Binance Coin, Litecoin, NEXO, EOS, Stellar, Monero

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The combined market capitalization of all cryptocurrencies has already twice gone below $145 billion. However, it is positive that the market cap has not been making new lows recently. This shows demand at lower levels and is the first indication of a bottom formation.…

First Ever Dividends Paid to Investors by the Instant Crypto-backed Loans Provider NEXO

Photo: Nexo / Medium Though the previous year became a real challenge for numerous crypto firms and private traders, Nexo has managed not just to survive but also to successfully distribute over $900,000 in Nexo tokens (NEXO) to its holders. The company positions itself as the world’s first instant crypto-backed loans provider. It took its crypto lending model just 6 months to bring the project a net profit of $3,040,239. Recently, the project has published its interim report revealing that those people who had made investments in Nexo during or after…

Binance (BNB) And Nexo (NEXO) Launch Service Similar To Traditional Bank Loan

Nexo has teamed up with Binance Coin to offer loans similar to those in the traditional finance industry. In the new arrangement, holders of Binance Coin (BNB-USD) will be able to use the coins as collateral to access Nexo’s loans. More coins to be added Nexo intends to use the new partnership to increase the growth of the blockchain ecosystem. The company has started with BNB but has indicated that several other coins will be added as collateral for loans on its platform on a regular basis. The company has…