You asked, we delivered. $BUSD and $BNB are now available for transfers via the Binance Smart Chain. Hop on the BEP-20 low cost top-ups ➡️

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There’s a lot happening around Nexo these days. We thought we’d clear the air the best way possible – it’s AMA time! @AntoniNexo will be joined by @Kalin_M7 for a fact-checking session regarding all the latest developments. Nexo October AMA: FAQs 🗓 October 4, 16:00 BST ⬇️ Submit your questions by 12 PM BST on October 4

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🔔You can set a reminder for tomorrow, using the link below. 🎥

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The #EthereumMerge was a success. Today our #ETHchange promo follows suit with 11 participants who won a total of 15 #ETH. 🤯 Your rewards will land in your Savings Wallets by the end of the day. Time to celebrate! 🥳

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🔔 Introducing Binance's $BUSD on Nexo and Nexo Pro! ✨ Offering security and flexibility to any portfolio, the stablecoin employs the full range of products in our ecosystem. 💡 Learn more about how to best utilize our latest reputable listing.

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Opening up the stables for another crypto stallion. Any guesses?

In a transformative move for the industry, Nexo has acquired a stake in US federally chartered Summit National Bank, becoming its preferred digital assets partner. The deal further expands our US footprint, unlocking more innovative products at the intersection of traditional finance and blockchain technology for our American retail and institutional clients. Our combined efforts will deliver services such as bank accounts, enhanced lending, card products, escrow, and custodial solutions, utilizing Summit National Bank’s regulatory safeguards and payment infrastructure. Founded in 1984 and regulated by the Office of the Comptroller of the Currency, Summit National Bank is on a path to reinventing itself as a modern digital FinTech institution. This landmark partnership, strengthened by the appointment of our Co-Founder Kalin Metodiev, CFA on Summit National Bank's board, will greatly enhance both institutions’ offerings on the quest to better unlock value for digital asset specialists in a compliant and beneficial manner. Read more on the exciting development: Nexo Acquires Stake in US Bank

Digital identity, art, video games – NFTs are a tectonic blockchain concept. Let's give them some proper attention. It’s AMA time! This month's session will be minted by @AntoniNexo and @KryptoKiril. The topic – our #NFT Lending Desk. Your inner degen is in for a treat. AMA September 2022: Nexo NFTs & Lending Desk 🗓 Sep 23, 16:00 BST Where does the industry stand and what’s next for NFTs on Nexo? There’s much to discuss. Submit your questions 👇 by 14:00 BST on September 21.

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Do yourself a favor and set a reminder, using this link. 👇 🎥

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In this patch of your weekly #Dispatch: 🔹 #Ethereum is now Proof of Stake 🔹 Global electricity consumption down 0.2% 🔹 A bad #inflation surprise

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Starting today, @SweatEconomy's $SWEAT will be pacing up and down Nexo and Nexo Pro. This hot listing is eligible for top-ups and withdrawals, swaps, borrowing, Nexo Card spending, and buying more with less using the Nexo Booster. Ready to walk the walk? 👉

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A day to remember. Celebrations are in order, wouldn’t you say? Commemorate the #EthereumMerge with our #ETHchange promo. Each $100 $ETH swap brings you one step closer to the 10 #ETH grand prize. 👉

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A hint as to what's coming to the Nexo platform tomorrow: 🏃‍♂️

The #EthereumMerge – one of the most technically and socially challenging projects of our time – was a resounding success! Everything is fully operational on our side and we have resumed all transactions.

Tomorrow, September 15, @AntoniNexo will join @YvonneManTV, @RishaadT, and @DavidInglesTV for a lively pre-Merge chat. Tune in on one of the biggest days in #crypto history. 📺 03:40 AM BST, BloombergTV

🔉 Merge / Paris upgrade reminder ⏰ Estimated time: Sep 15, 04:56 BST The proper processing and safety of your funds is our highest priority. With that in mind, note that we will be temporarily pausing all ETH and ERC-20 top-ups and withdrawals. The halt shall commence a few hours before the Merge. Regular operations will be resumed, once we make sure everything is running smoothly – we expect this to be within a couple of hours after the event. Check in with our socials for timely status updates. Swapping and borrowing against ETH and ERC-20 tokens will be possible at all times. Margin traders on Nexo Pro, please note that, in the context of forked assets, your long/short positions will be treated as debit/credit balances respectively.

In this patch of your weekly #Dispatch: 🔹 Nexo unveils a revolutionary #trading platform 🔹 Institutions just keep coming 🔹 Are #games the next big thing for adoption?

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Elevating the $NEXO Token through new utilities and initiatives such as our latest buyback program shall remain crucial, going forward. 📈 Wondering how our native token gives you value? What happens to the tokens we’ve bought back? Find out below.

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Introducing Nexo Pro – our advanced trading platform. 🔹 Market, limit, stop loss & take profit orders on 400+ pairs 🔹 Margin & futures trades 🔹 Automated TWAP strategies 🔹 Deep liquidity from 10+ venues Level up with 50% off trading fees by Nov 30. 👉

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Nexo Pro looks for the best price and best execution so you don’t have to. Switch from earning and borrowing to advanced trading at no cost, and dive into deep aggregated liquidity – a tool previously available only to institutional clients. Read more on our blog:

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Merge Update: Nexo to Support the Distribution and Trading of Forked Tokens Our community has been asking about the Merge and whether we would support forked tokens. Here are our plans. In the event of one or more PoW forks, we would support the distribution and trading of the forked tokens directly on the Nexo platform, subject to certain conditions. The forked tokens would be available for trading on Nexo immediately after they start trading on at least one of the leading trading venues we partner with. To ensure funds’ safety, we will briefly pause ETH and ERC-20 token top-ups and withdrawals on the Ethereum and Polygon networks on: 1️⃣ Sep 6, at ~ 10:30 AM UTC for the Bellatrix upgrade on Ethereum only & 2️⃣ Sep 10-20 (precise time depends on the PoW hash rate) for the Paris upgrade on both Ethereum and Polygon. Swapping and borrowing against ETH and ERC-20 tokens and sending/ receiving assets from other networks will be possible at all times. For more information about Nexo’s position and this exciting transition, read our blog.

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Consider these two newcomers as a homage to the upcoming merge. It’s Lido (LDO) & Ethereum Name Service (ENS) – two very special projects within the Ethereum ecosystem. You can now buy & swap with rewards, top up, borrow against and spend the value of your $LDO and $ENS with the #NexoCard. 👉

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Тwo new assets coming your way, both at the heart of a flourishing Ethereum ecosystem. Any guesses?

And it’s 🏁🏁🏁🏁 for the #ReferralRace! An adventure of epic proportions draws to a close. We hope you made lots of new #crypto friends along the way. The final leaderboard awaits below.

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Today we are announcing our third $50М Buyback. 🎉 Thе allocation is a result of our solid liquidity position and readiness to spur on our own products and community as the NEXO Token comes to play an increasingly important role within our ecosystem.

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Nexo’s Approach to the Ethereum Merge 1️⃣ We fully support Ethereum’s new PoS era. 2️⃣ In the event of PoW forks, we will evaluate the logistics and support for distribution. If the network is healthy and has significant user value, we'd send the forked tokens into your accounts. 3️⃣ As a precaution and to ensure funds’ safety, Nexo will briefly pause new ETH and ERC-20 token top-ups and withdrawals during the Merge. 4️⃣ Swapping and borrowing against ETH and ERC-20 tokens and sending/ receiving assets from non-Ethereum networks will be possible 24/7. 5️⃣ The Merge culminates years of work towards a greener and more scalable Ethereum. No action is required to upgrade on your part and your assets will be secure, as always. Click here to learn more 👇

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Bear markets are for building. Join Antoni Trenchev, Co-founder & Managing Partner and Yasen Yankov, VP of Product Development, for a special AMA session, as they lift the curtains on our cutting-edge product, Nexo Pro, before its official release. Save the date and submit your questions by 15:00 BST on August 23 and we will answer them live on YouTube. 👉

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Get exclusive details and learn what makes Nexo Pro stand out in a crowded space. 🔔 Set a reminder, using this link:

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In this patch of your weekly Dispatch: 🔹 A path for crypto to tap central banking 🔹 A Tornado Cash dev gets arrested 🔹 $10M+ transfers dominate the BTC network

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If the crypto market was a weekly TV show, the writers truly outdid themselves in the last 100 episodes. We also played our part, building and delivering across all seasons. Let’s look back on it all in the anniversary 100th patch of your weekly Dispatch.

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New day, new way to diversify. Well, two new ways. A warm round of applause for FTX's $FTT & Huobi's $HT! The two exchange tokens land on Nexo with the option to buy, top up, swap, borrow against and use as Nexo Card collateral.

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An eventful Q2 is behind us. In the next few days we’ll highlight the novelties and upgrades we brought to the ever-expanding Nexo universe. Our first stop will be the latest buyback and upgraded insurance. Buyback Complete – May 18 marked the successful end to our $100M Buyback program. All repurchased tokens will be put toward investments in strategic targets, as a reflection of our dedication to sustainable growth. $775M Insurance – A fundamental pillar to our business model, our insurance went through a significant increase during this Q. Our robust policy, together with the efforts of our world-renowned partners, resulted in a bump to our total insurance on custodial assets to $775M. Get the full picture on our blog 👉

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A bit of optimism goes a long way. With that in mind, Optimism's $OP is live on Nexo. You can now do 0% fee card purchases, swap, borrow against, and back your #NexoCard with a dose of Optimism. Learn about our new listing and how best to utilize it.

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In this patch of your weekly Dispatch: 🔹 Collectible avatars on Reddit 🔹A 151-year-old bank opens a MakerDAO vault 🔹Nexo’s proposed Vauld acquisition

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Attention, #NexoCard holders, we’ve increased our cashback rates: 2% in $NEXO or 0.5% in $BTC for all. Regardless of your loyalty tier and for a limited time only. Summer shopping, anyone?

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Starting today, buy #crypto with 0% fees. Ze-ro. Need we say more? Enjoy the limited-time promo with your debit or credit 💳.

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4th of July is around the corner and a number of our US-based partners will be taking a break. We expect to see delays with some transactions, made between the end of the workday on July 1 and July 4. All fiat credit line withdrawals, and USDx wallet top-ups and withdrawals will be affected. As always, crypto and stablecoin withdrawals, as well as stablecoin credit lines, will remain available. Please plan your transactions accordingly.

The latest, hugely insightful AMA session with our Co-Founders Antoni Trenchev and Kalin Metodiev, CFA, is now available at your fingertips. The fundamentals of our operations, business philosophy and vision for the future – it's a read worth every minute.

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Consolidating the space so it can grow. Nexo is working with Citi on the strategic provision of liquidity to those that need it so that their clients who got hurt can recoup their funds. Financially strong, Nexo feels an obligation to lead the charge.

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#NexoFundamentals: Real-Time Auditing 🔍 In a pioneering move for the space, we became the first crypto lender to publicly open its books through an independent, real-time audit. The attestation shows that your assets are fully-backed, properly managed, and always available. An industry standard we encourage more crypto platforms to follow, our real-time audit is available here 👇

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We are a few hours away from our AMA: Nexo Fundamentals – Business Model & Growth Plans. 🎥 Tune in at 6 PM BST, when our Co-Founders Antoni Trenchev & Kalin Metodiev, CFA, will answer the burning questions of the hour. Don’t forget to set a reminder 👇

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Confidence comes from clarity. Starting today, we’ll highlight the five foundational principles behind our sustainable business model, designed to protect your assets regardless of market conditions. #NexoFundamentals: Insurance 🛡

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We have increased the combined insurance of the Nexo Wallet to $775M, making it the most comprehensive insurance on custodial assets in the #crypto space. Find more details on our blog below.

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“We’re planning on helping remedy the situation for the entire ecosystem (…) Acquisitions and consolidation is where we’re heading.” This and much more from Antoni Trenchev’s interview on BloombergTV from earlier today.

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Nexo has $0 exposure to Three Arrows Capital. Nexo has always differentiated itself from others as being a very conservative lender with stringent risk management and strict over-collateralization requirements, regardless of borrowers' reputation. Оver 2 years ago, we declined 3AC’s request for unsecured credit. We learned that they acquired it elsewhere. It is now obvious that Nexo’s approach was correct. This is why our assets exceed our liabilities:

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All Nexo products are operating normally – Borrow, Earn, Exchange, the Nexo Card. As always – deposits and withdrawals are processed instantly so that all of you can make the necessary arrangements in this latest downturn in the markets. Nexo is the first and only blockchain finance company to have a real-time audit of its custodial assets, showing that the company’s assets exceed its liabilities at all times which attests to Nexo’s liquidity and ability to meet all of its obligations. The Nexo team has never cheered for the failure of any blockchain business but we have warned that operating a sustainable business model based on prudent risk management is what differentiates Nexo and allows us to maintain financial stability in any market circumstances. As a sign of goodwill and in an attempt to support the digital asset ecosystem in these difficult times, yesterday we reached out to the Celsius team to offer our support, but our help was refused. We firmly believe that much can be done to help Celsius’ clients. Nexo is in а solid liquidity and equity position to readily acquire any remaining qualifying assets of Celsius, mainly their collateralized loan portfolio. We are putting together an offer to Celsius to that accord and will communicate it publicly.

Update: our platform is fully operational after some of you may have experienced difficulty accessing it. We apologize for the inconvenience. In the unlikely event that issues persist on mobile devices, we recommend an app reinstall.

Nexonians, we are aware of a technical issue you may experience when loading the app or the web platform. Our team is already looking into it. We will keep you duly updated in the comments below.

We're introducing a few changes to some of our Earn Crypto Interest rates on July 1. You can find more details below.

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Per Terra’s distribution plan, we've deposited the first 30% of the LUNA airdrop in your accounts. Make sure you disable Hide Zero Balances, so the assets are visible. We will continue to distribute the remaining LUNA on a quarterly basis. We appreciate your support & patience.

$RUNE lands on Nexo with a bang – an exclusive 18% APR for a limited time only. ⚡️ You know the rest – borrowing at 0% rates, instant swapping, buying with a card for #crypto rewards, and getting cash for your day-to-day with your #RUNE-backed #NexoCard.

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Want to dip your toes in the #NexoCard swag? Now it’s even easier, because from today Gold users can also order their physical Nexo 💳 and look awesome while earning #Bitcoin or $NEXO back with every purchase and enjoying no minimum monthly repayments. 👉

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Got friends? Well, we have a $50,000 prize pool. Put the two together and you get the #ReferralRace. Each referral: ✅ Brings you both $25 in #Bitcoin ✅ Brings you closer to a chunk of the prize pool Flex your social skills and join the race! 🏁 👉

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Yes, there is no ceiling as to how many people you refer. Meaning the rewards are virtually unlimited. If you end up in the Top 5 referrers, you’ll win $5000 in $NEXO from the prize pool. Find more details on our blog 👉

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$LUNA trading on the Nexo platform has been paused due to the migration to LUNA Classic. We will resume trading as soon as we are able to post-migration. In the meantime, our team is working out the logistics of supporting the Terra airdrop and Luna 2.0 in general. Rest assured that further updates on the topic will be made shortly and that we are focused on achieving the best outcome for our users.

🚨 Earn an exclusive 13% APR on your $TRX. Here’s another reason to buy or park your @tronnetworkEN assets at Nexo. Borrowing against them, spending their value with the #NexoCard, and now – even better earn rates. See the details 👇 and join before June 20.

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