Nexo Borrow: Taking Out Crypto-Backed Loan w/ Examples + Nexo App Walk-Thru (No Credit Check)

This video is an ultimate guide on the Nexo loan feature and walks through how borrowing on Nexo works, details all the things that aren't advertised, and explains everything with easy to understand example scenarios. Please like and subscribe if you enjoyed the video!

**Stuff I Use**
Get the Nexo card: https://nexo.io/nexo-card?referral=8w...

Sign up for Nexo app and Earn Up to 8% on BTC: https://nexo.io/ref/lldurqufiv?src=io...

Use NordVPN to securely navigate the cryptoverse. Sign up here (aff. link): https://go.nordvpn.net/aff_c?offer_id...

BlockFi sign up aff. link ($10 BTC bonus after funding $100): https://blockfi.com/?ref=be166a29


**Useful Resources**
Nexo Borrow: https://nexo.io/borrow

Loan repayment: https://support.nexo.io/hc/en-us/arti...

First payment: https://support.nexo.io/hc/en-us/arti...

Zero-cost loans: https://support.nexo.io/hc/en-us/arti...

LTV explanation: https://support.nexo.io/hc/en-us/arti...

Loan interest rate: https://support.nexo.io/hc/en-us/arti...

Loyalty program: https://support.nexo.io/hc/en-us/arti...



0:00 Intro
0:24 Brief overview
0:57 Collateral doesn't earn interest
1:30 Loan-to-Value (LTV) ratio explained
3:30 Liquidation when borrowing on Nexo
4:31 Loan interest rates and loyalty tiers
5:28 Loan repayment (and caveats)
6:27 Example 1 (Borrowing w/ BTC)
8:00 Example 2 (Liqudation)
9:47 Example 3 (Early repayment platinum)
11:47 Nexo app borrow walkthrough
13:51 Outro






#Nexo #NexoBorrow #CryptoLoans





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