What Are the Risks of Borrowing Against Crypto on Nexo?
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Borrowing on Nexo comes with risks. If the value of your collateral falls below a certain threshold, your loan can be partially or fully liquidated to protect the platform. Volatility in crypto markets can trigger margin calls, so monitoring your LTV ratio is crucial.
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Leveraging crypto always carries liquidation risks—plan carefully.
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Market dips can hit hard if collateral values fall too fast.