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CRYKEN-

Hello, What is the difference between High LTV Interest Rate and

Low LTV Interest Rate?

#cryptocurrency #english #nexo
0

15 ответов

22 просмотра
Peter | Nexo | No support via DM-

That would be below and above 20% LTV

0
18.05.2022
CRYKEN- Автор вопроса
Peter | Nexo | No support via DM
That would be below and above 20% LTV

My current loyalty is Silver. After I borrow 20% of my funds, and I top up $NEXO to become Platinum, will I be still eligible to become Platinum?

0
20.05.2022
CRYKEN- Автор вопроса
Peter | Nexo | No support via DM
Yes, you will be eligible.

Great. thank you

0
20.05.2022
CRYKEN- Автор вопроса
Peter | Nexo | No support via DM
Yes, you will be eligible.

I just borrowed $100 for the test. How can I know if the difference between the $100 and the other USDC that I depoisted?

0
20.05.2022
CRYKEN- Автор вопроса
Peter | Nexo | No support via DM
Yes, you will be eligible.

I am trying to swap the borrowed USDC to NEXO. and I got the notification. 'You cannot exchange the selected amount due to lower LTV of the Receive currency.' What does it mean? can't I swap the borrowed USDC to NEXO?

0
20.05.2022
Peter | Nexo | No support via DM-
CRYKEN
I am trying to swap the borrowed USDC to NEXO. and...

What you are trying to do is collateral swap, which in your case won't work because USDC's LTV is higher than $Nexo's. Please check if you can move the USDC out of your Credit Wallet and try again.

0
20.05.2022
CRYKEN- Автор вопроса
Peter | Nexo | No support via DM
What you are trying to do is collateral swap, whic...

How can I move the USDC out of my credit wallet? I am trying to transfer Between Wallets, it does not work...

0
20.05.2022
Peter | Nexo | No support via DM-
CRYKEN
How can I move the USDC out of my credit wallet? I...

If the USDC is used for a loan collateral, you won't be able to move it out of the credit wallet.

0
20.05.2022
CRYKEN- Автор вопроса
Peter | Nexo | No support via DM
If the USDC is used for a loan collateral, you won...

but it looks like I can swap the USDC to USDT. is this ok?

0
20.05.2022
Peter | Nexo | No support via DM-
CRYKEN
but it looks like I can swap the USDC to USDT. is ...

Yes, you can do so (it's again a collateral swap) because USDC and USDT's LTVs are the same.

0
20.05.2022
CRYKEN- Автор вопроса
Peter | Nexo | No support via DM
Yes, you can do so (it's again a collateral swap) ...

oh I see. I am getting to understand.

0
20.05.2022
CRYKEN- Автор вопроса
Peter | Nexo | No support via DM
If the USDC is used for a loan collateral, you won...

I do not know what the loand collateral is. I just thought that I borrow cryptos and can sell or swap it whatever I want...

0
20.05.2022
Peter | Nexo | No support via DM-
CRYKEN
I do not know what the loand collateral is. I just...

Please visit our help center and you will find a lot of useful articles on how the platform works - https://support.nexo.io/hc/en-us.

0
20.05.2022

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