$25 Signup Bonus & $25 Per Refer – New Crypto Loot App | Nexo App Review | Is Nexo Safe?
► Nexo ($25 Signup Bonus):
https://nexo.com/ref/3vgdco0j4w?src=android-link
*you’ll need to deposit $100+ in assets and maintain above $100 for 30 days to get $25 BTC Bonus.
Nexo.io is a crypto lending platform where you can earn up to 20% APY just for holding cryptocurrencies in your nexo wallet. You can also use it to buy, sell and swap cryptos directly using their desktop application or the application on your smartphone. If you need cash but you don’t want to sell your crypto, you can also take out a crypto backed loan on nexo. There’s no credit checks or originations fees to take out a loan. In this nexo tutorial we’ll go over all the features of the nexo wallet including how to deposit, buy, withdraw, earn and borrow on nexo!
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This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. I always recommend you do your own research before making any type of investment
Where you can get a $25 signup bonus if you deposit more than $100 worth of funds onto your nexo account on make sure to click on the green button right here and then let’s get started signing up for the account so here just type in your email address decide on a password
And then click on create account and now before we can do anything here on nexo we need to go through the identity verification so to do that we’re going to go to the top right click on the account icon and then we’re going to go
To my profile so here we simply click on start verification and then you simply want to go through this process what you’re going to need is some kind of ID document or a passport so it can actually verify all the information that you type in here the verification is
Going to be done in two parts where in the first part You’re simply going to add your personal information and add a phone number and then in the second part you’re going to need to verify that information with your passport or ID document and you also going to need some
Kind of camera where you can basically take a selfie of yourself so that they can compare your ID document with your actual face then once all the verification steps are completed you should see a check mark on the verification of your email your personal info and also the identity verification
All right so let’s go back to our account page by going to the top left and clicking on account and that will basically take us back to our account page which is the page that we’re going to see every time we log into our nexo account
So now let me give you a quick overview of what everything means here on nexo and how to navigate through the platform so here in the top on the account page we can see some promotions that nexo is currently doing then on the next line there’s going to be an overview of the
Status of your nexo account so here on my account you can see that I have currently a portfolio balance of around $66,000 most of it I hold in Bitcoin to earn me Interest then on the next part here you can see the credit line so the credit line is basically how much money
You would be able to take out as a loan with the assets that you’re currently holding so what I could do is I could post my Bitcoin as collateral and then I could take out about $3,000 worth of stable coins or just fiat currency and because I have already taken out a small
Loan to just try it out my available credit is a bit lower than my entire credit line then you can also see the interest earned this is basically all the interest combined that I’ve currently earned here on my nexo account for holding my cryptocurrency here on
Nexo it’s only like $950 because I’m not uh holding that much crypto on nexo for a long time yet but I’m earning around 70 cents uh or so per day for holding my $6,000 uh in Bitcoin then you can also see the Loyalty level this is basically
Defined by how many nexo tokens you’re holding on your nexo account uh I’m going to get more into this later in the video and basically the higher loyalty level you have the the more benefit you get like higher interest rates lower rates for borrowing money and so on then
When we scroll down we can see some buttons where we can borrow money we can repay our loans and we can also use the nexo exchange and then when we scroll further down we can see all the assets that we can deposit onto nexo and how much interest we can earn by having
Those assets sitting in the savings account I’m going to get more into how to deposit how to withdraw and how to increase the interest rate here on nexo later in the video what I usually do is I click this hide zero balance assets button so I can only see the assets that
I have currently in my nexo account so then uh on the bottom we can also see the entire value of all the assets combined that we have in our nexo account and then all the way on the bottom we have a way how we can promote
Nexo to our friends and by doing that we can also earn some money then let’s move on to the next page which is the transactions page right here this is where you can see an overview of all the transactions happening in your nexo account so whenever you have an interest
Payment whenever you take out a loan or whenever you deposit or withdraw funds to or from your nexo account you’re going to see all that in here in the transactions page then we also have the exchange page uh we’re going to get into this later in the tutorial this is
Basically where you can buy crypto sell crypto and also swap different cryptocurrencies against each other then we also have the vote feature that actually isn’t available yet so we’re going to see what that is in the future and that’s already all the main Pages
Here on nexo so as you can see it’s very simple to navigate
1 Comment
great app i already use it