Nexo invest 50K euro on this platform, secure?

[happyjohn]

Thanks to another thread, I have now created an account on nexo.com. I haven't seen any verification process yet, which surprises me, but if there isn't one, and it's normal, I feel even better about it.

https://nexo.com/
However, can anyone vouch for this platform if, for example, I were to invest 50K euros at a 5% interest rate for three months?

 

[JohnnyDoe]

It's one of the few survivors of the 2022 wipeout. I can't tell any bad about it, but I have learned the hard way to never again lend out my crypto.

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[happyjohn]

Thank you very much for your post @JohnnyDoe it says alot. So you don't invest‌ your cryptos in stacking only earn on day trading bitcoins or whatever you do with‍ them?

 

[diatessaron]

https://www.reddit.com/r/Nexo/comments/htx8ng/nexo_link_to_zeus_capital_fraud

 

[happyjohn]

You say that Nexo is not to be⁠ trusted and that one should be cautious, yet you imply that you have around 500K⁤ USD in that wallet! Is that money you don't need and therefore don't care if⁣ they take off with it, or what should one conclude from your other posts about⁢ Nexo?

 

[diatessaron]

The story is old, but they made a⁠ move against a coin so they could cause a massive sell-off that would burn a⁤ lot of their clients.

 

[Wellington]

Wouldn’t touch it.

Connected to Bulgarian mafia either money⁣ or behind the scenes

Use a protocol instead

 

[happyjohn]

I'll pass on this as well, it seems far too uncertain. I can't afford to‌ lose 50K euros, if you @JohnnyDoe can afford to lose 500K USD, that's your business.‍ I'm not getting involved.

 

[clemens]

This thread could end up saving many people from a lot of frustration and significant‌ losses. Thanks for the information, I will refrain from investing anything in this site.

 

[jafo]

The Deltec case you mentioned a while back was eye-opening‍ AF! After reviewing the docket sheet vis-à-vis Deltec, I changed my whole playbook. 😳

Sadly, I⁠ can't convince any of my buyers in Latin America to do the same. Some don't⁤ speak English well enough to read that case, and I don't want to "cadrai forte"⁣ (roughly translated for the Anglo-Saxons = come down too hard) on my buyers and turn⁢ them off/scare them away! doh948""
I said my peace...the USD₮ is now in their court! 😉

I have one who owns several malls (not just shopping centers, but HUGE 5-story malls) who︀ is holding +8 digits in USD₮. stupi#21
I tried to bring it up, but he quickly︁ dismissed my concerns... hi%# Maybe he also has a deal with the US government since one︂ of the largest US embassies is in his country.... who knows? 🙄

Anyway, thanks for bringing︃ that case up a while back! I sleep much better now! 😉 😎

 

[AndyAresa]

hello, could you give more details, what protocol‍ are you referring to?

 

[bigdaddyleon]

I recently borrowed fiat through Nexo and deposited Bitcoin as collateral, which worked well without‌ any problems.

Personally, I wouldn't leave any money there, maybe Bondora Go & Grow would‍ suit you better for fiat.

 

[bigdaddyleon]

Thanks for the tip!

A few days ago, a campaign should have been launched to⁠ lift the monthly limit until the end of the year. This means that interest should⁤ now be paid on everything at 6.75 %.



However, I am not personally invested⁣ with Bondora, I had only read the information in a group.

 

[Wellington]

I wouldn't touch Binance these‌ days with a ten foot barge pole.

 

[Mercury]

https://chainstack.com/tradfi-cefi-defi-bridging-new-frontier-fintech/
DeFi is not safer than CeFi.

Crypto comes with risks, just DYOR and invest‌ accordingly.

 

[Wellington]

Once clicked a link on Twitter‍ thinking it was the company and okd a transaction and observed as 50k was drained⁠ from a wallet lol

I will admit I was more impressed than annoyed

 

[bubbledouble]

So in other words, you can't be that worried⁣ about them running off with your money, as you’ve indicated to others asking in this⁢ thread, right?

Your posts about Nexo seem a bit contradictory?

 

[Mercury]

It's ok‌ it's less than 1% of Johnny net worth 😉

 

[jafo]

This reminds me of all the‍ studies I had to read at University. Then, one day, some random stranger at Mango's⁠ told me, "Why don't you start by investigating who sponsored all those tobacco studies decades⁤ ago? After you are done, find out who clawed their way into the processed food⁣ industry?" smi(&% rof/%

And like that, that MoFo disappeared like Batman! That was in the early '90s.⁢ My life was forever changed. smi(&%

I would NOT believe ANYTHING that comes from Chainalysis! Their business model is to help "gang members under the ruse of government" to ROB people!︀ 😡
Does the "Thou shall NOT steal" mean anything anymore? 🙄

 

[clemens]

You could donate some of them to OCT – I bet they'd⁠ make you the next King!

My personal opinion is that no matter how much money⁤ I had, I would never gamble with half a million dollars. It seems completely ridiculous⁣ to me and not something any businessman with a sense of money would do. But⁢ I guess we're all just different like that.