get for depositing euros ?
Hello, you can earn up to 15% on EUR/USD/GBP stablecoins
Thank you sir, What do I need for platinum ? Minimum deposit ? And what is flex term ?
1.Platinum: The ratio of NEXO Tokens in your account against the rest of your portfolio must be at least 10%. https://support.nexo.com/s/article/nexo-loyalty-program-explained 2.The minimum top-up amount is 10 EUR/GBP/USD. The minimum earning amount is 1 EUR/GBP/USD. 3. Our former Earn offering across crypto, fiatX and stablecoins, which lets you withdraw funds at any time and brings you a unique daily payout, is now called FLEX Terms. You can find additional information here: https://support.nexo.com/s/article/nexo-term-deposits-explained
Thank you. So flex rate is the start interest rate , then if locking funds for 3 months minimum , extra 2% added ? While funds are locked in fixed term , is compounding active ?
Correct, in a Fixed term, the interest compounds and you receive it as a single payout at the end of the term
Thank you sir, and about loyalty program , if I deposit 100$ and transform 11$ into nexo tokens, so I become platinum and enjoy platinum benefits ?
I can see you also offer nexo card , does the loyalty level and the deposit amount affect the benefits or it’s same for all users ?
For the time being, the Nexo Card is available to citizens and residents of the European Economic Area (EEA) only. To be eligible, you need to pass Identity Verification with a supported EEA-issued identity document and meet the following criteria: For a virtual card: maintain a Portfolio Balance of at least $50 For a physical card: maintain a Portfolio Balance of at least $500 and a Gold Loyalty tier
Very good thank you , is it ok to use for UK ?
Yes, you can use it in the UK
Thank you sir , I look in website many things - what is the interest % on the crypto Bitcoin for basic and platinum ?
Do You mean the daily earnings on fixed term does not reflect on the current balance until end of term?
You can see how much the interest is on different assets here: https://nexo.com/earn-crypto
Yes, correct, you receive the whole interest as a single payout after the term is over. However, you can still see the daily interest in the "transactions" section of your account
Thank you , so I better transform my $ into the token usdt in order to increase the interest to 16% instead of maximum 15% ? And how to know my funds are safe by your platform? And guarantee to withdraw ? Is there withdraw / deposit fee ?
Nexo partners with the foremost providers of security in the blockchain space, including Ledger Vault, Bakkt, Fireblocks, and other custodians whose facilities are insured via Lloyd’s of London and Marsh and Arch. They carry insurance protections for digital assets held on the Nexo platform via the most prestigious syndicates of underwriters. https://support.nexo.com/s/article/security-and-insurance You can withdraw your assets at any time, in case they are in a flex term. Depending on your Loyalty tier, you get up to 5 free withdrawals per month and deposits are free.
Thank you sir , can you tell me about your borrowing service ?
https://nexo.com/borrow
Thank you sir 🙏 exploring
Hi , is interesting to see 16% interest but any serious investors must be scared or concerned about this offert.. What is happening Nexo is on the path of low liquidity? ( I'm whit Nexe sence first day and is for the first time that I'm preoccupied)
Hi there. It is not unusual for crypto companies to increase their earning rates, particularly following adjustments in their borrowing rates. This is mere balancing out. Nexo's earn rate hike to 16% helps combat inflation by offering investors a higher return on their assets, outpacing the eroding purchasing power caused by rising prices. More details can be found in our blog post here: https://nexo.com/blog/all-you-can-earn-up-to-16-interest-on-your-stablecoins
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