Nexo unveils first card backed by crypto credit line

nexo credit line wallet  wallet to the credit line wallet % is the established cutoff If the loan-to-value ratio is still out of balance, the Nexo blockchain Nexo offers an innovative solution: instant crypto credit lines Nexo, including a Visa card and a decentralized finance wallet

What Is Changing? In order to receive the full 50% Credit Line Interest Discount, clients must stake enough NEXO Tokens in their Nexo Wallet to The Nexo card works just like any credit card does Users can use it to make payments and receive a 2% cashback, an incentive for customers to use the card

Nexo was launched in April 2018 after an oversubscribed private token sale and issued its first crypto-backed credit line shortly after As a natural extension Nexo is better than any crypto wallet or bank account: - Instant crypto-backed credit line in