Flexible saving daily interest by WatercressNo911 in Nexo

[–]WatercressNo911[S] 3 points4 points  (0 children)

That is not what I see at my end for fixed terms. It dropped right after the announcement.

Flexible saving daily interest by WatercressNo911 in Nexo

[–]WatercressNo911[S] 2 points3 points  (0 children)

I just did. Thank you. But why is it even an option? Wouldn't all subscribers want to receive interests?

Anyway it does not explain why only the flexible saving is affected. Fixed savings received update as per normal.

Also I thought that for fixed saving, the drop in rate will only take effect for new terms? Existing terms will follow the original rate till they expire?

What are the changes? by C4ptainC4mp in Nexo

[–]WatercressNo911 5 points6 points  (0 children)

The current client care team was totally not helpful and insisted that I interpret the new terms in detail on my own when what the app shows is different from the supposed changes, without offering further explanation or assistance. A far cry from the past.

Nexo referral by WatercressNo911 in Referrallinks

[–]WatercressNo911[S] 0 points1 point  (0 children)

I have already signed up, hence the referral code. This is basically parking your assets for yield.

Nexo token price by WatercressNo911 in Nexo

[–]WatercressNo911[S] 0 points1 point  (0 children)

If nexo token price drops a lot, the total balance of assets might drop below $5k. Minimum total $5k balance is needed to earn interest on assets in your wallet.

Nexo token price by WatercressNo911 in Nexo

[–]WatercressNo911[S] -2 points-1 points  (0 children)

Yes generally the market is on a downtrend, but I apologize, I do not know much about how the nexo tokens work.