Relatively safe

The rule in crypto is and will always be: “not your keys, not your crypto”. But more and more centralised platforms and exchanges are acknowledging that and try to offer a better service to the client. Like for instance Nexo.io. It’s a buying, lending and “staking” platform where a very high APR is offered for depositing 30+ different crypto coins.

I am currently not yet a client of the platform, but I am really considering it. I have done some research and I must say that Nexo has really tried it’s very best to solve a lot of the issues people have with centralised exchanges.

Extreme security and big insurance

Nexo.io has put in 4 different layers of security against hacking and theft. Which they call themselves “military grade”, that is of course coloured from their sales point of view, but still.
And then there’s another even more important part, the insurance, Lloyd’s of London is their insurer, which right now insures 350 million USD worth of assets against theft. That is quite unseen in this kind of business.

Very high APR’s

Choosing between the different available crypto assets to deposit the returns are different, but no less than 8 % per year. Like on BTC. But coins like Polygon offer a whopping 16 % APR, and your coins are still available for withdrawal at any time.
And then there’s one more thing that is very appealing to me, the pay-outs of the interest are daily, which makes compounding even more interesting.

Trustpilot gives the site 4.7 out of 5 from their reviews, which is another great reference.

Something to consider!

Sincerely,

Pele23