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Token price

  • BTC

    14,542,611.9KRW

    8.8%

  • ETH

    383,857.9KRW

    6.1%

  • XRP

    536.3KRW

    -0.3%

  • BCH

    554,163.5KRW

    0.9%

  • LTC

    152,034.0KRW

    -2.5%

  • EOS

    7,640.3KRW

    -7.3%

  • BNB

    40,449.7KRW

    -3.5%

  • BSV

    245,518.2KRW

    -10.1%

  • USDT

    1,159.1KRW

    0.6%

  • ADA

    113.0KRW

    2.7%

  • TRX

    42.3KRW

    -4.2%

  • XLM

    142.6KRW

    0.0%

  • XMR

    120,583.9KRW

    -6.9%

  • DASH

    203,124.0KRW

    -0.5%

  • NEO

    21,719.9KRW

    -2.3%

  • ETC

    10,370.7KRW

    -2.0%

  • XEM

    113.5KRW

    8.0%

  • ONT

    1,921.7KRW

    -4.7%

  • ZEC

    129,581.8KRW

    7.3%

  • MKR

    848,700.6KRW

    -1.4%

  • XTZ

    1,280.9KRW

    2.9%

  • BTG

    34,852.0KRW

    -3.4%

  • QTUM

    5,927.3KRW

    -1.0%

  • VET

    9.5KRW

    -8.9%

  • DOGE

    3.8KRW

    -0.7%

  • BAT

    354.7KRW

    -2.6%

  • OMG

    3,194.1KRW

    11.0%

  • USDC

    1,172.9KRW

    1.5%

  • DCR

    39,176.8KRW

    7.1%

  • BCD

    1,538.8KRW

    0.5%

  • LSK

    2,388.9KRW

    1.3%

  • RVN

    70.0KRW

    -4.3%

  • WAVES

    2,598.0KRW

    -2.5%

  • HC

    5,753.4KRW

    -20.1%

  • TUSD

    1,171.0KRW

    1.4%

  • NPXS

    1.0KRW

    -2.3%

  • BCN

    1.3KRW

    9.7%

  • AOA

    35.1KRW

    3.5%

  • REP

    20,459.5KRW

    0.6%

  • ZRX

    375.9KRW

    -2.6%

  • BTS

    79.7KRW

    -0.8%

  • NANO

    1,626.3KRW

    -1.5%

  • BTM

    215.9KRW

    -2.2%

  • BTM

    215.9KRW

    -2.2%

  • HT

    4,320.5KRW

    0.2%

  • MONA

    3,202.0KRW

    -2.7%

  • DGB

    16.6KRW

    -2.6%

  • ICX

    396.4KRW

    2.8%

  • IOST

    15.5KRW

    -2.9%

  • ZIL

    21.4KRW

    -8.4%

  • AE

    629.1KRW

    -3.0%

  • LINK

    485.1KRW

    2.0%

  • PAX

    1,168.2KRW

    1.2%

  • KMD

    1,462.3KRW

    -5.3%

  • DENT

    2.3KRW

    -16.8%

  • KCS

    1,803.8KRW

    -5.9%

  • XVG

    10.2KRW

    -4.4%

  • SC

    3.9KRW

    -0.0%

  • STEEM

    481.0KRW

    0.6%

  • XIN

    321,743.4KRW

    9.4%

  • XIN

    321,743.4KRW

    9.4%

  • ARDR

    140.9KRW

    -0.8%

  • THETA

    146.9KRW

    -6.3%

  • SNT

    36.0KRW

    3.2%

  • ELF

    245.4KRW

    -7.6%

  • INB

    332.6KRW

    -20.2%

  • MAID

    254.5KRW

    2.3%

  • ENJ

    147.4KRW

    -5.8%

  • MCO

    7,068.1KRW

    -18.2%

  • STRAT

    1,118.2KRW

    -1.2%

  • GNT

    114.2KRW

    3.7%

  • XZC

    13,922.1KRW

    -5.6%

  • WAX

    104.6KRW

    -6.9%

  • DAI

    1,128.6KRW

    -2.6%

  • PAI

    58.3KRW

    -5.5%

  • PAI

    58.3KRW

    -5.5%

  • ELA

    5,327.3KRW

    9.8%

  • NEXO

    139.1KRW

    -2.5%

  • WTC

    1,826.4KRW

    1.6%

  • QNT

    7,701.4KRW

    -12.2%

  • ODE

    323.5KRW

    -9.7%

  • CNX

    1,278.7KRW

    -9.5%

  • RDD

    2.5KRW

    -12.4%

  • LRC

    71.8KRW

    -0.3%

  • LOOM

    79.7KRW

    -6.2%

  • ARK

    557.0KRW

    -4.0%

  • FCT

    6,290.6KRW

    -6.9%

  • REPO

    542.4KRW

    49.2%

  • R

    121.8KRW

    -1.4%

  • ETN

    6.0KRW

    -6.2%

  • BNT

    940.2KRW

    3.2%

  • POWR

    133.3KRW

    -1.5%

  • AION

    161.6KRW

    -0.6%

  • PPT

    931.3KRW

    -10.4%

  • PIVX

    814.4KRW

    -2.6%

  • POLY

    103.5KRW

    -2.3%

  • MOAC

    690.4KRW

    -1.6%

  • PAY

    258.7KRW

    -8.1%

  • COSM

    41.3KRW

    -7.2%

  • TTC

    126.7KRW

    2.8%

  • CPT

    9.2KRW

    -7.3%

  • GUSD

    1,161.8KRW

    0.2%

  • HUM

    0.5KRW

    -5.5%

  • LKY

    373.6KRW

    --%

  • ANT

    605.9KRW

    -1.8%

  • AERGO

    178.8KRW

    -9.1%

  • TEMCO

    4.1KRW

    -4.9%

  • PTON

    1.0KRW

    54.8%

  • ABL

    30.8KRW

    9.4%

  • MVL

    1.0KRW

    -1.8%

  • APIS

    1.2KRW

    -35.5%

  • VRA

    1.1KRW

    -8.0%

  • BAAS

    1.1KRW

    1.0%

  • AID

    19.3KRW

    10.6%

  • DCC

    0.8KRW

    --%

  • eDEL

    2.4KRW

    -0.7%

  • PUB

    1.6KRW

    55.2%

  • WET

    14.6KRW

    -20.6%

  • HORUS

    2.6KRW

    -24.9%

  • XRA

    11.7KRW

    12.5%

  • SEAL

    1.6KRW

    8.8%

  • KARMA

    0.2KRW

    1.8%

  • PUT

    12.6KRW

    -1.8%

  • KNT

    0.4KRW

    86.0%

  • NPER

    3.4KRW

    --%

  • IQ

    28.6KRW

    7.0%

  • RBTC

    14,556,427.4KRW

    9.0%

  • BLACK

    2.4KRW

    -29.8%

  • CET

    26.6KRW

    -9.6%

  • MEETONE

    4.4KRW

    -5.9%

  • RCD

    3.0KRW

    --%

  • MCC

    13.1KRW

    -4.2%

  • INC

    41.3KRW

    -6.8%

  • FNB

    236.2KRW

    -2.6%

  • BZKY

    0.4KRW

    365.1%

  • BORA

    61.0KRW

    -15.5%

  • CRE

    4.1KRW

    4.7%

Community

Nexo Partners With BetProtocol to Provide Loans to Betting Operators

Nexo | 05.16| 37

Nexo Partners With BetProtocol to Provide Instant Crypto Credit Lines to Betting Operators

We are excited to announce that the Nexo platform will be fully integrated with BetProtocol. This will enable every betting operator in the BetProtocol ecosystem to get liquidity in 45+ fiat currencies without needing to cash out crypto.

This is a crucial feature because betting operators have to make payments in fiat in order to get licenses, activate marketing campaigns and pay to non-crypto suppliers. Many have big cryptocurrencies holdings but don’t want to risk losing leverage or possible gains, so having Nexo as a loan provider is the ideal solution.

In addition, many countries see the sale of cryptocurrencies as a taxable event, triggering capital gains or other taxes. By taking out a loan with Nexo using crypto as collateral, no taxable event is triggered.

This partnership means that all BetProtocol betting operators will be able to get a Nexo loan directly from BetProtocol’s operator dashboard. The seamless integration is scheduled for Q4.

Currently, BetProtocol is providing technology to operators that manage platforms with more than $100M in monthly betting volume. Games being provided include dice, double dice, roulette and others. In Q4 2019 and 2020 new games will be provided, including poker rooms, table card games, and Esports betting.

About Nexo

Nexo is the most advanced and trusted instant crypto lending provider on a global scale. It is the only blockchain company to provide its services in 45+ fiat currencies and more than 200 jurisdictions. Nexo gives digital asset holders the best of both worlds — instant access to cash and retaining ownership of their assets.

Nexo has already processed $500,000,000+ for its rapidly growing user base that exceeds 200,000. All funds on the Nexo’s platform are secured by leading audited custodian BitGo and the insurance leader Lloyd’s of London with $100M insurance for custodial crypto assets.

The company’s global operations are powered by the profound lending experience of Credissimo, a leading FinTech Group serving millions of people across Europe for over 10 years.

About BetProtocol

BetProtocol enables entrepreneurs and developers to create betting platforms in minutes. No coding required. Thanks to BetProtocol’s blockchain technology, these platforms are secure, scalable and regulated. Its vision is to enable anyone in the world to dream of being a betting platform owner one morning, and actually be one that same day.

Do check out our earlier blog posts, share them with your friends and let them too be part of the Nexo success story!

Question? Visit your Help Center.

Interested in Nexo? Get in touch:
Telegram | Twitter | Facebook | Reddit | LinkedInEmail


Nexo Partners With BetProtocol to Provide Loans to Betting Operators was originally published in Nexo on Medium, where people are continuing the conversation by highlighting and responding to this story.

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