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You need a crypto wallet to access and buy new coins and tokens. But Zengo does more than your average NEXO wallet. Analyze the market, trade, buy, send or receive NEXO at any time with just a few taps. Here are a few things you can do with your Zengo wallet:
You probably know by now that the market for cryptocurrencies can change in a few minutes. The best way to stay on top of fluctuating marketing conditions is to keep a close eye on your portfolio. Zengo lets you view and control all the coins in your portfolio as well as historical charts directly from your mobile phone.
Active participants in the Nexo community need the flexibility to send and receive Nexo at any time. Zengo lets you send NEXO to anyone with just a few taps from the home screen. If you are the recipient, just share your address with the sender, and you’ll receive a notification as soon as the coins arrive in your wallet. There are no fees, no limits!
Zengo is a simple and safe way to get started with Nexo and other supported currencies. Swipe the NEXO asset on your home screen, follow the prompts, select your preferred payment method and buy!
With Zengo, you can buy NEXO with real fiat currencies (US dollar, pound sterling, Euro) at any time. There’s no red tape and many payment methods to choose from, enabled by trusted payment partners.
You can purchase NEXO through our trusted and fully vetted payment partners. There are several convenient payment options, including major credit cards, SEPA, mobile payment apps, and even bank transfers (if you are based in the UK or EU, with applicable minimum amounts).
If you see the currencies in your portfolio gaining traction, you might want to hang on to them until you can cash in for a big payout. This is called holding (or, in the crypto world, HODLing). Zengo will keep your coins securely in your wallet until you are ready to transact.
You don’t have to limit yourself to NEXO when you use Zengo. You can trade NEXO for any of the dozens of supported assets available in Zengo, including Tether, Bitcoin, DOGE, Ether, and Shiba Inu.
Interested in earning interest? Zengo’s savings service enables investors to earn interest on their investments. This only applies to specific coins at present, but new currencies are added regularly, so watch this space!
Nexo is an interesting crypto token to explore. Here are ten things you should know about NEXO:
Nexo is the world’s leading regulated digital assets institution. The company’s mission is to maximize the value and utility of cryptocurrencies by offering an Exchange service with 300+ market pairs, tax-efficient Instant Crypto Credit LinesTM, a high-yield
Earn Crypto Interest suite, and sophisticated trading and OTC capabilities
Kosta Kantchev, Antoni Trenchev, and Kalin Metodiev, CFA created the company. The three of them have decades of experience in fintech, corporate finance, and entrepreneurship and founded Nexo with the goal of providing quality financial services using the potential of blockchain technology.
Nexo was created to resolve a number of digital asset ownership issues. By providing secure access to fiat currency loans (in USD, JPY, or EUR) but allowing investors to hold their crypto assets, investors enjoy greater liquidity and flexibility from their valuable digital assets.
Anyone can take out a loan with Nexo, provided they have a Nexo-compatible wallet and register on the Nexo platform. There are no credit checks, but you need some form of collateral and have to verify your identity online.
Nexo was launched in April 2018 after an oversubscribed private token sale and issued its first crypto-backed credit line shortly after. As a natural extension to the lending product offering, Nexo recently rolled out the Nexo Card in partnership with Mastercard — the only card that lets its users spend while keeping their digital assets.
Until today, there’s a circulating supply of 560,000,011 NEXO Tokens and a maximum supply of 1 billion NEXO coins.
The Nexo platform runs on the Ethereum blockchain. Tokens are issued under the ERC-20 standards.
Nexo has a vibrant community that meets at real-life events, chats online and shares insights. You can find out more at nexo.io/community, or join the Twitter and Telegram official communities.
While you can’t make retail purchases with Nexo, you can gain access to fiat loans or apply for a Nexo credit card that is accepted by over 40M merchants worldwide and offers 2% cashback bonuses.
You can mine NEXO with an ASICs mining rig, which can be quite pricey. It’s far more profitable to acquire your NEXO through trading.
NEXO encourages users to HODL their coins through buyback, loyalty, and interest programs.
NEXO coins held as collateral earn interest.
Borrowing rates on the NEXO platform start from 0%.
NEXO tokens aren’t burnt, but they are removed from circulation for a number of years as part of the NEXO buyback program to increase its value.
Holding NEXO tokens gives users the ability to participate in Governance votes, with 1 NEXO = 1 Vote.
Co-Founder Antoni Trenchev is a former member of the National Assembly of the Republic of Bulgaria.
Nexo offers its services to clients in over 200 countries.
Nexo has one of the most comprehensive insurance protections on custodial assets, currently sitting at $775 million.
Nexo was the first crypto lender to start offering NFT-backed loans against Bored Apes and Crypto Punks.
Zengo is a one-stop-shop for all your cryptocurrency needs. The wallet has several unique features that make trading a breeze, whether you are highly experienced or a complete beginner.
With Zengo, you can access your crypto portfolio at any time. Buy, trade, view, or send Ethereum to friends and family on the go, whenever you need to. Unlike other wallets, there are no minimums, no maximums, and no expensive transaction fees. Just safe and simple transacting.
We know how important security is when it comes to crypto trading. Zengo uses best-of-breed technology to protect your coins. By combining safeguards that include facial recognition, threshold key signatures (TSS), and
3-factor authentication, your wallet is highly secured at all times.
Many wallets keep a tight leash on their clients’ tokens, but not Zengo. You’re always in control and can buy Ethereum or other cryptocurrencies at any time without penalties or transaction fees.
Zengo will be able to restore access to your wallet and your coins through its authentication methods. If you lose your device at any time, our helpful agents will help you recover access in no time.
At Zengo, we love automation and technology but not for our helpdesk. Find live support agents directly in the app, whenever you need them. We’re available 24/7. Zengo will help new crypto investors every step of the way.
Making profitable deals takes a little trial and error, but Zengo makes it as easy as possible. When you download the Zengo app and follow the prompts to verify your identity and email address, you’re ready to get started. You can buy crypto with a simple swipe right from the home screen!
The most important thing you should look out for when you are storing or holding your coins is safety. Zengo’s strict authentication protocols are a surefire way of keeping your coins safe in your wallet until you are ready to trade.
An Ethereum wallet is the means you would use to access coins on the blockchain. Your wallet is like an access card you use to prove your identity and ownership over the coins, which is why picking a safe and reliable wallet is so important.
Zengo has made setting up a wallet as simple and user-friendly as possible. Here’s how you do it:
Now you can buy and receive cryptocurrencies. It really is that easy!
Your ETH wallet address can be found inside the app. Just tap an asset on your home screen. Now, swipe right. You’ll see some numbers and a QR code – that’s your wallet address. You can share this address with others that want to send you crypto coins.
Sending crypto to someone else is very straightforward. Tap on the asset you want to send in the Zengo app, then swipe left. Enter the wallet address and the amount you’d like to gift them. Just hit Send, and they will receive the coins. If they do not have a crypto wallet, you can send them an invite. Once their wallet has been created, you can send as much ETH as you like!
Setting up the Zengo app automatically sets up your wallet for you. All you have to do is install the app, follow the easy prompts, and you can start. Your wallet address is generated automatically.
Send ETH to a different wallet or exchange with a few simple clicks! Tap the asset on the home screen, swipe right, enter the destination address, and hit send. That’s all there is to it!
Anyone who has your wallet address can send you coins. You’ll find this address on your home screen by tapping an asset and swiping right. Once they’ve sent you the coins, you’ll receive a notification that your wallet has coins in it. You can trade with them right away.
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