Nexo is thrilled to announce that it has cut the interest rates for all new and existing clients of its signature Instant Crypto Credit Lines™ to only 5.9% APR. Nexo is now effectively offering the lowest rates in the blockchain space. Regardless of the reduction of borrowing rates, the interest for Nexo’s ‘Earn Interest’ product will remain 8%, meaning clients will continue to earn the same high-yield interest on their idle assets.
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