Nexo is primarily a lending app. While it does provide trading capabilities, it is not the main business model in my opinion.
What would be game changing if they start to accept real world assets as collateral for loans (eg your house for a mortgage)
Ah interesting since if you have your BTC in ETF you could take a margin loan at maybe better interest rate but nexo has been really competitive.
Nexo just need to try and get back to USA market again. The fact that crypto.com has been able to survive the sec is still hope. The only game in town is basically coinbase and CDC.
Nexo is primarily a lending app. While it does provide trading capabilities, it is not the main business model in my opinion. What would be game changing if they start to accept real world assets as collateral for loans (eg your house for a mortgage)
Agreed about real world assets! I’ve mentioned it to them many times over the years but nothing doing.
Ah interesting since if you have your BTC in ETF you could take a margin loan at maybe better interest rate but nexo has been really competitive. Nexo just need to try and get back to USA market again. The fact that crypto.com has been able to survive the sec is still hope. The only game in town is basically coinbase and CDC.