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Nexo Pays 5% Interest On BCH Deposits

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Written by   91
5 months ago

Nexo, a leading cryptocurrency Savings Account and Collateralized Loan services provider has approved BitcoinCash (BCH) as one of the crypto assets which now attracts a daily 5% compound interest based on the present daily account balance.

The interest is paid on daily basis before the end of the working hours of Nexo.

All you need do is to deposit your BitcoinCash to your insured and secured Nexo Savings Account.

Your asset is secured and insured up to $100m by audited custodian, BitGo.

What makes the Nexo Savings Account fantastic is that there is no minimum deposit requirement, your BCH attracts the interest immediately and you can withdraw your savings at anytime with no fees. There is no lock-up on your BCH.

Another benefit of saving your BCH with Nexo is the fact that the asset can be used to facilitate instant loan from Nexo at 5.9% APR which is far better than most banks savings interest rates.

Yo have access to the fund immediately in your local bank account or through stable coins approved by Nexo.

Repayment is easy, no minimum repayment amount and no hidden fees attached.

A good investor makes his money work for him. This is a very huge and real investment opportunity for everyone to embrace.

I equally see this development as a tool for promoting BCH for mass adoption worldwide.

To know more about Nexo's Savings Account, visit: https://nexo.io/

Stay with me for more current news on crypto investments by subscribing to my page.

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Comments

Probably a good thing to mention that you have to keep Nexo tokens to the value of 10% of your portfolio. I have an account for all my Crypto that I am not actively trading and I am very happy

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2 months ago

Thanks for the upvote. It is well appreciated.

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2 months ago

It's an article that I would have normally approved, but it has an affiliate link, which I don't approve. So if the link is not removed I won't approve the article, sorry :(

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5 months ago

Thanks for the correction. I have edited the article and the link has been removed.

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5 months ago

You misunderstood me, I think the article needs a link, just not an affiliate one. A direct one, like this https://nexo.io/

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5 months ago

Ok . should I add the direct link now. Thanks.

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5 months ago

I appreciate your upvote. It is an encouragement for me to be more active on the platform . Thanks.

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5 months ago

Nexo is cool, but you should check out Celsius. It actually has better terms than Nexo. More yield and less limitations.

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5 months ago