How To Use Nexo Crypto

First the clients need to transfer their crypto assets to their nexo accounts.

How to use nexo crypto. If using your nexo wallet and you have the required amount of crypto in it please go and click on the withdraw button next to the crypto you decided to change to nexo. Follow these simple steps and start earning up to 12 compounding interest on your idle crypto. The nexo oracle then automatically calculates the available amount for the credit line and sets up the loan once the relevant blockchain confirmations for the collateral. Nexo is a platform that offers instant crypto loans solving a lot of holders problems. The lifecycle of a nexo instant crypto credit line can be broken down into the following steps.

Usually platforms offer to sell off your crypto as soon as it appreciates in value. Click on the top up button next to the cryptocurrency you want to deposit. Earn on crypto is available for btc eth xrp bch ltc bnb eos link xlm trx paxg usdt usdc pax tusd dai husd with more assets coming soon. Upon this the nexo system launches a series of blockchain based validations for the specific crypto asset. You can transfer your crypto assets to your nexo account and get an instant crypto loan credit line which you can immediately access using the free nexo card or by withdrawing in 40 currencies to your personal business bank account or in usdt to your tether address or in usdc to your usd coin address.

To begin using the instant crypto credit lines a client transfers their crypto assets into their secure nexo account. Visit the nexo website and create an account deposit your crypto assets to the platform complete the verification process kyc. Log in to your nexo wallet account. Transfer assets into your nexo wallet. This platform however allows holders to borrow against.

Paste in the withdraw address the address you copied from the screenshot above choose the same amount and confirm the transaction. Paste in the withdraw address the address you copied from the screenshot above choose the same amount and confirm the transaction. Taking out crypto loans from nexo involves several steps. Log in to your secure nexo account. Scroll to the bottom of the page where all supported cryptocurrencies are displayed.

Copy your private deposit address. How to take an instant crypto loan with nexo starting from 100 and going all the way up to 2m. Create an account and pass our effortless kyc.