The tweet was deleted by the author.
But we saved everything 🙂.
Nexo introduces flexible ADA savings and collateralized borrowing options
Nexo has introduced options for users to earn interest on ADA through Flexible Savings with no lock-up period or to borrow funds using ADA as collateral. The announcement also notes coverage of Cardano's distinct features and related risks.
Leading Forex Broker in United States
7.7/10
*Rated by real traders on Traders Union
- Chosen by 2 400+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
Nexo announced that users can now earn interest on Cardano (ADA) tokens through a Flexible Savings feature that does not require a lock-up period or the selection of a stake pool. Additionally, ADA holders have the option to borrow against their tokens without selling them. The broker’s post also referenced coverage of Cardano’s unique characteristics and associated risks, but did not provide further details regarding rates, eligibility, or specific terms.
View post on X Loading...
How to join the promotion
To participate in Nexo's ADA Flexible Savings and borrowing options, users need to create an account on Nexo. After registering via the official sign-up link, deposit ADA to your account. You can then choose to earn interest with flexible savings or use your ADA as collateral to borrow funds, following Nexo’s platform instructions.
Nexo is a cryptocurrency exchange and financial platform established in 2018, offering integrated custody, exchange, and lending services for digital and fiat assets. Key features include crypto-backed credit lines, a unified digital wallet, instant asset management, and the Nexo Card for crypto-backed transactions, along with tiered loyalty programs and mobile access. For more details, visit the broker profile on Traders Union: broker profile on Traders Union.
In the previous Nexo update on Traders Union, the broker was reported to be trading in a tight range amid mixed technical signals and heightened volatility, with price action hinting at a potential breakout or further retracement. For a detailed look at last week's analysis and technical setup, see the earlier news about Nexo here.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Subscribe to TU news
Did you like the article?
Top News
Top 5 companies for you
United States
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
Live News
