Nexo, The New Ways to Cash Out Money by Utilizing The Crypto as Collateral Into Overdrafts

.

Re-designed by @seifanlj - Source

In the most advances technology world we live now, it's not enough being involved on slice within its progress. For instance, in the financial aspects which is now has go forward to high advancement level of the uses, we can see within all about its issues (Bussiness, Trading, Bank, etc). Every people around the world now developed and get involved through every aspects of those financial issues. Besides, the most popular issues around the world now about The Rise of Cryptocurrency as the new Financials, Trading, Assets, etc to people all over the world, whether they knew otherwise in utilizing those kind of crypto when suddenly they needed cash out (money) in certain necessities. Based on those statements, Nexohas arrived to help them in utilize their crypto assets without sell it but remain as crypto overdraft. This is absolutely great, when you have some good assets and in the meantime you can use it as collateral to get some cash without selling them, just like the loan on the bank but this is comes in the new ways of modern technology advancement.

What is Nexo?

Nexo delivers the World’s First Instant Crypto Overdrafts, thus resolving a crucial inefficiency for the crypto world. Up to this very moment, no alternatives existed for digital asset owners to enjoy their crypto wealth except selling them. The innovative model of Nexo brings to the crypto community the best of both worlds - retaining 100% ownership of their digital assets while having immediate access to cash. The Instant Crypto Overdrafts are an automatic, flexible and cost-efficient way of obtaining liquidity that is secured by the value of the client’s digital assets. The whole process is completed in just a few simple clicks. No hidden fees, no capital gains taxes, no credit checks. Transparency is guaranteed through the use of blockchain technology, smart contracts and algorithmic processes executed by the Nexo Oracle.
Whitepaper

Nexo is the most needed crypto overdraft wallet by the time you face some seriously problem and you need the cash out in sudden time. This is why Nexo has arrived and give a lot of features within the overdraft wallet, as you can utilize your assets (crypto) without seeling them, but as collateral.

Nowadays, in the people viewpoint there are two ways to utilize their assets (crypto) by selling them or lend it them to someone while they need sudden money. Meanwhile, they didn't knew that Nexo has arrived by the first and instant cryptodraft in the world, by apply and join into nexo cryptodraft they can utilized their crypto assets without selling them but split remain into overdrafts as collateral, this process done without creditcard checks, exchange even there are no fees, taxes, or hidden fees within. Meanwhile, the advantages within the nexo was the instant cash out (money) without selling the assets (crypto), this is amazing!

Well Expertised Through Time to Time

Nexo is powered by Credissimo, a leading FinTech Group serving millions of people across Europe for over 10 years. Credissimo has always operated under the highest regulatory requirements and strictest supervision by multiple European Banking and Financial Services Regulators.
[White Paper](Whitepaper

By having experiences through time to time, there isn't dubious again for those who wanna use nexo as the crypto overdrafts wallet by utilizing the crypto assets as collaterals.

Nexo as Crypto Overdrafts

Don’t sell your crypto. Don’t lose the upside potential, get an Instant Crypto Overdraft from Nexo.
References

Nexo comes with a special advancement toward their clients, cause by the time you need some cash out instantly and you have the crypto assets on hand, you can easily apply on Nexo without selling your assets. Meanwhile your assets (crypto) would stay savely as collateral in overdraft system, all you need to do is to take the money and set the money in re-payment later.

Nexo Overdrafts Process.

overdraft process.jpg

The process on overdrafting your assets without taken a long time spent, it just take a little time to settled it.

Nexo : The Special Advantages.

Credit Card

By having credit card on hand, it will made you more easiest in all financial aspects.

You can also used it as repayment for the crypto overdrafts later.

Nexo Bussiness Model.

You can pick one of the favourite bussiness you wishes.

Nexo Market & Clients.

market clients.png

The Nexo market and clients information.

Nexo Oracle

Nexo oracle was a core technology within automatic system that provided suitable overdrafts with re-payment, smart contract, promoting transparancy, efficiency and also multiple component in communicated. Also, its comes to stabilize the system within, and it will more secured the assets.