Antoni Trenchev, co-founder and managing partner at NEXO Finance, expressed: Bans are only as effective as countries are united. The India ban is a non-event. Only a coordinated G20 effort can cause damage to BTC, but the signs are to the contrary. $100k is inevitable, although it won’t be as smooth a ride as 2020 would suggest.
With new policies and regulations coming from the EU and Asia, North America could be poised to be the forefront of crypto. Regulators need to work with the space to create an equitable policy that works for all.
Despite market volatility, crypto is making big waves in mainstream finance. As a result, it’s a meaningful time to build and create strategic partnerships in the space. That’s exactly what we’re doing.
While newcomers to space may be sweating – this market movement is typical. It’s a great time to explore and invest in new projects. In crypto, fluctuations and cycles occur. However, long-term holds have historically reaped maximum benefits and rewards.
The NEXO Token has been recently made available for trading on the Polygon network, thanks to our partners over at QuickswapDEX. We aim to make our native token more accessible across DeFi platforms, and we will be focusing on more such listings in the near future.
NEXO are continuing in their mission of identifying innovative projects, and therefore they have made a strategic investment in Qredo alongside Coinbase, Figment, and Ledger prime. Thus, institutional investors come closer to the decentralized ecosystem.
NEXO makes it a priority to eliminate the dichotomy between CeFi and DeFi, this creating a more accessible crypto experience and NEXO Token trading. NEXO is further planning to bring in referral programs. Cryptocurrencies affect policy matters very deeply. With crypto going mainstream, countries which create a favorable cryptocurrency infrastructure will be the king in the forthcoming financial future.
In the future, we will be able to see heavy crypto sponsorship, and eventually, young retail investors will be entering the cryptocurrency space.
Antoni Trenchev in the past expressed: “I would argue just from a financial perspective, and the way that the business is structured that we are safer, especially for the larger clients, than your average bank,”
Community Concerns About Nexo Finance: Nexo Customer service is an abomination. I made a simple swap two months ago that is still pending, and I cannot get help. Nexo makes customer service a game of keep away. The agents who take fire know nothing, have no power, and cannot transfer you to a supervisor.
I tried borrowing at Nexo. Although I have a risk appetite, crypto borrowing makes me restless. The 24/7 running market makes it harder significantly when prices decrease. I prefer lending at a traditional fiat bank based on income
Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9
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