NEXO
What is Nexo?
Nexo (https:/nexo.com) is a premier digital assets wealth platform empowering clients to grow, manage, and preserve their crypto holdings. Our mission is to drive the next generation of wealth by prioritizing customer prosperity and delivering tailored solutions for building long-term value, supported by 24/7 client care.
Since 2018, Nexo has been delivering unmatched opportunities to forward-thinking clients across more than 200 jurisdictions. Our all-in-one platform combines cutting-edge technology with a client-centric approach, offering high yields on flexible and fixed-term savings, crypto-backed loans, advanced trading tools, and liquidity solutions through the first debit/credit crypto card. Backed by deep industry expertise, a sustainable business model, robust infrastructure, security, and global licensing, Nexo champions innovation and long-lasting prosperity.
What is the NEXO Token?
The NEXO Token, is Nexo’s native cryptocurrency, offering a wide range of benefits on the platform. NEXO Token holders can earn up to 12% annual interest on tokens held within both the Savings and Credit Line Wallets in their Nexo accounts. Additionally, owning NEXO Tokens grants entry into the Nexo Loyalty Program (https://nexo.com/loyalty), providing valuable benefits such as higher yields on digital assets, up to 0.5% crypto cashback on purchases or swaps made via the Nexo Exchange, borrowing rates starting from 2.9% annual interest, and up to 2% crypto cashback when using the Nexo crypto credit/debit card.
Where can you buy NEXO?
NEXO tokens can be traded on well-established centralized crypto exchanges. The most popular exchange to buy and trade NEXO is Binance, where the most active trading pair NEXO/USDT has a trading volume of $1,398,440 in the last 24 hours. Other popular options are Bitget, Bybit, Bitstamp, Bitfinex, Gate.io, and many others.
Cryptocoins News / The Cointelegraph - 2 years ago
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia. The United St...
Cryptocoins News / The Cointelegraph - 2 years ago
The crypto lender claimed that the Cayman Islands Monetary Authority had placed “too much weight” on regulators’ enforcement actions in its decision to deny registration....
Cryptocoins News / The Cointelegraph - 2 years ago
A spokesperson for Bulgaria’s chief prosecutors has denied claims that the investigation was prompted by the company’s political donations. Siika Mileva, a spokespers...
Cryptocoins News / The Cointelegraph - 2 years ago
Following the Jan. 12 raid on its Sofia offices, Nexo described prosecutors’ actions as a “kick first, ask questions later” approach. Less than 48 hours after a raid o...
Bitcoin News / Bitcoin.com - 2 years ago
After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the...
Cryptocoins News / The Cointelegraph - 2 years ago
Nexo has denied reports that the firm has experienced massive outflows amid office raids and an ongoing investigation against the firm. Troubled cryptocurrency firm Ne...
Cryptocoins News / Blockchain - 2 years ago
The Sofia Nexo raid resulted in four charges. Nexo lets investors borrow and stake crypto. The UK, Bulgaria, and Switzerland-based corporation does not serve Bulgarians. Nexo announced its US service phaseout in December. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’s attorney general, said the probe into Nexo...
Cryptocoins News / CoinJournal - 2 years ago
Nexo offices in Bulgaria were raided by authorities early this morning.
There are claims one of the users was financing terrorism.
Nexo has confirmed the incident and said it is cooperating with authorities.
There are reports that the Bulgarian off...
More / Bitcoin Reddit - 2 years ago
Centralized lending services are failing left and right. Withdraw everything from everywhere. submitted by /u/SmoothGoing [link] [comments]
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Local investigators in partnership with foreign agents raided the
Bulgaria offices of the cryptocurrency lending firm, Nexo, on Thursday. Bulgarian business daily Dnevnik reports that a total of 15 offices are bei...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
The crypto lender’s office in Bulgaria was raided on suspicions of fraud, money laundering, and tax evasion.Local authorities also claimed to have evidence proving that a Nexo user financed terrorism.The company said they’re...
Cryptocoins News / The Cointelegraph - 2 years ago
Investigators have alleged that Nexo is involved in money laundering and violating global financial sanctions against Russia. Troubled cryptocurrency lender Nexo is fa...
Bitcoin News / Bitcoinist - 2 years ago
Reports have emerged that the offices of crypto lender Nexo have been raided by Bulgarian authorities. The Switzerland-based company has been the subject of liquidity rumors for a few months now, but according to the reports, the cryptocurrency compa...
Cryptocoins Exchanges / Binance - 2 years ago
I feel this has been posted before, but I've by no means seen an asnwer. Some background: The $NEXO token is supported at Nexo.io for topping up by way of the ERC-20 and BEP-2 networks. The $NEXO token is out there at Binance for withdrawal by w...