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Disclaimer: I am not a financial advisor. This video, and the ideas presented in it, are for entertainment/educational purposes only and should not be construed as financial or legal advice. You, and only you, are responsible for your investment decisions. This video, post & article should not be construed as investment advice. Capital at risk.
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In this video, I will explain to you how you can get an instant crypto loan from Nexo. Nexo is an amazing platform to get instant loans with zero percent interest charged to them and no need for credit checks or credit history.
Nexo has a loyalty program that is based on different levels which correspond to the amount of Nexo Token you hold in your account. If 10% or more of your total portfolio consists of Nexo Coins, then you will reach their highest level of loyalty which is Platinum.
By having this loyalty level, Nexo will give you the opportunity to take out a loan for up to one year at zero percent interest and you can pay back whenever it is suitable for you, but should be after 30 days at least.
Nexo will pay you immediately, latest within 3 days. I love this and many rich people use this strategy to continue investing and then simply take out a loan against their investments and then repay that loan over time. This way you will never have to sell your investments, nor will you pay any taxes if you sell your crypto so it's really a financially smart move.
Borrowing against your investments is the smartest way to keep investing and compound your wealth over time and Nexo Borrow allows you to do just that very seamlessly and very beginner-friendly.
⏰ TIMESTAMPS ⏰
00:00 Crypto Loans from Nexo Intro
00:20 Why It Makes Sense To Take a Loan
00:40 How I Became Interested In Borrowing Money
02:48 Secret of the Rich (Avoid Taxes)
03:13 Advantages of Crypto Loans
03:50 Nexo Platform Overview
05:24 Nexo Loyalty Levels
07:10 How To Borrow From Nexo
10:00 Withdraw Funds From Credit Line at 0% Interest
12:15 How To Repay Your Crypto Loan
12:51 What I Will Use My Crypto Loan For
13:42 Nexo Loan Summary
#nexo #cryptoloan #instantloan #nexoio #nexoapp #avoidtaxes #moneyhack
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