It Is Time To Take As Much Advantage Of These Crypto Lending Platforms While We Still Can

Aren't out elected officials the best?!

I would like to start by looking at the chart of the Nexo token. This looks like it is not slowing down anytime soon!

It is no secrete that lending platforms such as BlockFi, Celsius, and Nexo have all been under fire lately for offering interest to their clients in exchange for allowing the companies to lend out their crypto. Seems like a fair deal right? I mean, banks get to take our money and lend it out to people! What a great system we have here. As much as I hate the fractional reserve system, it seems we do not have a choice but to deal with it. In my opinion, these high interest platforms will not be around much longer. Sad, but true. There will still be certain DeFi platforms to use, but I for one do not trust putting any substantial amount of money into DeFi protocols- because you never know what could happen.

With all of that said, there is still time to take advantage of the high yielding lending and borrowing platforms available- with a focus primarily on Nexo. Now I know this is not the most well known of these platforms, but I consider it the best bang for your buck. Let me explain why.

First off, what differentiates this platform is that it allows you to deposit a wide variety of well known projects, and instead of needing to lock away one specific token for a loan, Nexo creates a credit line for you based on what you have available. Not only that, Nexo also has a credit card of sorts, in which you can spend against your crypto without having to go to the app to take out a loan. To me? This is a game changer. Also, Nexo offers an easy route to their highest tier (which provides you with the highest interest rate, as well as a lower rate when borrowing). UNLESS you live in the states of New York, Kentucky, or Texas- you will be able to take advanced of these rates!

That said, I am in Texas. Although I am not able to earn interest on my crypto, I still use this platform for a variety of reasons. One of these reasons is that instead of taking out a $10,000 loan required by BlockFi, you can take out a loan of as little as $50! In addition, I am also in the highest tier, which still allows me to borrow at a very reasonable rate. 

Last but not least.... From now until November 30th, Nexo will be offering an absurd 17% interest on your Polkadot! This is a no brainer to take advantage of everyone!

If you would like to sign up for Nexo and earn $10 free Bitcoin, sign up using the link bellow!

For a more in-depth review, I have attached the link to my full review on YouTube: https://www.youtube.com/watch?v=JlsBOsPjou8&t=1s

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Best regards,

Mr. Nice Guy Crypto