1 year or can it be for a shorter period of time?
“The standard maturity of the loan is one year. If not repaid the loan is automatically extended for another 12-month term. The number of extensions under the preceding sentence shall be unlimited. “ https://support.nexo.io/hc/en-us/articles/360008239293-How-long-is-the-maturity-of-the-Nexo-loans- You can repay a loan earlier than 1 year, but Please note that loans repaid in less than 30 days are charged interest for the remainder of the 30-day period at the standard APR of 13.9% regardless of your loyalty tier. This is in order to prevent improper use of the Nexo Platform and to safeguard Nexo as a company, but more importantly, our clients and investors. https://support.nexo.io/hc/en-us/articles/360015490073-Loan-Repayment
waht does it means "improper use of nexo platform"?
Technically money laundering
I paid my hard earned money to crypto, in 2021 I made money on it, I would like to withdraw it now without paying tax, on the first page of nexo there is a banner encouraging you to ... does it belong to money laundering?
No it is not money laundering
thanks i'm already stressed out that i'm doing something wrong :)
This same for use the card? Os is 0% apr <20% LTV for platinum users? 😎
It's the same for the card, and yes, if your LTV is lower than 20% and you are platinum in the platinum tie, your interest rate will be 0%.
hello my nexo has 100000 usd can i trust nexo
Yes, you can. Just make sure your devices are protected as well.
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