Nexo is a platform for instant cryptocurrency loans. And while I'm not interested in making any crypto loans, I will gladly receive the daily compounded interest that Nexo pays me for lending my cryptocurrencies. While all investments come with risks, I feel safe storing my tokens at Nexo because Nexo is backed by Credissimo, a fintech group with millions of customers. Furthermore, Nexo has a $375.000.000 insurance, and your assets are stored and protected in individually assigned multi-signature wallets in cold storage with Ledger Vault. Nexo also uses BitGo, a qualified and audited custodian backed by Goldman Sachs.
Advantages of storing your cryptocurrency at Nexo:
Easy and fast to set up.
If you sign up using this link. You will receive $25 worth of Bitcoin if you transfer a minimum of $100 worth of cryptocurrency.
You receive daily interest payments, which allows for faster compounding
Once you have set up the account using the provided link above. And once you have verified your identity, you will receive $25 worth of Bitcoin if you transfer $100 worth of cryptocurrency. That is a 25% return on your investment in no time. If you are unsure about whether Nexo is the right thing for you, just try it out with $100 worth of crypto.
It is easy to set up an account. Once you have clicked on the link provided above. Click on the green button that says "Get $25 in BTC." Then, you need to enter your personal information.
Once you have signed up, you need to verify your account in order to receive your $25 BTC. You can do this by clicking on the icon with the person and small arrow in the top right corner.
Once you click on the icon. You have the following options. Click on "My Profile".
Once you are on your profile, click on Identity Verification. You will need to upload standard documentation such as your ID or passport.
Once verified, you are ready to transfer or purchase cryptocurrency. You can do this by clicking on "Account" at the top left. You can transfer or purchase your preferred cryptocurrency. Having done so, you will receive your $25 BTC in a month's time. You will start earning daily compound interest on your initial cryptocurrency right away. Very simple and easy to do.