Nexo Shares Positive Testimonials From XRP Users One Week After Launching Lending Service

Nexo Shares Positive Testimonials From XRP Users One Week After Launching Lending Service
фото показано с : blokt.com

2018-10-29 19:49

Crypto lending service Nexo became the first to accept Ripple’s XRP as collateral on October 22. By the end of that week, Nexo had listed a few of the happy testimonials it had received in a new blog post. The service claims that it is overwhelmed by the response it has received from the blockchain community and suggested crypto users to #HODL their investments.

Happy Customers for Nexo!

The lender shared some happy testimonials from its customers on its blog and shared the news on Twitter. It wrote:

“As the first-ever crypto lender to start accepting #XRP as collateral, we have been swamped by positive feedback from the #Ripple community. Here is a collection of the testimonials of some of the instantly happy XRP holders and clients! #HODL”

XRP Loans for Crypto Users

Nexo writes that it has received a huge inflow of corporate as well as individual XRP users who sought Nexo loans by keeping their crypto holdings as collateral. The loans ranged between $1,000 to $2,000,000. The service provider goes on to suggest that it is humbled as well as thrilled by the recognition it has received from the XRP community. The firm went on to share some testimonials by clients.

One customer praised being able to get a loan of 30 percent on his holdings in just one day. He also some SEC compliant NEXO ERC20 tokens. Another user praised the firm for helping to remove the selling pressure from HODLing and providing a more tax efficient model.

Nexo is an advanced crypto loan providing platform that currently provides services in over 200 jurisdictions and over 40 fiat currencies. The security of the funds is guaranteed by BitGo, the only SEC-approved custodian in the space. Account with the firm can fetch users a loan of between $1000 and $2,000,000.

The firm first allowed users to get a loan against their XRP holdings earlier this week. The loans are disbursed instantly and help users to HODL. Whenever the users need cash, they can collateralize their crypto holdings with Nexo and get the necessary loan without selling their coins.

Nexo Shares Positive Testimonials From XRP Users One Week After Launching Lending Service was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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