Nexo: Crypto lending platform for trading and borrowing.
Nexo is a decentralized crypto lending platform offering trading, borrowing, NFT collateral, and institutional services on blockchain technology.
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What is Nexo (NEXO)?
Nexo, established in 2018, is a decentralized lending protocol utilizing blockchain technology to provide professional financial services within the digital asset space. Its ecosystem offers a wide array of services for buying, selling, trading, and borrowing cryptocurrencies, particularly focusing on innovative solutions to address lending market challenges. The maximum supply of NEXO tokens is 1 billion. Nexo's key features include the Nexo Exchange, which allows users to trade tokens with minimal fees. Users can also access Instant Crypto Credit Lines, borrowing from $50 to $2 million in cash or stablecoins by using crypto as collateral, with APR depending on their Loyalty tier and NEXO holdings. NFTs can also be used as collateral for loans up to 20% of their value. Nexo Prime cater...
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Nexo price live information
As of now, Nexo is trading at 1.2271 USD, with a 24-hour trading volume of approximately 429.08K USD. The NEXO to USD price is updated in real time. Over the past 24 hours, Nexo has decreased by 0.27%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 792.89M USD. Currently, there are 646 145 839.574685 NEXO in circulation out of a maximum supply of 1 000 000 000 NEXO.
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