Cosmos (ATOM/USD), which is just outside the top 20 coins by market cap, has seen a surge in interest and activity recently. This hasn’t escaped the attention of crypto exchange Nexo (NEXO/USD), who’ve added ATOM to its list of cryptocurrencies available for trading, Invezz learned from a post on the official website.
The currently available pairs are:
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Nexo users can only add ATOM to their accounts by purchasing it through the exchange. Withdrawals are coming soon.
Users can buy ATOM via Visa and Mastercard debit and credit cards or choose from a variety of other cryptocurrencies and assets to convert into ATOM on the exchange.
To earn up to 11% annual interest, you must purchase ATOM using your card or other crypto. It begins generating earnings as soon as it’s in your account. Interest is paid out daily.
The yield depends on your loyalty tier, there being four kinds: platinum, gold, silver, and base. Here is some more information:
You can boost your interest rates on ATOM by opting to receive your interest in Fixed Term. For the Silver, Gold, and Platinum tiers, you can maximize the rates by getting interest in NEXO’s native token with Earn in NEXO.
A standard Nexo credit line features interest rates starting from 0% when borrowing with an LTV of under 20%, which would be better than almost any offer from a bank. Other features include:
Last but not least, the credit line instantly settles. No time passes between application and approval.
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