From :: email
Dear Nexonians,
At Nexo we believe in listening to the community and due to extremely popular demand in our ongoing poll - Stellar (XLM) is now the newest collateral option for our signature Instant Crypto Credit Lines™ (in addition to the existing options of BTC, ETH, XRP, BNB, LTC and NEXO).
Get an Instant Stellar-Backed Credit Line
As the world’s most advanced crypto lender with $700M already processed for 250,000+ users, Nexo’s Instant Crypto Credit Lines™ offer significant advantages:
  • Secured by leading audited custodian BitGo with $100M insurancefor custodial crypto assets
  • Minimum amount of $500, maximum - $2,000,000
  • Automated and guaranteed instant approval with no credit checks
  • Interest from 8% per year (APR) and only on what you use
  • No instalments, no minimum loan repayments
  • Same/next day free local bank withdrawals
  • Available worldwide in 200+ jurisdictions
  • 45+ fiat currencies (USD, EUR, JPY, etc.)
  • #ZeroFees - no hidden fees, no FX commissions
Check out this quick guide on how to secure your instant Nexo credit line in three easy steps.
XLM is the twelfth largest cryptocurrency and is the native currency of the Stellar network - an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services.
Jed McKaleb, co-founder of Stellar commented on the new partnership on behalf of The Stellar Development Foundation: "In order to create a burgeoning financial ecosystem with Stellar, a whole suite of products and services are required and Nexo is paving the way for others to join.”
Allowing XLM Holders to borrow against their assets rather than selling them when they need access to instant cash adds an incredibly powerful utility feature to XLM. It eases selling pressure and makes the HODLing XLM even easier for the long run. On top of that, Nexo’s Instant Crypto Credit Lines™ are mighty tools for ensuring tax-efficiency.
As stated in an interview for CNBC by Nexo’s managing partner Antoni Trenchev, Nexo is seeing unprecedented demand for its signature Instant Crypto Credit Lines™ which attest for sustained, long-term profitability and ever-growing dividends for the NEXO Token Holders.
To participate in Nexo’s financial success, make sure to purchase NEXO Tokens on Huobi, one of the community’s most popular cryptocurrency exchanges, against BTC and ETHas Nexo shares 30% of its profits with the NEXO Token Holders.
Best Regards,
Your Nexo Team


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