Get $25 worth of Bitcoin when you sign up to Nexo using my link smartmoneywithkai.bcns.ai/nexo
@johnnietyropolis4052
2 жыл бұрын
Thank you for the video man! I recently started using Nexo and your videos convinced me to do so. Best exchange so far. I like that you focus specifically on this platform. Keep up the good job ✌️💪
@SmartMoneywithKai
2 жыл бұрын
Hi Johnnie, this is amazing to hear, thanks a lot. Really glad you enjoy the content and Nexo Platform. Cheers mate✌️
@LidewijDiederik
Жыл бұрын
Great clear video. Thank you very much.
@SmartMoneywithKai
Жыл бұрын
Happy to hear that, many thanks🙏
@lawrencer25
2 жыл бұрын
Glad your focusing on property. The soon the Better . Having the biggest deposit you can get , will get you a better interest rate. I wouid recommend get a property as soon as you can . If you work out , the rise of properties and what your hoping to make on investing , you'll be surprised. Property shouid always come before investing. You can start investing any time . Just a bit of friendly advice 👍👍👍👍
@SmartMoneywithKai
2 жыл бұрын
Thanks Lawrence and for sure, already taken your advice on board and once the down-payment amount has been reached and property identified, I will do just that. Definitely loving Real Estate investing for sure so hope to add even more in the future👌Cheers
@AndyRoma68
2 жыл бұрын
still my only WALLET. Opened in November and perfect , putting money every month, using the CARD with cashback, always working, a great and fast customer service etc etc. 100% on NEXO. My portfolio is 50% ethereum (waiting for earning with merge), 40% USDC (just for security), and NEXO tokens in SILVER level.
@SmartMoneywithKai
2 жыл бұрын
Sounds awesome Gigi, thanks a lot for sharing👍
@davidesala6212
Жыл бұрын
hey Kai! when is it better to repay what you spend with the nexo card? after 30 days?
@SmartMoneywithKai
Жыл бұрын
Hi mate, it's really your choice, though I tend to do it on a weekly basis, so I stay on top of things and not let it build up to a big amount, plus I will be able to use less funds in my credit wallets and instead more in my savings wallet, thus getting more more staking rewards✅
@jacobstonier2835
2 жыл бұрын
When I take out a loan do I have to keep the appropriate LTV ratio in the credit line or can I transfer back to savings to earn interest then pop the minimum payment in the credit line Wallet each month?
@SmartMoneywithKai
2 жыл бұрын
Hi Jacob, great question. Unfortunately, you would need to keep the appropriate LTV ration in your credit line, saving line doesn't work in this case. Only for Nexo tokens, both wallets are fine, but of course it has a much lower LTV, so if you take a smaller loan and regularly repay and have some Nexo token then this would be the best option, 0% interest on loan and in fact you actually get paid for taking a loan:)) Otherwise, I just use my BTC in credit line twice as much as I usually spend in a month so I can be calm not having to constantly think about it. You can also switch on automatic collateral transfer, so they would automatically move funds from your saving to your credit line, but I prefer to do it manually.
@jacobstonier2835
2 жыл бұрын
@@SmartMoneywithKai Thank you I’ve always wondered that, this is because I was hoping I could take a loan with the purpose of combining it with my current savings to boost my returns but then Nexo definitely would not be stupid enough to allow that
@cheetaegandalalaki3691
Жыл бұрын
How do you transfer all your crypto assets from NEXO to a different Wallet or Bank? It does not have the option to transfer all the amount that you have invested. Only 50%, why? Can anyone explain?
@SmartMoneywithKai
Жыл бұрын
Hi there, it might be because you have a pending loan or outstanding card payments, so Nexo obviously needs to keep some as reserves, or make sure to transfer them from your credit to saving wallet first and try again, but it's definitely possible.
@tosziemr6475
2 жыл бұрын
Does anyone have experience with Refunds on Nexo? I recently sended a purchase back to the store. The refund will be added to the credit line but this is so vague and untraceable. I took screenshots of my wallet credit line before and after the refund but the numbers doesn't match and the build. I raised questions to nexo but agents can't give me a proper breakdown calculation. Very vague
@SmartMoneywithKai
2 жыл бұрын
Hi Toszie, great question. Not sure why you mentioned credit line. For me when I got a refund, the transaction was simply reverted, so let's say I was charged USD 10, then I would later get a USD 10 refund and it would say refund under credit card transactions and its the exact same amount, minus of course the cashback rewards, which will be removed accordingly. Hope this helps.
@lawrencer25
2 жыл бұрын
Nice video 👍👍👍👍
@SmartMoneywithKai
2 жыл бұрын
Thank you Sir🙏
@ethankg8639
Жыл бұрын
Is it better to stake stable coins like USDT or coins like crypto instead?
@ethankg8639
Жыл бұрын
*crypto coins like BitCoin
@SmartMoneywithKai
Жыл бұрын
Hi Ethan, good question. I think it comes down to personal preference. I personally don't own any stable coins, since we've seen in the past not all of them end up so stable:) That's why I stake my BTC, ETH, Polygon and Nexo. Here I get staking rewards and hopefully price appreciation from the coin itself in the future. Cheers.
@RenzbayTechNation
Жыл бұрын
Hello Kai, I currently have the Nexo virtual card, does it also earn cashback? How do you redeem the 2% cashback? is it added automatically on your wallet? I don't see any options to transfer the earned cash back. Do I need the physical card to earn? Thanks.
@SmartMoneywithKai
Жыл бұрын
Hi there and great question. Actually I also only use the virtual card with Apple Pay and even Curve Card on top for additional cashback, but even without Curve Card you will get the 2% cashback on every transaction and yes, it will be automatically credited to your Nexo wallet and they will show you that under card transactions. Happy shopping😉
@RenzbayTechNation
Жыл бұрын
@@SmartMoneywithKai Hi Kai, thanks for your reply. It's kinda weird though because I do not see it added to my Nexo coins in my wallet since I chose to be paid in Nexo. I see the everyday interest from my portfolio added on my wallet but the cashback is visible on the transactions but not available for use.
@SmartMoneywithKai
Жыл бұрын
@@RenzbayTechNation Actually this is a really great point you brought up as I never actually digged into this. Now I did and saw the same as you mentioned. After an hour with support they told me you should go into Nexo Wallet Savings Wallet and then on filter look for asset class ERC-20 Nexo, it's the same as Nexo but somehow separatly classified. This apparently should not normally the case so they are checking that for me and seem for you as well, but essentially it is being added to your Nexo wallet though. Hope this helps and thanks for bringing up this great point. Cheers.
@RenzbayTechNation
Жыл бұрын
Hi Kai, yeah I can view the cashback transactions but they are not available for use. I hope they are more transparent on how to use or transfer the cashback feature to avoid any speculations. I hope they fix this issue, glad to know you raised this issue with them. Thanks mate.
@SmartMoneywithKai
Жыл бұрын
@@RenzbayTechNation My pleasure mate and thank you once again for that observation. Will let you know if they come back to me with a good explanation.
@karimkraouati6157
2 жыл бұрын
Im 18 years old with a couple thousand to put into crypto. Should I put them into nexo and does it make sense for me to get the card even tho I don’t have a job or anything?
@lawrencer25
2 жыл бұрын
I wouidnt worry about nexo . Invest in yourself . Cypto gambling. Your young , enjoy life 👍👍👍👍
@SmartMoneywithKai
2 жыл бұрын
Hi Karim, thanks for your comment and firstly congrats on being 18 and already having a couple of thousands saved up, well done, not many your age manage to do that. Look, Crypto is highly volatile. I personally think now is a great time to get in and if you plan to, then Nexo is probably the best platform for it. Also, the Nexo Card is perfect. Even if you don’t plan to buy Crypto, using the card for purchases which you anyways will inevitably have to make in your life, you can passively start building up Nexo Coins and then later sell them or swap them for other Crypto’s. Once Crypto recovers you can then sell some of it and invest into stocks, ETF’s, Real Estate or a fancy yacht (I guess Crypto has to moon a lot for that though:)) Of course, Crypto could also crash completely so I would spread the risk, start small and then see how you feel. I did the same and over time built up a sizeable position. Best of luck🤞Cheers, Kai.
@karimkraouati6157
2 жыл бұрын
@@SmartMoneywithKai thank you. Your channel has helped me a lot, keep putting out great content👍🏻
@SmartMoneywithKai
2 жыл бұрын
@@karimkraouati6157 Awww. That’s music to my ears and I’ll promise to continue💪Cheers mate.
@AndyRoma68
2 жыл бұрын
karim, my advise: use 80% of your money in USDC just in order to be safe, and you can use the credit card (with caution). The rest. buy the crypto you think is the safest, BTC or ETH I would say.
@sadikoudiombera2986
2 жыл бұрын
I have the revolut account in EU if you are living in any EU country is revolut allowed you trading stock buying and selling in revolut account service. Because some people say that revolut stock trading is available only UK trading stocks on revolut platform is not available in EU country I want to know that if is truth?
@SmartMoneywithKai
2 жыл бұрын
Hi Sadikou, I can assure you that stock trading is allowed and possible on Revolut across EU. I am based myself in the EU and Revolut allows me to stock trade. Hope this helps. Cheers.
@sadikoudiombera2986
2 жыл бұрын
@@SmartMoneywithKai yeah this was very helpful thanks a lot bro 🙏
@SmartMoneywithKai
2 жыл бұрын
@@sadikoudiombera2986 Most welcome my friend, anytime👌
@f.s6758
2 жыл бұрын
I am worried that nexo could end up like what had happened to celsius.
@SmartMoneywithKai
2 жыл бұрын
Hi and thanks for your comment. Of course, there is always a risk of this, same as for banks that go bust also, nothing is ever guaranteed in life. So far, they have been doing very well. I like their real-time auditing tool plus the fact that they are really collateralised and didn't spend much on marketing like some other exchanges, so if the price stays like this now it should be ok, of course, if it drops another 50% it will be tough for a lot of players. That's why I keep some of my funds on Nexo and some on my Ledger Hardware Wallet to diversify. Cheers.
@ochenhetree
2 жыл бұрын
Only keep 10 percent of your crypto on a lending platform
@SmartMoneywithKai
2 жыл бұрын
@@ochenhetree That's a totally legit strategy to hedge your risk of an exchange default👌
@elismart13
Жыл бұрын
3:40 you schould have specified that you need to "Top up $100 or More in Assets" in order to get the 25, every single video on your channel has been good and informative so far, this is just dissapointing.
@SmartMoneywithKai
Жыл бұрын
Hi Eli, appreciate your comment. Please note that these T&C’s often change, in fact there are many more requirements such as keeping those $100 for at least 30 days in your account, not have a criminal record etc. so for one these are fairly standard in most referral programs, I guess free money on opening an account and closing right away is a sure secret to lose money for the companies😉As I want those videos to age well I don’t mention all T&C’s for that reason but they are always clearly outlined on the apps/websites I recommend and I don’t want to bore the viewers with all the nitty, gritty details, but I hear your point. Cheers.
@elismart13
Жыл бұрын
@@SmartMoneywithKai ok, thank you! your the first youtuber to give me a logical response to such a comment, very much appreciated, keep up the amazing video, I'm a recent sub even tho I've seen your videos for a long time
@SmartMoneywithKai
Жыл бұрын
Your most welcome and thank you for your honest words, means a lot🙏
@PKandME
Жыл бұрын
What is the maximum time I can take to pay back the credit with the card?
@SmartMoneywithKai
Жыл бұрын
Hi, here is what it says on Nexo: Maturity The standard maturity of the loan is one year. If not repaid, the loan is automatically extended for another 12-month term. The number of extensions under the preceding sentence shall be unlimited. The period re-starts every time you withdraw funds from your Credit Line. What is an additional interest charge? Please note that if you repay a loan within 30 days of the last withdrawal, you will be charged interest at the standard APR of 13.9% for the remainder of the 30 days, regardless of your current loyalty level. This is in order to prevent improper use of the Nexo Platform and to safeguard Nexo as a company, but more importantly, our clients and investors. Cheers
@PKandME
Жыл бұрын
Will nexo ever and finally show Euro balances?!
@SmartMoneywithKai
Жыл бұрын
I know right, about time...
@Sam-pn2kc
Жыл бұрын
Nexo are Legit very transparent Nexo pro is coming soon
@SmartMoneywithKai
Жыл бұрын
Hi Sam, fully agreed and Nexo Pro should be yet another amazing addition to the Nexo Platform👌
@sebvaja8571
Жыл бұрын
nexo is bullet proof research them they are the best and safest platform
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