Cryptocurrency Q&A How does Nexo make money?

How does Nexo make money?

CherryBlossomPetal CherryBlossomPetal Tue May 28 2024 | 6 answers 1369
Could you please explain how Nexo generates revenue? I'm particularly interested in understanding the mechanisms behind its profitability. How does Nexo's business model work, and what are the main sources of income for this cryptocurrency platform? Is it through interest on loans, fees for services, or perhaps other innovative strategies? I'm keen to learn more about Nexo's financial sustainability and how it manages to stay afloat in the highly volatile crypto market. How does Nexo make money?

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