Hi I did get the card, my questions is regarding paying. All

Question

Hi I did get the card, my questions is regarding paying. All

my coins are in holding and the creditline is 200$

Does that mean i have to put 200 usd aside in flex ? And if u have no creditline paying is done by one of my hodl coins ?

#cryptocurrency #english #nexo

0

03.05.2022

6 ответов

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Peter Автор вопроса

Alex Nexo / No support via DM
You can repay your loan with your collateral. Only...

tx, but i have collateral, it is all in hodlmode, not flex. Also those coins i have do not give a big credtline, nexo and eurx. So i have same question, or maybe i just get declined ?

0

03.05.2022

Helge

eurx cant be collateral, nexo is only 15% so indeed not ideal

0

03.05.2022

Peter Автор вопроса

Helge
eurx cant be collateral, nexo is only 15% so indee...

so basically what i said in the beginning , keep money in flex mode, usdc or so. That differs from cdc where i have to put money on

0

03.05.2022

Helge

Peter
so basically what i said in the beginning , keep m...

Yeah, I make sure to have enough outside of my fixed terms to cover collateral for normal usage. nexo will automove those from saving to credit line wallet to keep the LTV below 20% (and in turn 0% interest), so they keep giving interest until needed in credit line wallet

0

03.05.2022

Peter Автор вопроса

Helge
Yeah, I make sure to have enough outside of my fix...

👌

0

03.05.2022

Alex Nexo / No support via DM · Accepted Answer

Alex Nexo / No support via DM

You can repay your loan with your collateral. Only the Nexo token can not be used as loan repayment, but you can repay the principal with it.

0

03.05.2022

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Hi I did get the card, my questions is regarding paying. All

6 ответов

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