Does anyone know of Nexo had exposure to any of

Question

Nexo Community

Ooof

Does anyone know of Nexo had exposure to any of

the bad debt/loans that companies like Celsius and Voyager did?

#cryptocurrency #english #nexo

0

08.07.2022

2 ответов

16 просмотров

jhon doe

Jesur | Nexo | No Support via DM
Nexo has a conservative business model which requi...

lol yeah i dont understand this series of borrow without collat, if these these entreprises have had loan why they're not liquidat ? i can understend than emergency before the liquidation is of find a deal to avoid this one, and protec the users funds, but if the debt isnt refundable or necessited a liquidation, so it must executed, other wise it is an potentiel contagion of the credit debt of crypto market and that's what I bitterly fear with these non warranty loan.

0

09.07.2022

Jesur | Nexo | No Support via DM · Accepted Answer

Nexo has a conservative business model which requires an overcollateralization of 200%-500% for all Instant Crypto Credit Lines. Furthermore, unlike many other service providers, Nexo has never engaged in any sort of uncollateralized loans even to trustworthy institutions, a decision that guarantees Nexo’s robustness even in the most turbulent times. If you want to read more about security & insurance, you can do it here: https://support.nexo.io/hc/en-us/articles/360017628093-Security-and-Insurance

209 похожих чатов

Does anyone know of Nexo had exposure to any of

2 ответов

Похожие вопросы