
Nexo Adds Tron (TRX) to Its Instant Crypto Credit Lines
Nexo-Tron partnership introduces the first ever TRX-backed fiat credit line to accept TRON (TRX) as collateral.
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The NEXO cryptocurrency is a digital token of the credit platform of the same name. With NEXO, each member of the platform will be able to get a loan at a minimum interest rate, and other part of the users will be able to provide a loan. The risk of losing money is reduced to zero.
Nexo-Tron partnership introduces the first ever TRX-backed fiat credit line to accept TRON (TRX) as collateral.
With the halving event just around the corner, analysts predict that BTC will continue its bull run. Bitcoin can reach $10,000 before the event.
It is likely that non-custodial lending platforms including the likes of Lendroid, Aave and Compound will continue to rise to prominence as they are well protected against hacks, thefts and even black swan events.
Nexo is delighted to announce that the Dividend Payment of US$2,409,574.87 to NEXO Token Holders scheduled for August 15, 2019, is now complete.
Crypto loans firm Nexo said they will accept the Gram ICO token from Telegram as collateral allowing customers to use the tokens as backing for its instant credit lines and planned credit card.