What is Nexo and How Does Its Borrowing System Work?

[madmax]

Nexo is a crypto lending platform that allows users to borrow cash or stablecoins using their crypto holdings as collateral. Instead of selling your Bitcoin, Ethereum, or other assets, you can pledge them to access liquidity while still benefiting from potential price appreciation.

[Abdul Khan]

Nexo simplifies borrowing with fast collateral-backed loans.

[Nahid Hossen]

Its borrowing model gives users liquidity without selling assets.