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
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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