Hi guys... if i exchange my USDT for USD... does

Question

Hi guys... if i exchange my USDT for USD... does

nexo have USD backups? i mean just in case anything weird happens
I ask to be sure that if something happens with the USD in nexus, to be well insured.

#cryptocurrency #english #nexo

0

13.06.2022

20 ответов

8 просмотров

facu Автор вопроса

I have USDC... but I read somewhere that there is talk that coinbase could go bankrupt... and I want to diversify... USDT has been losing peg for some time

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13.06.2022

Hash

facu
I have USDC... but I read somewhere that there is ...

USDC is not owned by Coinbase but rather circle

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13.06.2022

facu Автор вопроса

Alex Nexo / No support via DM
USDx is fully backed up by us, USDC is not.

USDx is USD right?

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13.06.2022

Alex Nexo / No support via DM

facu
USDx is USD right?

Yes.

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13.06.2022

Robyn

Alex Nexo / No support via DM
USDx is fully backed up by us, USDC is not.

Is EURx backed by you?

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13.06.2022

facu Автор вопроса

Alex Nexo / No support via DM
Yes.

I understand, but if there is a problem, nexo can prove that the USDx are real? with audits and all that kind of stuff.

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13.06.2022

Alex Nexo / No support via DM

Robyn
Is EURx backed by you?

Yes.

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13.06.2022

facu Автор вопроса

Alex Nexo / No support via DM
Yes.

I hope you can answer these questions I am asking. Thank you

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13.06.2022

Alex Nexo / No support via DM

facu
I understand, but if there is a problem, nexo can ...

We have stated it here: https://support.nexo.io/hc/en-us/articles/360022742494-Earn-up-to-12-interest-on-EURx-GBPx-and-USDx And somewhere in TC.

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13.06.2022

facu Автор вопроса

Alex Nexo / No support via DM
We have stated it here: https://support.nexo.io/hc...

which is collateralized at all times by asset-backed portfolios of overcollateralized loans. what does this mean ? over USDx

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13.06.2022

Alex Nexo / No support via DM

facu
which is collateralized at all times by asset-back...

You van not use USDx or EURx to take aloan, but the funds are backed by other collaterized loans. It’s not on a piece, the total is considered.

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13.06.2022

facu Автор вопроса

I just want to know if USD is "safer" than a stable coin that can have a peg.

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13.06.2022

facu Автор вопроса

I am evaluating what to use... whether usdx or a stable coin.... for my security and confidence

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13.06.2022

Robyn

facu
I am evaluating what to use... whether usdx or a s...

That is smart. Well, you saw what happened to UST. And the rumours about USDC. So if USDx is backed by Nexo, they offer good % on it, and it can't depeg from anything, it sounds good doesn't it?

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13.06.2022

facu Автор вопроса

Robyn
That is smart. Well, you saw what happened to UST....

Of course it sounds good

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13.06.2022

Robyn

facu
Of course it sounds good

Better than a bank 😂

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13.06.2022