Nexo
NEXO price
1.25462 USD
0.21%
0.00001941 BTC
Financial indicators NEXO
- Rank: 109
- Market Cap: 702588000 $
- 24 Hour Volume: 5661600 $
- Total Supply: 1000000000
- Circulating Supply: 560000000 (56%)
What is Nexo?
Nexo is a blockchain-based lending platform that offers users instant cryptocurrency-backed loans. Users deposit an accepted token — such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC) or XRP (XRP) — as collateral to receive a loan in the form of a fiat currency or stablecoin.
Nexo has a native token, NEXO, that when locked in the platform grants users benefits such as discounts on interest accumulated on loans and the opportunity to receive interest payments on funds deposited. Token holders also receive dividends from Nexo's profits.
The project was first announced in December 2017, and it launched in April 2018.
- http://nexo.io
- https://github.com/nexofinance/NEXO-Token/
- https://twitter.com/NexoFinance
- https://reddit.com/r/nexo
- https://coinmarketcap.com/currencies/nexo/
Chart NEXO
Technical analysis
News Nexo
www.crowdfundinsider.com
www.benzinga.com
www.cryptopolitan.com
www.cryptopolitan.com
