Covering capital expenses such as computing power needed by Crypto Miners in order to stay competitive and grow their operations, often requires liquidation of mining rewards. This can be avoided by opening an instant crypto-backed loan with Nexo Hedge Funds who have invested in cryptocurrencies, ICO tokens and other digital assets can leverage their portfolio by obtaining an instant crypto-backed loan from Nexo and take advantage of new investment opportunities Instead of directly selling the cryptocurrency raised from an ICO or generated in the course of business, crypto companies can now setup an instant crypto-backed loan to meet their working capital and operating expenses requirements There are 2.2 billion gamers and VR users who trade in-game and VR items valued at over $50 billion. Instead of selling the items and losing the opportunity to use them in the future, they can now be used in a Nexo Account to meet short-term liquidity needs This is not a startup. This is a team that has a successful track record for over 10 years extending over $120 million in credit [...]. The group recently raised $50 million for Nexo, its crypto-lending venture. All money will be loaned out to so-called hodlers, or those who intend to hold digital currency long-term. Nexo, which is backed by TechCrunch founder Michael Arrington, has introduced several initiatives over the past few months and recently became the first project to accept XRP as collateral. The company, which functions as a bridge between the crypto world and the financial world

Main info

Hosting info

Payment systems

Payment systems available 

Withdraw types

Ratings and monitors

Remarks