nexo currently is Only token
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 2,792 Subscribers|
|directions_run 27 Active Users|
|create 2 Daily Posts|
|speaker_notes 9 Daily Comments|
|view_list MoneroClassic Channel|
|person 903 Members|
|directions_run 22 Online|
Official Twitter account for Nexo
|view_list @NexoFinance Channel|
|person 42,926 Followers|
There are no events for Nexo in the next 3 Months
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.
Every change to the codebase of Nexo is registered as a commit. More active projects have many commits, dead projects nearly none.
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.
|star 30 Stars|
|remove_red_eye 14 Watchers|
|usb 24 Forks|
|sync_problem 0 Open Issues|
|border_color 0 Comment Coverage|
|lock_open Apache Licen License|
Convert between NEXO and USD with the live Nexo prices, aggregated from all big exchanges that trade Nexo.
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
It is not exactly clear who is the main driving force behind Nexo.
|# 1||Huobi||NEXO/BTC||$ 0.093946||$ 109,713||clear|
|# 2||Huobi||NEXO/ETH||$ 0.094489||$ 33,444||clear|
|# 3||HitBTC||NEXO/BTC||$ 0.092374||$ 24,742||clear|
|# 4||Huobi Korea||NEXO/BTC||$ 0.093946||$ 1,015||clear|
|# 5||Huobi Korea||NEXO/ETH||$ 0.094489||$ 46||clear|
|# 6||YoBit||NEXO/RUB||$ 0.102730||$ 8||clear|
|# 7||Binance DEX||NEXO/BNB||$ 0.090702||$ 145,732||clear|
|# 8||HitBTC||NEXO/ETH||$ 0.093234||$ 1,588||clear|
|# 9||YoBit||NEXO/BTC||$ 0.094754||$ 76||clear|
|# 10||Hotbit||NEXO/ETH||$ 0.093737||$ 4,716,035||clear|
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