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Hardnan7-

Can someone help me with a doubt i have with

this : Get this loan at 0% APR Your available balance is enough to cover the 20% LTV ratio that can lower your APR...

Does this mean that I can request and not pay interest but will they leave my cryptocurrencies as collateral? something like that?

#cryptocurrency #english #nexo
0

7 ответов

7 просмотров
Davide-Swarup

When you try to borrow, you wil see two options. Borrow a smaller amount at 0% according to LTV. and the full amount to borrow with the interest % according to your loyalty tier.

0
19.01.2022
Kristian-

The collateral will not earn interest.

0
19.01.2022
Hardnan7- Автор вопроса

but I stop thinking daily interests? those coins are blocked?

0
19.01.2022
Kristian-
Hardnan7
but I stop thinking daily interests? those coins ...

Yes, no interest is earned on your collateral, and only excess collateral can be withdrawn.

0
19.01.2022
Hardnan7- Автор вопроса
Kristian
The collateral will not earn interest.

That is, while I have that loan, they block a percentage of my cryptos and I stop receiving profits?

0
19.01.2022
Kristian-
Hardnan7
That is, while I have that loan, they block a perc...

Correct. The collateral will be moved to the credit line wallet where it does not earn interest.

0
19.01.2022
Hardnan7- Автор вопроса
Kristian
Correct. The collateral will be moved to the credi...

but if I pay it soon, that also frees me

0
19.01.2022

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