Topic: [ANN] Nexo - The World's First Instant Crypto-backed Loans - page 2. (Read 25487 times)

I got paid in BTC. What other token even pays a dividend?

NEXO is a shit coin. Pays dividends in shitcoin NEXO - cant even sell as there are no buy orders. Its better to hold BTC on crypto.com and get 8% interest paid weekly. So its 8% on BTC guaranteed over  holding shitcoin, that drops in satoshies and pays in NEXO shitcoin that you cant even sell.

Nexo was once again ranked as one of the top coins to watch for this week. Read out more:

https://coincodex.com/article/4565/top-3-coins-to-watch-august-12-august-18/

Top 4 Altcoins To Watch This Summer 2019 : https://www.publish0x.com/bullsquad/top-4-altcoins-watch-summer-2019-xnqvpn

Zero Fees     https://sg-mktg.com/MTU2Mjg1NjMzOXwwclljUDJxZVhzdnExdVU4eG15SUNjWHdRS2J4aWxJRlVGVlZWUy12VjJpN0paeUhlckZvOThFaUE1SXRLM0RvRnotbzA4bDk5SGF4YzRMZkswTmRUWVVJellWUUE1d2xjYV9feUJHRWhDWjBab1JLMWlKZzhjR1hBcDdRMjR4QWJXQzVOSkxNbEtaS1UwYmtxVmJKdlFQb0xGS3ZzcWdhajdTdWZpWGQxR0txdTZGa0FyTXB6MGpZTXZSWWhaX2dicE9aaFhTT3RRWEZoams5cnE4WWR2OHNBVlAzRVpOOWpXaXJKQjRONHZxMldtaXZhSG0tMlNMSEpjMmVXaUU2WkI0TloxU3EwWGdUd3lvPXzRyES04gTRPNDl4dqXNVYIlDLVN6hp3KqWdydIuoDa1Q==

Bounce on this news:
https://medium.com/nexo/misconceptions-about-nexo-and-an-outlook-on-dividends-and-beyond-700334e03080

More:

https://twitter.com/ConcernsNexo/status/1130559750524100611

Seriously, WTF?

There's no Discord server of NEXO. There's a Telegram channel if you want to communicate with the community:

https://t.me/nexofinance

Will there be a discord server for that community to take an interest in this project?

Thanks for your analysis.

So it looks like you've analyzed both the projects ready and hate them both.

Have you tried other lending platforms such as Ethland? P

HAHAHAHAHA, i observed people getting banned for less on TG group. The TG group got retarded. They allow scammers and shillers to post spam all day long and ban anyone who complains about missed deadlines, lack of communication, etc.

Just use Celcius! It pays dividend, NEXO is dying. The company is for some reason not interested in maintaining token value, or adding new features, nor actually talking to the community. Just go to Celcius and dont look back. Also, crypto.com is about to add Crypto EARN - this month interest in BTC will go live 8% on BTC holdings. So check that out!

Prompt when it will be possible to earn percent from Ethereum and bitcoin?I think wishing to use Your service will be very much.

Example

Everyone gets immediate ban on NEXO for  no reason. Look at the converstation that lead to a ban . -

Investor

I'm so pissed at this project. Stayed since ICO, took loans and now I'm getting rekt by the team providing empty promises. Celcius, MCO even binance can do what you do with their crowd of followers. So the least you can do is stick to your plan and deliver.

Beyhan (admin)

What seems to be the problem, are you experiencing any issues?

Investor

I would not have chosen to invest that much if I knew dates on the roadmap are just for fun but not the actual deadlines


Beyhan - BAN

How come nexo is not a scam?

Are you talking of service or token? Celcius token is absolute shit, its never going to go up , it has no reason, no utility nothing, its a pure garbage. In contrast NEXO token, is just a turd... Both tokens are shitcoins, maybe nexo slightly less shitcoin, but still stinks as hell.

If you are talking about getting a loan.

1)NEXO - minimum 500 USD, maximum 2M, no waiting que, loan deliverd from 30 min upto 1 day, interest 8% .

While

1) Celcius - minimum loan 10k, you have to wait, interest is variable from 5% (30%LTV) to 12% (50% LTV).


Celcius has much worse token, but a cool community and great manangement, in contrast NEXO has banned half of the people, most of investors sincerelly hate nexo, nexo management  shits on the investors.

In terms of loans, NEXO provides easy loans, while Celcius has a waiting list, and very high minimal requirements.


Other things to consider - celcius pays interest on your crypto weekly, NEXO pays daily only on stable coins.

In. terms of toke. comparison - NEXO has very limited utility, and dividends are not guaranteed on the token as per terms and conditions. So as of know the only utility of nexo is reduction of interest rate from 16% to 8% (if you pay the interest with nexo tokens). In contrast Celcius, has more utility, yet its still bad  coin.


I wouldnt recomend buying Celcius or NEXO - both are bad.


I do cincerelly hate nexo. I do hate it. Cant sell tokens as NEXO doesnt allow loan repayment with NEXO tokens, otherwise would have sold my stack long time ago. They promise a lot and deliver nothing.

Also, tried Celcius, didnt get a loan, but send some coins to get weekly interest - seems nice. Well, have no negative feelings towards Celcius, like the company, but would never buy CEL tokens.

NEXO censors community, doesnt answer questions, does shady stuff. I would not recomend holding large sums with them. For example, they had 30% LTV on nexo token loans, then out of nowhere reduced it to 15% trapping everyone who took loans using nexo coin. And they dont allow loan repayment with nexo shitcoin. So if you put 90k USD worth of nexo, and took 30k USD loan, suddenly you need to add another 110k USD worth of NEXO just to be on 15% LTV.


God how much I hate NEXO.

Is there any comparison available of NEXO vs. CELSIUS? From the looks, it looks like Celsius is better than Nexo for the purpose of providing loans, only undervalued.

Any comments or suggestions on this?

I see a company moving forward with caution and confidence to avoid the missteps of others. Adapting to the changing face of regulation and investor relations while balancing customer experience with network security and rewards! But making everyone happy all at once would be magic.

I think the issue here is the fact that they havent communicated well with investors and users and most of their futures are yet to be initiated Personally for me i will like to know if dividend is getting issued because i didnt see that there or the site and I hope you update your roadmap to go in line with your planned work that will atleast put investors faith back

Okay, thanks for the info. I just completed the KYC and it was easy. I'll write my review of the compound interest in this thread after I've experienced it.

A loan withdrawal does of course require KYC or would you give money to a stranger on the internet?