I've been on Celsuis. Looking into Nexo. In just a couple of months since you posted this video, some significant changes have been made to the rewards, such as Cel limiting their top rates to the first 0.1 BTC. I cannot seem to do much in Nexo without full KYC, so it seems they have changed that now too. I'm leaning toward moving my holdings to Nexo. Appreciate your info and unbiased comparison
The answer is simple. Open an account in all exchanges - you don't want everything in one single exchange. That's to risky. And if you are on the max tier of the reward, ask relatives if you can open an account under their name and spread your assets. That way you keep gaining the max percentage.
@@ValueForInvestors yes it's a little bit of a headache to manage all the accounts but it' is one way to go around also might give you the opportunity to use some of the exchanges restricted for US residents.
@@SouthTexasCrypto yep... feels like Celsius was quietly building in 2021. Have a feeling 2022 is gonna be massive for them, I can't even fathom how big CelsiusX will be!
Nexo, like BlockFi, has temporarily paused interest payments on new deposits until they update their regulatory compliance. Currently, Celsius is still paying out interest. Get $50 in BTC at Celsius: celsiusnetwork.app.link/103086df5b (Referral code: 103086df5b) Get $100 in BTC at Nexo: nexo.sjv.io/4eMkzL Be sure to check each platform for latest updates, supported assets & rates. 🙂
I'm waiting for approval today for opening an account. Tyler can you confirm US residents can buy/swap/hold NEXO tokens now taking advantage of interest + loan benefits?
😂 I think Celsius has phenomenal transparency, so they win for me in that regard. However I will try to put together a video on safety in the near future.
Both have been very reliable for me so far. I know a little bit more about Celsius' business/strategies for generating yield, and can say I feel very confident in their sustainability. But I see no red flags on either side yet.
@@ValueForInvestors There were news about Celcius CFO was arrested because of money laundering israel etc. Do you think it creates a shady atmosphere for Celcius?
I've been on Celsuis. Looking into Nexo. In just a couple of months since you posted this video, some significant changes have been made to the rewards, such as Cel limiting their top rates to the first 0.1 BTC. I cannot seem to do much in Nexo without full KYC, so it seems they have changed that now too. I'm leaning toward moving my holdings to Nexo. Appreciate your info and unbiased comparison
Great up-to-date, comparison! No swap feature yet on Celsius gives Nexo a clear advantage. Otherwise you explained the differences very well.
Thank you! Sure enough, Nexo enabled “earn in Nexo” for US users right after I uploaded. Will be diving deeper into that topic soon. 😁
You did a great research sir
The answer is simple.
Open an account in all exchanges - you don't want everything in one single exchange. That's to risky.
And if you are on the max tier of the reward, ask relatives if you can open an account under their name and spread your assets. That way you keep gaining the max percentage.
Not a bad idea! Managing all of your relatives accounts might be a headache though 🤣
@@ValueForInvestors yes it's a little bit of a headache to manage all the accounts but it' is one way to go around also might give you the opportunity to use some of the exchanges restricted for US residents.
Good video!
FYI, DOGE now on Celsius
LUNA is too but international only but coming to US next month
BNB is on celsius too but international only
Celsius is moving so fast with the new assets lately 💪🏼🔥
@@ValueForInvestors that GK8 deal is huge. Now with Fire Blocks and GK8 they will be adding up to 50 more assets by end of year.
@@SouthTexasCrypto yep... feels like Celsius was quietly building in 2021. Have a feeling 2022 is gonna be massive for them, I can't even fathom how big CelsiusX will be!
How did it go? Celsius, Luna, two failures in one sentence...
@@ValueForInvestorslol. They are scammers
Nexo, like BlockFi, has temporarily paused interest payments on new deposits until they update their regulatory compliance. Currently, Celsius is still paying out interest.
Get $50 in BTC at Celsius:
celsiusnetwork.app.link/103086df5b
(Referral code: 103086df5b)
Get $100 in BTC at Nexo:
nexo.sjv.io/4eMkzL
Be sure to check each platform for latest updates, supported assets & rates. 🙂
Celsius now gives platinum if you hold 25k tokens. So, less than 25% for large wallets.
Yep, and the boosted rates now apply to CEL token earnings too, which is a nice update. 💪🏼
They just unlocked US residents to earn in nexo, price pumping from 1.75 to 2.05
Ohh that’s big 😳
@@ValueForInvestors just got my payments in nexo last night so i can confirm its working, very hyped
@@YouWillFindYouInRUclips That's exciting! That changes things quite a bit!
how many days did this last before they relocked?
@@durianwalker was about a month that it was available, it will return if we can get better regulations
Thank you for this review I have been debating which one to go for.
Happy to help! Which are you going with?
@@ValueForInvestors why does nexo require ss#?
@@MuchTub3 lol Celsius
When using Nexo as the collateral asset for a loan then interest is still paid on that collateral.
Yes, this is a huge game changer if you are getting that 0% loan interest, too. 🤩
I'm waiting for approval today for opening an account. Tyler can you confirm US residents can buy/swap/hold NEXO tokens now taking advantage of interest + loan benefits?
Yes, I can confirm! I just purchased, swapped and earned interest in Nexo myself this week. I will have a video soon breaking down all the details!
@@ValueForInvestors what has changed?
This is EXACTLY what other reviews do tell us. Why don't you talk about safety? Which one is the safest??
😂 I think Celsius has phenomenal transparency, so they win for me in that regard. However I will try to put together a video on safety in the near future.
@@ValueForInvestors Looking forward to that. Otherwise good job and appreciate the effort you put into it. Thank you. 👍
Nexo has recently become the safest and best
@@ValueForInvestors lmao take down this video
How much interest do they give in USDC
8.5% at Celsius, up to 10% on Nexo when you hold Nexo tokens.
Nice job 👍
Thanks Ian!
Nice video.
Thank you! 👍🏼
Is it safe giving out your ss# on nexo verification
It’s pretty standard for all KYC processes - Nexo is certainly legitimate so I trust them with the KYC process and submitting my info. 🙂
That aged like milk
NExo looks more reliable, what you think?
Both have been very reliable for me so far. I know a little bit more about Celsius' business/strategies for generating yield, and can say I feel very confident in their sustainability. But I see no red flags on either side yet.
@@ValueForInvestors There were news about Celcius CFO was arrested because of money laundering israel etc. Do you think it creates a shady atmosphere for Celcius?
Now Doge and soon Luna are not exclusive to Nexo!
Yep Celsius is knocking it out with new assets lately! 🔥
my guy looks like diplo
Him & Benedict Cumberbatch I get a lot 🤣
5% APY up to 1 BTC on Celsius now, no $ cap.
Very nice for people with .5-1 BTC!
Bad sound quality!
Sorry, didn’t catch it on my headphones 😭