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Ace 🔺-

Is Nexo safe during market downturn/recession? Any reports we can

read?

#cryptocurrency #english #nexo
0

13 ответов

24 просмотра
Yusuf-

celcius lends 1.5 on 1 collateral. I think nexo gives 0.8 for 1 collateral, so it seems very difficult to run out of liquidity.

0
12.06.2022
Emi-Martinez

has celsius uncollateralized loans?

0
12.06.2022
Yusuf-
Emi Martinez
has celsius uncollateralized loans?

no. You can deposit collateral and get a loan.

0
12.06.2022
Yusuf-
Emi Martinez
has celsius uncollateralized loans?

that is, it allows you to deposit $100 and withdraw $150. but nexo lends around $90 for $100 collateral.

0
12.06.2022
Cryptopresence-
Yusuf
that is, it allows you to deposit $100 and withdra...

It means Nexo is safe, regardless of Bear/Bull.

0
12.06.2022
Emi-Martinez
Yusuf
that is, it allows you to deposit $100 and withdra...

celsius doing bad things. Any posibility to suspend withdrawals in celsius?

0
12.06.2022
Yusuf-
Emi Martinez
celsius doing bad things. Any posibility to suspen...

I do not think so. If withdrawal requests come in very often, this will only create a domino effect. This panic may spread to other crypto credit platform companies by creating panic.

0
12.06.2022
P-S
Emi Martinez
celsius doing bad things. Any posibility to suspen...

If stETH keeps getting squeezed, Celsius will have no choice but to suspend withdrawals

0
12.06.2022
Yusuf-
Jimbo Jones
Anything’s possible

and yes. this can be possible.

0
12.06.2022
F-
Emi Martinez
celsius doing bad things. Any posibility to suspen...

Earlier today, I withdrew all my remaining coins in Celsius to Nexo

0
12.06.2022

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