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NEXO VS BLOCKFI (Which is better) - Review & Quick Analysis
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Jun 4, 2024
NEXO VS BLOCKFI (Which is better) - Review & Quick Analysis
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0:00
Welcome everybody let's take a look of which one it fits better for you
0:04
whether the Nexo or the BlockFi.com website. So as you can see BlockFi and
0:11
the Nexo they both have the same purpose which in that case that would be
0:16
invest into tokens. So here into the BlockFi I want to scroll down I want to
0:22
take a look about the BlockFi interest account so as you can see it says see
0:27
how much you can earn in here. I'm not pretty sure if Nexo has that option
0:32
available so I want to scroll down and look for like a calculator here so we
0:37
can try to make numbers before we create an account so I can give just like a
0:43
point here to BlockFi.com because they can be more accessible for that. Let's
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say I want to invest into BNV and I have just I don't know maybe like a
0:53
hundred of those so I'm gonna be earning let's say in a year $680 here
1:02
just for having three total crypto earned in here you can look for the
1:07
other one let's say have $100 of that so over a year but let's say I'm
1:14
interested about both of them which one is better now as you can see here's like
1:18
a little table speaking about BlockFi versus Nexo so speaking about the site
1:24
type they're both interest account trading account crypto backed loans but what you can do into Nexo but what you cannot do into the BlockFi is to make
1:34
exchange here so if I have a token in here I can change that for another one I
1:40
can make exchange between different accounts but I cannot do that here into
1:44
the BlockFi.com so they both launched the same year the different locations
1:50
they are beginner friendly the mobile application they both have one of those
1:55
the fees of both are low and as you can see it seems that Nexo has more
2:01
available cryptocurrencies than BlockFi so depending on what kind of tokens you
2:06
want to operate you might be want to choose Nexo or BlockFi and depending of
2:12
what kind of APY are gonna be offering you per token and lastly but less
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important guys I truly love this part from the promotions because this is like
2:23
a few extra ways so you can earn more money here on both websites so you can
2:30
earn up to $250 here on BlockFi and here it says from Nexo get $10 when
2:37
signing up and a passing $100 or more on Nexo so I want to go into my Nexo
2:43
let's see I'm gonna go into earned I'm gonna go into join the race I want to go
2:52
back into BlockFi and look for the refer a friend so let's see which one it's
2:58
better so as this article was saying here the person who was referred needs
3:04
to have a fund of $100 or more into the BlockFi account so they can be both
3:10
having $10 of Bitcoin and this one must be holding the money for 30 days and if
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I go into the Nexo referral program says that refers many friends as you can't until the July 26 and get 25 and Bitcoin per referral and up to 5000 in Nexo
3:27
from the 50k prize pool so this is like a very encouraging promo from Nexo so I
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can give like a point or not here how to enter the race you guys just get an idea
3:41
of how BlockFi and Nexo works guys so depending on what kind of token you want
3:47
to work or the interest that offers that the best for you guys you can select
3:52
either Nexo or BlockFi or choose both of them whatnot any case I'm gonna leave
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you a link down below the description from BlockFi and Nexo both of them are
4:02
gonna be down below the description so you can sign up totally for free guys and you can get some great rewards just by signing up guys so just in case you
4:10
have any questions you can leave it down below in the comment section don't forget to Like and subscribe to this channel if you want to see more about
4:16
BlockFi and or Nexo. Thank you for watching this video and I'll see you next time
4:27
you
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