The crypto borrowing and lending platform Nexo recently provided transparency into exactly how its business makes money. Its lengthy breakdown follows the collapse of numerous high-profile crypto lending firms that were overexposed to defunct projects and businesses. Nexo’s Business Model As Nexo explained in a Twitter thread on Monday, Nexo’s primary business strategy is to facilitate collateralized credit. Its core services include crypto collateralized loans, interest-bearing crypto accounts, and spot, futures, and options trading. Through its Earn product (crypto interest…
Tag: Charts
TradingView: The Best Cryptocurrency Charting Platform
TradingView is a U.S.-based provider of financial markets data charts and analysis. You can access the service via a mobile app for iOS, Google Chrome Browser App, and an Android application. The cross-platform charting product from TradingView is a significant milestone for the cryptocurrency trading industry. It allows users to get an in-depth analysis of multiple cryptocurrencies alongside alerts about developing news within the digital currency sector. This guide examines the crypto trading platform to unravel how it can be…
3 years ago 
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Beginner’s Guide to Trading Cryptocurrencies
Investing in crypto without understanding how the network works is a recipe for disaster. One needs to understand what he is getting into and learn about the specifics to track usage and growth and ultimately profit off the market. Investing in crypto is more on the lines of venture capital than public equities/stocks. Crypto fundamentals essentially boil down to major news, user growth, transactions per block (or block size), fees, confirmation time, and, most of all, security. Understanding fundamentals in…
3 years ago 1.4 k
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