Cryptocurrency Q&A
How much can you make on Nexo?
How much can you make on Nexo?
Arianna
Tue May 28 2024
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6 answers
1387
Could you please elaborate on the earning potential associated with Nexo? I'm interested in understanding how much one can potentially earn through the platform. Could you provide some insights into the factors that might affect the profitability, such as the types of investments, interest rates, and any associated risks? Also, it would be helpful if you could share any real-world examples or case studies that demonstrate the earning potential on Nexo. Thank you for your assistance in this matter.
6 answers
Enrico
Thu May 30 2024
Earning attractive returns on FLEX terms is a simple yet rewarding prospect for investors. Regardless of their Loyalty Tier, individuals can enjoy up to 4% annual returns simply by maintaining their holdings in their accounts.
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Rosalia
Thu May 30 2024
For those seeking more stability and higher yields, NEXO offers an attractive option. By placing funds from their Savings Wallet into a fixed-term deposit, investors can lock in their assets for a specified period.
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Lucia
Thu May 30 2024
The fixed-term deposit options provide investors with the choice of either a 3-month or 12-month term. Each term offers different interest rates, allowing investors to choose the one that best aligns with their financial goals and risk tolerance.
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Lorenzo
Wed May 29 2024
For a 3-month deposit, investors can earn up to 9% per annum. This rate provides a substantial return in a relatively short period, making it an appealing option for those seeking short-term gains.
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Riccardo
Wed May 29 2024
Alternatively, investors can opt for a 12-month deposit and enjoy an even higher rate of up to 12% per annum. This longer-term commitment offers the potential for greater returns, but also requires a higher degree of patience and commitment.
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