Newton makes it fast and easy to buy, sell and hold 65+ cryptocurrencies in Canada.
Nexo (NEXO) is a platform that allows users to collateralize their crypto. Once an amount has been staked, a user can proportionally borrow against / receive interest on the value of the amount staked. The platform has an incentive in its rewards token NEXO which can also be staked to access proportional rewards or better interest rates. Nexo distributes 30% of its profits in the form of dividends via the NEXO token, classifying it as a digital security asset.
*聽Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
Because stablecoins* are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
*聽Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
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