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Crypto Thread-Bitcoin/ethereum/litecoin

Page 129 of 223

posted on 8/2/21

comment by Blarmy (U14547)
posted 8 minutes ago
Oh i just meant eclipse market cap
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It doesn't really need to, as long as the entire market cap is moving up.

BNB could 5X while Nexo 10Xs. Nexo makes ground on BNB, but doesn't catch it. The 10X is still made though.

posted on 8/2/21

comment by palmers_spur (U8896)
posted 9 minutes ago

Thanks

Sorry, is that the same as the Nexo wallet app ?
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it is this https://apps.apple.com/us/app/nexo-crypto-banking-account/id1455341917

posted on 8/2/21

Thanks

posted on 8/2/21

did the person who tried putting eth into nexo get it in the end?

posted on 8/2/21

comment by Taki Minamino (U20650)
posted 14 minutes ago
did the person who tried putting eth into nexo get it in the end?
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That was me and the answers no.

posted on 8/2/21

What did you do boris? step by step

posted on 8/2/21

Clicked top up Nexo

Copied the erc20 address.

Sent the eths.

posted on 8/2/21

https://www.quora.com/Where-is-the-best-place-to-buy-a-NEXO-token

I think I made the same mistake.

posted on 8/2/21

Copy the ETH address to https://etherscan.io/ and see if your ETH is in there. If it is, email Nexo customer services and they will push it through.. If it's not there, you might have set your GAS fee too low, in which case there are a few ways to push it through,,, But check the address first.

posted on 8/2/21

ahh, I just saw you sent the ETH to the nexo address not the ETH address, hmmm.. Did you email them, maybe they can reverse it.

posted on 8/2/21

Done.

It seems like it may be a common error.

posted on 8/2/21

As it’s an ETH wallet, there should be something they can do

posted on 8/2/21

I hope so, thanks for the help.

posted on 8/2/21

Is anyone familiar with a platform called Bitrue ? Seems another way of buying Nexo

I’m trying to follow the steps on Huobi but it’s pretty baffling. Went to deposit ETH (in order to exchange fir Nexo) but I don’t know what to do with the QR code or the scan that appears (which I’ve saved to photos.

Is there an easy way to go this as it seems you need to be pretty IT savvy for this ?

posted on 8/2/21

Comment deleted by Site Moderator

posted on 8/2/21

Can someone explain to me in Jens layman terms about nexo? I’m watching a video on it now, it mentions nexo tokens. Can I purchase Bitcoin through them to buy into nexo? Is it like a coin? I see it will soon have its own card for transactions

comment by Blarmy (U14547)

posted on 8/2/21

I did an explanation a few pages back but not sure where it is.

Ji is more clued into it. I just got a tip and had a punt on it back in 2018. Looking pretty now but I didnt do much but put some money down

https://nexo.io/assets/downloads/Nexo-Whitepaper.pdf

Thats the white paper

The idea was to allow you to take out loans against crypto assets so you didnt have to sell them to get cash.

comment by Blarmy (U14547)

posted on 8/2/21

Anyone clued up on Elrond?

posted on 8/2/21

Nice will give it a read. Why would you take out loans against crypto assets? Basically is u Loan out 1000 and the crypto goes up so does the loan back to you?

I’m so naive with this. Also would it be worth just “topping up” or buying nexo tokens?

posted on 8/2/21

comment by Blarmy (U14547)
posted 1 minute ago
Anyone clued up on Elrond?
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Great elf.

posted on 8/2/21

The idea was to allow you to take out loans against crypto assets so you didnt have to sell them to get cash.
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That's interesting, I don't need a loan but also I don't like the idea of my dosh languishing in the coffers of a crypto platform.

posted on 8/2/21

Yeah it seems weird. Who would look into that if they wanted cash? Unless someone literally put all their life savings into crypto lol

comment by Blarmy (U14547)

posted on 8/2/21

I dont use the app or their service tbh

The coins are a hodl for me. Ill get the app if i want to sell some of my position

Ji uses it tho

comment by Blarmy (U14547)

posted on 8/2/21

comment by Nickasaurus (U9257)
posted 1 minute ago
Yeah it seems weird. Who would look into that if they wanted cash? Unless someone literally put all their life savings into crypto lol
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Some people currently have a lot more net worth in crypto than in fiat yeah

posted on 8/2/21

So blarmy u know more than me. You get interested on your investment on nexo? Say you put £100 worth in. You build interest on that. But have to put £100 in crypto to do if. Do you get back your crypto at it’s new price. Say £100 of Btc shoots to £200. Or will you just get back the £100 originally btc you put in for a the loan. So basically you are weighing up the interest you get vs if btc keeps rising and you have it in your wallet?

Page 129 of 223

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