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I only have 600€ on account. I spend 600€ with the

card. And have no crypto on Nexo.

What happen. Does it work ?
Will the loan be taken against fiat ?
If I instantly repay it. Will I pay fees

1 ответов

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FIATx assets do not serve as collateral. The buying power on your Nexo card depends on the crypto collateral value you introduce to your account. As such, having only FIAT as assets in your account renders the card unusable. As for the repayment - you will not be paying fees when making repayments on your card purchases.

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