Nexo early this month expressed how happy they are to see that the ZeroFees initiative, which they pioneered in the last year considering the financial well-being of their clients in mind, is bringing improved value than ever in the current moment. Nexo further stated that it adds to the finest user experience without any withdrawal, transaction or hidden fees.

Nexo Tweeted:  “We asked, you answered! Despite the recent price drop, 53% of you believe that #BTC will see $11k 6 months from now – proof that the #crypto community will come out of the temporary setback stronger.  #HODL your precious assets with Nexo’s Instant Crypto Credit Lines™!”

Nexo state that they are here to provide a lending hand for the miners as the mining business is recovering from the market turmoil.  Of the initial ideals of Nexo, the chief of them was to provide miners with the cash required to run operations and therefore miners will not have to sell their crypto.

Sydney Ifergan, the crypto expert tweeted:  “Nexo is good at helping unlock the full value of BTC without having to sell it. A feedback on the tax efficiency of the Nexo Credit Lines is something that real time users should vouch for.”

The miners and their response rate after the Forth Coming Bitcoin halving will provide for real time testimonials and market efficiencies.  With real time testimonials and when miners say that the Nexo Finance Works for them, the cryptocurrency space is going to line up for Nexo Credit Lines. Proving sustainability!

Nexo in Cryptocurrency Turnover

There are an increasing numbers of investors who are willing to hold NEXO for a longer period of time.  They are willing to benefit from the price rise.  So, when it comes to facilitating as a power player in cryptocurrency Nexo is the King. Those who are willing to hold can continue to hold their Bitcoin and they can borrow against it.  Thus, they will not lose out on the benefits accumulating by going long on their crypto.

Crypto investors love the credit lines as they are timely and tax efficient.  The 5.9% APR does not have a player at par in the blockchain industry in finance.

Investors know that it is exponentially beneficial to hold Bitcoin.  The value of the Bitcoin increases with each halving.  And with the Nexo Credit Lines investors are able to benefit by holding their crypto for long at the same time get some needed liquidity out of it.