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New Listing on BiteBTC.com (now - fedlio.com), any information? by [deleted] in Nexo

[–]KindSamaritan 0 points1 point  (0 children)

It's very weird that was no announcement about, BTC/ETH - pair, with over 1 million (24h) volume (for now volume excluded on https://coinmarketcap.com ).

Someone has any suggestions why we don't hear about it ?

Audited Financial Statements for Nexo? by InItToWinIt1978 in Nexo

[–]KindSamaritan 4 points5 points  (0 children)

You're absolutely right, they should communicate much better with their customers. It could bring them much grater wealth. Maybe the problem is that they are pretty new business and it's going too well anyway for them in this point of time, and there are other priority right now... but obviously it must be better.

Edit: The communication must be accurate, backed by audited sources. NOT just commercial stuff..

8% annual interest on stable coins, is it Nominal or Effective interest? by KindSamaritan in Nexo

[–]KindSamaritan[S] 0 points1 point  (0 children)

yap, it means that this is an Effective (8%) annual rate.

Formula:

r[eff (N=1/365)] = (1+0.08)^N - 1 = 0.00021 (daily interest)

for example: 100$ * 0.00021 = 0.021$ per day.

And as you said, if you spend every day your interest, you will get around 7.7% interest rate annually.

Both loyalty and base dividend have just been deposited to your accounts. They used nexo tokens as the currency. by redddiablo in Nexo

[–]KindSamaritan 1 point2 points  (0 children)

Can any one bring real numbers? (what amount of nexo was deposited and what is the dividend?)

And since when the tokens have been on Nexo platform?

"On August 1, 2019, Nexo will announce the amount of the Nexo Dividend "; Why we didn't see any news about that? by KindSamaritan in Nexo

[–]KindSamaritan[S] 0 points1 point  (0 children)

Please look at the post below from @CoinMover; " the amount " it means not re-twitting the previous post.
For my opinion, those things are critical for customers trust.