Litecoin Now Available for Nexo's Instant Credit Lines
As a result of the poll, Nexo listened to the voices of people, including Litecoin as the newest guarantee alternative as part of Nexo's instant credit line.
We are thrilled to announce Litecoin as the newest collateral option for Nexo’s instant credit lines.— Nexo (@NexoFinance) 29 Maret 2019
LTC holders can now access instant cash in 45+ fiat currency while keeping the upside potential of their #LTC!
https://t.co/hqq0TtRbK9
Why Choose Litecoin (LTC)?
Litecoin (LTC) has made a name for itself from the time to time in the cryptosphere, the speed of adoption and the transaction making it the 5th largest cryptocurrency, and the 4th largest coin.
The journey of the LTC began in 2011 by Charlie Lee, the structure was designed on an unlicensed and highly decentralized system. This transaction is prioritized for privacy, cheap, instant, and its function by ignoring typical international financial restrictions.
Litecoin has reached $ 61.56, up 0.9%, raising its market capitalization to $ 3.78 billion.
LTC always focuses on using the decentralized structure of tokens as a way of global financial inclusion and freedom. This mission makes it the perfect choice to be included in Nexo guarantee options.
What Litecoin (LTC) means for Investors
This inclusion will allow LTC holders to borrow cash with their assets as collateral, as opposed to selling these assets directly when they need instant cash.
This inclusion greatly increases LTC utilities, reduces HODLing pressure and sales.
Very important, inclusion as a credit line significantly increases the efficiency of the tax system.
Some of the advantages of NEXO's most superior credit line system include:
- Withdrawal of local banks on the same day
- Funds are insured by Bitgo, worth $ 100 million for cryptocurrency.
- Loans start at $ 500 - $ 2 million
- 8% interest only on funds used
- Instant approval, without credit checks
- Available in more than 200 jurisdictions throughout the world.
- Can be traded with 45 fiat currencies
- Does not fix transaction costs or hidden costs.
Earn Interest
"Get interest" has been proposed to reward investors with interest as high as 6.5% on their tablets, this product is open to investors in all jurisdictions available throughout the world. In addition, there is no period when the funds are locked or cannot be repaired.
Interest rates are currently the best in the industry.
Source: Nexo Twitter, Bitcoinexchangeguide
