Nexo profile
Nexo Profile (NEXO)
Score: 5.36 | Above Average
Adventurous Small Cap
Project Safety Score

Sat, Sep 25, 2021 4:58 AM

Score 5.36
Rating Above Average
Market Cap $824884430.73065
24hr Volume $12956188.846582
Price $1.4730078830849
Review

Nexo

token

binance coin

Nexo (NEXO) is a cryptocurrency token and operates on the Binance Coin platform. Nexo has a current supply of 1,000,000,000 with 560,000,011 in circulation. The last known price of Nexo is $0.140662 USD and is down -4.71% over the last 24 hours. It is currently trading on 34 active market(s) with $6,030,972.603 traded over the last 24 hours. More information can be found at http://nexo.io.

Read more in the whitepaper:
https://nexo.io/assets/downloads/Nexo-Whitepaper.pdf?=a

Nexo Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Nexo Safety Report

Nexo has a safety score of 5.36

Nexo is a small cap token.

Nexo is suited to a adventurous investment style.


Nexo Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • bitcointalk thread
  • tradingview profile

Nexo Red Flags

There are currently no Nexo red flags.


Nexo Development Score

The Nexo project has 2 active source code repositories.

The most recent commit was Tue, Dec 8, 2020 8:41 AM

  • 22 Watchers
  • 79 Stars
  • 1 Mentionable User
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • daily repo updates
  • very poor stars
  • no watchers
  • no mentionable users
  • no repo stars

Nexo Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is average indicating that this project could be spoken about more positively and more in the community. In general as the popularity of a project grows and as main stream awareness grows this score will go up. But conversely as people loose interest and stop talking about this project or if things take a turn for the worse then this score will go down.
Highlights:
  • The overall sentiment is average

Nexo Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Nexo?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Nexo has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high reddit articles
  • extremely high hashtag tweets
  • good search result count
  • low gitHub account watchers

Nexo Awareness Score

The awareness score indicates how well Nexo is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Nexo is but a good measure of longevity is how well the project is known by the general public.

Overall Nexo this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • very poor search result total
  • very poor news articles mentioning Nexo
  • very poor news articles directly about Nexo

Nexo Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Good project age (released May 1, 2018)

Nexo Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • average USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Nexo Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

NEXO
Community Trust Score (NEXO)

1.4/5

10 reviews
Lim Chuan Beow
Tue, Jul 13, 2021 4:55 AM
Nexo is a scam. My crypto is being held in the nexo site because of a "visual bug" on the site and the "customer support" rudely saying that the amount that is held by them as "too small" and I am overexaggerating my claims. It is more than 15 days of this issue and no closer to getting my crypto back. Do not use this scam site.
0 0
Milo
Thu, Apr 22, 2021 8:53 PM
Nexo is scam and fraud. Ii have been waiting for 17 days to get back my funds. Case #377034 Full detail here: https://bit.ly/3aPuuAf
1 0
Milo
Tue, Apr 13, 2021 6:46 PM
Nexo did not transferred my EOS coins from Nexo platform to my private wallet. 7 Days has passed, many emails has been sent. But they ignored me request. My ticket number is (#377034). Nexo is 100% scam and I will never user their platform. I managed to publish my complete story online for others to read and be aware of Nexo Scams and unethical behaviors. NEXO Scam alert warning for crypto community!
0 0
Milo J
Tue, Apr 13, 2021 5:54 PM
Nexo did not transferred my EOS coins from Nexo platform to my private wallet. 7 Days has passed, many emails has been sent. But they ignored me request. My ticket number is (#377034). Nexo is 100% scam and I will never user their platform. I managed to publish my complete story online for others to read and be aware of Nexo Scams and unethical behaviors. https://www.reddit.com/r/dentcoin/comments/mpitya/nexoio_scam_alert_warning_for_crypto_community/ NEXO Scam alert warning for crypto community!
0 0
m kosta
Wed, Nov 18, 2020 3:48 PM
Nexo is a Bulgarian company founded and run by Bulgarians. This on its own is a red flag (Ruja Ignatova)!!! Furthermore, they are definitely not regulated they are based in Sofia no cyber lows there. The owners of NEXO are owners at Credissimo and HelpKarma. Five days ago an investigative journalist from BTV (in prime time) exposed the charity scam HelpKarma is. They are accused of stealing and diverting millions of euros from sick people's charity accounts to fund their fast credits at Credissimo and probably to fund NEXO start up. Nexo and HlepKarma were launched at the same time by the same people. Since Nexo founders are criminals DO YOU BELIEVE THIS IS AN HONEST COMPANY?????
4 0
Millie Kosta
Wed, Nov 18, 2020 3:46 PM
Nexo is a Bulgarian company founded and run by Bulgarians. This on its own is a red flag (Ruja Ignatova)!!! Furthermore, they are definitely not regulated they are based in Sofia no cyber lows there. The owners of NEXO are owners at Credissimo and HelpKarma. Five days ago an investigative journalist from BTV (in prime time) exposed the charity scam HelpKarma is. They are accused of stealing and diverting millions of euros from sick people's charity accounts to fund their fast credits at Credissimo and probably to fund NEXO start up. Nexo and HlepKarma were launched at the same time by the same people. Since Nexo founders are criminals DO YOU BELIEVE THIS IS AN HONEST COMPANY?????
2 0
Dan Cynamon
Mon, Mar 16, 2020 1:05 PM
I am trying to get the word out everywhere I can that these guys are indeed scam artists. They liquidated 70% of my holdings during the price movement of 3/13 with pretty much no warning to shore of my leverage of my collateralized loan. They blame everything on their "oracle" and take no responsibility for selling 70% of my BTC at the bottom. Their customer service is rude and unhelpful and now the rest of my holdings are hostage. They are not ready for primetime and are about as much of a bank/collateralized lender as a 5-year old. To sum up, they suck.
4 0
Dan
Mon, Mar 16, 2020 1:02 PM
I'm trying to get the word out everywhere I can. These guys are scammers. They handled the crash of 3/13/20 with all the grace of a breath mint; they barely notified me to balance my leverage %, and liquidated 70% of my BTC in the middle of the night without any kind of warning. They violate their own TOS; they make excuses, and berate you if you ask questions. Stay far, far away from these guys. I
2 0
M L
Thu, Mar 12, 2020 5:36 PM
YES big time, first lure to bet higher then steal when beat them in thier own scam. My accounts freeze, showing zeros think they just actet normal. Have investigated me for days and finds nothing still no excuse no nothing. Stealing millions.
3 0
Tim
Sat, Dec 28, 2019 12:35 PM
I love Nexo and i'm getting 8% on my stable coins atm. And i can borrow EURO for my crypto. it's amazing.
2 2

87.50%

Complete
Profile Status

How complete is this profile:

A few missing data points

This profile is still waiting for the following data points

  • bitcointalk thread
  • tradingview profile
Community Signals

1.4/5

(10 reviews)
Community Trust Score
Market Cap Rank:
102
Voted:
shit
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Nexo Github
Nexo News
  • Hyundai emits flower seed-filled bubbles on the streets of Berlin

    Fri, Sep 24, 2021 12:00 AM

    Hyundais latest campaign for the hydrogen-powered Nexo uses plant seed-filled bubbles to illustrate...

    read more...
  • Nexo Passes Real-Time Reserves Audit Conducted by Armanino

    Thu, Sep 23, 2021 1:32 PM

    LONDON--(BUSINESS WIRE)--Sep 23,...

    read more...
  • Nexo ePS Installation Loudspeakers Launched

    Wed, Sep 22, 2021 9:55 PM

    Nexo has launched its new ePS Series of installation loudspeakers, with three 2-way passive...

    read more...
  • Nexo Co-Founder Details Crypto Lenders Plan to Stay Out of Regulators Crosshairs CoinDesk

    Mon, Sep 20, 2021 11:21 PM

    Nexo wants to avoid the fate of BlockFi and Celsius, which are under investigation by U.S. state...

    read more...
  • Hyundai Canada Confirms only 29 hydrogen vehicle leases in six years

    Tue, Sep 14, 2021 8:55 AM

    The successor to the Nexo compact crossover FCEV is slated to arrive in Canada for the 2025 model...

    read more...