Crypto lender Nexo introduces spot, futures trading

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Cryp­tocur­ren­cy lender Nexo has launched a spot, mar­gin and futures trad­ing plat­form for retail clients with the launch of Nexo Pro.

See relat­ed arti­cle: Nexo and Fideli­ty Dig­i­tal Assets expand insti­tu­tion­al lend­ing services

Fast facts

  • The Lon­don-based cryp­to plat­form aims to offer retail clients access to insti­tu­tion­al-grade aggre­gat­ed liq­uid­i­ty with no min­i­mum fund­ing require­ments, the com­pa­ny said in a statement. 
  • The prod­uct has been rolled out to the 5 mil­lion Nexo clients with up to a 50% dis­count on stan­dard fees, the state­ment said. 
  • In the com­ing weeks, Nexo will intro­duce addi­tion­al token util­i­ties, giv­ing NEXO token hold­ers the abil­i­ty to reduce trad­ing fees and pay those using $NEXO, the state­ment said. 
  • Ear­li­er this year, Nexo launched the Nexo Card, a cryp­to-backed card in part­ner­ship with Mas­ter­card and DiPocket. 
  • The com­pa­ny has also rolled out its insti­tu­tion­al-grade trad­ing and cus­tody plat­form Nexo Prime, and invest­ed in over 50 ear­ly stage Web 3.0 com­pa­nies through Nexo Ven­tures

See relat­ed arti­cle: Car­dano expands access to ecosys­tem with Nexo and Ori­on partnerships

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