Nexo sent an email to its users announcing the arrival of one of the biggest updates ever to the platform.
- The Trigger Swap immediately stands out, i.e. a function that allows you to buy or sell a cryptocurrency at the desired price. To be clearer, let's suppose we buy Bitcoin at 34k, setting it to sell it when it reaches 35k also indicating which crypto it can be exchanged for once it reaches that threshold.
- Next, for Nexo card holders, comes a really useful feature to minimize interest on loans. By activating "Low Interest Borrowing", Gold and Platinum customers will automatically see the required amount of funds move from savings wallet to credit wallet whenever the collateral value decreases.
- Algorand (ALGO) is finally listed, which can be purchased also from Google Pay or Apple Pay and from which to obtain loans starting from 0% interest.
- USDT was also introduced via the Tron network (until now there was the Ethereum, Polygon and BINANCE Smart Chain network) to reduce transfer fees and on which to earn 11% apy or 16% by receiving the Nexo token.
- Finally there are other aesthetic innovations where the new interface of the Nexo Booster (leverage) stands out, made more intuitive and simpler.
More info here: https://nexo.com/blog/whats-new-exchange-redesign-interview-and-more?j=495444&sfmc_sub=85004046&l=26_HTML&u=7738044&mid=500009431&jb=1074
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